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Company limited by guarantee

Company Registration Number:
09608732 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

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Contents of the Financial Statements

for the Period Ended 31 May 2024

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

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Directors' report period ended 31 May 2024

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

Principal activities of the company

Community Interest Company



Directors

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

Lee Wray
Noreen Fraser
Kerry Lovely
Martin Wray
K Paul
A Trollope


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
25 February 2025

And signed on behalf of the board by:
Name: Lee Wray
Status: Director

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Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 200,948 163,790
Gross profit(or loss): 200,948 163,790
Administrative expenses: ( 182,756 ) ( 169,499 )
Other operating income: 498
Operating profit(or loss): 18,690 (5,709)
Profit(or loss) before tax: 18,690 (5,709)
Tax: ( 80 )
Profit(or loss) for the financial year: 18,610 (5,709)

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Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 10,072 5,144
Total fixed assets: 10,072 5,144
Current assets
Cash at bank and in hand: 40,168 21,177
Total current assets: 40,168 21,177
Net current assets (liabilities): 40,168 21,177
Total assets less current liabilities: 50,240 26,321
Creditors: amounts falling due after more than one year: 4 ( 11,646 ) ( 6,337 )
Total net assets (liabilities): 38,594 19,984
Members' funds
Profit and loss account: 38,594 19,984
Total members' funds: 38,594 19,984

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 May 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 25 February 2025
and signed on behalf of the board by:

Name: Lee Wray
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 May 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 measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: The Company has transferred to the buyer the significant risks and rewards of ownership of the goods; The Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; The amount of revenue can be measured reliably; It is probable that the economic benefits associated with the transaction will flow to the Company; and The costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

    Tangible fixed assets depreciation policy

    Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life: Motor Vehicles - 20% Over Term of Lease

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Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 6

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Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 16,752 16,752
Additions 12,590 12,590
Disposals ( 5,144 ) ( 5,144 )
Revaluations
Transfers
At 31 May 2024 24,198 24,198
Depreciation
At 1 June 2023 11,608 11,608
Charge for year 2,518 2,518
On disposals
Other adjustments
At 31 May 2024 14,126 14,126
Net book value
At 31 May 2024 10,072 10,072
At 31 May 2023 5,144 5,144

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Notes to the Financial Statements

for the Period Ended 31 May 2024

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

2024 2023
£ £
Other creditors 11,646 6,337
Total 11,646 6,337

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 09608732 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

The Company continued its operations creating opportunities for Adults with learning disabilities and Dementia Care. The number of people who have benefitted from our activities has increased as has the range of activities we offer. Since August 2023 Opertations have been relocated to a site next to All Saints Comminity Centre, Ethel Street South Shields follwing to closure of the Chuter Ede CIO site. There is growth in cooperation between a number of agencies in the community and Social Engagement continues to grow The Company was awarded Change4Life Quality standard from the Local Authority.

Consultation with stakeholders

The Company continues to consult with all stakeholders. This includesd not only engaging with service users but also the Local Authority, Shared Lives, Change4Life, Healthnet and Residential Care Homes.

Directors' remuneration

Lee Wray £36000

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 February 2025

And signed on behalf of the board by:
Name: Lee Wray
Status: Director