CRAFTA CIC

Company limited by guarantee

Company Registration Number:
15474241 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 8 February 2024

End date: 28 February 2025

CRAFTA CIC

Contents of the Financial Statements

for the Period Ended 28 February 2025

Balance sheet
Additional notes
Community Interest Report

CRAFTA CIC

Balance sheet

As at 28 February 2025

Notes 13 months to 28 February 2025


£
Current assets
Cash at bank and in hand: 13,195
Total current assets: 13,195
Net current assets (liabilities): 13,195
Total assets less current liabilities: 13,195
Total net assets (liabilities): 13,195
Members' funds
Profit and loss account: 13,195
Total members' funds: 13,195

The notes form part of these financial statements

CRAFTA CIC

Balance sheet statements

For the year ending 28 February 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 1 September 2025
and signed on behalf of the board by:

Name: V. Cameron
Status: Director

The notes form part of these financial statements

CRAFTA CIC

Notes to the Financial Statements

for the Period Ended 28 February 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

CRAFTA CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    13 months to 28 February 2025
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

CRAFTA CIC

Company Number: 15474241 (England and Wales)

Year Ending: 28 February 2025

Company activities and impact

This statement outlines the activities and key impacts of our community groups (for instance Moorings Sociable Club, creative crafts club in Thamesmead), which provide a supportive and creative space for their members. --- Activities Our groups are vibrant, intergenerational, and inclusive drop-in spaces focused on textile arts. We provide a holistic environment where individuals can engage in various crafts, including knitting, crochet, quilting, embroidery, and patchwork. Sessions are facilitated by an expert tutor who assists in developing skills at a comfortable pace. Key activities include: * **Skill-Sharing and Workshops:** Members are encouraged to share their skills by running workshops on topics such as quilting, beading, and macrame. We also host professional guest workshops to introduce new textile art forms. * **Creative Collaboration:** Our groups foster a collaborative spirit, with members working together on projects and sharing their progress during regular "show and tell" sessions. We have also collaborated with external artists on installations like "Hidden Voices." * **Community Engagement:** Our groups serve as a hub for local news and events, and we are now working towards planning a community event to showcase our members' work. A new initiative has been launched by two members to raise money for food poverty. --- Impact The primary objective of the groups is to combat loneliness and isolation, particularly among older adults, and their impact has been significant and deeply personal for our members. Key impacts include: * **Alleviating Loneliness and Isolation:** Our groups provide a crucial and valued space for social connection. For some members, this is the only social interaction they have all week. The environment is described as a safe, holistic, and inclusive space where people feel valued. * **Fostering Friendships and Social Cohesion:** A key measure of success is the deep friendships that have formed within the groups, with members meeting outside of regular sessions. Laughter and conversation are defining features of the sessions. * **Building Confidence and Well-being:** Participants have reported significant increases in confidence, with some even going on to lead their own workshops or plan their own community-based business initiatives. The shared creative process helps members cope with challenges like chronic pain, bereavement, and other health concerns. * **Skill Development:** Members, including those recovering from health issues, have shown remarkable progress in their creative skills. The ability to learn and teach new skills to others is a major benefit for both new and long-time participants.

Consultation with stakeholders

No consultation with stakeholders

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
1 September 2025

And signed on behalf of the board by:
Name: S. Becker
Status: Director