OURSPACEGROUP CIC

Company limited by guarantee

Company Registration Number:
14783835 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 6 April 2023

End date: 30 April 2024

OURSPACEGROUP CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

OURSPACEGROUP CIC

Profit And Loss Account

for the Period Ended 30 April 2024

13 months to 30 April 2024


£
Turnover: 1,098
Cost of sales: 0
Gross profit(or loss): 1,098
Distribution costs: 0
Administrative expenses: ( 599 )
Other operating income: 0
Operating profit(or loss): 499
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 499
Tax: 0
Profit(or loss) for the financial year: 499

OURSPACEGROUP CIC

Balance sheet

As at 30 April 2024

Notes 13 months to 30 April 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 499
Investments:   0
Total current assets: 499
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 499
Total assets less current liabilities: 499
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 499
Members' funds
Profit and loss account: 499
Total members' funds: 499

The notes form part of these financial statements

OURSPACEGROUP 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 5 January 2025
and signed on behalf of the board by:

Name: Max Mackay
Status: Director

The notes form part of these financial statements

OURSPACEGROUP 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

OURSPACEGROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    13 months to 30 April 2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

OURSPACEGROUP CIC

Company Number: 14783835 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Over the last financial year, OURSPACEGROUP CIC have benefited the community in a number of ways, focused on providing free design education to the local East London community Working in close collaboration with Beyond the Box CIC, OURSPACEGROUP CIC was able to secure funding by being selected to be part of Beyond the Box’s ‘young founders’ programme. Along with 4 to 5 other small companies, we were tasked with developing an educational programme throughout the year ahead of The People’s Pavilion Project The People’s Pavilion project offered young people in East London aged 14 to 18 the opportunity to design a Pavilion to host a cultural festival programmed by young Londoners We decided to organise 5 monthly workshops as part of the Ourspacegroup CIC’s educational programme OURSPACEGROUP CIC helped to engage with the local community aged between 16 to 25 to provide free workshops on a syllabus related to architecture and design Workshop 1 March 2023, was focused on architectural design and model making which was hosted at the Morris and Co office, an Architecture practice based in East London, in which volunteers from the Morris and Co's team conducted an office tour and assisted in providing a model making workshop for 20 participants Workshop 2 April 2023, was focused around website and User experience design. This was also hosted at the Morris and Co's office with a UX designer conducting a 2 hour website design workshop with 5 participants Workshop 3 June 2023, was also focused around website and User Experience design. This was hosted at the Morris and Co office with a UX and Web designer from IBM leading the workshop with Ourspacegroup CIC’s assistance to 5 participants Workshop 4 July 2023, was focused on AI design in architecture and design. This was hosted at Morris and Co’s office and lead by an Architect and AI Designer, providing a 3 hour workshop on the fundamental skills required in software’s such as Midjourney, a powerful AI design tool. This was for 10 participants Workshop 5 August 2023, was hosted at Lea Bridge Libaray in Leyton, where The People’s Pavilion project was situated. The OURSPACEGROUP CIC’s founders hosted an AI design workshop to 20 participants.

Consultation with stakeholders

The company's stakeholders are participants of the workshops as part of the educational programs help over the course of 2023. We asked all participants to fill in a short survey to measure the success of the workshops help over the course of that period. We gathered approximately 20 short surveys and the research enabled us to identify which elements of the workshops which were successful. We were able to gather that the majority of workshop participants had gained a new skill as part of the workshops provided. However, it was also found that the participants would also be happy to be part of a programme of a events, something similar to an 'educational syllabus' to further develop their skills over a period of months.

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
5 January 2025

And signed on behalf of the board by:
Name: Max Mackay
Status: Director