NEUDICE CIC

Company limited by guarantee

Company Registration Number:
14585791 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 11 January 2023

End date: 31 January 2024

NEUDICE CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

NEUDICE 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
11 January 2023 to 31 January 2024

Stuart Watson
Anne Collis
Edmund Fish


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
24 April 2024

And signed on behalf of the board by:
Name: Stuart Watson
Status: Director

NEUDICE CIC

Profit And Loss Account

for the Period Ended 31 January 2024

13 months to 31 January 2024


£
Turnover: 5,909
Cost of sales: ( 2,623 )
Gross profit(or loss): 3,286
Distribution costs: 0
Administrative expenses: ( 2,903 )
Other operating income: 0
Operating profit(or loss): 383
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 383
Tax: ( 73 )
Profit(or loss) for the financial year: 310

NEUDICE CIC

Balance sheet

As at 31 January 2024

Notes 13 months to 31 January 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors: 3 370
Cash at bank and in hand: 1,736
Investments:   0
Total current assets: 2,106
Prepayments and accrued income: 133
Creditors: amounts falling due within one year: 4 ( 1,928 )
Net current assets (liabilities): 311
Total assets less current liabilities: 311
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 311
Members' funds
Profit and loss account: 311
Total members' funds: 311

The notes form part of these financial statements

NEUDICE 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 24 April 2024
and signed on behalf of the board by:

Name: Stuart Watson
Status: Director

The notes form part of these financial statements

NEUDICE 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

NEUDICE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    13 months to 31 January 2024
    Average number of employees during the period 0

NEUDICE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Debtors

13 months to 31 January 2024
£
Trade debtors 370
Prepayments and accrued income 0
Other debtors 0
Total 370
Debtors due after more than one year: 0

NEUDICE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due within one year note

13 months to 31 January 2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 925
Taxation and social security 73
Accruals and deferred income 0
Other creditors 930
Total 1,928

COMMUNITY INTEREST ANNUAL REPORT

NEUDICE CIC

Company Number: 14585791 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

Physical co-working spaces 1 established space in Plymouth (The Plot) 77 books in library £500 worth of stim toys/regulation devices 1 CIC incubated (Queer Out Loud) Provision of admin and support 4 people receiving Access to Work funded support 52 weekly sprints conducted 12 monthly labs delivered 315+ hours of support from Plymouth (mostly unpaid) 15+ people supported through shed (body doubling, funding support, etc.) 61 active Discord community members 6 volunteers engaged Provision of business services 4 bursary sessions provided (for specific individuals) Neurodiversity 101 training delivered to 4 organisations 5 people received coaching services 19 Shopify orders fulfilled 10+ Eventbrite orders processed Research and evidence hub Approximately 50 different people attended Living Labs 60 individuals received direct support Evidence presented with Buckland Review Nuffield Health, Marjon and Plymouth University research partnerships in development Consultancy 3 major consultancy projects delivered: PSEN (investment processes) Esmee Fairbairn (application process) Social Business Wales (conference inclusivity) 1 paid university partnership in progress (Arts University Plymouth) Events 2 launch events in Plymouth: 25 attendees at Council House Launch 10 attendees at Flint and Steel day Advocacy We have been collaborating with the Department for Work and Pensions (DWP) to make their services more neuro-inclusive. Despite enthusiasm from higher-ups, the challenge lies in ensuring work coaches effectively implement these changes. This collaboration also led to discussions about Personal Independence Payment (PIP) assessments, highlighting the need for empathy and understanding in the process. Funding £5,000 received from POP £400/month spent on Living Labs and rent Benefits: Physical space and events provides community with a sense of belonging and knowing that there are businesses out there that want to support them. Advocacy/Provision of services actively demonstrates to the community the ways we wants to help, and that we are making a difference. This supports our applications for funding which means we can provide more free support. Consultancy and Funding provides income streams which mean we can rely less on charging clients that may not have the means to access our services. Consultancy changes the system for more people, allowing them to access support they might previously have been unable to.

Consultation with stakeholders

1. Discord Community - Real-time feedback through chat and voice channels - Multiple communication options for accessibility 2. Living Labs - Direct community feedback sessions - Co-creation of solutions with members - Real-time testing and adjustment of services 3. Monthly Newsletters - Regular updates with reply option - Alternative engagement for non-Discord users 4. Social Media - Regular engagement through Facebook - Quick feedback via comments, DMs, and polls - Resource sharing and community discussion 5. Training Events - Structured feedback during POP training sessions - Post-event evaluations - Direct input on content and delivery 6. Weekly Hybrid Check-ins - Both in-person and virtual options - Open discussion format - Immediate feedback collection and response No standard consultation has been held.

Directors' remuneration

No directors remuneration received via PAYE payroll. Directors acting as self employed people have received Access To Work funding but have been paid as subcontractors – Anne Collis (£2,637.50) and Stuart Watson (£590). The amounts were coded under a combination of direct expenses and consulting

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
9 October 2024

And signed on behalf of the board by:
Name: Stuart Watson
Status: Director