EDSHIFT CIC

Company limited by guarantee

Company Registration Number:
11969984 (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

EDSHIFT CIC

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

EDSHIFT CIC

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 principal activity of the company during the year under review was Educational support services and Support activities to performing arts.

Additional information

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.



Directors

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

Nina Marie THOMAS
Stacey Adelle BARTON
Kate Carmella ADAMSON


Secretary Nina Marie THOMAS

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
29 January 2025

And signed on behalf of the board by:
Name: Nina Marie THOMAS
Status: Secretary

EDSHIFT CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 1,409
Cost of sales: ( 2,364 ) ( 4,302 )
Gross profit(or loss): (955) (4,302)
Distribution costs: ( 16,832 ) ( 5,083 )
Administrative expenses: ( 161,951 ) ( 73,075 )
Other operating income: 181,844 85,792
Operating profit(or loss): 2,106 3,332
Profit(or loss) before tax: 2,106 3,332
Tax: ( 258 )
Profit(or loss) for the financial year: 1,848 3,332

EDSHIFT CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,746 1,283
Total fixed assets: 1,746 1,283
Current assets
Debtors: 4 5,960 15,094
Cash at bank and in hand: 46,671 13,990
Total current assets: 52,631 29,084
Creditors: amounts falling due within one year: 5 ( 41,261 ) ( 19,099 )
Net current assets (liabilities): 11,370 9,985
Total assets less current liabilities: 13,116 11,268
Total net assets (liabilities): 13,116 11,268
Members' funds
Profit and loss account: 13,116 11,268
Total members' funds: 13,116 11,268

The notes form part of these financial statements

EDSHIFT 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 29 January 2025
and signed on behalf of the board by:

Name: Nina Marie THOMAS
Status: Director

The notes form part of these financial statements

EDSHIFT 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 Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: -the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; -the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; -the amount of revenue can be measured reliably; -it is probable that the economic benefits associated with the transaction will flow to the Company; and -the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

    Tangible fixed assets depreciation policy

    Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life: Furniture, fittings and equipment 30% Straightline

    Other accounting policies

    Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Defined contribution pensions The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

EDSHIFT CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 4

EDSHIFT CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 2,109 2,109
Additions 1,177 1,177
Disposals
Revaluations
Transfers
At 30 April 2024 3,286 3,286
Depreciation
At 1 May 2023 826 826
Charge for year 714 714
On disposals
Other adjustments
At 30 April 2024 1,540 1,540
Net book value
At 30 April 2024 1,746 1,746
At 30 April 2023 1,283 1,283

EDSHIFT CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
£ £
Trade debtors 710
Other debtors 5,250 15,094
Total 5,960 15,094

EDSHIFT CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 4,732 1,111
Accruals and deferred income 36,397 16,924
Other creditors 132 1,064
Total 41,261 19,099

COMMUNITY INTEREST ANNUAL REPORT

EDSHIFT CIC

Company Number: 11969984 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

EdShift's mission is to empower children and young people affected by domestic abuse and sexual violence through the arts. Over the past year, we have worked tirelessly to provide a safe space for young people to grow, develop, and heal. Our core activities have focused on: -Providing arts-based support programs for children and young people -Delivering specialist Arts Psychotherapy to support healing and recovery -Collaborating with schools, partners, and the wider community to prevent domestic abuse and sexual violence -Empowering young people with the knowledge and skills to navigate challenges and make informed choices We have also developed strategic partnerships with local arts organisations, such as Everybody Arts and Ignite Creativity, to increase our visibility and reach. Key Achievements: -Supported 375 children and young people through our diverse range of support pro-grammes and creative initiatives -Reached a total of 1039 people since the inception of EdShift@The YouthBase -Developed a tiered pathway of support to cater to the diverse needs of children and young people -Launched new services, including, Little Nests Group Art Therapy, BraveBox, and In Touch Peer Support Impact: Our efforts have resulted in: -Increased face-to-face engagement with parents, carers, and professionals, lead-ing to enhanced partnership working and collaborations with partner agencies -Improved access to quality arts-based provision for children and young people -Enhanced our presence in the community, making it easier for children and fami-lies to locate us Financial Performance: We have received crucial funding from The National Lottery Community Fund and have pursued various fundraising avenues, including GoFundMe and Local Giving campaigns, events, and corporate partnerships. We have raised £2000 to contribute to our BraveBox Initiative and a further £2500 by participating in Tough Mudder. Strategy for Next Year: We aim to continue expanding our services, developing new training programmes, and diversifying our revenue streams. We will also seek accreditation for our training programs and strengthen our partnerships with like-minded organizations.

Consultation with stakeholders

We recognize the importance of consulting with our stakeholders, including chil-dren, parents, and the wider community, to ensure that our services meet their needs and expectations. Stakeholders: -Children and young people who access our services -Parents and carers of children who access our services -Safe parents and survivors of domestic abuse -Local community members and organisations -Partners and funders, including The National Lottery Community Fund -Holly Lynch MP, the VRP and CAMHS Consultation Methods: -Regular feedback sessions with parents and children -Displaying feedback and responses on our Youth Insights wall and Wonder Wall -Conducting reviews and final sessions with parents to gather feedback and improve services -Consulting with safe parents and survivors of domestic abuse to inform our ser-vices -Monitoring referrals and feedback from areas of multiple deprivation Action taken in response to feedback: -Developed The Nest Art Therapy in response to feedback from survivors that chil-dren's needs go beyond safety planning and healthy relationship education -Designed a leaflet to explain what might take place in sessions and shared with parents at assessment meetings to maintain child confidentiality -Adapted our reception area into a warm, safe, sensory space to provide a welcoming environment for parents and children -Refined our referral process to amplify the voice of children and non-abusing par-ents, giving them autonomy over their support -Provided travel expenses and refreshments to support access to our services for families affected by the cost-of-living crisis Outcome of Consultation: Our consultation efforts have resulted in: -Improved services that respond to the needs of children and families -Increased accessibility and inclusivity of our services -Enhanced reputation and trust in the community -Stronger partnerships with stakeholders and funders By prioritising stakeholder consultation and feedback, we are able to continuously improve and adapt our services to meet the evolving needs of our community.

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
29 January 2025

And signed on behalf of the board by:
Name: Nina Marie THOMAS
Status: Director