THE SPEARHEAD RECOVERY CIC

Company Registration Number:
13670789 (England and Wales)

Unaudited statutory accounts for the year ended 20 October 2024

Period of accounts

Start date: 21 October 2023

End date: 20 October 2024

THE SPEARHEAD RECOVERY CIC

Contents of the Financial Statements

for the Period Ended 20 October 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE SPEARHEAD RECOVERY CIC

Balance sheet

As at 20 October 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 1,250 1,250
Total fixed assets: 1,250 1,250
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 23,750 23,750
Investments: 4 1,500 1,500
Total current assets: 25,250 25,250
Prepayments and accrued income: 39,871 39,871
Creditors: amounts falling due within one year: 5 ( 10,800 ) ( 10,800 )
Net current assets (liabilities): 54,321 54,321
Total assets less current liabilities: 55,571 55,571
Creditors: amounts falling due after more than one year: 6 ( 10,800 ) ( 10,800 )
Provision for liabilities: 0 0
Accruals and deferred income: ( 25,000 ) ( 25,000 )
Total net assets (liabilities): 19,771 19,771
Capital and reserves
Called up share capital: 12,571 12,571
Share premium account: 0 0
Other reserves: 7,200 7,200
Profit and loss account: 0 0
Total Shareholders' funds: 19,771 19,771

The notes form part of these financial statements

THE SPEARHEAD RECOVERY CIC

Balance sheet statements

For the year ending 20 October 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 12 January 2025
and signed on behalf of the board by:

Name: The Trustees of The Spearhead Foundation
Status: Director

The notes form part of these financial statements

THE SPEARHEAD RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 20 October 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

THE SPEARHEAD RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 20 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 16 8

THE SPEARHEAD RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 20 October 2024

3. Fixed assets investments note

The Spearhead Foundation currently holds no fix assets.

THE SPEARHEAD RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 20 October 2024

4. Current assets investments note

The Spearhead Foundation currently holds an account with a reserve fund which gains interest. This reserve fund is £6000.

THE SPEARHEAD RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 20 October 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 10,800 10,800
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 10,800 10,800

THE SPEARHEAD RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 20 October 2024

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

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 10,800 10,800
Other creditors 0 0
Total 10,800 10,800

COMMUNITY INTEREST ANNUAL REPORT

THE SPEARHEAD RECOVERY CIC

Company Number: 13670789 (England and Wales)

Year Ending: 20 October 2024

Company activities and impact

he veterans programme we provide at The Spearhead Foundation works with both veterans and serving members of the armed forces community but also emergency workers and the families of those serving/veterans and emergency workers. In 2024 the foundation worked directly with 213 different veterans, 9 NHS workers, 3 firefighters and 6 police officers. We did this through providing various activities, engagement sessions and attending community events. Some of these community events we attended were: Irlam Live, Trafford Live, Trafford Centre Christmas Markets Stand, Remembrance Day Parades, Armed Forces Day Events across Greater Manchester. The foundation in total held 96 events across 2024. These events were Remembrance Sunday, Thursday Club, Coffee Club, Go Karting and Lytham Festival.

Consultation with stakeholders

No consultation with stakeholders

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
12 January 2025

And signed on behalf of the board by:
Name: The Spearhead Trustees
Status: Director