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Company No: 14389864 (England and Wales)

THE CIVIL SOCIETY PROJECT LTD

(A company limited by guarantee)

Unaudited Financial Statements
For the financial year ended 30 September 2024
Pages for filing with the registrar

THE CIVIL SOCIETY PROJECT LTD

Unaudited Financial Statements

For the financial year ended 30 September 2024

Contents

THE CIVIL SOCIETY PROJECT LTD

STATEMENT OF FINANCIAL POSITION

As at 30 September 2024
THE CIVIL SOCIETY PROJECT LTD

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 September 2024
Note 2024 2023
£ £
Current assets
Cash at bank and in hand 778,606 239,093
778,606 239,093
Creditors: amounts falling due within one year 4 ( 818,500) ( 279,500)
Net current liabilities (39,894) (40,407)
Total assets less current liabilities (39,894) (40,407)
Net liabilities ( 39,894) ( 40,407)
Reserves
Retained earnings ( 39,894 ) ( 40,407 )
Total reserves ( 39,894) ( 40,407)

For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of The Civil Society Project Ltd (registered number: 14389864) were approved and authorised for issue by the Director on 30 May 2025. They were signed on its behalf by:

M Q Dean
Director
THE CIVIL SOCIETY PROJECT LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
THE CIVIL SOCIETY PROJECT LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Civil Society Project Ltd (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 10 Queen Street Place, London, EC4R 1BE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Taxation

Current tax
The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit.

Income and expenditure

Income during the year consisted of grants receivable. Grants of a revenue nature are recognised in the same period as the related expenditure. Grants that have conditions attached are recognised in the Statement of Comprehensive Income only to the extent that they have been fulfilled, Where the conditions have not been fulfilled by the reporting date, the grants received are recognised as other creditos in the Statement of Financial Position.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the director is required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the director has made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

4. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 160,000 200,000
Other creditors 658,500 79,500
818,500 279,500

5. Liability of members

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.