INVISIBLE CITIES UK C.I.C.

Company limited by guarantee

Company Registration Number:
12423565 (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

INVISIBLE CITIES UK C.I.C.

Contents of the Financial Statements

for the Period Ended 28 February 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

INVISIBLE CITIES UK C.I.C.

Directors' report period ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal activities of the company

The principle activity of the company during the period of review was that of tourist guides.



Directors

The directors shown below have held office during the whole of the period from
1 March 2022 to 28 February 2023

Zakia Moulaoui
Sian Frances Downes
David Donoghue


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
24 November 2023

And signed on behalf of the board by:
Name: Zakia Moulaoui
Status: Director

INVISIBLE CITIES UK C.I.C.

Balance sheet

As at 28 February 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 64 96
Total fixed assets: 64 96
Current assets
Debtors: 4 11,117 2,179
Cash at bank and in hand: 16,777 17,565
Total current assets: 27,894 19,744
Creditors: amounts falling due within one year: 5 ( 18,054 ) ( 7,812 )
Net current assets (liabilities): 9,840 11,932
Total assets less current liabilities: 9,904 12,028
Creditors: amounts falling due after more than one year: 6 ( 7,581 ) ( 12,633 )
Provision for liabilities: ( 12 )
Total net assets (liabilities): 2,311 (605)
Members' funds
Profit and loss account: 2,311 ( 605)
Total members' funds: 2,311 (605)

The notes form part of these financial statements

INVISIBLE CITIES UK C.I.C.

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

Name: Zakia Moulaoui
Status: Director

The notes form part of these financial statements

INVISIBLE CITIES UK C.I.C.

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value addedtax and other sales taxes.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates inorder to write off the assets over their estimated useful lives:Computer equipment 20% straight line

    Other accounting policies

    Deferred taxationDeferred tax arises as a result of including items of income and expenditure in taxation computations in periods different fromthose in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result inan obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timingdifferences reverse, based on current tax rates and laws.Deferred tax assets and liabilities are not discounted.

INVISIBLE CITIES UK C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

INVISIBLE CITIES UK C.I.C.

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 160 160
Additions
Disposals
Revaluations
Transfers
At 28 February 2023 160 160
Depreciation
At 1 March 2022 64 64
Charge for year 32 32
On disposals
Other adjustments
At 28 February 2023 96 96
Net book value
At 28 February 2023 64 64
At 28 February 2022 96 96

INVISIBLE CITIES UK C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Debtors

2023 2022
£ £
Other debtors 11,117 2,179
Total 11,117 2,179

INVISIBLE CITIES UK C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 567
Accruals and deferred income 12,435 2,760
Other creditors 5,052 5,052
Total 18,054 7,812

INVISIBLE CITIES UK C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2023

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

2023 2022
£ £
Other creditors 7,581 12,633
Total 7,581 12,633

COMMUNITY INTEREST ANNUAL REPORT

INVISIBLE CITIES UK C.I.C.

Company Number: 12423565 (England and Wales)

Year Ending: 28 February 2023

Company activities and impact

Invisible Cities has continued supporting its beneficiaries - guides and trainees who have experienced homelessness in the financial year by:- continue offering training sessions in person or online on confidence building, digital skills, customer service, public speaking, etc- continue offering life-long training on life skill including Gambling support, mental health wellbeing, budgeting etc.- offering weekly deliveries of food parcels, activity packs and wellbeing items- offering vouchers and cash vouchers for beneficiaries to cope with cost of living crisis- providing everyone with a laptop or tablet and phone so everyone could stay digitally connected through the COVID-19 period. Training has been provided to use the tools to communicate. When appropriate, data bundles have also been provided. - supporting people to access stable, long-term employment and education opportunities- when appropriate, supporting people start their own businessWhile it was possible to deliver tours (virtually and in person) we have:- broken down the stigma that exists around homelessness by showcasing that when given a chance people have a lot to offer and can deliver a professional, high quality product- produced content on our cities focusing on underrepresented groups such as Black History in our cities or women representation

Consultation with stakeholders

Beneficiaries (guides and trainees) have been consulted on what type of support would be the most needed/required. It has been decided that provision of groceries was the easiest/most beneficial.Guides and trainees have been an integral of the process of designing and producing new products at Invisible Cities (merchandise and content).

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 November 2023

And signed on behalf of the board by:
Name: Zakia Moulaoui
Status: Director