for the Period Ended 30 September 2020
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 30 September 2020
Principal activities of the company
Additional information
Statement of Directors' ResponsibilitiesThe directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:select suitable accounting policies and then apply them consistently;make judgments and accounting estimates that are reasonable and prudent;prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.Small Company RulesThis report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Directors
The directors shown below have held office during the whole of the period from
1 October 2019 to 30 September 2020
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
2020 | 15 months to 30 September 2019 | |
---|---|---|
| £ | £ |
Turnover: | | |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | ( |
Profit(or loss) before tax: | | ( |
Profit(or loss) for the financial year: | | ( |
As at
Notes | 2020 | 15 months to 30 September 2019 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | ( | ( | |
Total assets less current liabilities: | ( | ( | |
Total net assets (liabilities): | ( | ( | |
Members' funds | |||
Profit and loss account: | ( | ( | |
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 30 September 2020
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 30 September 2020
2020 | 15 months to 30 September 2019 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 30 September 2020
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 October 2019 | | | ||||
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 September 2020 | | | ||||
Depreciation | ||||||
At 1 October 2019 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 30 September 2020 | | | ||||
Net book value | ||||||
At 30 September 2020 | | | ||||
At 30 September 2019 | | |
for the Period Ended 30 September 2020
2020 | 15 months to 30 September 2019 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Other debtors | | |
Total | | |
for the Period Ended 30 September 2020
2020 | 15 months to 30 September 2019 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
Greater London Supported Accommodation CIC provides and facilitates the provision of housing, social housing, supported housing and specialised supported housing to the vulnerable members of society. The company also provides access to pre-vocational studies and work-like activities for therapeutic purposes. The company also provides intensive and low level housing management as well as the support and supervision of supported tenancies.The company sources accommodation in the private sector, at the request of the NHS Clinical Commissioning Groups and Adult Social Services and the company is currently working with five London Boroughs. The vulnerable persons are accommodated in properties that they would not otherwise have access to such a high quality accommodation due to the criteria imposed on renting from the private sector. Greater London Supported Accommodation CIC intervenes to take that imposition away from the prospective tenants and the company supports vulnerable adults to source, sustain and maintain their tenancies and move to live more independently from specialised twenty-four hour supported living accommodation to independent living with support. The company activities have benefited the local community by not only supporting the local private sector housing economy but also helped to transform the lives of the vulnerable persons in our accommodations who are introduced to the use of local services in the local community, thereby contributing to the local economy. There are now over ninety vulnerable persons which the company supports, with growth for more placements in the community in the near future. However, due to the coronavirus pandemic and subsequent restrictions, there were great limitations imposed in the year on access to local and public services, therefore therapeutic activities were very limited due to social distancing rules.
The stakeholders are vulnerable persons in specialised supported accommodation provided by Greater London Supported Accommodation CIC. The stakeholders are consulted as part of regular key-working sessions with their tenancy support workers on an ongoing basis. The company has identified specialist requirements for adaptations to the personal living spaces from these consultations and better identified the needs of the stakeholders as to what would make living in the community more accessible and provided more support in areas such as area maps, local residents guides and access to the services available to the local communities. The stakeholders expressed that they were kept well informed by the tenancy support workers about the government restrictions throughout the coronavirus lockdowns, and have expressed satisfaction that they were given the extra support by the company throughout the pandemic.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
27 June 2021
And signed on behalf of the board by:
Name: Miss Raminder Kahlon
Status: Director