THE GINA PROJECT CIC

Company limited by guarantee

Company Registration Number:
08929004 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

THE GINA PROJECT CIC

Contents of the Financial Statements

for the Period Ended 31 March 2023

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

THE GINA PROJECT CIC

Directors' report period ended 31 March 2023

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

Principal activities of the company

The company's principal activity during the year continued to be the provision of counselling services to survivors of sexual abuse; offering support and resources to survivors of abuse and their families and the delivery of supervision to professionals supporting survivors.



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Lisa Thompson
Anjella Geary
Lisa Sharratt


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
23 November 2023

And signed on behalf of the board by:
Name: Lisa Thompson
Status: Director

THE GINA PROJECT CIC

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 29,959 27,275
Cost of sales: ( 3,764 ) ( 3,484 )
Gross profit(or loss): 26,195 23,791
Distribution costs: 0 0
Administrative expenses: ( 65,820 ) ( 31,209 )
Other operating income: 65,389 16,920
Operating profit(or loss): 25,764 9,502
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 1,522 ) ( 299 )
Profit(or loss) before tax: 24,242 9,203
Tax: ( 4,461 ) ( 751 )
Profit(or loss) for the financial year: 19,781 8,452

THE GINA PROJECT CIC

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 557 0
Investments:   0 0
Total fixed assets: 557 0
Current assets
Stocks:   0 0
Debtors: 4 2,953 76
Cash at bank and in hand: 109,631 30,567
Investments:   0 0
Total current assets: 112,584 30,643
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 82,848 ) ( 18,198 )
Net current assets (liabilities): 29,736 12,445
Total assets less current liabilities: 30,293 12,445
Creditors: amounts falling due after more than one year: 6 ( 6,316 ) ( 8,249 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 23,977 4,196
Members' funds
Profit and loss account: 23,977 4,196
Total members' funds: 23,977 4,196

The notes form part of these financial statements

THE GINA PROJECT CIC

Balance sheet statements

For the year ending 31 March 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 23 November 2023
and signed on behalf of the board by:

Name: Lisa Thompson
Status: Director

The notes form part of these financial statements

THE GINA PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 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 is measured at the fair value of the consideration received or recivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:Plant and machinery - over 4 years

    Other accounting policies

    DebtorsShort term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. CreditorsShort term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. TaxationA current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. PensionsContributions to defined contribution plans are expensed in the period to which they relate.

THE GINA PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 8 8

THE GINA PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 0 0
Additions 690 690
Disposals
Revaluations
Transfers
At 31 March 2023 690 690
Depreciation
At 1 April 2022 0 0
Charge for year 133 133
On disposals
Other adjustments
At 31 March 2023 133 133
Net book value
At 31 March 2023 557 557
At 31 March 2022 0 0

THE GINA PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
£ £
Trade debtors 2,675
Other debtors 278 76
Total 2,953 76

THE GINA PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 3,454 3,454
Trade creditors 24,573
Taxation and social security 5,041 1,108
Accruals and deferred income 44,597 8,821
Other creditors 5,183 4,815
Total 82,848 18,198

THE GINA PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 6,316 8,249
Total 6,316 8,249

COMMUNITY INTEREST ANNUAL REPORT

THE GINA PROJECT CIC

Company Number: 08929004 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

The company’s principal activities during the year continued to be the provision of counselling services to survivors of sexual abuse, offering support and resources to survivors of sexual abuse and their families, and the delivery of supervision to professionals supporting survivors. During the financial year 2022 to 2023, activities have benefitted the community in the following ways:- Provided survivors of sexual violence & abuse (and their families) with therapeutic counselling support to support their emotional wellbeing- Provided survivors of sexual violence and abuse with products and resources to support them with the impacts of sexual trauma - Offered more volunteering opportunities for survivors in the local community- Provided supervision to professionals supporting survivors to enhance support provision for individuals in our community - Activities have supported survivors with the impacts of sexual trauma, whilst enhancing survivors’ wellbeing, self-esteem and confidence.

Consultation with stakeholders

No consultation with stakeholders

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
23 November 2023

And signed on behalf of the board by:
Name: Lisa Thompson
Status: Director