for the Period Ended 31 March 2025
| 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 31 March 2025
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 April 2024
to
31 March 2025
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
| 2025 | 2024 | |
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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| Gross profit(or loss): |
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| Administrative expenses: |
(
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(
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| Operating profit(or loss): |
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| Interest receivable and similar income: |
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| Profit(or loss) before tax: |
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( |
| Profit(or loss) for the financial year: |
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( |
As at
| Notes | 2025 | 2024 | |
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£ |
£ |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 4 |
(
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(
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| Net current assets (liabilities): |
( |
( |
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| Total assets less current liabilities: |
( |
( |
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| Total net assets (liabilities): |
( |
( |
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| Members' funds | |||
| Profit and loss account: |
( |
( |
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| 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 31 March 2025
Basis of measurement and preparation
for the Period Ended 31 March 2025
| 2025 | 2024 | |
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| Average number of employees during the period |
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for the Period Ended 31 March 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 April 2024 |
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| Disposals |
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| Revaluations |
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| At 31 March 2025 |
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| At 1 April 2024 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 31 March 2025 |
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| Net book value | ||||||
| At 31 March 2025 |
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| At 31 March 2024 |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
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| £ | £ | |
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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This year has been a challenging period for the Pavilion Sports Centre. Despite our continued commitment to serving the local community, the condition of the building and surrounding facilities has significantly impacted usage, income, and our ability to deliver high-quality community services. Since taking over management of the centre, we have been awaiting completion of essential repair works by our landlords. Unfortunately, these works have still not been carried out to the required standard. The prolonged delays have resulted in sections of the centre becoming increasingly unsuitable for regular activity, with several paying customers choosing alternative venues due to maintenance issues, health and safety concerns, and the general disrepair of key facilities. Usage levels across both community groups and paid bookings have decreased as a direct consequence of the deteriorating condition of the site. While we continue to offer affordable provision for local residents and youth groups, the lack of timely maintenance has undermined confidence among service users, many of whom have opted for newer and better-maintained facilities within the surrounding area. We continue to work proactively with Hyde Housing Association regarding lease finalisation. However, significant turnover among senior staff responsible for managing our lease arrangements has resulted in further delays. This has hindered long-term planning, restricted our ability to apply for certain funding opportunities, and limited our capacity to commit to capital improvement projects. Despite these challenges, the centre has maintained engagement with core community groups and schools, offering reduced-rate access and supporting local organisations where possible. Our priority remains to safeguard community provision, ensure continuity of service, and advocate for the investment needed to return the centre to a safe and fully operational standard.
The CIC continues to engage openly with its user groups, partners and stakeholders. Regular communication has taken place via meetings, email updates, social media, and direct conversations with centre users affected by the deterioration of the facilities. Stakeholders have consistently expressed concern about the condition of the site and the impact on their ability to deliver sessions safely and reliably. This feedback has been communicated to the landlords and forms a key part of our ongoing discussions regarding urgent repairs and the long-overdue lease agreement. A youth forum remains in place to give young people a voice in shaping services, although participation levels have been affected by reduced centre usage. Directors continue to liaise with community clubs, local schools, and partner organisations to explore interim solutions and maintain access wherever feasible.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
8 December 2025
And signed on behalf of the board by:
Name: Eugene Dwaah
Status: Director