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Company limited by guarantee

Company Registration Number:
12548813 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

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Contents of the Financial Statements

for the Period Ended 30 April 2024

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

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Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

Principal Activity: The principal activity of the company in the year under review was that of providing Housing Support and Healthcare services



Directors

The director shown below has held office during the whole of the period from
1 May 2023 to 30 April 2024

Fadzo Gumbura


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
24 January 2025

And signed on behalf of the board by:
Name: Fadzo Gumbura
Status: Director

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Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 1,434,848 958,362
Cost of sales: ( 927,924 ) ( 650,088 )
Gross profit(or loss): 506,924 308,274
Administrative expenses: ( 355,166 ) ( 229,478 )
Operating profit(or loss): 151,758 78,796
Profit(or loss) before tax: 151,758 78,796
Tax: ( 28,834 ) ( 14,971 )
Profit(or loss) for the financial year: 122,924 63,825

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Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 134,800 134,800
Tangible assets: 4 8,634 9,896
Total fixed assets: 143,434 144,696
Current assets
Debtors: 5 90,786
Cash at bank and in hand: 68,762 43,443
Total current assets: 159,548 43,443
Creditors: amounts falling due within one year: 6 ( 27,715 ) ( 38,021 )
Net current assets (liabilities): 131,833 5,422
Total assets less current liabilities: 275,267 150,118
Creditors: amounts falling due after more than one year: 7 ( 80,011 ) ( 77,786 )
Total net assets (liabilities): 195,256 72,332
Members' funds
Profit and loss account: 195,256 72,332
Total members' funds: 195,256 72,332

The notes form part of these financial statements

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Balance sheet statements

For the year ending 30 April 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 24 January 2025
and signed on behalf of the board by:

Name: Fadzo Gumbura
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 30 April 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 recognized at the fair value of the consideration received or receivable for goods and service provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. Grants towards services are recognized using the performance model. These grants are recognized only when the performance related conditions are met. Grants received before the revenue recognition criteria are met are recognized as a liability. Rents received are included within turnover, net of VAT, and are recognized on a time appointment basis over the term of the lease.

    Tangible fixed assets depreciation policy

    Tangible fixed assets - Leasehold improvements, computers and other equipment purchased for specific projects are treated as revenue expenditure at the date the cost is incurred. Other assets with a value greater than £2,000 are capitalised under the historic cost basis and depreciated to write off the cost of the assets over estimated useful lives.

    Intangible fixed assets amortisation policy

    Intangible fixed assets - Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.

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Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

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Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 May 2023 142,000 142,000
Additions
Disposals
Revaluations
Transfers
At 30 April 2024 142,000 142,000
Amortisation
At 1 May 2023 7,200 7,200
Charge for year
On disposals
Other adjustments
At 30 April 2024 7,200 7,200
Net book value
At 30 April 2024 134,800 134,800
At 30 April 2023 134,800 134,800

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Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 17,583 17,583
Additions 1,070 1,070
Disposals
Revaluations
Transfers
At 30 April 2024 18,653 18,653
Depreciation
At 1 May 2023 7,687 7,687
Charge for year 2,332 2,332
On disposals
Other adjustments
At 30 April 2024 10,019 10,019
Net book value
At 30 April 2024 8,634 8,634
At 30 April 2023 9,896 9,896

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Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors

2024 2023
£ £
Trade debtors 90,786
Total 90,786

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Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 25,615 36,971
Other creditors 2,100 1,050
Total 27,715 38,021

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Notes to the Financial Statements

for the Period Ended 30 April 2024

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

2024 2023
£ £
Other creditors 80,011 77,786
Total 80,011 77,786

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 12548813 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Our service provides residential and support services for vulnerable single men and women aged 18 and over who were rough sleeping, vulnerably housed, homeless or at risk of becoming homeless who may have had a mental health issue, addiction or offending history. The accommodation was provided for individuals with support needs who were willing to engage with us or other providers and appropriate agencies in order to address their support needs as part of the support planning process. Providing our services during the COVID pandemic was particularly challenging as our client group were especially vulnerable to COVID. We believe our service served lives by providing accommodation and support during the COVID times. Our service provision has increased in growth which means more vulnerable people were accommodated and supported by our service than the previous year. The service we provide enables those individuals to have some stability to sort out their life and find a rightful pathway to enable independent living.

Consultation with stakeholders

Consultations continue to take place with service users, local authorities, existing providers from the health and social care services from public and voluntary care services. The feedback from the consultations informed us how to shape the delivery of our service in order to meet the needs of our service users. Our clients are very grateful of the opportunity to steer their life in a different, positive direction again.

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
24 January 2025

And signed on behalf of the board by:
Name: Fadzo Gumbura
Status: Director