NOW-U CIC

Company limited by guarantee

Company Registration Number:
12709184 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

NOW-U CIC

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Additional notes
Community Interest Report

NOW-U CIC

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 135 0
Total current assets: 135 0
Net current assets (liabilities): 135 0
Total assets less current liabilities: 135 0
Total net assets (liabilities): 135 0
Members' funds
Profit and loss account: 135 0
Total members' funds: 135 0

The notes form part of these financial statements

NOW-U CIC

Balance sheet statements

For the year ending 31 July 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 15 April 2024
and signed on behalf of the board by:

Name: Elizabeth Elgar
Status: Director

The notes form part of these financial statements

NOW-U CIC

Notes to the Financial Statements

for the Period Ended 31 July 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

NOW-U CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

NOW-U CIC

Company Number: 12709184 (England and Wales)

Year Ending: 31 July 2023

Company activities and impact

The CIC develops and runs the now-u app, website and other supporting technology. The now-u app provides users with access to learning materials, actions and campaigns designed to help people learn more about important social and environmental issues and to facilitate charitable action. During the financial year 2022-23, the now-u app ran multiple campaigns including campaigns to support people affected by the cost of living crisis and mental health challenges.The work of the CIC benefited our multiple stakeholder groups in various ways, including: - Providing volunteering opportunities for more than 40 people across the UK, helping people to develop their skills and in several cases, to move into new careers- Helping people across the UK improve their knowledge about important social and environmental issues, and to engage in charitable action of various forms such as volunteering, donating to charities and signing petitions- Helping charities to get more support for their work - Through our support of these charities, indirectly helping people impacted by social and environmental issues

Consultation with stakeholders

Our key stakeholder groups are the people who use our app, and the charities we support, as well as our volunteers. In the financial year 2022-23, we ran internal user research with our volunteers to collect feedback, particularly focusing on how we could improve their experience with the app and make improvements that would increase their learning and participation in charitable actions & campaigns. As a result of this feedback, we finalised redesigning elements of the app which we hope will enhance our ability to benefit the community and all our stakeholders.We also remain in regular contact with charities that we support so that we can best support them, and respond to their requests where possible, such as featuring their campaigns on our app.

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
14 April 2024

And signed on behalf of the board by:
Name: Elizabeth Elgar
Status: Director