N.E. SPORT COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
07068042 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

N.E. SPORT COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

N.E. SPORT COMMUNITY INTEREST COMPANY

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal activities of the company

The principal activity of the company continued to be the provision of sport and healthy activity clubs for children in Sunderland and South Tyneside.



Directors

The directors shown below have held office during the whole of the period from
1 December 2023 to 30 November 2024

Peter Curtis
Lindsay Jane Williams
Ruth Ibegbuna
Anthony Edward Woods-Waters


Secretary Peter Curtis

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
20 August 2025

And signed on behalf of the board by:
Name: Peter Curtis
Status: Secretary

N.E. SPORT COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 61,485 51,490
Total fixed assets: 61,485 51,490
Current assets
Stocks: 4 540 645
Debtors: 5 8,934 9,267
Cash at bank and in hand: 95 2,735
Total current assets: 9,569 12,647
Creditors: amounts falling due within one year: 6 ( 32,513 ) ( 14,566 )
Net current assets (liabilities): (22,944) (1,919)
Total assets less current liabilities: 38,541 49,571
Creditors: amounts falling due after more than one year: 7 ( 10,057 ) ( 12,128 )
Accruals and deferred income: ( 5,353 ) ( 7,021 )
Total net assets (liabilities): 23,131 30,422
Members' funds
Profit and loss account: 23,131 30,422
Total members' funds: 23,131 30,422

The notes form part of these financial statements

N.E. SPORT COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 November 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 20 August 2025
and signed on behalf of the board by:

Name: Peter Curtis
Status: Director

The notes form part of these financial statements

N.E. SPORT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Equipment 15/20% reducing balance Fixtures & fittings 10% reducing balance Motor Vehicles 25% reducing balance.

N.E. SPORT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 6

N.E. SPORT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 2,718 21,654 59,093 83,465
Additions 2,233 21,568 23,801
Disposals
Revaluations
Transfers
At 30 November 2024 4,951 43,222 59,093 107,266
Depreciation
At 1 December 2023 1,051 8,906 22,018 31,975
Charge for year 325 4,212 9,269 13,806
On disposals
Other adjustments
At 30 November 2024 1,376 13,118 31,287 45,781
Net book value
At 30 November 2024 3,575 30,104 27,806 61,485
At 30 November 2023 1,667 12,748 37,075 51,490

N.E. SPORT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Stocks

2024 2023
£ £
Stocks 540 645
Total 540 645

N.E. SPORT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Debtors

2024 2023
£ £
Trade debtors 7,071 5,813
Other debtors 1,863 3,454
Total 8,934 9,267

N.E. SPORT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 21,290 5,621
Trade creditors 51
Taxation and social security 1,102 1,167
Other creditors 10,070 7,778
Total 32,513 14,566

N.E. SPORT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

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

2024 2023
£ £
Bank loans and overdrafts 10,057 12,128
Total 10,057 12,128

COMMUNITY INTEREST ANNUAL REPORT

N.E. SPORT COMMUNITY INTEREST COMPANY

Company Number: 07068042 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

Activities and Impact North East Sport has continued its commitment to delivering high quality sports and community programmes throughout the 2023 to 2024 financial year. Our focus has remained steadfast on creating opportunities for children and young people in Sunderland and South Tyneside to enhance their physical, social, and emotional wellbeing through sport, physical activity, and dedicated youth work. Core Programmes and Services Our core services have seen sustained success and growth over the past year. Football Programmes Our flagship football programme continues to thrive, with participation numbers increasing across all age groups. The Bambino Ballers sessions for children under three have become a cornerstone of our grassroots offering, strengthening our club pathways. School Partnerships Collaboration with local schools remains a vital component of our operations. We have consistently delivered a range of services, including breakfast clubs, physical education support, and after school clubs, reinforcing our role within the community's educational framework. Holiday Camps The popularity of our holiday camps was once again evident, with high demand for places throughout the year. Our beach themed summer camps were particularly successful, and we proudly continued our participation in the Together for Children Sunderland HAF programme. Youth Work We have continued to expand our youth work provision, offering a diverse range of activities beyond football to cater to the varied interests of the young people we serve. Key Achievements This year has been marked by several significant accomplishments that have strengthened our organisation and expanded our impact. Investment in Facilities A major achievement for the 2023 to 2024 period has been the significant investment made in our facilities, made possible through successful Football Foundation grants. This development has enhanced the quality of our delivery environment and will support our long-term growth. Increased Participation We saw a continued increase in the number of children and young people engaging with our programmes, demonstrating the clear and growing demand for our services in the region. Strategic Partnerships North East Sport has maintained its strong and productive partnership with Sunderland City Council and Together for Children. Our track record for delivering high quality, impactful programmes is consistently recognised. We have exceeded targets and demonstrated exceptional performance across all collaborative projects. Our role in the HAF programme alongside Together for Children continues to be a point of success, highlighting our ability to deliver outstanding outcomes for young people. Challenges and Opportunities While we celebrate our successes, we also recognise ongoing challenges that we are actively working to overcome. Cash Flow We continue to face cash flow issues due to payment delays from various projects, with waiting times sometimes extending up to four months. We are navigating this challenge through meticulous financial planning and credit control. Lack of Capacity Financial constraints create a lack of capacity, which hinders our ability to generate additional income through expanded services and invest further in resources and staff. This restricts our ability to meet high demand in areas like holiday camps and after school clubs. Addressing this is a key priority. Data and Evaluation We acknowledge the struggle to capture all relevant data points due to limited staff capacity and the sheer volume of positive outcomes we achieve, many of which are organic and informal. We are exploring more efficient data collection processes and training to better evidence our impact.

Consultation with stakeholders

North East Sport has cultivated strong relationships with a diverse range of stakeholders throughout the years we have been in operation, which has continued in the 2023 to 2024 financial year. Our commitment to open and transparent communication has been central to our success. Key stakeholder groups include Local Community Parents, club members, and the wider community have been actively engaged through various channels, including face to face interactions, surveys, and feedback mechanisms. Schools Strong partnerships with local schools have been maintained through regular communication and collaboration on projects such as breakfast clubs, PE support, and after school clubs. Funding Partners Effective communication and regular reporting have been essential in maintaining positive relationships with Sunderland City Council and Together for Children. Our ability to deliver against project targets, particularly within the HAF programme, has been instrumental in securing continued support. Staff Our staff are at the heart of our organisations success. We have cultivated a culture of empowerment, where staff members feel valued and invested in the organisation's goals. Regular staff meetings, opportunities for professional development, and open communication channels have fostered a strong sense of ownership and commitment. By fostering open dialogue and actively seeking feedback, we have ensured that our programmes and services align with the needs and expectations of our stakeholders. This collaborative approach has been instrumental in achieving our organisational goals.

Directors' remuneration

There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 July 2025

And signed on behalf of the board by:
Name: Peter Curtis
Status: Director