GEN D CIC

Company limited by guarantee

Company Registration Number:
15765959 (England and Wales)

Unaudited statutory accounts for the year ended 30 March 2025

Period of accounts

Start date: 6 June 2024

End date: 30 March 2025

GEN D CIC

Contents of the Financial Statements

for the Period Ended 30 March 2025

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

GEN D CIC

Profit And Loss Account

for the Period Ended 30 March 2025

10 months to 30 March 2025


£
Turnover: 6,820
Gross profit(or loss): 6,820
Administrative expenses: ( 7,238 )
Operating profit(or loss): (418)
Profit(or loss) before tax: (418)
Profit(or loss) for the financial year: (418)

GEN D CIC

Balance sheet

As at 30 March 2025

Notes 10 months to 30 March 2025


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Cash at bank and in hand: 14,613
Investments:   0
Total current assets: 14,613
Creditors: amounts falling due within one year: 3 ( 250 )
Net current assets (liabilities): 14,363
Total assets less current liabilities: 14,363
Accruals and deferred income: ( 14,781 )
Total net assets (liabilities): (418)
Members' funds
Profit and loss account: (418)
Total members' funds: ( 418)

The notes form part of these financial statements

GEN D CIC

Balance sheet statements

For the year ending 30 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 26 July 2025
and signed on behalf of the board by:

Name: Jamal Begg
Status: Director

The notes form part of these financial statements

GEN D CIC

Notes to the Financial Statements

for the Period Ended 30 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

GEN D CIC

Notes to the Financial Statements

for the Period Ended 30 March 2025

  • 2. Employees

    10 months to 30 March 2025
    Average number of employees during the period 1

GEN D CIC

Notes to the Financial Statements

for the Period Ended 30 March 2025

3. Creditors: amounts falling due within one year note

10 months to 30 March 2025
£
Trade creditors 250
Accruals and deferred income 0
Total 250

COMMUNITY INTEREST ANNUAL REPORT

GEN D CIC

Company Number: 15765959 (England and Wales)

Year Ending: 30 March 2025

Company activities and impact

After our establishment in June 2024, with thanks to Sunderland City Council's Smart City team, particularly Nicol McConnell (Digital Inclusion Lead) for supporting Gen D to access Tech Hub at the Beam in the city centre of Sunderland for accessible digital arts provision, we held a Soft Launch of Gen D CIC on 14th August 2024, with 25 guests in attendance from diverse communities including guests from Together for Children, Sunderland BME Network, Sunderland Bangladesh International Centre, Karima's Poetry, Friends of the Drop-In, Modest Hijabz, Ananas Networks and Culture Care CIC.

Consultation with stakeholders

We have actively consulted stakeholders through market research surveys and regular feedback sessions. Specifically, we conducted a survey across our community that received 67 responses. In response to this feedback, we have: Introduced free and low-cost digital arts sessions tailored to the specific interests of different age groups. Ensured that all necessary devices and software are provided at our sessions to reduce barriers to participation. Focused on accessibility and inclusion by running sessions in community hubs and centres. Actively designed project.s based on community and participant input with one of them being a collaborative artwork on the theme of self-expression, togetherness, and kindness following the 2024 riots, which we plan to exhibit in September 2025. We continue to gather feedback from participants and families through conversations and surveys to shape future activities and ensure our work remains community-led and relevant

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
26 July 2025

And signed on behalf of the board by:
Name: Jamal Begg
Status: Director