Registered number 12547115
The Sapphire Spaces and Plug Report and Accounts
31 March 2025
The Sapphire Spaces and Plug
Registered number: 12547115
Director's Report
Principal activity
The organisation continued supporting disadvantaged and underserved communities through housing support, community engagement, wellbeing activities, employability support and community-led initiatives.
Trustees / Directors
The following persons served as trustees/directors during the year:
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Jasmine Cannon-Ikurusi
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Melissa Joseph
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Jessica Katie Wicks
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Melanie Akas
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Fenella Nganje
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Victoria Simon-Michael
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Lorraine Yermofio
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Sharon Sikod
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Lateefat Smith
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Rochelle Thompson
Small company provisions
This report was approved by the board on 11 May 2026 and signed on its behalf.
Jasmine Cannon-Ikurusi Director
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
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The Sapphire Spaces and Plug
Accountants' report on the unaudited accounts to the trustees of The Sapphire Spaces and Plug
Prepared using internal financial records, uploaded bank statements, supporting documentation, operational records and information supplied by the organisation.
For the year ended 31 March 2025.
In accordance with the instructions received from the trustees, the financial statements have been prepared from the accounting records and explanations provided to us. These accounts comprise the Statement of Financial Activities, Balance Sheet and related notes to the accounts.
The trustees are responsible for maintaining adequate accounting records and for preparing financial statements which give a true and fair view of the charity’s financial activities and position at the reporting date.
The charity is exempt from an audit under the relevant provisions applicable to small charities and charitable organisations and therefore no audit has been carried out. Accordingly, no opinion is expressed on these financial statements.
The accounts have been prepared using information extracted from the charity’s operational banking records, uploaded financial statements and supporting documentation provided during the reporting period.
These accounts are intended solely for the use of the trustees and for statutory filing purposes.
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11 May 2026
The Sapphire Spaces and Plug Profit and Loss Account for the year ended 31 March 2025 The accounts have been prepared from internal financial records. uploaded bank statements and $upporting dlxumentation supplied by the organisatitsn. Y•4r end•d 31 Mwch 2025 Y•8r •nd 30 Aprll 2023 Descripdon INCOME Tarit Funding and CommLmity S 45.673 120.C(Q Donation5 and C¢)ntribLrtion5 50.000 Housin9 and Utilty Contrikrtrtions 10.000 Operational Income and Reimbursements 10,000 TOTAL INCOME 45.673 190.000 ADMINisfRATIVE EXPENSES Property Rent and Accommodation Costs Community Programme Delivery Costs Staffing and Volunteer Support Travel and Operational Expgn5es InsuraDTr and Subxrsptions Utilities and Communication5 15.000 60.000 10.500 40.000 7.5CM) 30.000 4.5CM) 20.000 10 10.000 1.5Tr) Administrative and Office Expenses 12 2.8 TOTAL ADMINISTrATIVE EXPENSES 43,800 180.000 OPERATING SURPLUS FOR THE YEAR 1.873 10.000 Not•s to the a¢11 Grant Inctsmè Stalling and Volunteer Support Travel and 0rational Expensès 10 In$uran¢ and Subscriptions Utilities and ComMunicl0n$ Donations HcAJsing and Utility ContritrAftions Opgrational Incomg and Rmburs•M•nts Proporty Aorn3datlQn Corts Ctynmvnity Pro9ramm• 0o1ivery 12 Administrative and ¢)ffi¢• Expe$ All income and expenditure for both years relates to continuing operations. The aCContS have bèèn prgparèd on a rec@ipts and payments basi$.
The Sapphire Spaces and Plug Balance Sheet as at 31 March 2025 31 Marth 2025 30 Aprfl 2023 CURRENT ASSETS Cash at bank and in hand 23.377 TOTAL CURRENT ASSETS 23.377 TOTAL ASSETS 23.377 Eourry AND LIABILITIES Eouir Called up share capitsl Attumulated rèsorvès 23.376 TOTAL EQUITY 23.377 CURRENT LIABILITIES Trad• crèditors Other credttors and accruals TOTAL CURREMf UABILITIES TOTAL EQUITY AND LIABILITIES 23.377 These financial statements were approved by the board of trusteos and authorised for issue on 11 May 2026 and were 5i9ned on its behalf by.. Jasmin• Cannon-lkurusi Trust•• NOTES TO THE BALANCE SHEEr Ca$h bi k>ank bnd in hand - include5 ld$ ld in orwis)tiw'$ bank Jccounts cash on hand at thè year Èrnd. Called up shar8 capital - th• organisation is a company limrt•d by shar•s. On• ordinary share ol £1 has bèen issued. Ac¢umylaied reserve5 - reFYes*nts the curnulative Surp1{delicItI of the organi5ation since incorporation. Trade creditor5 - amounty owed to 5uppliets at the ar end. 6 OtheT CredtOrS accruals - am¢)unt5 ¢)wed for expens•s incurred not yrt paid * the yw end.
The Sapphire Spaces and Plug
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
The accounts have been prepared under the historical cost convention.
2 Registered office
3rd Floor 86-90 Paul Street London England EC2A 4NE
Jasmine Cannon-Ikurusi CEO and Founder
Approved by the board on 11 May 2026
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