FR33 TO DREAM CIC

Company limited by guarantee

Company Registration Number:
15095072 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 24 August 2023

End date: 31 August 2024

FR33 TO DREAM CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Additional notes
Community Interest Report

FR33 TO DREAM CIC

Balance sheet

As at 31 August 2024

Notes 2024


£
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: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

FR33 TO DREAM CIC

Balance sheet statements

For the year ending 31 August 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 18 October 2024
and signed on behalf of the board by:

Name: Papa Kwame Amponsa
Status: Director

The notes form part of these financial statements

FR33 TO DREAM CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

FR33 TO DREAM CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

FR33 TO DREAM CIC

Company Number: 15095072 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

During the financial year, FR33 TO DREAM CIC has continued to focus on developing creative and educational opportunities for the local community particularly for youth and young adults interested in careers within the performing arts, music management, media, and education sectors. Over the past two years, the organisation has actively applied for external funding to deliver community-based projects and workshops aimed at nurturing creative talent and improving employability skills. Despite several unsuccessful applications to the National Lottery Fund and the Deptford Fund, the CIC has remained committed to its mission of empowering young people through creativity and personal development. The directors have used this period to strengthen partnerships, refine project proposals, and explore sustainable income streams to support future delivery. The organisation continues to engage with local stakeholders and creative practitioners to ensure that, once funding is secured, the workshops will have a meaningful and lasting impact on the community.

Consultation with stakeholders

FR33 TO DREAM CIC has engaged directly with a range of local stakeholders, including parents, young people, and staff from nearby colleges and sixth forms, particularly those with an interest in the performing arts, music industry, and media sectors. Through community conversations, informal focus groups, and feedback gathered during outreach visits to schools and local events, we have been able to identify the key challenges facing youth and young adults in our area. This consultation process has been instrumental in aligning our proposed projects with the actual needs of the community, helping us strengthen the focus and relevance of our grant and funding applications. From our research and engagement with approximately 60 parents and over 100 students and young adults, we discovered that a significant proportion (around 40%) come from single-parent households who often feel the strain of trying to support their children’s creative ambitions while managing financial and time pressures. Parents expressed concern that their children lack accessible creative opportunities and professional guidance outside of school or college settings. We also found that around 70% of the young people consulted felt that, beyond formal education, there are very few productive or structured activities available to help them explore or build careers in the creative industries. This gap often leads to frustration, loneliness, and in some cases, declining mental health and disengagement from education. Some parents and teachers also raised concerns about increased vulnerability to negative peer influence and potential gang involvement due to this lack of creative and developmental outlets. This feedback has reinforced our mission to create accessible, skill-based programmes and workshops designed to inspire, educate, and empower young people through creativity, while also providing relief for parents and positive engagement for the wider community.

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
18 October 2025

And signed on behalf of the board by:
Name: Papa Kwame Amponsa
Status: Director