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 January 2025
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
| 3 months to 31 March 2025 | 2024 | |
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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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 payable and similar charges: |
(
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(
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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 | 3 months to 31 March 2025 | 2024 | |
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£ |
£ |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Investments: | 4 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 5 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 6 |
(
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(
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| Net current assets (liabilities): |
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( |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: | 7 |
(
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(
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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
| 3 months to 31 March 2025 | 2024 | |
|---|---|---|
| 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 January 2025 |
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| Disposals | ||||||
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| At 31 March 2025 |
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| Depreciation | ||||||
| At 1 January 2025 | ||||||
| Charge for year | ||||||
| On disposals | ||||||
| Other adjustments | ||||||
| At 31 March 2025 | ||||||
| Net book value | ||||||
| At 31 March 2025 |
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| At 31 December 2024 |
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for the Period Ended 31 March 2025
No Depreciation in the Period
for the Period Ended 31 March 2025
| 3 months to 31 March 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Prepayments and accrued income |
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| Total |
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for the Period Ended 31 March 2025
| 3 months to 31 March 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Trade creditors |
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| Taxation and social security |
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| Other creditors |
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| Total |
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for the Period Ended 31 March 2025
| 3 months to 31 March 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Other creditors |
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| Total |
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Adamas House CIC - Is an Ofsted Registered Young Persons Home, working with Children and Young people in the County of Gloucestershire. In July 2024 after 2 years of Registration Process the home was granted its registration and took on its first placement in September 2024. In October 2024 the home welcolmed its second placemnet. The home has worked closely with the Local Authority, Education and the families of the young people. Since moving in the 2 placemnets have made positive life choices to improve their health and education, and are working towards GCSE's in May 2025. The Home increased its employment in the Local area and now employs 9 full time people from the Local area. The end of the fiancial year coincides with the Ofsted Inspection window and an inspecytion is expected early in the next finacial year. Subject to a sucessfull Inspection, the home plans to apply for a change in registration to allow for more placements to reside in the home. This will allow the local authority to place children from the County in the County, reducing the need for out of County Placements. Offering additional placements in County where family relationships are safe, greatly improves the chances of sucessful reintergration with Bith or Foster Families. This is in line with the Home and CIC's Statement of Purpose.
As a residential home, there are a number of Stakeholders. Primarily the stakeholders are the residents of the home, regulay sessions are held with the young people to get their individual feedback. This is in person and by way of a QR Code led survey that they can submit without being idetified. They also have access to outside consultation with Social Workers and Education Providers. All ideas, suggestions and concerns are listened too, and where appropriate they are implimented. In the case of concerns the home takes an active role in listening and working to alliviate concerns. Sometimes this is a case of making sure a situation has been explained and the young person consulted. The local authority make regular visits to the Home to meet with the young people and the Registerd Manager. These consultations are to discuss the progress of the Young People and to ensure the Local Authrity has its voice heard and that the Home meets thier expectations. Regular supervisions take place with the staff, this allows them to give across their views, discuss progress and make suggestions to that they feel may help and improve the lives of the Young People. This can be suggestions of activities and interests that the Young People have shared as they are the trusted Adults they have regular contact with. Education providers are reguly consulted. When and where appropriate the families and Guardians of the Young People have access to the QR Statkeholder Surveys. These relationships have been very positive and have helped to improve the trust of the Young People showing that the peopel ariund them can work together.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
13 December 2025
And signed on behalf of the board by:
Name: Daniel Oversby
Status: Director