POSSIBLE PATHWAYS C.I.C.

Company limited by guarantee

Company Registration Number:
13575646 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

POSSIBLE PATHWAYS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

POSSIBLE PATHWAYS C.I.C.

Directors' report period ended 31 August 2024

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

Principal activities of the company

The company's principal activity during the period was facilitating a mentorship scheme for people in Neath Port Talbot.

Political and charitable donations

No political or charitable donations were made.



Directors

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

Emily Adams
Danielle Hanbury
Sofia Lewis
Callum McGinty
Tofazzal Rashid
Poppy Wright


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
23 April 2025

And signed on behalf of the board by:
Name: Emily Adams
Status: Director

POSSIBLE PATHWAYS C.I.C.

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 289 ) ( 131 )
Other operating income: 0 0
Operating profit(or loss): (289) (131)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (289) (131)
Tax: ( 2 ) 0
Profit(or loss) for the financial year: (291) (131)

POSSIBLE PATHWAYS C.I.C.

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 745 884
Total current assets: 745 884
Net current assets (liabilities): 745 884
Total assets less current liabilities: 745 884
Accruals and deferred income: ( 152 ) 0
Total net assets (liabilities): 593 884
Members' funds
Profit and loss account: 593 884
Total members' funds: 593 884

The notes form part of these financial statements

POSSIBLE PATHWAYS C.I.C.

Balance sheet statements

For the year ending 31 August 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 23 April 2025
and signed on behalf of the board by:

Name: Sofia Lewis
Status: Director

The notes form part of these financial statements

POSSIBLE PATHWAYS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 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

POSSIBLE PATHWAYS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

POSSIBLE PATHWAYS C.I.C.

Company Number: 13575646 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Possible Pathways continues to work towards our mission of empowering young people from underrepresented backgrounds within Neath Port Talbot to access and thrive in historically elitist sectors. Since our incorporation, we have focused on building our infrastructure, connecting with the local community, and getting to know our stakeholders. Over the past financial year (2023–2024), our activities have focused on mentoring specifically: Mentoring Programme Launched: We successfully launched our formal mentoring scheme, pairing two mentees with hand-picked, experienced mentors. Throughout the programme, mentees reported increased confidence in their professional skills and career prospects. We undertook regular evaluations of the scheme's effectiveness, with the aim of using feedback from both mentors and mentees to refine our approach and ensure we are meeting community needs in future. Strengthened Community Ties: We have continued to embed ourselves within the local landscape by building relationships with future mentors, as well as community groups. These relationships are vital to the sustainability of our programs and ensure we remain rooted in the lived experiences of those we aim to serve. We used this year to build up a database of future mentors, and continued to be open to hearing from potential mentees. Ongoing Community Engagement: In addition to our mentoring activities, our directors remained active in providing informal support through social media and personal networks, responding to queries on topics such as sector-specific career paths and university applications. This responsive engagement helps us stay attuned to the evolving needs of our community. Volunteer Engagement: We continue to provide meaningful opportunities for local people to get involved in our work. Our volunteer network includes both mentors and those supporting our operational and outreach activities, contributing to a shared commitment to social mobility and equity. We are proud of the foundations laid this year and are looking forward to scaling our impact further in 2024 and beyond. We will continue to focus on mentoring, as well as skills development, and paid opportunities.

Consultation with stakeholders

Having laid the foundations of our business plan last year, we have communicated in depth with local educational institutions to understand further the needs of the people we intend to serve. We have also been in frequent contact with local community groups to extend our network and find opportunities for shared working and best practise.

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
23 April 2025

And signed on behalf of the board by:
Name: Sofia Lewis
Status: Director