MADE UP COLLECTIVE CIC

Company limited by guarantee

Company Registration Number:
12413717 (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

MADE UP COLLECTIVE CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

MADE UP COLLECTIVE CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 192,061 81,925
Cost of sales: ( 184,801 ) ( 84,249 )
Gross profit(or loss): 7,260 (2,324)
Administrative expenses: ( 7,260 ) ( 13,953 )
Operating profit(or loss): 0 (16,277)
Profit(or loss) before tax: 0 (16,277)
Profit(or loss) for the financial year: 0 (16,277)

MADE UP COLLECTIVE CIC

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 4,020 3,396
Cash at bank and in hand: 12,498 9,515
Total current assets: 16,518 12,911
Net current assets (liabilities): 16,518 12,911
Total assets less current liabilities: 16,518 12,911
Creditors: amounts falling due after more than one year: 4 ( 13,000 ) ( 7,263 )
Accruals and deferred income: ( 6,984 ) ( 9,114 )
Total net assets (liabilities): (3,466) (3,466)
Members' funds
Profit and loss account: (3,466) ( 3,466)
Total members' funds: ( 3,466) (3,466)

The notes form part of these financial statements

MADE UP COLLECTIVE 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 27 October 2024
and signed on behalf of the board by:

Name: Kiran Kaur Chahal
Status: Director

The notes form part of these financial statements

MADE UP COLLECTIVE 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

MADE UP COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 1

MADE UP COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Debtors

2024 2023
£ £
Trade debtors 4,020 3,396
Total 4,020 3,396

MADE UP COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

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

2024 2023
£ £
Other creditors 13,000 7,263
Total 13,000 7,263

COMMUNITY INTEREST ANNUAL REPORT

MADE UP COLLECTIVE CIC

Company Number: 12413717 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

In 2023, Made Up Collective continued to engage consistently within the Kingsmead Estate, Hackney, through three cornerstone projects: the Kingsmead Community Shop (Social Supermarket), the Over 50’s Social Club, and our newly launched Twice Weekly Resistance Training Sessions for elders. Kingsmead Community Shop: Our community-led social supermarket has become a foundation of support, offering nutritious shopping to over 100 families every Saturday at hugely subsidised rates. This year alone, we distributed approximately 45,000 bags of fresh produce and essential groceries. The affordability and accessibility of the shop supports not only our neighbours but also wider Hackney residents. Youth Leader volunteers from Rise.365 have been instrumental in assisting the elderly and those with mobility challenges, carrying shopping right to their doors. This initiative not only alleviates food insecurity but also fosters community solidarity, with over 8,400 volunteer hours logged this year, half of which were contributed by our dedicated Made Up team. Over 50’s Social Club: Our social club has seen remarkable growth, with attendance now at 45 local elders every Wednesday evening. The club offers a range of activities, including bingo, dominoes, and music, coupled with a communal meal. This initiative plays a crucial role in reducing social isolation and enhancing the mental well-being of our elder community members. Over 50’s Resistance Training Sessions: Introduced this year, these sessions aim to improve physical health by increasing mobility, muscle mass, confidence, and bone density among elders. Held twice weekly, the sessions have quickly reached a community of 34, with each session accommodating up to 18-20. . These sessions complement our broader mission by integrating participants from our other projects, promoting a holistic approach to community health. Additional Community Support: In addition to these projects, we have started providing vital IAG support,esp. Information , Adviced and Guidance, esp around housing and benefits. We’ve also maintained our catering services for the local Church of Sound music events and continued our partnership with Companys Drinks in Barking for the Holiday Activities and Food (HAF) program. New Initiatives and Partnerships: This year marked a significant collaboration with Dominvs Group, envisioning a Community Pub within a new student accommodation development in Stratford. Made Up Collective not only supported a successful planning application but also expanded potential revenue streams to sustain our social value projects. Funding and Organizational Development: Our efforts to secure resources for our initiatives have been met with great success, receiving multiple grants that will ensure the continuation and expansion of our work. Moreover, the elevation of a core team member to a directorial position within Made Up Collective underscores our commitment to nurturing leadership that champions community engagement and empowerment.

Consultation with stakeholders

Our stakeholdersare East London residents, a majority of whom are from the Global Majority. Our reach has grown wider afield due to word of mouth, but most people are still mainly from the Kingsmead/Clapton Park Hackney area, and the rest of Hackney. The Stakeholders are from diverse backgrounds, with over 70% with Black African and Caribbean heritage. We set up informal 1-1 conversations with people at the Community Shop each week, and Elders who attend our Over 50’s Social asking about other ways we could support them. In response we are pilot Resistance Training Sessions and Trips for our Over 50’s in a bid to counter long term mobility issues that can lead to social isolation.

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
27 October 2024

And signed on behalf of the board by:
Name: Kiran Kaur Chahal
Status: Director