THE COMMON GROUND PROJECT CIC

Company limited by guarantee

Company Registration Number:
12667835 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

THE COMMON GROUND PROJECT CIC

Contents of the Financial Statements

for the Period Ended 30 June 2023

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

THE COMMON GROUND PROJECT CIC

Directors' report period ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Directors

The directors shown below have held office during the whole of the period from
1 July 2022 to 30 June 2023

Catharine Ann Long
Stephen Gareth HOPKINS


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
8 March 2024

And signed on behalf of the board by:
Name: Catharine Ann Long
Status: Director

THE COMMON GROUND PROJECT CIC

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 17,716 3,500
Gross profit(or loss): 17,716 3,500
Distribution costs: ( 18,431 ) ( 511 )
Administrative expenses: ( 6,396 ) ( 3,000 )
Operating profit(or loss): (7,111) (11)
Profit(or loss) before tax: (7,111) (11)
Profit(or loss) for the financial year: (7,111) (11)

THE COMMON GROUND PROJECT CIC

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 2,775 10,090
Total current assets: 2,775 10,090
Creditors: amounts falling due within one year: 3 ( 10,375 ) ( 10,579 )
Net current assets (liabilities): (7,600) (489)
Total assets less current liabilities: (7,600) ( 489)
Total net assets (liabilities): (7,600) (489)
Members' funds
Profit and loss account: (7,600) ( 489)
Total members' funds: ( 7,600) (489)

The notes form part of these financial statements

THE COMMON GROUND PROJECT CIC

Balance sheet statements

For the year ending 30 June 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 8 March 2024
and signed on behalf of the board by:

Name: Catharine Ann Long
Status: Director

The notes form part of these financial statements

THE COMMON GROUND PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 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

THE COMMON GROUND PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

THE COMMON GROUND PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 479 479
Other creditors 9,896 10,100
Total 10,375 10,579

COMMUNITY INTEREST ANNUAL REPORT

THE COMMON GROUND PROJECT CIC

Company Number: 12667835 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

Common Ground provides benefit to the residents of North Kensington and surrounding areas through the provision of services and activities that increase well-being, confidence, community resilience and safety. In our first year, 2019/20, we began fund-raising - via grants - for our community safety project Firesafe. We were successful in our bids to the Electrical Safety Fund and FM Global and began discussions with a number of digital agencies who could help to build our digital fire auditing tool Firesafe. It quickly became obvious that further funding would be needed and we took the decision to raise further funds before starting development. Once we have developed the product, residents, particularly those in social housing, will have a better understanding of fire safety and will be able to mitigate against fire risks. Our ultimate aim is to reduce instances of fire.We also carried out research in the local community, working with groups of residents to understand how they might use the Firesafe app.

Consultation with stakeholders

Our stakeholders are the residents of North Kensington, and our particular focus is on those living in social housing.We consulted with two groups of residents (40 in total) by running two focus groups of a broad selection of residents from a variety of backgrounds, including those with long-term disabilities. We also surveyed over 348 people via Survey Monkey and the Next Door app to ascertain their level of knowledge of fire safety issues. As a result of our consultations we will be translating the platform into Arabic and using a suite of icons rather than text where possible.

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
8 March 2024

And signed on behalf of the board by:
Name: Catharine Ann Long
Status: Director