FRESH IDEAS & SOLUTIONS CIC

Company limited by guarantee

Company Registration Number:
07758184 (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

FRESH IDEAS & SOLUTIONS CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

FRESH IDEAS & SOLUTIONS CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 162,469 62,830
Total current assets: 162,469 62,830
Creditors: amounts falling due within one year: 3 ( 40,366 )
Net current assets (liabilities): 162,469 22,464
Total assets less current liabilities: 162,469 22,464
Creditors: amounts falling due after more than one year: 4 ( 154,833 )
Total net assets (liabilities): 7,636 22,464
Members' funds
Profit and loss account: 7,636 22,464
Total members' funds: 7,636 22,464

The notes form part of these financial statements

FRESH IDEAS & SOLUTIONS 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.

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 30 December 2024
and signed on behalf of the board by:

Name: Harun Blissett
Status: Director

The notes form part of these financial statements

FRESH IDEAS & SOLUTIONS 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

FRESH IDEAS & SOLUTIONS 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

FRESH IDEAS & SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Creditors: amounts falling due within one year note

  2023
  £
Other creditors 40,366
Total   40,366

FRESH IDEAS & SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

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

2024
£
Other creditors 154,833
Total 154,833

COMMUNITY INTEREST ANNUAL REPORT

FRESH IDEAS & SOLUTIONS CIC

Company Number: 07758184 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Fresh Ideas & Solutions is a community interest company was established in 2011. The Company's aim is to assist local vulnerable people in the community of all ages with different degrees of disabilities to manage their own personal budgets and direct payments to support to meet their outcomes. Our vision is to enable local residents in the community to have more choice, control and freedom in their life to arrange their own support and attain their goals and aspirations. During the financial year to 31st March 2024: Fresh Ideas have benefited the community in the following ways: Assisting local residents to better understand Personal Budgets and the development of Support Plans enabling them to choose the right activities to meet their needs and to satisfy the requirements of the Local Authority. Employment Support: At Fresh Ideas we understand how daunting it could be for individuals to be left with the responsibility and risk of being an employer and we have supported customers on how to be a good employer to manage their employment issues and work within the law. Managing payroll: Understanding all the information individual's need to supply to the HMRC can be very daunting we have supported our customers to take the stress out of running their payroll by: registering them with the HMRC producing payslips producing RTIs - to meet HMRC requirements giving our customers peace of mind. Employing personal assistants (PA): We have supported our customers to source, interview and to develop all the necessary paperwork to recruit the PAs. Training: We have provided Support Planning and Direct payment training to our customers to enable them to write their own support plans and understand what they need to do to be 'good employers'.

Consultation with stakeholders

The Stakeholders of the company are our customers. When we receive a referral for a new customer, we make a home visit to tell them about our service. At these home visits the customers get clarification on any aspect of the service and we take time to deal with any of their queries. We offer a personalised service to our customers and make regular follow-up home visits to seek customer's views on how they feel the service is going. From a recent telephone survey, the feedback received from the customers is that they find our service "very reliable and responsive." The customers like our 'personal touch' service they receive and the fact that we always deal with their queries in a quick and efficient manner . We have been getting referrals from customers who have referred us to their friends .

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £20,670. 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
30 December 2024

And signed on behalf of the board by:
Name: Harun Blissett
Status: Director