POSSABILITIES C.I.C.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KM Chartered Accountants & Statutory Auditors

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”

Significant events

• “This has been another incredible year for Rachel and her team at PossAbilities! She has continued to lead the organisation with vision and courage. This year we have won more new contracts which means we can spread the PossAbilities magic further afield.”
• “This year we said goodbye to our longest serving Non-Executive Director, Angela Smith, who has been by our side for an incredible nine years. From an exceptional field of candidates, we were thrilled to welcome Emma Lord as our new Non-Executive Director in June.”
• “The National Living Wage was increased by 10%... unfunded cost burden of on average 2%... Board remained firmly committed to upholding the Real Living Wage of £12.60 per hour for our dedicated front-line colleagues.”
• “the Board approved the 2024 Christmas voucher which went out in time for the start of December. Most employees received £800 ... with a total cost of £612,490.”
• “Following the Labour Party's victory in the 2024 General Election, the incoming government signalled a renewed focus on adult social care, presenting an opportunity to reshape the national narrative surrounding the sector.”
• “In January 2025, the government announced the establishment of an independent commission, chaired by Baroness Louise Casey, tasked with developing recommendations for long-term reform.”
• “The first budget introduced by the Labour government set out a number of measures with significant implications for the social care sector... an average uplift of 8.5% in payments from local authorities would be necessary to maintain service delivery and financial sustainability.”
• “During 2024/25 we have continued to grow with increased turnover of £5,085,383, an increase of 22.40%... Successfully retaining the Stockport Supported Living contract until 2030... Our turnover at the end of March 2025 stands at just under £28 million.”
• “planning permission for the Rochdale site was granted in August 2024, with construction expected to be completed in the second half of 2026.”
• “during November 2024, we underwent an intensive full 2-day audit by IPS Grow, an organisation accredited to carry out IPS audits across the country. We were awarded a score of 104 which meant we were rated as 'good'.”
• “Our funding was due to run out again at the end of March 2025, however after a complete service review and due to the ongoing success of the programme we were awarded funding for 2025/26, with a view for this to be extended for a further 3 years.”
• “During 2024/25 the increase in referrals for the number of day sessions in Rochdale increased by 3,493 sessions resulting in an increase of income from £2.007 million to £2.263 million, which is around a 13% increase.”
• “In April 2024, PossAbilities successfully took over the management of three day services in Bradford, welcoming 39 staff members through a smooth TUPE transfer... awarded an additional contract later that year, resulting in a further TUPE transfer of 6 staff in October 2024.”
• “Implemented wagestream to help support the financial wellbeing of our employees.”
• “Invested in training 11 additional managers as qualified Mental Health First Aiders, bringing the total to 32.”
• “Hosted our annual awards night for the tenth year running to celebrate the outstanding dedication of our staff to both the individuals they support and the wider organisation.”
• “Launched a special '10 Days of Christmas' virtual advent calendar, to celebrate our 10-year anniversary and the festive season.”
• “Invested £26,000 in Fierce Conversation Training for all of our managers to support them to develop their communication skills leading to stronger employee relationships and a healthier organisational culture.”
• “We have teamed up with a training provider to offer the new 8 month long Foundation Health and Social Care Apprenticeship which have been brought in from August 2025.”
• “We were shortlisted as a finalist for the Employers Award at the National Learning Disabilities and Autism Awards and were delighted that we won Highly Commended with the judge's comments recognising that: "Staff and service users are at the heart of this business which has some inspirational and unique ways to reward and value its staff, with new ways constantly being developed."”
• “Building on these outstanding achievements, PossAbilities has entered The Times Best Places to Work Awards 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.