ABILITY SOCIAL HOUSING CIC

Company limited by guarantee

Company Registration Number:
12500581 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

ABILITY SOCIAL HOUSING CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ABILITY SOCIAL HOUSING CIC

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Wasif Aslam
Nigel Philip Holsey
Mohammed Hamza Usman


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
18 December 2025

And signed on behalf of the board by:
Name: Mohammed Hamza Usman
Status: Director

ABILITY SOCIAL HOUSING CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 270,397 193,885
Cost of sales: ( 214,704 ) ( 151,875 )
Gross profit(or loss): 55,693 42,010
Administrative expenses: ( 53,321 ) ( 30,442 )
Other operating income: 20,000
Operating profit(or loss): 22,372 11,568
Profit(or loss) before tax: 22,372 11,568
Tax: ( 4,250 ) ( 1,900 )
Profit(or loss) for the financial year: 18,122 9,668

ABILITY SOCIAL HOUSING CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 43,121 21,399
Total current assets: 43,121 21,399
Creditors: amounts falling due within one year: 3 ( 16,896 ) ( 13,295 )
Net current assets (liabilities): 26,225 8,104
Total assets less current liabilities: 26,225 8,104
Total net assets (liabilities): 26,225 8,104
Members' funds
Profit and loss account: 26,225 8,104
Total members' funds: 26,225 8,104

The notes form part of these financial statements

ABILITY SOCIAL HOUSING CIC

Balance sheet statements

For the year ending 31 March 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.

This report was approved by the board of directors on 18 December 2025
and signed on behalf of the board by:

Name: Mohammed Hamza Usman
Status: Director

The notes form part of these financial statements

ABILITY SOCIAL HOUSING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 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

ABILITY SOCIAL HOUSING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 2 2

ABILITY SOCIAL HOUSING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Other creditors 16,896 13,295
Total 16,896 13,295

COMMUNITY INTEREST ANNUAL REPORT

ABILITY SOCIAL HOUSING CIC

Company Number: 12500581 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

The companies activities involved in providing and assisting vulnerable members of the community to find and sustain adequate accommodation.

Consultation with stakeholders

Stakeholders are members of the respective community. Ability Social Housing CIC consults with all stakeholders on a quarterly basis.

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
15 December 2025

And signed on behalf of the board by:
Name: H.Usman
Status: Director