PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

Company limited by guarantee

Company Registration Number:
11672475 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

The company's principal activity continues to be that of running the Praxis online course and producing the Hopeful Activists' Podcast.



Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Richard Gower
Jan De Villiers
Abigail Thomas
Sue Willsher
Beth Saunders


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: Richard Gower
Status: Director

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 10,985 8,509
Cost of sales: ( 10,420 ) ( 10,635 )
Gross profit(or loss): 565 (2,126)
Administrative expenses: ( 1,336 ) ( 1,053 )
Operating profit(or loss): (771) (3,179)
Interest receivable and similar income: 8
Interest payable and similar charges: ( 88 ) ( 135 )
Profit(or loss) before tax: (851) (3,314)
Tax: 230
Profit(or loss) for the financial year: (851) (3,084)

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Stocks: 3 495
Debtors: 4 1,100 1,980
Cash at bank and in hand: 1,069 3,889
Total current assets: 2,664 5,869
Creditors: amounts falling due within one year: 5 ( 2,308 ) ( 4,662 )
Net current assets (liabilities): 356 1,207
Total assets less current liabilities: 356 1,207
Creditors: amounts falling due after more than one year: 6 ( 1,500 ) ( 1,500 )
Total net assets (liabilities): (1,144) (293)
Members' funds
Profit and loss account: (1,144) ( 293)
Total members' funds: ( 1,144) (293)

The notes form part of these financial statements

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

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 20 January 2025
and signed on behalf of the board by:

Name: Richard Gower
Status: Director

The notes form part of these financial statements

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. Other grants Revenue from grants is accounted for when the organisation has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability. Grants given for a specific purpose are deferred where the expenditure falls into a later accounting period.

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Stocks

2024 2023
£ £
Stocks 495
Total 495

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 1,100 1,750
Other debtors 230
Total 1,100 1,980

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 2,308 4,662
Total 2,308 4,662

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

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

2024 2023
£ £
Other creditors 1,500 1,500
Total 1,500 1,500

The loan agreement stipulates that the loan is to be repaid from royalties received by the Company following publication of the book 'The Hopeful Activist', and that if insufficient royalties are received, the remainder of the loan will be cancelled.

COMMUNITY INTEREST ANNUAL REPORT

PRAXIS: THE CENTRE FOR HOPE AND ACTIVISM C.I.C.

Company Number: 11672475 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

We produced 16 episodes of the Hopeful Activists’ Podcast, designed to inspire and equip people to address injustice in their communities, and received thousands of podcast downloads. We planned and ran our Praxis Labs 2 online course, aimed at existing activists and community organisers, to help them make their campaigning or community work more effective, and also avoid burning out. We established and supported ‘activist circles’ for those who attended our Praxis Labs course (these function as peer support groups). We also finished writing our book, ‘The Hopeful Activist’, which condenses much of the wisdom gained through interviewing activists for our podcast, and through running our Labs courses. The book was released in May 2024. All activities are aimed at those of Christian faith, and are designed to benefit the wider community by encouraging activism, campaigning and social action to alleviate poverty. We know of several new initiatives and projects established as a result of our work.

Consultation with stakeholders

The company was established to provide benefit to those suffering poverty by encouraging activism, and to members of the Christian faith community, by increasing understanding of the importance of sustainable development and the relief of poverty in a holistic Christian theology. Our stakeholders are therefore very broad, and drawn from these two categories. We have consulted with stakeholders in three primary ways this year: 1.We conducted 1:1 interviews and consultations with a number of activists to inform our work writing our book, ‘The Hopeful Activist’. 2.We ask everyone who completes the Praxis online courses to complete a survey indicating how well the course met their needs, what they intend to do differently as a result, and suggestions for future improvement of the course. 3.Through the podcast interviews and related discussions, we have had in-depth conversations with existing Christian activists and those who previously experienced hardship, regarding the needs present in the UK, and the role of activists in seeking to address them. Our learning from these interviews is documented in the podcast.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £4,684. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which are required to be disclosed.

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: Richard Gower
Status: Director