360 DEGREE SPORTS COACHING CIC

Company limited by guarantee

Company Registration Number:
11219275 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

360 DEGREE SPORTS COACHING CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

360 DEGREE SPORTS COACHING CIC

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

The company's principal activities continues to be that of other sports activities.



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Jack Westmancott
Ryan Hinton
Leigh Downton
Marc Westmancott


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
3 December 2024

And signed on behalf of the board by:
Name: Jack Westmancott
Status: Director

360 DEGREE SPORTS COACHING CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 0 294,011
Cost of sales: 0 ( 180,325 )
Gross profit(or loss): 0 113,686
Administrative expenses: ( 3,875 ) ( 119,271 )
Operating profit(or loss): (3,875) (5,585)
Interest payable and similar charges: ( 478 ) ( 263 )
Profit(or loss) before tax: (4,353) (5,848)
Profit(or loss) for the financial year: (4,353) (5,848)

360 DEGREE SPORTS COACHING CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 8,820 11,760
Total fixed assets: 8,820 11,760
Current assets
Debtors: 4 0 248
Cash at bank and in hand: 482 65
Total current assets: 482 313
Creditors: amounts falling due within one year: 5 ( 11,075 ) ( 8,587 )
Net current assets (liabilities): (10,593) (8,274)
Total assets less current liabilities: (1,773) 3,486
Creditors: amounts falling due after more than one year: 6 ( 6,092 ) ( 6,998 )
Total net assets (liabilities): (7,865) (3,512)
Members' funds
Profit and loss account: (7,865) ( 3,512)
Total members' funds: ( 7,865) (3,512)

The notes form part of these financial statements

360 DEGREE SPORTS COACHING CIC

Balance sheet statements

For the year ending 31 March 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 3 December 2024
and signed on behalf of the board by:

Name: Jack Westmancott
Status: Director

The notes form part of these financial statements

360 DEGREE SPORTS COACHING CIC

Notes to the Financial Statements

for the Period Ended 31 March 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 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: Motor vehicles: 25% RB Fixtures & Fittings: 25% RB Computer equipment: 25% RB

    Other accounting policies

    Other operating income in 2024: £nil (2023: £152,271) relates to Hampshire Country Council grant income.

360 DEGREE SPORTS COACHING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

360 DEGREE SPORTS COACHING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 2,313 900 18,950 22,163
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 2,313 900 18,950 22,163
Depreciation
At 1 April 2023 1,592 520 8,291 10,403
Charge for year 180 95 2,665 2,940
On disposals
Other adjustments
At 31 March 2024 1,772 615 10,956 13,343
Net book value
At 31 March 2024 541 285 7,994 8,820
At 31 March 2023 721 380 10,659 11,760

360 DEGREE SPORTS COACHING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Other debtors 0 248
Total 0 248

360 DEGREE SPORTS COACHING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 2,987 2,724
Taxation and social security 1,947 1,750
Accruals and deferred income 550 840
Other creditors 5,591 3,273
Total 11,075 8,587

360 DEGREE SPORTS COACHING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

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

2024 2023
£ £
Bank loans and overdrafts 6,092 6,998
Total 6,092 6,998

COMMUNITY INTEREST ANNUAL REPORT

360 DEGREE SPORTS COACHING CIC

Company Number: 11219275 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

360 Degree Sports Coaching CIC have continued to provide services to schools across Hampshire, supporting children and families with childcare but also with vital support networks. We have supported families with food provision and contacts to many external agencies. We continue to provide high quality services in Hampshire during the school holidays and deliver on the HAF programme for children who receive FSM. We have expanded our provision and now delivering in more vulnerable areas across Hampshire meaning we are supporting even more children and families.

Consultation with stakeholders

We have gathered lots of feedback from our families and organisations about how we can develop and improve our provision and services. We have received a few hundred responses over the last 12 months which has helped shape our direction and our offering.

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
3 December 2024

And signed on behalf of the board by:
Name: Jack Westmancott
Status: Director