PROFORMANCE PATHWAYS CIC

Company limited by guarantee

Company Registration Number:
13203229 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

PROFORMANCE PATHWAYS CIC

Contents of the Financial Statements

for the Period Ended 28 February 2024

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

PROFORMANCE PATHWAYS CIC

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

The principal activity of the company was to provide opportunities for young people to play football and access safe and professional coachin regardless of any social and economic factors.



Directors

The director shown below has held office during the whole of the period from
1 March 2023 to 28 February 2024

Mr H.J. O'Riordan


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
17 October 2024

And signed on behalf of the board by:
Name: Mr H.J. O'Riordan
Status: Director

PROFORMANCE PATHWAYS CIC

Profit And Loss Account

for the Period Ended 28 February 2024

2024 2023


£

£
Turnover: 159,557 102,613
Cost of sales: ( 142,111 ) ( 90,888 )
Gross profit(or loss): 17,446 11,725
Administrative expenses: ( 15,456 ) ( 6,963 )
Operating profit(or loss): 1,990 4,762
Profit(or loss) before tax: 1,990 4,762
Tax: ( 2,448 )
Profit(or loss) for the financial year: (458) 4,762

PROFORMANCE PATHWAYS CIC

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 12,240 6,840
Total fixed assets: 12,240 6,840
Current assets
Cash at bank and in hand: 2,203 1,589
Total current assets: 2,203 1,589
Creditors: amounts falling due within one year: 4 ( 4,000 )
Net current assets (liabilities): (1,797) 1,589
Total assets less current liabilities: 10,443 8,429
Provision for liabilities: ( 2,448 )
Accruals and deferred income: ( 504 ) ( 480 )
Total net assets (liabilities): 7,491 7,949
Members' funds
Profit and loss account: 7,491 7,949
Total members' funds: 7,491 7,949

The notes form part of these financial statements

PROFORMANCE PATHWAYS CIC

Balance sheet statements

For the year ending 28 February 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 17 October 2024
and signed on behalf of the board by:

Name: Mr H.J. O'Riordan
Status: Director

The notes form part of these financial statements

PROFORMANCE PATHWAYS CIC

Notes to the Financial Statements

for the Period Ended 28 February 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

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Equipment - 15% reducing balance Motor Vehicles - 25 % reducing balance Office Equipment - 25% reducing balance

PROFORMANCE PATHWAYS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

PROFORMANCE PATHWAYS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 8,347 1,657 0 10,004
Additions 9,500 9,500
Disposals
Revaluations
Transfers
At 28 February 2024 8,347 1,657 9,500 19,504
Depreciation
At 1 March 2023 2,747 417 0 3,164
Charge for year 1,410 310 2,380 4,100
On disposals
Other adjustments
At 28 February 2024 4,157 727 2,380 7,264
Net book value
At 28 February 2024 4,190 930 7,120 12,240
At 28 February 2023 5,600 1,240 0 6,840

PROFORMANCE PATHWAYS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Creditors: amounts falling due within one year note

2024
£
Other creditors 4,000
Total 4,000

COMMUNITY INTEREST ANNUAL REPORT

PROFORMANCE PATHWAYS CIC

Company Number: 13203229 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

The company ran multiple projects in the financial year, including HAF (Holidays, Activities & Food) camps across Hertfordshire and Buckinghamshire during the Easter, Summer and Christmas breaks. The company received funding from Herts Sports Partnerships to run camps in Hemel Hempstead and Leventhorpe for children in receipt of free school meals. It also received funding from Bucks Council to run camps in Aylesbury, Chesham, Burnham, Buckingham, Beaconsfield and High Wycombe for children in the same situation. Performance Pathways CIC worked with 1000s of children aged 5-18 to support them during school holidays by providing free access to high-quality sports camps, enrichment learning and hot meals.

Consultation with stakeholders

The company had regular consultations with the public through online feedback forms completed by parents whose children attended the camps. Our process is to use this feedback to further develop and enhance delivery of these camps in future.

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 October 2024

And signed on behalf of the board by:
Name: Mr H. O'Riordan
Status: Director