104 PROJECTS CIC

Company limited by guarantee

Company Registration Number:
11275867 (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

104 PROJECTS 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

104 PROJECTS 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

Principal activities of the company

Cultural media activities



Directors

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

Justin Edgar
Alex Usborne


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: Justin Edgar
Status: Director

104 PROJECTS CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 271,181 134,625
Cost of sales: ( 277,561 ) ( 128,998 )
Gross profit(or loss): (6,380) 5,627
Administrative expenses: ( 9,045 ) ( 4,594 )
Operating profit(or loss): (15,425) 1,033
Profit(or loss) before tax: (15,425) 1,033
Tax: 38,162
Profit(or loss) for the financial year: 22,737 1,033

104 PROJECTS CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Current assets
Debtors: 3 38,265 5,923
Cash at bank and in hand: 443 21,266
Total current assets: 38,708 27,189
Creditors: amounts falling due within one year: 4 ( 15,971 ) ( 27,189 )
Net current assets (liabilities): 22,737 0
Total assets less current liabilities: 22,737 0
Total net assets (liabilities): 22,737 0
Members' funds
Profit and loss account: 22,737 0
Total members' funds: 22,737 0

The notes form part of these financial statements

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

Name: Justin Edgar
Status: Director

The notes form part of these financial statements

104 PROJECTS 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 Financial Reporting Standard 101

    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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and machinery 25% reducing balance

104 PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 1 1

104 PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Debtors

2025 2024
£ £
Other debtors 38,265 5,923
Total 38,265 5,923

104 PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 462
Trade creditors 15,971 24,450
Taxation and social security 2,277
Total 15,971 27,189

COMMUNITY INTEREST ANNUAL REPORT

104 PROJECTS CIC

Company Number: 11275867 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

The company was set up to provide filmmaking and cultural project activities for disabled people. During the financial year ending 2025, the company’s activities have included benefitting the disabled community in the following ways: We have expanded our running of the Film Academy project for the British Film Institute,and were successful in our bid to run Film Academy in the East of England, overseeing four Film Academy programmes which produced a portmanteau film which is a fascinating snapshot of young people’s lives entitled Eastern Voices. The programme engages young people aged 16-19 from across the region to work in film. 51% of the young people had disabilities. We had extensive feedback from the young people in the form of feedback forms based on a template issued by teg BFI, this resulted in overwhelming support from disabled participants who felt that their reasonable adjustments were met and that their voices as disabled people were facilitated in the work produced. Film Academy has been a great success for 104 projects in meeting our goals and in 2022 our programme was visited by HRH the Duke and Duchess of Cambridge as an example of an exemplary youth arts project. During this year we also completed work on our Pot Dogs project, funded by the National Heritage Lottery Fund with partners Stoke BID and BCB. This project was designed to enable disabled people from the potteries to explore the history of Stoke’s disabled workers, working with groups and individuals from across the potteries to create a website, film and oral histories of disabled workers. A plaque about the project was also installed in Stoke-on-Trent city centre outside Hanley Town Hall. With funding from the Creative Lives we subsequently ran a project with local disability groups to produce nearly 100 Staffordshire pottery dogs, working with moulds made from original Victorian dogs. This resulted in a trail map across the city with the dogs on display in local businesses. For Arts Council England we also worked from the designs of two Deaf artists to produce a major public artwork in Stoke City Centre – two ten feet tall Staffordshire dogs which are currently on display. The feedback from participants has been measured on both of these separate projects and has been positive with participants reporting that they felt less loneliness as a result of the group activity involved. Sadly we have not maintained our status as key suppliers of training for disabled crew for ScreenSkills, the sector training body and funder for the film and TV industries. We were unsuccessful in our bids to run programmes for this funder this year. However, we were successful in our bid to run a development programme for the BFI entitled No Funny Business. Which encouraged emerging disabled film talent to develop their new comedy feature film projects supported by established film professionals. We have also been successful in our bid to English Heritage to make a film working with former Deaf pupils at the Royal Margate Deaf school about their lives. This project is ongoing and will complete in 2025. We continue to bid for new projects, based on the feedback we get from the disabled community and all of our projects are steered by this community. We will report further on any current and new projects them in next year’s report.

Consultation with stakeholders

The company’s stakeholders are members of the disabled community with an interest in film and other cultural projects. All of our projects are based on consultation with disabled people and during this year we have also been engaged in developing a number of projects based on their ideas. One of the directors of the company is also disabled and the establishment of the CIC was based on their experience and talking to other groups of disabled people such as Project Indie in Stoke on Trent and other disability groups in the city. We ask everyone participating in our projects to fill in feedback forms and provide feedback on the services we are providing. We have also made great strides in hiring disabled freelancers across our projects.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £48.038. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
12 April 2025

And signed on behalf of the board by:
Name: Justin Edgar
Status: Director