ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Company Registration Number:
10738975 (England and Wales)

Unaudited statutory accounts for the year ended 29 April 2024

Period of accounts

Start date: 30 April 2023

End date: 29 April 2024

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 29 April 2024

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

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Directors' report period ended 29 April 2024

The directors present their report with the financial statements of the company for the period ended 29 April 2024

Directors

The directors shown below have held office during the whole of the period from
30 April 2023 to 29 April 2024

Gary Hamilton
John Clifford
Steven James


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
29 April 2025

And signed on behalf of the board by:
Name: Gary Hamilton
Status: Director

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Balance sheet

As at 29 April 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 22,333 26,333
Tangible assets: 4 18,269 11,370
Investments:   0 0
Total fixed assets: 40,602 37,703
Current assets
Stocks: 5 10,091 6,000
Debtors: 6 0 20,799
Cash at bank and in hand: 23,359 69,883
Investments:   0 0
Total current assets: 33,450 96,682
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 45,116 ) ( 99,088 )
Net current assets (liabilities): (11,666) (2,406)
Total assets less current liabilities: 28,936 35,297
Creditors: amounts falling due after more than one year: 8 ( 24,100 ) ( 32,088 )
Provision for liabilities: 0 0
Accruals and deferred income: ( 1,500 ) ( 1,500 )
Total net assets (liabilities): 3,336 1,709
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 3,236 1,609
Total Shareholders' funds: 3,336 1,709

The notes form part of these financial statements

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 29 April 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 29 April 2025
and signed on behalf of the board by:

Name: Gary Hamilton
Status: Director

The notes form part of these financial statements

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and Machinery over 4 years Motor Vehicles over 4 years on a reducing balance basis

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 4

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 April 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 30 April 2023 40,000 0 40,000
Additions 0 0 0
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 29 April 2024 40,000 0 40,000
Amortisation
At 30 April 2023 13,667 0 13,667
Charge for year 4,000 0 4,000
On disposals 0 0 0
Other adjustments 0 0 0
At 29 April 2024 17,667 0 17,667
Net book value
At 29 April 2024 22,333 0 22,333
At 29 April 2023 26,333 0 26,333

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 April 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 30 April 2023 25,645 0 25,645
Additions 6,800 5,000 11,800
Disposals
Revaluations
Transfers
At 29 April 2024 32,445 5,000 37,445
Depreciation
At 30 April 2023 14,275 0 14,275
Charge for year 3,963 938 4,901
On disposals
Other adjustments
At 29 April 2024 18,238 938 19,176
Net book value
At 29 April 2024 14,207 4,062 18,269
At 29 April 2023 11,370 0 11,370

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 April 2024

5. Stocks

2024 2023
£ £
Stocks 10,091 6,000
Total 10,091 6,000

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 April 2024

6. Debtors

2024 2023
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 20,799
Total 0 20,799
Debtors due after more than one year: 0 0

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 April 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 14,640 23,126
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 5,407 20,337
Other creditors 25,069 55,625
Total 45,116 99,088

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 April 2024

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

2024 2023
£ £
Bank loans and overdrafts 24,100 32,088
Total 24,100 32,088

COMMUNITY INTEREST ANNUAL REPORT

ACTIVE TEES VALLEY COMMUNITY INTEREST COMPANY

Company Number: 10738975 (England and Wales)

Year Ending: 29 April 2024

Company activities and impact

Active Tees Valley operates withing East Middlesbrough and has 3 centres in which we operate from. The centres are: East Middlesbrough Events Centre Pallister Park Brambles Farm Community Centre Income is generate from the above centres as well as by accessing local and national grant funding to deliver community projects and activities in the local area. We aim to target health. well-being, social inclusion and also the cost of living crisis. Key projects delivered this year include finally opening our ECO Shop at our Brambles Farm centre. This allows local residents to access household essential items and food at a massively discounted rate to help local residents who cannot afford to shop at conventional shops. During the summer holidays we also run subsidised clubs for local school children so that they have a safe place to go in the holidays. This also allows parents to continue to work normally and ensures they children are looked after and well fed. Another project we run is OAP bingo twice a week. This is all funded by ourselves and allows elderly local residents to come along, play darts but more importantly socialise to avoid loneliness. We have also ran a number of fun days throughout the year which allows the local residents to bring their children along for games and activities which then keeps those children out of trouble and gives them something to do.

Consultation with stakeholders

Key Stakeholders include: Middlesbrough Council Sporting Capital ReIntergrate Youth Focus North East Thirteen Group Everyone Active Local resident groups We work closely with all stakeholders to ensure they have been reported back to on the success of events or initiatives. This is one of the reasons our initiatives and events keep going.

Directors' remuneration

The only payments made to any directors are to fund travel expenses and they are paid at the HMRC approved rate. The total paid in the year is £6,697.25.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 April 2025

And signed on behalf of the board by:
Name: Gary Hamilton
Status: Director