THE VALE RAWLINGS PROJECT CIC

Company limited by guarantee

Company Registration Number:
15519551 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 24 February 2024

End date: 28 February 2025

THE VALE RAWLINGS PROJECT CIC

Contents of the Financial Statements

for the Period Ended 28 February 2025

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

THE VALE RAWLINGS PROJECT CIC

Directors' report period ended 28 February 2025

The directors present their report with the financial statements of the company for the period ended 28 February 2025

Principal activities of the company

Cultural education and performing arts



Directors

The directors shown below have held office during the whole of the period from
24 February 2024 to 28 February 2025

Elaine Pritchard
William Walker


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
17 April 2025

And signed on behalf of the board by:
Name: Elaine Pritchard
Status: Director

THE VALE RAWLINGS PROJECT CIC

Profit And Loss Account

for the Period Ended 28 February 2025

2025


£
Turnover: 2,511
Cost of sales: ( 1,669 )
Gross profit(or loss): 842
Administrative expenses: ( 3,834 )
Other operating income: 2,686
Operating profit(or loss): (306)
Profit(or loss) before tax: (306)
Profit(or loss) for the financial year: (306)

THE VALE RAWLINGS PROJECT CIC

Balance sheet

As at 28 February 2025

Notes 2025


£
Current assets
Cash at bank and in hand: 294
Total current assets: 294
Net current assets (liabilities): 294
Total assets less current liabilities: 294
Accruals and deferred income: ( 600 )
Total net assets (liabilities): (306)
Members' funds
Profit and loss account: (306)
Total members' funds: ( 306)

The notes form part of these financial statements

THE VALE RAWLINGS PROJECT CIC

Balance sheet statements

For the year ending 28 February 2025 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 17 April 2025
and signed on behalf of the board by:

Name: Elaine Pritchard
Status: Director

The notes form part of these financial statements

THE VALE RAWLINGS PROJECT CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 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.

    Other accounting policies

    The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland as applied to small entities by section 1A of the standard. The accounts have been prepared on a going concern basis due to the continued support of the company directors. Short term debtors are measured at transaction price which is usually the invoice price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Short term creditors are measured at transaction price which is usually the invoice price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. Provisions ie liabilities of uncertain timing or amount are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

THE VALE RAWLINGS PROJECT CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    2025
    Average number of employees during the period 2

COMMUNITY INTEREST ANNUAL REPORT

THE VALE RAWLINGS PROJECT CIC

Company Number: 15519551 (England and Wales)

Year Ending: 28 February 2025

Company activities and impact

CIC Director Elaine Pritchard wrote a play called Strikers about the life of Vale Rawlings and assembled a cast of 29 local people to perform it for a one-off night at Burton Town Hall on Friday December 6 2024. Some of these actors were performing on stage for the first time while others were members of local community theatre groups. They said they found the experience of performing the play in a venue where Vale himself stood and spoke 110 years ago moving, empowering and confidence-building. All profits from the night were donated to the two charities this CIC supports. YMCA Burton Charity no. 1077798 and SARAC Charity no.1180902 each received £1,178.60. Local people who bought tickets for the show were moved and entertained by the show. It was a true, local story they did not know and their positive feedback has appeared on our website https://www.forgottenburtonstories.co.uk/post/strikers-is-a-hit as well as our Facebook Page https://www.facebook.com/ForgottenBurtonStories Our publicity about the show and our engagement with the local community led to East Staffordshire Borough Council proposing that a room that is open to the public at Burton Town Hall should be renamed The Vale Rawlings Room. This was unanimously agreed by every councillor across all political parties at the December 2024 full council meeting. A nameplate is now on the door of this room. Two talks were given to local history groups in 2024 one in Burton and one in Derby and more are planned for 2025. This activity is creating interest in Burton’s local history and heritage and generating civic pride. Any speaker’s fees are also donated to the CIC and all profits will continue to go to the two charities. In 2025 Elaine is working on the manuscript of a non-fiction book about Vale’s life and times. This will also include general local history of Burton 1887-1940. All profits will go to the two charities.

Consultation with stakeholders

The CIC’s stakeholders are the general public of Burton-on-Trent and the surrounding area, the local people who appeared in Strikers, the organisations who have donated to the costs of staging the play, the descendants of Vale Rawlings and the charities we donate all profits to. We have networked extensively to raise awareness of Vale’s story and the charities we fundraise for. The two charities we chose are ones that reflect the values that Vale lived his life by. He strove to help working men and women improve their lives and supported vulnerable teenage girls working at a Burton factory in 1914 who did unpleasant jobs with toxic substances for very low wages. We have attended business networking meetings Uttoxeter Business Network and Business Focus Burton to raise awareness and support from small, local businesses. We ran a launch event at The Brewhouse Arts Centre in May 2024 to which businesses, charities, community groups, local councillors and local arts organisations were invited. The two charities we support also spoke there. All our networking and other promotional activities amplify the messages of the two charities, YMCA Burton and SARAC, and gives them an additional platform to raise awareness of their work locally. We were invited to join the Support Staffordshire organisation which allows us to network and collaborate with other organisations and charities that work to bring about positive change in our community https://supportstaffordshire.org.uk/ Directors Elaine Pritchard and Will Walker have made three separate appearances on our local community radio station Burton radio during 2024 talking about Vale and the project. Elaine issued a general call-out for people interested in volunteering to appear in Strikers and everyone who wanted to be in it was given a role. This blend of experienced local, amateur performers and people with no previous performing experience made it an inclusive and heart-warming evening. Elaine chose to perform the play as a rehearsed reading, allowing people to avoid the stress of learning lines by heart and having space to think about the words they were saying and the story they were telling. It also allowed them to be part of this project alongside other work and home commitments, which was important to many of them with busy lives. Our website and Facebook pages see URLS in Part 1 answer allow us to engage with local people and take their thoughts and feelings on board. We also have a BlueSky account at https://bsky.app/profile/valerawlings.bsky.social Elaine made extensive appeals on community radio and online and researched through the Ancestry platform and networked through the local community to trace descendants of Vale Rawlings at the start of 2024. It was important to us that they were happy with what we were doing. We are in regular contact with many grandchildren and great grandchildren. Many came to the May launch. They are fully supportive of the project and delighted that their ancestor is being remembered and recognised in his home town. They have helped with their memories, and by giving us access to family photos and documents.

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
17 April 2025

And signed on behalf of the board by:
Name: Elaine Pritchard
Status: Director