SQUARE PEGS ROUND HOLES C.I.C.

Company limited by guarantee

Company Registration Number:
09926982 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

SQUARE PEGS ROUND HOLES C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

SQUARE PEGS ROUND HOLES C.I.C.

Directors' report period ended 31 December 2023

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

Principal activities of the company

The principal activity of the company in the year under review was that of a provider of support to young people in and around Wolverhampton, the Black Country, Staffordshire and Shropshire.



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Miss A Spence
Miss D Turner
Miss D Campbell


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
20 August 2024

And signed on behalf of the board by:
Name: Miss A Spence
Status: Director

SQUARE PEGS ROUND HOLES C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 50,852 40,146
Cost of sales: ( 111 )
Gross profit(or loss): 50,852 40,035
Administrative expenses: ( 50,868 ) ( 39,965 )
Operating profit(or loss): (16) 70
Profit(or loss) before tax: (16) 70
Profit(or loss) for the financial year: (16) 70

SQUARE PEGS ROUND HOLES C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 2,500
Cash at bank and in hand: 6,936 222
Total current assets: 6,936 2,722
Creditors: amounts falling due within one year: 4 ( 5,190 ) ( 960 )
Net current assets (liabilities): 1,746 1,762
Total assets less current liabilities: 1,746 1,762
Total net assets (liabilities): 1,746 1,762
Members' funds
Profit and loss account: 1,746 1,762
Total members' funds: 1,746 1,762

The notes form part of these financial statements

SQUARE PEGS ROUND HOLES C.I.C.

Balance sheet statements

For the year ending 31 December 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 20 August 2024
and signed on behalf of the board by:

Name: Miss D Turner
Status: Director

The notes form part of these financial statements

SQUARE PEGS ROUND HOLES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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

SQUARE PEGS ROUND HOLES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

SQUARE PEGS ROUND HOLES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

2023 2022
£ £
Trade debtors 2,500
Total   2,500

SQUARE PEGS ROUND HOLES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 4,230
Accruals and deferred income 960 960
Total 5,190 960

COMMUNITY INTEREST ANNUAL REPORT

SQUARE PEGS ROUND HOLES C.I.C.

Company Number: 09926982 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

Square Pegs Round Holes is a company working with children, young people, families and communities to build resilience and provide support to recognise and overcome the barriers that limit their full participation in their lives. During the financial year 2022 to 2023 the company delivered the following projects with the attendant community benefits. Supporting a Stronger You (SaSY) This is a resilience programme to build and support transferable life skills. During the financial year we delivered SaSY, a one to one facilitated programme in one secondary school within the city of Wolverhampton. Benefits to approximately 96 pupils; building on and developing skills for life e.g. understanding the complexities of relationships. Benefits to the communities: more fulfilled and better prepared young people. Benefits to Square Pegs: building a better understanding of the varied lives lived by young people which in turn supports the evolution of our programmes.

Consultation with stakeholders

The company’s stakeholders are: Police Wolverhampton residents/parents Schools/pupils Voluntary sector organisations Community representatives Wolverhampton Voluntary Sector Council City of Wolverhampton Council Funders We consult with these stakeholders in a range of tailored ways :- Face to face Questionnaires Virtual meeting platforms Workshops Social media Meetings All feedback received is passed back to the commissioning agencies/funders. We utilise the learning to make improvements to our future activities.

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
17 September 2024

And signed on behalf of the board by:
Name: Miss D Turner
Status: Director