for the Period Ended 30 June 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 June 2024
Principal activities of the company
Additional information
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
1 July 2023
to
30 June 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
2024 | 2023 | |
---|---|---|
|
£ |
£ |
Turnover: |
|
|
Cost of sales: |
(
|
(
|
Gross profit(or loss): |
|
|
Administrative expenses: |
(
|
(
|
Other operating income: |
|
|
Operating profit(or loss): |
|
|
Interest payable and similar charges: |
(
|
(
|
Profit(or loss) before tax: |
|
|
Tax: |
(
|
(
|
Profit(or loss) for the financial year: |
|
|
As at
Notes | 2024 | 2023 | |
---|---|---|---|
|
£ |
£ |
|
Fixed assets | |||
Tangible assets: | 3 |
|
|
Total fixed assets: |
|
|
|
Current assets | |||
Debtors: | 4 |
|
|
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 5 |
(
|
(
|
Net current assets (liabilities): |
|
|
|
Total assets less current liabilities: |
|
|
|
Creditors: amounts falling due after more than one year: | 6 |
(
|
(
|
Total net assets (liabilities): |
|
|
|
Capital and reserves | |||
Called up share capital: |
|
|
|
Profit and loss account: |
|
|
|
Total Shareholders' funds: |
|
|
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 June 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 June 2024
2024 | 2023 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 30 June 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 July 2023 |
|
|
|
|
||
Additions |
|
|
||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 June 2024 |
|
|
|
|
||
Depreciation | ||||||
At 1 July 2023 |
|
|
|
|
||
Charge for year |
|
|
|
|
||
On disposals | ||||||
Other adjustments | ||||||
At 30 June 2024 |
|
|
|
|
||
Net book value | ||||||
At 30 June 2024 |
|
|
|
|
||
At 30 June 2023 |
|
|
|
|
for the Period Ended 30 June 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Trade debtors |
|
|
Other debtors |
|
|
Total |
|
|
for the Period Ended 30 June 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
Total |
|
|
for the Period Ended 30 June 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
|
|
Total |
|
|
From Neglect to Empowerment Another Year of Reddo Supporting Vulnerable Families Reddo, a non-profit organization founded in 20 I 0, has recognized a growing imperative to assist families and individuals grappling with special educational needs and challenging behaviours. Over the years, we’ve discerned a distressing pattern of recurring neglect and abuse permeating generations and local communities. This entrenched cycle stifles community & individual growth, and our mission is to break its hold. Our intervention stands as a cornerstone of community support, aiding local authorities, families, and individuals by fostering an understanding of emotional and mental behaviours. We underscore the importance of family stability and the implementation of systems to address societal lack of operational efficiencies. Collaborating closely with local authorities, we’ve provided vital support to some of our community's most vulnerable members. In the past year alone, Reddo has extended assistance to nearly 400 families and children across 10 boroughs, totalling 40,000 hours of support through 9,600 visits, all thanks to our dedicated team of 70 exemplary staff and carers. Our efforts have centered on empowering parents and foster carers confronted with children exhibiting challenging behaviors, including substance abuse, eating disorders, autism and complex cases. Additionally, we’ve offered logistical aid, such as transportation and educational support. Reddo equips carers with tools and guidance to navigate a variety of demanding circumstances. Notably, our team triumphed in a particularly complex case involving a young individual prone to erratic and harmful behavior. The young individual, when out in the community with his foster carers would run away and touch other people inappropriately. He would also threaten others with dangerous objects wanting to cause harm. Through unwavering dedication and the establishment of trust, we successfully steered the individual away from dangerous actions integrating them into the community and providing much-needed relief to their guardians. Integral to our approach is the seamless integration of individuals into society, safeguarding both their well-being and that of the broader community. We recognize the paramount importance of assisting those with mental health issues or challenging behaviours to prevent harm to themselves or others. Furthermore, our support extends to ensuring uninterrupted education for children facing challenges attending school. By ensuring their safe transit to and from school and aiding them in keeping up with their studies, we bolster their prospects for a successful future while offering crucial assistance to families, and in turn benefiting the wider society. Local authorities and social workers entrust Reddo to navigate both straightforward and intricate cases, ensuring the welfare of children and serving as vigilant extensions of social services. In a recent instance, our trained carer astutely identified signs of mental health issues in a child we were assisting with schooling attendance, prompting additional assessments, and leading to a tailored approach for their reintegration into the community. The work of Reddo is indispensable in fortifying our communities, particularly in the face of mounting challenges, including a surge in special needs cases, dwindling resources, and inadequate investment in support systems. Our guiding principle, "break the cycle of neglect," underscores our commitment to a comprehensive, child-centric approach bolstered by ongoing training, research, and tech enhancements.
The company main stakeholder is Sophie Dobran. Sophie is very involved with Reddo and has weekly calls with managers and director. Total dividends of £39,333 were paid out and the remaining profits are reinvested into the company.
The aggregate amount of emoluments paid to directors in respect of qualifying services was £11,538. 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.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
26 March 2025
And signed on behalf of the board by:
Name: Georges DEBBAS
Status: Director