for the Period Ended 31 October 2024
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
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
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 October 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 31 October 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 November 2023 |
|
|
||||
| Additions | ||||||
| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 October 2024 |
|
|
||||
| Depreciation | ||||||
| At 1 November 2023 |
|
|
||||
| Charge for year |
|
|
||||
| On disposals | ||||||
| Other adjustments | ||||||
| At 31 October 2024 |
|
|
||||
| Net book value | ||||||
| At 31 October 2024 |
|
|
||||
| At 31 October 2023 |
|
|
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Other debtors |
|
|
| Total |
|
|
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Taxation and social security |
|
|
| Other creditors |
|
|
| Total |
|
|
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Other creditors |
|
|
| Total |
|
|
The HOLT is a centre that caters specifically for Learning disabled and additional needs adults and children and offers social and enterprise activities and training in Functional Skills, English, Maths, Cookery, Music, Horticulture, Life Skills and Work Skills, The Centre opened in January 2023. During the financial year 2023-2024, the Centre’s activities have benefited the community in the following ways: - 11 young people educated other than at school have accessed their learning at the Centre and stand to gain accreditation in various subjects in the coming year. - 32 young people have accessed the centre for regular social and enterprise sessions and stand to gain accreditation in Maths, English, Art, Horticulture, Animal Care and Cookery in the coming year. - The Centre has been able to support parents of individuals with additional needs with form filling, finding information, signposting to services and offering general support. - The Centre has been able to support a number of individuals who suffer from mental ill-health by offering drop-in support sessions twice weekly and signposting to services. - The Centre has increased its staffing to meet demand and now employs 3 full time staff and 6 part time staff.
The Company’s stakeholders are residents of the Isle of Wight who are either Learning disabled and/or have additional needs, are the parents/carers of individuals who have learning disabilities and/or additional needs, or who are impacted by mental ill health. The Director of the company has two sons with severe learning disabilities and autism, and worked as Assistant Headteacher in a local Special Needs school for many years before setting up the Centre as a not-for-profit organisation, having seen the need for an alternative provision that offered a wide learning curriculum, for those individuals not able to cope with a mainstream setting. We conducted a survey of both parents and clients to find out their views, and gain their ideas as to which additional subjects The HOLT could offer. We acted on the results of the survey so now offer Music as a subject, and have increased the range of art and craft activities that we offer. We also reduced the age at which we take clients from 16 to 11 after repeated enquiries from parents and carers searching for alternative provision for younger children.
The Director’s remuneration was £25,458.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
13 July 2025
And signed on behalf of the board by:
Name: Mrs J E Bell
Status: Director