PROGRESSUS COMMUNITY CIC

Company limited by guarantee

Company Registration Number:
14689757 (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

PROGRESSUS COMMUNITY 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

PROGRESSUS COMMUNITY 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

Directors

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

Julie Elaine Low
Mark Adrian Marshall
Robert Keane


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
15 July 2025

And signed on behalf of the board by:
Name: Julie Elaine Low
Status: Director

PROGRESSUS COMMUNITY CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 13 months to 31 March 2024


£

£
Turnover: 17,698 4,170
Gross profit(or loss): 17,698 4,170
Administrative expenses: ( 20,899 ) ( 4,213 )
Operating profit(or loss): (3,201) (43)
Profit(or loss) before tax: (3,201) (43)
Profit(or loss) for the financial year: (3,201) (43)

PROGRESSUS COMMUNITY CIC

Balance sheet

As at 31 March 2025

Notes 2025 13 months to 31 March 2024


£

£
Current assets
Debtors: 3 75 2,077
Cash at bank and in hand: 1,424 2,181
Total current assets: 1,499 4,258
Creditors: amounts falling due within one year: 4 ( 4,743 ) ( 4,301 )
Net current assets (liabilities): (3,244) (43)
Total assets less current liabilities: (3,244) ( 43)
Total net assets (liabilities): (3,244) (43)
Members' funds
Profit and loss account: (3,244) ( 43)
Total members' funds: ( 3,244) (43)

The notes form part of these financial statements

PROGRESSUS COMMUNITY 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 15 July 2025
and signed on behalf of the board by:

Name: Julie Elaine Low
Status: Director

The notes form part of these financial statements

PROGRESSUS COMMUNITY 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

    Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Other accounting policies

    Statutory information The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. Statement of compliance The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities. Basis of preparation The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). Functional and presentation currency The financial statements are presented in sterling and this is the functional currency of the company. Going concern After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements. Trade and other debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents. Trade and other creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

PROGRESSUS COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 13 months to 31 March 2024
    Average number of employees during the period 2 0

PROGRESSUS COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Debtors

2025 13 months to 31 March 2024
£ £
Trade debtors 75 1,800
Prepayments and accrued income 277
Total 75 2,077

PROGRESSUS COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

2025 13 months to 31 March 2024
£ £
Trade creditors 101
Taxation and social security 700
Accruals and deferred income 1,623 2,345
Other creditors 2,420 1,855
Total 4,743 4,301

COMMUNITY INTEREST ANNUAL REPORT

PROGRESSUS COMMUNITY CIC

Company Number: 14689757 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

The description below outlines the company’s activities and impact in year 2 of trading. Progressus Community CIC was established in February 2023 to offer a range of community and online group activities, providing opportunity for change. Year 2 income has been solely generated via traded income and the company has not received any public/third sector funding. In year 2 we have delivered the following community programmes: April 2024 – July 2024 (cohort 3) online community group participated in accredited online parenting programme, endorsed by the family courts and services supporting children. This programme supported 8 participants, and subsequently improved outcomes for 15 children. September 2024 – December 2024 (cohort 4) – online community group participated in accredited online parenting programme, endorsed by the family courts and services supporting children. This programme supported 7 participants, and subsequently improved outcomes for 16 children. January 2025 – April 2025 (cohort 5) – online community group participated in accredited online parenting programme, endorsed by the family courts and services supporting children. This programme supported 6 participants, and subsequently improved outcomes for 12 children.

Consultation with stakeholders

The company stakeholders are varied. The communities we serve are widespread as we deliver the main body of our services within the online community. We have engaged with stakeholders across the whole of England who have participated in our programme offer. Our primary stakeholders (from who we receive recommendations/referrals) are Family Court solicitors and CAFCASS and also directly from customers seeking the course we offer.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £11,800. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Julie Low
Status: Director