SHE INSPIRES FOUNDATION C.I.C.

Company limited by guarantee

Company Registration Number:
12098877 (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

SHE INSPIRES FOUNDATION C.I.C.

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

SHE INSPIRES FOUNDATION C.I.C.

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

Principal activities of the company

The company's principal activity during the year continued to be that of supporting and campaigning for victims of domestic abuse.



Directors

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

Mr R R C Hanks
Ms R Desai
Mrs G Brennan


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
10 February 2025

And signed on behalf of the board by:
Name: Mr R R C Hanks
Status: Director

SHE INSPIRES FOUNDATION C.I.C.

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 10,351 24,900
Cost of sales: ( 6,188 ) ( 20,472 )
Gross profit(or loss): 4,163 4,428
Administrative expenses: ( 4,990 ) ( 4,428 )
Operating profit(or loss): (827) 0
Profit(or loss) before tax: (827) 0
Profit(or loss) for the financial year: (827) 0

SHE INSPIRES FOUNDATION C.I.C.

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 5,032 634
Total current assets: 5,032 634
Creditors: amounts falling due within one year: 3 ( 6,109 ) ( 884 )
Net current assets (liabilities): (1,077) (250)
Total assets less current liabilities: (1,077) ( 250)
Total net assets (liabilities): (1,077) (250)
Members' funds
Profit and loss account: (1,077) ( 250)
Total members' funds: ( 1,077) (250)

The notes form part of these financial statements

SHE INSPIRES FOUNDATION C.I.C.

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 10 February 2025
and signed on behalf of the board by:

Name: Mr R R C Hanks
Status: Director

The notes form part of these financial statements

SHE INSPIRES FOUNDATION C.I.C.

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 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

SHE INSPIRES FOUNDATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

SHE INSPIRES FOUNDATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 6,109 884
Total 6,109 884

COMMUNITY INTEREST ANNUAL REPORT

SHE INSPIRES FOUNDATION C.I.C.

Company Number: 12098877 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Supported by a small grant we received from the Aviva Community Fund (£10,000) the C.I.C. continued to support women and girls who had become survivors of domestic abuse. The main project created an opportunity for vulnerable women and girls to benefit from our financial literacy programme. This included both live events and meetings on Zoom, using experts from a wide field of financial and legal expertise with experience of particular benefit to those who were in or leaving abusive relationships. Additionally, through web posts and social media, we continued to support the United Nation’s Secretary General’s campaign to ‘Orange The World’ to stop violence against women and girls by 2030. It is the Foundation’s policy to extend the UN’s 16 days of activism each year to 365 days, and we have awarded a number of Orange Champion awards in order to build up a volunteer force to sustain our efforts over the coming years.

Consultation with stakeholders

Our stakeholders this year included the University of Bolton, Bolton College, Bolton School, Kildonan House, She Inspires Limited and Willowrange. We have also added a financial advisory group to the CIC as financial literacy is becoming a key area of needed support. We have consulted with these stakeholders throughout the year to assess the ongoing role for our C.I.C. which was likely to both receive traction and fill a gap in the sector

Directors' remuneration

Total Directors’ Remuneration for year was £3,300 (£1,650 gross to G.Brennan, £1,650 gross to R.Hanks by invoice). There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require 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
10 September 2024

And signed on behalf of the board by:
Name: Mr R Hanks
Status: Director