THE STORY PROJECT CIC

Company limited by guarantee

Company Registration Number:
13899888 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

THE STORY PROJECT CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

THE STORY PROJECT CIC

Directors' report period ended 31 July 2024

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

Directors

The directors shown below have held office during the whole of the period from
1 August 2023 to 31 July 2024

Olivia Richards
Katherine Butler
Sarah Eggleton


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
21 January 2025

And signed on behalf of the board by:
Name: Olivia Richards
Status: Director

THE STORY PROJECT CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024 18 months to 31 July 2023


£

£
Turnover: 2,721 3,065
Cost of sales: ( 28,081 ) 0
Gross profit(or loss): (25,360) 3,065
Administrative expenses: ( 96,663 ) ( 30,443 )
Other operating income: 130,250 28,095
Operating profit(or loss): 8,227 717
Profit(or loss) before tax: 8,227 717
Tax: ( 1,563 ) ( 136 )
Profit(or loss) for the financial year: 6,664 581

THE STORY PROJECT CIC

Balance sheet

As at 31 July 2024

Notes 2024 18 months to 31 July 2023


£

£
Fixed assets
Tangible assets: 3 7,883 0
Total fixed assets: 7,883 0
Current assets
Debtors: 4 3,804 0
Cash at bank and in hand: 8,147 3,712
Total current assets: 11,951 3,712
Creditors: amounts falling due within one year: 5 ( 10,603 ) ( 3,131 )
Net current assets (liabilities): 1,348 581
Total assets less current liabilities: 9,231 581
Provision for liabilities: ( 1,986 ) 0
Total net assets (liabilities): 7,245 581
Members' funds
Profit and loss account: 7,245 581
Total members' funds: 7,245 581

The notes form part of these financial statements

THE STORY PROJECT CIC

Balance sheet statements

For the year ending 31 July 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 21 January 2025
and signed on behalf of the board by:

Name: Olivia Richards
Status: Director

The notes form part of these financial statements

THE STORY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 July 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer Equipment - 3 Years - Straight Line

    Other accounting policies

    Provisions Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

THE STORY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 18 months to 31 July 2023
    Average number of employees during the period 1 0

THE STORY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 0 0
Additions 8,460 8,460
Disposals
Revaluations
Transfers
At 31 July 2024 8,460 8,460
Depreciation
At 1 August 2023 0 0
Charge for year 577 577
On disposals
Other adjustments
At 31 July 2024 577 577
Net book value
At 31 July 2024 7,883 7,883
At 31 July 2023 0 0

THE STORY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 18 months to 31 July 2023
£ £
Trade debtors 250 0
Prepayments and accrued income 2,528 0
Other debtors 1,026 0
Total 3,804 0

THE STORY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 18 months to 31 July 2023
£ £
Trade creditors 1,468 762
Taxation and social security 65 136
Accruals and deferred income 6,000 500
Other creditors 3,070 1,733
Total 10,603 3,131

COMMUNITY INTEREST ANNUAL REPORT

THE STORY PROJECT CIC

Company Number: 13899888 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. The Story Project CIC provides training and resources to teachers and other educators so they can use diverse, engaging and popular stories to support children’s wellbeing. We have provided our training for teachers and educators across the UK this year. This means that we have been able to provide resources that help to improve over 10,000 children’s wellbeing and literacy. We released our first external Impact Report with ImpactEd that established that The Story Project had a positive impact on children’s wellbeing.

Consultation with stakeholders

Our stakeholders are the teachers and educators who take part in our training and deliver our resources, and the children whose wellbeing and literacy we are working to improve. We regularly consult stakeholders through focus groups and surveys. This year we have changed some of our resources based on feedback from stakeholders, for example we have completely restructured our resources to make them easier for teachers to implement.

Directors' remuneration

The gross salary for director was £46,226.86.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
3 January 2025

And signed on behalf of the board by:
Name: Olivia Richards
Status: Director