FUTURE INTENTIONS YORKSHIRE COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
13722501 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

FUTURE INTENTIONS YORKSHIRE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

FUTURE INTENTIONS YORKSHIRE COMMUNITY INTEREST COMPANY

Directors' report period ended 30 November 2023

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

Principal activities of the company

The principal activity of the company during the year under review was other business support service activities and educational support services.

Additional information

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.



Directors

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

Elizabeth Jennifer HEMPSHALL
Faith YOUNG


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
26 July 2024

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

FUTURE INTENTIONS YORKSHIRE COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 November 2023

2023 13 months to 30 November 2022


£

£
Turnover: 1,017 1,121
Cost of sales: ( 607 ) ( 628 )
Gross profit(or loss): 410 493
Distribution costs: ( 54 ) ( 165 )
Administrative expenses: ( 3,649 ) ( 2,455 )
Other operating income: 2,458 950
Operating profit(or loss): (835) (1,177)
Profit(or loss) before tax: (835) (1,177)
Profit(or loss) for the financial year: (835) (1,177)

FUTURE INTENTIONS YORKSHIRE COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 November 2023

Notes 2023 13 months to 30 November 2022


£

£
Current assets
Debtors: 3 59
Cash at bank and in hand: 608 324
Total current assets: 608 383
Creditors: amounts falling due within one year: 4 ( 2,620 ) ( 1,560 )
Net current assets (liabilities): (2,012) (1,177)
Total assets less current liabilities: (2,012) ( 1,177)
Creditors: amounts falling due after more than one year:   0 0
Total net assets (liabilities): (2,012) (1,177)
Members' funds
Profit and loss account: (2,012) ( 1,177)
Total members' funds: ( 2,012) (1,177)

The notes form part of these financial statements

FUTURE INTENTIONS YORKSHIRE COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 November 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 26 July 2024
and signed on behalf of the board by:

Name: Elizabeth Jennifer HEMPSHALL
Status: Director

The notes form part of these financial statements

FUTURE INTENTIONS YORKSHIRE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable. Turnover is reducedfor estimated customer returns, rebates and other similar allowances.Revenue from the sale of goods is recognised when all the following conditions are satisfied the Company has transferred to the buyer the significant risks and rewards of ownership of thegoods the Company retains neither continuing managerial involvement to the degree usually associatedwith ownership nor effective control over the goods sold the amount of revenue can be measured reliably it is probable that the economic benefits associated with the transaction will flow to the Companyand the costs incurred or to be incurred in respect of the transaction can be measured reliably.Specifically.

    Other accounting policies

    TaxationIncome tax expense represents the tax currently payable.The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus asreported in the income and expenditure account because of items of income or expense that are taxableor deductible in other years and items that are never taxable or deductible. The Company's liability forcurrent tax is calculated using tax rates that have been enacted or substantively enacted by the end ofthe reporting period.Trade and other debtorsTrade and other debtors are initially recognised at fair value and thereafter stated at amortised costusing the effective interest method, less impairment losses for bad and doubtful debts.Trade and other creditorsShort term creditors are measured at the transaction price. Other financial liabilities, including bankloans, are measured initially at fair value, net of transaction costs, and are measured subsequently atamortised cost using the effective interest method.

FUTURE INTENTIONS YORKSHIRE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 13 months to 30 November 2022
    Average number of employees during the period 0 0

FUTURE INTENTIONS YORKSHIRE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Debtors

2023 13 months to 30 November 2022
£ £
Trade debtors 26
Other debtors 33
Total   59

FUTURE INTENTIONS YORKSHIRE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 13 months to 30 November 2022
£ £
Trade creditors 60
Accruals and deferred income 420
Other creditors 2,200 1,500
Total 2,620 1,560

COMMUNITY INTEREST ANNUAL REPORT

FUTURE INTENTIONS YORKSHIRE COMMUNITY INTEREST COMPANY

Company Number: 13722501 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The Yorkshire-based, not-for-profit, Community Interest Company Future Intentions York-shire moved into its Year 2 of operating as a CIC November 2022, we have identified a reduced capacity in engaging with potential new volunteers since Covid, we have engaged with women on our project, but found women had more challenges and concerns around committing towards becoming involved in volunteering with us, other organisations have cited similar challenges in volunteer recruitment drives, women cited increased pressures to secure employment under DWP reform in the benefits system for fear of losing entitlement to benefits, for many of our clients and potential cli-ents it is a lifeline to survive, further limiting ill health, particularly around poor mental health and limitations on accessing the right professional interventions. This was a concerning trend, but we still felt positive about turning things around for building our team, we started work in taking a new direction.Our rationale behind our decision was to increase our organisational capacity to deliver increased levels of tailored employment and skills support for women across Ryedale and York, across 2023 we had to consider a 360% turn around to how we did things around volunteer recruitment and retention. We started a new campaign to build collaborations with colleges and universities to look at a new potential pool of volunteers, students looking for opportunities to build workplace experience alongsidestudying. We developed a new and exciting partnership with York St John University in late 2023 and were invited to showcase our work with women to the students, we had a good level of interest and felt enthused by our new partnership, we worked hard across 2023 to strengthen this relationship and use it positively for a model to engage with other colleges and universities around York.We also strengthened our partnership with IDAS in the start of our Year 2 in November 2022, connected with not only grassroots staff working directly with clients, we worked with the support of the IDAS team based in York Refuge early in 2023 to work with the women who have fled domestic abuse and currently under the care of the refuge often with families, my own lived experience of domestic abuse and coercive control lead me to offer a programme of employment & skills support to give the women opportunities to move on with their lives into sustainable employment via training and volunteering oppor-tunities with local organisations and training providers. We propose to continue this work throughout 2023 and beyond, we have identified many training needsincluding English & Maths, digital skills and ESOL (English for Speaker of Other Languages), we offer employment and skills support to engage with available opportunities to improve their employment prospects, we strengthened our position by building trusting relationships with the local training providers and Councils.Early 2023 we approached with a revised delivery plan for our proposed Employment, Skills and Social pilot project the North Yorkshire Council, after a challenging attempt in 2022 to set up our proposed project in the local Ryedale area, we were successful in securing funding for the pilot project, for local women to access a range of opportunities to improve women employment prospects, levels of community engagement and skills set whilst improving confidence, peer-to-peer and community en-gagement whilst reducing social isolation and loneliness, we engaged women in the local area via job fairs and networking events we exhibited at and worked with our partners and supporters to recruit participants onto the project, the women cited many benefits including new friendships, also enjoying art & craft and wellbeing activities e.g chair yoga as part of Get Active funded initiative with Ryedale, Scarborough and Whiby Mind, en-joyed greatly by everyone including staff, with many benefits including improved health and wellbeing, we invited a local yoga teacher to be part of the initiative in the delivery of the project. Our project ran successfully from March 2023 into our Year 3 in late 2023. We also set up a local women’s journaling group with a small fund from a local community organisation, we had great success with this pilot project and women cited increased levels of confidence, better management of poor mental health as they benefited from expressing difficult life experiences in a meaningful way, which many women adopting journalling into our home lives. We ended our second year on a high note with lots of positives for our organisation, our beneficiaries and other stakeholders we had worked with throughout 2023. Although a challenging year in many ways we have started to turn the tide on our challenges and looking forward to moving into Year 3.We also see our future growth in connecting and building new relationships with funders and commissioners across Yorkshire, whilst extending our reach to many more women in 2023 and beyond, we have amazing supporters and our team continues to be amazing even in the months of adversity we had experienced.

Consultation with stakeholders

The Company stakeholders are our customers, directors, volunteers, collaborative and referral partners, signposting organisations and funders.Stakeholders have been consulted with questionnaires, email updates, newsletters, face to face discussions and in response to feedback we have set up a range of workshops (online and face to face), peer support sessions (online and face to face), Facebook page & LinkedIn profile and company website, employability support and confidence building sessions (online and face-to-face).Regular feedback to questions, queries are followed up via our Facebook page and directly via email communications.The accounts were prepared by Solutions Accountancy, Huddersfield by Mr Paul Dangirwa and presented to the director board of Future Intentions Yorkshire (Community Interest Company).

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
26 July 2024

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