SAVING TOMORROW CIC

Company limited by guarantee

Company Registration Number:
12956662 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

SAVING TOMORROW CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

SAVING TOMORROW CIC

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

Principal Activities The principal activity of the Company during the year was the provision of administrative and business support services, including office management, correspondence handling, records maintenance, and compliance support. The Company also assisted clients with project coordination, financial processing, and team support tasks. There were no significant changes in the nature of these activities during the year.

Company policy on disabled employees

Policy on Disabled Employees The Company recognises the importance of equality and inclusion and is committed to supporting employees with disabilities. It is our policy to ensure that disabled persons are afforded equal opportunities in recruitment and employment, and that reasonable adjustments are made to enable them to perform their duties effectively. Should an employee become disabled during the course of their employment, the Company will make every effort to adapt their role or provide suitable alternative employment. Training and career development opportunities are available to all staff on an equal basis, and the Company seeks to promote an inclusive workplace culture where diversity is valued and respected.



Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 31 October 2024

GHOUILA, Sharon Elizabeth
 Dr Shabnam DELFANAZARI
 SEARSTON, Ladell Diana

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
30 July 2025

And signed on behalf of the board by:
Name: Dr Shabnam DELFANAZARI
Status: Director

SAVING TOMORROW CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£
£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): 0 0
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 0 0
Tax: 0 0
Profit(or loss) for the financial year: 0 0

SAVING TOMORROW CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

SAVING TOMORROW CIC

Balance sheet statements

For the year ending 31 October 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 30 July 2025
and signed on behalf of the board by:

Name: Dr Shabnam DELFANAZARI
Status: Director

The notes form part of these financial statements

SAVING TOMORROW CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Other accounting policies

    In addition to the principal accounting policies described elsewhere in these financial statements, the following specific policies have been applied: Tangible Fixed Assets Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, over their expected useful lives, on a straight-line basis. Intangible Assets Intangible assets, such as software licenses, are capitalised at cost and amortised on a straight-line basis over their estimated useful lives. Debtors Debtors are recognised at the amounts expected to be received, less any necessary provision for bad and doubtful debts. Creditors Creditors are recognised for amounts owed at the balance sheet date and are stated at their settlement value. Cash and Cash Equivalents Cash and cash equivalents include cash in hand and deposits held at call with banks, together with other short-term, highly liquid investments with maturities of three months or less. Employee Benefits Short-term employee benefits, including wages, salaries, and social security contributions, are recognised as an expense in the period in which the employees render service to the Company. Leases Operating lease rentals are charged to the profit and loss account on a straight-line basis over the lease term.

SAVING TOMORROW CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

SAVING TOMORROW CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Financial Commitments

At the balance sheet date, the Company had the following financial commitments: Operating Lease Commitments The Company had total commitments under non-cancellable operating leases as follows: Within one year: £0.00 Between two and five years: £0.00-5,000.00 Over five years: £10,000.00 Capital Commitments At the year end, the Company had contracted capital commitments amounting to £0, 2024-2025: £0.00 for the purchase of assets/equipment, which had not been provided for in the financial statements.

SAVING TOMORROW CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
NO LOAN BEING GIVEN TO ANY DIRECTORS
£
Balance at 31 October 2023
Advances or credits made:
Advances or credits repaid:
Balance at 31 October 2024 0

No loans, quasi-loans, or guarantees were made to or on behalf of any director during the year, and no balances were outstanding at the year end.

SAVING TOMORROW CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Off balance sheet arrangements

The Company has entered into non-cancellable operating lease agreements for office premises, which are not recognised on the balance sheet. Future minimum lease payments under these leases total £0.00. No other off-balance sheet arrangements exist.

COMMUNITY INTEREST ANNUAL REPORT

SAVING TOMORROW CIC

Company Number: 12956662 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

THE AIM WAS THE COMPANY HELP THE COMMUNITY AND BENEFIT IT BUT UNFORTUNETLEY WE COIULD NOT SECURE ANY FUNDING AND STRUGGLED TO PROVIDE THE SERVICE DUE TO THIS ISSUE. WE AIM TO CONTINUE TO RAISE SOME FUND TO CONTINUE HELPING THE COMMUNITY

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
30 July 2025

And signed on behalf of the board by:
Name: SHABNAM DELFANAZARI
Status: Director