THE ACORN PROGRESSION PROJECT CIC

Company limited by guarantee

Company Registration Number:
13730970 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

THE ACORN PROGRESSION PROJECT CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

THE ACORN PROGRESSION PROJECT CIC

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Directors

The director shown below has held office during the whole of the period from
1 December 2023 to 30 November 2024

Sharnelle Simcock


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

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

And signed on behalf of the board by:
Name: Sharnelle Simcock
Status: Director

THE ACORN PROGRESSION PROJECT CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 336,258 206,832
Cost of sales: ( 38,476 ) ( 46,150 )
Gross profit(or loss): 297,782 160,682
Distribution costs: 0 0
Administrative expenses: ( 296,119 ) ( 159,705 )
Other operating income: 0 0
Operating profit(or loss): 1,663 977
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 1,663 977
Tax: ( 144 ) ( 238 )
Profit(or loss) for the financial year: 1,519 739

THE ACORN PROGRESSION PROJECT CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,013 1,254
Investments:   0 0
Total fixed assets: 2,013 1,254
Current assets
Stocks:   0 0
Debtors: 4 19,308 2,973
Cash at bank and in hand: 4,755 29,805
Investments:   0 0
Total current assets: 24,063 32,778
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 25,687 ) ( 35,307 )
Net current assets (liabilities): (1,624) (2,529)
Total assets less current liabilities: 389 ( 1,275)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: ( 383 ) ( 238 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 6 (1,513)
Members' funds
Profit and loss account: 6 ( 1,513)
Total members' funds: 6 (1,513)

The notes form part of these financial statements

THE ACORN PROGRESSION PROJECT CIC

Balance sheet statements

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

Name: Sharnelle Simcock
Status: Director

The notes form part of these financial statements

THE ACORN PROGRESSION PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

    15% reducing balance

THE ACORN PROGRESSION PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 8

THE ACORN PROGRESSION PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 0 0 0 1,328 0 1,328
Additions 0 0 0 1,267 0 1,267
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 November 2024 0 0 0 2,595 0 2,595
Depreciation
At 1 December 2023 0 0 0 74 0 74
Charge for year 0 0 0 508 0 508
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 30 November 2024 0 0 0 582 0 582
Net book value
At 30 November 2024 0 0 0 2,013 0 2,013
At 30 November 2023 0 0 0 1,254 0 1,254

THE ACORN PROGRESSION PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Debtors

2024 2023
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 19,308 2,973
Total 19,308 2,973
Debtors due after more than one year: 0 0

THE ACORN PROGRESSION PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 1
Taxation and social security 3,116 0
Accruals and deferred income 13,340 20,309
Other creditors 9,231 14,997
Total 25,687 35,307

COMMUNITY INTEREST ANNUAL REPORT

THE ACORN PROGRESSION PROJECT CIC

Company Number: 13730970 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

During the financial year, our company has continued to establish itself as a leading service provider dedicated to empowering women and supporting diverse individuals in our community. We have diligently focused on several key activities: Support Services: We have provided tailored support for women transitioning from care settings, escaping difficult situations, or experiencing various forms of homelessness. Our services include safe accommodation, support, and access to essential resources that foster recovery and stability. Empowerment Programs: Our programs are designed to empower individuals, particularly women, by offering skills training, job placement assistance, and workshops that promote self-sufficiency. This year, we have successfully facilitated numerous workshops that have helped participants build confidence and gain valuable skills. Community Engagement: We have actively engaged with local businesses and organisations to foster partnerships that enhance our services. These collaborations have not only strengthened our network but have also created opportunities of support for our residents. Advocacy and Awareness: We have raised awareness about the issues faced by our target demographic, including those navigating immigration challenges and recovering from substance misuse. Our outreach efforts have encouraged more individuals to seek help and have informed the community about the resources available. The impact of our activities has been significant. We have empowered countless individuals to regain control over their lives, thus strengthening the community as a whole. By welcoming everyone and prioritising inclusivity, we have fostered a supportive environment where individuals feel valued and heard. Our commitment to excellence in service provision continues to define our identity and drive our mission forward.

Consultation with stakeholders

Our company recognises the importance of engaging with various stakeholders who are affected by our activities. Our primary stakeholders include: Clients: The women and individuals we serve directly benefit from our services. We actively consult with them through surveys, feedback forms, and informal discussions to understand their needs and experiences. Community Partners: Local organizations, businesses, and nonprofits that collaborate with us are vital stakeholders. We hold regular meetings and workshops to gather insights and feedback on our programs and services. Staff and Volunteers: Our team members play a crucial role in delivering our services. We conduct internal consultations through team meetings and feedback sessions to ensure their voices are heard and valued. Local Authorities: Engaging with local government representatives allows us to stay informed about community needs and policy changes. We participate in community forums and discussions to align our services with local priorities

Directors' remuneration

Mr Barry Platt - £7,920.00 Mrs Sharnelle Simcock - £23,000.00

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Sharnelle Simcock
Status: Director