NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
06735781 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Directors' report period ended 30 June 2024

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

Principal activities of the company

In this financial year we have: - continued to organise sport, play and youth club sessions per week, plus holiday activities, for children and young people aged 8 to 19; - continued to deliver the WF Happy Healthy Holiday programme in school holidays to keep children and young people active by providing activities and food for children in Reception class to year 11; - provided access to IT facilities for people who are looking for work and/or training; - supported the community group of local residents from the College Grove/Pinderfields area and hosted the Police and Community Together meetings; - developed and delivered awareness raising activities around race equality and community cohesion; - run the ‘’Friends of Stanley Royd Playing Fields’ group to support and maintain the playing fields and outdoor area for our sessions and community activities; - represented the community in a number of networks and partnerships (e.g., Young Lives VCS consortium, NOVA VCS Consortium); - managed our local leisure facility, Lightwaves, following a Community Asset Transfer, and led Lightwaves Community Trust. - Supported our community with helping organise and run a community pantry. Our activities have benefited the children, young people, parents and residents of the Pinderfields/College Grove area of Wakefield in particular, and the wider Wakefield youth and sport communities by: - offering free/affordable opportunities to participate in a wide range of health, sport, play, art & social activities; - advocating and supporting the needs and wishes of those communities; - improving the maintenance and safety of local playing fields and outdoor area: - promoting equality and community cohesion; - maintaining the provision of a leisure & community centre. We work in a very diverse community, with people from a wide range of countries and cultures. Many of the (young) people we work with have a BME and/or disadvantaged background.



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Mohammed Ayub
ilonka van Rijn
Saighar Hussain


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 March 2025

And signed on behalf of the board by:
Name: Mohammed Ayub
Status: Director

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 191,959 174,617
Gross profit(or loss): 191,959 174,617
Administrative expenses: ( 183,700 ) ( 169,120 )
Operating profit(or loss): 8,259 5,497
Interest receivable and similar income: 2,031 728
Profit(or loss) before tax: 10,290 6,225
Tax: ( 1,963 ) ( 1,191 )
Profit(or loss) for the financial year: 8,327 5,034

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 11,250 1,524
Total fixed assets: 11,250 1,524
Current assets
Stocks: 4 1,170 1,672
Debtors: 5 36,146 39,887
Cash at bank and in hand: 160,229 159,937
Total current assets: 197,545 201,496
Creditors: amounts falling due within one year: 6 ( 68,692 ) ( 73,382 )
Net current assets (liabilities): 128,853 128,114
Total assets less current liabilities: 140,103 129,638
Provision for liabilities: ( 2,138 ) 0
Total net assets (liabilities): 137,965 129,638
Members' funds
Profit and loss account: 137,965 129,638
Total members' funds: 137,965 129,638

The notes form part of these financial statements

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 June 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 March 2025
and signed on behalf of the board by:

Name: Mohammed Ayub
Status: Director

The notes form part of these financial statements

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 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

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 6

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 3,170 2,929 0 6,099
Additions 0 0 15,000 15,000
Disposals
Revaluations
Transfers
At 30 June 2024 3,170 2,929 15,000 21,099
Depreciation
At 1 July 2023 2,379 2,196 0 4,575
Charge for year 791 733 3,750 5,274
On disposals
Other adjustments
At 30 June 2024 3,170 2,929 3,750 9,849
Net book value
At 30 June 2024 0 0 11,250 11,250
At 30 June 2023 791 733 0 1,524

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Stocks

2024 2023
£ £
Stocks 1,170 1,672
Total 1,170 1,672

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors

2024 2023
£ £
Trade debtors 19,823 18,862
Prepayments and accrued income 3,398 2,275
Other debtors 12,925 18,750
Total 36,146 39,887

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 3,756 6,109
Taxation and social security 0 2,385
Accruals and deferred income 64,936 64,888
Total 68,692 73,382

COMMUNITY INTEREST ANNUAL REPORT

NEXT GENERATION WAKEFIELD COMMUNITY INTEREST COMPANY

Company Number: 06735781 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

In this financial year we have: - continued to organise sport, play and youth club sessions per week, plus holiday activities, for children and young people aged 8 to 19; - continued to deliver the WF Happy Healthy Holiday programme in school holidays to keep children and young people active by providing activities and food for children in Reception class to year 11; - provided access to IT facilities for people who are looking for work and/or training; - supported the community group of local residents from the College Grove/Pinderfields area and hosted the Police and Community Together meetings; - developed and delivered awareness raising activities around race equality and community cohesion; - run the ‘’Friends of Stanley Royd Playing Fields’ group to support and maintain the playing fields and outdoor area for our sessions and community activities; - represented the community in a number of networks and partnerships (e.g., Young Lives VCS consortium, NOVA VCS Consortium); - managed our local leisure facility, Lightwaves, following a Community Asset Transfer, and led Lightwaves Community Trust. - Supported our community with helping organise and run a community pantry. Our activities have benefited the children, young people, parents and residents of the Pinderfields/College Grove area of Wakefield in particular, and the wider Wakefield youth and sport communities by: - offering free/affordable opportunities to participate in a wide range of health, sport, play, art & social activities; - advocating and supporting the needs and wishes of those communities; - improving the maintenance and safety of local playing fields and outdoor area: - promoting equality and community cohesion; - maintaining the provision of a leisure & community centre. We work in a very diverse community, with people from a wide range of countries and cultures. Many of the (young) people we work with have a BME and/or disadvantaged background.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total remuneration received by directors was £47,765

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 March 2025

And signed on behalf of the board by:
Name: Mohammed Ayub
Status: Director