ASSISTIV CIC

Company limited by guarantee

Company Registration Number:
11150364 (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

ASSISTIV CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ASSISTIV CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 15,709 10,495
Total fixed assets: 15,709 10,495
Current assets
Debtors: 4 36,123 36,934
Cash at bank and in hand: 16,874 12,798
Total current assets: 52,997 49,732
Creditors: amounts falling due within one year: 5 ( 58,405 ) ( 32,193 )
Net current assets (liabilities): (5,408) 17,539
Total assets less current liabilities: 10,301 28,034
Provision for liabilities: ( 2,985 ) ( 1,994 )
Total net assets (liabilities): 7,316 26,040
Members' funds
Profit and loss account: 7,316 26,040
Total members' funds: 7,316 26,040

The notes form part of these financial statements

ASSISTIV 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 9 October 2024
and signed on behalf of the board by:

Name: Stuart Hill
Status: Director

The notes form part of these financial statements

ASSISTIV 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

ASSISTIV CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 8 8

ASSISTIV CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 24,189 115 5,841 0 30,145
Additions 200 16,425 16,625
Disposals ( 1,470 ) ( 1,470 )
Revaluations
Transfers
At 31 March 2024 22,719 115 6,041 16,425 45,300
Depreciation
At 1 April 2023 15,386 29 4,235 0 19,650
Charge for year 5,426 29 1,090 3,764 10,309
On disposals ( 368 ) ( 368 )
Other adjustments
At 31 March 2024 20,444 58 5,325 3,764 29,591
Net book value
At 31 March 2024 2,275 57 716 12,661 15,709
At 31 March 2023 8,803 86 1,606 0 10,495

ASSISTIV CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 31,940 35,955
Prepayments and accrued income 103 979
Other debtors 4,080
Total 36,123 36,934

ASSISTIV CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 49,045 0
Trade creditors 484 10,399
Taxation and social security 3,076 3,253
Accruals and deferred income 5,800 18,404
Other creditors 137
Total 58,405 32,193

COMMUNITY INTEREST ANNUAL REPORT

ASSISTIV CIC

Company Number: 11150364 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

During this financial year, our company has made significant strides in fostering inclusive employment opportunities for individuals with learning disabilities and autism. We have established robust part-nerships with training providers such as Lighthouse Futures Trust, NHS Choices College, and Entrust Care Partnership, which are crucial in supporting individuals on their journeys into paid employment. Our ongoing development of assistive technology has been central to our mission of removing barri-ers in the workplace. This technology is designed to support people with learning disabilities and au-tism, enabling them to perform tasks independently and to a high standard. We have collaborated with a variety of end users, including supported interns, employees, their mentors, and job coaches, to train and develop the necessary skills to effectively utilize this technology. Our efforts have been di-rected towards maximizing its impact and ensuring that users are well-equipped to integrate into their work environments confidently. We have also worked with numerous businesses, such as Heineken Island, Sodexo, and the Compass Group, to raise awareness about the benefits of assistive technology. By demonstrating how this tech-nology can enable individuals to perform their roles independently, we aim to foster a more inclusive workplace culture. This collaboration has helped to improve the disability employment ecosystem, raising confidence among employers and employees alike. Our support extends beyond new users to include individuals previously in employment who continue to use our assistive technology. By maintaining these relationships, we ensure ongoing support and adaptation to their evolving needs. Looking forward, we plan to continue our partnership model, working closely with end businesses to promote cultural adoption of assistive technology. This will help to provide broader employment op-portunities and support internships for people with learning disabilities and autism. Additionally, we are exploring international collaborations, such as our work with Steps in Thailand, to understand how our technology can support individuals in different countries and contexts. Our goal is to expand our impact across various business environments, sectors, and geographic re-gions. We also intend to explore how our technology might benefit other groups facing barriers to employment, ensuring a wider reach and greater inclusivity in the workforce.

Consultation with stakeholders

Our stakeholders encompass a diverse range of individuals and groups integral to the success and im-pact of our initiatives. These include adults with learning disabilities and autism who are the primary users of our assistive technology, as well as their family members or carers who provide essential support. Additionally, our stakeholders involve training providers and job coaches who aid in skill de-velopment, colleagues and mentors within the end businesses, and the businesses themselves that in-tegrate our technology into their workplaces. We engage in constant communication with our users and job coaches to gather feedback on the adoption and usage of our assistive technology. This feedback covers various aspects, including the ease of use, personalization, and configuration of the technology's different elements and workflows. As a result of this consultation, we have made significant improvements to the technology, particular-ly in terms of access and configuration. One notable development is the introduction of an app that allows different users to access specific parts of the platform tailored to their roles and needs. This feature has enhanced the flexibility and usability of our technology, making it more effective and user-friendly. Furthermore, we have actively listened to feedback from end businesses regarding how our technolo-gy benefits their workplaces. This feedback has been crucial in understanding the broader impact of our initiatives and ensuring that our technology aligns with the needs of diverse business environ-ments. Overall, the consultation with our stakeholders has been instrumental in driving the continuous im-provement of our assistive technology, ultimately enhancing its effectiveness and supporting the em-ployment journeys of individuals with learning disabilities and autism. We remain committed to ongo-ing dialogue with all stakeholders to ensure that our solutions continue to meet their needs and foster a more inclusive employment landscape.

Directors' remuneration

Directors renumeration totals £54,500. There were no other transactions or arrangements in connection with the renumeration of directors, or compensation for directors 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
9 October 2024

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