THE PLAN B AP COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
14272810 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2025

Period of accounts

Start date: 1 September 2024

End date: 31 August 2025

THE PLAN B AP COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 August 2025

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

THE PLAN B AP COMMUNITY INTEREST COMPANY

Directors' report period ended 31 August 2025

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

Principal activities of the company

The company is a Community Interest Company (CIC). As such, the CIC's activities are outlined in the Community Interest Annual Report that is included within this filing.



Directors

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

Victoria Marie Gillard
John Barry Gillard
Stuart Mcclellen


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
28 May 2026

And signed on behalf of the board by:
Name: Victoria Marie Gillard
Status: Director

THE PLAN B AP COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 August 2025

2025 2024


£

£
Turnover: 618,941 390,193
Cost of sales: ( 19,386 ) ( 18,254 )
Gross profit(or loss): 599,555 371,939
Distribution costs: ( 10,683 ) ( 6,295 )
Administrative expenses: ( 556,444 ) ( 356,034 )
Other operating income: 1,605 705
Operating profit(or loss): 34,033 10,315
Interest payable and similar charges: ( 727 ) ( 781 )
Profit(or loss) before tax: 33,306 9,534
Profit(or loss) for the financial year: 33,306 9,534

THE PLAN B AP COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 25,863 19,039
Total fixed assets: 25,863 19,039
Current assets
Debtors: 4 162,133 192,898
Cash at bank and in hand: 74,496 82,604
Total current assets: 236,629 275,502
Creditors: amounts falling due within one year: 5 ( 226,196 ) ( 266,551 )
Net current assets (liabilities): 10,433 8,951
Total assets less current liabilities: 36,296 27,990
Creditors: amounts falling due after more than one year: 6 ( 25,000 ) ( 50,000 )
Total net assets (liabilities): 11,296 (22,010)
Members' funds
Profit and loss account: 11,296 ( 22,010)
Total members' funds: 11,296 (22,010)

The notes form part of these financial statements

THE PLAN B AP COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 August 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 28 May 2026
and signed on behalf of the board by:

Name: Victoria Marie Gillard
Status: Director

The notes form part of these financial statements

THE PLAN B AP COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 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

    Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to the buyer. Revenue 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. Grants and funding are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant/funding conditions will be met, and the grants will be received. Grants and funding that specify performance conditions are recognised in Other Operating Income when the performance conditions are met. Where grant or funding income does not specify performance conditions, it is recognised in income when the proceeds are received or receivable. Grants and funding received before the recognition criteria are satisfied is recognised as a liability.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: - Land and buildings - 25 years - Plant and machinery - 5 years - Fixtures and fittings - 5 years - Vehicles - 10 years - Office Equipment - 3 years

    Other accounting policies

    Functional and presentation currency The financial statements are presented in sterling and this is the functional currency of the company. Going concern After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements. Employee benefits Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period. Foreign currency translation Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

THE PLAN B AP COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 10 10

THE PLAN B AP COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2024 9,079 7,063 9,450 25,592
Additions 12,080 2,388 5,795 20,263
Disposals ( 4,970 ) ( 14 ) ( 3,300 ) ( 8,284 )
Revaluations
Transfers
At 31 August 2025 16,189 9,437 11,945 37,571
Depreciation
At 1 September 2024 1,855 3,819 879 6,553
Charge for year 3,026 2,913 1,162 7,101
On disposals ( 1,311 ) ( 10 ) ( 625 ) ( 1,946 )
Other adjustments
At 31 August 2025 3,570 6,722 1,416 11,708
Net book value
At 31 August 2025 12,619 2,715 10,529 25,863
At 31 August 2024 7,224 3,244 8,571 19,039

THE PLAN B AP COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Debtors

2025 2024
£ £
Trade debtors 156,477 188,073
Prepayments and accrued income 2,666 4,825
Other debtors 2,990
Total 162,133 192,898

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

THE PLAN B AP COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 8,985 11,483
Taxation and social security 230
Accruals and deferred income 168,561 209,438
Other creditors 48,650 45,400
Total 226,196 266,551

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. In the current year, 'bank borrowings and overdrafts' have been reclassified as 'other creditors to reflect the substance of the company's underlying financial arrangements.

THE PLAN B AP COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2025

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

2025 2024
£ £
Other creditors 25,000 50,000
Total 25,000 50,000

Long-term creditors comprise an unsecured and non-interest bearing loan from a related party, Treebeard. The loan is measured at amortised cost. Repayments of £1,000 per month commenced in September 2024. The portion of the loan repayable within twelve months of the reporting date has been classified within creditors due within one year.

COMMUNITY INTEREST ANNUAL REPORT

THE PLAN B AP COMMUNITY INTEREST COMPANY

Company Number: 14272810 (England and Wales)

Year Ending: 31 August 2025

Company activities and impact

Plan B AP CIC (Plan B) continues to provide alternative education and vocational learning opportunities for young people who face barriers to engaging with mainstream education. Based in Gosport, Hampshire, the organisation supports young people aged 10 to 24 from Southampton, Portsmouth, Havant and surrounding communities who may be struggling within traditional education settings, at risk of offending or exploitation, or not currently in education, employment or training. The organisation’s approach recognises that traditional education pathways are not always suitable for every young person. Plan B therefore provides an alternative learning environment where students can re-engage with education through practical activities, vocational training and supportive mentoring designed to build confidence, independence and employability skills. A central element of Plan B’s work continues to be vocational education delivered through practical workshop-based activities. Students take part in programmes including carpentry, boat building, bike engineering and other construction-related projects, as well as creative production activities such as canvas creations and 3D printing. These activities help students develop transferable practical skills, teamwork and problem-solving abilities. Marine and outdoor learning also form an important part of the organisation’s educational programmes. Students participate in activities such as sailing, rowing, kayaking and other water-based experiences under the supervision of qualified instructors. These programmes help develop resilience, teamwork and confidence while introducing students to maritime environments and skills connected to the marine industry. Plan B also operates the Plan B Sea School, which is an RYA recognised training centre providing both theory and practical training opportunities. Through this provision, students can work towards recognised maritime qualifications and develop navigation, seamanship and other practical skills that may support future employment opportunities within the marine sector. Alongside vocational and marine-based programmes, the organisation provides a range of creative and media-related learning opportunities including music sessions, media production and other creative activities. These programmes encourage students to explore different interests while developing communication and creative skills. The organisation also supports wider personal development through life-skills and wellbeing activities such as cooking, sports and recreation, animal care and social development opportunities. These activities help students develop independence, confidence and positive engagement with their peers and the wider community. Students are also involved in community engagement activities including off-site visits, community events and social enterprise projects such as designing and producing items for local markets. These experiences provide practical real-world learning opportunities and help students build confidence when interacting within the community. During the year, Plan B’s vocational boat-building programme also received wider recognition through coverage in the international boating publication Practical Boat Owner, highlighting the positive educational impact of the organisation’s practical learning approach. Through this combination of vocational training, marine education, creative learning and community engagement, Plan B AP CIC continues to deliver meaningful community benefit by supporting young people who face barriers within traditional education systems and helping them develop the skills, confidence and motivation needed to progress towards positive future opportunities.

Consultation with stakeholders

The company’s stakeholders include the directors and staff of Plan B AP CIC, the students who participate in its programmes, and the families, carers and educational partners who support the young people attending the organisation. The organisation maintains regular communication with these stakeholders to ensure that its activities continue to meet the needs of the young people it supports and remain aligned with its community interest objectives. Particular emphasis is placed on engagement with Schools and Local Authorities, who represent key stakeholders in the delivery and oversight of the organisation’s services. Communication with these stakeholders is both formal and informal, taking place on an ongoing basis in relation to individual students, programme delivery, and broader service provision. Informal engagement takes place frequently throughout the week during programme delivery, where staff interact with students during educational sessions and activities. These interactions provide opportunities for ongoing feedback, monitoring of student engagement and evaluation of the programmes being delivered. In addition to day-to-day engagement, the organisation holds regular meetings and reviews with Schools, Local Authorities and other stakeholders to discuss student progress, programme effectiveness and operational matters. The organisation also participates in inspections, audits and reviews where required, ensuring that its systems and processes meet stakeholder expectations and regulatory requirements. Feedback from students, parents and carers also plays an important role in shaping the organisation’s activities. This helps ensure that programmes remain responsive to the needs of the young people attending Plan B. The organisation also works alongside a number of local businesses, charities, sporting organisations and industry partners who support its educational activities and vocational training opportunities. These partnerships help strengthen the organisation’s connection with the local community and provide additional opportunities for collaboration and student development. Through ongoing engagement with its stakeholders, Plan B AP CIC continues to ensure that its activities remain focused on delivering community benefit while supporting young people in developing positive educational and personal outcomes.

Directors' remuneration

Total directors’ remuneration was £ 65,737.11/ There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for the director’s loss of office, which required to be disclosed.

Transfer of assets

During the year, the company received certain assets at no cost or below market value, including donated kitchen equipment, catering equipment, sewing machines and a motor vehicle. These items have been recognised in the accounts at an appropriate value in accordance with applicable accounting standards. The company has not made any transfers of assets other than for full consideration during the period.

This report was approved by the board of directors on
28 May 2026

And signed on behalf of the board by:
Name: Victoria Marie Gillard
Status: Director