NEW DIRECTION SERVICES C.I.C.

Company limited by guarantee

Company Registration Number:
13795871 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

NEW DIRECTION SERVICES C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

NEW DIRECTION SERVICES C.I.C.

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

James Griffin
Rebecca Kane


The director shown below has held office during the period of
1 January 2023 to 10 March 2023

Lauren Woodhouse


The director shown below has held office during the period of
10 March 2023 to 31 December 2023

Charlotte Cosgrove


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
29 February 2024

And signed on behalf of the board by:
Name: Rebecca Kane
Status: Director

NEW DIRECTION SERVICES C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023 13 months to 31 December 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 517 231
Investments:   0 0
Total fixed assets: 517 231
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 10,286 5,292
Investments:   0 0
Total current assets: 10,286 5,292
Prepayments and accrued income: 4,650 3,300
Creditors: amounts falling due within one year: 4 ( 15,618 ) ( 4,452 )
Net current assets (liabilities): (682) 4,140
Total assets less current liabilities: (165) 4,371
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (165) 4,371
Members' funds
Profit and loss account: (165) 4,371
Total members' funds: ( 165) 4,371

The notes form part of these financial statements

NEW DIRECTION SERVICES C.I.C.

Balance sheet statements

For the year ending 31 December 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 29 February 2024
and signed on behalf of the board by:

Name: Rebecca Kane
Status: Director

The notes form part of these financial statements

NEW DIRECTION SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:- Plant & Machinery - 3 year straight line- Fixtures & Fittings - 3 year straight line

NEW DIRECTION SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 13 months to 31 December 2022
    Average number of employees during the period 0 0

NEW DIRECTION SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 245 0 245
Additions 130 290 420
Disposals
Revaluations
Transfers
At 31 December 2023 375 290 665
Depreciation
At 1 January 2023 14 0 14
Charge for year 82 52 134
On disposals
Other adjustments
At 31 December 2023 96 52 148
Net book value
At 31 December 2023 279 238 517
At 31 December 2022 231 0 231

NEW DIRECTION SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 13 months to 31 December 2022
£ £
Taxation and social security 0 954
Accruals and deferred income 13,884 2,640
Other creditors 1,734 858
Total 15,618 4,452

COMMUNITY INTEREST ANNUAL REPORT

NEW DIRECTION SERVICES C.I.C.

Company Number: 13795871 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

The company runs various programs of physical exercise, self-defense and dance for vulnerable adults and children. They are based in Huddersfield at a studio in Marsh but Instructors can also deliver at external premises e.g. schools and council buildings. The company has just completed its second year of trading opening in December 2021 and closing the year in December 2023. During the financial year 2022 and 2023, the companies activities have benefited the community in the following ways:- Local residents (particularly those without access to cars and those with impaired mobility, have been able to attend- Those on low income and entitled to free school meal benefit have had the added bonus of receiving Free places on Holiday Club Programs- The company has provided employment during the Holiday Programs for 3 local residents- 2 local Cafes have provided meals for the holiday club Programs- 130 households have benefited from the holiday programs

Consultation with stakeholders

The company’s stakeholders are residents of and visitors to the town, and local producers of food and drink products in the surrounding area. The directors of the company have lived in the town for a number of years and developed the business model for the company based on their experience of talking to other residents.We ask everyone using the company for the first time to fill in a short questionnaire about their needs and requirements. This has helped us to build up a profile of local consumers’ needs and what we can do to meet them more effectively. Our research has enabled us to identify that there are about 150 families struggling financially with the rise in living costs and we suspect there to be a lot more. We encourage those working in the company to pick up ideas for the business when talking to customers and we keep a “suggestions box” for customers to provide details of programs which they would like to see available in the future.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 March 2024

And signed on behalf of the board by:
Name: Rebecca Kane
Status: Director