TWISTFIZZ C.I.C.

Company limited by guarantee

Company Registration Number:
10561481 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

TWISTFIZZ C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TWISTFIZZ C.I.C.

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 1,873 450
Cash at bank and in hand: 54,528 67,149
Total current assets: 56,401 67,599
Creditors: amounts falling due within one year: 4 ( 28,500 ) ( 39,094 )
Net current assets (liabilities): 27,901 28,505
Total assets less current liabilities: 27,901 28,505
Total net assets (liabilities): 27,901 28,505
Members' funds
Profit and loss account: 27,901 28,505
Total members' funds: 27,901 28,505

The notes form part of these financial statements

TWISTFIZZ C.I.C.

Balance sheet statements

For the year ending 31 January 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.

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 14 October 2024
and signed on behalf of the board by:

Name: Lyndall Newton Early
Status: Director

The notes form part of these financial statements

TWISTFIZZ C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 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

TWISTFIZZ C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

TWISTFIZZ C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Debtors

2024 2023
£ £
Trade debtors 1,873 450
Total 1,873 450

TWISTFIZZ C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 4,983 5,137
Taxation and social security 19
Accruals and deferred income 23,517 33,938
Total 28,500 39,094

COMMUNITY INTEREST ANNUAL REPORT

TWISTFIZZ C.I.C.

Company Number: 10561481 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

In 2023/24, TwistFizz C.I.C. facilitated tennis activities at Eltham Park South, Shooters Hill Sixth Form and Cator Park MUGA, offering year-round coaching for approximately 190 juniors and 50 adults weekly. The programme expanded to approximately 30 hours of organised tennis weekly, and included free family sessions from April to October, promoting togetherness, health and well-being. We supported 11 teams in the Kent Leagues during the summer and winter providing all year around competitive opportunity for children and adults. In association with key partners, we delivered free tennis sessions in the local community providing lots of fun, free play activity for local people. We were also awarded funding from the Peoples Postcode Society to continue our work engaging with young people. Our impact was bolstered by a dedicated team of volunteers, earning us the 2022 Parks Venue of the Year award from Kent LTA.

Consultation with stakeholders

TwistFizz C.I.C. ensured that decisions were made in consultation with our key stakeholders who include: The Royal Borough of Greenwich Council, Shooters Hill Sixth Form, Councilors, Friends Association, Greenwich School Sports Partnership, Players, Parents, Coaches and Volunteers. The steering group continued to meet quarterly to advise the Management Board to achieve its aims: drive participation and broaden the reach of tennis in the local community, improving health and physical well-being. Coaches meet weekly to contribute to the development of coaching programmes, share the progress of players and discussthe challengesfaced by participants and the wider community. This has led to several adjustments to our curriculum offer to better fit the needs of players Coaches engage with service users informally through regular participant progress reports, and biannual social meet ups for players. The Management Team has collaborated with various partners to enhance our facilities and to organise community focused programmes, competitions, festivals that benefit local people. We also gathered feedback from customers via email, Whats App groups, and face-to-face interactions. These insights have allowed us to improve our communication channels and enhance the delivery of our services

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £45,000. 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
2 October 2024

And signed on behalf of the board by:
Name: Lyndall Newton Early
Status: Director