THE STORY PROJECT CIC

Company limited by guarantee

Company Registration Number:
13899888 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 8 February 2022

End date: 31 July 2023

THE STORY PROJECT CIC

Contents of the Financial Statements

for the Period Ended 31 July 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE STORY PROJECT CIC

Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Directors

The directors shown below have held office during the period of
30 November 2022 to 31 July 2023

Katherine Butler
Sarah Eggleton


The director shown below has held office during the whole of the period from
8 February 2022 to 31 July 2023

Oliva Richards


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
13 October 2023

And signed on behalf of the board by:
Name: Oliva Richards
Status: Director

THE STORY PROJECT CIC

Profit And Loss Account

for the Period Ended 31 July 2023

18 months to 31 July 2023


£
Turnover: 3,065
Gross profit(or loss): 3,065
Administrative expenses: ( 30,443 )
Other operating income: 28,095
Operating profit(or loss): 717
Profit(or loss) before tax: 717
Tax: ( 136 )
Profit(or loss) for the financial year: 581

THE STORY PROJECT CIC

Balance sheet

As at 31 July 2023

Notes 18 months to 31 July 2023


£
Current assets
Cash at bank and in hand: 3,712
Total current assets: 3,712
Creditors: amounts falling due within one year: 3 ( 3,131 )
Net current assets (liabilities): 581
Total assets less current liabilities: 581
Total net assets (liabilities): 581
Members' funds
Profit and loss account: 581
Total members' funds: 581

The notes form part of these financial statements

THE STORY PROJECT CIC

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 October 2023
and signed on behalf of the board by:

Name: Oliva Richards
Status: Director

The notes form part of these financial statements

THE STORY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

    Other accounting policies

    GrantsGrants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.TaxationTaxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discountedFinancial instrumentsThe company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company 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 legally enforceable right to set off the recognised amounts and there is an intention to settle

THE STORY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    18 months to 31 July 2023
    Average number of employees during the period 1

THE STORY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Creditors: amounts falling due within one year note

18 months to 31 July 2023
£
Trade creditors 762
Taxation and social security 136
Accruals and deferred income 500
Other creditors 1,733
Total 3,131

COMMUNITY INTEREST ANNUAL REPORT

THE STORY PROJECT CIC

Company Number: 13899888 (England and Wales)

Year Ending: 31 July 2023

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. The Story Project CIC provides training and resources to teachers and other educators so they can use diverse, engaging and popular stories to support children’s wellbeing.We have provided our training for teachers and educators at 97 schools across the UK this year. This means that we have been able to provide resources that help to improve children’s wellbeing and literacy at 97 schools meaning we have reached over 5000 children.90% of teachers who have delivered The Story Project resources have seen an improvement in the wellbeing of the children in their class and 76% have seen an improvement in literacy.

Consultation with stakeholders

Our stakeholders are the teachers and educators who take part in our training and deliver our resources, and the children whose wellbeing and literacy we are working to improve. We regularly consult stakeholders through focus groups and surveys. This year we have changed some of our resources based on feedback from stakeholders, for example when stakeholders were finding it hard to source a story we recommend in our resource, we found a different story to recommend. We also provided training for learning support assistants this year based on feedback from teachers and children about the important role that learning support assistants play in supporting children’s wellbeing.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
18 October 2023

And signed on behalf of the board by:
Name: Oliva Richards
Status: Director