TALES TO INSPIRE 2021 C.I.C.

Company limited by guarantee

Company Registration Number:
13418520 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

TALES TO INSPIRE 2021 C.I.C.

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

TALES TO INSPIRE 2021 C.I.C.

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 25,382 67,249
Cost of sales: ( 29,216 ) ( 46,897 )
Gross profit(or loss): (3,834) 20,352
Administrative expenses: ( 11,584 ) ( 18,396 )
Other operating income: 14,745
Operating profit(or loss): (673) 1,956
Profit(or loss) before tax: (673) 1,956
Tax: ( 372 )
Profit(or loss) for the financial year: (673) 1,584

TALES TO INSPIRE 2021 C.I.C.

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 1,087 1,650
Cash at bank and in hand: 411 13,133
Total current assets: 1,498 14,783
Creditors: amounts falling due within one year: 4 ( 480 ) ( 720 )
Net current assets (liabilities): 1,018 14,063
Total assets less current liabilities: 1,018 14,063
Creditors: amounts falling due after more than one year: 5 ( 372 )
Accruals and deferred income: ( 12,000 )
Total net assets (liabilities): 1,018 1,691
Members' funds
Profit and loss account: 1,018 1,691
Total members' funds: 1,018 1,691

The notes form part of these financial statements

TALES TO INSPIRE 2021 C.I.C.

Balance sheet statements

For the year ending 30 April 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 25 June 2024
and signed on behalf of the board by:

Name: K Patel
Status: Director

The notes form part of these financial statements

TALES TO INSPIRE 2021 C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

TALES TO INSPIRE 2021 C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

TALES TO INSPIRE 2021 C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Debtors

2024 2023
£ £
Trade debtors 1,087 1,650
Total 1,087 1,650

TALES TO INSPIRE 2021 C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 480 720
Total 480 720

TALES TO INSPIRE 2021 C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

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

  2023
  £
Other creditors 372
Total   372

COMMUNITY INTEREST ANNUAL REPORT

TALES TO INSPIRE 2021 C.I.C.

Company Number: 13418520 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Tales to Inspire is a Community Interest Company (CIC) that over the past year has focused on restructuring and revealing a new improved strategy in supporting our ambassadors. We empower communities by offering dynamic keynotes, interactive workshops, and thought-provoking panel discussions by our inspiring role models. Together, we will help your workforce discover and embrace your inner role models and foster awareness whilst driving personal and professional growth. The impact within our community over the last year has grown significantly with an incredible amount of support being provided to people within the community. Our blogs have now been read in 109 Countries around the world and our podcast has been listened to by over 17,000 individuals worldwide. Over the past year we have delivered programmes and support to 796 young people within schools, supporting them with their social and emotional wellbeing, raising aspirations and building confidence, as well as launching 2 new programmes to support young people. Tales to Inspire has also supported adults within the community, providing programmes to assist with employability, workplace solutions as well as raising awareness on societal issues specifically around living organ donation alongside the NHS Blood and Transplant team. In total over the past year we have supported 220 adults through our various projects. Over the past year we have supported the local economy by providing opportunities for work in the education and wellbeing sector.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

K Patel received remuneration of £7,791 in relation to the work he carried out for the CIC during the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
6 September 2024

And signed on behalf of the board by:
Name: K Patel
Status: Director