MARVELLOUS FABULOUS PROJECTS CIC

Company limited by guarantee

Company Registration Number:
14085561 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

MARVELLOUS FABULOUS PROJECTS CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

MARVELLOUS FABULOUS PROJECTS CIC

Directors' report period ended 31 May 2024

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

Directors

The director shown below has held office during the whole of the period from
1 June 2023 to 31 May 2024

Jane Louise Moody


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
28 February 2025

And signed on behalf of the board by:
Name: Jane Louise Moody
Status: Director

MARVELLOUS FABULOUS PROJECTS CIC

Profit And Loss Account

for the Period Ended 31 May 2024

2024 13 months to 31 May 2023


£

£
Turnover: 7,373 3,379
Cost of sales: ( 6,845 ) ( 3,548 )
Gross profit(or loss): 528 (169)
Administrative expenses: ( 992 ) ( 1,347 )
Operating profit(or loss): (464) (1,516)
Profit(or loss) before tax: (464) (1,516)
Tax: 265
Profit(or loss) for the financial year: (464) (1,251)

MARVELLOUS FABULOUS PROJECTS CIC

Balance sheet

As at 31 May 2024

Notes 2024 13 months to 31 May 2023


£

£
Current assets
Debtors: 3 261 265
Cash at bank and in hand: 167
Total current assets: 428 265
Creditors: amounts falling due within one year: 4 ( 2,143 ) ( 1,516 )
Net current assets (liabilities): (1,715) (1,251)
Total assets less current liabilities: (1,715) ( 1,251)
Total net assets (liabilities): (1,715) (1,251)
Members' funds
Profit and loss account: (1,715) ( 1,251)
Total members' funds: ( 1,715) (1,251)

The notes form part of these financial statements

MARVELLOUS FABULOUS PROJECTS CIC

Balance sheet statements

For the year ending 31 May 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 28 February 2025
and signed on behalf of the board by:

Name: Jane Louise Moody
Status: Director

The notes form part of these financial statements

MARVELLOUS FABULOUS PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

    The total turnover of the company for the period 1st June 2023 to 31st May 2024 is measured at fair value of the consideration received or receivable in the ordinary course of the business.

    Other accounting policies

    Going Concern At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors have adopted the going concern basis of accounting in preparing the financial statements.

MARVELLOUS FABULOUS PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 13 months to 31 May 2023
    Average number of employees during the period 1 1

MARVELLOUS FABULOUS PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Debtors

2024 13 months to 31 May 2023
£ £
Trade debtors 261
Other debtors 265
Total 261 265

MARVELLOUS FABULOUS PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024 13 months to 31 May 2023
£ £
Other creditors 2,143 1,516
Total 2,143 1,516

COMMUNITY INTEREST ANNUAL REPORT

MARVELLOUS FABULOUS PROJECTS CIC

Company Number: 14085561 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Between 1st June 2023 and 31st May 2024, I have continued to actively support The Lark Network in their monthly networking groups. These groups support female (and those that identify as female) entrepreneurs in our community who are in the start-up stages of their businesses. In addition to the monthly networking groups, we were awarded a small amount of funding to create ‘Lark Lunch Break’, a monthly opportunity for women entrepreneurs to have lunch together. As most women running their own business or social enterprise work from home, in isolation or on a very low budget, the Lark Lunch Break continues the group’s ethos of community within business. We have also provided skill workshops, including Canva and Creative Writing to support any business specific skill gaps that women may feel that they need additional support with or just confidence building. I have continued my work with Pamodzi Creatives CIC and have continued to project manage the projects that seek to inspire the young people in Portsmouth. The #WhoInspiresYou funding rolled over into the year ‘24 and the final phase of that was project managing the creation of a children’s book in collaboration with a local Organisation called Unloc. Unloc offers opportunities to young people to broaden their horizons. skills/business/entrepreneur-ness and their potential to be change makers. Alongside selected young women, we facilitated and supported the book researching and writing process in it’s entirety with a view to gifting the completed books to Primary schools to encourage and promote the stories of inspirational women from Portsmouth. In addition to this, I supported the preparation and delivery of the Inspirational Women of Portsmouth Awards 2024 event held in March 2024. Additionally, I have been Group Facilitator for Creatful CIC, specifically, Creatful Buckland. Creatful was awarded funding to continue an existing group in Portsmouth that provides a safe space of wellbeing, mindfulness and community via skill-accessable craft activities. The group is free-of-charge, no requirement to book-on and is held at the same time and venue each week. The group provides support to a wide spectrum of vulnerable women. Attendees of the group have challenges that include, depression, anxiety, mental health issues, physical health challenges and grief to name a few. Whilst the group is not designed to provide any type of certified therapy, the craft activities are therapeutic by nature. We arrange a different Art Facilitator each week and the women can participate as much or as little as they want or are able to.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The director received £6,845 as remuneration during the period 1st June 2023 to 31st May 2024.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 February 2025

And signed on behalf of the board by:
Name: Jane Moody
Status: Director