VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
15234989 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 25 October 2023

End date: 31 October 2024

VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 October 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

The principal activity of the company continued to be that of Market Research and Public Opinion Polling



Directors

The director shown below has held office during the period of
31 October 2023 to 31 October 2024

Ms Annie Keane


The directors shown below have held office during the whole of the period from
25 October 2023 to 31 October 2024

Mr Mark Claydon
Ms Isabella Starling


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
24 July 2025

And signed on behalf of the board by:
Name: Mr Mark Claydon
Status: Director

VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 October 2024

2024


£
Turnover: 9,747
Gross profit(or loss): 9,747
Administrative expenses: ( 30,468 )
Other operating income: 21,370
Operating profit(or loss): 649
Profit(or loss) before tax: 649
Profit(or loss) for the financial year: 649

VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 October 2024

Notes 2024


£
Fixed assets
Tangible assets: 3 792
Total fixed assets: 792
Current assets
Debtors: 4 9,999
Cash at bank and in hand: 80,794
Total current assets: 90,793
Creditors: amounts falling due within one year: 5 ( 54,406 )
Net current assets (liabilities): 36,387
Total assets less current liabilities: 37,179
Provision for liabilities: ( 150 )
Accruals and deferred income: ( 36,530 )
Total net assets (liabilities): 499
Members' funds
Profit and loss account: 499
Total members' funds: 499

The notes form part of these financial statements

VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

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.

This report was approved by the board of directors on 24 July 2025
and signed on behalf of the board by:

Name: Mr Mark Claydon
Status: Director

The notes form part of these financial statements

VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

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

    Turnover policy

    Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Computers 3 Year Straight Line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss

    Other accounting policies

    Current tax The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date. Deferred tax Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority. Government grants Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability

VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024
    Average number of employees during the period 3

VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 1,188 1,188
Disposals
Revaluations
Transfers
At 31 October 2024 1,188 1,188
Depreciation
Charge for year 396 396
On disposals
Other adjustments
At 31 October 2024 396 396
Net book value
At 31 October 2024 792 792

VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors

2024
£
Trade debtors 9,999
Total 9,999

VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due within one year note

2024
£
Trade creditors 4,846
Other creditors 49,560
Total 54,406

COMMUNITY INTEREST ANNUAL REPORT

VOCAL COLLECTIVE COMMUNITY INTEREST COMPANY

Company Number: 15234989 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Vocal Collective create opportunities for people to contribute to health research through patient and public involvement and engagement (PPIE). The company’s activities provide benefit by patients, communities and carers to express their lived expertise and experiences in health and health research. The company also brings benefit to researchers, healthcare practitioners and wider society by supporting research and health care that is inclusive and relevant. This period covers the first year that Vocal Collective has been in existence. It has partnered on one project (Centres for Exchange), and led a second project (Engaged Research Skills and Tools), both funded by the Wellcome Trust and both bringing benefit: The Centres for Exchange is a collaborative learning and design project which develops capacity and innovation in equitable and inclusive health research by supporting community organisations in Kenya, South Africa and India to upskill themselves in research methods and knowledge production. The Engaged Research Skills and Tools project is a research and learning project to support Wellcome researchers to develop their capacity in carrying out open, ethical and engaged research. Ultimately, it will produce a learning journey and repository of resources (project is ongoing). We have also developed a basic website and LinkedIn presence, which will be further developed.

Consultation with stakeholders

Stakeholders for Vocal Collective include: healthcare and health research organisations, pharmaceutical and life science industries, higher education institutions, funders and policy partners; VCFSE and patient organisations, and individual patients and community partners. This year, consultation with stakeholders has primarily occurred through the successful tendering and delivery of the projects in Part 1, together with ongoing business development. Notably, stakeholders include: Wellcome Trust, UK Research & Innovation, Science Foundation Ireland (Research Ireland), National Institute of Health Research, Manchester University NHS Foundation Trust, Ada Lovelace Foundation; Pivot Collective, Science Ceilidh, Mabadiliko, Restless Development.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 July 2025

And signed on behalf of the board by:
Name: Mr Mark Claydon
Status: Director