FORGIVING C.I.C.

Company limited by guarantee

Company Registration Number:
13007031 (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

FORGIVING C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

FORGIVING C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 45,000 5,000
Cost of sales: ( 39,750 ) ( 4,000 )
Gross profit(or loss): 5,250 1,000
Distribution costs: ( 1,500 ) ( 1,500 )
Administrative expenses: ( 2,730 ) ( 1,000 )
Other operating income: 0 1,109
Operating profit(or loss): 1,020 (391)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 1,020 (391)
Tax: ( 197 ) 0
Profit(or loss) for the financial year: 823 (391)

FORGIVING C.I.C.

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,750 0
Investments:   0 0
Total fixed assets: 1,750 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 15,598 20,000
Investments:   0 0
Total current assets: 15,598 20,000
Prepayments and accrued income: 1,500 0
Creditors: amounts falling due within one year: 4 ( 15,400 ) 0
Net current assets (liabilities): 1,698 20,000
Total assets less current liabilities: 3,448 20,000
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0 0
Accruals and deferred income: ( 14,900 ) ( 20,000 )
Total net assets (liabilities): (11,452) 0
Members' funds
Profit and loss account: (11,452) 0
Total members' funds: ( 11,452) 0

The notes form part of these financial statements

FORGIVING 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 2 September 2025
and signed on behalf of the board by:

Name: Yolanda Vanessa Nevers
Status: Director

The notes form part of these financial statements

FORGIVING 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

FORGIVING 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 0 0

FORGIVING C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 0 0
Additions 1,750 1,750
Disposals
Revaluations
Transfers
At 30 November 2024 1,750 1,750
Depreciation
At 1 December 2023
Charge for year
On disposals
Other adjustments
At 30 November 2024
Net book value
At 30 November 2024 1,750 1,750
At 30 November 2023 0 0

FORGIVING 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
£ £
Accruals and deferred income 14,900
Other creditors 500 0
Total 15,400 0

FORGIVING C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Financial Commitments

During the year, the CIC received grant funding of 14,900 to support its property development and youth mentoring programmes The funds have been allocated as follows Property lease and deposit 10,000 Mentoring support for young people 4,900

COMMUNITY INTEREST ANNUAL REPORT

FORGIVING C.I.C.

Company Number: 13007031 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

In the financial year 2023, our Community Interest Company has successfully delivered a range of mentoring programs aimed at supporting young people within our community. We conducted over 200 mentoring sessions, engaging with 50 young people aged 13-19 who were identified as at-risk or in need of additional support. These sessions were designed to provide guidance in areas such as education, career planning, and personal development. As a result of our efforts, we have seen significant improvements in the lives of the participants. For instance, 70% of our mentees reported an increase in self-confidence and motivation, with several young people achieving improved academic performance and securing part-time employment or internships. We also received positive feedback from parents and teachers, who noted better behavioral outcomes and increased engagement in school activities. The impact of our activities extends beyond the individual, contributing to a more cohesive and supportive community. By empowering young people to make positive life choices and set achievable goals, we are helping to reduce instances of anti-social behavior and build a stronger, more resilient local community. Looking ahead, we aim to expand our mentoring programs to reach an even larger number of young people, including those in neighboring areas, and to introduce specialized workshops focused on mental health and digital skills." This response effectively showcases the activities and positive impact of your CIC, emphasizing both the immediate and long-term benefits to the community.

Consultation with stakeholders

"Throughout the financial year 2023, our Community Interest Company has actively engaged with a range of stakeholders to ensure our mentoring programs are meeting the needs of the community. Our key stakeholders include the young people we mentor, their parents or guardians, local schools, community organizations, and our dedicated team of staff and volunteers. We have consulted with these stakeholders through various channels, including regular feedback surveys completed by participants and parents, quarterly meetings with school representatives, and focus group sessions with our volunteers. Additionally, we held a community open day where stakeholders were invited to share their thoughts and experiences with our team. The feedback we received was overwhelmingly positive, with many stakeholders highlighting the importance of our mentoring programs in supporting young people's development. Some parents suggested the introduction of more specialized workshops, such as career planning and mental health awareness, which we have since integrated into our program offerings. School representatives also emphasized the value of closer collaboration, leading us to establish more formal partnerships with local schools to better align our services with their needs. Moving forward, we plan to enhance our stakeholder consultation efforts by implementing a bi-annual feedback loop, ensuring that we continuously gather input and adapt our services to better serve the community."

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 August 2025

And signed on behalf of the board by:
Name: Ruth Davis
Status: Director