This annual report and financial statements provide an overview of our financial performance from 1 April 2023 to 31 March 2024.
The statements show that our business model has remained resilient despite the increases in interest rates. The progress we have made on delivering our strategy, securing new funding and delivering solid financial and operation performance, puts Local Space in a good position as we consider the direction of our new corporate strategy for the next five years.
The financial statements include:
- Statement of responsibilities of the Board
- Report of the independent auditors to the member of Local Space
- Statement of comprehensive income
- Statement of changes in reserves
- Statement of cash flows