REGISTERED CUMPAYL Y NUMBER: 02647131 (FJngland 2nd Wales)
REC.ISTERED CHARJTY NUMBER: 1005302
REPORT OF THE TRUSTEES AND
FINANCIAI..gTATF.MFNTS FOR THE YEAR ENDED 31ST MARCII 2024
'OR
NEW DIRECTION.q (RUGBY) LIMITED
Atkinson Finch & Co
Chartered Acco(Intants
Central Chainbers
4547 Albert Street
Rugby
W<irwickshire
(."V212SCJ

NEW DIRECTIONS OiUGBY) LIMITED
CONTENTS OF THE FINANCIAL STATEMENL TS
FOR THE YFAR ENDF,D 31ST MARCH 2024
Page
Reprjrt of the Trustces
Report of the Independcnt Auditors
StAtcment of Financial Aetlvltles
12
Balance Sheet
13
Cash Flow Statement
14
Note$ to the Cash Flow SIAtemenl
15
Notes lo the Financial St8lement$
16 10 25

NEW DIRLCTIONS (RUGBY) LILMITED (REGlS'fLRED NUMBER: 02647131)
REPORT ()F THE TRUS'I'EES
FOR THE YEAR ENDED 31ST JMARCH 2024
The trtistces who arc also directors of thc cliariry for the PUTptsses of the Companies Act 2006, prcscnt their report with
rhe linancial statenienls of the charity for the year ended 31 st Mai'ch 2024. The trnstees have adopted the provisions of
Accounting and Reporting by Cl)Arilies'. Statement t)f Recommended Practice applicable lo charities preparing their
2ccoiinLs in accordc2nce with tlie Financial Reporting Standard applicable in tlie UK and Republic of Ireland (FRS 102)
(eff¢Ltiv¢ l January 2019).
Ncw Directions {Rugby) Liinitcd (New DireLtions} providcs liou%ing and support to ￿lI)erable people, incliiding adults
witli learning disabilities. Tli¢ Cl)2rity provid¢s residcntial and respit¢ support in Ihc Charity's own bespokc hom¢s,
support to people livin¥ in their oivn homes und also ihrough day opportunities and sessional services.
OILIECTtIT.S AND ACTtVlTIES
()bjectives 4?nd aims
Tlie Cliarily'.q objectives clre sel oiil in th¢ Articles of Association biit hav¢ been siininiarised for the benefit of the
Inspeclii)n Service under Il)e Care 8iandard.8 Act and the F.ssential 8tandard£ of Quality and Safety, as follows-.
l. The provision and facilitation of hoiising, social hoiising, supportcd lioiising and specialised supported housing lo
vulnerable members of society;
2. The provigion of rcsidenli81 and day care fa¢ilities for viilnerable and leaming disic bled people. either on a long-lenn
basis ur on a sliort-temi basis, and lo provide respite for those who are nonnally cared for by their families, carers or
uardi41ns.'
-1. Th¢ provision of trdnsition ski115 traiiiin￿laCIIitLcs for vulnerable and learning disabled peoplc to enable them to
legrn how 10 live in Ilieir own hoines now and in the funire:
4. The provision of facilities, in the interests of social welfare, for educlltion, volunteeriTrg, el￿p10yrnenI and for the
r¢creAlion of such pcrsons and genernlly such faciliti¢s and s¢rvicLs as shall be cal¢ulatcd to 8lleviate iheir nceds.
Our Mission And Vi.4inn is.. To make a posilive differenLL to the lives of vulnerable people. including thosc with
IL'iirninb disÈibilities, by proinoling their rigl)ls. independence, choic¢s. inclusion and by providing support and
opportuiiities for thein 10 lead fulfilling lives.
To providc & ran¥c of qualiiy acLominodation, as well as SUPPL)rt ul home unit supported livin¥ support, and scrvices lo
pLople willi learning, di.5abilitie.s and tl)eir familieslcarers lo promote their self-respe¢t, individuality, dignity and to
eiisure Il)Cy Ilre safe Lind ablc lo aLI?i¢'v¢ ilieir goals ¢ind wishL's.
Wc Ilelieve:
vcryonc is equal and should118ve the saine chance% and choices in life
People will) Icarning disabilitie.q should be li.stened to and qupported to make choices that are right for them
That the views of families, friends, carcrs and slaft'are very important and should be heard
People shoLild bc supported anil encouragcd lo be as independent as their potcntial allows
Tliat we should always strive to improve our services and adapt Il)em lo the changing needs of the people wc support
wl)ilst eiisuring value for money services
We Ivill do that:
By putting tlie intcrcsts of vulncrablc people. including tliose with Icaming disabilities, and their families at the heart
of everything we do. listening to their wishes. hopes and aspirations ot'their futures.
By adopting a person centred approach, promoting individual choice, independence and by valuing and treating
everyone with dignity and respect.
Page I

NEW DIRECTIONS (RUGBY) LIMITED (REGISTERED NUMBER: 02647J311
REPORT OF TFIE TRUSTEF.S
FOR'fHE YEAR ENDED 31ST MARCH 2024
By providing high quality accommodation and support through a range of residential, supported living, short
staylrespite, honie care option5, day. leisure, social activities and support towards volunteering or ¢mployinent
opportunities.
By ensuringy our st42ff are well supported. trained, liibihly inorivated, able to deliver tlie Iiigliest quality individually
lailor¢d support services to eacl) pcrsoi) wc are responsiblc lor.
By strivillg to improve scrviLes, to coniinually raise lo¢al gwareness, proinoting the positive contribLltion and potential
of people with a learning disabilily within thcir c4)mmunity.
New Direciions is commilled lo enhance tile rights. iDd¢p¢nd¢i)¢¢. ¢hoicc and inclusion of people with disabilities and
lo provide opportunities for Ihein lo lead full and puJy()seful lives and to be involved in tlie coininunity they live in.
Public benefit
The Charity cxisls to support vulncrable p¢oplc, inLludin¥ Ihos¥ with l¥an)in¥ disubililiLs. Ilicir faii)ilies and ¢ai'crs,' Ilieir
choices and wishes are ai Ihe vcry lieic rt of cverytliiiig we do, tl)rough our person
Lenlied 4crviLe%. Our links with
faniilies, fri¥nds and carcrs are very iinponani lo tli¢ Cl)arity and wc aiin lo maintain dies¢ and offer support as far as we
are able. Thc Charity regularly reviews Ilie ways in wliich il enga8CS Wltl) pcoplc who us¢ tli¢ scrviLes, fainilies, friLnds
and carers. Cutreni engageinent inetliods include newsletters, ￿nalIs, social Inedia and Ineelings with individuals.
In setting the Charity's objeclives and stralegics we have siven due consideralion to the Cl?arity Coittinission'.% guidance
on public benefit.
The Charity CU￿e￿ilY supports over 130 people with a disability and eiiiploys over 170 people froin Rugby and tlie
surrounding areas.
We also work with local schools, colleges and businesses to improvc their undcrstunding of disability issues, facilitate
opportunities for joint partnership working and more inclusion for people with disabilities, both in the cominiii)ity and
within social i)ctworks. W¢ work in partnersliip with local group% ai)d cliarilieb 10 shiirc our rCSou￿¢S wherever we can
including offcrin&' room hirc within our buildings at atlord1£ ble rdtes.
AC.IIIEVEMFJiYT AND PERFORMANCE
Charit#ble actlviiles
The Clidrity continu¢s lo ￿ns01]date its fingmcial reserves endbling il lo invest in innovative new developments ai)d
services to Ineel the needs of its exisling and future Customers.
Poppy Plac¢ and Vicarage Road remain our two resid¢ntial hoi))es for the niajority of 202314 suppoiting a ioral of 12
peopl¢ with disabilities duringy the year witli Poppy Plucc aLhicvin& full OLCUP(Incy by thL Lnd of tli¢ financial year.
January 2024 wc successfully opencd Daisy CoLIrt, our newly built 10 bed care homc wliicl) replaced ViGura8e Rodd, to
ensure a fully acces5iblc carc hoine for Ihobc IVC SUPPOrt.
MilnLr House, our residLnlial respil¢ service l)as seen a great ii)crease in Ilic i)uinber of refcrrals, especially from tlie
Transitions Team of WJnYickshire County Council with occupancy rates hitting all-lime high of 910/0. WL Lontii)ue
to work with our fundcrs to Ineet tl)e increasing l¢vel of d¢mc1nd, identifying new people to support and to niaximisc tlie
inconie of the propety ta ensure that wc can sccure the long-iern) for the service as il is so vitsl for so niany
faniilics across Rugby and Warwickshir¢.
Coiminunity Choices Network ICCNI oiir day npporninities facility at The Exchange has also recovered well froiii tlie
longycr_lemi effects of the pandemic with attendance levcls returning lo near capacity.
Richmond Court, Gateway Court, Kings Court, Lennon Court and Qlieens CoLIrt continiie to offer 5UPPOrted hoii8ii)&. for
up to 75 pe()ple living iii thcir own flÉ11s, cnablinb Iliem lo live as independently as possible.
ot])er individual 15
supportcd wiihin their own home in Rugby.
Training compliance leve15 reaclicd above 950/0 across the org2c nisalion and staff surveys carried out in May 2023
demonsiraled a l O /0 increase in staff feeling valucd.
Page 2

NFW DIRECTIONI S (RUGBY) LIMITED (REGISTERED NUMBER: 02647131)
RF.PORT or THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
We liave rcceived a number of donations during the year including several from the families of the people we support
and our thanks go to these tamilies. One local family very generously donated a new accessible bath which has been
installed at Milncr House to replace an ob.qolete ni()del,
We £llso r¢ceived donations froin local cl?arities and businesges. The Inner Wheel of Rugby donated a fiirther £3.700
havinbs donatcd £2,300 in tlie previous financicll year and 'lforce' donated £ 1.000 tOWl£ rds the installatioi) of Ilie new baili
at Milner HoLlSe.
We received generous donations froin Sir Edw2rd Boughton Long Lawford Cliarity, and re¢cived funds r8ised by the
Gateway CILib which was dissolved duringy the year an<1 also froin 'Pai?tomaniic cg, who resolved that each year funds
raised from their seasonal Panlo pei'foiinanc¢s would be donated lo New Directions Rugby.
QIiAlity Assessment.$ nnd Achievements
.c￿re￿￿o1nI￿lss10n AssessinLnt
AII OLII. Iiomes and Se￿1ceS have received a "Good" rating, under the new assessment resime, with very positive
iiispection rLpons willi no aLlions to follow up.
Disabilily conf1d￿l Einployor
New Directions iiiaintains ils slams a.8 a Disability Confident Einployer: this is the successor lo 'Positive about
Disability,
FeedbAck And Involvement by the People we Support
CusliTrinLr dll(l .St?c k¥lioldLr Sdlisf4.¢liory Fe¢db1} Lk
The views of everyone involvcd willi Ilie Cliarily are very iiiiportant lo us. Wc obtain regular feedbaLk through
user-friendly queslionndires and dl%0 through gr()up Ineetings. These enable L'Ll8toiners and stakeholders to tell us what
ve Ilo well and whot they would like ti% io LhangJL. Our eleLtrunic feedbaLk fonns enabled even Inore pLople to give
fcc(Ibftck il)is year iviih Iiigher levels of %atisfaLlioi) being exprLssed aiid 96.8% of 115 respondents. caiegorising our
serviLe delivLry as eitl)er '(iood' or 'Very CiooII' giving detailed feedback ellch being able to submit it anonymously
sl)ould they cl)L)osc to.
Ibcrson Ccnlre_d_Plan.s
Lveryonc wc support has a person
centrcd plan. which involveq placing the individual at the centre of the plan. their
fainily and friend4 and suppoit staff. Thc.%c plans l& re reviewed aniiul£ Ily and arc a kcy part of our orgiinisalional
pliilosophy. We look £lt what 15 impot1ant lo th¢ indivi(fiial and how ihey can be .supportcd to achieve their needs and
desires.
Voice.8 and Ch￿l￿_￿S an.d_Tenants mtsÉtings
The pc()ple wc %upport mccl on ¢1 rcgiilar busis, siipportcd by invited staff members, in a Voiccq IL nd Choiceq mecting.
'rcnants' are also invited to qLiarterly meetings to discuss thcir Iiomes 1£ nd where Ihcy live. ￿le people we Support havc
the oppo￿]nity to niake siiggestions and to tell us aboiil their ideas al Ilicsc Ineetings. Thesc groups conliniie to be
involved in shaping ￿tt]re serviceg and lo play an active part in gtsvernance.
l)eveloping our Commur)ications
WL contiiiuc t() pmduce regiil<ir communications, whi¢l) are fonncitted in an 21 ccessible, e<lSy to read and understsndcible
Inrmal. Tlii5 ncwglettcr higlilight% Ihc Iichievemcnts aiid cidventures of oiir ¢uslomers staff along with fLiliirc
devclopnients. We also %end out email news updates, and infonnalion ihroiigh our facebook, Twitter, Linkedln and
Instagrain social media pau¢8 and throiigh iipdalcs on our website.
Tlie 'Siar of the Month" award which recogni7es the h1£ rd work and commitm¢nt of individi￿1 staff Membe￿ continues
lo be well received and Vc21ued aloiigside the Tenmwork and CEO'S Oulslanding Coniribution awards to rccognise our
staff in greatei. niimbcrs for their contributions.
Page 3

NEW DIREcfioNS IRUGBY) LIMITED (REGISTERED NUMBER: 02647131)
REPORT or THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
ACHIEVEMEiYf AND PERFORMANCE
D¢vcloping our Staff
New Dii'ections is committed to and invests in a coniprehensive staff training and development prograiniiie for all its
staff team, so they are knowlcdgeable, skilled. continually updated and to cnsure they can offer the highest quality of
services to people with learning disabilities. The improvementq put in place and felt over the last year in leniis of
lean)ing and development has seen near l 00 /0 complianLe in trdining dchi¢vLd across the organisalion and satisfaction
and feedback from staff on their development rise accordingly
The Board would like lo thank all the staff and volunteers for their hard work and dedication over Ilie last year.
Fllture Developments
During 2022-25 our strat¢gic objectives are:
To estsblish a purpose-built modern residential c(1re home within Rugby during 2023 5c> that we can meet our
cnmmitment tts those we ciirrently support and develop fully wheelehair aceessiblc liviiig optinns.
Continue to niaintain and increasc our occiipancy lcvcls within rcsidcnlial, respit¢ and supported living serviceq,
actively working with con)missi()ners, social workers gnd fi( Inilieq io fill vacancies acm5% IhL organi%alion wiil)in
the shortest liniescales possible.
To Inainloin fvll cost recovery whcn Icndcring for all ncw or existing work in order thai the organi.sation remain5
secure and pay rates for staff can rci))ain eompetilive. We are coinmitled in working witl) Warwicksliire County
Council lo inforni tlie Government's Fair C05t of Care exei'cise.
To It)aintain cach of our ¢xis1ing'good' ralin¥s fri)In our rc¥ulali)r,' Ihc Carc Quality Coinmission und actively
aspire lo aLhieve outstanding7 fdtingjs for ull of our services.
To coniinue to invL'sl in Chc rccruilincnl, reieniion and devLlopmLnl of our Lxisling and ncw 5t1iffineinb¢rs wlio
arc csscntial in delivcrin&i Laring>
F coinpassionatc and l)igh-quality p¢rson-Lenlred support- ac(ively celebrating
the diversity and dedication of our work(orce.
Work in partnership with commisgioncrs alongside otl)er providers to lielp shape and deliver niore flexible and
personalised Inodels of sUPPOrt that give greater LhoiLe and conlToI to Ihe individuals we support.
Having Lstablished a Learning and DLvclopmcnl Mdnagcr role wiiliin the or¥anisalion we are now delivering oui.
staff induction. development training prog?ratnmes Inore flexibly within the organisation to better iiieet t]ie
needs of our own staff and will conlinue lo work towards developing and delivering training in.lious¢ and in
partnersliip with others. mo.st iinportantly we will continue to thdnk, reward and develop all L)I'our staff d¢l'OSS
Ihc organisotion who have worked lirelcssly through an incredibly difficult year.
The Board is happy to report that the Charity is progressing well against all strategic objectives set. A realistic timelin¢
and largels for filling voids h¢ld wiihin supported living has been s¢1 for 202415.
FINANCIAL REVIEW
Review of past financlal year
The Charity has Iiad another successful year and conlinucs lo build its reservcs lo ensure the future security for tliose
people it supports.
2023124 saw Daisy Coun, our latest residential 10 bed care hotne development, officially opened by the Mayor of
Rugby on the 5th March 2024. Daisy Court helps 5afcguard thc ability of the chaTity to continue to support aiid provide
accessible accominodalion for aq long as anyone we support nceds it.
Pa¥c 4

,YEW DIRLCTIONS (RUGB￿ LIMITED (REGISTERED NUMBER: 02647131)
RF,POR T OF THf, 'I'RUS"fLi L.S
FOR THE VEAR ENDED 31ST MARCH 2024
Dunng a highly aspirational year with much energy and liine focused upon the build, registration and opening of Daisy
Coiirt, il was particularly pleasing to sce that our respite service Milner House and our t)ay opporwnities service each
significantly increased their occupancy and atlendance levels.
Tl7rough d lender procL"ss held diiring the Spring of 2023, we secured oiir place on the framework jointly operated by
Warwicksl)ire County Council and the Integirated Commig%i()ninb. Board {ICB). Tlii5 in turn enabled new fee rates to be
pul in place from Isl Aiigusl 202.3 enabling Ilie Charily to fulfil ils strategic objective of ensuring A ￿11 cost recovery
approacli to all contracting arrangements.
Tile investnient in growth seen in recent year.s means Iliat we are in a strong financial position going fonvard and die
budgLls for 2025 indicate that dll servic¢s will Inake a positivc financial conlribiilion to the Charily. Managers are
reqiiired to report directly to tl)e Board on their service and are lield to account if budgets are not maintained.
Tlie Board, CEO and Inanagement team re¢ognise th2t while 202314 has been a very busy and challenging year. the hard
work uiidertaken across the orgaiii%alioii l)as laid the foundulions needed to continue to thivc forward the high quality
bupport and aLcominodalion provided. All arc cDininitted (o keeping the njnning cos(s of ilie Cl)arily as low as possible.
Ivhilsi maintaining our higli quality. responsive services.
Goiiig Concern bnsl.s
'riiL Nulii)iial Liviiig Wuge increused again during tlic year, which places a significant burden on the social care sector
at a liine wlien cost of living ri.qes and intlalion rates plaLe additii)nal pressures on those working in the sector.
fund¢rq al￿OunCed a l 0% funding increa.sc for the year of 202314, yet wilh careful planning the Board of Tru%lees w&
able l() put in place Mil I I n/ts increase for oiir frontline sL2ff in recognition of the cost of living crisis. Th¢ Charity has
acl)ieved plai?ncd growili in the last few years and Il)e Tru%lee8 arL confident tl)e Charity will ¢ontinue lo opcralc as a
going concern for the foreseeablc future.
RL's¢rves pollcy
Tl)Lh tru$iee5 of New Direction5 believe that Llic Cl)arity sl)ould liold financial reserves because..
l. It ha.s no endowment funding and is dependent for income upon fccs rcccived froin the local governtnenl. Under
present cirLuill8tance.4 tl)is Inay bc cxpeLted to r¢duc¢ significantly and/or al.Il)ort ni)tiee
2. It I'equires protection again.st and the ability to continue operating despite any unfores¢¢n events or t¢mporary
.slionfalls
.3. It is necessary to provide tunds which can be designated lo spccific project% in line with our strategie obj¢elives
4. To ¢over administration, ￿ndraiSing and support CO8ts' without wliich the Charity could not function.
Tl)e tnistees consider it prudenl Ilial free reserves, defined as nel eurrenl assets less amounts that are de.iignated or
re.4triclc(I for a specific piirpnse, should be %iifficient to cover 3-6 mnntli.s' administrc11ion, thndri¢ ising and support costs,
nnd to provide a pool frorn which funds can be designat¢d.
'rhe t)V41ees also Consider il pnidenl lo ensiirc that it retains sufficient cash to cover 3 Inonihs, ¢<ishflow.
The reqiiired level of free reserves and cash held, ftlong with Il)e p0511ion at the end of each quarter, 15 reported io the
tiiistees al each bocird mccling.
Tlie reserves policy is reviewed by ihe trustees every three years.
STRUCTURE, GOVERNANCE AND MANAGF.MENT
CJDvernln% document
l-1)e conipciny is a charitable company lirnited by guarantee originally incorporated on 19 Sepicmber 1991.
Mcmorandiim <1nd Article.q of As£oci£ltion governq the Charity. It is independent from all other orgilllis?c tions and public
boilies.
Page 5

NEW DIRECTIONS IRUGBY) LIMITED (REGISTERED NUMBER: 02647131)
REPORI. OF THE TRL:S'I'EES
FOR THE YEAR ENDED 31ST MARCEI 2024
STRUCTURk, CJOVERNANCE AND MANAGEMENT
Organisational structure
The Charity is governcd by a Board of Trustces {Directors), supported by a Tnanagcment tca]n led by a Chicf Exccutive.
The manageinent te￿n ¢onsists of 3 Finance Manager, a Human Resources Manager. Operations Managers. Registered
Managers, Deputy Munagers, F¢icilities M¢¥nd¥er, Training Manager and O￿l¢e Manager. Tlie Cliief Executive is
respollsible for the day to day rnnning of the Charity and 1% appoinlcd d% ihe Rcsp()n%ible Individual as required by the
Care Staiidards Act and tlie Essential Staiidards ol. Quality aiid Safety. The Chicf Executive, Finance Mai)ager. Human
Resources Manager and Operations Managers report directly to the Board of Twstees.
Board of Truste¢s
The Board of Trustees presently ¢onsists of ten Ineinbers and nieets a miniinuin ol. four tii))e8 per aniiuin. Tlie Indxiinum
number of Truslees is twelve und shall be not less il)Lm live. The powers i)f Ihe Boai'd are defin¢d in Ilie Aili¢l¢s ot
Association dated 7th January 2014. The Jjoard is tndde up of members who have a rdngye of experiei)ce iii dreas 4uch as
sp¢¢ial Iiceds education, finan¢e. psychology, busiiiess developineiit, housiiig and local autliority. legal niattcri aiid
family Incmbers of the people we suppon. who can giv¢ an insight into livingi with people with 1¢£1ming disabiliti¢s. Th¢
board menibers provide complimenldry skill%, cxpcrience and knDwlcdge ciisiiring an objective view in ¢1ny mai)ugemei)I
discussion.
The Board has two sub-groups being Finance and Dcv¢lopnienl aiid Quality Assurance and Policy,. both i))ade up of
Trustees and are 5UPPOrted by the manageinent leani. -l-he Sub-CJfDLIP8 have dLlegatcd powers and agrecd Terms of
Rcf¢r¢ncc and rcpDrt to the Full Board of Tnistees. FollowinbF a Governance review held in October 202.3, eli cl) tnislee
is also alloealed la the developmcnl ol ()ne of the following 8 areiis of g(x)d b?overnance as d¢fined by NCVO.
Foundation principle, Organisational PUTpose, Leadership, Integrity, fjeeision Inakiiig, I'isk and Control, Floard
effectiveness, Equality. diversity lind inclusion and Open & aLcountdble.
Regulation, Compliance and FuJ]ders
As a providcr of supported living, respite. supported hoLising and residential care services the Charity is subject to
rcgul&tions sel out by IhL' Carc Qiiulily Coininis8i0i1. Tli¥ Cliai'ily is siibjecl to plann¢d and unpl¢1nned iiispL'clians lo
ensure that all regulation% are complicd with, 'fiic (."Iiicf r.xc¢ulivc rcport% Ilie lindings of ftll inspLciion reports In tlic
Board and any action takeii or needed. In LoniplyiiigF wilh Ilie r.ssenlial Siandilrds of Quality and Safely froin Ilie Cait
QiiAlity Commission, the Trugtces urc i)f Ilic npiiiinn tlial dll ri.sks rLlatingJ Ii) the activities nf tlic Charity hdve been
identifiLd and robusl syslenis aiid proccdur¢s urc in pla¢¥ lu IndnLl¥¢ Ihosl risks.
Thc Charity works Llosely wilh Ihe Local Auihoriiy. W<lrwickshire County Council and the N<ltional I lealtl) Service in
IhL fom of thc Inicgraied Care Bvard (ICB}. Musl LUsion)¢rs kJr¢ finJncLd by fL¢s puid by cithLr Wdrwi¥ksl)irL County
Council or the ICB. The Cliarily has dcycloped good workinby relationships with WarwiLksliire County Couiicil aiiil Il)e
ICB and has develop¢d innovative servi¢es and accoininodatioii in line willi the needs of the people it supports and
comtnissioning intentions. Soine ¢usloiners also pay out of their own persoiial budgets.
The Chief Executive is responsible for ensurin&i that all IhL fiiiancial controls are in placL'. The Financc Manager carriL5
out the day-to-day funclions and is responsible to the Chiel'Executive.
Major financial decisions are madc by the Eloard of Trustees.
The Board has confinned its coinpliance witli the (iood Cjovemance Code of Practice as recommended by the Charity
Coininission. This includes internal controls, financial, gov¢rnancc and risk Inanagcm¢nt, whisile-blowin&F, equality und
diversity, performance appraisal, clarity of roles aiid measures 10 avoid personal benefit or conflicts of intercst.
Risk management
The Trustees have a duty to identify and review the risks to wl)ich thc Cl)arity is exposed and to ensure appn)priate
controls are in plac¢ lo provide reasonable assurance against fraud and e￿Or. The Cliariry has a risk strategy in place
along witli a detail¢d risk register cnsuring that tlie risks are identified, assessed and Inanaged. Significant risks to tlic
charity are reviewed by thc Trustecs at cvcry Board mceting.
Pagc 6

NEW DIRECTIONS (RUGBY) LI.MITED (REGISTERED NUMBF.R: 02647131)
REPORT OF THF, TRUSTF.F.S
FOR'fHE YEAR ENDED 318T MARCH 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Coinpany number
02647131 {England and Wales)
Re&Jistcred Charity niimber
1005302
Registered office
Riclllnond Lodge
27 Elilii)n Road
Rugby
C.V22 7AN
Trustees
A Cc1nJle-Parola {Cliair)
M E Seilgjlcy
J Sanders (resigned 22.5.2023)
D J Rayner
S S Barliey
J V Pliillips
M 11 Orrill (resigned 21.11.2023)
P J Flugli¢s
A l. (yre¥nry (re.%igned 20.2.2024)
J Jiinn<1n
S Back (appointed 23.5.20231
L Hiin.4un {IippointLd 22.8.20231
A Cjilcs (appointed 22.8.20231
Chief Exccutlve
P'l'oll¥y
Conipuny SeeretAry
J Jann¥in
Auditors
Aikiiis()n Fincli & Co
Cliartered Accouiitants
C¢ntrAI Ch<iinbcrs
45-47 Albert Sireel
Rugby
Wdrwi¢ksliir¢
CV212SG
Bankers
Flandelsbdnken
Ground Floor, Ente4)rise Centre
l eLI)nology Park ECCJ4
Puin<l Way
Coventry
CVI 2TT
Pagc 7

EW DIRECTIO￿,5 (RL,GB￿ LIMITED (REGISTERED NUMBER: 02647131)
RLPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The tn]siees (who are also the directors of New Directions (Rugby) Limited for tl)e purposes of company law) are
responsible for preparing the Report of the Ttustees and the finan¢ial statemenis in accordance with applicable law and
United Kingdom Accounting Standards (United Kingd()m Cjencrally Acccptcd Aeeounhi)g Practice).
Coinpany law requires the tryslees to prepare finai)cial statenients. for eacl) financial year which give a tniL and fair view
of the state of atTairs of the charitable cninpany and of the incoining resources and application of resoiirces, including
the inconic and expcnditure, of Ili¢ chariiabl¢ cojnpany for Il)at period. IL) preparing iho.le financial stateiiients. tlie
Itijstees a￿ required to
seleci suirable accounting policies and then apply th¢m ¢onsisi¢nily:
observe the Ineiliods and principle% in the Cliarity SORP,
make JudgeiM¢nts and ¢stimatcs that are rcasondble diid prudent.,
prepare the financiul stateinenls (Jn Ihe goin&F concern b1( SIS Linless it is inappropriate to presume Iliat tlie charitable
oinpany will ¢ontinu¢ in business.
The Irustees are responsible for kceping proper accouiiling records wluch disclose with reasonable accuracy at any liine
the financial position of the cl)aritable coi))pany and lo enable Iliein ¢0 Lnsure ihal Ilie financial blal¢mcnis ¢oiiiply with
the Coinpanies A¢t 2006. Tl)¢y are alsu responsible for safeguarding Il)L dssels of (he charitable coiy)pany and hence for
king reasonable sieps lor the prevention and dLILCtion OF fraud and otl)er irreguldrili¢s.
In so far as the twstc¢s are aware.,
thcrc is relevant uudil infornialion of whicli Il)c cliaritable conipany's auditors are unawa￿. and
tlie tNste¢s have taken all steps tl)at Il)ey ought li) l)uve takLn to Indke themselves aware of any rclevant audit
infom)alion and to ¢stablish tl)at the auditors are uware ol'tlial infoniiation.
AUDII'ORS
The audiiors, Atkinsoii Fincli & Co. will be proposed for re-appointmeiil al the fortheoming Annual G¢i)Lral Mee(ing.
This report l)¢iS bLen prepared in aecorduncc witli the spccial provisions of Pdrt 15 of IhL Coinpanies Act 2006 rclating
lo sinall ¢ompanies.
Approved by order of the board of iruslces on
and signed on ils behalf by:
J Jannan - Sccrctary
Page 8

REPORT OF THE INDEPENDEIYT AUDITORS TO THE MEMBERS OF
NEW DIRECTIONS (RIICBY) LINii'fED IRFC.ISTERF.D NUMRTr:R: 026471.11)
Opinion
Wc have alidited the financial statemenlg of New Dire¢tions (Rugby) Ltn)iled {Ihe '¢harilable company,) for the year
ended 31st March 2024 which coinprise the Sialeimenl of Financial Activities, the Balancc Sheet, the Cash Flow
St4ltemcnt and note.q to the financial statemcntg, incliiding a suinmary of significant accounting policies. The financial
repoi'ting fraInework that has been applied in their preparation is applicablc law and iiniled Kingdom Accounting
Standards (Unitcd Kingdom Generally Accepted Accounting Practice).
In our opinion the financial slalemenls.,
give a Iriie and fair view of the stalc of tlie charitable company's affairs as al 3 1st March 2024 and of ils incoming
rcsoui'Les and application of rcsourccs, incliiding? ils income ai)d cxpendilure, for th¢ year then ended.
Iiave b¢cn properly prepared in accordance with United Kingdoin Generally Accepted Accounting Practice: and
l)avc b¥en prepared in accor(laiiLc witli lh¢ rLqLiiren)Lii15 oftliL Cump¢iniLS Acl 2006.
Basi.4 fnr npinlon
Wc ci)nduclcd Olir aLidit in accordance witli International Standards on Auditing (UK) (ISAS (UK)) and applicable law.
OLir responsibilities linder thos¢ standards are furtl)er d¢scrib¢d in the Auditors, responsibilities for the audit of the
rinancial slalements section of our rcpurt. We arL independent of il)c charitable eompic ny in accordance with the ethical
requircincnls iliat are relevanl to our audit of tlie fiiiaiicial slalemcnts in tli¢ UL including ihe FRC'S Eiliical Standard,
and we Iiave fulfilled our oil)er cihical rcsponsibilitics in accordancc with (hese requircinents. We belicvc that the audit
evidence we liave obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions reliiting lo golng concer
In audiling Ilie financial .4talcments, we liave conLliided that the Irusle¢s' use of the going ¢onccrn basis of accounting in
the preparation of tl)e financial stat¢inents is appropriHt.
13ased on the work we have pcrforn)ed, we l)ave not identified any mal¢rial un¢crtainties rclating lo events or Condition8
Ihat. individually or LolleLtively, Inay cast £igiiifiL'2nt doubi oil Ihe charitable coinpany's ability lo continue as a going
oncern for a period ofat Icast Iwelve Inonil)s froiii wlien IliL finiineial %lJlLineni% are authorised for issue.
Our rcsponsibiliti¢s and the r¢sponsibilili¢s of th¢ Iru.ql¢eq with r¢spLcl Io going concern are dcscribe(l in tlie relevant
cclion.8 of thi5 rcpori.
()ther information
Tlic trtislLes arL I'c5pon5iblc for IhL oihcr infonnaiivi). Nic oihcr inforznalion coi))prises Ilie infunnalion included in the
Annual Reporl, otlier tliaii the fiiicTrnLial slateinent.% anil our Ileporl ofilie Independent Aliditors tliereon.
Our opiiiion on Il)e financial statements does not cover tlie oilier infonnation 1cnd. except to the extent otherwise
¥xpli¢iily %talcd in our rcport, we do not ¢xpr¢ss any fonn of assurun¥c ¥onLlubion Ihcrcon.
In connection with our audit of the finai)cial stateiments, our responsibility is to read the other iiiformation &nd, in doing
-%0, conqid¢r ivhether the other information is mdterially inconqistcnt with the financial statcmcnts or our knowledge
()btaincd in thc dudit or othcrwisc appears to be matcriully Inisst¢ilcd. If wc identify sucli malcrial inconsisten¢ies or
Ipparcnt material misstatcmcnts. wc arc rLquired to dctennine wliether thi.s gives rise to a material rnisslatcmcnl in the
rinanci£?I statements themqelves. If, baged on the work we h2cve perfonned, we Conclude that there is a material
mi.qslatcmcni of tliis other information, we arc required lo report that fact. We havL nothing io report in this regard.
Oiiinion& on otliL'r matters presLribcd by the Compttnli's Act 20U6
In oiir opinion, based on the work iindcrtaken in tlie course ol'tlie audit..
the infonnation given in the Report of the Trnstees for Ilie finanLial year for which the financial statements arc
prcpdrcd 1% con%istei)I with the financial 8iatemLnls,' ond
the Report of the Trustces lias becn prepared in accordance with applicable legal requirements.
Pagc 9

REPORT OF THE IINDEPENDEI'T AUDITORS TO TIII,: MENIBfi RS OF
NEW DIRECTIof4iS {RUGBY) LIMITED (REGISTERED NUMBER: 02647131)
Matters on which we gre required to report by exception
In the light of the knowledge and undersL2nding of thc charitable conipany and its environm¢nt obraincd iii the course of
the audit. we have not identified niaterial n)isslalemcnt5 in the Report of the Tiustees.
We have noihing lo report in respect of the following niatters wl)ere the Conipani¢s Act 2006 requires us to report to you
if, in our opinion..
adequate accounting records have not been kept or rcturns adequate foi. our audit liave not been received from
branches not visited by us. or
the financial stslemenls ar¢ not in agr¢¢incnl with th¢ accounting records and returns. or
certain disclosurcs of trustees, remuner4ilion speLifi¢il by law are noi made. or
wc hav¢ nol receivcd all the infomiation and cxpldnatlDllS WC I'CqULrc for our audit., or
the tNst¥es wcre noi eniitled to take advantage of tlie siy)all ¢oinpanies ¢xemplion froin the requii'einent to prcpare a
Strategic Report or in preparing the Report of tlie Twstee%.
Responslbllltle% of trustees
As explained Inore fully in Ihc Statcmenl of Trustees, Responsibililies, tl)e IrLlStces Iwlio are also the dirlclors of tli¢
¢haritablc company for tlie purposes of coinpany Idw) arL' rcsponsiblc lor thL prcparation of Il)e finanLiul Sidtenients and
for being satisfied that they give a tw¢ and fair vi¢w, and for su¢li internal control as th¢ irusl¢CS dctciiyjinc is ncccssary
lo enable the preparation orfinanLial slalLmenls ihal arc frcc froin m(Ilerial Inibslalcinenl, whether due lo fraud or e￿Or.
In preparing the financial statements. the (Tustees are responsiblL for assessing the cliaritable coi)Ipany's ability lo
coniinue as a going concem, disclosing, as appli¢ablc, matter% related to going concem and using tl)e going COllLcm
basis of accounling unless tlie tru51ees either intend 10 liquidate the cl)ariiable company or 10 cease operations, or liave
no realistic alternative but lo do so.
Our re¥ponyiblllties for the iudll of IhL flnanclal slutL'n)L'n¢s
Our obj¥cliv¢.4 ar¢ io obtain reasonable assurancb about wlicihLr tlic finiineial siateinents as a whole are freL froiii
material iiiissiaiemeni, whet])cr due lo fraud or ¢rror. and to Is.%U¢ cl Report of tli¢ IndepLndenl Audilors Ihal includL5 our
opinion. Reasonable assurance is a high level of assurdiiLe, bul i.s nol 2 guarantee Il)al an ¢iudii conducted iii dccorddllLe
witl) ISAS (UK) will always detect a liidlerial iiiisslulLiiieni wlici) it Lxisls. Misslalcnienis Lan arisc froiii fraud or ¥rror
and arc ¥on.%id¥rud Illdtcrial if. individiially or itt tl)L dggFrcgate. they could red.4VI)dbly be LxpeLted to influcnLc tli¢
economic decisions of uscrs takcn on tl)¢ basis of these financial .qtateiiients.
T]ie extent lo whi¢li our procedures are capablc of dcteciing irregulmrities, including fraud is detailed below..
We Obtained <1n understanding of the legal and rcgyulalory frumcwork% within which the charitdbl¢ company opcriL tcs,
focusingi on Ihosc laws and r¥gulations tliat have a direct elTect on Il)e amoui)Is and disclosures in Ilie fiiidncial
stiltcments such M.% Ihc Companies Act 2006, tl)L Charities Act 2011 Jnd the Charitics SORP (FR81021.
In ￿￿ddItIon, we cansidered provisioi)s of othcr laws aiid rcgulalions that do noi have a dircci effect Dii the financial
5tutcincnts bul coiiipliance with which niiglil be ftindanient£Trl to tl)e charitable company's ability to opcrate or to uvtsid a
matcrial pcnalry. Auditing sland¢irds liniit the required audit procedure5 to identify iion-coiiipliance with these laws and
regulations lo enquiry of managen)enl and inspection of regulatory and legal correspondence, if any.
We also considered tlie opportunities and incentives tlial niay exist within Ihc cliaritable company for fraud.
OLir procedlires to respond to the various risks included enquiries of Indnabremcnl about their own identifiLalii)n and
as5CS5menls of risk, inelliding rLviewing the cliarilablc company's own risk register, sainple tcsting on tlie po%ting of
journals, rcviewing accounting esliinales for biases, and l'eading 11)iniit¢s of nieelings of those charged with govemancc.
Owing to the inlierent limitations of an audil, Ihere is ali unavoidablc risk diat we may not have dei¢¢i¢d soin¢ mal¢rial
misstatements &n tlie financial statemen15 or non-cotnplidncc with rcgulaiion. cv¥n though we liave properly pldnned and
perfonned our audit in dc¢ordance with auditing standards. lliis risk increases tl)e Inore that coinpliance witli Ilie law oi.
regjulation is reiiioved from ibc events and iransaciions reflected in ilie fiiiancial blaleiiienl.%, as we will be less likely to
be¢ome aware of instance5 of non-coinpliance. The risk is also greater r¢garding irregularities occurring due ID fraud
rather than error, as fraud involves intentional Concealment, forgery> Lollusion, otllission or Inisrepresenlalion.
A further description of our respoiisibilitie5 for th¢ audit of the fin￿1¢]￿[ statum¢nt.4 is located on the Financial Reporting
Council's website at www.frc.org.uWaudiiorsr¢sponsibilities. Tliis desL'riprion fonns part of our Repoit of tlie
Independent Auditors.
Page 10

REPOR T OF THE INDEPENDENT AUDITORS TO THF. MEMBERS OF
NEW DIRECTIONS (RUC.BY) I,IIMJTF.D (RF.GISTERED NUMBER.. 02647131}
Use of report
This report is made solely to the charilable company's members. as a body, in accordance with Chapter 3 of Part 16 of
the Companies Act 2006. Oiir audit work has been iindertaken so that we might state to the charitable con)pany's
meinbers those Inatters we art required lo stale to them in an auditors, report and for no other purpose. To the fullest
extent pennitted by law, we do not accept or assiime responsibility to anyone other than the charitsble company and the
charit4ible coimpany's Inembers as 8 body, for our audit work, for this report. or for the opinions we have fomied.
Stuart Bolton FCA (Senior Statutory Auditor)
for and on behalf of Atkinson Finch & Co
Chartered AcLouniancs
Central Chainbers
45-47 Albert Street
Rugby
Warwickshir¢
CV212SG
Date..
Page 11

NEW DIRECTIONS (RUGBY) LI.MITED
STATII MF.NT OF FINANCIAI, Ac'rivi'i'ics
(ILYCORPORATING AN INCOfvIE AND EXPENDITURE ACCOUNTI
FOR TklE YEAR ENDED 31ST MARCFI 2(124
2024
Total
funds
2023
Total
Funds
Unreslri¢ied
funds
R¢stri¢ted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legaci¢s
19,615
9,628
29,243
112,618
Charltable activities
Residential Care
Supported Living
Rcspite Carc
Coirnnunity Cholec5 Network
R¢ntal Incoine
1.156,984
2,764,105
291,148
508,394
965,265
1,156,984
2.764,105
291,148
5DiIJ94
965,265
982.284
2,563.909
218,904
374.450
900,28C)
Invcstment incoine
3,250
3,250
3,313
TotAI
5,708,761
9,6215
5,718.389
5.155,764
FXPENDITURE ON
Charltable actbviiles
R¢sid¢ntial Care
Supported Living
R¢spite Care
Coinmuiiity Choices Neiwork
Rental Income
Central Activities
I,Q64,62.1
2.412,539
203,17
329,891
554,667
987,281
46
1,000
,065,083
2,433,539
203,170
330,441
54,667
996,030
748,742
2.396,5911
175,588
305.511
805,524
653,242
sso
8,749
Total
S,S72,171
10,759
5,582,930
5,085.197
NET INCOMEI(F.XPTr.NDI'I'URE)
Transfers betiveen funds
136,590
ioo,uoii
(1,131)
iioo,Doo )
135,459
70.567
18
Net movement In funds
236,590
{101,131)
J35,4S9
7LI.567
RECONCILIAI'ION Ob" Tr UNDS
Total funds brougl)t forward
3,608,759
1 $9,884
3,768,643
3,698,076
TOTAL FUNDS CARRIED FORWARD
3,845,349
58,753
3,904,102
3.768,643
The notes forni part of these financial sthiemenls
Page 12

NEW DIREcTIo￿s (RUGBY) I.11￿TED (REGISTLRED NUMBER: 02647131)
BALANCF. SIITr:F,T
31ST MARCH 2024
2024
Total
2023
Unrestricted
Restricted
Notes
rixED ASSETS
Tai)gible assets
5,411,069
11,460
s,422￿29
4,297.805
CLRRkiNT ASSF.TS
Debtor5
Casl) al bank and in liand
12
868,860
445.11116
868,f160
492,.379
565,374
775,360
47,293
1.11.1,946
47,293
l J61,239
1,340,734
CREDITORS
A]nounls falling due witl)in one year
13
(355,872)
(355,872)
(472,343)
ET CURRE.NT A.SSETS
958,074
47,293
1.005,367
868.391
'I'o'rAL ASSF.TS LESS CURRLNT
LIAFIILITIES
6,369,143
58,753
6,427,896
5.166,196
c￿DITORs
Amounts falling duc after more Ilian one year
14
(2.523.794)
(2,523,794) {1.397,553)
NET A%%F.T.S
3,845,349
58,753
3,9114,102
3,768,643
FUND,S
UnrL'.%lricted ￿ndS
Restricted tiinds
18
3,845,349
58,75.1
3,608,759
159.S84
'I'o'rAI, FUNDS
3,904,102
3,768,643
Thesc financial siatemcnis Iiave been prepared in accordanLe witli tlie provisions applicable to charitable companies
%ubject lo tlie sinall coiiipanies regime.
statement.% were approved by tl)e Board of Trustees and auihorised for
2oL.(tr...... and iyere signed on ils behalf by..
on
A Can4ile-Pa
la (Cliairl - Tnistee
The notes fonn part of these financial statements
P2ge 13

,YEW DIRECTIONS (RUGBY) LIMITED
CASH FLOW ST A TEMFJINT
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
Notes
Cash tlows from operating Aetivities
Cash gencrated froin operations
Inleresi paid
{69,776)
(172,776)
286,883
148,5081
Nel Cash (used inllprovided by operdting aLlivities
{242,552)
238,375
Cash flows from Investlng activitles
Purchase of tangible fixed a%%eLq
Intercst received
(1,177,9211
3,25()
(1,432,413)
3,313
Nel cash used in invesling activities
(1,174,671)
(1.429,1001
Cash nows from financing &¢tivities
New loans in year
Loan repayments in year
Loan arrangeinenl fees
,1 IIY,Yl 7
(5S,675)
983,938
153,8441
{23,855)
Net cash provided by financiiig activitics
1,134,242
906,239
Changie In cash and cash equivalents In
the reportlng PL>riod
Ca¥li and La4h L'qultrAILinl.% ill IhL'
beginnlng of the reporting period
(2112.981)
(284,486)
775.360
1,059,846
Cthsh und cash equiTr'nlent5 Ilt the end of
the reportlng period
492,379
775,360
The notes fonn Pdrt oFthese financial statements
Pagc 14

NEW DIRECTIOJI'S (RUGBY) LIMITED
.NOTES TO THE CA.8H FLOW STATF.MENT
FOR THE YEAR ETriDED.IIST MARCH 2024
RKCOLYCILL4TION OF NET INCO,ME 'fo NET CA.SH FLOW FROM OPERA TING ACTIVITIES
2024
2023
Net ineome for the reporting period (as per the Statement of FinanciAI
Aclivilies)
Adjustments for:
DepreL'iation cl?arges
tnt¢r¢st received
Inlere.4t paid
Increase in debtors
(Decreasel/increa.%e in creditors
135,4S9
70.567
53,197
(3,250)
172,776
{303.486)
1124,472)
31,808
{3,313)
48,508
(25,737)
165,050
Net ¢ash (iiscd in)/provided by oper#tion$
{69,776)
286,883
ANALYSIS or CiiANC.k.S IN NET DEBT
At 1.4.23
Cash flow
At31J.24
Nel cash
C&sh at bank and in hand
775,360
(282,981)
492,379
775.360
(282,9811
492,379
Debt
D¥biq falling diic within l year
t)ebis falling due after l year
(93.847)
(1,397,553)
(8.001)
(1,126,241)
(101,8481
(2,523.794)
(1,491,400)
(1,134,242)
{2,625.642)
I'tstal
(716,040)
(1,417,223)
{2.133.263)
Tlie notes forni part of tliese financial statements
Page 15

NEW DIRECTIONS (RUGBY) LIMII'ED
NOTES TO THE FINANCIAL STA'fEMENTS
FOR THE YEAR ENDED31ST MARCEI 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial staicmcnts of tl)L cliaritablL coiiipany. which 1$ a public benefit entity und¢r FRS 102, liave been
prepared in accordance with tlie Cliarities SORP IFRS 102) 'Accounting and Rcportirbg by Charities.. Stat¢inenl
of Recomm¢nded Practice applicable to cl)drities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the IJK and Republic of Ireland (FRS 102} (effective l January 20191,.
Financial Reporting Siai)dard 102 'The Financial Reporting Standard applicable in th¢ UK and Rcpublic of
Ireland, and the Compaiiies Act 2006. Thc finallcial sttttenients l)ave been prepured under rhe hislori¢al cost
convention.
Income
All in¢oIne is recognis¢d in the Stateinent of Financial A¢tiviti¢s once the charity l)as ¢ntiileincnt to Ille ti5nds, it
is probable that Ihc incomc will bL rcceived lgiid IhL amouiil can bc measurcd rcliably.
Grunts
Incoine from grants is recognised when Il)e charity has enliileinenl to the fund.s. The in¢oiiie is Inatcl)ed lo the
asbociated expLnditure and any cleincnt of tlic gyrunt tlidt rclatL% to future costs 1% defLrrcd and LaiTied fonv6ird in
an appropriate restricted fund.
Expenditure
Liabilities are reco8nis¢d as expcnditurc ds soon as tli¢r¥ is a l¢g?al or constructive obligation coininitting the
charity 10 that expenditure. it is piobdblc that d tian.%fer of eLonoiiiiL benefil.g will bc required in %¥ttl¢mcnt dnd
the ainount of th¢ obligation can be Ineasured rcliably. Expenditure Is aLcounte(I for on an accnials bilsiq and lias
bccn Clabsified under h¢adin&ys that uggr¥gal¢ all ¢osl r¢lal¢d to th¢ catC&FOry. WhLre costs Cdnnot be dirLYcly
ai¢ribuied to purticular headings they have bccn all()cuted lo aclivitic8 on a b&qis consi8tenl with tlie Lise of
resourLLs.
T#nkJible fixed assets
DcprLLiation is provided at tl)e following ai)nual rates in ol￿er lo write off each assct ovcr ils &8tiinat¢d useful
life.
Frechold propety
Short Icasehold
Fixtures and fittings
Motor vel)iclcs
not provided
pLriod of tlie lease
250/0 on ¢osl
250/0 on cost
The trustees consider that the freehold buildings are Inaintained li) such a state of repair that their residiiul valiie
is at least equal to their net book valuc. As a rc%ult the corresponding depreciation would not bc n)atLrial
Ihereforc 15 not chargcd in Ihc Statcincnl of Financial Activiti¢5.
Taxatlon
ThL charity is cxcmpl from corporation lax on its. charitablL acliviliLs.
Fund #ecountlng
Unrestricted funds can be used in accordance with the charitable objectives at thc discretion of the trustees.
Designated tijnds are iinrestricted funds that have b¢¢n sei aside by the ¢harity for a specific purposc,
Restricted fijnds can only be iised in &ccordancc with specifie restrictions imposed or wl)ich have been rai.qed by
the charity for particular purposes.Where funds have beeii given for the bcncfit of r¢siden15 or custoii)er% tl)ey ai"e
allocated to a specific restricted fund. Tl)ese niay be traiisferred at a later date to ai)other rcstrictcd fund tlial
provides a different benefit for the saine group of people provided it is in accnrdaiice with tl)e spccilic
restrictions on thc original doiialion.
Hire purchase and leasing conimitments
Rentals paid under opcrating leasc5 arc charged to the StateEncnt of Financial Activities on a straight lin¢ basis
over the period of the leic se.
Page 16
Lontinued...

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATF.MFNTS- continued
FOR TIIE YEAR ENDED 31ST MARCH 2024
ACCOUNTING POLICIES- eontinued
Penslon costs thnd other post-retirement benefits
The cliaritable coinp8ny operates a defined ¢ontribution pension scheme. Contributions payable lo the charitable
ompany's pension scheme are charged io the.8iatement of P inancial Activilics in the period to which they relate.
Significant estimates 9nd key jud%emcnts
There are no signific2nt judgeinenis that l)ave a material effect on the a¢¢ounls nor any accounting estimates tlial
have a high risk of causing a Inatcrial adjustment in a future perio(l.
DONATIOINS AND LEGACIES
2024
2023
Donations
29.243
112.618
INVESTMENT IIYCOME
2024
2023
Deposit accolinl inleregl
3,250
3,313
INCOME FROM CH.￿l'fAI1LE ilC"rIvi'rIES
2024
2023
Activity
Rcsidcnliiil Cnrc
Supported Living
Supported Livin
RLSPltc Ccire
Reqpilc Care
Community Choiccs Network
C.oinn)unity Choices Network
RLnt<il IiiLI)Inc
Re.qidcnlial services
Horne Larclsupportcd living
Gran18
RLspiIL care
Grai)l.q
y Opportunities
Grunts
Ilent£11 iiicoine
1.156.984
2,764,105
982,284
2,557,049
6.860
218,604
300
369,519
4.931
900,286
291,148
51>8.394
965,265
5,68S,896
5,039,833
Grants rcceived, incliided in the above. are lls follnws..
2024
2023
Worklorce Dcvelopment Fund
Skill%4GroiYtl)
WCC Grant Fiiiid
National Lottcry Community Fund
5,2DO
1,660
1,154
4,077
12.091
Page 17
continued.

NEW DIRECI'IONS IRUGBY) LIMITED
,NOTES TO THE FINANCIAL STATEMENTS-continued
FOR THE YEAR EP*DED 31ST MARCH 2024
CHARITABLE ACTIVITIES COSTS
ireci
Costs Iscc
note 61
Residcntial Carc
Supported Living
Respite Care
Coinmunity Choices Network
Rental Income
Central Activities
,065,083
2,433,539
203,170
.730,441
554,667
996.D30
5,582,930
DJRECT COSTS OF CHARITABLL ACTIVITIES
2024
2023
Staff costs
Reni
Rates and water
InsurancL
Liglit and lieal
Repairs and mainlcnance
Advertising and marketing
T¢l¢pl)onc
Other officc expen8es
Food ond houseliold
Nur5ingJ and l)ygyicnc
Activities and materials
Residents. eosls
Technology costs
Motor and Iravelliiig
Registration fees
Staff training
Staff DBS and medical
Govemdnce costs and training
Legal and professional
FIR support
Auditors reniuneration
Depreciatioi)
Interest payable and siiiiilar charges
4,340,699
4112.208
211,229
36,SU91
62,458
120,911
24,155
4,021.39.5
471,774
21,549
35,772
44,335
131,196
22.222
30,275
28,796
47,115
i 0,()7
18,182
1,727
4C).619
21,352
4,045
21,399
4,147
2,210
3,956
10,017
6,120
31,808
48,508
30,K)56
47,2U6
19.760
8,673
883
42,298
24,175
3,1106
17.5Q7
4,206
2.262
7,174
11,775
4,620
53,197
172,776
5,582,930
5,085,197
Pagc 18
continued...

NEW DIRECTIONS (RUGBY) LIMII'ED
,NOTF,S TO I'HL blNANCIAL.STATENI ILNT8- continued
FOR THE YEAR ENDED 31ST MARCH 2024
NET INCOMEI(EXPENDITURE)
Net incomd(expendiiur¢) is ststed &ifter ch1< rgingl(crediting)-
2024
2023
Depreciation - owned assets
Other operating leases
53,197
4112,20R
31,808
471,774
TRUSTEES, REMUNERATION AND BENF.FJTS
There were no trustees, reiiiuneralion or oil)er benefits for the ycar ended 3 1st March 2024 nor for the year ended
31 gt March 2023.
The Trustees neitlier received nor waived any emolLiments diiringy the ycar (2023 NIL).
During the year dircclorq li<ibility in511ranc¢ was purchased as part of a con)bined business insurance package and
Ihcreforc cannot be quantificd.
Tru5tees' expenses
There were no tnislee.q' expenqes Pl¢id for the year endcd 31$1 March 2024 nor for the y¢<lr ended
31 qt March 2023.
.STAFTr' COSTS
2024
2023
Wa&Te.s and s&larie.g
Soci<il 8eciirity cost%
Other pension costs
3,967.543
296.799
76,357
3,668,067
285,028
68,30
4J40,699
4.021.395
Th¢ avera¥e iiionthly numb¢r of cn1plny¥es dtii'ing Ihc yellr wus as follows..
2024
2023
Senior mani& gers
C¢ire m<lnaLicr.q
Adminislralive slutT
Siipport staff
135
109
150
122
The niirnber of employees whose CTnploycc bcncfits {cxcluding employer pen4ion cosis) cxcccded £60.000 was..
2U24
2023
£70.001- £80,000
Pagc 19
continucd...

W DIRECTIONS (RUGBY) LIMITED
NOTES T() THTr: fiNANCIAI, STATF,MFNTS. eontinued
FOR THE YEAR ENDED 31ST MARCH 2(124
STAFF COSTS- contlnued
2024
2023
Senior managers
Care Inanagers
Adininistralive staff
Support staff
Agency bubconiracl sta
174,823
200.591
228,720
3,236,925
126,484
184,960
191.588
199,741
2,5160,432
228.986
3,967,543
3.665,707
The scnior manabTrers linc represents the reinuneration paid to the key nianag¢in¢nt personnel.
10.
COMPARATIVES FOR TFIF. SI'A'fEMF.NT OF FINANCIAI. AC'I'JVITJr.s
Unreslricted
runds
RestriLted
runds
Total
ftinds
INCOMF. AliD kNDOWMENTS FROM
Donations and legacies
112,618
112,618
Ch#ritable activities
Residcnlial Care
Supportcd Living
Rcspite Carc
Coinmunity Clioiccs Nctwork
Rcnlal InLoine
982,284
2,5C)3,909
218.6()4
.170,373
900,286
982,284
2.563,9a9
218.904
374,450
900,21S6
300
4,077
Investnienl incnmc
3,313
3.313
Total
5,038,769
116,995
5,155.764
EXlbKNDITURE ON
Ch#rltable activities
Resideiitial C'are
Supportcd Living
Re,%pilc Care
Community Choices Network
Rental Income
Central Activities
743,514
2.386,762
174.277
301,499
805.524
653,242
5,228
9,828
748,742
2,396.5911
175,58
305,511
805,524
653,242
4,012
Total
5,064,818
20,379
5.085.197
NET INCOTrIEI(EXPENDITURE)
(26.049 J
96,616
70.567
RECONCILIATION Ob FUNDS
Total funds brouglit forward
3,634.808
63,268
3.698,076
TOTAL FUNDS CARRIED FORWARD
3,608.759
159,884
3.768.643
Page 20
Continued...

NEW DIRECTIONS (RUGBY) LIMI ITED
NOTES TO THL b'lNAINCIAI. STA'I'EMF.NTS- continued
FOR THE YEAR ENDED 31ST MARCH 2024
li.
TANGIBLE FIXED ASSETS
Fixture
and
fittings
Freehold
propety
Short
leasehold
Moror
vehicles
Total
CO,ST
At 1st April 2023
Additions
4,223,536
J,083,471
118,922
94,450
61,854
4,448J37
1,177,921
Ai 31 sl Marcli 2024
5,307,007
44,025
213,372
61,854
5,626,258
DEPRECIATION
At I st April 2023
Charge for year
.14,4D6
4,4D3
74,481
40,045
41,645
8,749
150,532
53,197
Ai 31 st Marcli 2024
311,¥09
114,526
50J94
203,729
NE'f BOOK VAI.UF
Al J I st Marcli 2024
5J07,007
5,216
98,846
11,460
5,422,S29
At 31 st Marcl) 2023
4,223,536
9.619
44,441
20.209
4,297,805
12.
DEIITORS.. AIMOUNT.g FALLINC DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Other debiors
PrepayiMenl.S Kind L1eerued ineonie
749,447
700
118,713
440,684
32,954
91,736
868,860
565.374
13.
CRF.DITORS: AMOUN'fs FAI,I.ING DUF. wi'fHIN ONF; YEAR
2n24
2023
nk loans and overdrafts (-se¢ note 151
Tradc Lrcdilors
SociHI 8eciirity and other taxes
OiliLr creditors
Pcnsion coiitribiitions
Accnicd expcnscs
101,848
28,027
69,762
93.847
211,919
52,752
3,536
3,264
107,025
26,58.3
124.199
355,872
472,343
Page21
continued...

F¥EW DIRECTIONS (RUGBY) LIMITED
NO'I'ES TO THE FINANCILIL STAI'LMENT.S- Lontinued
FOR THE YEAR ENDED 31ST MARCEI 2024
14.
CREDI'I'ORS: AfvIOUNTS FALLING DUE AFTER MORE THAP*' ONE YEAR
2024
2023
Bank loans (see note 15}
2523,794
1.397,553
15.
LOANS
An analysis of the mamriry of loans is given below..
2D24
2023
AmoLLnls f311ing due witliiii oiie year on deinand..
Bank loans
101,848
93.847
Amounts falling between one and two years:
Bank loans- 1-2 years
101,848
101,848
Amounis falling due betweei) nvo and live years..
Bank IodllS- 2-5 ye
305,544
305,544
Amounis falling due in Inore Il)an five years..
Repayable by inslalmenls..
Bank loans more 5 yr by instBI
2,116,402
990,161
16.
LF.A51￿c AGRTr.fi,MTr.NTS
MinimLl1￿ lease payments under non-cancellablc OPLraling le¢l8es fall due a8 follows..
2024
2023
Within one year
Betwecn onc and five year5
In more than five years
4511,930
1,585,248
511,788
464.407
1.682 ?88
874,174
2,555,966
3,020,869
17.
SECURED DEBTS
Th¢ following sccured debis are included within creditors..
2024
2023
Bank loans
2,625.642
1,4<J1,400
The bank loans are secured 01) Riclin)ond Lodge. 27 Bilton Ro&id, Rugby CV22 7AN. Poppy Placc, 1-3 Alfred
Strc¢l. Rugby CV21 2EL, Ddlsy Court, IA Mclrkct Street, RuLiby CV21 3HCJ and 30 Vicarage Road, Rligby
CV22 7AJ, together witli a fixed 1( nd floating ch1( rge over all the charity's oth¢r ass¢ts.
Page 22
coniinued...

I EW DIRECTIONS (RUGB￿ LIIMITED
NOTES TO THE FIN'ANCJAL STA TF.v1F.￿Ts - continued
FOR THE YEAR ENDED 31ST MARCH 2024
18.
MOVEMLN"r iiy FUIYDS
Net
movement
in funds
Transfers
between
At
31.3.24
At 1.4.23
Unrestricted funds
Gcneral Fund
Developinent and Maintcnance Fund
COVID Recovcry F.und
3,280,711
265,$08
62,540
136,590
162,540
3,S79,841
265,508
{62,540)
3,608,759
136,590
i 00,000
3,84&349
Restricted funds
Transport fuiid
Day Oppormnilies Flind
Reqpite Fund
Coinmunal Assets Fund
HardNliip Beiievolent Fund
Poppy Placc Fund
Vchicl¢ Fund
Qiieen.% Lourt Fund
Gateway Fund
Kiiig.8 CoLlrt fund
.SLIPPOllLd Living Gardcn Fund
Ddisy Coiirt Fund
595
5,795
I,Q76
455
11,6.$1
-$95
5,745
10,18
455
11,651
20,805
1,875
400
3,566
737
2,735
(SQ)
9,113
(5,460)
(3,749 >
5,624
400
3,566
737
3.720
i 00,000
(985)
(ioo.fjoo )
159,1184
(1,131)
(100,uDo )
58,753
'I'OTAL FUNDS
3,768,643
13.S.459
3,904,102
Nel movcmcnt in fiinds, included in tlie above arL As follows..
Incoinin
resourcc.s
Resources
expended
Movemenl
in funds
Ilnre$trieted funds
CiLneriil FLind
5,708,761
(5,572,171)
136590
Restrlcted funds
1)8y Qpportunities Fund
Rcspitc Fund
Poppy Place Flind
Vchicle Flind
Supported Living Garden Fund
500
9,113
(550)
(50)
9,113
(.S,460)
(3.749)
{985)
(5,460)
{3,749)
(1.000)
15
9,628
(10,759}
{1,131}
TOTAL FUINDS
5,71 f4,.389
15,582,930)
135.459
P8ge 23
Lontinued...

NEW DIRECTIONS (RUGBY} LIMITED
NO'f*:s'i'() TIIF. Tr"IP4ANCJAL STATEMENTS- cnntinued
OR'fiiE YEAR ENDED 31ST MARCFI 2024
18.
MOVEMENT IN FUNDS- continued
ComparAtlve5 for movement in fuiids
Nel
movement
in funds
Al
31.3.23
At 1.4.22
Unrestricted funds
General Fund
DcvelopiY)cnt dnd Maintenance Fund
COVID Recovery Fund
3,226,739
265.508
142,561
53,972
3,280,711
265,508
62,540
(80,021)
3,634,808
(26,049)
3,608,759
Rc%trlcled funds
'rran%port I'und
Day Opportunities Fund
Respite Fund
Communal Assets Fund
Hardship Bciievoleiit Fuiid
Poppy Place Fund
Vehicl¢ Fund
Qucen% Court l-.und
Gateway Fund
Kings Court Fund
Siipported Living Garden Fund
Daisy Court Fund
595
4.932
1,187
4,788
595
5,795
1.076
455
.651
26.265
5,624
4UO
3,566
737
3.720
i 00,000
863
(4,333)
30,343
9,372
400
(4,078)
{3,748)
3.566
737
3,720
I00,O(K)
63,268
96,616
159,884
TOTAL FUNDS
3,698,076
70,567
-3.768,643
Coinparalive nel Inoveniei)l in fut)d8, included in the above arc as follow.q-
Incon)ing
resources
Resnurce5
expeiided
Movcinenl
in fiinds
Unrestricted funds
General Fuiid
covit) Rtcov¢ry Fund
5,038.769
14.984,797)
180,021 }
53,972
(80,0211
5,0311,769
15.064,818)
(26.0491
Restricted funds
Day Opportlinities Fund
Respite Fund
Coiiimunal Assets Fund
Poppy Place Fund
Veliicle Fund
Gateway Fund
Kingis CoLlrt Fund
Supported Living Gardeii Fund
Daisy Coiirt Fund
4,875
1,200
14,012)
863
14,3331
(5,2281
(3,7481
(1,434)
{313}
(4,3331
(4,0781
(3.748)
3,566
737
3,720
i 00,000
1,150
5,000
1,050
3,720
100.000
116,995
{20,379)
96,616
TOTAL FUNDS
5,155,764
(5.085.197)
70,567
Page 24
continued...

NEW DIRECTIONS (RUGBY) LILIIITED
YOTES TO THE blNANCIAI. STATF.Mb.N'fs- continued
FOR TIIE YEAR EN'DED JIST MARCII 2024
19.
CAPI'fAL COMMITMENTS
2024
2023
Contracted but not provided for in the financial statements
1,006,076
20.
RELAI'F.I) PARTY DISCLOSURES
Tl)ere were no related party tr8nsa¢tions for the year ended 318r March 2024.
21.
COMPANY STATUS
Tl)e Charity iq a company limited by guarantee. All menibers guaraniee an amounl not lo excecd £1 O payable in
tl)e event of the company bcing wound lip with a deficiency of assets. At 2 Isl March 2024 there wer¢ 47
menibers (2023 - 47 members).
Page 25