THINKFOUND DEVELOPMENT CIC

Company limited by guarantee

Company Registration Number:
14832163 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 27 April 2023

End date: 30 April 2024

THINKFOUND DEVELOPMENT CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

THINKFOUND DEVELOPMENT CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024


£
Turnover: 30,960
Cost of sales: ( 30,960 )
Gross profit(or loss): 0
Operating profit(or loss): 0
Profit(or loss) before tax: 0
Profit(or loss) for the financial year: 0

THINKFOUND DEVELOPMENT CIC

Balance sheet

As at 30 April 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

THINKFOUND DEVELOPMENT 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 20 December 2024
and signed on behalf of the board by:

Name: Chris Barrett
Status: Director

The notes form part of these financial statements

THINKFOUND DEVELOPMENT 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 Financial Reporting Standard 101

THINKFOUND DEVELOPMENT CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

THINKFOUND DEVELOPMENT CIC

Company Number: 14832163 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The company runs training programmes for those needing help with employment and training. We do this via making items for clients from sustainable materials. During the financial year our activities have benefited the community in the following ways: Educated 48 participants about circular economies, reducing waste and by learning how they too can reduce their carbon impact. Diverted 64tons of timber from the waste stream by reusing materials to improve the environment. Offered practical training and skills development courses with hands on learning which helped mantel health. 464 hrs. Created work experience and employment opportunities to afford our service user experiences and opportunities they wouldn’t normally bee able to access. 12,920 hrs.

Consultation with stakeholders

The company’s stakeholders are 18-25 year old residence of East London needing help into employment and training. We survey our stakeholders with questionnaires. We created impact reports summaries to stakeholders for a variety of council and corporate departments too. We ask everyone using our service for the first time to fill in a short questionnaire within their workbook. We also conduct feedback research in order to enable us to cater for the local need. We also consult with the creative and construction industry. We have social media and other online outlets we use to assist us in working with local need as well as face to face sessions.

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 December 2024

And signed on behalf of the board by:
Name: Chris Barrett
Status: Director