STIMUL8 C.I.C.

Company limited by guarantee

Company Registration Number:
10960268 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

STIMUL8 C.I.C.

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

STIMUL8 C.I.C.

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£
£
Turnover: 37,052 26,499
Cost of sales: ( 40,474 ) ( 38,700 )
Gross profit(or loss): (3,422) (12,201)
Administrative expenses: ( 23,243 ) ( 24,217 )
Other operating income: 20
Operating profit(or loss): (26,645) (36,418)
Profit(or loss) before tax: (26,645) (36,418)
Profit(or loss) for the financial year: (26,645) (36,418)

STIMUL8 C.I.C.

Balance sheet

As at 30 September 2024

Notes 2024 2023


£
£
Fixed assets
Tangible assets: 3 529 706
Total fixed assets: 529 706
Current assets
Cash at bank and in hand: 1,296 12,937
Total current assets: 1,296 12,937
Creditors: amounts falling due within one year: 4 ( 64,016 ) ( 49,419 )
Net current assets (liabilities): (62,720) (36,482)
Total assets less current liabilities: (62,191) ( 35,776)
Accruals and deferred income: ( 866 ) ( 636 )
Total net assets (liabilities): (63,057) (36,412)
Members' funds
Profit and loss account: (63,057) ( 36,412)
Total members' funds: ( 63,057) (36,412)

The notes form part of these financial statements

STIMUL8 C.I.C.

Balance sheet statements

For the year ending 30 September 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 3 April 2025
and signed on behalf of the board by:

Name: Ruth Thompson
Status: Director

The notes form part of these financial statements

STIMUL8 C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 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

STIMUL8 C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 7 7

STIMUL8 C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 706 706
Additions
Disposals
Revaluations
Transfers
At 30 September 2024 706 706
Depreciation
At 1 October 2023 0 0
Charge for year 177 177
On disposals
Other adjustments
At 30 September 2024 177 177
Net book value
At 30 September 2024 529 529
At 30 September 2023 706 706

STIMUL8 C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 96
Other creditors 64,016 49,323
Total 64,016 49,419

COMMUNITY INTEREST ANNUAL REPORT

STIMUL8 C.I.C.

Company Number: 10960268 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Stimul8 has provided autistic and disabled young people with work placements to gain experience for future employment.

Consultation with stakeholders

No consultation with stakeholders

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
3 April 2025

And signed on behalf of the board by:
Name: Ruth Thompson
Status: Director