PRO TOUCH SA COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
10675065 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2023

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

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Directors' report period ended 31 March 2023

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

Principal activities of the company

Principal activity of the company during the financial year was that of sports and recreation activities.



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Ashadur Rahman
Zahid Hossain


Secretary Mustapha Turay

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
14 March 2024

And signed on behalf of the board by:
Name: Ashadur Rahman
Status: Director

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 73,815 71,891
Cost of sales: ( 438,556 ) ( 364,932 )
Gross profit(or loss): (364,741) (293,041)
Distribution costs: ( 324 ) 0
Administrative expenses: ( 147,636 ) ( 142,206 )
Other operating income: 489,335 503,034
Operating profit(or loss): (23,366) 67,787
Interest receivable and similar income: 8 0
Interest payable and similar charges: ( 820 ) ( 747 )
Profit(or loss) before tax: (24,178) 67,040
Tax: ( 2 ) ( 13,032 )
Profit(or loss) for the financial year: (24,180) 54,008

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 19,368 24,485
Investments:   0 0
Total fixed assets: 19,368 24,485
Current assets
Stocks: 4 12,448 4,905
Debtors: 5 82,115 35,014
Cash at bank and in hand: 21,256 94,628
Total current assets: 115,819 134,547
Creditors: amounts falling due within one year: 6 ( 38,069 ) ( 29,501 )
Net current assets (liabilities): 77,750 105,046
Total assets less current liabilities: 97,118 129,531
Creditors: amounts falling due after more than one year: 7 ( 19,173 ) ( 27,407 )
Total net assets (liabilities): 77,945 102,124
Members' funds
Profit and loss account: 77,945 102,124
Total members' funds: 77,945 102,124

The notes form part of these financial statements

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 March 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 14 March 2024
and signed on behalf of the board by:

Name: Ashadur Rahman
Status: Director

The notes form part of these financial statements

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net of tradediscounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Computer Equipment 25% Reducing BalanceFixtures and Fittings 25% Reducing BalancePlant and Machinery 25% Reducing Balance

    Other accounting policies

    Website costPlanning and operating costs for the company's website are charged to the income statement as incurred.TaxationTaxation represents the sum of tax currently payable. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.The company's liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Current tax assets and liabilities are not discounted.StocksStocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 23 20

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 19,088 5,192 13,274 37,554
Additions 814 363 162 1,339
Disposals
Revaluations
Transfers
At 31 March 2023 19,902 5,555 13,436 38,893
Depreciation
At 1 April 2022 6,576 2,801 3,692 13,069
Charge for year 3,331 689 2,436 6,456
On disposals
Other adjustments
At 31 March 2023 9,907 3,490 6,128 19,525
Net book value
At 31 March 2023 9,995 2,065 7,308 19,368
At 31 March 2022 12,512 2,391 9,582 24,485

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Stocks

2023 2022
£ £
Stocks 12,448 4,905
Total 12,448 4,905

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,395 0
Other debtors 80,720 35,014
Total 82,115 35,014
Debtors due after more than one year: 32,000 32,000

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 9,051 9,052
Taxation and social security 27,848 19,916
Other creditors 1,170 533
Total 38,069 29,501

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 19,173 27,407
Total 19,173 27,407

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

8. Loans to directors

Other debtors relate to hardship loans given to directors and employees due to covid-19 pandemic which were arranged to be repaid after 1 year.

COMMUNITY INTEREST ANNUAL REPORT

PRO TOUCH SA COMMUNITY INTEREST COMPANY

Company Number: 10675065 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

Throughout this period, our primary focus remained steadfast in delivering community, youth, and sports services within localities,including housing estates and sports facilities across the capital, with a particular emphasis on areas marked by high levels of deprivation.Despite the challenges posed by the COVID-19 pandemic in recent years, as we continue to recover from financial losses, we successfully implemented our expansion plans during the current fiscal year. Our outreach extended to additional London Boroughs, such as Croydon, aligning with our commitment to community engagement and service provision.This expansion resulted in a significant increase of over 30% in our membership, showcasing our commitment to positively impacting the lives of local children and young people, even within communities facing economic hardships. Despite the financial constraints experienced by many of our members, including the rising cost of living, we believe our services played a pivotal role in supporting families in need during this challenging year.The organisation adeptly managed its finances and services, leading to increased income from diverse sources, including local councils and charitable organisations. This financial stability positions us to sustain and expand our extensive work in some of London's most underprivileged communities.Looking ahead to the financial year 2023-2024, We aim to increase our income from £500,000 to £750,000. We plan to achieve this through various means, including subscription fees, charitable events, sales of services, and international project delivery. This financial boost will facilitate our intention to hire additional personnel, specificallyfor our school holiday and food programs (HAF), and bring in new full-time apprentices, fostering continued growth.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Directors' renumeration The total amount paid or receivable by directors in respect of qualifying services was £46,500.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
14 March 2024

And signed on behalf of the board by:
Name: Ashadur Rahman
Status: Director