SHARED FUTURE NEWS CIC

Company limited by guarantee

Company Registration Number:
NI667225 (Northern Ireland)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

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Contents of the Financial Statements

for the Period Ended 31 January 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

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Directors' report period ended 31 January 2025

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

Directors

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

Allan Albert Leonard
Alan Cowan Meban
Julia Paul


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 May 2025

And signed on behalf of the board by:
Name: Allan Albert Leonard
Status: Director

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Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Current assets
Debtors: 3 18 40
Cash at bank and in hand: 585 1,276
Total current assets: 603 1,316
Creditors: amounts falling due within one year: 4 ( 598 ) ( 599 )
Net current assets (liabilities): 5 717
Total assets less current liabilities: 5 717
Total net assets (liabilities): 5 717
Members' funds
Profit and loss account: 5 717
Total members' funds: 5 717

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 January 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 22 May 2025
and signed on behalf of the board by:

Name: Allan Albert Leonard
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 January 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

    Other accounting policies

    Basis of accounting The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016). Going Concern The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for a

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Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

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Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Debtors

2025 2024
£ £
Trade debtors 18 40
Total 18 40

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Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 598 599
Total 598 599

COMMUNITY INTEREST ANNUAL REPORT

SHARED FUTURE NEWS CIC

Company Number: NI667225 (Northern Ireland)

Year Ending: 31 January 2025

Company activities and impact

The company provides the public with articles, research, and stories about peacebuilding work in Northern Ireland, published on its website. It also provides training courses, events, and educational resources. The company was incorporated on 24 January 2020. During the financial year 2024–2025, the company’s activities have benefited the community in the following ways: 17,733 (+2,274 from the previous year) people were able to learn more about peacebuilding efforts in Northern Ireland, through 60 (+20) new articles published on its website; the company commissioned work from 9 people and created opportunities for 14 volunteers, including 2 internship placements; it continued to build its social media and online presence through the sharing of articles, podcasts, and updates about the work of Shared Future News with its audiences; it highlighted local efforts of building peace through its podcast series, Northern Peacebuilders, which included a public conversation event, with support from the Community Relations Council; it served as a partner organisation in an international peace journalism project of an exchange of journalists between Northern Ireland and Kosovo, for shared learning and practice of reporting on the troubled pasts in both places, and the 20 participants produced an set of co-authored articles, published at Shared Future News as well as at the Association of Journalists of Kosovo.

Consultation with stakeholders

The CIC’s stakeholders are its subscribers, who are updated via direct correspondence and newsletters.

Directors' remuneration

Two directors received remuneration for specific services provided to the company.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 May 2025

And signed on behalf of the board by:
Name: Allan Albert Leonard
Status: Director