GENEROSITY PATH C.I.C.

Company Registration Number:
13095393 (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

GENEROSITY PATH C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

GENEROSITY PATH C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Turnover: 104,729
Cost of sales: ( 104,342 )
Gross profit(or loss): 387
Administrative expenses: ( 295 )
Operating profit(or loss): (295) 387
Profit(or loss) before tax: (295) 387
Tax: ( 74 )
Profit(or loss) for the financial year: (295) 313

GENEROSITY PATH C.I.C.

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Current assets
Cash at bank and in hand: 520 889
Total current assets: 520 889
Creditors: amounts falling due within one year: 3 ( 74 )
Net current assets (liabilities): 520 815
Total assets less current liabilities: 520 815
Total net assets (liabilities): 520 815
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 420 715
Total Shareholders' funds: 520 815

The notes form part of these financial statements

GENEROSITY PATH C.I.C.

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.

This report was approved by the board of directors on 5 August 2025
and signed on behalf of the board by:

Name: Lucy McDonald
Status: Director

The notes form part of these financial statements

GENEROSITY PATH C.I.C.

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

GENEROSITY PATH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 1

GENEROSITY PATH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Creditors: amounts falling due within one year note

  2023
  £
Taxation and social security 74
Total   74

COMMUNITY INTEREST ANNUAL REPORT

GENEROSITY PATH C.I.C.

Company Number: 13095393 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

For the financial year, Generosity Path continued its role to start conversations about generosity among Christians. The organisation continues to grow globally and we’re seeing more people than ever before engage with us and our retreats. The work is having a lot of impact internationally and Generosity Path is flourishing.

Consultation with stakeholders

Maclellan Center for Global Christian Education (DBA: Generosity Path) our US entity and a report was provided about the global entity.

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
5 August 2025

And signed on behalf of the board by:
Name: Lucy McDonald
Status: Director