FREESTYLE COMMUNITY PROJECTS CIC

Company limited by guarantee

Company Registration Number:
14598097 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 17 January 2023

End date: 31 January 2024

FREESTYLE COMMUNITY PROJECTS CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

FREESTYLE COMMUNITY PROJECTS CIC

Directors' report period ended 31 January 2024

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

Directors

The directors shown below have held office during the whole of the period from
17 January 2023 to 31 January 2024

Andrew Falconer
Sarah Falconer
Emily Treadgold
Athene Wherrett
Robert Bailey


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 April 2024

And signed on behalf of the board by:
Name: Andrew Falconer
Status: Director

FREESTYLE COMMUNITY PROJECTS CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024


£
Turnover: 51,805
Cost of sales: 0
Gross profit(or loss): 51,805
Distribution costs: 0
Administrative expenses: ( 54,104 )
Other operating income: 0
Operating profit(or loss): (2,299)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (2,299)
Tax: 0
Profit(or loss) for the financial year: (2,299)

FREESTYLE COMMUNITY PROJECTS CIC

Balance sheet

As at 31 January 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 39,829
Total current assets: 39,829
Net current assets (liabilities): 39,829
Total assets less current liabilities: 39,829
Total net assets (liabilities): 39,829
Members' funds
Profit and loss account: 39,829
Total members' funds: 39,829

The notes form part of these financial statements

FREESTYLE COMMUNITY PROJECTS CIC

Balance sheet statements

For the year ending 31 January 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 April 2024
and signed on behalf of the board by:

Name: Andrew Falconer
Status: Director

The notes form part of these financial statements

FREESTYLE COMMUNITY PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 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 and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives . The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

    Intangible fixed assets amortisation policy

    Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date if the fair value can be measured reliably. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives

FREESTYLE COMMUNITY PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

FREESTYLE COMMUNITY PROJECTS CIC

Company Number: 14598097 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

Freestyle Community Projects has contributed to various community development initiatives in this past year. Freestyle Community Projects has benefited the community by providing 16 self employed opportunities for local people who worked with us, including: local activists, artists, and facilitators who we collaborated with. We have also created 30 volunteer opportunities throughout the year, a mixture of ad hoc and longer term positions. 1. Community organising: We enabled communities to form around shared interests. This included Holgate alley regeneration (100 visitors) and facilitating the Paradox collective in central Middlesbrough. Between Out and About and Urban Rebirth, we also co-produced resources to help wider networks of Teessiders to embrace wellness and celebrate community assets. We sought commissions to carry out research with people in the local community to inform services and we developed Deep Routes, a training program covering various aspects of community development and organisational change. 2. Running a community hub. The Exchange Community Hub in Middlesbrough Town Centre. The community hub hosted: public living rooms (agenda free coffee mornings) creative workshops for adults and families a ‘library of things’ including: toys, DIY items, cooking equipment, camping supplies and more. Approximately 2000 visitors benefitted from these services. We also rented out the space to other community groups/activists. The activities provided at our community hub have supported people during the cost of living crisis. We provided events free of charge or on a pay as you feel basis. Our public living rooms and creative workshops were able to function as a warm spaces during colder winter months where visitors could access free hot drinks and snacks, these activities continued during spring and summer providing opportunities to socialise and make connections, and in the case of creative workshops, providing a free space for families to take part in art or play games. The library of things has benefited the community by providing access to affordable equipment and toys, in particular community groups and activists have benefited from access to low cost or free of charge equipment. 3. Hosting: Facilitating extensive community conversations helped us form a picture of what residents feel is needed for positive change in Teesside. Our first large scale conversation included participation by approximately 1600 people. This culminated in infrastructure support for the Middlesbrough Poverty Truth Commission; a systems thinking approach to poverty, focused on the vital importance of lived experience. 4. Arts: We facilitated community around arts and encouraged arts participation, learning and expression through arts and creatively improving wellbeing and health. These activities had approximately 450 visitors. We brought communities together around creative aims such as: families playing and being creative together and adult groups around creativity to reduce isolation and creating for wellbeing and health. We also worked with outdoor spaces to create group art work that improved the local area.

Consultation with stakeholders

Community involvement is central to the way we work. Many of our projects centre on co-production, where FreeStyle workers and the people who attend groups, even civic leaders, collaborate to produce a shared objective. Wherever we act, we aim to build participatory projects, genuinely reflecting the voice of the community it serves. We also engage in follow-up conversations. We worked with people in our groups and local communities to inform our work e.g. asking vulnerable people what services they would like to see. Feedback forms and surveys suggest people value what we provide. We’re told that our public living rooms are the only chance to have a conversation with others. Throughout the year we facilitated a series of community conversations involving stakeholders across our local systems. These drilled down into the potential for community change and the ambitions people have of future interventions. Some 1600 participated last year, leading to independent activity as well as some great FreeStyle projects. These include art projects, development of placemaking cards, supporting an independent Poverty Truth Commission (systems, service adaptation), and new partnership work with civic groups. Volunteers recruited from people who attend different groups, as volunteers can attend meetings and give feedback - -community reporting

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
15 April 2024

And signed on behalf of the board by:
Name: Andrew Falconer
Status: Director