for the Period Ended 31 December 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 December 2025
Directors
The directors shown below have held office during the whole of the period from
1 January 2025
to
31 December 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
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
( |
( |
| Administrative expenses: |
(
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(
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| Other operating income: |
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| Operating profit(or loss): |
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( |
| Interest payable and similar charges: |
(
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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 | 2025 | 2024 | |
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£ |
£ |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 3 |
(
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(
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| Net current assets (liabilities): |
( |
( |
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| Total assets less current liabilities: |
( |
( |
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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 December 2025
Basis of measurement and preparation
for the Period Ended 31 December 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 December 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income |
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| Other creditors |
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| Total |
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This has been a significant year for NOV Way CIC. In our 4th anniversary year, we have expanded our programmes, strengthened our partnerships, and, most importantly,supported hundreds of underrepresented individuals to build confidence, experience joy, and find a sense of belonging through movement. Our long-term mission is to engage 2,000 people in running and physical activity across Brent by 2030. Since our inception, our aim has been to make running and movement accessible, inclusive, and enjoyable for those who have historically felt excluded or unsupported. Delivering this in Brent - one of London's most diverse boroughs - remains central to our purpose. During the year, this mission translated into tangible and meaningful impact. Over 650 adults (aged 18+) joined our run club and wider community, accessing coaching, peer support, and social connection. Weekly attendance at our Monday evening sessions increased to approximately 100 participants, demonstrating strong engagement and retention. Demand from previously inactive residents also led to the development of a walking group, further broadening access to movement.
Stakeholder engagement remains central to the organisation's development, responsiveness, and sustainability. The organisation is led by its Directors, supported by a committee of 12 individuals with lived experience of the communities we serve. The committee meets monthly and maintains regular communication through digital channels, enabling responsive and continuous decision-making. Key Stakeholders and Engagement Methods Community (local residents and community leaders) We maintain an active presence within the community, particularly through our base at Chalkhill Community Centre. Engagement takes place through in-person interactions, programme delivery, and collaboration with grassroots organisations and local leaders.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
22 April 2026
And signed on behalf of the board by:
Name: Rifatara Mahmud
Status: Director