GO THE DISTANCE (GTD) CIC

Company limited by guarantee

Company Registration Number:
11855805 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2025

Period of accounts

Start date: 1 September 2024

End date: 31 August 2025

GO THE DISTANCE (GTD) CIC

Contents of the Financial Statements

for the Period Ended 31 August 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

GO THE DISTANCE (GTD) CIC

Balance sheet

As at 31 August 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 322,700 329,047
Investments:   0 0
Total fixed assets: 322,700 329,047
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 139,778 179,722
Investments:   0 0
Total current assets: 139,778 179,722
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 16,724 ) ( 31,298 )
Net current assets (liabilities): 123,054 148,424
Total assets less current liabilities: 445,754 477,471
Creditors: amounts falling due after more than one year: 5 ( 51,269 ) ( 87,445 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 394,485 390,026
Members' funds
Profit and loss account: 394,485 390,026
Total members' funds: 394,485 390,026

The notes form part of these financial statements

GO THE DISTANCE (GTD) CIC

Balance sheet statements

For the year ending 31 August 2025 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 13 October 2025
and signed on behalf of the board by:

Name: P Lysaght
Status: Director

The notes form part of these financial statements

GO THE DISTANCE (GTD) CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Plant & machinery - 25% reducing balance Motor vehicles - 25% reducing balance Fixtures & fittings - 25% reducing balance Computer equipment - 25% reducing balance

GO THE DISTANCE (GTD) CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 4 4

GO THE DISTANCE (GTD) CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2024 0 5,400 286,268 2,392 74,950 369,010
Additions 0 0 1,610 0 13,745 15,355
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 August 2025 0 5,400 287,878 2,392 88,695 384,365
Depreciation
At 1 September 2024 0 3,122 3,206 710 32,925 39,963
Charge for year 0 568 15,310 420 14,114 30,412
On disposals 0 0 0 0 ( 8,710 ) ( 8,710 )
Other adjustments 0 0 0 0 0 0
At 31 August 2025 0 3,690 18,516 1,130 38,329 61,665
Net book value
At 31 August 2025 0 1,710 269,362 1,262 50,366 322,700
At 31 August 2024 0 2,278 283,062 1,682 42,025 329,047

GO THE DISTANCE (GTD) CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 7,726 3,668
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 4,011 6,984
Accruals and deferred income 0 0
Other creditors 4,987 20,646
Total 16,724 31,298

GO THE DISTANCE (GTD) CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

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

2025 2024
£ £
Bank loans and overdrafts 0 7,999
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 51,269 79,446
Total 51,269 87,445

COMMUNITY INTEREST ANNUAL REPORT

GO THE DISTANCE (GTD) CIC

Company Number: 11855805 (England and Wales)

Year Ending: 31 August 2025

Company activities and impact

We provice dedicated support to vulnerable young people across four key areas: mental health, sport, education and employment. Our work focuses on promoting emotional well-being, ensuring access to physical activities that encourage healthy lifestyles and offering guidance to help young people achieve their academic potential. Additionally, we assist with career development by providing support and opportunities that enhance their employment prospects. Through a holistic approach, we empower young people to overcome challenges, build confidence and create a brighter future.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £36,000. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s 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
13 October 2025

And signed on behalf of the board by:
Name: P Lysaght
Status: Director