TEAM SOLENT KESTRELS CIC

Company limited by guarantee

Company Registration Number:
14920114 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 7 June 2023

End date: 30 June 2024

TEAM SOLENT KESTRELS CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

TEAM SOLENT KESTRELS CIC

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

Basketball club delivering community and performance level basketball programmes in Southampton and the surrounding area.

Political and charitable donations

We have been lucky to be able to make a charitable donation to the Bev Guymon Memorial Fund, which helps to provide funding for children to participate in basketball, but also supports Pancreatic Cancer Research. Our funding Bev Guymon died from pancreatic cancer.

Additional information

In the accured figures are costs for venue hire that has yet to be charged by Solent University equating £17,010. Through stakeholder feedback it has been noted that we require a dedicated Community Coach, we have therefore made provisions to cover their basic salary (£15,000) in these figures for the following year. This would cover their cost should we not be able to raise the funds. Also, we find ourselves in a position to buy new kits for our national league teams (13 teams), this is an estimated figure based on quotes received - £6,500.



Directors

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

Kathryn Blandford
Matthew Bishop
Matthew Guymon


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
28 May 2025

And signed on behalf of the board by:
Name: Kathryn Blandford
Status: Director

TEAM SOLENT KESTRELS CIC

Profit And Loss Account

for the Period Ended 30 June 2024

13 months to 30 June 2024


£
Turnover: 176,084
Cost of sales: ( 159,301 )
Gross profit(or loss): 16,783
Other operating income: 24,391
Operating profit(or loss): 41,174
Profit(or loss) before tax: 41,174
Profit(or loss) for the financial year: 41,174

TEAM SOLENT KESTRELS CIC

Balance sheet

As at 30 June 2024

Notes 13 months to 30 June 2024


£
Current assets
Cash at bank and in hand: 30,837
Total current assets: 30,837
Net current assets (liabilities): 30,837
Total assets less current liabilities: 30,837
Total net assets (liabilities): 30,837
Members' funds
Profit and loss account: 30,837
Total members' funds: 30,837

The notes form part of these financial statements

TEAM SOLENT KESTRELS CIC

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 28 May 2025
and signed on behalf of the board by:

Name: Kathryn Blandford
Status: Director

The notes form part of these financial statements

TEAM SOLENT KESTRELS CIC

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 Financial Reporting Standard 101

TEAM SOLENT KESTRELS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    13 months to 30 June 2024
    Average number of employees during the period 15

COMMUNITY INTEREST ANNUAL REPORT

TEAM SOLENT KESTRELS CIC

Company Number: 14920114 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

During the financial year of June 2023 to May 2024 Team Solent Kestrels Basketball Club has benefitted the community by running over 370 weekly sessions for nearly 650 boys and girls between the ages of 4 and 16. Creating a safe place for the children to participate in sport, therefore improving health, make friends with peers and grow in confidence. We have also provided over 200 free session to primary schools within Southampton and the surrounding area, assisting with Physical Education curriculum and introducing boys and girls to the sport. Our team of qualified coaches have participate in several inner city projects, working in partnership with Southampton City Council and also the Saints Foundation (Southampton Football Club) to deliver monthly sports days, incorporating different sports, not just basketball to areas in under represented communities. Along side these sessions above we have also enrolled in the Basketball England initiative to create opportunities for girls and women to participation the sport. We have run weekly free sessions for girls aged 8-16 at Solent Sports Complex, culminating a Girls Only tournament for over 150 girls. Our National League program allows children from ages 8-18 to participate on a national platform, this financial year we have had 10 teams both and girls compete, totally 147 children. Our senior men's and women's programme continues to create a popular following, with weekly home games attracting crowds of over 400 people.

Consultation with stakeholders

The club's stakeholders are made up of coaches, volunteers, players, parents, local community leaders and schools teachers. The directors of the club have also been involved in the basketball community for over 40 years in capacity of coaches, players and parents and have been also to build the club ethos and actions plans based on their experience and the feedback from the wider basketball community. Bi-annual surveys are emailed out to coaches, volunteers, parents and senior players, asking about their experiences, and any suggestion for improvement or new ideas for different sessions After any school or community session a valuation questionnaire is provided for the scheme leader to provide constructive feedback and also give them an opportunity to let us know if there is any that we can provide in the future. From using these methods of consultation we have been able to increase the number of coaches in the areas that we were under staffed, introduced the Girls Only sessions, when it was noted that the demand for them was high. We have also introduced a kit swap program where people can donate kit for those that are in need.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 May 2025

And signed on behalf of the board by:
Name: Kathryn Blandford
Status: Director