STRIVE FLEETWOOD CIC

Company limited by guarantee

Company Registration Number:
14652120 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 9 February 2023

End date: 29 February 2024

STRIVE FLEETWOOD CIC

Contents of the Financial Statements

for the Period Ended 29 February 2024

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

STRIVE FLEETWOOD CIC

Directors' report period ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Directors

The directors shown below have held office during the whole of the period from
9 February 2023 to 29 February 2024

David McPartlin
Mark Spencer


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
8 November 2024

And signed on behalf of the board by:
Name: David McPartlin
Status: Director

STRIVE FLEETWOOD CIC

Profit And Loss Account

for the Period Ended 29 February 2024

13 months to 29 February 2024


£
Turnover: 1,952
Cost of sales: ( 5,033 )
Gross profit(or loss): (3,081)
Administrative expenses: ( 66,412 )
Other operating income: 165,000
Operating profit(or loss): 95,507
Profit(or loss) before tax: 95,507
Tax: ( 20,468 )
Profit(or loss) for the financial year: 75,039

STRIVE FLEETWOOD CIC

Balance sheet

As at 29 February 2024

Notes 13 months to 29 February 2024


£
Fixed assets
Tangible assets: 3 83,778
Total fixed assets: 83,778
Current assets
Stocks: 4 840
Debtors: 5 1,466
Cash at bank and in hand: 10,888
Total current assets: 13,194
Creditors: amounts falling due within one year: 6 ( 18,653 )
Net current assets (liabilities): (5,459)
Total assets less current liabilities: 78,319
Provision for liabilities: ( 3,280 )
Total net assets (liabilities): 75,039
Members' funds
Profit and loss account: 75,039
Total members' funds: 75,039

The notes form part of these financial statements

STRIVE FLEETWOOD CIC

Balance sheet statements

For the year ending 29 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 8 November 2024
and signed on behalf of the board by:

Name: David McPartlin
Status: Director

The notes form part of these financial statements

STRIVE FLEETWOOD CIC

Notes to the Financial Statements

for the Period Ended 29 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

    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. 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.

    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 - Straight line over 3 years Fixtures & Fittings - Straight line over 5 years

    Other accounting policies

    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. Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years 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 surplus. 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 surplus 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 surplus 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 assets reflect 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 surplus or deficit, 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.

STRIVE FLEETWOOD CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    13 months to 29 February 2024
    Average number of employees during the period 1

STRIVE FLEETWOOD CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 25,704 83,302 109,006
Disposals
Revaluations
Transfers
At 29 February 2024 25,704 83,302 109,006
Depreciation
Charge for year 8,568 16,660 25,228
On disposals
Other adjustments
At 29 February 2024 8,568 16,660 25,228
Net book value
At 29 February 2024 17,136 66,642 83,778

STRIVE FLEETWOOD CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Stocks

13 months to 29 February 2024
£
Stocks 840
Total 840

STRIVE FLEETWOOD CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Debtors

13 months to 29 February 2024
£
Other debtors 1,466
Total 1,466

STRIVE FLEETWOOD CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

6. Creditors: amounts falling due within one year note

13 months to 29 February 2024
£
Other creditors 18,653
Total 18,653

COMMUNITY INTEREST ANNUAL REPORT

STRIVE FLEETWOOD CIC

Company Number: 14652120 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

Strive Fleetwood has received 3-year funding from FCMS (Social Enterprise Community Health Care service https://www.fcms-nw.co.uk) to refurbish and re-open a former children’s centre within the school grounds of Flakefleet Primary School in Fleetwood Lancashire. Strive community hub and coffee shop opened in February 2024. We are a not-for-profit community interest company, 2 directors including the Head Teacher of Flakefleet Primary and a Local Fleetwood GP. More than just a coffee shop, its primary purpose is to improve the health and wellbeing of an area challenged with high indices of multiple deprivation. Our facility includes additional indoor community rooms and outdoor space to deliver a variety of community wrap around services. Activities at present include adult learning courses, National Citizenship information sessions, parenting classes, coaching, job fairs, exercise sessions NHS winter vaccinations, Housing advice services and craft and art clubs. We also host coffee mornings for older. We have employed a centre manager to run both the coffee shop and co ordinate our community offerings and projects. Our community project and social value impact during this year include the following: Our Aims: 1. Promote Physical Activity: Encourage children to stay active during the summer holidays by using school facilities 2. Community Cohesion: Increase community engagement by introducing more residents to Strive's offerings. 3. Bringing Families Together: Create a safe, cost-free environment for families to enjoy joint activities. 4. Co-Production: Involve local children in designing family activities. 5. Upskilling: Collaborate with volunteers to enhance their employability through training. 6. Raise Wellbeing: Improve wellbeing for both children and adults through themed workshops. Our projects : Project 1 Volunteer Training: Local volunteers have been trained as baristas, gaining food hygiene certificates and valuable job skills. Programmes like nutritional workshops helped reinforce skills and wellbeing Strive Centre Manager Steve Newsham launched a barista training programme to upskill local community members, addressing Fleetwood’s high deprivation levels. The programme recruited volunteers, including Flakefleet school parents and community members, with motivations ranging from skill-building to confidence growth. Volunteers received training, food hygiene certification, and meal vouchers while working at Strive’s coffee shop during the Summer Family Club. Upon completion, they gained job references and potential zero-hour contracts, enhancing their employability and confidence while contributing to community wellbeing. Project 2: Children's Fitness and Wellbeing – Designed through consultation with local children, workshops focused on goal setting, mindfulness, and healthy lifestyles. Sessions combined play- based learning and joint activities with adults, strengthening family bonds and supporting individual wellbeing. Project 3: Family Bootcamp – Weekly bootcamps led by PM Personal Fitness Training encouraged family bonding through physical fitness. Sessions included circuits, music, and kid-vs-adult challenges, promoting active routines. Project 4: Adult Wellbeing and Development – Nutrition and wellbeing workshops from Ultimate Health aligned with children's themes, offering practical skills in healthy eating. Joint activities fostered accountability and family engagement. For the above projects, we commissioned a social value impact report competed by Kelly Mercer from Coach and Shine and we have a full report which is available on request > In summary our value and impact from the above is as follows £ Raising wellbeing and improving health - £268K of social value Upskilling - £33K of social value Community Cohesion - £21k of social value Bringing families together – 20 Joint workshops for children and families Promoting physical activities – 176 children engaged in at least 1 sports activity Co- Production – 180 children took part in focus groups to co-produce activities they wanted to see Other impacts: - 5 people gained employment through a job fair which we hosted - Community groups raised £300 for Trinity Hospice through a prize bingo event - Children living with Autism attend our Centre every month to gain confidence, skills and independence - Our weekly women’s aid support group (Domestic Violence) meets weekly, attended by an average of 5 customers each week - 550 hours of olunteering have been completed this year - 800 Free children’s breakfast have been provided (A daily magic breakfast to ensure children have eaten before they attend school) - Flakefest musical festival 2024 – We secured £8k from the Lancashire sport and culture fund and raised a further £8k through crowd funding to deliver a festival which was attended by 1250 people in the local area. School children – 180 children attended focus group to co-produce activities they wanted to see. As a result, we attracted £7k funding to provide a summer family club for parents and children and we have completed a full impact assessment from this project. Customers – We commissioned a company called Coach and Shine to invite customers to weekly sessions to determine what they would like our delivery offer to be. We ran these sessions every Friday for 12 weeks. We then attracted community funding to deliver a variety of sessions including nutrition, reiki, personal development, learning Spanish, alternative therapies, debating classes, holistic treatments Customers – We have a friend of Srive group who meet with our centre manager who also suggest ongoing activities and ways they can become more involved. Customers we have engaged with have hosted tabletalk groups, carried out decorating, built storage facilities,erected flat pack furniture and taken a lead on Christmas activities including letters to Santa Customers – Our food and beverages offer have been steered by customer feedback to our direct questions about what meals they would like to see provided. Community groups – We have a strong social media presence and have engaged with community chat groups with large followings to engage with us and get involved. As a result, we have been able to deliver bonkers bingo sessions and provide free nappies and sanitary products for families attending the centre. Two specific groups include Larkholme Chat and the Chill lounge

Consultation with stakeholders

Stakeholders – Our centre manager is a member of the Fleetwood core leadership group and a member of the Future Fleetwood Regeneration Board. Membership includes Wyre Council, Lancashire Police, NHS, Healthier Fleetwood, Social prescribers, Local Housing Association, Fleetwood Hub. As a result of our partnership working and relationship building our stakeholder have asked us to host events for them so they can get closer to the community. We offer a community room to these organisations to use. Company Directors – Our two company directors are employed by local anchor organisations and are community leaders throughout the town and represent the community at a local and National Level. Feedback they receive, influences the services which we offer at Strive Fleetwood. Examples include offerings for volunteers, health care ( vaccinations) , activities promoting children’s mental health and family events and campaigns. As a result of our partnerships, relationships and community engagement we have secured community funding during this year including: - £8k Lancashire sport and culture Fund - £7k Active Lancashire - £1k Lancashire County Council - £500 warm spaces grant - £5k pending – National Gardening Fund

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
5 November 2024

And signed on behalf of the board by:
Name: David McPartlin
Status: Director