for the Period Ended 30 September 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 September 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
5 September 2023
to
30 September 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
13 months to 30 September 2024 | ||
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£ |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
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Other operating income: |
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Operating profit(or loss): |
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Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 13 months to 30 September 2024 | ||
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£ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 4 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 5 |
(
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Provision for liabilities: |
(
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Accruals and deferred income: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 September 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 September 2024
13 months to 30 September 2024 | ||
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Average number of employees during the period |
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for the Period Ended 30 September 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 September 2024 |
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Depreciation | ||||||
Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 30 September 2024 |
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Net book value | ||||||
At 30 September 2024 |
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for the Period Ended 30 September 2024
13 months to 30 September 2024 | ||
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£ | ||
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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Debtors due after more than one year: |
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for the Period Ended 30 September 2024
13 months to 30 September 2024 | ||
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£ | ||
Other creditors |
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Total |
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Titans Basketball Club has continued to play a vital role in promoting physical activity, community engagement, and personal development across Cornwall during the financial year. The club has provided regular basketball sessions, training, games, competitions, and leagues for people of all ages, abilities, and genders, with a strong emphasis on inclusivity and community benefit. Over the past 12 months, Titans has reached approximately 400 individuals, offering opportunities for fun, fitness, and skill development. The club has been instrumental in setting up basketball sessions in several areas of Cornwall where there was previously little or no provision, ensuring both young people and adults can access the sport locally. To strengthen the basketball community, Titans has developed digital platforms on social media to share information about sessions, events, and opportunities, enhancing communication among players, teams, schools, and clubs throughout the region. Further impact has been made through training initiatives, where players and parents have been supported to gain coaching and refereeing qualifications, increasing the capacity to deliver more sessions across more locations. Titans has also established local leagues, tournaments, and competitions tailored to various age groups and ability levels, promoting regular participation and development. The club continues to build strong partnerships with schools and colleges to create clear pathways for players to progress and stay involved in the sport. By encouraging regular exercise, healthy eating, and mental well-being through basketball, Titans Basketball Club is fostering a healthier, more active community across Cornwall.
Titans Basketball Club engages actively with its stakeholders, which include players, parents, coaches, volunteers, schools, local partners, and community members across Cornwall. The club is governed by a dedicated committee that meets regularly to discuss matters affecting the club’s operations, development, and wider impact. Stakeholders are encouraged to express their opinions freely and contribute to the ongoing development of the club. Opportunities for consultation include open discussions with committee members, regular communication channels such as email and social media, and direct feedback during sessions and events. Additionally, key decisions that impact the players or direction of the club are often put to a vote, ensuring that stakeholders have a direct voice in shaping the club's future. This collaborative approach has led to several positive actions, such as: The introduction of new sessions and locations based on demand from local communities. The creation of more inclusive opportunities for beginners and younger players. Adjustments to session scheduling and structure in response to parent and player feedback. Development of training pathways for those interested in coaching or refereeing. Strengthening of ties with schools and colleges to ensure smooth progression for young athletes. By maintaining an open, inclusive, and democratic structure, Titans ensures that its activities reflect the needs and aspirations of the communities it serves, while fostering a strong sense of ownership and engagement among all involved
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
11 April 2025
And signed on behalf of the board by:
Name: Peter Masters
Status: Director