REGISTERED NUMBER: |
Report of the Directors and |
Unaudited Financial Statements |
for the Period 24 November 2022 to 31 March 2024 |
for |
Citizens In Power |
REGISTERED NUMBER: |
Report of the Directors and |
Unaudited Financial Statements |
for the Period 24 November 2022 to 31 March 2024 |
for |
Citizens In Power |
Citizens In Power (Registered number: 14503712) |
Contents of the Financial Statements |
for the Period 24 November 2022 to 31 March 2024 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Accountants' Report | 5 |
Income Statement | 6 |
Balance Sheet | 7 |
Notes to the Financial Statements | 8 |
Citizens In Power |
Company Information |
for the Period 24 November 2022 to 31 March 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
St Mary's Court |
The Broadway |
Old Amersham |
Buckinghamshire |
HP7 0UT |
Citizens In Power (Registered number: 14503712) |
Report of the Directors |
for the Period 24 November 2022 to 31 March 2024 |
The directors present their report with the financial statements of the company for the period 24 November 2022 to 31 March 2024. |
INCORPORATION |
The company was incorporated on 24 November 2022 . |
PRINCIPAL ACTIVITY |
The principal activity of the company in the period under review was that of focusing on co-designing ways for citizens to lead decision-making. |
DIRECTORS |
The directors who have held office during the period from 24 November 2022 to the date of this report are as follows: |
As per the current constitution of the company, only members are entitled to appoint a director at a general meeting. |
Citizens In Power (Registered number: 14503712) |
Report of the Directors |
for the Period 24 November 2022 to 31 March 2024 |
Citizens In Power is a not-for-profit organisation focused on co-designing ways for citizens to lead decision-making. We advocate for citizen-led governance, working with networks, organisations, and governments to shape the future through inclusive decision-making. Citizens are people who live, work or stay in a place, in other words, everyone is a citizen of the place they inhabit. The company was co-founded by Saad Eddine Said and David Jubb because of their shared interest in creating fairer and more inclusive forms of decision-making. |
Key Achievements for Citizens In Power |
We publicly launched the organisation in May 2023 and since then have been working on a number of partnership projects including: |
1. Citizens for Culture - a partnership with Trinity Community Arts, St Pauls Carnival and West of England Combined Authority to create a citizens' assembly for culture which will create a citizen-led cultural delivery plan for the West of England region, working closely with four Unitary Authorities, Arts Council England, the cultural sector and communities across the region. The creative assembly experience will take place in 2025 and we are grateful to the Combined Authority, Arts Council England, the Calouste Gulbenkian Foundation and Paul Hamlyn Foundation for supporting Citizens for Culture. |
2. Jury for Joy - a partnership with Everyone Here and Action with Communities in Cumbria to create a citizens' jury which will shape a creative and cultural programme of activities for West Cumbria. The first edition of Jury for Joy took place in May 2024 and we are grateful to Arts Council England who fund Everyone Here as a Creative People and Places project and their ambition to create a new democratic model of programming in West Cumbria. |
3. Citizens In Power network - we undertook a public callout in 2023 to see if there were practitioners and organisations in and around the cultural sector who were interested in testing and developing new forms of citizen-led decision-making in their work. We were delighted to receive multiple expressions of interest to work together to develop this area of work. We formed a network with Members, Associates and Experts and we are grateful to Calouste Gulbenkian Foundation and to Esmee Fairbairn Foundation who have both offered to support this pioneering group of organisations over the coming three years. |
In addition to our partnership programmes of work, we have also worked with a number of organisations to share presentations and workshops on the subject of citizen-led decision-making including Arts Council England, Greater London Authority, Calouste Gulbenkian Foundation, Clore Leadership and its Cultural Leadership Alliance, Engage, Social Making, Nobel Prize Museum and others. We also published some of our first publicly available educational resources including Six Steps for a Citizens' Assembly. We have enjoyed forming connections and working relationships with a range of organisations in the democracy sector including Involve, Sortition Foundation (David Jubb is an Independent Director), Shared Future, Electoral Reform Society, Democracy Network and many others. |
Financial Overview |
These accounts take us up until March 2024 and largely include partnership projects with organisations. A small start-up fund was used to kick-start Citizens In Power projects such as a company website but the organisation has quickly become able to operate without start-up investment. Income has been carefully managed and we have begun to grow regular sources via trusted partnerships. The company's income has been used to pay one co-director salary (David Jubb) and administrative expenses have been kept deliberately low. As a consequence our impact outweighs the appearance of our organisation's budget because much of our delivery operates as an integral part of other organisation's budgets and projects. |
Challenges and Lessons Learned |
There have been inevitable challenges around capacity in a first year of operation. This has not impacted on our delivery or partnership work but has led to challenges in terms of lack of capacity to publicly promote and tell the story about the work that Citizens In Power is undertaking. Going forward, we hope the Citizens In Power Network will be a powerful partnership to tell a shared story about the value of citizen-led decision-making. There is also work to do to track the value of the work we are doing as a new organisation and its long-term impact in terms of fairer and more inclusive ways of decision-making. |
Citizens In Power (Registered number: 14503712) |
Report of the Directors |
for the Period 24 November 2022 to 31 March 2024 |
Future Plans and Priorities |
Moving forwards, it is clear that there is increasing interest and demand for the support, services and expertise that Citizens In Power is able to provide. We anticipate that as we grow our partner base the organisation will need to recruit additional team members to support delivery. This is especially important because we want to ensure that we have enough capacity to better tell the story of our work and ensure we are advocating with funders, governments and decision-makers, to support a wider transition to citizen-led decision-making. Again, the Citizens In Power Network feels like an important way in which we can work with partners, and that by working together we can grow our impact. An example of this is that we want to look at regulatory frameworks that define current governance practice, as set out by the Charity Commission, and explore new and innovative approaches that include citizen-led decision-making. |
Saad Eddine Said and David Jubb, October 2024. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Citizens In Power |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Citizens In Power for the period ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Citizens In Power, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Citizens In Power and state those matters that we have agreed to state to the Board of Directors of Citizens In Power, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Citizens In Power and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Citizens In Power has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Citizens In Power. You consider that Citizens In Power is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Citizens In Power. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
St Mary's Court |
The Broadway |
Old Amersham |
Buckinghamshire |
HP7 0UT |
Citizens In Power (Registered number: 14503712) |
Income Statement |
for the Period 24 November 2022 to 31 March 2024 |
£ |
INCOME |
Expenditure | ( |
) |
GROSS SURPLUS |
Administrative expenses | ( |
) |
OPERATING SURPLUS and |
SURPLUS BEFORE TAXATION |
Tax on surplus |
SURPLUS FOR THE FINANCIAL PERIOD |
Citizens In Power (Registered number: 14503712) |
Balance Sheet |
31 March 2024 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Citizens In Power (Registered number: 14503712) |
Notes to the Financial Statements |
for the Period 24 November 2022 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Citizens In Power is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.The directors D J T Jubb and S E Said are limited by guarantee of £1. |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Taxation and social security |
Other creditors |