SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
08390197 (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

SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) COMMUNITY INTEREST COMPANY

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Kerri Bee
Paul Bee
Amy Bishop
Chloe Roberts
Joseph Scarborough


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
28 May 2024

And signed on behalf of the board by:
Name: Kerri Bee
Status: Director

SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 282,763 240,237
Cost of sales: ( 5,316 ) ( 4,808 )
Gross profit(or loss): 277,447 235,429
Administrative expenses: ( 261,878 ) ( 226,367 )
Other operating income: 1,860 6,577
Operating profit(or loss): 17,429 15,639
Interest payable and similar charges: ( 254 ) ( 254 )
Profit(or loss) before tax: 17,175 15,385
Tax: ( 3,522 ) ( 1,928 )
Profit(or loss) for the financial year: 13,653 13,457

SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 12,047 12,903
Total fixed assets: 12,047 12,903
Current assets
Debtors: 4 24,216 18,680
Cash at bank and in hand: 36,935 24,468
Total current assets: 61,151 43,148
Creditors: amounts falling due within one year: 5 ( 35,049 ) ( 31,550 )
Net current assets (liabilities): 26,102 11,598
Total assets less current liabilities: 38,149 24,501
Total net assets (liabilities): 38,149 24,501
Members' funds
Profit and loss account: 38,149 24,501
Total members' funds: 38,149 24,501

The notes form part of these financial statements

SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) 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 28 May 2024
and signed on behalf of the board by:

Name: Kerri Bee
Status: Director

The notes form part of these financial statements

SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    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: 20% Reducing balance Fixtures & Fittings: 20% Reducing balance Computer Equipment: 20% Straight line

SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) 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 16 16

SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) 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 5,009 11,030 9,351 25,390
Additions 2,373 2,373
Disposals
Revaluations
Transfers
At 31 March 2024 5,009 11,030 11,724 27,763
Depreciation
At 1 April 2023 2,302 4,656 5,529 12,487
Charge for year 541 1,274 1,414 3,229
On disposals
Other adjustments
At 31 March 2024 2,843 5,930 6,943 15,716
Net book value
At 31 March 2024 2,166 5,100 4,781 12,047
At 31 March 2023 2,707 6,374 3,822 12,903

SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 23,295 18,283
Prepayments and accrued income 921 397
Total 24,216 18,680

SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) 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
£ £
Bank loans and overdrafts 14,385 16,924
Trade creditors 2,859 4,413
Taxation and social security 10,776 6,674
Other creditors 7,029 3,539
Total 35,049 31,550

COMMUNITY INTEREST ANNUAL REPORT

SUPPORTING PEOPLE AND PETS THROUGH OPPORTUNITY AND TRAINING (SPPOT) COMMUNITY INTEREST COMPANY

Company Number: 08390197 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

We provide training, volunteering, and work placements for people who are 'furthest from the job market' and employ 7 full time staff and 2 part time posts. Our contract with the local authority to provide training and volunteering placements for adults who have learning and physical disabilities, has continued to grow and we now have 29 placements. Our budget consists of several income strands - income generated from dog walking and day places, two main contracts and grants. Each staff post is funded through a combination of sustainable income from dog walking and day care from the local authority. We have maintained our board of directors at five this year. We have had exemplary feedback from Agored Cymru with whom we are registered as an accredited learning centre and are considered a 'low risk' centre due to our robust systems and quality assurance processes. We maintain excellent working relationships with our Local Council for Voluntary Groups and other 3rd section organisations in Pembrokeshire.

Consultation with stakeholders

All trainees are consulted as part of their training course and the results fed into the quality assurance systems and affected through board meeting discussion and actions. All volunteers are consulted through individual support sessions and team meetings and action taken above. All staff and directors are consulted as above. Referring agencies are consulted via questionnaires at the start and end of training courses for the person they have referred, and changes are made as above. Funders are consulted according to the condition they set, and changes effected as above. All people associated with SPPOT are invited to a weekly group planning, support, and social meeting, where everyone can contribute to the running of the organisation. All customers are invited to give feedback via online surveys, and we also visit dog walking customers every six months as a minimum to ensure the service is meeting their needs. Thus far, all stakeholders have had entirely positive feedback.

Directors' remuneration

Salary of £40,586

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 August 2024

And signed on behalf of the board by:
Name: Kerri Bee
Status: Director