THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
11049575 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 August 2023

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

THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Directors' report period ended 31 August 2023

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

Directors

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

David Atkinson
Rachel Lacey


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 January 2024

And signed on behalf of the board by:
Name: David Atkinson
Status: Director

THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 652,751 547,851
Cost of sales: ( 68,925 ) ( 44,186 )
Gross profit(or loss): 583,826 503,665
Administrative expenses: ( 563,290 ) ( 470,061 )
Other operating income: 0 597
Operating profit(or loss): 20,536 34,201
Interest receivable and similar income: 8 12
Interest payable and similar charges: ( 90 ) ( 99 )
Profit(or loss) before tax: 20,454 34,114
Tax: ( 3,742 ) ( 5,931 )
Profit(or loss) for the financial year: 16,712 28,183

THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 5,515 4,869
Total fixed assets: 5,515 4,869
Current assets
Debtors: 4 62,006 78,699
Cash at bank and in hand: 119,166 75,434
Total current assets: 181,172 154,133
Creditors: amounts falling due within one year: 5 ( 55,451 ) ( 44,478 )
Net current assets (liabilities): 125,721 109,655
Total assets less current liabilities: 131,236 114,524
Total net assets (liabilities): 131,236 114,524
Members' funds
Profit and loss account: 131,236 114,524
Total members' funds: 131,236 114,524

The notes form part of these financial statements

THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 August 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 24 January 2024
and signed on behalf of the board by:

Name: David Atkinson
Status: Director

The notes form part of these financial statements

THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.Rendering of servicesTurnover 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:Computer Equipment 33 per cent straight line

    Other accounting policies

    TaxationIncome tax expense represents the sum of the tax currently payable and deferred tax.The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.Current or deferred tax for the year is recognised in surplus or deficit, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 23 20

THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 10,077 10,077
Additions 3,679 3,679
Disposals
Revaluations
Transfers
At 31 August 2023 13,756 13,756
Depreciation
At 1 September 2022 5,208 5,208
Charge for year 3,033 3,033
On disposals
Other adjustments
At 31 August 2023 8,241 8,241
Net book value
At 31 August 2023 5,515 5,515
At 31 August 2022 4,869 4,869

THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Debtors

2023 2022
£ £
Trade debtors 60,259 72,849
Prepayments and accrued income 1,747 5,850
Total 62,006 78,699

THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 2,663 2,317
Taxation and social security 12,832 13,136
Accruals and deferred income 36,443 27,068
Other creditors 3,513 1,957
Total 55,451 44,478

COMMUNITY INTEREST ANNUAL REPORT

THE CITYWALL PROJECT COMMUNITY INTEREST COMPANY

Company Number: 11049575 (England and Wales)

Year Ending: 31 August 2023

Company activities and impact

Citywall is an independent, not-for-profit organisation which exists to invest in young people, families and professionals, to promote the education, well-being and safety of children and their families. We support those we work with in making positive life choices and gaining new skills to invest in education, family and future employment. We offer 1:1 intensive mentoring and education to vulnerable young people in Salford and Manchester. These may be situations of family breakdown or abuse, substance misuse, vulnerability to criminal behaviour or exploitation, disengagement from education, or young people in local authority care. We provide a flexible, tailored package of mentoring, project-based learning or family intervention work, to meet the specific needs. We believe that healthy families are the foundation of resilient communities, so we aim to support young people and families in making positive life choices. Our work is based on relationships with young people and families and effective collaboration with schools and partner services.Over the last 12 months we have run the following programmes:-Alternative Provision: 1:1 mentoring and education packages for young people unable to access mainstream provision. Citywall is on the Approved Provider Register for Salford Local Authority. Provision is available in different forms for primary and high school pupils.-Alternative Provision Post 16: 1:1 mentoring and education packages for college age pupils with an EHC plan.-Prison Based Tutoring: 1:1 pastoral and academic learning for young people in custody who are unable to access group provision.-Refresh: Early intervention Mental Health programme.-Resettlement: 1:1 mentoring for young offenders in custody preparing them and their families for resettlement in the community.-Complex Safeguarding: 1:1 mentoring for young adults leaving children’s services with a history of being criminally exploited.-AP Taskforce: Targeted support for 15-17 year olds making the transition from school age specialist behaviour provision into post 16 colleges, training providers or employment.

Consultation with stakeholders

-Young people/families identify goals and action plans that map progress. They review their own progress and provide feedback on the provision available.-Referrals come from Schools, Local Authority SEN or YJS teams, Secure Children’s homes. Intervention packages are bespoke and referrers work closely with our staff to design the package of support.-When closing cases, the young person, family members or professionals, complete Evaluation Forms so we can see what was beneficial and hear ideas for improving our services.-We listen to our partner agencies as they identify needs in the City. All of our projects grew in some measure from an understanding of the needs of our partner agencies and from specific requests from local authority services to address targeted needs.

Directors' remuneration

The Directors were paid salaries totalling £38,909 as PAYE employees of the company in the year. The Directors salaries are placed on a pay scale proportional to other employees at the company. The company Expenses Policy provides guidance on expenditure any employee may incur essential to carrying out their duties for Citywall (the Company). The overriding principle of this policy is that it is fair and reasonable, and employees are reimbursed for expenditure incurred during the course of their duties.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 January 2024

And signed on behalf of the board by:
Name: David Atkinson
Status: Director