IMAGINEER DEVELOPMENT UK CIC

Company limited by guarantee

Company Registration Number:
08243143 (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

IMAGINEER DEVELOPMENT UK CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

IMAGINEER DEVELOPMENT UK 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

E Leach
S Holmes
A Hiscutt


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
16 September 2024

And signed on behalf of the board by:
Name: E Leach
Status: Director

IMAGINEER DEVELOPMENT UK CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 196,673 198,974
Cost of sales: ( 130,926 ) ( 91,229 )
Gross profit(or loss): 65,747 107,745
Administrative expenses: ( 76,652 ) ( 103,623 )
Operating profit(or loss): (10,905) 4,122
Interest receivable and similar income: 1,199 314
Interest payable and similar charges: 0 ( 4,172 )
Profit(or loss) before tax: (9,706) 264
Tax: 901 ( 41 )
Profit(or loss) for the financial year: (8,805) 223

IMAGINEER DEVELOPMENT UK CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 629 729
Tangible assets: 4 4,181 2,987
Total fixed assets: 4,810 3,716
Current assets
Debtors: 5 6,798 30,293
Cash at bank and in hand: 27,138 160,937
Total current assets: 33,936 191,230
Creditors: amounts falling due within one year: 6 ( 8,984 ) ( 155,811 )
Net current assets (liabilities): 24,952 35,419
Total assets less current liabilities: 29,762 39,135
Provision for liabilities: ( 568 )
Total net assets (liabilities): 29,762 38,567
Members' funds
Profit and loss account: 29,762 38,567
Total members' funds: 29,762 38,567

The notes form part of these financial statements

IMAGINEER DEVELOPMENT UK 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 16 September 2024
and signed on behalf of the board by:

Name: E Leach
Status: Director

The notes form part of these financial statements

IMAGINEER DEVELOPMENT UK 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 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 is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised when the service has been performed.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 20% Reducing Balance Fixtures & Fittings 15% Reducing Balance Computer Equipment 33% Straight Line

    Intangible fixed assets amortisation policy

    Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to income and expenditure account over its estimated economic life of ten years.

IMAGINEER DEVELOPMENT UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 3

IMAGINEER DEVELOPMENT UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2023 1,000 1,000
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 1,000 1,000
Amortisation
At 1 April 2023 271 271
Charge for year 100 100
On disposals
Other adjustments
At 31 March 2024 371 371
Net book value
At 31 March 2024 629 629
At 31 March 2023 729 729

IMAGINEER DEVELOPMENT UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 1,000 7,634 8,634
Additions 3,250 3,250
Disposals
Revaluations
Transfers
At 31 March 2024 1,000 10,884 11,884
Depreciation
At 1 April 2023 769 4,878 5,647
Charge for year 35 2,021 2,056
On disposals
Other adjustments
At 31 March 2024 804 6,899 7,703
Net book value
At 31 March 2024 196 3,985 4,181
At 31 March 2023 231 2,756 2,987

IMAGINEER DEVELOPMENT UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 6,297 30,293
Other debtors 501
Total 6,798 30,293

IMAGINEER DEVELOPMENT UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 158
Taxation and social security 1,852
Accruals and deferred income 895 146,882
Other creditors 8,089 6,919
Total 8,984 155,811

COMMUNITY INTEREST ANNUAL REPORT

IMAGINEER DEVELOPMENT UK CIC

Company Number: 08243143 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Imagineer CIC provides support for people of any age to develop their confidence and positively take action to improve and access their life opportunities. We work in many different ways to help improve peoples’ self-direction and interdependence; and to assert their voice, their individuality and their citizenship. We have done this in the past financial year through the following activities: Developing and sharing accessible information about people’s rights in relation to Self-Directed Support; Health and Social Care and Citizenship via Social Media, Website, Blogs, Online training content & Webinars Providing 2491 hours of Support Brokerage and 483 hours of Brokerage Management services enabling people to have person-centred and tailored support Training 7 people as Independent Support Brokers Developing and growing the membership and reach of the National Brokerage Network, including provision of 6 mentoring sessions to Independent Support Brokers

Consultation with stakeholders

The company stakeholders are the people who receive the support and services we offer, the employees and the board of Directors. We currently have 2 employees on payroll and 10 associate consultants who we bring in on an ‘as required’ basis to help support our service delivery. We have 3 company directors and one non-executive board adviser, who is a person with lived experience from our community of interest.The board adviser attends board meetings and provides input to all decision-making. We run regular service evaluations, feedback sessions, team meetings, supervisions, and board meetings, and we are also now using a software platform (CRM) called ‘Lamplight’ which enables us to capture, monitor and analyse the outcomes and impact of our work. Lamplight is updated following all deliverable activities and contact with stakeholders. We embed co production into the way we plan for the future and organise our services We also consult regularly with our wider ‘audience’ via social media and email subscription channels, by running regular polls and surveys to determine how we can best develop new products, services and information to support our ‘Community of Interest’. We have action plans to respond to feedback we receive and strive to achieve the best for the people we support, our customers and the local communities where we are active.

Directors' remuneration

No remuneration was received for people who sit on the board of directors. The Managing Director receives an annual wage for the running of the organisation.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: E LEACH
Status: Director