TURNSTYLE CIC

Company Registration Number:
15098850 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 28 August 2023

End date: 31 August 2024

TURNSTYLE CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

TURNSTYLE CIC

Directors' report period ended 31 August 2024

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

Additional information

Incorporation The company was incorporated on 28 August 2023 Small companies provision statement This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.



Directors

The directors shown below have held office during the whole of the period from
28 August 2023 to 31 August 2024

P J O'Shea
D D J Williams


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
28 January 2025

And signed on behalf of the board by:
Name: P J O'Shea
Status: Director

TURNSTYLE CIC

Balance sheet

As at 31 August 2024

Notes 2024


£
Fixed assets
Tangible assets: 3 202
Total fixed assets: 202
Current assets
Cash at bank and in hand: 18,762
Total current assets: 18,762
Creditors: amounts falling due within one year: 4 ( 15,332 )
Net current assets (liabilities): 3,430
Total assets less current liabilities: 3,632
Total net assets (liabilities): 3,632
Capital and reserves
Called up share capital: 2
Profit and loss account: 3,630
Total Shareholders' funds: 3,632

The notes form part of these financial statements

TURNSTYLE CIC

Balance sheet statements

For the year ending 31 August 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 28 January 2025
and signed on behalf of the board by:

Name: P J O'Shea
Status: Director

The notes form part of these financial statements

TURNSTYLE CIC

Notes to the Financial Statements

for the Period Ended 31 August 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 comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts. The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation Depreciation Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: - Plant & Machinary - 25% Reducing balance

    Other accounting policies

    Basis of preparation These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The financial statements have been prepared on a going concern basis. Tax The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. Trade debtors Short term debtors are measured at transaction price, less any impairment. Cash and cash equivalents Cash is represented by cash in hand and bank deposits. Trade creditors Short term creditors are measured at the transaction price. Provisions Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation. Employee benefits Short-term employee benefits are recognised as an expense in the period which they are incurred. Financial instruments The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

TURNSTYLE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024
    Average number of employees during the period 2

TURNSTYLE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 269 269
Disposals
Revaluations
Transfers
At 31 August 2024 269 269
Depreciation
Charge for year 67 67
On disposals
Other adjustments
At 31 August 2024 67 67
Net book value
At 31 August 2024 202 202

TURNSTYLE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due within one year note

2024
£
Taxation and social security 1,126
Accruals and deferred income 2,048
Other creditors 12,158
Total 15,332

COMMUNITY INTEREST ANNUAL REPORT

TURNSTYLE CIC

Company Number: 15098850 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Over the past financial year, Turnstyle CIC has expanded its reach and deepened its impact, delivering trauma-informed, lived-experience-based programs that empower young people facing significant challenges. Through a combination of mentorship, participative debate, and combat sports, we have provided structured interventions that address issues such as youth violence, mental health struggles, and school disengagement. Our programs have been implemented across multiple schools and community settings, including Alderwood, Bohunt, Rowhill, and other key institutions, supporting young people at risk of exclusion, gang involvement, and serious youth violence. We have also worked closely with local authorities, youth offending teams, and social services to ensure young people receive holistic and sustainable support. Key Activities and Achievements 1. School-Based Interventions: - Delivered over 50 tailored programs designed to engage vulnerable young people, combining combat sports with personal development. - Successfully reintegrated students back into mainstream education by equipping them with resilience and conflict-resolution skills. - Addressed key concerns such as knife crime, peer pressure, and the dangers of serious youth violence. 2. Fighting Chance Program Expansion: - Supported 150+ students in managing behavioural issues, reducing anxiety, and increasing self-confidence. - Helped young people disengage from negative influences and make better choices for their future. 3. Healthy Living Program: - Focused on nutrition, well-being, and mental health, providing students with practical tools to improve lifestyle choices. - Partnered with local sports clubs and housing organizations to facilitate access to extracurricular activities for low-income families. 4. Community Partnerships & Recognition: - Awarded the High Sheriff of Hampshire’s Award for Community Service and the Premier League Community Captain Award for outstanding youth work. - Strengthened partnerships with Vivid Housing, South Western Railway, local councils, and Hampshire Police, increasing our ability to provide long-term support for young people. 5. Reducing Anti-Social Behaviour & Youth Crime: - Data from partner schools and agencies indicate a noticeable reduction in aggressive incidents and exclusions among participants. - Raised awareness around one-punch injuries, knife crime, and county lines risks through structured educational sessions. Community Benefit and Long-Term Impact Turnstyle CIC has directly enhanced community well-being by providing safe, structured interventions that prevent young people from engaging in anti-social behaviour and violence. By integrating mentorship, education, and physical activity, we have: - Helped young people develop self-discipline, confidence, and better decision-making skills. - Provided alternative pathways to exclusion and criminality, ensuring that young people remain engaged in positive environments. - Supported families and schools by improving behaviour, attendance, and social engagement. As we look ahead, our focus remains on scaling our impact, securing sustainable funding, and reaching more young people in need. Turnstyle CIC continues to evolve, ensuring that our services remain relevant, evidence-based, and truly transformative for the communities we serve.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £31,547. 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
17 February 2025

And signed on behalf of the board by:
Name: Peter James O'Shea
Status: Director