Companies House 12356949 2025-03-31 2025-03-31 2024-04-01 false iso4217:GBP xbrli:pure 12356949 2023-04-01 2024-03-31 12356949 2025-03-31 12356949 2024-04-01 2025-03-31 12356949 2024-03-31 12356949 curr:PoundSterling 2024-04-01 2025-03-31 12356949 uk-bus:CompanyLimitedByGuarantee 2024-04-01 2025-03-31 12356949 uk-bus:FRS102 2024-04-01 2025-03-31 12356949 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12356949 uk-bus:FullAccounts 2024-04-01 2025-03-31 12356949 uk-bus:RegisteredOffice 2024-04-01 2025-03-31 12356949 uk-bus:Director1 2024-04-01 2025-03-31 12356949 uk-bus:Director2 2024-04-01 2025-03-31 12356949 uk-bus:Director3 2024-04-01 2025-03-31 12356949 uk-bus:Director4 2024-04-01 2025-03-31 12356949 uk-bus:Director5 2024-04-01 2025-03-31 12356949 uk-bus:Director6 2024-04-01 2025-03-31 12356949 uk-bus:Director7 2024-04-01 2025-03-31 12356949 uk-bus:Director8 2024-04-01 2025-03-31 12356949 uk-bus:Director9 2024-04-01 2025-03-31 12356949 uk-bus:Director10 2024-04-01 2025-03-31 12356949 uk-bus:Director11 2024-04-01 2025-03-31 12356949 uk-bus:Director12 2024-04-01 2025-03-31 12356949 uk-bus:Director13 2024-04-01 2025-03-31 12356949 uk-bus:Director14 2024-04-01 2025-03-31 12356949 uk-bus:Director15 2024-04-01 2025-03-31 12356949 uk-bus:Director16 2024-04-01 2025-03-31 12356949 uk-bus:Director17 2024-04-01 2025-03-31 12356949 uk-bus:Director18 2024-04-01 2025-03-31 12356949 uk-bus:Director19 2024-04-01 2025-03-31 12356949 uk-bus:Director20 2024-04-01 2025-03-31 12356949 uk-bus:Director21 2024-04-01 2025-03-31 12356949 uk-bus:CompanySecretary1 2024-04-01 2025-03-31 12356949 core:AfterOneYear 2025-03-31 12356949 core:AfterOneYear 2024-03-31 12356949 core:WithinOneYear 2025-03-31 12356949 core:WithinOneYear 2024-03-31 12356949 core:WithinOneYear 2024-04-01 2025-03-31 12356949 core:AfterOneYear 2025-03-31 12356949 core:AfterOneYear 2024-03-31 12356949 core:AfterOneYear 2024-04-01 2025-03-31 12356949 core:ShareCapital 2025-03-31 12356949 core:ShareCapital 2024-03-31 12356949 core:SharePremium 2025-03-31 12356949 core:SharePremium 2024-03-31 12356949 core:OtherReservesSubtotal 2025-03-31 12356949 core:OtherReservesSubtotal 2024-03-31 12356949 core:RevaluationReserve 2025-03-31 12356949 core:RevaluationReserve 2024-03-31 12356949 core:RetainedEarningsAccumulatedLosses 2025-03-31 12356949 core:RetainedEarningsAccumulatedLosses 2024-03-31 12356949 1 2024-04-01 2025-03-31 12356949 2 2024-04-01 2025-03-31 12356949 3 2024-04-01 2025-03-31 12356949 core:LandBuildings 2024-04-01 2025-03-31 12356949 core:LandBuildings 2025-03-31 12356949 core:LandBuildings 2023-04-01 2024-03-31 12356949 core:LandBuildings 2024-03-31 12356949 core:PlantMachinery 2024-04-01 2025-03-31 12356949 core:PlantMachinery 2025-03-31 12356949 core:PlantMachinery 2023-04-01 2024-03-31 12356949 core:PlantMachinery 2024-03-31 12356949 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 12356949 core:FurnitureFittingsToolsEquipment 2025-03-31 12356949 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 12356949 core:FurnitureFittingsToolsEquipment 2024-03-31 12356949 core:OfficeEquipment 2024-04-01 2025-03-31 12356949 core:OfficeEquipment 2025-03-31 12356949 core:OfficeEquipment 2023-04-01 2024-03-31 12356949 core:OfficeEquipment 2024-03-31 12356949 core:Vehicles 2024-04-01 2025-03-31 12356949 core:Vehicles 2025-03-31 12356949 core:Vehicles 2023-04-01 2024-03-31 12356949 core:Vehicles 2024-03-31 12356949 core:NetGoodwill 2024-04-01 2025-03-31 12356949 core:NetGoodwill 2025-03-31 12356949 core:NetGoodwill 2023-04-01 2024-03-31 12356949 core:NetGoodwill 2024-03-31 12356949 core:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 12356949 core:IntangibleAssetsOtherThanGoodwill 2025-03-31 12356949 core:IntangibleAssetsOtherThanGoodwill 2023-04-01 2024-03-31 12356949 core:IntangibleAssetsOtherThanGoodwill 2024-03-31

# NAUTILUS HOUSING CIC

## Company limited by guarantee

## Company Registration Number:
12356949 (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

# NAUTILUS 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 |

# NAUTILUS 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

Principal activities of the company

The company's principal activity during the year continued to be of house and support vulnerable, homeless adults from diverse backgrounds, with a vide variety of support needs.

Directors

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

Manjit Singh Deol

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
3 April 2026

And signed on behalf of the board by:
Name: Manjit Singh Deol
Status: Director

# NAUTILUS HOUSING CIC

## Profit And Loss Account

for the Period Ended 31 March 2025

| 2025 | 2024
--- | --- | ---
| £ | £
Turnover: | 576,641 | 576,964
Cost of sales: | ( 363,427 ) | ( 397,218 )
Gross profit(or loss): | 213,214 | 179,746
Administrative expenses: | ( 188,350 ) | ( 161,654 )
Operating profit(or loss): | 24,864 | 18,092
Profit(or loss) before tax: | 24,864 | 18,092
Tax: | ( 6,216 ) | ( 4,721 )
Profit(or loss) for the financial year: | 18,648 | 13,371

# NAUTILUS HOUSING CIC

## Balance sheet

As at 31 March 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Current assets
Debtors: | 3 | 116,465 | 106,345
Cash at bank and in hand: |  | 33,349 | 14,649
Total current assets: |  | 149,814 | 120,994
Creditors: amounts falling due within one year: | 4 | ( 62,007 ) | ( 56,785 )
Net current assets (liabilities): |  | 87,807 | 64,209
Total assets less current liabilities: |  | 87,807 | 64,209
Creditors: amounts falling due after more than one year: | 5 | ( 24,235 ) | ( 19,285 )
Total net assets (liabilities): |  | 63,572 | 44,924
Members' funds
Profit and loss account: |  | 63,572 | 44,924
Total members' funds: |  | 63,572 | 44,924

The notes form part of these financial statements

# NAUTILUS 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 3 April 2026
and signed on behalf of the board by:

Name: Manjit Singh Deol
Status: Director

The notes form part of these financial statements

# NAUTILUS 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

  Turnover policy

  Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

# NAUTILUS 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 | 5 | 5

# NAUTILUS HOUSING CIC

## Notes to the Financial Statements

for the Period Ended 31 March 2025

## 3. Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Other debtors | 116,465 | 106,345
Total | 116,465 | 106,345

# NAUTILUS HOUSING CIC

## Notes to the Financial Statements

for the Period Ended 31 March 2025

## 4. Creditors: amounts falling due within one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Trade creditors | 36,590 | 42,589
Taxation and social security | 25,417 | 14,196
Total | 62,007 | 56,785

# NAUTILUS HOUSING CIC

## Notes to the Financial Statements

for the Period Ended 31 March 2025

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

| 2025 | 2024
--- | --- | ---
| £ | £
Other creditors | 24,235 | 19,285
Total | 24,235 | 19,285

# COMMUNITY INTEREST ANNUAL REPORT

### NAUTILUS HOUSING CIC

### Company Number: 12356949 (England and Wales)

### Year Ending: 31 March 2025

Company activities and impact

During 2024-25 Nautilus Housing continued to house and support vulnerable, homeless adults from diverse backgrounds, with a wide variety of support needs. The company continues to deliver services across Birmingham, Dudley and Solihull, with an increase of one bed space in Solihull. The landscape around supported housing in Birmingham remains difficult so significant expansion was not a realistic option again this year. The implementation of the regulatory framework being delivered by the Government through Local Authorities means that a wait and see approach is the most sensible and risk free. We are unlikely to see significant expansion until 2027-28. During 2024-25 Nautilus Birmingham services remained largely unchanged, continuing support for women fleeing Domestic Abuse, women with no recourse to public funds along with a small number of older men and those with a history of rough sleeping. The goal remains to unchanged – to house and support them for up to one year and then help them move on to more permanent accommodation. This move on strategy has had some success with several women again being rehoused into more appropriate accommodation. In Dudley the service remained aimed at the general homeless population, mainly referred by local statutory and voluntary services. In Solihull Nautilus now houses a wider range of homeless people, not just young people. Occupancy in all houses remains very high with referrals outstripping beds available throughout the year. This helps confirm the continuing need for the services that Nautilus provides. During 2024-25 Nautilus housed and supported around 70 people who otherwise could have ended up on the streets or in sub-standard accommodation without any assistance. This is a drop from the previous year and reflects the housing crisis within Local Authorities and the limited access our residents have to permanent accommodation. We continue to try and develop new partnerships to address this shortfall in move-on accommodation. In terms of partnerships Nautilus continues to have a close relationship with Birmingham and Solihull Woman's Aid and Birmingham City Councils Adult and Social Care Department. In Dudley, the relationship with the Local Authorities Homeless Department has continued and in Solihull we are still working in partnership with St Basils Youth Hub and the local authorities’ homeless services. We have again had very positive interactions with Birmingham's quality monitoring team who have visited a number of our properties and spoken with residents. All these have had good outcomes, with none of our services causing them any concerns. In Solihull we now hold an HMO licence in an expanded property and the local authority were very happy with the standard of accommodation we offer. In terms of income generation rents in all three local authorities have remained the same as 2023-24, meaning they remain amongst the lowest and best value for money in the sector. Nautilus continues to benefit the community in several ways: Housing Women fleeing domestic abuse locally, who might have otherwise had to move away from their own communities Maintaining properties to a high standard, thus adding to the community in a way which not all private landlords do Working with residents to be part of their local community and to use local community services Helping residents get back into work and training Reducing the number of homeless people on the streets in Solihull, Birmingham and Dudley

Consultation with stakeholders

Nautilus has several key Stakeholders Referral agents Residents Neighbours and the local community BCC/Dudley/Solihull Councils (funding) Birmingham's Quality Monitoring Team Birmingham and Solihull Woman's Aid St Basils Youth HUB in Solihull Nautilus consults with its residents in several ways. Weekly at support sessions Monthly at house meetings When they leave the service (exit interview) An annual survey across all houses We do not formally consult with neighbours but do have a regular dialogue with them, especially when there are issues around the house. We speak to key referral agents on a regular basis, though have still not introduced formal consultation mechanisms about the level of service we provide. We attend and contribute to the newly established private landlord's forum within Birmingham. We have also become a regular contributor to the Supported Exempt Accommodation Forum of like-minded providers through the attendance of our CEO. This forum is fast becoming the voice of the sector in Birmingham, and our CEO is a significant figure in this.

Directors' remuneration

The director remuneration is £14,400

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
3 April 2026

And signed on behalf of the board by:
Name: Manjit Singh Deol
Status: Director