DELEGATED SERVICES C.I.C.

Company Registration Number:
08032458 (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

DELEGATED SERVICES C.I.C.

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

DELEGATED SERVICES C.I.C.

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

Principal activities of the company

The principal activity of the company is high quality services and support to help educational establishments become even more effective.

Additional information

Small company provisions This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.



Directors

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

William John Crocker
Peter John McCarthy


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
21 August 2024

And signed on behalf of the board by:
Name: William John Crocker
Status: Director

DELEGATED SERVICES C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 445,523 426,384
Cost of sales: ( 239,038 ) ( 270,017 )
Gross profit(or loss): 206,485 156,367
Administrative expenses: ( 184,686 ) ( 160,578 )
Other operating income: 395 250
Operating profit(or loss): 22,194 (3,961)
Profit(or loss) before tax: 22,194 (3,961)
Tax: ( 3,714 ) ( 21 )
Profit(or loss) for the financial year: 18,480 (3,982)

DELEGATED SERVICES C.I.C.

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,553 1,702
Total fixed assets: 1,553 1,702
Current assets
Debtors: 4 53,912 33,769
Cash at bank and in hand: 216,025 207,025
Total current assets: 269,937 240,794
Creditors: amounts falling due within one year: 5 ( 142,765 ) ( 132,223 )
Net current assets (liabilities): 127,172 108,571
Total assets less current liabilities: 128,725 110,273
Provision for liabilities: ( 295 ) ( 323 )
Total net assets (liabilities): 128,430 109,950
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 128,330 109,850
Total Shareholders' funds: 128,430 109,950

The notes form part of these financial statements

DELEGATED SERVICES C.I.C.

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 21 August 2024
and signed on behalf of the board by:

Name: William John Crocker
Status: Director

The notes form part of these financial statements

DELEGATED SERVICES C.I.C.

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: Fixtures & fittings - 33% Reducing Balance Computer equipment - 20% Straight line

    Other accounting policies

    The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. Basis of preparation The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Presentation currency The accounts are presented in £ sterling. Deferred taxation Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted. Pension costs The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due. Turnover 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. Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loan and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

DELEGATED SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 11 10

DELEGATED SERVICES C.I.C.

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 225 3,158 3,383
Additions 499 499
Disposals
Revaluations
Transfers
At 31 March 2024 225 3,657 3,882
Depreciation
At 1 April 2023 225 1,456 1,681
Charge for year 648 648
On disposals
Other adjustments
At 31 March 2024 225 2,104 2,329
Net book value
At 31 March 2024 0 1,553 1,553
At 31 March 2023 0 1,702 1,702

DELEGATED SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 45,626 29,783
Prepayments and accrued income 8,186 3,886
Other debtors 100 100
Total 53,912 33,769

DELEGATED SERVICES C.I.C.

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 8,465 31,193
Taxation and social security 21,082 13,748
Accruals and deferred income 7,883 4,311
Other creditors 105,335 82,971
Total 142,765 132,223

COMMUNITY INTEREST ANNUAL REPORT

DELEGATED SERVICES C.I.C.

Company Number: 08032458 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Our Vision and Mission: To be the first-choice partner for the education and community sectors, providing high-quality support services with incredible value. Customer Value Proposition: Delegated Services (DS) is a Not-for-Profit, Community Interest Company. Our staff team and network partners are highly skilled, experienced professionals who care passionately about the support and services they provide in the sectors in which we operate. We understand the challenges and financial pressures our customers face and aim to reduce their costs and enhance their performance by tailoring our services to meet their needs, at the most competitive prices. When we achieve a surplus, we invest into the sectors we serve. Key Features of Our Organisation: Not for Profit: DS is a Community Interest Company which re-invests any surplus in educational or community projects Regional: our core area is the West Country, where we are the market leader, and we provide outreach services nationwide Breadth of services: through our colleagues and partners, we provide a one-stop shop for services to education and community organisations Expertise: we are resourced with experienced, respected experts from a wide range of backgrounds and specialisms: people who understand the issues in the sectors they support Flexible: we tailor support to each customer’s needs - never a ‘one-size fits all’ approach Emergency response: subscribers have access to an emergency helpline available 24/7 Proactive: we issue frequent risk warnings (such as for weather or traffic emergencies) and provide updates to alert subscribers to changes in legislation and regulation Value for money: our not-for-profit status enables us to offer keen prices for high-quality services. Delegated Services was formed in June 2012, and since then we have gone from strength to strength, proudly providing health and safety expertise, experience, and reassurance to provide a positive health and safety culture. In August 2017, Delegated Services took on the service commitments of PCS Enterprises. In January 2021, DS also welcomed a substantial number of new customers when South Glos Integra terminated their health and safety service to them. National companies have the disadvantages of being expensive, inflexible over services and lacking continuity in personal contacts with clients. Delegated Services prides itself on being approachable and flexible, listening to our clients’ requirements and providing them with a bespoke solution to their needs.

Consultation with stakeholders

The company’s stakeholders are currently all Sectors of Schools and Community organisations. We are a West Country Regional business with a National reach. All our agreement customers have regular contact with team and, as part of our service standards, they have access to their own private website of helpful resources and intellectual property along with a suite of communications including a formal bulletin document from us 6 times a year plus less formal communications on a fortnightly basis. As a result our relationships are regular and proactive and we are able to ask for their comments, amongst others, on three critical questions: whether we have met their expectations how we can improve the services, and whether we should add additional services to our portfolio. Feedback from this process has meant we have not only been able to improve our services but we have also had the evidence to support amendment to some of the ways we do things together with the incorporation of a number of services to our portfolio.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £61,215. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors’ 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
16 September 2024

And signed on behalf of the board by:
Name: William Crocker
Status: Director