GROWING ME CIC

Company limited by guarantee

Company Registration Number:
11838284 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

GROWING ME CIC

Contents of the Financial Statements

for the Period Ended 28 February 2024

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

GROWING ME CIC

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

The principal activity of the company during the year under review was Other Human Health Activities



Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 28 February 2024

B.E.A. Shephard
N.J. Rose
E. Small


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
22 April 2024

And signed on behalf of the board by:
Name: B.E.A. Shephard
Status: Director

GROWING ME CIC

Profit And Loss Account

for the Period Ended 28 February 2024

2024 2023


£

£
Turnover: 0 0
Cost of sales: ( 25,137 ) ( 16,010 )
Gross profit(or loss): (25,137) (16,010)
Distribution costs: ( 264 )
Administrative expenses: ( 1,888 ) ( 4,099 )
Other operating income: 4,789 20,109
Operating profit(or loss): (22,500) 0
Profit(or loss) before tax: (22,500) 0
Profit(or loss) for the financial year: (22,500) 0

GROWING ME CIC

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 10,825 9,043
Total current assets: 10,825 9,043
Creditors: amounts falling due within one year: 3 ( 30,825 ) ( 6,543 )
Net current assets (liabilities): (20,000) 2,500
Total assets less current liabilities: (20,000) 2,500
Creditors: amounts falling due after more than one year: 4 ( 2,500 ) ( 2,500 )
Total net assets (liabilities): (22,500) 0
Members' funds
Profit and loss account: (22,500) 0
Total members' funds: ( 22,500) 0

The notes form part of these financial statements

GROWING ME CIC

Balance sheet statements

For the year ending 28 February 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 22 April 2024
and signed on behalf of the board by:

Name: B.E.A. Shephard
Status: Director

The notes form part of these financial statements

GROWING ME CIC

Notes to the Financial Statements

for the Period Ended 28 February 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the Company; and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in the income and expenditure account, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

GROWING ME CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

GROWING ME CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 30,825 6,543
Total 30,825 6,543

GROWING ME CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

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

2024 2023
£ £
Other creditors 2,500 2,500
Total 2,500 2,500

COMMUNITY INTEREST ANNUAL REPORT

GROWING ME CIC

Company Number: 11838284 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

April 2023 to January 2024. We worked with graduates of Sheffield Hallam University’s Animation Department to create 10 animations that will form part of the Growing Me Toolkit, offering vital psycho-education in a fun and engaging format for care-experienced children and young people. This provided 5 graduate animators with their first real-life project, improving their employability in the creative sector. This is a sector that is quite difficult to get into. June 2023. Scripting and recording all narration for the online guide. Ellie, a trauma and attachment therapist, guides users of the Growing Me toolkit through every step of the journey. This brings high-quality therapeutic intervention to all those who need it, with one child psychologist telling us I love how interesting and engaging you have made it. You normalise how difficult and important this work can be throughout but that you made it feel manageable and safe Winter 2023. We had stalls at young people mental health events across Derbyshire Children and Young People’s Wellbeing event, Umbrella’s SEN Marketplace, and Amber Valley Networking Event, to build connections within the sector January 2024. We held an Animation Celebration event, attended by over 50 people to celebrate our 5 animators, and the wonderful animations they had created. This event also helped build understanding and compassion for the care-experienced community, who sadly are often mis-represented. One attendee told us What a fantastic project , you’ve helped me see behaviour in a different light. October 2023 to April 2024. We worked with Rusty Monkey to create the digital portal that users of the app will access. This has made a high quality therapeutic intervention accessible. Jan to June 2024. Liaising with printing companies took a lot more time and patience than we had planned, though we did eventually get the printing for our first 100 toolkits done using 100% recycled paper and card. February 2024. We held Making Days to sew superhero capes and calm bags that will form part of our toolkits. We also made card and paper based resources. Participants to Making Days reported that it’s lovely to feel useful in retirement and it’s been such a lovely day. And also that this is so therapeutic, to come and I have learnt so much about care-experienced children.

Consultation with stakeholders

The Growing Me team have lived experience where the project was born out of our own experiences of the children’s care system. We have further engaged the care-experienced community through our social media posts, and have also attended events (Belper Children and Young People’s Wellbeing Day, and Umbrella SEN Marketplace at Moorways, for example, plus many more) We have met care-experienced families at events across Derbyshire and received wonderful feedback for Growing Me. Lots of feedback is centred around expanding our offer to help children who are not care-experienced, and this is something that we will explore in due course.

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
22 April 2024

And signed on behalf of the board by:
Name: B. E. A. Shephard
Status: Director