DADSPACE CIC

Company limited by guarantee

Company Registration Number:
14064953 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

DADSPACE CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

DADSPACE CIC

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Denver King
Michael Bright


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
15 November 2024

And signed on behalf of the board by:
Name: Denver King
Status: Director

DADSPACE CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 2,229 220
Cost of sales: ( 4,096 )
Gross profit(or loss): (1,867) 220
Administrative expenses: ( 6,237 ) ( 1,898 )
Other operating income: 9,127 600
Operating profit(or loss): 1,023 (1,078)
Profit(or loss) before tax: 1,023 (1,078)
Profit(or loss) for the financial year: 1,023 (1,078)

DADSPACE CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 7,125 392
Total current assets: 7,125 392
Creditors: amounts falling due within one year: 3 ( 2,180 ) ( 1,470 )
Net current assets (liabilities): 4,945 (1,078)
Total assets less current liabilities: 4,945 ( 1,078)
Accruals and deferred income: ( 5,000 )
Total net assets (liabilities): (55) (1,078)
Members' funds
Profit and loss account: (55) ( 1,078)
Total members' funds: ( 55) (1,078)

The notes form part of these financial statements

DADSPACE CIC

Balance sheet statements

For the year ending 30 April 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 15 November 2024
and signed on behalf of the board by:

Name: Denver King
Status: Director

The notes form part of these financial statements

DADSPACE CIC

Notes to the Financial Statements

for the Period Ended 30 April 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 goods and services provided in the normal course of business, net of discounts and value added taxes.

    Other accounting policies

    Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

DADSPACE CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 0

DADSPACE CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 600 180
Other creditors 1,580 1,290
Total 2,180 1,470

COMMUNITY INTEREST ANNUAL REPORT

DADSPACE CIC

Company Number: 14064953 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

DadSpace provides many FREE in person events, walks and workshops for fathers and their families, delivering our unique brand of “Brotherly Support Between Fathers”. The project started in November 2021. The first year was so rewarding and well received that we formalised as a CIC in January 2023 which enabled us to start fund raising, to allow us to organise even more events, opportunities and now open new locations. Having started in Maidstone, we now have regular sessions in Sevenoaks and Ashford too, with plans to open more locations in Broadstairs and Sittingbourne next year. During the financial year 2022-2023, DadSpace activities have directly benefited over 800 fathers (+ their familys) and the wider community in general in the following ways, but not limited to: *Hosted Guest speakers on requested topics such as ADHD, Relationship Counciling and Personal Motivation. *We host an active Facebook community and WHatsApp groups for peer on peer support. *Conducted several radio interviews (BBC Radio Kent, Made in Kent Radio, Kent Online), and hosted a stall at local festivals and school fetes, in person to highlight and address importance of mens mental health in general and promote our free events. *In May we hosted a group of 14 dads on a fundraising hike up Scafell Pike Mountain and raised over £2000 for DadSpace. *Hosted physical gym sessions for dads to motivate them to exercise and experience *Provided opportunities for dads to play in charity football match and raised over £1000. *We have visited several local businesses (including Charities Aid Foundation, KCC and Bedfont scientific) and delivered workshops on mental health to over 1000 employees. *Most importantly, we have at least 3 fathers who have admitted to considering suicide as a way out. They have openly said that DadSpace sessions helped them see that there is a scenario in which they can thrive and survive as a father. Regardless of the fundraising or fun events, these 3 men being with us today surrounded by their family's are our proudest achievement to date.

Consultation with stakeholders

DadSpace Stakeholders are the very Fathers and Families that attend our events. The directors are dedicated to delivering a variety of unique and FREE events that are appealing to a wide range of people. There are a number of mental health support groups out there, but we believe that our variation of events is what gives DadSpace its uniqueness in this sector. We always receive lots of positive feedback in person and have shining reviews on trust pilot page. In October 2023 we were recognised as award winners and Champions of mental Health awareness by Kent Mental Wellbeing awards, which was sponsored by the charity “Mind”. We have recently secured funding from KCC to open 3 new locations (the first of which was achieved early and was recognised as exceptional work by KCC in a project review meeting. We look forward to delving even more events in 2024 and continuing to raise awareness of mental health.

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
15 November 2024

And signed on behalf of the board by:
Name: Mr Denver King
Status: Director