VANGUARD SUPPORTED HOUSING CIC

Company limited by guarantee

Company Registration Number:
12302935 (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

VANGUARD SUPPORTED HOUSING CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

VANGUARD SUPPORTED HOUSING CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£
£
Current assets
Cash at bank and in hand: 235,184 18,221
Total current assets: 235,184 18,221
Creditors: amounts falling due within one year: 3 ( 105,505 ) ( 15,283 )
Net current assets (liabilities): 129,679 2,938
Total assets less current liabilities: 129,679 2,938
Total net assets (liabilities): 129,679 2,938
Members' funds
Profit and loss account: 129,679 2,938
Total members' funds: 129,679 2,938

The notes form part of these financial statements

VANGUARD SUPPORTED HOUSING CIC

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 28 November 2025
and signed on behalf of the board by:

Name: Saghwat HUSSAIN
Status: Director

The notes form part of these financial statements

VANGUARD SUPPORTED HOUSING CIC

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

VANGUARD SUPPORTED HOUSING CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 23 2

VANGUARD SUPPORTED HOUSING CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 18,130
Taxation and social security 62,375 5,783
Other creditors 25,000 9,500
Total 105,505 15,283

VANGUARD SUPPORTED HOUSING CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Loans to directors

Saghwat Hussain is a director of the company. During the year, the director provided loans of £Nil to the company. As at the balance sheet date, the company owed the director £9,500 (2023: £9,500) which is shown in Other Creditors due within one year. The above balance is payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet. Saghwat Hussain is also a director of Vanguard Direct (Bham) Limited. During the year, the company transacted with Vanguard Direct (Bham) Limited for good and services for a net amount of £nil. As at the balance sheet date, the company was owed £291,964 (2023: £Nil) by Vanguard Direct (Bham) Limited, which is shown in Debtors due within one year. The above balance is payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet. Saghwat Hussain is also a director of Firefield Fox Ltd. During the year, the company transacted with Firefield Fox Limited for good and services for a net amount of £nil. As at the balance sheet date, the company was owed £94,000 (2023: £Nil) by Firefield Fox Limited, which is shown in Debtors due within one year. The above balance is payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.

COMMUNITY INTEREST ANNUAL REPORT

VANGUARD SUPPORTED HOUSING CIC

Company Number: 12302935 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

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. The company provides supported housing to vulnerable adults in Birmingham. During the period 1/12/23 to 30/11/24 the company has benefited the community by providing a safe and supported environment in which vulnerable homeless adults can seek refuge where barriers to independent living can be addressed.Vanguard has expanded it's property portfolio to accommodate and support more individuals in need, especially local individuals experiencing food poverty.

Consultation with stakeholders

The company's stakeholders are the service users. Staff are in constant contact with them to ensure they are engaged in their journey and benefiting from all aspects of the service.

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
28 November 2025

And signed on behalf of the board by:
Name: Saghwat HUSSAIN
Status: Director