THE GOOD STORY INITIATIVE CIC

Company limited by guarantee

Company Registration Number:
15208926 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 13 October 2023

End date: 31 October 2024

THE GOOD STORY INITIATIVE CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE GOOD STORY INITIATIVE CIC

Balance sheet

As at 31 October 2024

Notes 13 months to 31 October 2024


£
Fixed assets
Tangible assets: 3 3,318
Total fixed assets: 3,318
Current assets
Cash at bank and in hand: 17,542
Total current assets: 17,542
Creditors: amounts falling due within one year: 4 ( 21,690 )
Net current assets (liabilities): (4,148)
Total assets less current liabilities: (830)
Total net assets (liabilities): (830)
Members' funds
Profit and loss account: (830)
Total members' funds: ( 830)

The notes form part of these financial statements

THE GOOD STORY INITIATIVE 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.

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: V Dvornyk
Status: Director

The notes form part of these financial statements

THE GOOD STORY INITIATIVE 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

    Tangible fixed assets depreciation policy

    Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures & fittings : 20% Reducing Balance

THE GOOD STORY INITIATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    13 months to 31 October 2024
    Average number of employees during the period 2

THE GOOD STORY INITIATIVE 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 £ £ £ £ £ £
Additions 4,148 4,148
Disposals
Revaluations
Transfers
At 31 October 2024 4,148 4,148
Depreciation
Charge for year 830 830
On disposals
Other adjustments
At 31 October 2024 830 830
Net book value
At 31 October 2024 3,318 3,318

THE GOOD STORY INITIATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

13 months to 31 October 2024
£
Other creditors 21,690
Total 21,690

COMMUNITY INTEREST ANNUAL REPORT

THE GOOD STORY INITIATIVE CIC

Company Number: 15208926 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

The company run a variety of arts and crafts classes, a community choir and community events to emotionally support Ukrainian refugees in Bexhill and the Hastings area and connects them with the local community. Previously they organised the cultural event Hope and Compassion for Refugee Week, held at the De La Warr Pavillion. The choir performed, in full national costumes, for the local community. The Volya Choir was also invited to perform at the prestigious Ironmongers’ Hall. This was the first time that a performance received a full-house standing ovation. They also have wellbeing and emotional support services: a volunteer psychologist, an expressive arts tutor and earlier they ran journaling and creative writing classes. For children, they have weekly Ukrainian language classes. All activities are run by volunteers. This includes members buying materials for costumes and ingredients for the celebratory community events when they serve local audiences with Ukrainian food. The Good Story Bistro is a sustainable and affordable dining experience offering a curated, seasonal menu featuring healthy soup and bagels. They are commitment to sourcing locally and prioritizing sustainability sets them apart.

Consultation with stakeholders

We consider our stakeholders to be the local community and the organisations who have provided grant funding. Connection with the community is largely via The Good Story Bistro which gives the organisation a physical presence where the community can meet. There are also various events through the year. Providers of grant funding have their own requirements of monitoring how their funds are used and the CIC is in contact with them to meet these requirements.

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: V Dvornyk
Status: Director