PRACTICAL PROGRESS CIC

Company limited by guarantee

Company Registration Number:
15003399 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 14 July 2023

End date: 30 June 2024

PRACTICAL PROGRESS CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

PRACTICAL PROGRESS CIC

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

The principal activity of the company throughout the year was the provision of other education and other social work activities without accommodation within the community.



Directors

The directors shown below have held office during the whole of the period from
14 July 2023 to 30 June 2024

Mr Wesley Robinson
Mr Nicholas Smith
Mr Jason Thomas


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 July 2024

And signed on behalf of the board by:
Name: Mr Wesley Robinson
Status: Director

PRACTICAL PROGRESS CIC

Profit And Loss Account

for the Period Ended 30 June 2024

2024


£
Turnover: 3,255
Cost of sales: ( 2,939 )
Gross profit(or loss): 316
Administrative expenses: ( 316 )
Operating profit(or loss): 0
Profit(or loss) before tax: 0
Profit(or loss) for the financial year: 0

PRACTICAL PROGRESS CIC

Balance sheet

As at 30 June 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 7,163
Total current assets: 7,163
Net current assets (liabilities): 7,163
Total assets less current liabilities: 7,163
Accruals and deferred income: ( 7,163 )
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

PRACTICAL PROGRESS CIC

Balance sheet statements

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

Name: Mr Wesley Robinson
Status: Director

The notes form part of these financial statements

PRACTICAL PROGRESS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 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 represents net invoiced sales of goods and services, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation in provided if required at 20 percent on reducing balance

    Intangible fixed assets amortisation policy

    Amortisation when required will be over 6 years

PRACTICAL PROGRESS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

PRACTICAL PROGRESS CIC

Company Number: 15003399 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

During the financial year, the company has been actively engaged in supporting men in Liverpool who suffer from mental health difficulties, the majority of whom are unemployed. We have facilitated support groups and workshops, bringing these men together to foster peer support and community. Our drop-in days have also provided crucial resources and tools for stress and anger management. These activities have led to significant positive outcomes, including improved self-awareness, enhanced relationships, and a stronger sense of community among participants. Our efforts have made a meaningful impact on the mental well-being and social integration of the men we serve.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Project Manger fee of £1350

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Mr Wesley Robinson
Status: Director