UMBRELLA HUGS CIC

Company limited by guarantee

Company Registration Number:
14368928 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

UMBRELLA HUGS CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

UMBRELLA HUGS CIC

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 0 769
Investments:   0 0
Total fixed assets: 0 769
Current assets
Cash at bank and in hand: 3,271 7,531
Total current assets: 3,271 7,531
Net current assets (liabilities): 3,271 7,531
Total assets less current liabilities: 3,271 8,300
Creditors: amounts falling due after more than one year: 4 ( 1,449 )
Provision for liabilities: ( 163 )
Total net assets (liabilities): 1,822 8,137
Members' funds
Profit and loss account: 1,822 8,137
Total members' funds: 1,822 8,137

The notes form part of these financial statements

UMBRELLA HUGS CIC

Balance sheet statements

For the year ending 30 September 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 17 July 2025
and signed on behalf of the board by:

Name: Diane Richards
Status: Director

The notes form part of these financial statements

UMBRELLA HUGS CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

UMBRELLA HUGS CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

UMBRELLA HUGS CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 769 769
Additions
Disposals
Revaluations
Transfers
At 30 September 2024 769 769
Depreciation
At 1 October 2023 0 0
Charge for year 769 769
On disposals
Other adjustments
At 30 September 2024 769 769
Net book value
At 30 September 2024 0 0
At 30 September 2023 769 769

UMBRELLA HUGS CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Creditors: amounts falling due after more than one year note

2024
£
Other creditors 1,449
Total 1,449

COMMUNITY INTEREST ANNUAL REPORT

UMBRELLA HUGS CIC

Company Number: 14368928 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Umbrella Hugs CIC runs activities to benefit of all residents of Middlesbrough and the surrounding area of Teesside. Engaging with all elements of the local community, using practical skills to provide, a range of activities where they will gain knowledge around Physical & mental well-being, the environment both, local & wider surrounding areas and local History. We registered in September 2022. During the financial year September 2022 to September 2023, we started delivery of most of sessions or workshops in March 2023,when we received two funding amounts; one from Awards for All with the National lottery and Thirteen Group. Additionall funding continued from October 2023 to present. Previous to these we worked delivering odd sessions directly with 3 other organisations. The delivery of sessions and workshops has benefited the community in the following ways: -Educated school local children on the history and things to be proud of in their area -Educated Children in local out of school group in a severely deprived area of Middlesbrough on the positives in their area, history creating a sense of pride and inspiration -Shared stories and lived experience of growing up and embracing changes with positivity within an independent living area for elderly residents. -Engaged with those who were socially isolated, especially with older residents -Inspired intergenerational groups to come together within the community. -Worked with 5 diverse identified groups with little support or engagement with wider community. Umbrella Hugs CIC have also worked collaboratively with a number of other organisations and establishments, providing artistic workshops with local schools, environmental workshops with Tees Valley Wildlife Trust and local history projects with residents for Young @ Heart. Also physical and mental well-being sessions with local colleges for students, Young @ heart for over SS's, Umbuntu Multi-cultural CIC with children from diverse backgrounds , Billingham Well-being Group for those struggling with social isolation, anxiety and improving physical health, Groundworks with young adolescents giving them skills to gain employment and Big Local - Roseworth with their residents.

Consultation with stakeholders

The companies stakeholders are the residents who attend any of the activities which we provide in the local area or surrounding areas of Teesside. Also the individual organistaions with which we work. We consulted with Thirteen Group (local Council), who's local community research had identified a need of bridging the intergenerational gap between local residents both young and old also the need to feel positive about the local area in which they live. This was in preparation for starting in April with delivery of activities. Following on from interaction with groups we have continued to deliver the activities which they needed or requested as needed. We ask each group to fill in an evaluation sheet of attended activities, to see if objectives for session had been met also how they could be improved or what they would like to take part in. We are constantly speaking to residents and attendees in sessions to see how we can improve practice or bring new things for them to be a part of within the community and to identify future needs.

Directors' remuneration

The aggregate amount of emoluments paid to directors of the CIC in respect of qualifying services did not take place until March 2023 of £12,147.00 and £8,076 (October 2023 – September 2024) and is for continued delivery. Other transactions in connection with directors with remuneration are for collaborative working with other organisations (as mentioned in Part 1), where an organisation pays for delivery of a single session or block of sessions from Umbrella Hugs CIC.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 July 2025

And signed on behalf of the board by:
Name: Diane Richards
Status: Director