NASKAM COMMUNITY INTEREST COMPANY
NASKAM COMMUNITY INTEREST COMPANY
NASKAM COMMUNITY INTEREST COMPANY
Company limited by guarantee
Company Registration Number:
09172287 (England and Wales)
Unaudited statutory accounts for the year ended 31 August 2022
Period of accounts
Start date: 1 September 2021
End date: 31 August 2022
NASKAM COMMUNITY INTEREST COMPANY
Contents of the Financial Statements
for the Period Ended 31 August 2022
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
NASKAM COMMUNITY INTEREST COMPANY
Balance sheet
As at
Notes | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
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: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | ( |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
NASKAM COMMUNITY INTEREST COMPANY
Balance sheet 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
NASKAM COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 August 2022
-
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
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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. Tangible fixed assets depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Fixtures, fittings, tools and equipment - over 5yrs
NASKAM COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 August 2022
-
2. Employees
2022 2021 Average number of employees during the period 6 3
NASKAM COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 August 2022
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 September 2021 | | | | |||
Additions | | | ||||
Disposals | ( | ( | ||||
Revaluations | ||||||
Transfers | ||||||
At 31 August 2022 | | | | |||
Depreciation | ||||||
At 1 September 2021 | | | | |||
Charge for year | | | ||||
On disposals | ( | ( | ||||
Other adjustments | ||||||
At 31 August 2022 | | | | |||
Net book value | ||||||
At 31 August 2022 | | | | |||
At 31 August 2021 | | | |
NASKAM COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 August 2022
4. Debtors
2022 | 2021 | |
---|---|---|
£ | £ | |
Other debtors | | |
Total | | |
NASKAM COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 August 2022
5. Creditors: amounts falling due within one year note
2022 | 2021 | |
---|---|---|
£ | £ | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
NASKAM COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 August 2022
6. Creditors: amounts falling due after more than one year note
2022 | 2021 | |
---|---|---|
£ | £ | |
Other creditors | | |
Total | | |
NASKAM COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 August 2022
7. Loans to directors
Name of director receiving advance or credit: | |
Description of the transaction: | |
| |
£ | |
---|---|
Balance at 31 August 2021 | |
Advances or credits made: | |
Advances or credits repaid: | |
Balance at 31 August 2022 | |
| |
Name of director receiving advance or credit: | |
Description of the transaction: | |
| |
£ | |
Balance at 31 August 2021 | |
Advances or credits made: | |
Advances or credits repaid: | |
Balance at 31 August 2022 | |
| |
Name of director receiving advance or credit: | |
Description of the transaction: | |
| |
£ | |
Balance at 31 August 2021 | |
Advances or credits made: | |
Advances or credits repaid: | |
Balance at 31 August 2022 | |
COMMUNITY INTEREST ANNUAL REPORT
NASKAM COMMUNITY INTEREST COMPANY
Company Number: 09172287 (England and Wales)
Year Ending: 31 August 2022
We have developed from a 6bed room supported accommodation to a 51-bedroom supported accommodation. Naskam CIC provides support to vulnerable adults within our community to enable them to reintegrate back into society. We work more closely with Ex-Offenders and vulnerable adults with Sub-Stance Misuse issues. NASKAM will no longer be limited to providing housing for Ex-Offender but also for Vulnerable Adults experiencing Mental Health Disorder under section117 of the Mental Health Act providing aftercare service intended to meet the needs that arises from or relates to mental health problems and also, section 18 for housing provisions. NASKAM will be providing these Mental Health Support need in the community and our first provision will be in Long Eaton, Tamworth Road NG10.Naskam has continues to develop in providing safer housing and environment for our Service Users. We have expanded into Mansfield taking the total number of bed space to 63 as a result of taking on the tenancy of the Midland Hotel. Once all compliance requirements are met, the property will be fully operation. We are ambitious in our goals to continue in providing a high standard of accommodations for our Service Users enabling effective intervention for rehabilitation and reintegration through reduction of risk of recidivist’s behaviours. Our external working partnership with key stakeholders continues to grow from strength to strength and, we continue in envisaging better working relationships with all of our partners.Naskam has also established a partnership with The Nottingham Trent University through the ESF support for Black-Led Business the High Level Skills (HLS) programme supports local and diverse businesses to develop the skills and talent needed for healthy growth. We liaise with the DLNR Probation Services to provide support package that meet the individual need with our community. Our support ranges from Accommodation and Independent Living Skills, Education Training and Employment, Debt, Finance and Budgeting Skills, Physical and Mental Health, Offending Behaviour and Substance Misuse to Community and Social Relationship. We also offer mentoring within the community to encourage and support our Service Users to build their self-confidence, esteem and self-worth by engaging with services and activities in the community.The work we do benefit the community greatly as it helps to reduce the risks of recidivist activities and the local police and community, we serve are supportive in our effort to building a better and more prosperous community.We continue to support our clients and our community to ensure that our community and Service Users benefitted from the service we provide to them on a day-to-day basis.We continue to work hard for our local communities through the “Building Better Communities initiative”. We believe in our collective efforts to enable the vulnerable within our respective communities to live a life of dignity and prosperity.
Our stakeholders are:Our Service users, Ex-offenders, Vulnerable adults with Substances Misuse issues. The DLNR Probation services, National Offenders Management Service, Nottingham City Council, Our Volunteers, Community Centres where we sometimes meet to discuss social exclusion barriers that Ex-Offenders face with in their local community and wider communities.Our Service Users and Volunteers are consulted on a daily and weekly basis by means of a weekly Support Meetings with our Service Users which records progress been made in relation meeting set goals and feedbacks on progress been made and our Volunteers by means of daily meetings and weekly evaluation of meeting goals and targets sets out earlier in the week.We also do end-of-year evaluation by means of a short questionnaire with our Service User, their family members to assess areas for improvements. Mentors, Offender Managers from the DLNR Probation Services, NOMS of the Ministry of Justice, Support Workers and heads of departments were also consulted regularly.Our work within our respective communities continues to make positive contribution in building better communities, communities’ social cohesion, promoting safer environments. Our work in our community also involved supporting local sport team such Hyson Green Cavaliers Youth Football Team in Hyson Green, Nottingham, Wez Burke PMG amongst others.Communities are the backbone of social development and each and every contribution makes it a little easier to enable individuals to grow, be a productive member in their respective communities and together building better and prosperous communities.NASKAM CIC is proud to be able to affect change to our immediate and wider communities.
The total amount paid or receivable by directors in respect of qualifying services was £51,000.All other transactions or arrangements have been disclosed as per the accounts.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
30 June 2023
And signed on behalf of the board by:
Name: Mr Mustapha Kamara
Status: Director