THE SOUTHAMPTON COLLECTIVE CIC

Company limited by guarantee

Company Registration Number:
09957329 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

THE SOUTHAMPTON COLLECTIVE CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE SOUTHAMPTON COLLECTIVE CIC

Directors' report period ended 31 December 2024

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

Principal activities of the company

Financial and organisational support for community events, alongside primarily unpaid business and community development activities.



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Clare Diaper
Amanda Sephora Dyke
Rebecca Mary Kinge
Katherine Rachel Campostori


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 September 2025

And signed on behalf of the board by:
Name: Rebecca Mary Kinge
Status: Director

THE SOUTHAMPTON COLLECTIVE CIC

Balance sheet

As at 31 December 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: 3 7,375 0
Cash at bank and in hand: 8,151 17,994
Investments:   0 0
Total current assets: 15,526 17,994
Prepayments and accrued income: 179 161
Creditors: amounts falling due within one year: 4 ( 10,805 ) ( 13,957 )
Net current assets (liabilities): 4,900 4,198
Total assets less current liabilities: 4,900 4,198
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): 4,900 4,198
Members' funds
Profit and loss account: 4,900 4,198
Total members' funds: 4,900 4,198

The notes form part of these financial statements

THE SOUTHAMPTON COLLECTIVE CIC

Balance sheet statements

For the year ending 31 December 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.

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 30 September 2025
and signed on behalf of the board by:

Name: Rebecca Mary Kinge
Status: Director

The notes form part of these financial statements

THE SOUTHAMPTON COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 December 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 for services rendered, net of discounts.

    Other accounting policies

    Basics of Preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through the profit and loss. The Financial Statements are prepared in sterling, which is the functional currency of the entity. Judgement and key sources of estimation uncertainty The preparation of the financial statements requires management to take judgments, estimates and assumptions that affect the amounts reported. These estimates and judgements are continuingly reviewed and are based on experience and other factors, including exceptions or future events that are believed to be reasonable under the circumstances. Taxation The taxation expense represents the aggregated amount of current under third tax recognised in the reporting period taxes recognised in profit or loss, expect to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case taxes recognised in other comprehensive income or directly inequity, representatively. Current taxes recognised on taxable surplus for the current and past periods. Current taxes measured at the amount of tags expected to pay or recover using the tax rate and the laws that have been enacted or substantively enacted at the reporting date. Financial Instruments Financial liabilities and equity instruments are classed according to the substance of the contractual agreement entered into. And equity instrument is any contract that evidenced a residual interest in the asset or the entity after deducting all of its financial liabilities.

THE SOUTHAMPTON COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE SOUTHAMPTON COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 2023
£ £
Trade debtors 7,375 0
Total 7,375 0

THE SOUTHAMPTON COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 2,982 2,982
Other creditors 7,823 10,975
Total 10,805 13,957

COMMUNITY INTEREST ANNUAL REPORT

THE SOUTHAMPTON COLLECTIVE CIC

Company Number: 09957329 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

Our Community Interest Company organises events, activities and projects to promote a healthier, more sustainable Southampton. During the financial year 2024, we benefited the community in the following ways: -We were involved in the delivery of the Southampton Coproduction Corner project in conjunction with Southampton Voluntary Services. This promotes good practice and mutual support around people’s voice when it comes to designing and delivering services. In particular, this has helped public services (local authority services and NHS) and charitable work in Southampton to be focused on local people’s needs and wishes; - We continued with our work with Dead Good Days, which gets people to think, talk and be proactive about death and dying. Several events were held about this topic linked to Dying Matters Awareness Week, some small and intimate, and some larger such as the Dead Good Day Out in May 2024. - We consolidated the establishment the new Southampton Climate Action Network (SoCAN) and we were grateful for a philanthropic donation which supported this work. SoCAN has been helping local people and community organisations to work together and be more cohesive around issues to do with the climate emergency. - In connection with our Southampton Climate Action Network work, we progressed a Participatory Research project in conjunction with University of Southampton about Doughnut Economics. We also received separate funding to organise a workshop about Doughnut Economics and Community Wealth Building in Southampton. This is all about working towards a local economy which helps meet human needs, whilst living within planetary boundaries. There is considerable enthusiasm within Southampton’s communities to make sure that the economy helps local people and natural systems to flourish, rather than be extractive. In terms of outputs, we commissioned a film, which we use to generate more conversation and action on the topics into the future. This work is also informing future actions of Southampton Climate Action Network. -We progressed our project Take Me to the Sea. We ran some workshops in a Southampton care home, to help residents share their memories of the seaside, create artwork and have fun in the process. - We supported the delivery of a series of workshops for Public Art in Riverside Park’s Drawing on the Outside project. - We have provided freelance working opportunities to a number of people, which has helped community-minded residents receive payment for their work. We have also worked with people to build their skills and potential for increased community work in the future.

Consultation with stakeholders

As a community development organisation, we involve local people in all our work, both at design and delivery stage. Our work is participatory, so for example, through Take Me to the Sea and Dead Good Days, people could contribute publicly to creative activities, and in doing so demonstrate what matters to them. Southampton Coproduction Corner was run with continuous dialogue with people about how they would like it to involve, through workshops, surveys and using democratic means such as voting to decide on priorities. Southampton Climate Action Network has run a series of workshops to agree its structure and priorities, and a session on Doughnut Economics, has helped it identify priorities for the future. The workshops delivered through Public Art in Riverside Park (Drawing on the Outside) were a direct response to the wishes of the participants.

Directors' remuneration

Our Directors have been renumerated as consultants to our various projects as follows: Rebecca Kinge for Southampton Climate Action Network (£500.00), Southampton Coproduction Corner (£5,950), Take Me to the Sea (£175.00) and AI workshop (£52.50) totalling £6,677.50 Clare Diaper for Southampton Climate Action Network £1337.50 Mandi Dyke for Southampton Climate Action Network £1,450 Katie Daley-Yates for Drawing on the Outside 850.00 Our Directors undertook tasks associated with running the company on a voluntary basis.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 September 2025

And signed on behalf of the board by:
Name: Rebecca Kinge
Status: Director