for the Period Ended 30 November 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 November 2024
Principal activities of the company
Directors
The director shown below has held office during the whole of the period from
1 December 2023
to
30 November 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: |
|
|
| Gross profit(or loss): |
|
|
| Operating profit(or loss): |
|
|
| Profit(or loss) before tax: |
|
|
| Profit(or loss) for the financial year: |
|
|
As at
| Notes | 2024 | 2023 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Current assets | |||
| Cash at bank and in hand: |
|
|
|
| Total current assets: |
|
|
|
| Creditors: amounts falling due within one year: | 3 |
(
|
(
|
| Net current assets (liabilities): |
|
|
|
| Total assets less current liabilities: |
|
|
|
| Creditors: amounts falling due after more than one year: | 4 |
(
|
(
|
| Total net assets (liabilities): |
( |
( |
|
| Members' funds | |||
| Profit and loss account: |
( |
( |
|
| Total members' 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 November 2024
Basis of measurement and preparation
for the Period Ended 30 November 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 30 November 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Other creditors |
|
|
| Total |
|
|
for the Period Ended 30 November 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Other creditors |
|
|
| Total |
|
|
In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. In the financial year 2023-24 50-50 Sync has provided a targeted response with specific aims and objectives to address ‘pupil engagement’ issues at both ends of the scale: those children in school settings and those children missing in education. The company provided skill-based interventions which cultivate ‘work ready mindsets. It has assessed the needs of the child through six mechanisms of change which impact employability capabilities to support all children and young people to engage in education and develop employability skills to enhance their life outcomes. This year, 50-50 SYNC supported young people who had difficulties re-engaging in their education via our new remote support programme and home visits. Through video conferencing technology and our 50-50 LAB app, it provided a network of support to the young person, their family and tutors/teachers. It has benefited young people across Greater London. 50-50 Sync has worked alongside the council and social workers to re-engage young people into the community. They work with the parents and the young person by regularly communicating with them and providing the necessary support to enable the young person to access education and social clubs. 50-50 SYNC also provided a technology based, character and employment skill-based intervention framework for all pupils they engage with, which included providing training and support for the practitioners, the young people and their parent/carers. The support included weekly reports around behaviour management and personal development.
The company’s Stakeholders are primarily young people and their families. It also includes schools and council services. The directors of the company have worked with young people for over 20 years and have developed systems and programmes to better support their development and engagement. Meetings are held regularly with schools, council and parents to find out what the needs are and how they can be effectively met. Young people and parents are encouraged to give their feedback on sessions and to give their opinion on what went well and what could be improved.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
20 July 2025
And signed on behalf of the board by:
Name: Rod Douglas
Status: Director