THE HOPE REVOLUTION CIC

Company limited by guarantee

Company Registration Number:
12241255 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

THE HOPE REVOLUTION CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE HOPE REVOLUTION CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 0 150
Investments:   0 0
Total fixed assets: 0 150
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 705 531
Investments:   0 0
Total current assets: 705 531
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 106 ) ( 2,306 )
Net current assets (liabilities): 599 (1,775)
Total assets less current liabilities: 599 ( 1,625)
Creditors: amounts falling due after more than one year: 5 ( 3,793 ) ( 2,064 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (3,194) (3,689)
Members' funds
Profit and loss account: (3,194) ( 3,689)
Total members' funds: ( 3,194) (3,689)

The notes form part of these financial statements

THE HOPE REVOLUTION CIC

Balance sheet statements

For the year ending 31 October 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 30 June 2024
and signed on behalf of the board by:

Name: John James Pigram
Status: Director

The notes form part of these financial statements

THE HOPE REVOLUTION CIC

Notes to the Financial Statements

for the Period Ended 31 October 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 HOPE REVOLUTION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 1

THE HOPE REVOLUTION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 360 360
Additions
Disposals
Revaluations
Transfers
At 31 October 2023 360 360
Depreciation
At 1 November 2022 210 210
Charge for year 150 150
On disposals
Other adjustments
At 31 October 2023 360 360
Net book value
At 31 October 2023 0 0
At 31 October 2022 150 150

THE HOPE REVOLUTION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 106 2,306
Total 106 2,306

THE HOPE REVOLUTION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 3,793 2,064
Total 3,793 2,064

THE HOPE REVOLUTION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
General cash flow
£
Balance at 31 October 2022 793
Advances or credits made: 650
Advances or credits repaid: 1,337
Balance at 31 October 2023 106

COMMUNITY INTEREST ANNUAL REPORT

THE HOPE REVOLUTION CIC

Company Number: 12241255 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

The Hope Revolution CIC trades under the name "Give Today", running an online donation platform where donation shops are created and hosted for charitable organisations across the UK. These shops are provided free of charge, providing each organisation with their own platform for supporters to directly purchase the items that organisation needs.Within the financial year 2022/2023, The Hope Revolution benefited the community in the following ways:- Providing online shops for over 100 charitable organisations, including those in the homelessness sector and foodbanks, amongst others.- Developing the platform to improve ease of use for organisations to update their current requirements easily and quickly.- Generating nearly 1,100 individual donation orders, with an average order value of £46.07- Sourcing products to send to the organisations from high-street brands, or reputable local wholesalers.- Generation of customised social media content for each of the charitable partners, free of charge, to enable them to effectively promote their donation shop.

Consultation with stakeholders

The company's stakeholders are the charitable organisations who are signed up for a donation shop on the website. The Hope Revolution CIC remains in regular contact with it's charitable organisations, holding regular online meetings with and sending feedback emails to key members of staff in order to gain feedback on the website and service. Within the financial year 2022/2023, The Hope Revolution, as a result of these consultations, invested in the platform, developing the ability for charities to embed their online shops directly on their own websites.In addition, The Hope Revolution worked to reduce the time between donation and delivery, delivering over 85% of donations within 1 working week.

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: John James Pigram
Status: Director