ACTIVE ME 360 C.I.C.

Company Registration Number:
11728324 (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

ACTIVE ME 360 C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ACTIVE ME 360 C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 23,611 0
Tangible assets: 4 37,892 39,624
Investments:   0 0
Total fixed assets: 61,503 39,624
Current assets
Stocks: 5 10,990 11,932
Debtors: 6 128,499 202,172
Cash at bank and in hand: 80,844 8,270
Investments:   0 0
Total current assets: 220,333 222,374
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 100,128 ) ( 119,581 )
Net current assets (liabilities): 120,205 102,793
Total assets less current liabilities: 181,708 142,417
Creditors: amounts falling due after more than one year: 8 ( 66,430 ) ( 19,730 )
Provision for liabilities: ( 7,200 ) ( 7,528 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 108,078 115,159
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 107,978 115,059
Total Shareholders' funds: 108,078 115,159

The notes form part of these financial statements

ACTIVE ME 360 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.

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 25 July 2024
and signed on behalf of the board by:

Name: William Atterbury
Status: Director

The notes form part of these financial statements

ACTIVE ME 360 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 20% Reducing Balance Fixtures & Fittings 15% Reducing Balance Computer Equipment Straight Line 3 Years

    Intangible fixed assets amortisation policy

    Other intangible assets are license fees. It is amortised to profit and loss account over its estimated economic life of 3 years. Intellectual property assets are a website. It is amortised to the profit and loss account over its estimated economic life of 3 years.

    Other accounting policies

    Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. 2.6.Stocks and Work in Progress Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses. 2.7.Foreign Currencies Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit. 2.8.Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

ACTIVE ME 360 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 40 28

ACTIVE ME 360 C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2023 0 0 0
Additions 0 30,000 30,000
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 December 2023 0 30,000 30,000
Amortisation
At 1 January 2023 0 0 0
Charge for year 0 6,389 6,389
On disposals 0 0 0
Other adjustments 0 0 0
At 31 December 2023 0 6,389 6,389
Net book value
At 31 December 2023 0 23,611 23,611
At 31 December 2022 0 0 0

ACTIVE ME 360 C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 0 13,560 15,210 29,053 0 57,823
Additions 0 13,887 0 624 0 14,511
Disposals 0 ( 1,626 ) ( 50 ) ( 815 ) 0 ( 2,491 )
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 December 2023 0 25,821 15,160 28,862 0 69,843
Depreciation
At 1 January 2023 0 2,319 3,595 12,285 0 18,199
Charge for year 0 3,579 1,736 9,482 0 14,797
On disposals 0 ( 216 ) ( 14 ) ( 815 ) 0 ( 1,045 )
Other adjustments 0 0 0 0 0 0
At 31 December 2023 0 5,682 5,317 20,952 0 31,951
Net book value
At 31 December 2023 0 20,139 9,843 7,910 0 37,892
At 31 December 2022 0 11,241 11,615 16,768 0 39,624

ACTIVE ME 360 C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Stocks

2023 2022
£ £
Stocks 10,990 11,932
Payments on account 0 0
Total 10,990 11,932

ACTIVE ME 360 C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Debtors

2023 2022
£ £
Trade debtors 79,711 119,801
Prepayments and accrued income 12,003 11,704
Other debtors 36,785 70,667
Total 128,499 202,172
Debtors due after more than one year: 0 0

ACTIVE ME 360 C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 24,369 6,518
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 14,261 26,976
Taxation and social security 57,842 35,664
Accruals and deferred income 0 46,293
Other creditors 3,656 4,130
Total 100,128 119,581

ACTIVE ME 360 C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 7,856 13,770
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 58,574 5,960
Total 66,430 19,730

COMMUNITY INTEREST ANNUAL REPORT

ACTIVE ME 360 C.I.C.

Company Number: 11728324 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

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.

Consultation with stakeholders

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

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.

Transfer of assets

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