for the Period Ended 31 December 2022
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
Called up share capital not paid: | | | |
Fixed assets | |||
Intangible assets: | | | |
Tangible assets: | 3 | | |
Investments: | | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | 4 | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Investments: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 7 | ( | ( |
Provision for liabilities: | ( | ( | |
Accruals and deferred income: | | | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Share premium account: | | | |
Other reserves: | | | |
Profit and loss account: | | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
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 2022
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 December 2022
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2022 | | | | | | |
Additions | | | | | | |
Disposals | | | | | | |
Revaluations | | | | | | |
Transfers | | | | | | |
At 31 December 2022 | | | | | | |
Depreciation | ||||||
At 1 January 2022 | | | | | | |
Charge for year | | | | | | |
On disposals | | | | | | |
Other adjustments | | | | | | |
At 31 December 2022 | | | | | | |
Net book value | ||||||
At 31 December 2022 | | | | | | |
At 31 December 2021 | | | | | | |
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Stocks | | |
Payments on account | | |
Total | | |
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
Debtors due after more than one year: | | |
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Amounts due under finance leases and hire purchase contracts | | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Amounts due under finance leases and hire purchase contracts | | |
Other creditors | | |
Total | | |
The company provides physical activity, sport and education services for children, young people and adults in Hampshire, focusing on supporting and improving physical, mental and social wellbeing through its activities.In the company’s fourth year to 31st December 2022 it has benefitted the community in the following ways;- Continued investment in and delivery of physically active learning maths and English sessions in Primary and Special Educational Need (SEN) schools as an intervention programme to support children’s attainment and confidence in the subject area. -Delivered physical activity, sport and education programmes in a range of school settings, both curricular and extra-curricular activities.-To continue to support children’s physical, mental and social wellbeing following the continued long-term impact of COVID-19, the company continued to provide funded physical education and sport provision to schools across Hampshire. Over the year we funded 378 hours of PE and school sport, engaging 810 children which represented a total investment of £8,316.-In 2021 the Department for Education launched the ‘Holiday Activities and Food’ programme (HAFP), providing funding for children eligible for benefit related free school meals (FSM) to attend school holiday activities and receive a hot meal each day. The company was a provider for Hampshire County Council and Southampton City Council, running 11 venues with the total number of funded days for the year being over 10,000. As HAFP funding only covers 6 weeks of holiday periods annually, as part of the company’s social reinvestment strategy, our procurement application included reinvesting part of the allocated funds during holiday periods not covered by the HAFP. This additional funding used the same criteria for the HAFP, providing vital support to families all year round and at other crucial pinch points in the year. For the year this investment totalled £7,000.-As a ‘Real Living Wage’ (RLW) employer (Accredited February 2022) we commit to paying our employees at least the RLW, an independently calculated rate. With the cost of living crisis taking hold in 2022 this was directly impacting our employees health and wellbeing, to support this and ensure they could continue to offer exceptional levels of service, we introduced the new rate set in September 2022 from October 1st 2022. The RLW deadline to implement was Spring 2024, meeting this commitment early meant an investment of £4,500 for the 3 months to end FY2022.-In September 2022 we introduced ‘Mini Me Yoga’ as a new product/service offering to schools and communities to meet their health and wellbeing needs. This included investment costs in employing a ‘Health and Wellbeing Strategic Lead’ of £8,136, and £3,000 in employee training to deliver the new service to our stakeholders.-As part of our long term strategic plan we delivered our first county (Hampshire) ‘Health and Wellbeing Conference’ in November 2022. The conference aim was to bring together people from the education, sport and leisure sector, providing them specialist workshops, training, guidance and support strategies on how to support and improve people’s health and wellbeing in their workplace – both the children and staff in their care. To remove barriers we were able to provide the free of charge for delegates to attend, with a total attendance of 92, and a total investment of £16,500.
The company engages with a range of stakeholders including local authorities, primary and secondary schools, parents/guardians of children and young people, and the children and young people themselves.The company directors regularly engage with all stakeholders through a variety of channels to identify their needs and what services we can provide to support them effectively. This includes;-Meetings with local authorities and other stakeholders to identify target populations who would benefit from services offered regarding health and wellbeing. This has lead to establishing new venues to offer ‘Holiday Activities and Food’ programmes in areas identified by the authority as in need.-Regular meetings with, and surveys gathered from senior leaders in schools to identify how our services can support their pupils and the wider school community. This has lead to research and development into new services and products that support health and wellbeing, i.e. yoga and swimming.-Surveys to parents/guardians of children in the community where the company ran Active Holiday Childcare services, identifying their needs for the childcare provision, i.e. times, dates, activities and any other key needs. This helped the company tailor its provision to accommodate the needs, and ensure it was accessible to everyone. This has lead to us reducing prices of some services during the winter months to support families through the sharp increase in cost of living, i.e. energy and food costs. -Setting up and running of focus/steering groups to help guide and support company strategy to ensure we meet community needs, i.e. parents/guardians and school senior leaders. Meetings are held quarterly with each group, company Senior Management are present at all meetings.-Conferences, meetings and surveys of employees and other internal stakeholders. This allows us to ensure we continue offering an excellent place to work and we can meet our teams needs, including their health and wellbeing. An example of this is becoming an accredited Real Living Wage employer, and increasing staff pay in line with new rates 6 months before the deadline.
Directors’ remuneration is detailed in the company accounts.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
15 September 2023
And signed on behalf of the board by:
Name: Will Atterbury
Status: Director