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# NSN BASKETBALL ACADEMY CIC

## Company limited by guarantee

## Company Registration Number:
15760982 (England and Wales)

## Unaudited statutory accounts for the year ended 30 June 2025

## Period of accounts

## Start date: 4 June 2024

## End date: 30 June 2025

# NSN BASKETBALL ACADEMY CIC

## Contents of the Financial Statements

for the Period Ended 30 June 2025

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

# NSN BASKETBALL ACADEMY CIC

Directors' report period ended 30 June 2025

The directors present their report with the financial statements of the company for the period ended 30 June 2025

Principal activities of the company

General information NSN BASKETBALL ACADEMY CIC is a Private limited by guarantee without share capital, registered in england-wales. The company is active. The Company's registration number is: 15760982. The company has a registration address of 23 Wodehouse Avenue, London SE5 7FD. The presentation currency of the financials is Pound Sterling (£). This is the functional currency of the company. Principal activities of the company Principal activity of the company during the financial period was provision of sports and recreation activities, educational support activities and other sports activities. Statement of going concern It is the directors belief that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks. As such, they have a reasonable expectation that the company has sufficient resources to continue its operational existence for the foreseeable future. The directors will continue to adopt the going concern basis of accounting in preparing the financial statements. Average number of employees During the financial year the average number of employees was 1.

Directors

The director shown below has held office during the period of
1 July 2024 to 30 June 2025

Wilfred Nsofor

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
30 March 2026

And signed on behalf of the board by:
Name: Wilfred Nsofor
Status: Director

# NSN BASKETBALL ACADEMY CIC

## Profit And Loss Account

for the Period Ended 30 June 2025

| 13 months to 30 June 2025
--- | ---
| £
Turnover: | 5,835 |
Cost of sales: | ( 5,594 ) |
Gross profit(or loss): | 241
Operating profit(or loss): | 241
Profit(or loss) before tax: | 241
Profit(or loss) for the financial year: | 241

# NSN BASKETBALL ACADEMY CIC

## Balance sheet

As at 30 June 2025

| Notes | 13 months to 30 June 2025
--- | --- | ---
|  | £
Current assets
Cash at bank and in hand: |  | 242 |
Total current assets: |  | 242
Net current assets (liabilities): |  | 242
Total assets less current liabilities: |  | 242
Total net assets (liabilities): |  | 242
Members' funds
Profit and loss account: |  | 242 |
Total members' funds: |  | 242

The notes form part of these financial statements

# NSN BASKETBALL ACADEMY CIC

## Balance sheet statements

For the year ending 30 June 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 30 March 2026
and signed on behalf of the board by:

Name: Wilfred Nsofor
Status: Director

The notes form part of these financial statements

# NSN BASKETBALL ACADEMY CIC

## Notes to the Financial Statements

for the Period Ended 30 June 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

# NSN BASKETBALL ACADEMY CIC

## Notes to the Financial Statements

for the Period Ended 30 June 2025

- ## 2. Employees

  | 13 months to 30 June 2025
  --- | ---
  Average number of employees during the period | 0 |

# COMMUNITY INTEREST ANNUAL REPORT

### NSN BASKETBALL ACADEMY CIC

### Company Number: 15760982 (England and Wales)

### Year Ending: 30 June 2025

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. During the financial year, we have continued to deliver a wide range of basketball-based programmes designed to engage, develop, and empower individuals across the community, from young people through to adults. Using basketball as a central tool, we have provided structured training sessions, competitive opportunities, and community outreach initiatives that promote physical health, personal development, and social inclusion. We have focused on creating accessible opportunities for participation by heavily subsidising our basketball provision. This has ensured that individuals from a wide range of socio-economic backgrounds are/were able to engage in regular physical activity and benefit from a safe, supportive, and inclusive environment. As a result, participation levels have remained strong, with continued growth in both youth and adult engagement. In addition to sports provision, we place a strong emphasis on personal development and pathways into employment. A number of young members have been supported into paid roles within the organisation, including coaching, officiating, and programme delivery. These opportunities are offered at rates above the national minimum wage, providing meaningful employment, developing transferable skills, and supporting financial independence. Our activities have delivered clear community benefits, including improved physical and mental wellbeing, increased community cohesion, and the development of positive role models. By combining sport with education and employment opportunities, we continues to make a measurable social impact and contribute positively to the local community.

Consultation with stakeholders

Stakeholder: Participant (Youth 1) Background: Youth A joined the programme with challenges relating to behaviour and attitude when interacting with others. These difficulties were linked to underlying mental health challenges, which affected his engagement both on and off the court. Consultation Method: Ongoing one-to-one discussions with coaches Informal check-ins during and after sessions Observational feedback from coaching staff Feedback Identified: Youth A responded positively to structured environments Required consistent boundaries alongside encouragement Benefited from feeling part of a supportive team Action Taken: Maintained clear behavioural expectations and consistent routines Provided regular encouragement and constructive feedback Created an inclusive, supportive team environment OutcomeImpact: Marked improvement in behaviour and attitude Increased ability to engage positively with peers and coaches Significant shift in overall outlook on life, with improved confidence and emotional control Stakeholder: Participant (Youth B) Background: Since joining the programme, Youth B has shown strong commitment and reliability. He demonstrated potential not only as a player but also as a role model for younger participants. Consultation Method: Informal discussions with coaching staff regarding progression opportunities Feedback from programme staff observing his engagement and leadership qualities Ongoing dialogue around responsibilities within the programme Feedback Identified: Youth B was ready for increased responsibility Demonstrated capability to support delivery of sessions Would benefit from opportunities that support independence and development Action Taken: Provided Youth B with the opportunity to assist in delivering weekly youth sessions (Thursday evenings) Introduced structured responsibilities within coaching activities Supported his transition into a leadership role OutcomeImpact: Gained financial empowerment through paid involvement in sessions Developed leadership, communication, and organisational skills Increased confidence and sense of responsibility Strengthened engagement with the programme and wider community

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
30 March 2026

And signed on behalf of the board by:
Name: Wilfred Nsofor
Status: Director