TRUE FORM PROJECTS C.I.C.

Company limited by guarantee

Company Registration Number:
08044805 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 29 February 2024

End date: 28 February 2025

TRUE FORM PROJECTS C.I.C.

Contents of the Financial Statements

for the Period Ended 28 February 2025

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

TRUE FORM PROJECTS C.I.C.

Directors' report period ended 28 February 2025

The directors present their report with the financial statements of the company for the period ended 28 February 2025

Principal activities of the company

Principal activity of the company during the financial year was that of providing community interest services by getting grants from the government and other institutes.



Directors

The director shown below has held office during the whole of the period from
29 February 2024 to 28 February 2025

Faisal Hussain

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
29 November 2025

And signed on behalf of the board by:
Name: Faisal Hussain
Status: Director

TRUE FORM PROJECTS C.I.C.

Profit And Loss Account

for the Period Ended 28 February 2025

2025 2024


£
£
Cost of sales: ( 33,076 ) ( 37,201 )
Gross profit(or loss): (33,076) (37,201)
Distribution costs: ( 403 ) ( 582 )
Administrative expenses: ( 46,463 ) ( 45,952 )
Other operating income: 82,356 79,978
Operating profit(or loss): 2,414 (3,757)
Profit(or loss) before tax: 2,414 (3,757)
Profit(or loss) for the financial year: 2,414 (3,757)

TRUE FORM PROJECTS C.I.C.

Balance sheet

As at 28 February 2025

Notes 2025 2024


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,148 3,401
Total fixed assets: 3,148 3,401
Current assets
Cash at bank and in hand: 6,309 3,067
Total current assets: 6,309 3,067
Creditors: amounts falling due within one year: 4 ( 8,784 ) ( 8,210 )
Net current assets (liabilities): (2,475) (5,143)
Total assets less current liabilities: 673 ( 1,742)
Total net assets (liabilities): 673 (1,742)
Members' funds
Profit and loss account: 673 ( 1,742)
Total members' funds: 673 (1,742)

The notes form part of these financial statements

TRUE FORM PROJECTS C.I.C.

Balance sheet statements

For the year ending 28 February 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.

This report was approved by the board of directors on 29 November 2025
and signed on behalf of the board by:

Name: Faisal Hussain
Status: Director

The notes form part of these financial statements

TRUE FORM PROJECTS C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net ofValue Added Tax and trade discounts.

    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 on the following basis: Computer Equipment 25% Straight Line

TRUE FORM PROJECTS C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 1 1

TRUE FORM PROJECTS C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 29 February 2024 9,804 9,804
Additions 2,931 2,931
Disposals
Revaluations
Transfers
At 28 February 2025 12,735 12,735
Depreciation
At 29 February 2024 6,403 6,403
Charge for year 3,184 3,184
On disposals
Other adjustments
At 28 February 2025 9,587 9,587
Net book value
At 28 February 2025 3,148 3,148
At 28 February 2024 3,401 3,401

TRUE FORM PROJECTS C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 5,468 6,819
Other creditors 3,316 1,391
Total 8,784 8,210

COMMUNITY INTEREST ANNUAL REPORT

TRUE FORM PROJECTS C.I.C.

Company Number: 08044805 (England and Wales)

Year Ending: 28 February 2025

Company activities and impact

The company has archived over 3000 items the largest and oldest collection of records for archive in audio, video and other media of different diasporic communities in the UK. We have also created a website showing what we have done and how the public can access the collection. The collection is to be used in libraries and and other venues as well as for the creation of artworks. We now hold the largest vinyl collections of South Asian music in the UK. This year, True Form Projects CIC has fulfilled its obligations to finish archiving and exhibit parts of a rare record collection and engaging communities in the collection of oral histories, showing the archive of the old shop and organisation that housed the collection initially. We have also been working with over 6 other partners, including Birmingham University and Birmingham museum and Art Gallery, Manchester Museum, South Bank and local libraries in Handsworth and Nottingham, exhibiting the work and developing new projects for beyond March when our funding finishes. The company is still developing a number of applications and is hopeful for success. A number of new partners including The British Library, University of Birmingham, Manchester Museum, local smaller community organisations such as Moseley Road Baths, Moseley School of Art, Print works and The Gap based in Balsall Heath and Handsworth Library where the collection originatestogetehr with numerous workshops and training on Oral History and collage.We have also been approached by other organisations about their archive and the possibility to work with them on the creation ofnew archives and colelctions.

Consultation with stakeholders

The company has new employees, one working as Project Manager and the other working in clearances and co-ordination with the Director taking up partial development role of the company overseeing a development plan 2025/27. The company still has a small professional steering group comprising of different professionals including a university lecturer, heritage and copyright manager, a writer and equalities consultant, and director of a film festival. We are still actively looking for new advisory board member as the CCI moves into different ventures and partnerships in education and arts and heritage. We require several training opportunities and also the consideration of a commercial offer for which we need some guidance form the ombudsman. The CIC has managed to be shortlisted for a national award as well as being covered by a number of TV stations and Newspapers with its work. The partnerships continue to grow with an additional project with Birmingham University and Birmingham Museum and Art Gallery. We have also been on BBC Radio 3 times since our last report and have spoke about the project at several universities to do with new collection and their curation.

Directors' remuneration

The total fees paid to or receivables to a director in respect of project management and any other services required by the CIC was£20000.There were no other transactions or arrangements in connection with the remuneration of Directors, or compensation for any other voluntary services to the company, which require disclosure.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Faisal Hussain
Status: Director