BUDDIES FOR ALL CIC

Company limited by guarantee

Company Registration Number:
13246508 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

BUDDIES FOR ALL CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

BUDDIES FOR ALL CIC

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

David Bourroughs
Victoria Jenkins
Play Clayton


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
15 July 2024

And signed on behalf of the board by:
Name: David Bourroughs
Status: Director

BUDDIES FOR ALL CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 25,390 20,122
Cost of sales: 0 0
Gross profit(or loss): 25,390 20,122
Distribution costs: 0 0
Administrative expenses: ( 25,390 ) ( 22,996 )
Other operating income: 0 0
Operating profit(or loss): 0 (2,874)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 0 (2,874)
Tax: 0 0
Profit(or loss) for the financial year: 0 (2,874)

BUDDIES FOR ALL CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 3,648 1,449
Investments:   0 0
Total current assets: 3,648 1,449
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 3,648 1,449
Total assets less current liabilities: 3,648 1,449
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 3,648 1,449
Members' funds
Profit and loss account: 3,648 1,449
Total members' funds: 3,648 1,449

The notes form part of these financial statements

BUDDIES FOR ALL CIC

Balance sheet statements

For the year ending 31 March 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 15 August 2024
and signed on behalf of the board by:

Name: David Bourroughs
Status: Director

The notes form part of these financial statements

BUDDIES FOR ALL CIC

Notes to the Financial Statements

for the Period Ended 31 March 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 consists of grants of the following: A grant of £9,000 from Unltd. A grant of £10,000 from the London borough of Lewisham. And a grant of £10,000 from the National Lottery Awards for All fund.

    Intangible fixed assets amortisation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off assets over their estimated useful lives: Computer equipment 20%.

BUDDIES FOR ALL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

COMMUNITY INTEREST ANNUAL REPORT

BUDDIES FOR ALL CIC

Company Number: 13246508 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Buddies for All is a buddying scheme that supports disabled people with social and leisure activities in London. We support people with physical; sensory; and hidden disabilities, such as chronic illnesses or neurological conditions; aged 18-65. Since we started buddying individuals together; we have successfully matched over eighty disabled people in the London borough of Lewisham supporting them to find a buddy on the telephone; through online video chat or providing face-to-face support by meeting in person for walks, coffee meet ups, bowling and pizza nights thus, helping them to overcome social isolation and loneliness they have been experiencing. Our volunteer buddies support disabled people via the telephone or video platforms such as Zoom or Google Meet. Buddies also offer in-person face-to-face support for individuals who wish to access their local community to attend their favourite sporting or cultural events with the help of a volunteer buddy. Social activities could include: Going for a walk Meeting for a coffee Going to a concert Going to the theatre Going to a football match or other sporting event Going to the cinema Going out to eat Going to the pub Attending a class activity together such as art Having a night outHaving a simple conversation or participating in a social activity alongside their buddy will mean our beneficiaries are less socially isolated. This will improve their confidence; and increase their independence giving the disabled people who we support the opportunity to build social connections. Having the support of a buddy will lead to a disabled person experiencing increased enjoyment and happiness from their social interaction with a buddy. The end goal of a buddy relationship would be for our beneficiaries to build strong relationships across their community with other like-minded individuals. Outcomes such as increased confidence; independence; and social connections will help more disabled people reach their potential and overcome social isolation at the earliest possible stage of their relationship with Buddies for All and their buddy.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £16,291.75.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
15 August 2024

And signed on behalf of the board by:
Name: David Bourroughs
Status: Director