GROW SOCIAL CAPITAL C.I.C.

Company limited by guarantee

Company Registration Number:
12999568 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

GROW SOCIAL CAPITAL C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

GROW SOCIAL CAPITAL C.I.C.

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Directors

The director shown below has held office during the whole of the period from
1 December 2023 to 30 November 2024

Russell Todd


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
29 August 2025

And signed on behalf of the board by:
Name: Russell Todd
Status: Director

GROW SOCIAL CAPITAL C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 15,301 5,700
Cost of sales: ( 11,368 ) ( 5,472 )
Gross profit(or loss): 3,933 228
Distribution costs: 0 0
Administrative expenses: ( 4,321 ) ( 1,617 )
Other operating income: 2,520 0
Operating profit(or loss): 2,132 (1,389)
Profit(or loss) before tax: 2,132 (1,389)
Tax: ( 155 )
Profit(or loss) for the financial year: 1,977 (1,389)

GROW SOCIAL CAPITAL C.I.C.

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 2,500
Cash at bank and in hand: 2,843 2,076
Total current assets: 5,343 2,076
Creditors: amounts falling due within one year: 4 ( 2,615 ) ( 1,325 )
Net current assets (liabilities): 2,728 751
Total assets less current liabilities: 2,728 751
Total net assets (liabilities): 2,728 751
Members' funds
Profit and loss account: 2,728 751
Total members' funds: 2,728 751

The notes form part of these financial statements

GROW SOCIAL CAPITAL C.I.C.

Balance sheet statements

For the year ending 30 November 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 29 August 2025
and signed on behalf of the board by:

Name: Russell Todd
Status: Director

The notes form part of these financial statements

GROW SOCIAL CAPITAL C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes

GROW SOCIAL CAPITAL C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 0

GROW SOCIAL CAPITAL C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Debtors

2024 2023
£ £
Trade debtors 2,500
Total 2,500

GROW SOCIAL CAPITAL C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 155
Accruals and deferred income 2,460 960
Other creditors 365
Total 2,615 1,325

COMMUNITY INTEREST ANNUAL REPORT

GROW SOCIAL CAPITAL C.I.C.

Company Number: 12999568 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

Grow Social Capital is a social enterprise working to address the challenge of changing levels of Social Capital in society. These changes are at the root cause of many social issues and challenges including growing divisions and distrust, fewer people getting involved in civic society, and more feeling more isolated. Our collective ability to help each other is called Social Capital. We are developing new responses to enable organisations, communities and individuals to do something practical and positive to grow social capital.

Consultation with stakeholders

PART 2 – CONSULTATION WITH STAKEHOLDERS – Please indicate who the company’s stakeholders are; how the stakeholders have been consulted and what action, if any, has the company taken in response to feedback from its consultations? If there has been no consultation, this should be made clear. Off the back of the third Modern Cockney Festival, of which Grow Social Capital is a founding partner, several campaigns were started that have successfully brought together a number of independent and family businesses, non-profits and community groups. These have garnered national and international press coverage: We have successfully got Tower Hamlets Council to recognise Cockney within its strategy for languages and dialects. Significantly, this is the first-ever formal recognition of Cockney as a culture in its 660-year history. This serves as a starting-point for the Council to adopt new policies in support of promoting Cockney culture We are working with the Department for Farming & Rural Affairs in gaining Protected Food Status for the quintessential Cockney dish of pie n mash. This would signify its cultural significance and also provide potential economic benefits for the community of pie’n’mash shop owners, a disparate group that hitherto have never worked collaboratively until we pulled them together. The Story of Modern Cockney project outlined in the previous accounting period, has evolved into a more robust concept that we call a ‘pocket museum’. The successful application we made to the Cardiff Community Cohesion Fund to develop a pocket museum for the Spott district saw the community ‘co-curation’ processes start towards the end of the current accounting period. We are providing the conceptual and facilitative ‘scaffolding’ around the dynamic community action in Splott led by organisations such as Splott Community Volunteers, Inksplott community news site and environmental charity Green Squirrel, is helping us refine the pocket museum concept ever further. Inspired by Sherry Arnstein’s seminal ladder of empowerment, we would argue that the pocket museum concept has the potential to go beyond mere consultation and allows communities, particularly working-class communities, to take control of their narratives rather than be written about (often pejoratively so). Feedback from the grants panel was that the proposal was attractive because it was a fun and engaging way of building togetherness (the term we prefer to ‘cohesion’) that is based around people telling their stories to one another; it was a less sober proposal than many the Fund receives to tackle discrimination and ethnic/faith tensions. During the accounting period we are exploring the potential of a one-day ‘pop-up’ version of the pocket museum with friends at the Documentary Media Centre in Leicester and their community heritage conference events. Like in Cardiff, the organisers see the pocket museum concept as a way of strengthening community relations through story-sharing The accounting period has seen a potentially fruitful trans-Atlantic relationship emerge. Off the back of the Raymond Williams Centenary tour mentioned in the previous accounting period, we were approached by an American Sociologist based in DePaul University in Chicago with an interest in Williams and Wales, to develop potential research questions around social capital. Our strong connections in south Wales and in Cardiff in particular have led to us being commissioned to broker relationship-building between DePaul and community organisations in 3 districts in Cardiff: Ely/Caerau, Gabalfa and Splott. We continue to deliver our social capital themed workshops around community and neighbourhood changemaking (Tummler School); purpose; and community media. Clients during the accounting period include: Dwr Cymru, Monmouthshire County Council, Action in Ely and Caerau, We continue to support an annual un-conference in Sligo, in the Republic of Ireland, which explores and shares purposeful and ethical public relations activity, all based on social capital theory.

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
20 August 2025

And signed on behalf of the board by:
Name: Russell Todd
Status: Director