POWER THROUGH SPORT CIC

Company limited by guarantee

Company Registration Number:
10250828 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

POWER THROUGH SPORT CIC

Contents of the Financial Statements

for the Period Ended 30 June 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

POWER THROUGH SPORT CIC

Directors' report period ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Directors

The directors shown below have held office during the whole of the period from
1 July 2022 to 30 June 2023

Johnny Tulip
Stephanie Towns


The director shown below has held office during the period of
1 July 2022 to 8 March 2023

Alan Jackson


The director shown below has held office during the period of
8 November 2022 to 30 June 2023

Liam Pearson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
16 November 2023

And signed on behalf of the board by:
Name: Johnny Tulip
Status: Director

POWER THROUGH SPORT CIC

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 43,636 22,169
Cost of sales: ( 15,436 ) ( 2,156 )
Gross profit(or loss): 28,200 20,013
Administrative expenses: ( 55,418 ) ( 25,793 )
Other operating income: 24,062 6,272
Operating profit(or loss): (3,156) 492
Profit(or loss) before tax: (3,156) 492
Profit(or loss) for the financial year: (3,156) 492

POWER THROUGH SPORT CIC

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 5,847 4,013
Total fixed assets: 5,847 4,013
Current assets
Debtors: 4 1,280
Cash at bank and in hand: 8,016 987
Total current assets: 9,296 987
Creditors: amounts falling due within one year: 5 ( 17,999 ) ( 4,700 )
Net current assets (liabilities): (8,703) (3,713)
Total assets less current liabilities: (2,856) 300
Total net assets (liabilities): (2,856) 300
Members' funds
Profit and loss account: (2,856) 300
Total members' funds: ( 2,856) 300

The notes form part of these financial statements

POWER THROUGH SPORT CIC

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 September 2023
and signed on behalf of the board by:

Name: Johnny Tulip
Status: Director

The notes form part of these financial statements

POWER THROUGH SPORT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Plant & Machinery - 25% Reducing BalanceMotor Vehicles - 25% Straight Line

POWER THROUGH SPORT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

POWER THROUGH SPORT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2022 1,350 4,000 5,350
Additions 4,116 4,116
Disposals
Revaluations
Transfers
At 30 June 2023 5,466 4,000 9,466
Depreciation
At 1 July 2022 337 1,000 1,337
Charge for year 1,282 1,000 2,282
On disposals
Other adjustments
At 30 June 2023 1,619 2,000 3,619
Net book value
At 30 June 2023 3,847 2,000 5,847
At 30 June 2022 1,013 3,000 4,013

POWER THROUGH SPORT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Debtors

2023 2022
£ £
Trade debtors 1,280
Total 1,280

POWER THROUGH SPORT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 979
Accruals and deferred income 5,539 300
Other creditors 11,481 4,400
Total 17,999 4,700

COMMUNITY INTEREST ANNUAL REPORT

POWER THROUGH SPORT CIC

Company Number: 10250828 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

Throughout this year Power Through Sport’s activities have benefitted the community in the following ways:Power Through Community weekly sports sessions engaging with over 250 weekly members across Ball Hockey, Roller Hockey and Roller Skating Sessions bringing associated physical and mental health benefits.Community Outreach sessions engaged with over 2500 individuals across the North East delivered in partnership with community partners introducing a range of diverse physical activities into those communities most in-need.HAF Programme engaged with over 200 teenagers over the holidays, providing physical activity, enriching opportunities and valuable nutrition.Successful partnership with StreetGames, engaging with network of locally trusted organisations and now delivering training academy courses across the North East,5 coaches progressed from young volunteers into casual coaches with further 10 volunteers engaged supporting delivery in their own community.A live case study can be found at the following link:https://sportfin.io/story/19-how-power-through-sports-uses-roller-sports-to-form-inclusive-communities/?token=MTk:1qbidc:v0X2C4uO5xWCMCu2yI0SgwXOwEKla4rNtEbhWiWnHlA

Consultation with stakeholders

The company’s stakeholders are all local residents in proximity to projects and all individuals that have been involved with activities throughout the year. Senior members of staff and directorship have been actively engaged and involved with aspects of delivery and regularly communicate with stakeholders face to face.Ongoing consultation with stakeholders via face-to-face meetings, social media platforms, working in partnership with local organisations via network events. The workforce encourage feedback both during sessions and post delivery ensuring continuous improvement on all aspects of delivery through constant reflection. Utilising the Sportfin online booking management system provides an additional channel of communication with all members. Findings from this years’ survey will help to guide further development within sessions ensuring sessions remain fun to members and encourage social interaction. With mental health being an emerging priority for many current members, ensuring staff are trained with mental health first aid, psychologically informed environments and also ACE’s in Doorstep Sport will be key priorities this coming year.

Directors' remuneration

£25,575 - There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 September 2023

And signed on behalf of the board by:
Name: Johnny Tulip
Status: Director