SENDTIVATE CIC

Company limited by guarantee

Company Registration Number:
12945163 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

SENDTIVATE CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

SENDTIVATE CIC

Directors' report period ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal activities of the company

The principal activity of the company was that of promoting and supporting special education need children and young people into independence.



Directors

The director shown below has held office during the whole of the period from
1 November 2022 to 31 October 2023

Olayide Olafuyi


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
28 October 2024

And signed on behalf of the board by:
Name: Olayide Olafuyi
Status: Director

SENDTIVATE CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 192,330 110,838
Gross profit(or loss): 192,330 110,838
Administrative expenses: ( 181,786 ) ( 74,826 )
Operating profit(or loss): 10,544 36,012
Profit(or loss) before tax: 10,544 36,012
Profit(or loss) for the financial year: 10,544 36,012

SENDTIVATE CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 12,246 4,634
Total fixed assets: 12,246 4,634
Current assets
Cash at bank and in hand: 18,269 15,575
Total current assets: 18,269 15,575
Creditors: amounts falling due within one year: 4 ( 14,206 ) ( 14,444 )
Net current assets (liabilities): 4,063 1,131
Total assets less current liabilities: 16,309 5,765
Total net assets (liabilities): 16,309 5,765
Members' funds
Profit and loss account: 16,309 5,765
Total members' funds: 16,309 5,765

The notes form part of these financial statements

SENDTIVATE CIC

Balance sheet statements

For the year ending 31 October 2023 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 28 October 2024
and signed on behalf of the board by:

Name: Olayide Olafuyi
Status: Director

The notes form part of these financial statements

SENDTIVATE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 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 represents the total receipts, excluding value added tax, as grants during the year.

    Tangible fixed assets depreciation policy

    Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life. Fixture, fittings and equipment - 18% reducing balance

SENDTIVATE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

SENDTIVATE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 6,107 6,107
Additions 10,300 10,300
Disposals
Revaluations
Transfers
At 31 October 2023 16,407 16,407
Depreciation
At 1 November 2022 1,473 1,473
Charge for year 2,688 2,688
On disposals
Other adjustments
At 31 October 2023 4,161 4,161
Net book value
At 31 October 2023 12,246 12,246
At 31 October 2022 4,634 4,634

SENDTIVATE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 14,206 14,444
Total 14,206 14,444

COMMUNITY INTEREST ANNUAL REPORT

SENDTIVATE CIC

Company Number: 12945163 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

SENDTIVATE CIC is set up in October 2010and started trading in June 2021. Our aim is to provide unique inclusive support to all young people living with special educational needs and disabilities (SEND), improving sibling relationships, promoting overall wellbeing of the families within the community. We have successfully increased our work and reached over 150 families within the Royal borough of Greenwich, London borough of Bexley and Medway council. We at Sendtivate have motivated and continue to motivate young people to develop skills that they would not ordinarily have developed. We have encouraged and continue to encourage young people to share their ideas through art for their pleasure while building on their developmental skills. Our mission is to transform the lives of hundreds of teenagers and young adults with special educational needs each year is fostered by creating opportunities for them to learn life-skills activities and empower them to develop those skills gained which will help them live a better life, gain confidence, reduce isolation and reach their full potential. Children and young people who live local to us have been motivated to learn new skills set and come up with many innovative ideas to craft those ideas and apply them in their own life. They have also develop skills in creative expression both verbally and visually and learnt how to see problems from different perspectives. We continue to run a FREE after school club on Mondays “TERM TIME ONLY” and also HOLIDAY activities for SEND children and young people and their siblings. These club activities have equipped our young people with a creative process that they can apply in academic work context or when pursuing their own personal creative projects. They have gained new ideas and skills set as the world is always looking for ideas that con solve problems. We have run free sessions for siblings , young carers to affirm them and build their confidence. Pampering sessions was run to make them feel loved and valued because of their constant caring role. Mental health sessions were run so that they can talk about their mental health and feelings as we recognise that being a young carer can be overwhelming and daunting. We continue to organise outings, relaxation/pampering sessions, workshops and coffee mornings for parents in other to share ideas, learn from each other’s experiences, networking and community cohesion within the SEND world. We have recorded more increase than the previous year from feedback from families we continue to work with , of how our work have helped to improved overall families mental health and wellbeing, reduced isolation , obesity , depression, anxiety, reduced screen time, and community cohesion.

Consultation with stakeholders

Sendtivate’s stakeholders are local residents whose children have special educational needs and disability from low income BAME background. The directors of the organisation have a lived experience of what it is to be a carer, live in a SEND world, the prevailing effects of Covid-19 on SEND families, stigmatisation and isolation involved in being a carer that has birth the organisation from talking/supporting, signposting and involvement with SEND families within the community. We made an effort to go to schools and faith groups and set out a short questionnaire about the prevailing effect of the Covid-19 on special needs families. This has helped us to build up a profile of SEND family’s needs and what we can do to meet them more effectively. Our research showed that there is more than 750 families within royal borough of Greenwich alone who live with the children that have additional needs without adequate support from the local authority. We have reached out to some of them who are now using our service. Also same consultations were done in Bexley council and with similar outcome

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
28 October 2024

And signed on behalf of the board by:
Name: OLAYIDE OLAFUYI
Status: Director