MOVE2CHANGE C.I.C.

Company limited by guarantee

Company Registration Number:
13111966 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

MOVE2CHANGE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MOVE2CHANGE C.I.C.

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

Principal activities of the company

Move2Change CIC incorporated as a Community Interest Company January 4th 2021. The four directors all held full time commitments in their employed roles for other organisations, and the two directors that are currently more 'active' in developing the work of Move2Change are still significantly involved in other interests. However, the advantage of these positions was, and still is, that the experiences afforded them in those organisations and roles provides a wealth of contacts and knowledge that will assist the acquisition and development of the work that Move2Change is positioning itself for. Set-up costs prior to then (from December 2020 onwards) & other administration aspects were brought forward into our first financial year accounts. Initial arrangements and early business development were significantly hampered by the effects of Covid 19 pandemic (inability to visit banks to set up accounts, contacts in organisations shielding and unable to meet in person or whose time was prioritised elsewhere). We now see less evidence of impediment to our work due to these Covid related factors but we are now noticing the impact that current funding conditions and cost of 'living crisis are having for come organisations and individuals. As a community interest company Move2Change is committed to changing lives through positive engagement and activity in the outdoors: helping more people to discover the benefits of being active outdoors and connecting with nature. Income that we gain from commercial work or donations will be used to support our work with those individuals and groups in communities that would otherwise be unable to access the outdoors and gain benefits from being active. In 2023 we estimate that we have provided experiences of a range of duration and type which have positively impacted the physical and mental heal and wellbeing for 450 people. We have also put in place the structures by which we can continue to seek and deliver similar work, both as a separate entity and in partnership with other organisations.

Additional information

Marketing & Communications. Review & external comments led us to seek assistance to look at our core marketing & communications, via website, email & social channels. We are currently having our website re-designed to better meet our needs, expected completion July 2024. We have engaged part-time social media assistance on an occasional basis that has been a more efficient use of resource. Current funded work Adventure 70 - National Lottery Community Fund funded April 23 - March 24. East Lancashire focus - aim is to get more people outdoor, active and connected to nature. This funding has provided the ability for us to estimate the need for our services not only in East Lancashire but in adjacent urban areas in Lancashire, West Yorkshire and major cities such as Bradford. Contract Work (wholly or partially funded by a range of small funds). Move2Change provided the logistical organisation, outdoor technical back up and safety for several community groups and artists using the outdoor environment as stimulus for healthy outdoor activity, creativity and personal growth on a range of residential & non-residential experiences across the UK. In partnership with such organisations as Pendle YESHub, Active Lancashire, Faith Explorers, Experience Wild Ingleborough, Keighley PhotoHub (now Photohub North), Maximus UK, Keighley Big Local, Prospects Foundation, CPAN (Connecting People & Nature (CPAN) Community Leaders, Intercultural Roots, Third Sector Renewables, Primary Films, Yorkshire Wildlife Trust, Keighley College, Airedale Enterprise and others we have impacted people of a range of ages and communities Future funded projects We are actively seeking further funding streams from sources relevant to our aims and geographical areas of operations. We are finding that the acquisition of funding is becoming highly competitive and requires us to build partnerships to attain our aims. Affiliations & certification. We are extending our range of affiliations and certification to better deliver value to our client organisations and individuals. We gained Mountain Training UK accreditation to deliver Hill and Mountain Skills courses as a means to enable individuals to walk independently and safely in UK Hills and Mountains. Since gaining accreditation we have delivered several highly successful courses on both Hill & Mountain areas, building competence for our participants, some of whom already lead community groups and who now have the ability to do so with an enhanced range of skills and knowledge. We also deliver National Navigation Award Scheme courses to effect similar goals. We are the grateful recipients of the Alpkit Continuation project where we receive used outdoor equipment donated by Alpkit customers - helping us to meet both sustainability and income targets. Outdoor activities development work for individuals and teams. This area of work will continue to be delivered by MS/RG under their own qualifications remit but where necessary we will recruit suitably qualified & experienced outdoor (or other skills-based) freelance staff & ensure that they have the appropriate qualifications, insurance, DBS etc in place. We have delivered training programmes for community leaders and volunteers, walk leaders and youth workers who will all have a positive healthy outdoor impact on members of their respective groups and communities. Creative/Artistic activities in communities. This area of work will continue to be delivered by specific individuals with whom we have established a relationship based on shared values and who have an idea to use natural outdoor environments and activities to generate positive and creative outputs. Safety & logistical coverage for these pieces of work/programmes will be provided by Move2Change core or freelance staff. As part of our Adventure70 project we have commissioned and been actively involved in several community arts installations and projects. Corporate area of work (higher-value income generation target). Encouraging corporate social responsibility programmes to bring about change in local ecosystems or communities in co-created projects. Director Inputs and Support. The two directors who are 'active' in the maintenance and development of the organisation have supported the business by financial, material and commitment inputs since January 2021. When examining the viability of the business and responding to calls for information for funding applications we feel that the following factors are of benefit in this report.



Directors

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

Mr R G Gale
Ms B A La Fauci Holmes
Mr M A Sadler
Ms C Wynn


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
6 September 2024

And signed on behalf of the board by:
Name: Mr R G Gale
Status: Director

MOVE2CHANGE C.I.C.

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,256 2,511
Investments:   0 0
Total fixed assets: 1,256 2,511
Current assets
Stocks:   0 0
Debtors: 4 107 102
Cash at bank and in hand: 18,833 13,529
Investments:   0 0
Total current assets: 18,940 13,631
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 21,131 ) ( 20,639 )
Net current assets (liabilities): (2,191) (7,008)
Total assets less current liabilities: (935) ( 4,497)
Creditors: amounts falling due after more than one year: 6 0 ( 1,256 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (935) (5,753)
Members' funds
Profit and loss account: (935) ( 5,753)
Total members' funds: ( 935) (5,753)

The notes form part of these financial statements

MOVE2CHANGE C.I.C.

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.

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 6 September 2024
and signed on behalf of the board by:

Name: Mr R G Gale
Status: Director

The notes form part of these financial statements

MOVE2CHANGE C.I.C.

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 for good supplied and services rendered, net of discounts and value added tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on dispatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and are subsequently stated at cost less and accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts and recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulation impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

    Other accounting policies

    Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fittings fixtures and equipment - 33% straight line If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates. Impairment A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. Government grants Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability. Financial instruments A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

MOVE2CHANGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 4

MOVE2CHANGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 3,766 3,766
Additions
Disposals
Revaluations
Transfers
At 31 January 2024 3,766 3,766
Depreciation
At 1 February 2023 1,255 1,255
Charge for year 1,255 1,255
On disposals
Other adjustments
At 31 January 2024 2,510 2,510
Net book value
At 31 January 2024 1,256 1,256
At 31 January 2023 2,511 2,511

MOVE2CHANGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
£ £
Other debtors 107 102
Total 107 102

MOVE2CHANGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 4,631 7,238
Other creditors 16,500 13,401
Total 21,131 20,639

MOVE2CHANGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

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

2024 2023
£ £
Other creditors 0 1,256
Total 0 1,256

COMMUNITY INTEREST ANNUAL REPORT

MOVE2CHANGE C.I.C.

Company Number: 13111966 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

Move2Change CIC Incorporated as a Community Interest Company on January 4th 2021. Initial arrangements and early business development were significantly hampered by the effects of the Covid-19 pandemic (inability to visit banks to set up accounts, contacts in organisations shielding and unable to meet in person or whose time was prioritised elsewhere). We now see less evidence of impediment to our work due to these Covid related factors but are now noticing the impact that current funding conditions and cost of living crisis are having for some organisations and individuals. As a community interest company Move2Change is committed to changing lives through positive engagement and activity in the outdoors: helping more people to discover the benefits of being active outdoors and connecting with nature. Income that we gain from commercial work or donations will be used to support our work with those individuals and groups in communities that would otherwise be unable to access the outdoors and gain benefit from being active. In 2023 we estimate that we have provided experiences of a range of duration and type which have positively impacted the physical and mental health and wellbeing for 450 people. We have also put in place the structures by which we can continue to seek and deliver similar work, both as a separate entity and in partnership with other organisations.

Consultation with stakeholders

Our consultations thus far have all been either held amongst the directors of Move2Change or with potential partners in future work. At this stage of the company's development we have not generated sufficient activity to form stakeholder relationships that would warrant formal consultations.

Directors' remuneration

Two directors have received some remuneration in the form of paid freelance leader work to deliver projects/contracts (and to manage our larger Adventure 70 project see account notes). The total remuneration received by directors in the year was £9851.15.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Robert Gale
Status: Director