for the Period Ended 30 November 2023
Directors report | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 November 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 December 2022
to
30 November 2023
Secretary
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
And signed on behalf of the board by:
Name:
Status: Secretary
As at
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Stocks: | 4 |
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Debtors: | 5 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 6 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 7 |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 November 2023
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 30 November 2023
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Average number of employees during the period |
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for the Period Ended 30 November 2023
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Cost | £ | £ | £ | £ | £ | £ |
At 1 December 2022 |
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At 30 November 2023 |
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At 1 December 2022 |
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At 30 November 2023 |
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At 30 November 2023 |
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At 30 November 2022 |
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for the Period Ended 30 November 2023
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Stocks |
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Total |
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for the Period Ended 30 November 2023
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Trade debtors |
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Other debtors |
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Total |
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for the Period Ended 30 November 2023
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Bank loans and overdrafts |
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Taxation and social security |
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Other creditors |
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Total |
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for the Period Ended 30 November 2023
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£ | £ | |
Bank loans and overdrafts |
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Total |
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North East Sport continued its mission of delivering high quality sports and community programmes during the 2022 to 2023 financial year. Our focus remained on providing opportunities for children and young people in Sunderland and South Tyneside to develop their physical and social wellbeing through sport, physical activity and youth work. Core Programmes and Services Our flagship football programme experienced continued growth, with participation increasing across all age groups. The introduction of Bambino Ballers sessions for under 3s further strengthened our grassroots offering and our club pathways. Our collaboration with local schools remained a core component of our work. We delivered a range of services including breakfast clubs, physical education support, and after school clubs. The popularity of our holiday camps was evident, with high demand for places. Our beach themed summer camps were particularly successful. During this time we continued our participation in the Together for Children Sunderland HAF programme. We expanded our youth work provision to include a wider range of activities beyond football, catering to the diverse interests of young people in our community. Key Achievements We saw a significant increase in the number of children and young people participating in our programmes, demonstrating the growing demand for our services. Our collaboration with local schools and other organisations strengthened our position as a key provider of youth services in the area. North East Sport has cultivated a strong and productive partnership with Sunderland City Council and Together for Children. Our track record of delivering high quality, impactful programmes has been consistently recognised. We have consistently exceeded targets and demonstrated exceptional performance across all projects undertaken in collaboration with these key stakeholders. Notably, our involvement in the HAF programme alongside Together for Children has been met with widespread acclaim. This successful partnership highlights our ability to deliver exceptional outcomes for young people in the community. Our commitment to evidence based practice and continuous improvement has enabled us to build a strong reputation as a reliable and effective partner. We look forward to strengthening these relationships further in the coming years. Challenges and Opportunities Cash flow. We are faced with cash flow issues due to the amount of time we wait to be paid from various projects. In some cases this can be up to 4 months. We are currently trying to navigate this challenge with very careful financial planning and credit control. Lack of Capacity. This is creating a barrier to growth because of financial constraints. A lack of capacity can hinder our ability to generate additional income through expanded services, which in turn limits our ability to invest in resources and staff development. This is also restricting our programme delivery. We are unable to expand our programs to reach a wider audience, particularly in areas of high demand such as holiday camps and after school clubs. Addressing the lack of capacity is a priority for North East Sport. We are actively seeking solutions to increase our resources and expand our reach while maintaining the quality of our services. The Burden of Data Driven Evaluation Measures We struggle to capture all relevant data points due to limited staff capacity, inefficient data collection processes and lack of correct skills and or training in the organisation. We also deliver so much and it is difficult to record every outcome that we achieve, as a lot of it is achieved without realising it.
North East Sport has cultivated strong relationships with a diverse range of stakeholders throughout the years we have been in operation which has continued in 2022 to 2023 financial year. Our commitment to open and transparent communication has been central to our success. Key stakeholder groups include Local Community. Parents, club members, and the wider community have been actively engaged through various channels, including face to face interactions, surveys, and feedback mechanisms. Schools. Strong partnerships with local schools have been maintained through regular communication and collaboration on projects such as breakfast clubs, PE support, and afterschool clubs. Funding Partners. Effective communication and regular reporting have been essential in maintaining positive relationships with Sunderland City Council and Together for Children. Our ability to deliver against project targets, particularly within the HAF programme, has been instrumental in securing continued support. Staff. Our staff are at the heart of our organisations success. We have cultivated a culture of empowerment, where staff members feel valued and invested in the organisations goals. Regular staff meetings, opportunities for professional development, and open communication channels have fostered a strong sense of ownership and commitment. By fostering open dialogue and actively seeking feedback, we have ensured that our programmes and services align with the needs and expectations of our stakeholders. This collaborative approach has been instrumental in achieving our organisational goals. Key achievements in stakeholder engagement include Successful delivery of the HAF programme in partnership with Together for Children, exceeding targets and receiving positive feedback. Maintaining strong relationships with local schools through regular communication and collaboration. Effective communication with parents and club members through various channels, including face to face interactions, surveys, and social media. Transparent financial management and reporting to funders. This commitment to stakeholder engagement has been fundamental to the success of North East Sport in the 2022 to 2023 financial year.
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.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
29 July 2024
And signed on behalf of the board by:
Name: Lindsay Williams
Status: Director