SYMPODIUM CIC

Company limited by guarantee

Company Registration Number:
15096813 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 25 August 2023

End date: 31 August 2024

SYMPODIUM CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

SYMPODIUM CIC

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

Directors

The director shown below has held office during the period of
24 June 2024 to 31 August 2024

Lloyd Dorfman


The director shown below has held office during the whole of the period from
25 August 2023 to 31 August 2024

Neville Bolt


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
22 April 2025

And signed on behalf of the board by:
Name: Neville Bolt
Status: Director

SYMPODIUM CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024


£
Turnover: 751,465
Cost of sales: ( 537,354 )
Gross profit(or loss): 214,111
Administrative expenses: ( 203,309 )
Operating profit(or loss): 10,802
Profit(or loss) before tax: 10,802
Tax: ( 2,198 )
Profit(or loss) for the financial year: 8,604

SYMPODIUM CIC

Balance sheet

As at 31 August 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 113,194
Total current assets: 113,194
Creditors: amounts falling due within one year: 3 ( 104,590 )
Net current assets (liabilities): 8,604
Total assets less current liabilities: 8,604
Total net assets (liabilities): 8,604
Members' funds
Profit and loss account: 8,604
Total members' funds: 8,604

The notes form part of these financial statements

SYMPODIUM CIC

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 22 April 2025
and signed on behalf of the board by:

Name: Neville Bolt
Status: Director

The notes form part of these financial statements

SYMPODIUM CIC

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

    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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Other accounting policies

    Taxation The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on material timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current and deferred tax are recognised in surplus or deficit for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

SYMPODIUM CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024
    Average number of employees during the period 1

SYMPODIUM CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Creditors: amounts falling due within one year note

2024
£
Trade creditors 75,472
Taxation and social security 6,974
Other creditors 22,144
Total 104,590

COMMUNITY INTEREST ANNUAL REPORT

SYMPODIUM CIC

Company Number: 15096813 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Sympodium is dedicated to creating tangible, positive impact across multiple regions by advancing Strategic Communications education and fostering democratic values. Below is an overview of how our initiatives have directly benefit communities in Eastern Europe, Japan, and the Philippines, in line with the core mission and regulatory requirements of a CIC. Postgraduate Programme Educating a cohort of 50 civil society communications professionals in strategic communications, equipping them to promote a liberal-democratic ethical approach and value system within their communities. Building a transnational network of liberal-minded communications specialists, strengthening democratic processes and resilience against authoritarian tendencies across Eastern Europe. Enhancing the capacity of communications professionals to withstand authoritarian backsliding and aggression, thereby safeguarding open societies and supporting the region’s long-term stability. Sympodium Japan Programme Delivering advanced strategic communications training to 36 Japanese government officials, improving their performance and deepening their conceptual understanding of effective, ethical communications. Fostering dialogue on shared values and interests within the Indo-Pacific geopolitical sphere, contributing to regional stability and cooperation. Developing partnerships with academic and government institutions in Japan, encouraging collaboration and knowledge exchange among like-minded partners. Sympodium Philippines Programme Providing education for 29 Philippine government officials to strengthen liberal-democratic ethics and value systems in public communication. Promoting dialogue on aligned values and interests in the Indo-Pacific, supporting regional peace and mutual understanding. Assisting in the development of best-practice, ethical approaches to counter authoritarian aggression in the information environment, enhancing the resilience of democratic institutions. Through capacity building and education, our CIC is not only empowering individuals and institutions but also strengthening the broader fabric of civil society in regions facing significant challenges. The success of these projects has led to discussions and plans of developing and implementing further iterations to further build capabilities and expand regional networks. This work exemplifies the CIC model’s commitment to sustainable, community-focused impact.

Consultation with stakeholders

The stakeholders of the company include the UK Foreign, Commonwealth and Development Office (FCDO), NATO, Tokyo University and the Government of Japan, and the Government of the Republic of the Philippines. In addition, the students participating in each programme are also considered stakeholders. Sympodium conducts regular meetings with the above government organisations whereby feedback is shared, reported and actioned. Sympodium gathers student perspectives for each project by administering pre- and post-programme surveys. Additionally, both formal and informal feedback mechanisms are in place to maintain ongoing communication between students and the organisation. The collected feedback is reviewed at the director level and directly informs the development and refinement of current and future programmes. In terms of community impact, programme participants frequently include leaders from governmental and civil society sectors. These individuals are encouraged to integrate the knowledge and skills acquired through the programme into their professional activities, thereby extending the programme’s reach and influence.

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: Neville Bolt
Status: Director