for the Period Ended 31 December 2023
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2023 | 2022 | |
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Called up share capital not paid: |
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Fixed assets | |||
Intangible assets: | 3 |
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Tangible assets: | 4 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: | 5 |
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Debtors: | 6 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 7 |
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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: | 8 |
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Provision for liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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Capital and reserves | |||
Called up share capital: |
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Share premium account: |
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Other reserves: |
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Profit and loss account: |
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Total Shareholders' 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 31 December 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Other accounting policies
for the Period Ended 31 December 2023
2023 | 2022 | |
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Average number of employees during the period |
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for the Period Ended 31 December 2023
Goodwill | Other | Total | |
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Cost | £ | £ | £ |
At 1 January 2023 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 December 2023 |
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Amortisation | |||
At 1 January 2023 |
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Charge for year |
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On disposals |
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Other adjustments |
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At 31 December 2023 |
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Net book value | |||
At 31 December 2023 |
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At 31 December 2022 |
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for the Period Ended 31 December 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2023 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 December 2023 |
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Depreciation | ||||||
At 1 January 2023 |
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Charge for year |
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On disposals |
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Other adjustments |
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At 31 December 2023 |
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Net book value | ||||||
At 31 December 2023 |
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At 31 December 2022 |
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for the Period Ended 31 December 2023
2023 | 2022 | |
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£ | £ | |
Stocks |
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Payments on account |
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Total |
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for the Period Ended 31 December 2023
2023 | 2022 | |
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£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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Debtors due after more than one year: |
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for the Period Ended 31 December 2023
2023 | 2022 | |
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£ | £ | |
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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for the Period Ended 31 December 2023
2023 | 2022 | |
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£ | £ | |
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Other creditors |
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Total |
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The company provides physical activity, sport and education services for children, young people and adults in Hampshire, Wiltshire and Sussex, focusing on supporting and improving physical, mental and social wellbeing through its activities. In the company's fifth year to 31st December 2023 it has benefitted the community in the following ways; Continued investment in and delivery of physically active learning 'Maths on the Move' sessions in Primary and Special Educational Need (SEN) schools as an intervention programme to support children's attainment and confidence in the subject area. Delivered physical activity, sport and education programmes in a range of school settings, both curricular and extra-curricular activities. As part of the Department for Education's 'Holiday Activities and Food' programme (HAFP), we ran circa 20 venues with circa 17,000 funded places for children eligible for benefit related free school meals (FSM) to attend school holiday activities and receive a hot meal each day. We provided our programmes across four local authorities, with 15% of funds able to be allocated for other children/families in need of support, for example Ukrainian refugees. As HAFP funding only covers 6 weeks of holiday periods annually, our procurement application included reinvesting part of the allocated funds during school holiday periods not covered by the HAFP. This additional funding used the same criteria for the HAFP, extending vital support to families all year round and at other crucial pinch points in the year. For the 2023 year this investment totalled circa £8, 000 across four hub venues .. As a 'Real Living Wage' (RLW) employer (Accredited February 2022) we commit to paying our employees at least the RLIN, an independently calculated rate. With the cost of living crisis taking hold in 2022 this was directly impacting our employees health and wellbeing, to support this and ensure they could continue to offer exceptional levels of service, we introduced the new rate set in September 2022 from October 1st 2022. The RLW deadline to implement was May 1st 2024, meeting this commitment early meant an investment of circa £9, 768 for the first four months of 2024. (Nb. The added investment October to December 2022 was covered in the previous years report). In September 2023 we launched Swim:ED, a Primary School swimming education and water safety programme using portable pools housed in a temporary marquee structure. Investment in the programme license, pool and equipment totalled an initial £20,000. In the Autumn term of 2023 we delivered the programme to two schools, impacting 260 children, with over 60% achieving the national standard following the programme. This programme is a long-term investment with a planned four pools in operation by the end of 2024, which will impact over 3,000 children annually. Once the programme returns a profit the company will further plans to target specific communities in need, aiming to provide free access to swim education and water safety as part of our social reinvestment. As part of our long term strategic plan we delivered our second county (Hampshire) 'Health and Wellbeing Conference' in November. The conference aim is to bring together people from the education, sport and leisure sector, providing them specialist workshops, training, guidance and support strategies on how to support and improve people's health and wellbeing in their workplace - both the children and staff in their care. To remove barriers we were able to provide access free of charge for delegates, with a total attendance of 85 attendinq, and a total investment of £18,500. The company sponsored a local girls football team, ensuring they had the appropriate kit and equipment for their season so families did not have to self-fund. The sponsorship totalled £836 for the season. As part of our bi-annual '360 Challenge' to raise money for our charity partner, we paid £450 for 30 team members to take part in the 'Jurassic Coast Challenge', walking 58km along the coast, raising over £6,000 for local charity 'Simon Says Child Bereavement Support'. In support of our 'Green 360 Strategy', to offset our carbon footprint from our teams travel to deliver our site-based seNices, we reinvested £1,246 in planting trees and investing in carbon reduction projects. This was achieved through recording employees mileage on a monthly basis, calculating the carbon footprint, and then allocating funds through 'Ecologi' to offset this.
The company engages with a range of stakeholders including local authorities, community groups, other organisations within our sector, primary and secondary schools, parents/guardians of children and young people, and the children and young people themselves. The company directors regularly engage with all stakeholders through a variety of channels to identify their needs and what services we can provide to support them effectively. This includes; Meetings with local authorities and other community stakeholders to identify target populations who would benefit from services offered regarding health and wellbeing. This has led to establishing new venues to offer 'Holiday Activities and Food' programmes in areas identified by the authority as in need. Regular meetings with, and surveys gathered from senior leaders in schools to identify how our services can support their pupils and the wider school community. This has Jed to research and development into new services and products that support health and wellbeing, i.e. swimming using portable pools. Surveys to parents/guardians of children in the community where the company run Active Holiday Childcare services, identifying their needs for the childcare provision, i.e. times, dates, activities and any other key needs. This helped the company tailor its provision to accommodate the needs, and ensure it was accessible to everyone. This has lead to us reducing prices of some services during the winter months to support families through the sharp increase in cost of living, i.e. energy and food costs. Setting up and running of focus/steering groups to help guide and support company strategy to ensure we meet community needs, i.e. parents/guardians and school senior leaders. Meetings are held quarterly with each group, company Senior Management are present at all meetings. Attendance of industry specific conferences, i.e. Youth Sport Trust. Membership of the Aspire Active Education Partnership, comprising of over 50 national organisations within the sector to share good practise, review and plan for current and future needs concerning the sector, and to lobby on behalf of the sector. The company Managing Director is also part of the Steering Group for the partnership. Conferences, meetings and surveys of employees and other internal stakeholders. This allows us to ensure we continue offering an excellent place to work and we can meet our teams needs, including their health and wellbeing. An example of this is becoming an accredited Real Living Wage employer, and increasing staff pay in line with new rates 6 months before the deadline.
Directors' remuneration is detailed in the company accounts. 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
9 September 2024
And signed on behalf of the board by:
Name: Will Atterbury
Status: Director