FOUND SW CIC

Company limited by guarantee

Company Registration Number:
14751573 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 23 March 2023

End date: 31 March 2024

FOUND SW CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

FOUND SW CIC

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

Found SW CIC is dedicated to empowering neurodiverse/ADHD creatives, especially women and children, through transformative confidence coaching and creative development. The company's principal activities include delivering art-based workshops, providing confidence coaching, and organizing community creative events. During this year, the company delivered the Creative Confidence Club workshop series for children aged 8-13 and their parents, provided subsidized coaching for neurodiverse mothers, collaborated with local organizations to deliver art workshops for trauma survivors, and organized community creative outreach events. These activities foster personal and professional growth through a heart-led approach to business, creativity, and the arts, while promoting an inclusive, collaborative environment where participants can discover their unique voice and unlock their full potential.

Political and charitable donations

During the year, the company made charitable donations of £80.00. The company made no political donations during the year.

Company policy on disabled employees

The company had no employees during the year. However, the company is committed to equal opportunities and inclusion in all its activities, including any future employment opportunities. The company's mission specifically focuses on supporting neurodiversity and accessibility in the community.

Additional information

FUTURE DEVELOPMENTS AND PRINCIPAL RISKS The company plans to continue developing its community programs, particularly focusing on expanding the Creative Confidence Club and coaching services. The principal risks relate to securing sustainable funding and managing program delivery costs while maintaining accessible pricing for our community. The directors are actively working to address these challenges through community partnerships and efficient resource management.



Directors

The directors shown below have held office during the whole of the period from
23 March 2023 to 31 March 2024

Amy Elizabeth Chadney
Anna Isabel Ryan
Elspeth Catriona Shepherd


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
20 January 2025

And signed on behalf of the board by:
Name: Amy Elizabeth Chadney
Status: Director

FOUND SW CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024


£
Turnover: 2,114
Cost of sales: 0
Gross profit(or loss): 2,114
Distribution costs: 0
Administrative expenses: ( 2,114 )
Other operating income: 0
Operating profit(or loss): 0
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 0
Tax: 0
Profit(or loss) for the financial year: 0

FOUND SW CIC

Balance sheet

As at 31 March 2024

Notes 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: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

FOUND SW CIC

Balance sheet statements

For the year ending 31 March 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 20 January 2025
and signed on behalf of the board by:

Name: Amy Elizabeth Chadney
Status: Director

The notes form part of these financial statements

FOUND SW CIC

Notes to the Financial Statements

for the Period Ended 31 March 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 represents income from workshops, coaching services, and community programs. Income is recognized when the Company has entitlement to the funds, any performance conditions have been met, it is probable that the income will be received, and the amount can be measured reliably. For workshops and programs, income is recognized when the service is delivered. For coaching services, income is recognized in the period when the coaching takes place. Grant income is recognized when the Company has entitlement to the funds, any performance conditions have been met, receipt is probable, and the amount can be reliably measured.

    Other accounting policies

    2.1 Basis of preparation These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 2.2 Going concern The financial statements have been prepared on a going concern basis. The directors have considered future activities and projected cash flows and have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. 2.4 Cash and cash equivalents Cash and cash equivalents include cash in hand and deposits held at banks with original maturities of three months or less. Cash and cash equivalents are measured at transaction price. 2.5 Debtors Short term debtors are measured at transaction price, less any impairment. A provision for impairment is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of receivables. 2.6 Creditors Short term creditors are measured at transaction price. Short term creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

FOUND SW CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

    The directors provided services on a voluntary basis during the accounting period. No remuneration was paid to any directors or employees. The company is committed to equal opportunities and inclusion in all its activities, including any future employment opportunities.

FOUND SW CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Financial Commitments

No financial commitments

FOUND SW CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Loans to directors

No loans to directors

FOUND SW CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Off balance sheet arrangements

No off balance sheet arrangements

COMMUNITY INTEREST ANNUAL REPORT

FOUND SW CIC

Company Number: 14751573 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Found SW CIC has benefited the community through targeted creative and mental health support programs, specifically: Creative Confidence Club Workshop Series: - Delivered three 2-hour workshops for children aged 8-13 and their parents, addressing the critical need for mental health support (with statistics showing five children in every classroom have mental health challenges) - Provided professional art instruction and materials to participants - Organized a community exhibition celebrating participants' achievements - Distributed mental health awareness t-shirts designed by local young artists Created safe, supportive spaces for parent-child bonding through creativity Accessible Support Services: - Provided reduced-cost coaching services for neurodiverse mothers and women - Collaborated with Heart of Torbay CIC to deliver art workshops for trauma survivors - Organized community outreach at Paignton Fair, providing free art and wellness activities for local families - Partnered with Daylight Collective (Exeter) to deliver creative workshops for mothers - Hosted an inclusive Christmas workshop at Torbay Lounge, making creative activities accessible to all abilities and ages Community Impact: - Supported mental health development in young people through creative expression - Enhanced parent-child relationships through collaborative activities - Created opportunities for community connection and peer support - Provided accessible creative services to underserved groups - Built partnerships with local organizations to extend community reach

Consultation with stakeholders

Our stakeholders include neurodiverse individuals (particularly women and children), their families, and community organizations in the South West. The directors, including Amy Chadney who is herself neurodiverse and an experienced art teacher and coach, developed our programs based on direct community engagement and personal experience with neurodiversity. Our consultation process has been integrated into all aspects of our service delivery. For the Creative Confidence Club, participants and parents completed feedback forms after each session, with follow-up surveys tracking longer-term impact on confidence and wellbeing. We maintained ongoing dialogue with participants through informal discussions and a suggestions box for program improvements. Community partner engagement has been crucial to our development. Regular meetings with Heart of Torbay helped us understand and address the specific needs of trauma survivors, while collaboration with Daylight Collective provided insights into mothers' support requirements. Our partnership with Torbay Lounge enhanced our understanding of community accessibility needs. Through comprehensive service user research, we identified approximately 20 neurodiverse mothers requiring subsidized coaching support. We carefully monitored participation patterns at community events to optimize future programming and gathered detailed feedback about art materials and teaching methods from both children and parents. This consultation process revealed several key insights: the benefit of combined parent-child sessions rather than separate workshops, the importance of smaller group sizes in neurodiverse-friendly environments, the value of take-home materials for continued practice, and the need for more accessible pricing options. In response to this feedback, we implemented several changes to our service delivery. We introduced sliding scale fees for coaching, developed our parent-child workshop model, created take-home art supply kits, and established quieter, more structured workshop environments. These adaptations have directly improved our ability to serve our community's needs effectively.

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
20 January 2025

And signed on behalf of the board by:
Name: Amy Chadney
Status: Director