GLOBAL SYMBOLS CIC

Company limited by guarantee

Company Registration Number:
11423010 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

GLOBAL SYMBOLS CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

GLOBAL SYMBOLS CIC

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: (1) 10,691
Cost of sales: ( 12,000 ) 0
Gross profit(or loss): (12,001) 10,691
Administrative expenses: ( 3,438 ) ( 4,275 )
Operating profit(or loss): (15,439) 6,416
Interest receivable and similar income: 17 22
Profit(or loss) before tax: (15,422) 6,438
Tax: 1,243 ( 1,243 )
Profit(or loss) for the financial year: (14,179) 5,195

GLOBAL SYMBOLS CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 101,502 19,200
Total current assets: 101,502 19,200
Creditors: amounts falling due within one year: 3 ( 98,360 ) ( 1,879 )
Net current assets (liabilities): 3,142 17,321
Total assets less current liabilities: 3,142 17,321
Total net assets (liabilities): 3,142 17,321
Members' funds
Profit and loss account: 3,142 17,321
Total members' funds: 3,142 17,321

The notes form part of these financial statements

GLOBAL SYMBOLS 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 31 July 2024
and signed on behalf of the board by:

Name: Mr David Peter Banes
Status: Director

The notes form part of these financial statements

GLOBAL SYMBOLS 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

GLOBAL SYMBOLS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

GLOBAL SYMBOLS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,220
Other creditors 98,360 659
Total 98,360 1,879

COMMUNITY INTEREST ANNUAL REPORT

GLOBAL SYMBOLS CIC

Company Number: 11423010 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

During the past year, Global Symbols has focussed on increasing the stability of our online resources, increasing security to ensure that the resources created by members are easier to find and that the symbol base and tools are well integrated and easy to use. We are also in the process of working with the Asterics Foundation to more closely integrate the Global Symbols resources with a free communication App that supports multiple languages and is available across platforms. This offers a free solution to potential users. We have also contributed to a European Project to develop resources to support access to communication within the legal system and justice process for those with little or no speech and intellectual disabilities.Our most significant activity has been the award of a grant from Microsoft to develop generative AI tools that will radically reduce the cost of creating dating symbols to meet the language and cultural needs of specific countries and communities.

Consultation with stakeholders

Global Symbols has continued to consult and communicate with stakeholders in various ways. We have attended major events and conferences attended by Stakeholders to present our work and take feedback on the approach and challenges faced. These have included the ISAAC conference (International Conference for AAC) and ASHA, the American Association for Speech and Hearing and the Zero Project 2024 conference. In addition, we seek feedback regularly via social media and consult informally with users via email and online calls. Our website includes a feedback mechanism where ideas and issues can be raised with the team and acted upon. We have also begun discussions with AAC companies to take feedback on our AI Symbol Creation tool, have made an Alpha version available to a stakeholders group and have begun the process of formally establishing partnerships with stakeholders in Texas and Ethiopia who will be the testing panels for the Beta version of our new tools.

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
31 July 2024

And signed on behalf of the board by:
Name: Mr David Peter Banes
Status: Director