KIDS FESTIVAL COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
11446046 (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

KIDS FESTIVAL COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

KIDS FESTIVAL COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets:   0
Total fixed assets: 0
Current assets
Debtors: 3 2,500 2,050
Cash at bank and in hand: 7,000 6,608
Total current assets: 9,500 8,658
Net current assets (liabilities): 9,500 8,658
Total assets less current liabilities: 9,500 8,658
Total net assets (liabilities): 9,500 8,658
Members' funds
Profit and loss account: 9,500 8,658
Total members' funds: 9,500 8,658

The notes form part of these financial statements

KIDS FESTIVAL COMMUNITY INTEREST COMPANY

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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 31 March 2025
and signed on behalf of the board by:

Name: Tochi Balogun
Status: Director

The notes form part of these financial statements

KIDS FESTIVAL COMMUNITY INTEREST COMPANY

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 represents income received from grants, donations, and service delivery activities during the year, excluding VAT. Income is recognised when there is entitlement to the funds, the amount can be measured reliably, and it is probable that the funds will be received.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets over their expected useful lives as follows: Fixtures and fittings – 25% straight line Equipment – 33% straight line Computers – 33% straight line

KIDS FESTIVAL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

KIDS FESTIVAL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Debtors

2024 2023
£ £
Trade debtors 1,200 1,000
Prepayments and accrued income 300 250
Other debtors 1,000 800
Total 2,500 2,050

COMMUNITY INTEREST ANNUAL REPORT

KIDS FESTIVAL COMMUNITY INTEREST COMPANY

Company Number: 11446046 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Over the financial year 2024/25, the company has delivered a range of targeted programmes and community-focused projects that have significantly benefited children, young people, and families across the borough. Key Activities: Holiday Programmes: Delivered enriching activities and healthy meals during school holidays, supporting children who may otherwise face food insecurity or social isolation. Nourish & Flourish Project: Provided nutritious meals, cooking workshops, and food education to support healthy lifestyles and tackle food poverty weekly. Community Events: Hosted seasonal festivals that were free and inclusive, fostering social connections, creativity, and wellbeing. Youth Participation: Enabled young people to co-design and lead aspects of the programme, promoting leadership, confidence, and skill development. Community Benefit: Reduced Inequality: Prioritised access for children from low-income families and, ensuring equal participation opportunities. Enhanced Wellbeing: Families reported increased social connection, mental wellbeing, and opportunities for positive engagement. Support for Local Economy: Partnered with local vendors and community organisations, boosting local employment and collaboration. Education & Development: Activities complemented formal education by offering informal learning, arts, and life skills training. Overall, the company’s work has addressed immediate community needs while also investing in long-term wellbeing and resilience for families.

Consultation with stakeholders

We have actively engaged with a wide range of stakeholders over the financial year to ensure our activities reflect community needs and deliver meaningful impact. Stakeholders Consulted include: Children and Young People – the primary beneficiaries of our programmes. Parents and Carers – who support participation and provide valuable feedback on the needs of families. Local Schools and Teachers – who refer pupils and share insights on pupil needs. Community Organisations and Faith Groups – our delivery partners who bring local knowledge and networks. Local Authority Teams – including public health colleagues, early help, and safeguarding professionals. Volunteers and Youth Leaders – who help shape delivery and share frontline perspectives. Methods of Consultation: Surveys and Feedback Forms: Distributed after events and programmes to gather feedback from children, parents, and staff. Focus Groups and Workshops: Facilitated small-group discussions with young people and families to explore their views in depth. Regular Partner Meetings: Held with schools, local organisations, and the council to assess delivery, challenges, and community needs. Observation and Informal Feedback: Captured by staff and volunteers throughout delivery. Actions Taken in Response: Programme Adjustments: Based on feedback, we extended programme hours and added more group sessions to improve accessibility. Food Offer Improvements: Responding to parent and child feedback, we introduced more culturally inclusive and nutritious meal options. Youth-Led Projects: Created opportunities for young people to co-design parts of the summer and winter programmes. Partnership Growth: Expanded delivery sites in response to school and community feedback calling for more local access points. These consultations ensured we remained accountable and responsive to community voices, helping us design inclusive, high-impact programmes that reflect the lived experience of our 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
31 March 2025

And signed on behalf of the board by:
Name: Tochi Balogun
Status: Director