START CHANGE CIC

Company limited by guarantee

Company Registration Number:
12941835 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

START CHANGE CIC

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

START CHANGE CIC

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 is to provide advocacy and mentoring services to minority communities within Black Minority and Ethnic groups.



Directors

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

Julia Jean Charles
Jon Marc Anthony
Sharon Cynthia Barbara Matthew


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
28 July 2025

And signed on behalf of the board by:
Name: Julia Jean Charles
Status: Director

START CHANGE CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 673 29,861
Cost of sales: 0 ( 28,408 )
Gross profit(or loss): 673 1,453
Administrative expenses: ( 1,615 ) ( 513 )
Operating profit(or loss): (942) 940
Profit(or loss) before tax: (942) 940
Profit(or loss) for the financial year: (942) 940

START CHANGE CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,985 600
Total fixed assets: 2,985 600
Current assets
Cash at bank and in hand: 16 17,222
Total current assets: 16 17,222
Creditors: amounts falling due within one year: 4 ( 275 ) ( 16,501 )
Net current assets (liabilities): (259) 721
Total assets less current liabilities: 2,726 1,321
Creditors: amounts falling due after more than one year: 5 ( 5,337 ) ( 2,990 )
Total net assets (liabilities): (2,611) (1,669)
Members' funds
Profit and loss account: (2,611) ( 1,669)
Total members' funds: ( 2,611) (1,669)

The notes form part of these financial statements

START CHANGE 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.

This report was approved by the board of directors on 28 July 2025
and signed on behalf of the board by:

Name: Julia Jean Charles
Status: Director

The notes form part of these financial statements

START CHANGE 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

    Turnover policy

    Turnover represents grant income and disability support payments.

    Tangible fixed assets depreciation policy

    Office equipment is depreciated on a straight line basis over 4 years.

START CHANGE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

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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 £ £ £ £ £ £
At 1 November 2023 1,500 1,500
Additions 3,580 3,580
Disposals
Revaluations
Transfers
At 31 October 2024 5,080 5,080
Depreciation
At 1 November 2023 900 900
Charge for year 1,195 1,195
On disposals
Other adjustments
At 31 October 2024 2,095 2,095
Net book value
At 31 October 2024 2,985 2,985
At 31 October 2023 600 600

START CHANGE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 275 16,501
Total 275 16,501

The deferred income from 2023 relates to disability support payments which were utilised in 2024.

START CHANGE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 5,337 2,990
Total 5,337 2,990

COMMUNITY INTEREST ANNUAL REPORT

START CHANGE CIC

Company Number: 12941835 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

The principal activity of Start Change CIC continues to be to provide advocacy and mentoring services to minority communities within Black, Minority, and Ethnic groups,fostering pathways to recovery and equity. Our core mission is to empower vulnerable individuals from marginalised communities, enabling them to gain the tools and attitudes to fulfil their dreams, contributing to a socially fair and sustainable society. Community Interest Statement During the financial year ended 31 October 2024, Start Change CIC remained steadfast in its commitment to addressing mental health inequalities and advocating for vulnerable individuals within marginalised communities, particularly across the South East of England. While the period presented significant challenges, notably a pause in securing new direct service contracts due to the general election and subsequent change in government funding priorities, our dedication to our social purpose remained undiminished. Our primary focus during this time shifted towards intensive engagement and advocacy with various government departments and key stakeholders in the area of equality. This involved: - Policy Dialogue: Actively participating in discussions and consultations related to mental health policy, racial equality frameworks (such as PCREF), and broader social justice initiatives affecting our target communities. - Needs Assessment and Research: Continuing to gather insights and provide evidence-based perspectives on the specific challenges faced by vulnerable individuals from marginalised communities in accessing equitable support and services. This ongoing work, though not directly contract-funded, is crucial for informing future interventions. - Relationship Building: Strengthening relationships with officials and policymakers to ensure the voices and needs of those we serve are heard at the highest levels. This included advocating for sustained and targeted funding for community-led initiatives that directly address systemic inequalities. - Strategic Planning: Utilising this period to refine our strategic approach, develop new project proposals, and build internal capacity, positioning Start Change CIC to respond effectively once funding opportunities stabilise. Despite the temporary slowdown in direct service delivery contracts, our strategic engagement has ensured that Start Change CIC continues to play a vital role in shaping the landscape of support for vulnerable and marginalised communities, laying the groundwork for future impactful projects. Our efforts during this period underscore our unwavering commitment to our community interest purpose, even in the face of external economic and political shifts.

Consultation with stakeholders

Start Change CIC maintains an ongoing commitment to robust consultation with its key stakeholders to ensure our services remain relevant and impactful. During the 2023/2024 financial year, our consultation activities included: Direct Beneficiary Feedback: Through our individual mentoring and advocacy sessions, we regularly gather qualitative feedback from the men from racialised communities we support. This ongoing dialogue is central to adapting our approach and identifying emerging needs. We also conducted informal check-ins with past beneficiaries to understand the long-term impact of our interventions. Partnership Engagement: We actively engaged with our key partners, including Essex Partnership University NHS Foundation Trust (EPUT) and other community organisations, through regular meetings and collaborative forums. These discussions provide valuable insights into broader community needs and service gaps. Advocacy and Policy Dialogue: Our active engagement with government departments and equality organisations involved sharing insights derived from our direct work, ensuring that the voices of vulnerable and marginalised communities in the South East of England are represented in policy discussions. This indirect form of consultation helps shape the environment in which our beneficiaries operate. Accessibility: We ensure our consultation methods are as accessible as possible, accommodating diverse communication needs and ensuring that all voices, including those of disabled individuals, can be heard effectively

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
28 July 2025

And signed on behalf of the board by:
Name: Julia Jean Charles
Status: Director