HOPE STREET SOCIAL CIC

Company limited by guarantee

Company Registration Number:
14769875 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

HOPE STREET SOCIAL CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

HOPE STREET SOCIAL CIC

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Jessica Elizabeth Woolliscroft
Ann Lowe


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 April 2025

And signed on behalf of the board by:
Name: Jessica Elizabeth Woolliscroft
Status: Director

HOPE STREET SOCIAL CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 48,015 37,597
Cost of sales: ( 195 ) ( 933 )
Gross profit(or loss): 47,820 36,664
Administrative expenses: ( 51,523 ) ( 44,873 )
Other operating income: 3,561 8,165
Operating profit(or loss): (142) (44)
Interest payable and similar charges: ( 5 )
Profit(or loss) before tax: (142) (49)
Tax: 10 29
Profit(or loss) for the financial year: (132) (20)

HOPE STREET SOCIAL CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Creditors: amounts falling due within one year: 3 ( 152 ) ( 2,059 )
Net current assets (liabilities): (152) (20)
Total assets less current liabilities: (152) ( 20)
Total net assets (liabilities): (152) (20)
Members' funds
Profit and loss account: (152) ( 20)
Total members' funds: ( 152) (20)

The notes form part of these financial statements

HOPE STREET SOCIAL CIC

Balance sheet statements

For the year ending 31 March 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 28 April 2025
and signed on behalf of the board by:

Name: Jessica Elizabeth Woolliscroft
Status: Director

The notes form part of these financial statements

HOPE STREET SOCIAL CIC

Notes to the Financial Statements

for the Period Ended 31 March 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 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 is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

HOPE STREET SOCIAL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 2 2

HOPE STREET SOCIAL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 152
Other creditors 2,059
Total 152 2,059

COMMUNITY INTEREST ANNUAL REPORT

HOPE STREET SOCIAL CIC

Company Number: 14769875 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Ukrainian Circle of Resource – fortnightly support group on a Friday evening for up to 20 adults and your people living in the UK due to the conflict in Ukraine – since setting up the CIC in March 2023 we have ran 19 of these sessions. Mentoring for ASD/ADHD – so far 39 hours of free mentoring have been offered to people recently diagnosed with ADHD or autism. Monthly Social Club – Since setting up the CIC we have ran 12 workshops with monthly themes and meetings booked for the remainder of this year.

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
28 April 2025

And signed on behalf of the board by:
Name: Jessica Woolliscroft
Status: Director