ASSISTIV CIC

Company limited by guarantee

Company Registration Number:
11150364 (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

ASSISTIV CIC

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ASSISTIV CIC

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 10,495 13,660
Total fixed assets: 10,495 13,660
Current assets
Debtors: 4 36,934 50,891
Cash at bank and in hand: 12,798 43,110
Total current assets: 49,732 94,001
Creditors: amounts falling due within one year: 5 ( 32,193 ) ( 52,650 )
Net current assets (liabilities): 17,539 41,351
Total assets less current liabilities: 28,034 55,011
Creditors: amounts falling due after more than one year: 6 0 ( 5,596 )
Provision for liabilities: ( 1,994 ) ( 469 )
Total net assets (liabilities): 26,040 48,946
Members' funds
Profit and loss account: 26,040 48,946
Total members' funds: 26,040 48,946

The notes form part of these financial statements

ASSISTIV 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.

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 16 November 2023
and signed on behalf of the board by:

Name: Stuart James Hill
Status: Director

The notes form part of these financial statements

ASSISTIV 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

ASSISTIV 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 3

ASSISTIV 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 22,035 0 5,841 27,876
Additions 5,961 115 6,076
Disposals ( 3,807 ) ( 3,807 )
Revaluations
Transfers
At 31 March 2023 24,189 115 5,841 30,145
Depreciation
At 1 April 2022 11,091 0 3,125 14,216
Charge for year 6,047 29 1,110 7,186
On disposals ( 1,752 ) ( 1,752 )
Other adjustments
At 31 March 2023 15,386 29 4,235 19,650
Net book value
At 31 March 2023 8,803 86 1,606 10,495
At 31 March 2022 10,944 0 2,716 13,660

ASSISTIV CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
£ £
Trade debtors 35,955 50,463
Prepayments and accrued income 979 428
Total 36,934 50,891

ASSISTIV CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 10,399 2,219
Taxation and social security 3,253 13,818
Accruals and deferred income 18,404 36,378
Other creditors 137 235
Total 32,193 52,650

ASSISTIV 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
£ £
Other creditors 0 5,596
Total 0 5,596

COMMUNITY INTEREST ANNUAL REPORT

ASSISTIV CIC

Company Number: 11150364 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

During this financial year we continued to work with our existing trainees and local community in order to transition trainees into paid employment.We engaged with local community sports clubs, volunteers and other businesses to raise awareness of our cause and provide the trainees with the opportunity to train in different environments, learn new skills, develop in confidence, increase independence, and gain a feeling of inclusion within their local community settings.Our trainees attended the Mixed Ability Rugby Tournament in Ireland where they successfully showcased the assistive technology we have developed, whilst working bar shifts in partnership with Heineken Ireland.In October we started an employment initiative with Springfield Healthcare, who were looking to reopen their Bistro facility in a care home in Leeds. We provide training and assistive technology to allow their employee to work independently. Prior to this partnership theiremployee who has Autism was struggling to find employment.In the later part of this financial period we started to develop wider partnerships.We aim to scale up and develop the task manager assistive technology and improve vocational training delivery. Our intention is to grow this element of the company and to embed the technology into different businesses, environments and sectors.

Consultation with stakeholders

Our stakeholders are adults with learning difficulties, trainees, and their families and carers and our external partners.We hold regular meetings with the trainees and their support networks, families and carers, to ensure the content of our training and the means of delivery are suitable, appropriate and that the trainees needs are being met.We constantly evaluate our training and procedures to ensure we implement any required changes or adaptations within or after each cycle of training, support.

Directors' remuneration

Director's renumeration totals £44000There were no other transactions or arrangements in connection with the renumeration of directors, or compensation for directors loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 November 2023

And signed on behalf of the board by:
Name: Stuart James Hill
Status: Director