MODELS FOR HEROES C.I.C.

Company limited by guarantee

Company Registration Number:
10855739 (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

MODELS FOR HEROES C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

MODELS FOR HEROES C.I.C.

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 47,124 61,156
Cost of sales: ( 1,536 ) ( 4,040 )
Gross profit(or loss): 45,588 57,116
Administrative expenses: ( 47,384 ) ( 58,882 )
Operating profit(or loss): (1,796) (1,766)
Profit(or loss) before tax: (1,796) (1,766)
Tax: 166
Profit(or loss) for the financial year: (1,630) (1,766)

MODELS FOR HEROES C.I.C.

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Current assets
Stocks: 3 18,540 16,220
Debtors: 4 447 289
Cash at bank and in hand: 14,276 18,384
Total current assets: 33,263 34,893
Net current assets (liabilities): 33,263 34,893
Total assets less current liabilities: 33,263 34,893
Accruals and deferred income: ( 180 ) ( 180 )
Total net assets (liabilities): 33,083 34,713
Members' funds
Profit and loss account: 33,083 34,713
Total members' funds: 33,083 34,713

The notes form part of these financial statements

MODELS FOR HEROES C.I.C.

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.

This report was approved by the board of directors on 28 April 2025
and signed on behalf of the board by:

Name: M Childs
Status: Director

The notes form part of these financial statements

MODELS FOR HEROES C.I.C.

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

MODELS FOR HEROES C.I.C.

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

MODELS FOR HEROES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Stocks

2024 2023
£ £
Stocks 18,540 16,220
Total 18,540 16,220

MODELS FOR HEROES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
£ £
Other debtors 447 289
Total 447 289

COMMUNITY INTEREST ANNUAL REPORT

MODELS FOR HEROES C.I.C.

Company Number: 10855739 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Models For Heroes (M4H) provides model making material and tools to organisations which support veterans, armed services and emergency services personnel around the UK. Through model building, individuals are provided with an opportunity to engage in a positive diversion activity which is often associated with revisiting pastimes from positive childhood memories. Modelling can help an individual improve their mental health by developing new skills and fine motor control. Model making is a social hobby, which M4H facilitates through regular group activities, attendance at model shows, and online communities. During the financial year 2023-24, M4H dispatched over 1500 model kits, and supported model making sessions via a network of volunteers across the UK. M4H has a thriving online and in-person model building session network, delivering 100 hours of in-person sessions, and 30 hours of online sessions each month. Support workers are able to make referrals for potential beneficiaries to receive a model making starter box, and M4H are proud to have supported over 150 individual referrals via their scheme in 2023-24.

Consultation with stakeholders

The company’s stakeholders include the individual beneficiaries who attend model making sessions or receive referrals, professional support workers who refer their clients to Models For Heroes, host organisations who provide venues for model building sessions, and the volunteers who facilitate online and in-person modelling sessions. Models for Heroes received funding from St James’s Place Charitable Foundation and the Red Arrows Trust to support existing beneficiaries in the further development of their hobby. Through this grant scheme Models for Heroes was able to purchase approximately £2,500 of specialist equipment for beneficiaries during the 2023-24 financial year, including equipment such as magnifying glasses, specialist hand stabilising tools, and airbrushing spray booths. All recipients were asked for their views and feedback on this scheme, which included a questionnaire on the quality of the items received, the impact they have had upon their hobby activities, their communication with M4H, whether they would recommend the scheme to others and whether there were any recommendations for change of this support system. All recipients confirmed they were very satisfied with the items received, reported positive impacts upon both their model making and wellbeing, and would recommend the scheme to others. Arising from this stakeholder feedback the grant scheme will continue in its current format during the 2024-25 financial year, and ongoing financial support for this will be explored. Feedback received from beneficiaries, professional support workers and host organisations is also published on our website and can be accessed at: https://www.modelsforheroes.org.uk/impact-and-report/.

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: M Childs
Status: Director