INVISIBLE CITIES UK C.I.C.

Company limited by guarantee

Company Registration Number:
12423565 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 1 March 2023

End date: 29 February 2024

INVISIBLE CITIES UK C.I.C.

Contents of the Financial Statements

for the Period Ended 29 February 2024

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

INVISIBLE CITIES UK C.I.C.

Directors' report period ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal activities of the company

The principle activity of the company during the period of review was that of tourist guides.

Additional information

Small company provisions This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.



Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 29 February 2024

Zakia Moulaoui
Sian Frances Downes
David Donoghue


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
13 January 2025

And signed on behalf of the board by:
Name: Zakia Moulaoui
Status: Director

INVISIBLE CITIES UK C.I.C.

Profit And Loss Account

for the Period Ended 29 February 2024

2024 2023


£

£
Turnover: 1,563 7,818
Cost of sales: ( 2,158 ) ( 5,679 )
Gross profit(or loss): (595) 2,139
Administrative expenses: ( 10,820 ) ( 29,462 )
Other operating income: 13,545 32,402
Operating profit(or loss): 2,130 5,079
Interest payable and similar charges: ( 1,684 ) ( 1,584 )
Profit(or loss) before tax: 446 3,495
Tax: ( 180 ) ( 579 )
Profit(or loss) for the financial year: 266 2,916

INVISIBLE CITIES UK C.I.C.

Balance sheet

As at 29 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 32 64
Total fixed assets: 32 64
Current assets
Debtors: 4 8,857 11,117
Cash at bank and in hand: 3,261 16,777
Total current assets: 12,118 27,894
Creditors: amounts falling due within one year: 5 ( 7,044 ) ( 18,054 )
Net current assets (liabilities): 5,074 9,840
Total assets less current liabilities: 5,106 9,904
Creditors: amounts falling due after more than one year: 6 ( 2,529 ) ( 7,581 )
Provision for liabilities: ( 12 )
Total net assets (liabilities): 2,577 2,311
Members' funds
Profit and loss account: 2,577 2,311
Total members' funds: 2,577 2,311

The notes form part of these financial statements

INVISIBLE CITIES UK C.I.C.

Balance sheet statements

For the year ending 29 February 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 13 January 2025
and signed on behalf of the board by:

Name: Zakia Moulaoui
Status: Director

The notes form part of these financial statements

INVISIBLE CITIES UK C.I.C.

Notes to the Financial Statements

for the Period Ended 29 February 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, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Computer equipment 20% straight line

    Other accounting policies

    Deferred taxation Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

INVISIBLE CITIES UK C.I.C.

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 3

INVISIBLE CITIES UK C.I.C.

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 160 160
Additions
Disposals
Revaluations
Transfers
At 29 February 2024 160 160
Depreciation
At 1 March 2023 96 96
Charge for year 32 32
On disposals
Other adjustments
At 29 February 2024 128 128
Net book value
At 29 February 2024 32 32
At 28 February 2023 64 64

INVISIBLE CITIES UK C.I.C.

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Debtors

2024 2023
£ £
Other debtors 8,857 11,117
Total 8,857 11,117

INVISIBLE CITIES UK C.I.C.

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 900
Taxation and social security 192 567
Accruals and deferred income 900 12,435
Other creditors 5,052 5,052
Total 7,044 18,054

INVISIBLE CITIES UK C.I.C.

Notes to the Financial Statements

for the Period Ended 29 February 2024

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

2024 2023
£ £
Other creditors 2,529 7,581
Total 2,529 7,581

COMMUNITY INTEREST ANNUAL REPORT

INVISIBLE CITIES UK C.I.C.

Company Number: 12423565 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

We train people who have experienced homelessness in the UK to become walking tour guides of their own city. On average we train 15 people a year on transferrable skills such as public speaking, storytelling, customer service and history. We employ people directly to deliver walking tours and offer tailored support, so people remain in employment. This includes budgeting, mental health support and signposting to other services and organisations for volunteering, employment or education. We deliver walking tours of our cities that raise awareness of homelessness and other social justice themes. They highlight untold stories, communities and issues of our cities and change perceptions of homelessness for the general public. We deliver community events and campaigns to support vulnerable people in our communities. This includes deliveries of self-care packages and delivery of free community tours and events for those who cannot afford them.

Consultation with stakeholders

Beneficiaries (guides and trainees) have been consulted on what type of support would be the most needed/required. It has been decided that they can ask for one to one support tailored to their individual needs (including administration support, signposting, access to education etc). Through specific periods of the year (winter) it has been decided to support them with deliveries of groceries, basic sanitary items and toiletries. For the wider community support, beneficiaries have decided that provision of self-care packages and donations of essential items (warm items, sanitary items, etc) was the most beneficial.

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
13 January 2025

And signed on behalf of the board by:
Name: Zakia Moulaoui
Status: Director