INSIGHT COMMUNITY PROJECT CIC

Company limited by guarantee

Company Registration Number:
12446456 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

INSIGHT COMMUNITY PROJECT CIC

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

INSIGHT COMMUNITY PROJECT CIC

Balance sheet

As at 28 February 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 8,560 10,529
Total fixed assets: 8,560 10,529
Current assets
Cash at bank and in hand: 3,264 2,212
Total current assets: 3,264 2,212
Net current assets (liabilities): 3,264 2,212
Total assets less current liabilities: 11,824 12,741
Accruals and deferred income: ( 3,553 ) ( 2,015 )
Total net assets (liabilities): 8,271 10,726
Members' funds
Profit and loss account: 8,271 10,726
Total members' funds: 8,271 10,726

The notes form part of these financial statements

INSIGHT COMMUNITY PROJECT CIC

Balance sheet statements

For the year ending 28 February 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 26 October 2023
and signed on behalf of the board by:

Name: Carly Elizabeth Ferron
Status: Director

The notes form part of these financial statements

INSIGHT COMMUNITY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 28 February 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: 4 years straight line.

INSIGHT COMMUNITY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

INSIGHT COMMUNITY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2022 6,546 11,237 17,783
Additions 3,301 3,301
Disposals
Revaluations
Transfers
At 28 February 2023 9,847 11,237 21,084
Depreciation
At 1 March 2022 1,636 5,618 7,254
Charge for year 2,461 2,809 5,270
On disposals
Other adjustments
At 28 February 2023 4,097 8,427 12,524
Net book value
At 28 February 2023 5,750 2,810 8,560
At 28 February 2022 4,910 5,619 10,529

COMMUNITY INTEREST ANNUAL REPORT

INSIGHT COMMUNITY PROJECT CIC

Company Number: 12446456 (England and Wales)

Year Ending: 28 February 2023

Company activities and impact

Insight Community Project deliver youth and community projects and events that aim to improve physical and mental health, bring together the community, and provide safe and positive environments. We run a weekly youth club, holiday clubs and activities, and targeted sports sessions. Our activities and clubs are all free of charge to young people, our aim is to reach those families who are harder to reach or who would not be able to attend extra curricular activities due to cost.

Consultation with stakeholders

Insight consults with young people on a regular basis. We carry out informal consultations at our Long Eaton youth club in the form of chats, pod casts and boards to write ideas down. We have also carried out a 10 week consultation session in Sandiacre to explore young peoples feelings about where they live, their lifestyles and what they would like to see in the form of youth provision in their area. This consultation identified that young people would like a football session and youth club. We are now working together with the community network to deliver this. We attend various community network meetings where we engage with other community organisations, local council members, school members and local businesses to explore the needs in different areas and identify how we can work together to meet these needs.We also consult with parents and ask for feedback from our projects to enable us to continue providing activities and sessions that are needed and wanted in our area.

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
24 October 2023

And signed on behalf of the board by:
Name: Carly Elizabeth Ferron
Status: Director