CHISPA CIC

Company limited by guarantee

Company Registration Number:
15223410 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 20 October 2023

End date: 31 October 2024

CHISPA CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CHISPA CIC

Balance sheet

As at 31 October 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 20,213
Investments:   0
Total current assets: 20,213
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 3 ( 5,435 )
Net current assets (liabilities): 14,778
Total assets less current liabilities: 14,778
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 14,778
Members' funds
Profit and loss account: 14,778
Total members' funds: 14,778

The notes form part of these financial statements

CHISPA CIC

Balance sheet statements

For the year ending 31 October 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.

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 12 June 2025
and signed on behalf of the board by:

Name: Alice Watson
Status: Director

The notes form part of these financial statements

CHISPA CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

    Other accounting policies

    Revenue recognition Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of 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. Tax The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

CHISPA CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

CHISPA CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Creditors: amounts falling due within one year note

2024
£
Taxation and social security 3,635
Accruals and deferred income 1,800
Total 5,435

COMMUNITY INTEREST ANNUAL REPORT

CHISPA CIC

Company Number: 15223410 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Chispa is a youth-led organisation that acts as a catalyst to enable young people's potential in Gloucester. We make it an exciting place where young people thrive by: - Facilitating young voices to influence change - Enabling youth-led activities/opportunities/programmes/projects and spaces - Developing youth leadership.

Consultation with stakeholders

Stakeholders include: young people aged 14–35; peer-researchers, project participants, youth leaders and local community members, Gloucester City Council, The Music Works, Gloucester Universal Youth Services, Gloucester Guildhall, Gloucester Culture Trust, Gloucester City Homes, Active Gloucester-shire, NHS Consultation methods: Youth-led research (“Full Tilt”) informed design of Bar Park, public space use, and program-ming Youth leadership, young people involved at every stage of decision making as the Youth Lead-ership Team Youth-led programming and project development ensures participant-driven, relevant and re-sponsive content Continuous dialogue and consultation at The Bar Park, to ensure a diverse range of voices is heard and programmes can be responsive to emerging needs. Strong partnership working to ensure cross referencing, no duplication and more joined up working Actions taken: Bar Park equipped based on young people's needs. Adapting and improving programmes and projects based on feedback and emerging needs Sharing understandings with partners across the city to ensure impact and legacy Developing new programmes and projects based on needs expressed in consultations Fundraising based on specific consultation outcomes Digital content developed to represent youth voice for partners and service development

Directors' remuneration

Directors Remuneration can be found in the Subcontracting costs of the accounts and totals: £4,513.94

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Alice Watson
Status: Director