DRIVEN MINDS CIC

Company limited by guarantee

Company Registration Number:
15444678 (England and Wales)

Unaudited statutory accounts for the year ended 30 January 2025

Period of accounts

Start date: 26 January 2024

End date: 30 January 2025

DRIVEN MINDS CIC

Contents of the Financial Statements

for the Period Ended 30 January 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

DRIVEN MINDS CIC

Balance sheet

As at 30 January 2025

Notes 2025


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 1,282
Investments:   0
Total current assets: 1,282
Net current assets (liabilities): 1,282
Total assets less current liabilities: 1,282
Creditors: amounts falling due after more than one year: 3 ( 1,155 )
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 127
Members' funds
Profit and loss account: 127
Total members' funds: 127

The notes form part of these financial statements

DRIVEN MINDS CIC

Balance sheet statements

For the year ending 30 January 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 13 October 2025
and signed on behalf of the board by:

Name: Nicholas Ramsay-Gough
Status: Director

The notes form part of these financial statements

DRIVEN MINDS CIC

Notes to the Financial Statements

for the Period Ended 30 January 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

DRIVEN MINDS CIC

Notes to the Financial Statements

for the Period Ended 30 January 2025

  • 2. Employees

    2025
    Average number of employees during the period 0

DRIVEN MINDS CIC

Notes to the Financial Statements

for the Period Ended 30 January 2025

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

2025
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 1,155
Total 1,155

COMMUNITY INTEREST ANNUAL REPORT

DRIVEN MINDS CIC

Company Number: 15444678 (England and Wales)

Year Ending: 30 January 2025

Company activities and impact

The CIC operates online and at UK Race Tracks, increasing awareness of Mental Health issues and raising funds to provide free Mental Health First Aid Training to Marshals, photographers, racers, mechanics and staff at UK Motorsport events. The CIC commenced work in January 2024. During the financial year 2024-2025, the CIC's activities have benefited the community in the following ways: - Provided Mental Health First Aid Training courses to 40 members of the community for free. - Booked a further 20 Mental Health First Aid Training Courses to be made available for Motorsport Marshals. - Provided awareness, teaching and a platform for open conversation at 6 events at race circuits including a specific TrackWalk and Talk event at Oulton Park attended by 200 people. - Held an online virtual 6-hour Sim race which was live streamed, to raise awareness of the cause and raise funds for a Marshal Mental Health First Aid Training 'drive'. - Sponsored an online Discord motorsport community to provide them with two Mental Health First Aid trained moderators to support the welfare of their members.

Consultation with stakeholders

The CIC's stakeholders are Driven Minds Ambassadors, and Marshals, Photographers, Mechanics, Managers, Clerks, Officials and Racers within the motorsport community. The directors of the company have worked and raced in The Motorsport Community for a number 15+ years and developed the idea of helping community members with their mental health after speaking with members of the community and realizing how many people could benefit from Mental Health support. We provide an avenue for continuous conversation and feedback through our 20+ ambassadors who each work and operate in different areas within motorsport and are able to comment on where we could help more within their specific field to help people in that area.

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
13 October 2025

And signed on behalf of the board by:
Name: Nicholas Ramsay-Gough
Status: Director