TAILORED LEISURE COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
11964097 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

TAILORED LEISURE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

TAILORED LEISURE COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 69,882 58,855
Cost of sales: ( 39,243 ) ( 38,837 )
Gross profit(or loss): 30,639 20,018
Administrative expenses: ( 28,553 ) ( 14,555 )
Operating profit(or loss): 2,086 5,463
Profit(or loss) before tax: 2,086 5,463
Tax: ( 2,036 ) ( 1,037 )
Profit(or loss) for the financial year: 50 4,426

TAILORED LEISURE COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 64,310 71,456
Total fixed assets: 64,310 71,456
Current assets
Debtors: 4 6,783
Cash at bank and in hand: 50,168 29,215
Total current assets: 56,951 29,215
Creditors: amounts falling due within one year: 5 ( 60,642 ) ( 29,699 )
Net current assets (liabilities): (3,691) (484)
Total assets less current liabilities: 60,619 70,972
Creditors: amounts falling due after more than one year: 6 ( 43,510 ) ( 53,913 )
Total net assets (liabilities): 17,109 17,059
Members' funds
Profit and loss account: 17,109 17,059
Total members' funds: 17,109 17,059

The notes form part of these financial statements

TAILORED LEISURE COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 March 2024 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 25 August 2024
and signed on behalf of the board by:

Name: Tara Mackings
Status: Director

The notes form part of these financial statements

TAILORED LEISURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 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: 33%

TAILORED LEISURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

TAILORED LEISURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 71,456 71,456
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 71,456 71,456
Depreciation
At 1 April 2023 0 0
Charge for year 7,146 7,146
On disposals
Other adjustments
At 31 March 2024 7,146 7,146
Net book value
At 31 March 2024 64,310 64,310
At 31 March 2023 71,456 71,456

TAILORED LEISURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 6,783
Total 6,783

TAILORED LEISURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 12,367 4,973
Taxation and social security 8,577 7,250
Accruals and deferred income 38,014 12,476
Other creditors 1,684 5,000
Total 60,642 29,699

TAILORED LEISURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

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

2024 2023
£ £
Bank loans and overdrafts 43,510 53,913
Total 43,510 53,913

COMMUNITY INTEREST ANNUAL REPORT

TAILORED LEISURE COMMUNITY INTEREST COMPANY

Company Number: 11964097 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Sit to be fit in the community sessions by restricted funds from The National Lottery Community Funds – Reaching Communities Commissioned classes Paid for short breaks in our adapted caravan An asset lock has been put in place naming Headway Wearside

Consultation with stakeholders

We have directors that meet quarterly

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
18 August 2024

And signed on behalf of the board by:
Name: Tara Mackings
Status: Director