SPORTING CHANCE NORTH EAST C.I.C.

Company limited by guarantee

Company Registration Number:
10408012 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

SPORTING CHANCE NORTH EAST C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SPORTING CHANCE NORTH EAST C.I.C.

Directors' report period ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Directors

The director shown below has held office during the whole of the period from
1 November 2022 to 31 October 2023

J Cairns


The directors shown below have held office during the period of
1 November 2022 to 1 July 2023

Jordon Cairns
Siobhan Cairns
Christopher Gartland
Lee Moore
Carlene Robson


The directors shown below have held office during the period of
1 July 2023 to 31 October 2023

Neil Cameron
Malcolm Donald
Dawn Hodgkins
Chris Hodgson
Poppy Hope
Connor Peebles


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
29 January 2025

And signed on behalf of the board by:
Name: J Cairns
Status: Director

SPORTING CHANCE NORTH EAST C.I.C.

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 19,142 490
Total fixed assets: 19,142 490
Current assets
Cash at bank and in hand: 3,190 8,949
Total current assets: 3,190 8,949
Creditors: amounts falling due within one year: 4 ( 22,151 ) ( 813 )
Net current assets (liabilities): (18,961) 8,136
Total assets less current liabilities: 181 8,626
Total net assets (liabilities): 181 8,626
Members' funds
Profit and loss account: 181 8,626
Total members' funds: 181 8,626

The notes form part of these financial statements

SPORTING CHANCE NORTH EAST C.I.C.

Balance sheet statements

For the year ending 31 October 2023 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 29 January 2025
and signed on behalf of the board by:

Name: J Cairns
Status: Director

The notes form part of these financial statements

SPORTING CHANCE NORTH EAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 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

SPORTING CHANCE NORTH EAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 7 7

SPORTING CHANCE NORTH EAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 0 1,079 1,079
Additions 25,000 25,000
Disposals
Revaluations
Transfers
At 31 October 2023 25,000 1,079 26,079
Depreciation
At 1 November 2022 0 589 589
Charge for year 6,250 98 6,348
On disposals
Other adjustments
At 31 October 2023 6,250 687 6,937
Net book value
At 31 October 2023 18,750 392 19,142
At 31 October 2022 0 490 490

SPORTING CHANCE NORTH EAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Amounts due under finance leases and hire purchase contracts 21,251 0
Accruals and deferred income 900 813
Total 22,151 813

COMMUNITY INTEREST ANNUAL REPORT

SPORTING CHANCE NORTH EAST C.I.C.

Company Number: 10408012 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

The company runs vocational alternative education for the city of Newcastle. It uses the power of sport and fitness to target the most deprived people of the west end. The business was created in 2016 after a number of community organisations started to cease, due to funding. We have benefitted the community in many ways through our programmes. Such as; - Over 100 young people (under 25) have been able to access education. - Over 100 young people have achieved a formal qualification - We have worked with 30 people with mental health issues, who now feel more confidant on able to recover - We have worked with 40 people with a disability who typically have not done any physical activity.

Consultation with stakeholders

The company’s stakeholders include members of our community who access our provision such as; - Pre 16 children - Post 16 young adults - Children with disabilities - Adults with disabilities - People suffering with mental health issues. Before anyone accesses our programmes, they must fill in a short questionnaire (PAR-Q) this captures vital information regarding their health and lifestyle choices. It also includes setting SMART targets (which is a tool to measure progress) this is set with both the stakeholder and our staff to see what they would like out of our programme but also how they will achieve this. We then revisit these SMART targets every 4 weeks during a review. This is to make sure the stakeholder is on track, happy and motivated. During this review we ask what they would like to see us improve on and or what services they would like us to provide. Because of these reviews, we have been able to improve our programmes and make them more beneficiary led.

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
29 January 2025

And signed on behalf of the board by:
Name: J Cairns
Status: Director