STOUR TRUST CIC

Company limited by guarantee

Company Registration Number:
12282134 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

STOUR TRUST CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

STOUR TRUST CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 574,382 372,482
Cost of sales: ( 41,458 ) ( 36,221 )
Gross profit(or loss): 532,924 336,261
Administrative expenses: ( 531,647 ) ( 335,825 )
Operating profit(or loss): 1,277 436
Profit(or loss) before tax: 1,277 436
Tax: ( 243 ) ( 109 )
Profit(or loss) for the financial year: 1,034 327

STOUR TRUST CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 5,997 1,400
Total fixed assets: 5,997 1,400
Current assets
Debtors: 4 5,252 3,844
Cash at bank and in hand: 110,574 34,527
Total current assets: 115,826 38,371
Creditors: amounts falling due within one year: 5 ( 6,228 ) ( 8,228 )
Net current assets (liabilities): 109,598 30,143
Total assets less current liabilities: 115,595 31,543
Accruals and deferred income: ( 72,694 ) 0
Total net assets (liabilities): 42,901 31,543
Members' funds
Profit and loss account: 42,901 31,543
Total members' funds: 42,901 31,543

The notes form part of these financial statements

STOUR TRUST CIC

Balance sheet statements

For the year ending 31 October 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 30 July 2025
and signed on behalf of the board by:

Name: Juliet Can
Status: Director

The notes form part of these financial statements

STOUR TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 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, net of discounts and value added taxes. Turnover includes revenue earned from sales of good or rendering services. Turnover is reduced for estimated customer returns, rebated and similar. allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives.

STOUR TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 4

STOUR TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 5,600 5,600
Additions 5,997 5,997
Disposals
Revaluations
Transfers
At 31 October 2024 11,597 11,597
Depreciation
At 1 November 2023 4,200 4,200
Charge for year 1,400 1,400
On disposals
Other adjustments
At 31 October 2024 5,600 5,600
Net book value
At 31 October 2024 5,997 5,997
At 31 October 2023 1,400 1,400

STOUR TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors

2024 2023
£ £
Trade debtors 5,252 3,844
Total 5,252 3,844

STOUR TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 2,002 3,786
Taxation and social security 2,412 2,590
Other creditors 1,814 1,852
Total 6,228 8,228

COMMUNITY INTEREST ANNUAL REPORT

STOUR TRUST CIC

Company Number: 12282134 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Stour Trust's Mission is to democratise access to land, builds and spaces using an equity and racial justice lens. We aim to support neighbourhood wide transformation through the building of infrastructure that supports social, economic and environmental outcomes. Stour Trust supports creative, artistic and cultural outputs through provision of exhibition spaces, business support, resources, skills development and opportunities. We protect community and cultural buildings through campaigning, movement building policy change. We develop employment and training opportunities for under-represented communities, artists and leaders. Influence regeneration through democratic processes and community led responses and expertise. We also partner with developers and local authorities to secure assets in perpetuity to sustain the delivery of community led activities and priorities. Our work in 2023/2024 Affordable space: Stour Trust has continued to offer affordable studios to artists and community members through provision of studio spaces across East London. We have also supported six other organisations to secure buildings for community use through policy and strategy support. Stour Trust continues to engage closely with local authorities across London to influence their regeneration and planning policies towards a more equitable approach. Policy: Stour Trust has worked with the London Mayor's office to support culture and community assets at risk and retain affordability across London.We held 12 workshops with local community groups to support their asset strategy and community engagement.We have supported campaigns and policy development through talks, research and network development. Land Justice: Stour Trust is working to develop equitable models of land stewardship, using Localism and other policies to empower communities to retain assets and acquire long term stewardship of those assets. We work in coalition with other organisations within the Land Justice Network to share knowledge, conduct research and develop pathways to mitigate impacts of gentrification and commodification of property.. Network Building We work in ecosystems of networks local, national and globally. This includes Mycelial Network of community asset developers, Community Land Trust networks, Social Housing and Land Justice Networks, CAN network, Universities . We use these ecosystems and relationships of solidarity and movement building through talks, conferences, symposiums and learning journeys Art and Creativity. We believe arts and culture are fundamental tools for social justice, we therefore support and promote creatives, artistic and cultural sectors through provision of exhibition spaces, business support, resources, skills development and opportunities. Equity and Power We believe power should be shared and accessible to all, we therefore promote social inclusion and community engagement practices. We have supported citizen scientists to map and research their local communities to evidence the gap between regeneration and local people's needs. This resulted in key evidence around lack of local infrastructure, gaps in provision that allows local people to lead on their solutions to local issues, a feeling of being ignored by decision makers and lack of trust in a joint vision for their community's future.

Consultation with stakeholders

Stour Trust's stakeholders are tenants, artists or community members served by our spaces. Our wider community and local partners such as other network members, the local authority and education institutions. We hold bi-yearly consultations to gather input & feedback on our priorities. Tools we use to make consultation accessible and engaging are local co-designed events, online surveys, one- to -ones and Zoom meetings, a bi monthly newsletter also goes out to members to keep them updated on projects and communicate any upcoming events. The Trust also has a Community Network Driver to activate focus groups to ensure maximum community interaction that can feed into our work.

Directors' remuneration

The total amount received by directors in respect of services to the CIC is £38, 880. There are no other transactions or arrangements in connection with the remuneration of directors or compensation for director's loss of office. - which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Juliet Can
Status: Director