Charity registration number 1005302 (England and Wales)
Company registration number 02647131
NEW DIRECTIONS (RUGBY) LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

NEW DIRECTIONS (RUGBY) LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
J Jarman
5 Barhey
A Giles
L Hanson
P Hughes
J Phillips
D Rayner
M Sedgley
A Canale-Parola (Chairl
Secretary
J Jarman
Senior management
P Tolley
T Gray
Chief Executive
Finance Manager
Charity number (England and Wales)
1005302
Company number
02647131
Registered office
Richmond Lodge
27 Bilton Road
Rugby
Warwickshire
CV22 7AN
Auditor
Burgis & Bullock
23-25 Waterloo Place
Leamington Spa
Warwickshire
CV32 SLA
Bankers
Handelsbanken
Suite I
Bloxam Court
Corporation Street
Rugby
CV212DU

NEW DIRECTIONS {RUGBY} LIMITED
CONTENTS
Page
Trustees, report
i-io
Independent auditor's report
11-14
Statement of fi nancial activities
15-16
Balance sheet
17
Statement of cash flows
18
Notes to the financial statements
19-37

NEW DIRECTIONS (RUGBY) LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31st March 2025. The trustees have
adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191.
New Directions (Rugby) Limited INew Directions) provides houJing and support to vulnerable people,
including adults with learning disabilities. The Charity provides support to people living in their own homes,
residential and respite support in the Charity's own bespoke facilities, and also through day opportunities
and sessional services.
Objectives and aims
The Charity's objectives are set out in the Articles of Association but have been summarised for the benefit
of the Inspection Service under the Care Standards Act and the Essential Standards of Quality and Safety, as
fol lows:
l. The provision and facilitation of housing, social housing, supported housing and specialised supported
housing to vulnerable members of society,.
2. The provision of residential and day care facilities for vulnerable and learning disabled people, either on a
long-term basis or on a short-term basi5, and to provide respite for those who are normally cared for by their
families. carers or guardians;
3. The provision of transition skills training/facilities for vulnerable and learning disabled people to enable
them
to
learn
how
to
live
their
own
homes
now
and
in
the
futu re,.
4. The provision of facil ities, in the interests of Social welfare, for education, volunteering, employment a nd
for the recreation of such persons and genera 51y such facil ities and services a5 shall be ca Iculated to alleviate
their needs.
Our Mission and Vision is:
To make a positive difference to the lives of vulnerable people, includi ng those with learning disabil ities, by
promoting their rights, independence, choices, inclusion and by providing support and opportunities for
them to lead fulfilling lives.
To provide a range of quality accommodation, as well as support at home and supported living support, and
services to people with learning disabilitie5 and their families/carers to promote their self-respect,
individuality, dignity and to ensure they are safe and able to achieve their goals and wishes.

NEW DIRECTIONS (RUGBY) LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
We Believe:
Everyone is equal and should have the same chances and choices in life
People with learning disabilities should be listened to and supported to make choices that are right
forthem
That the views of families, friends, carers and staff are very important and should be heard - People
should be supported and erlcouraged to be as independent as their potential allows
That we should always strive to improve our Services and adapt them to the changing needs of the
people we support whilst ensuring value for money services
We will do that:
By putting the interests of vulnerable people, including those with learning disabilities, and their
families at the heart of everything we do, listening to their wishes, hopes and aspirations of their
futu res.
By adopting a person-centred approach, promoting individual choice, independence and by valuing
and treating everyone with dignity and respect.
By providing high quality accommodation and support through a range of sUPPOrted living,
residentia I, short st3y/respite, home care options, day, leisure, socia l activities and support towards
volunteering or employment opportunities.
By ensuring our staff are well supported, trained, highly motivated, able to deliver the highest
quality individually tailored support services to each person we are responsible for.
By striving to improve services, to continually raise local awareness, promoting the positive
contribution and potential of people with a learning disabil ity within thei r community.
New Directions is committed to enhance the rights, independence, choice and inclusion of people
with disabilities and to provide opportunities for them to lead full and purposeful lives and to be
involved in the community they live in.
Public Benefit
The Charity exists to support vulnerable people, including those with learning disabilities. their families and
carers: their choices and wishes are at the very heart of everything we do, through our person-centred
services. Our links with families, friends and carers are very important to the Charity and we aim to maintain
these and offer support as far as we are able. The Charity regularly reviews the ways in which it engages with
people who use the services, families, friends and carers. Current engagement methods include newsletters,
emails, social media and meetings with individuals.
In setting the Charity's objectives and strategies we have given due consideration to the Charity
Commission's guidance on public benefit.
The Charity currently supports over 115 people with a disability and employs over 200 people from Rugby
and the surrounding areas.
We also work with local schools, colleges and businesses to improve their understanding of disability issues,
facilitate opportunities for joint partnership working and more inclusion for people with disabilities, both in
the community and within social networks. We work in partnership with local groups and charities to share
OLJr resources wherever we can, including offering room hire within our buildings at affordable rates.

NEW DIRECTIONS (RUGBY) LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance
Charitable activities
The Charity continues to consolidate its financial reserves enabling it to invest in innovative new
developments and services to meet the needs of its existing and future customers.
Vicarage Road was formally deregistered as a Care Home in 2024 and we are planning to re-utilise this
property to help meet the demand we have seen for high quality respite provision. We are working with
Architects to develop plans to convert Vicarage Road into additional respite capacity.
Milner House, our residential respite service saw occupancy rates hitting an all-time high of 93%. We
continue to work with our funders to meet the increasing level of demand, identifying new people to
support and to maximise the income of the property to ensure that we can secure the long-term future for
the service as it is so vital for so ma ny families across Rugby and Warwickshire.
Community Choices Network ICCNI our day opportunities facility at The Exchange has seen a sustained level
of use. By working with the landlord of the property in 2024, two additional toilets have been fitted which
has made the facility much more comfortable for all.
Richmond Court, Gateway Court. Kings Court, Lennon Court and Queens Court continue to offer supported
housing for up to 75 people living in their own flats, enabling them to live as independently as possible. I
other individual is supported within their own home in Rugby.
Training compliance levels were sustained at over 990/ts across the organisation as we continue to work
towards ourtarget of achieving 100% compliance.
We have received a number of grants and donations during the year including a grant received from the
National Lottery Fund of £20,000 towards the purchase of a new minibus to enable the people we support
to acce55 transport as part of our Day opportunities provision. We also received a grant of £5,000 from The
29th May 1961 Charitable Foundation for the same purpose and a minibus was secured in April 2025. A
separate grant of £5,000 was secured from the Screwfix foundation towards the installation of hoists within
our re5Plte service.
We also received donations from local charities and businesses. The Rotary Club of Dunsmore donated
£2,000 having nominated New Directions as their charity of the year
Smaller grants and donations were received from Warwickshire County Councillors Community grants
scheme, Warwickshire CAVA Kind Food grant scheme and funds raised through a garage sale organi5ed bv
residents on the Woodlands estate of Rugby.
We received generous donations from Sir Edward Boughton Long Lawford Charity, and received fund5 raised
by the 'Pantomaniacs' who resolved that each year funds raised from their seasonal Panto performances
would be donated to New Directions Rugby.

NEW DIRECTIONS (RUGBY) LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Quality Assessments and Achievements
Care Quality Commission Assessments
All our homes and services hold a Good rating, under the CQC assessment regime, with very positive
inspection reports with no actions to follow up.
Disability Confident Employer
New Directions maintains its status as a Disability Confident Employer; this is the successor to 'Positive
about Disability
Feedback and Involvement by the People we Support
Customer and Stakeholder Satisfaction Feedback
The views of everyone involved with the Charity are very important to us. We obtain regular feedback
through user-friendly questionnaires and also through group meetings. These enable customers and
stakeholder5 to tell us what we do well and what they would like u5 to change. Our electronic feedback
forms enabled even more people to give feedback this yea r with high levels of satisfaction bei ng expressed
from 183 respondents which is a great increase on the previous year's 115 responses with each respondent
being able to submit anonymously should they choose to.
Person Centred Plans
Everyone we support has a person-centred plan, which involves placing the individual at the centre of the
plan, their family and friends and support staff. These plans are reviewed annually and are a key part of our
organisational philosophy. We look at what is important to the individual and how they can be supported to
achieve their needs and desires.
Voices and Choices and Tenants meetings
The people we support meet on a regular basis, supported by invited staff members, in a Voices and Choices
meeting. Tenants are also invited to quarterly meetings to discuss their homes and where they live. The
people we support have the opportunity to make suggestions and to tell us about their ideas at these
meeting5. These groups continue to be involved in shaping future services and to play an active part in
governance.
Developing our Communications
We continue to produce regular communications, which are formatted in an accessible, easy to read and
understandable format. This newsletter highlights the achievements and adventures of our customers and
staff along with future developments. We also send out email news updates, and information through our
Facebook, Twitter, Linkedln and Instagram social media pages and through updates on our website.
The star of the Month" award which recognises the hard work and commitment of individual staff members
continues to be well received and valued alongside our Teamwork and CEO'S Outstanding Contribution
awards to recognise our staff in greater num bers for their contributions.

NEW DIRECTIONS (RUGBY) LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Developing our Staff
New Directions is committed to and invests in a comprehensive staff training and development programme
for all its staff tea m, so they are knowledgeable, skilled, continually u pdated and to ensu re they can offer the
highest quality of services to people with learning disabilities. The improvements put in place and felt over
the last year in terms of learning and development has seen near 100% compliance in training achieved
across the organisation and satlsfaction and feedback from staff on their development rise accordi ngly.
The Board would like to thank all the staff and volunteers for their hard work and dedication over the
last year.
The Board is happy to report that the Charity achieved all strategic objectives set for the 2022-2025
period.
Future Developments
Our 2025-28 strategic objectives are:
To expand our respite provision by redeveloping and repurposing Vicarage Road into a 4 bed
respite care home to be run alongside Milner House
Embed our Awards ceremony held within our 2024 AGM in to every AGM going forward
Refresh the New Directions Website and branding in readiness for our 75th year celebrations
Celebrate our 75th year of providing accommodation and support in 2026
Secure the Care Home tender for Warwickshire'5 framework of residential providers
Expand our training offer externally and achieve accreditation through Highfield
Secure a new Minibus through fundraisingto increase our fleet of company vehicles
Maintain our Supported Living void leve15 at below 5
Financial review
Review of past financial year
The Charity has had another successful year and continues to steadily increase the number of people it
5UPPOrts.
Daisy Court, our latest residential 10 bed care home development, was officially opened by the Mayor of
Rugby on the 5th March 2024. Daisy Court has evolved into a wonderfully welcoming home and achieved
800A occupancy during 2024/5.
During 2024/5 much energy and time was focused upon reducing the number of voids within our supported
living properties and by the end of the financial year, the number of voids held had reduced 5ignificantlv
from 12 to 6. It was pleasing to see that our respite service at Milner House continued to Sustain high
occu pancy levels and our Day opportu nities service f urther increased attendance levels.
The investment in growth seen in recent years means that we are in a strong financial position going
forwards and the budgets for 2025 indicate that all services will make a positive financial contribution to the
Charity. Managers are required to report directly to the Board on their service and are held to account if
budgets are not maintained.

NEW DIRECTIONS (RUGBY) LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR fHE YEAR ENDED 31 MARCH 2025
The Board. CEO and management team recognise that while 2024/5 has been a very busy and rewarding
year, the investments made into developing new services and our focus upon the Key Performance Indicators
for our services and the Charity as a whole have resulted in the provision of high-quality support and
evidenced improvements. All are committed to keeping the running costs of the Charity as low as possible,
whilst maintaining our high quality, responsive services.
Going Concern Basis
The National Living Wage increased again during the year, which places a significant burden on the Social
care sector at a time when the increase in National I nsurance contributions place add itional pressures upon
care providers across the sector. Our funders announced a mixture of funding increases for the year of 2024/
5, yet with careful planning the Board of Trustees was able to put in place an 6.7Yo increase for our frontline
staff in recognition of the increase in national minimum wage. The Charity has achieved planned growth in
the last few years and the Trustees are confident the Charity will continue to operate as a going concern for
the foreseeable future.
Reserves policy
The trustees of New Directions believe that the Charity should hold financial reserves because..
l. It has no endowment funding and is dependent for income upon fees received from the local government.
U nder present circLJmsta nces this may be expected to reduce significantly and/or at short notice.
2. It requires protection against and the ability to continue operating despite any unforeseen events or
tempora ry shortfalls.
3. It is necessary to provide funds which can be designated to specific projects in line with our strategic
objectives
4. To cover administration, fundraising and support costs without which the Charity could not function.
The trustees consider it prudent that free reserves, defined as net current assets less amounts that are
designated or restricted for a specific purpose, should be sufficient to cover 3-6 months, administration,
fundraising and support costs, and to provide a pool from which fund5 can be designated. The trustees also
consider it prudent to ensure that it retains sufficient cash to cover 3 months, cash flow. The required level of
free reserves and cash held, along with the position at the end of each quarter, is reported to the trustees at
each board meeting.
The reserves policy is reviewed by the trustees every three years. The Charity holds general unrestricted
funds of £3,709,24712024'. restated £3.466,5611, unrestricted designated funds of £317,91912024: restated
£321,791) and restricted funds of £31,39612024: restated £2,470).

NEW DIRECTIONS (RUGBY) LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure• governance and management
Governing document
The company is a charitable company limited by guarantee originally incorporated on 19 September 1991. A
Memorandum and Articles of Association governs the Charity. It is independent from all other organisations
and public bodies.
Organisational structure
The Charity is governed by a Board of Trustees (Directors), supported by a management team led by a Chief
Executive. The management team consists of a Finance Manager, a Human Resources Manager, Operations
Managers, Registered Managers. Deputy Managers, Facilities Manager, Training Manager and Off ice
Manager. The Chief Executive is responsible for the day to day running of the Charity and is appointed as the
Responsible Individual as required by the Care Standards Act and the Essential Standards of Quality and
Safety. The Chief Executive, Finance Manager, Human Resources Manager and Operations Managers report
directly to the Board of Trustees.
Board of Trustees
The Board of Trustees presently consists of ten members and meets a minimum of four times per annum.
The maximum number of trustee5 IS twelve and shall be not less than five. The powers of the Board are
defined in the Articles of Association dated 7th January 2014. The Board is made up of members who have a
range of experience in areas such as special needs education, finance, psychology, business development,
housing and local authority, legal matters and family members of the people we Support, who can give an
insight into living with people with learning disabilities. The board members provide complimentary skills,
experience and knowledge ensuring an objective view in any management discussion.
The Board has two sub-groups being Finance and Development and Quality Assurance and Policy.. both made
up of Trustees and are supported by the management team. The Sub-Groups have delegated powers and
agreed Terms of Reference and report to the Full Board of Trustees. Following a Governance review held in
October 2023, each trustee is also allocated to the development of one of the following 8 areas of good
governance as def ined by NCVO,. Foundation principle. Organisational purpose, Leadership, Integrity,
Decision making, risk and control, Board effectiveness, Equality, diversity and inclusion and Open &
accountable.
Trustees are openly recruited through the use of the Charity website. the national REACH volunteering
website and network, social media and direct promotional mailings to families of those supported by the
charity as well as through 'word of mouth,. The skills requ ired from new Trustees are identif led by analysing
the Trustee skills audit held by the charity. Potential Trustees expressing an interest in the role a re invited to
hold informal discussions with the Chief Executive, attend an informal meeting with the Chair and or Vice
Chair of Trustees prior to attending Board and subcommittee meetings as an observer. References are taken
up and a full DB5 check obtained for any Trustee considered for appointment. Any prospective Trustee
brought on to the Board during the year is co-opted by the Trustees until they are formally proposed and
elected to the role at the next AGM.

NEW DIRECTIONS (RUGBY) LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees, who are also the directors for the purpose of company law, and who served during the year
and up to the date of Signature of the financial statements were:
J Jarman
S Barhey
AGiles
L Hanson
P Hughes
J Phillips
D Rayner
M Sedgley
K Ward
(Appointed 27 May 2025 and resigned 8 October 20251
(Resigned 9 September 20241
S Back
A CanalÈ-Parola (Chair}
Regulation, Compliance and Funders
As a provider of supported living, re5Plte, supported housing and residential care services the Charity is
subject to regulations set out by the Care Quality Commission. The Charity is subject to planned and
unplanned inspections to ensure that all regulations are complied with. The Chief Executive reports the
findings of all inspection reports to the Board and any action taken or needed. In complying with the
Essential Standards of Quality and Safety from the Care Quality Commission, the Trustees are of the opinion
that a I I risks relating to the activities of the Charity have been identified and robust systems and procedures
are in place to manage those risks.
The Charity works closely with the Local Authority, Warwickshire County Council and the National Health
Service in the form of the Integrated Commissioning Board IICB). Most customers are financed by fees paid
by either Warwickshire County Council or the ICB. The Charity has developed good working relationships
with Warwickshire County Council and the ICB and has developed innovative services and accommodation in
line with the needs of the people it supports and commissioning intentions. Some customers also pay out of
their own personal budgets.
Structure, Governance and Management
The Chief Executive is responsible for ensuring that all the financial controls are in place. The Finance
Manager carries out the day-to-day fu nctions and is responsible to the Chief Executive.
Major financial decisions are made by the Board of Trustees.
The Board has confirmed its compliance with the Good Governance Code of Practice as recommended by
the Charity Commission. This includes internal controls, financial, governance and risk management, whistle-
blowing, equality and diversity, performance appraisal, clarity of roles and measures to avoid personal
benefit or confl icts of i nterest.

NEW DIRECTIONS (RUGBY) LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
Pay and remuneration of key management
All key management posts have salary scales in place informed by benchmarking data and/or the
benchmarking advice of our external HR advisors. Progression through each salary scale is subject to a
performance review process and is dependent upon the achievement of targets, overall contribution to the
company's strategic objectives and financial affordability. All posts are regularly checked against the social
care market locally and regionally to ensure competitiveness and our abil ity to effectively recruit.
Pay u plifts are agreed across the organisation each year by the Trustees as part of the cha rity's budget-setting
process and applied from April each year. Annual pay uplifts are dependent upon the financial uplifts
received from our funders, principally Warwickshire County Council and the Integrated Care Board. As pay
uplifts are applied across the whole organisation, this ensures that the differentiation between roles and
responsibilities is protected and a clear progression route is maintai ned.
Risk management
The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error. The Charity has a
risk strategy in place along with a detailed risk register ensuring that the risks are identified, assessed and
managed. Significant risks to the charity are reviewed by the Trustees at every Board meeting.
Risks a re grouped into Strategic, Compliance, Operational, Financial and Reputational risks. Each risk is rated
for its impact and likelihood of occurring given any mitigating actions already taken.
At the time of the report, principal risks identified scoring 3 or above on a scale of 1-5 included; reducing
voids within supported living premises, reducing agency costs and engaging with the Fair Pay Agreement
consultation for social care.
The Board has in place clear monitoring and reporting requirements for each of these risks to ensure that,
supported living voids are kept within the targets set by the budget for 2025/6, that agency costs steadily
reduce and that the charity actively engages in local and national consultations so that any resulting fair pay
agreement is a pplied to al I ca re workers equal ly and that local authorities are financia I IV resourced i n order
that all providers can meet any resulti ng add itional costs.
Each of these three principal risks are RAG rated as Amber and scored at 3 on the 1-5 scale. None of these
risks is currently expected to adversely affect the financial performance or position of the charity going
forward.

NEW DIRECTIONS (RUGBY) LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Statement of Trustees, responsibilities
The Trustees. (who are also the directors of New Directions (Rugby) Limited for the purpose of company lawl
are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Com pany law requires the Trustees to prepare financia I statement5 for each fina ncial year which give a true
and fair view of the State of affairs of the Charity and of the incoming resources and application of resources,
including the income and expenditure, of the charitable company for that year.
I n prepa ring these financial statements, the Trustees are required to:
select Sultable accounti ng policies and then apply them consistently,.
observe the methods and principles in the Charities SORP,.
make judgements and estimates that are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that d isclose with reasonable accuracy
at any time the financial position of the Charity 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 Charity
and hence for taking reasonable steps for the prevention a nd detection of fraud and other irregula rities.
Auditor
Burgis & Bullock were appointed as auditor to the company during the period. The auditors will be proposed
for re-appointment at the forthcoming Annual General Meeting. This report has been prepared in
accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Disclosure of information to auditor
In 50 far as the trustees are aware..
there is no relevant audit information of which the charitable company's auditors are unaware: and the
trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
information and to esta blish that the auditors are aware of that i nformation,
The Trustees, report was approved by the Board of Trustees.
J Jarman
Trustee
Date=
10

NEW DIRECTIONS (RUGBY) LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF NEW DIRECTIONS (RUGBY) LIMITED
Opinion
We have audited the financial statements of New Directions (Rugby) Limited Ithe 'Charity'l for the year
ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement
of cash flows and notes to the financial statements, including significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard
opplicable in the UK ond Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its
incoming resources and application of resources, including its income and expenditure. for the ye3r
then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the finoncial statements section of our report. We are independent of the
Charity in accordance with the ethical req uirements that are releva nt to our a udit of the financial statements
in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained is suff icient and
appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of
accounti ng in the prepa ration of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to event5
or conditions that, individually or collectively, may cast significant doubt on the Charity's abil ity to continue
as a going concern for a period of at least twelve months from when the financial statements are authorised
for issue.
Our responsibilities a nd the responsibilities of the Trustee5 Wlth respect to going concern a re described in
the relevant sections of th is report.
11

NEW DIRECTIONS (RUGBY) LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF NEW DIRECTIONS (RUGBY) LIMITED
Other information
The other information comprises the information included in the annual report other than the financial
statements and our auditor's report thereon. The Trustees are responsible for the other information
contained within the annual report. Our opinion on the financial statements does not cover the other
information and, except to the extent otherwise explicitly stated in our report, we do not express any form of
assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider
whether the other information is materially inconsistent with the financial statements or our knowledge
obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such
material incon515tencies or apparent material misstatements, we are required to determine whether this
gives rise to a material misstatement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information, we are required to
report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the Trustees, report for the financial year for which the financial statements
are prepared, which includes the directors, report prepared for the purposes of company law, is
consistent with the financial statements; and
the directors, report included within the Trustees, report has been prepared in accordance with
applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Charity and its environment obtained in the course of
the audit, we have not identified material misstatements in the directors, report included within the
Trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not been
received from branches not Vlslted by us; or
the financial statements are not in agreement with the accounting records and returns,. or
certain disclosu res of trustees, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit,. or
the Trustees were not entitled to prepare the financial statements in accordance with the small
companies regime and take advantage of the small companies, exemptions in preparing the Trustees,
report and from the requirement to prepare a strategic report.
12

NEW DIRECTIONS (RUGBY) LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF NEW DIRECTIONS (RUGBY) LIMITED
Responsibilities of Trustees
As explained more fully in the statement of Trustees, responsibilities, the Trustees, who are also the directors
of the Charity for the purpose of company law, are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view, and for such internal control as the
Trustees determine is necessa ry to ena ble the preparation of fi na ncial statements that are free from material
misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are
responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable,
matters related to going concern and using the going concern basis of accounting unless the Trustees either
intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do
so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes
our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted
in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can
arise from fraud or error and are considered material if, individually or in the aggregate, they could
reasonably be expected to influence the economic decisions of users taken on the basis of these financial
statements.
Irregularities, including fraud, are instances of non-compliance with law5 and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud, is detailed below.
We gained an understanding of the legal and regulatory framework applicable to the Charity and the industry
in which it operates and assessed the extent of compliance with these laws and regulations as part of our
procedures on the related financial statement items.
Based on our understanding of the Charity and industry we identified that the principal risk of non-
compliance with laws and regulations related to breaches of Health & Social Care Acts, Human Rights Act,
Safeguarding, Mental Capacity Act, Health & Safety and Environmental Regulations, GDPR, Charities Act
2011, Companies Act 2006 and UK Employment Law. We also evaluated management incentive and
opportunities for fraudulent manipulations of the financial statements.
13

NEW DIRECTIONS (RUGBY) LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF NEW DIRECTIONS (RUGBY) LIMITED
Audit procedures performed included,.
Reviewing returns made to Companies House, HMRC and the Charities Commission,.
Reviewing board minutes for any evidence of breaches of laws and regu lations or fraudulent activity not
otherwise disclosed to the aud itors,-
Discussions with management, including consideration of known or suspected incidences of non-
compliance with laws and regulation and fraud,.
Identifying and assessing the design effectiveness of controls in management have in place to prevent
and detect fraud;
Challenging assumptions and judgments made by management in their significant accounting estimates
and assessing if these indicate evidence of management bias;
Reviewing the accounting records for large and unusual journal entries and testing any identified and in
particular the rationale for any transactions outside the Charity's charitable activities-
Reviewing the accounting records for large and unusual bank payments and testing any identified and in
pa rticu lar the rationale for any transactions outside the Cha rity's charitable activities;
Testing a sample of debit entries in the income & expenditure account to check they are bona-fide costs
of the Charity and in line with the charitable objectives;
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities,
including those leading to a material misstatement in the financial statements or non-compliance with
regulation. This risk increases the more that compl lance with a law or regulation is removed from the events
and transactions reflected in the financial statements, as we will be less likely to become aware of instances
of non-compl lance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as
fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council's website at:
https'.//www.frc.org.uk/auditorsresponsibil ities. This description forms part of our a uditor's report.
Use of our report
This report is made solely to the charitable company's members. as a body, in accordance with Chapter 3 of
Part 16 of the Companie5 Act 2006. Our audit work has been undertaken so that we might state to the
charitable company's members those matters we are required to state to them in an auditor's report and for
no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the charitable company and the charitable company's members as a body, for our audit
work, for this report, or for the opinions we have formed.
Wende Hubbard FCCA (Senior Statutory Auditor)
For and on behalf of Burgis & Bullock, Statutory Auditor
Chartered Accountants
23-25 Waterloo Place
Leamington Spa
Warwickshire
CV32 SLA
Date=
14

NEW DIRECTIONS (RUGBY) LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Current financial year
Unrestricted Unrestritted
funds
funds
general designated
2025
2025
Restricted
funds
Total
Total
2025
2025
2024
as restated
Notes
Income from:
Donations and legacies
Charitable activities
1,916
30,800
32,716
6,885,031
212
29,243
5,572,616
3,250
6,885,031
212
Investments
Total income
6,885,243
1,916
30,800
6,917,959
5,605,109
Expenditure on:
Charitable activities
6,642,557
5,788
1,874
6,650,219
5,582,930
Total expenditure
6,642,557
5,788
1,874
6,650,219
5,582,930
Net income/(expenditure)
242,686
13,8721
28,926
267,740
22,179
Net movement in funds
242,686
13,8721
28,926
267,740
22,179
Reconciliation of funds:
Fund balances at l April 2024
3,466,561
321,791
2,470
3,790,822
3,768,643
Fund balances at 31 March 2025
3,709,247
317,919
31,396
4,058,562
3,790,822
The statement of financial activities includes all gains and losses recognised in the year. All income and
expenditure derive from continuing activities.
15-

NEW DIRECTIONS (RUGBY) LIMITED
STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Prior financial year
Unrestricted Unrestricted
funds
funds
general designated
2024
2024
as restated
as restated
Restricted
funds
Total
2024
as restated
2024
as restated
Notes
Income from:
Donations and legacies
Charitable activities
Investments
19,615
5,572,616
3,250
9,628
29,243
5,572,616
3,250
Total income
5,595,481
9,628
5,605,109
Expenditure on:
Charitable activities
5,572,171
7,010
3,749
5,582,930
Total expenditure
5,572,171
7,010
3,749
5,582,930
Net income/(expenditure)
23,310
2,618
13,7491
22,179
Transfers between funds
162,540
162,5401
iioo,0001
Net movement in funds
185,850
159,9221
1103,7491
22,179
Reconciliation of funds:
Fund balances at l April 2023
3,280,711
381,713
106,219
3,768,643
Fund balances at 31 March 2024
3,466,561
321,791
2,470
3,790,822
16-

NEW DIRECTIONS (RUGBY) LIMITED
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
as restated
Notes
Fixed assets
Tangible assets
12
5,465,576
5,422,529
Current assets
Debtors
Cash at bank and in hand
13
1,164,618
416,057
755,580
574,827
1,580,675
1,330,407
Creditors: amounts falling due within
one year
15
1523,4471
12,542,836)
Net current a5sets/{liabilities)
1,057,228
11,212,429)
Total assets less current liabilities
6,522,804
4,210,100
Creditors: amounts falling due after
more than one year
17
12,464,242)
1419,2781
Net assets
4,058,562
3,790,822
The funds of the Charity
Restricted income funds
U nrestricted f unds - general
U n restricted fund5 - designated
19
21
31,396
3,709,247
317,919
2,470
3,466,561
321,791
20
4,058,562
3,790,822
The fina
I statements were approved by the Trustees on
A Canal
Trustee
rola (Chairl
Company registration number 02647131 (England and Wales)
17-

NEW DIRECTIONS (RUGBY) LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
as restated
Notes
Cash flows from operating activities
Cash generated from operations
Interest paid
Net cash used in operating activities
25
171,420
1189,148)
12,672
(172,7761
117,7281
1160, 1041
Investing activities
Pu rchase of ta ngi ble fixed asset5
Investment income received
183,6681
212
11,177,921)
3,250
Net cash used in investing activities
183,4561
{1,174,6711
Financing activities
Proceeds from new bank loans
Repayment of bank loans
2,150,000
12,207,586)
1,189,917
155,6751
Net cash (used in)/generated from financing
activities
157,5861
1,134,242
Net decrease In cash and cash equivalents
1158,7701
1200,5331
Cash and cash equivalents at beginning of year
574,827
775,360
Cash and cash equivalents at end of year
416,057
574,827
18-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charity information
New Directions (Rugby) Limited is a private company limited by gua rantee incorporated in England and
Wales. The registered off ice is Richmond Lodge. 27 Bilton Road, Rugby, Warwickshire, CV22 7AN.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Charity's governing document, the
Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland and the Charities SORP 'Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021" The Charity is a Public Benefit Entity
as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the Charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal
accounting policies adopted are set out below.
1.2 Prior period restatement
The prior year has been restated to correct certain designated funds that had been historical ly classif led
as restricted funds in error,. support and governance costs that had not been apportioned over
charitable activities; agency staff costs that had been incorrectly included in wages and salaries-
operating lease commitments that were incorrectly disclosed, mortgage loan interest that had not been
allocated to the correct charitable activity,- to include custodial assets held as appointee on behalf of
services users previously not included,. irrecoverable bad debts not provided for and bank loans
incorrectly shown as payable after five years and not correctly split between due within one year and
after one year.
The effect of the adj ustment to include custodial assets held as appointee on behalf of Service users is
an increase in cash at bank brought forward of £82,448 as at the 31 March 2024, and an increase in
other creditors for the same amount.
The effect of the correction of certain designated funds is a reduction in restricted funds brought
forward of £56,283 as at the l April 2024, a reduction in unrestricted funds brought forward of
£265,508 as at the l April 2024 and an increase in designated funds of £321,791.
The effect of the irrecoverable bad debt adjustment 15 a reduction in unrestricted reserves brought
forward of £113,280 as at the l April 2024 and an increase in bad debt provision brought forward for
the same amount. In addition there is a reduction in income for year ended 31 March 2024 of
£113,280.
19

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policie5
(Continued)
1.3 Going concern
At the time of approvi ng the f inancia I statements, the Trustees have a reasonable expectation that the
Charity has adequate resources to continue in operational existence for the foreseeable future. At 31
March 2025, the charity had loan facilities totalling £2,568,057 which mature in July 2026. The Trustees
a re confident that these facilities can be refinanced on sim ilar terms and therefore continue to adopt
the going concern basis of accounting in preparing the financial statements.
1.4 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their
cha ritable objectives.
Designated funds comprise funds which have been set aside at the discretion of the Trustees for
specific purposes. The purposes and uses of the designated funds are set out in the notes to the
financial statements.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used.
The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.5 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have
been met, the amounts can be measured reliably, and it 15 probable that income will be received,
I ncome for charita ble activities is measu red at the fair value of the consideration received or receivable
and represents amounts receiv2 ble for services provided.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been
notified of the donation. unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the
time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending
distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is
treated as a contingent a55et.
Grant income is recognised when the Charity is legally entitled to it after any performance condition5
have been met, the amounts can be measured reliably, and it is probable that income will be received.
20-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
1.6 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer econom ic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement, and
the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs
and shared costs, incl udi ng support costs involved in undertaking each activity. Direct costs attributable
to a single activity are allocated directly to that activity. Shared costs which contribute to more than one
activity and support costs which are not attributa ble to a single activity are apportioned between those
activitie5 on a basis consistent with the use of resou rces. Central staff costs are allocated on the basis of
time spent, and depreciation charges are allocated on the portion of the asset's use.
1.7 Tangible fixed assets
Tangible fixed assets are initially measured at Cost and subsequently measured at cost or va luation, net
of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values
over their useful l ives on the following bases..
Freehold land and buildings
Leasehold13nd and buildings
Fixtures and f ittings
Motor vehicles
not depreciated
period of the lease
250A on straight line basis
250A on straight line basis
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the ca rrying value of the asset, and is recogn ised in the statement of fi nancia l activities.
The trustees consider that the freehold buildings are maintained in such a state of repair that their
residual value is at least equal to their net book value. As a result, the corresponding depreciation
wou Id not be material and therefore is not charged in the Statement of Fi nancial Activities.
1.8 Impairment of fixed assets
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those a55ets have suffered an impairment loss. If any such
i ndication exists. the recoverable amou nt of the asset is estimated in order to determ ine the extent of
the impairment loss lif any).
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-term liquid
i nvestments with original maturities of three months or less, and ban k overdrafts. Bank overdrafts are
shown within borrowings in current l iabi lities.
21

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
1.10 Financial instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section
12 '0ther Financial Instruments Issues, of FRS 102 to all of its financia l i nstruments.
Fi nancial instru ments are recognised in the Charity's bala nce sheet when the Charity becomes party to
the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements,
when there is a legal ly enforceable right to set off the recognised amounts and there is an intention to
settle on a net basis orto realise the asset and settle the liability simultaneously.
Busicfinuncial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the
transaction is measured at the present value of the future receipts discounted at a market rate of
interest. Financial assets classified as receivable within one yea r a re not amortised.
Basicfinancial liubilities
Basic financial liabi lities, including creditors and bank loans a re initially recognised at transaction price
unless the arrangement constitutes a financing transaction, where the debt instrument is measured at
the present value of the future payments discounted at a market rate of interest. Financial liabilities
classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
cou rse of operations from suppliers. Amounts payable are classified as current lia bilities if payment is
due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are
recognised initially at transaction price and subsequently measured at amortised cost using the
effective interest method.
Derecognition offinancial liubilities
Financial liabi lities are derecognised when the Charity's contractual obligations expire or are discharged
or cancelled.
1.11 Employee benefits
The cost of any unused hol iday entitlement is recogn ised i n the period in wh ich the employee's services
are received.
Termination benefits are recognised immediately as an expense when the Charity Is demonstrably
committed to terminate the employment of an employee or to provide termination benefits.
-22-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
1.12 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall
due.
Critical accounting estimates and judgements
In the application of the Charity's accounting policies, the Trustees are required to make judgements.
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumption5 are based on historical
experience and other factors that are considered to be relevant. Actual results may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recogn ised i n the period in which the esti mate is revised where the revision affects on ly
that period, or in the period of the revision and futu re periods where the revision affects both current
and future periods.
Support cost allocation
Support costs are allocated between the expenditu re categories of the Statement of Financial Activities
on a basis designed to reflect the use of the resources. Costs relating to a particular activity are
a Ilocated directly.
Bad debt provision
The charity makes an esti mate of the recoverabil ity of trade and other debtors. Th is involves assessi ng
the likelihood of collection based on h istorical experience a nd specific knowledge of individual debtor
circumstances. Actual outcomes may differ from these estimates. The bad debt provision at 31st March
2025 amounts to £190,580 {2024'. restated £113,2801.
-23-

rtr X5
v iJ
ij

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and legacies
(Continued)
Government grants
Of the £30,800 grants received during the year, £800 were government funded.
Income from charitable activities
Unrestricted Unrestricted
funds
funds
2025
2024
a5 restated
Residential care
Residential services
1,930,877
1,127,323
Supported living
Home care/Supported living
3,105,165
2,714,110
Respite care
Respite care
314,928
277,858
Community choices network
Day opportun ities
575,792
493,807
Supported living rentals
Rental income
958,269
959,518
6,885.031
5,572,616
Income from investments
Unrestricted Unrestricted
funds
funds
2025
2024
Interest receiva ble
212
3,250
25-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on charitable activities
Residential Supported Respite care Community Supported
care
living
hoices
living
network
rentals
2025
Total
2025
2025
2025
2025
2025
Direct costs
Staff costs
Depreciation and
impairment
Other costs
Rent
Agency staff
Mortgage interest
Property maintenance
and cleaning
Rates a nd utilities
Food and household
1,111,451 2,639,609
210,297
315,513
274,992 4,551,862
6,873
33,843
4,440
18,189
21,000
11,313
87,308
479,572
297,570
189,148
18,093
3,310
13,873
458,572
60,759
189,148
217,648
19,163
59,529
29,224
48,414
5,106
5,343
3,281
3,458
6,154
7,309
5,594
10,948
2,180
68,380
37,061
613
142,067
88,730
61,797
1,539,241 2,889,080
249,691
377,864
853,491 5,909,367
Share of support and governance costs (see note 71
Support
150,271
497,621
26,260
60,135
6,565
740,852
1,689,512 3,386,701
275,951
437,999
860,056 6,650,219
Analysis by fund
U n restricted funds
genera I
Unrestricted funds -
designated
Restricted funds
1,682,150 3,386,401
275,951
437,999
860,056 6,642,557
5,488
1,874
300
5,788
1,874
1.689,512 3,386,701
275,951
437,999
860,056 6,650,219
26-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on charitable activities
(Continued)
Previous year:
Residential Supported Respite care Community Supported
care
living
choices
living
network
rentals
2024
2024
Total
2024
2024
2024
as restated as restated as restated a5 restated as restated as restated
2024
Direct Costs
Staff costs
Depreciation and
impairment
Other costs
Mortgage interest
724,647 2,422,312
171,241
271,141
237,428 3,826.769
3,289
345,896
172,776
4,382
54,917
7,671
761,208
172,776
11,228
31,928
317,239
1,246,608 2,433,540
203,169
330,440
554,667 4,768,424
Share of support and governance costs (see note 71
Support
172,511
530,481
40,764
64,729
6,021
814,506
1,419,119 2,964,021
243,933
395,169
560,688 5,582,930
Analysis by fund
U nrestricted funds -
general
U n restricted funds -
designated
Restricted funds
1,409,910 2.963.021
243,933
394,619
560,688 5,572,171
5,460
3.749
1,000
550
7,010
3,749
1.419,119 2,964.021
243,933
395,169
560,688 5,582,930
-27-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR fHE YEAR ENDED 31 MARCH 2025
Support costs allocated to activities
2025
2024
Staff costs
Depreciation
Other employment costs
Health, safety and cleaning
Rent, rates and utilities
Insurance
452,139
29,308
28,868
16,119
14,039
49,224
9,071
4,572
75,379
16,035
3,181
5,589
37,328
388,098
45,526
45,619
34,670
14,732
32,012
10,346
18,384
74,597
24,155
4,510
6,259
25,260
90,338
Property costs
Motor and travel expenses
Computer, telephone and postage
Marketi ng a nd advertlsing
Bank interest
5undrv
Governance costs
Other cost5
740,852
814,506
Analysed between:
Residential care
Supported living
Respite care
Community choices network
Supported living rentals
150,271
497,621
26.260
60,135
6,565
172,511
530,481
40,764
64,729
6,021
740,852
814,506
Support costs a re allocated between the expend iture categories of the Statement of Financia l Activities
on a basis designed to reflect the use of the resources. Costs relating to a particular activity are
allocated di rectly.
Net movement in funds
2025
2024
The net movement in funds is stated after cha rging/lcrediting):
Fees paya ble for the a udit of the charity's financial statements
Depreciation of owned tangible fixed assets
12,750
40,621
4,620
53,197
-28-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
None of the Trustees lor any persons connected with them) received any remuneration or benefits
from the Charity during the year.
10 Employees
The average monthly number of employees during the year was:
2025
Number
2024
Number
Senior managers
Care managers
Administrative staff
Support staff
183
135
Total
194
150
Employment costs
2025
2024
as restated
Wages and salaries
Social security costs
Other pension costs
4,525,508
386,768
91,725
3,841.711
296.799
76.357
5,004,001
4.214,867
Year ended 31 March 2024 employment costs have been restated to re-allocate agency staff costs.
As at 31 March 2025, there were 14612024.. 1251 full time equivalent employees.
The number of employee5 whose annual remuneration was more than
£60,000 15 as follows:
2025
2024
Number
Number
£70,001 to £80,000
£80,001 to £90,000
-29-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
ID Employees
{Continuedl
Remuneration of key management personnel
The remuneration of key management personnel was as follows..
2025
2024
Aggregate compensation
215,380
174,823
11 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable
purposes.
12 Tangible fixed assets
Freehold land Leasehold land
and buildin85
and buildings
Fixtures and Motor vehicles
rittings
Total
Cost
At l April 2024
Additions
5,307.007
8,600
44,025
213,372
49,363
61,854 5,626,258
25,705
83,668
At 31 March 2025
5,315,607
44,025
262,735
87,559 5,709,926
Depreciation and impairment
At l April 2024
Depreciation charged in the year
38,809
4,440
114,526
29,309
50,394
6,872
203,729
40,621
At 31 March 2025
43,249
143,835
57,266
244,350
Carrying amount
At 31 March 2025
5,315,607
776
118,900
30,293 5,465,576
At 31 March 2024
5,307,007
5,216
98,846
11,460 5,422,529
-30-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Debtors
2025
2024
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
995,901
636,167
700
168,717
118,713
1,164,618
755,580
14 Loans and overdrafts
2025
2024
a5 restated
Bank loans
2,568,057
2,625,642
Payable within one year
Payable after one year
103,815
2,464,242
2,206,364
419,278
The bank loans are secured on Richmond Lodge, 27 Bilton Road, Rugby CV22 7AN, Poppy Place, 1-3
Alfred Street, Rugby CV21 2EL, Daisy Court, IA Market Street, Rugby CV213HG and 30 Vicarage Road,
Rugby CV22 7AJ, together with a fixed and floating charge over al I the charity's other assets.
The loan facilities mature in J uly 2026. The trustees are conf ident that these facilities can be refina nced
on similar terms.
Interest was paid on the loan during the year amounting to £189,14812024: £172,7761.
31

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Creditors: amounts falling due within one year
2025
2024
as restated
Note5
Bank loans
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
14
103,815
74,264
58,314
104.121
182,933
2,206,364
69,762
28,027
87.901
150,782
523,447
2,542,836
16 Cash held on behalf of service users
Included within other c￿dItorS is £85.79612024: £82,449) of cash at bank held in bank accounts in the
name of charity but operated in the charity's capacity as appointees of certain service users.
17 Creditors: amounts falling due after more than one year
2025
2024
as restated
Notes
Bank loans
14
2,464.242
419,278
18 Retirement benefit schemes
2025
2024
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes
91,725
76,357
The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of
the scheme are held separately from those of the Charity in an independently administered fund.
32-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Restricted fvnds
The restricted funds of the charity comprise the unexpended balances of donations and grants held
subject to specific conditions by donors as to how they may be used.
At l April
2024
as restated
Incoming
resources
Resources
expended
Transfers At 31 March
2025
Transport fund
Respite hoist fund
Vehicle fund
Minibu5 fund
595
595
5,000
5,000
1.875
11,874)
25,800
25,800
2,470
30,800
{1,8741
31,396
Previous year:
At l April
2023
as restated
Incoming
resources
Resources
expended
as restated
Transfers At 31 March
2024
as restated
as restated
as restated
Transport fund
Vehicle fund
Daisy Court fund
595
5,624
loo,000
595
1,875
(3,7491
{ioo.000)
106,219
13,749) 1100,0001
2,470
Restricted and designated funds funds brought forward have been reclassifed to reflect the correct
nature of these funds.
33-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Unrestricted funds- designated
These are unrestricted fu nds which are material to the Charity's activities.
At l April
2024
Incoming
resources
Resources
expended
Transfers At 31 March
2025
as restated
Other immaterial funds
Day opportunities fund
Respite fund
Hardship benevolent fund
Poppy Place fund
Development and
maintenance fund
7,893
5,745
10,189
11,651
20,805
501
815
600
(3001
8,094
6,560
10,789
11,651
15,317
{5,4881
265,508
265,508
321,791
1,916
15,7881
317,919
Previous year:
At l April
2023
as restated
Incoming
resources
Resources
expended
as restated
Transfers At 31 March
2024
as restated
as restated
as restated
Other immaterial funds
Day opportunities fund
Respite fund
Hardship benevolent fund
Poppy Place fund
COVID recovery fund
Development and
maintenance fund
8,878
5,795
1,076
11,651
26,265
62,540
15
11,0001
15501
7,893
5,745
10,189
11,651
20,805
500
9,113
15,4601
162,5401
265,508
265,508
381,713
9,628
17,010}
162,5401
321,791
Other immaterial funds consist of six balances, being, communal assets fund, hardship benevolent
fund, Queens Court fund, Kings Court fund, Gateway fund, supported living garden fund and Daisy
Court fund.
-34-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
21 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which
are not subject to specific conditions by donors and grantors as to how they may be used. These
include designated f unds wh ich have been set aside out of unrestricted funds by the trustees for
specif ic purposes.
At l April
2024
as restated
Incoming
resource5
Resources
expended
Transfers At 31 March
2025
General funds
3,466,561
6,885,243
16,642,557)
3,709.247
Previous year:
At l April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
as restated
as restated
General funds
3,280,711
5,595,481
15,572,171)
162,540
3,466,561
22 Analysis of net a55ets between funds
Unrestricted Unrestricted
funds
funds
general designated
2025
2025
Restricted
funds
Total
2025
2025
At 31 March 2025:
Tangible assets
Current assets/lliabilities}
Longterm liabilities
5,460,988
712,501
12,464,242)
4,588
313,331
5,465,576
1,057,228
12,464,242)
31,396
3,709,247
317,919
31,396
4,058.562
-35-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
22 Analysis of net assets between funds
(Continued)
Unrestricted Unrestricted
funds
funds
general designated
2024
2024
as restated
Restricted
funds
Total
2024
2024
as restated
as restated
as restated
At 31 March 2024:
Tangible assets
Cu rrent assets/lliabilitiesl
Long term liabilities
5,411,069
11,525,230}
1419,2781
9,586
312,205
1,874
596
5,422,529
11,212,429)
1419,2781
3,466,561
321,791
2,470
3,790,822
23 Operating lease commitments
Lessee
The operating lease payments represent rentals payable by the company for certain of its properties.
Leases are negotiated for an average term of 10 years and rentals are fixed with rent reviews taking
place on average every 3 years.
At the reporting end date the Charity had outstanding commitments for future minimum lease
payments under non-cancellable operating leases, which fall due as follows..
As restated
2024
2025
Within one year
Between two and five years
In over five year5
458,930
1,585,278
511,788
458,930
1,585,248
650,974
2,555,996
2,695,152
Operating lease commitments are restated to correct an error disclosed within the f inancial yea r ended
31 March 2024 amounts falling due between two and five years.
36-

NEW DIRECTIONS (RUGBY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
24 Related party transactions
There were no disclosable related party tra nsactions during the year12024 - none).
25 Cash generated from operations
2025
2024
as restated
Surplus for the year
267,740
22,179
Adjustments for:
Investment income recognised i n statement of f inancia l activities
Depreciation and impairment of tangible fixed assets
Interest paid
12121
40,621
189,148
13,2501
53,197
172,776
Movements in working capital:
{Increasel i n debtors
Increase/ldecreasel in creditors
1409,038)
83,160
1190,2061
142,0241
Cash generated from operations
171,419
12,672
26 Analysis of changes in net {debt)/funds
At l Aprll 2024
as restated
Cash flows At 31 March 2025
Cash at bank and in hand
574,827
1158,770)
416,057
Loans falling due within one year
Loan5 falling due after more than one year
12,206,364)
2,102,549
1103,8151
{419,2781 12.044,9641 12,464,242)
12,050,815)
1101,185) 12,152,000)
37-