EXPERIENCE COUNTS (YORK) CIC

Company limited by guarantee

Company Registration Number:
10421223 (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

EXPERIENCE COUNTS (YORK) 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

EXPERIENCE COUNTS (YORK) 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

The principal activity of the company is that of training.



Directors

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

MR S D ERRINGTON
MRS J D KITCHING
MR R C PRICE


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
1 June 2025

And signed on behalf of the board by:
Name: MR S D ERRINGTON
Status: Director

EXPERIENCE COUNTS (YORK) CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 19,806 35,333
Cost of sales: ( 2,241 ) ( 6,353 )
Gross profit(or loss): 17,565 28,980
Administrative expenses: ( 17,565 ) ( 28,980 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

EXPERIENCE COUNTS (YORK) CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 23,581 22,313
Total current assets: 23,581 22,313
Creditors: amounts falling due within one year: 3 ( 23,581 ) ( 22,313 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

EXPERIENCE COUNTS (YORK) 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 1 June 2025
and signed on behalf of the board by:

Name: MR S D ERRINGTON
Status: Director

The notes form part of these financial statements

EXPERIENCE COUNTS (YORK) 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 Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Other accounting policies

    Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

EXPERIENCE COUNTS (YORK) CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 3 3

EXPERIENCE COUNTS (YORK) CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 181
Accruals and deferred income 23,581 17,918
Other creditors 4,214
Total 23,581 22,313

EXPERIENCE COUNTS (YORK) CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Financial Commitments

Amounts not provided for in the balance sheet The total amount of guarantees not included in the balance sheet is £3 (2024 - £3). The company is limited by guarantee and therefore has no share capital. The liability of the members upon winding up of the company is limited to £1.

COMMUNITY INTEREST ANNUAL REPORT

EXPERIENCE COUNTS (YORK) CIC

Company Number: 10421223 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

From our past experience we know that our beneficiaries may be struggling to believe in their talents, skills and knowledge and that belief (once rekindled) can give them the confidence, self-confidence and energy to move out of poverty/low incomes and into employment. We know that we can work with beneficiaries, their referring agencies and provide follow up support to improve their lives. Often the most important message is they are not on their own and that others within the community are experiencing similar levels of anxiety and deprivation. The difference the project makes is not only in the outcomes but the quotes we receive from the beneficiaries. People rebuild social skills and work together on activities with each beneficiary supporting the others to engage and learn. The regrowth of confidence and self-belief is wonderful to see and it’s an important part of the programme. With confidence, the ability to try and try again is easier and the outcomes follow.

Consultation with stakeholders

We track each beneficiary’s progress by asking them to complete a self-assessment questionnaire in week 1 to ascertain their understanding of their current levels of confidence and recognition of their knowledge and skills. We encourage and capture feedback throughout each programme and revise our following week’s delivery in light of this. We endeavour to ensure that every beneficiary will have a task which will interest and benefit them. We also check in with them at the start of each workshop in the programme as to how the week has gone for them and again flex our planned activities to suit. If we feel an activity from the previous week was not as successful as hoped, then we check that too. Often it worked (we just want the best!) but sometimes beneficiaries are delighted to have the opportunity to have further explanations or to engage in a different activity aimed at achieving the same learning. We revisit the assessment exercise in week 6 and measure the impact from the course.

Directors' remuneration

Directors' remuneration The directors' remuneration for the year was as follows: 2025 - £15,050 2024 - £25,200

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 June 2025

And signed on behalf of the board by:
Name: MR S D ERRINGTON
Status: Director