STEAM COLLABORATION CIC

Company limited by guarantee

Company Registration Number:
10376457 (England and Wales)

Unaudited statutory accounts for the year ended 30 March 2025

Period of accounts

Start date: 1 April 2024

End date: 30 March 2025

STEAM COLLABORATION CIC

Contents of the Financial Statements

for the Period Ended 30 March 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

STEAM COLLABORATION CIC

Balance sheet

As at 30 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 40,750 32,957
Total fixed assets: 40,750 32,957
Current assets
Stocks: 4 3,578
Debtors: 5 4,540
Cash at bank and in hand: 1,706 11,661
Total current assets: 6,246 15,239
Creditors: amounts falling due within one year: 6 ( 41,755 ) ( 35,496 )
Net current assets (liabilities): (35,509) (20,257)
Total assets less current liabilities: 5,241 12,700
Total net assets (liabilities): 5,241 12,700
Members' funds
Profit and loss account: 5,241 12,700
Total members' funds: 5,241 12,700

The notes form part of these financial statements

STEAM COLLABORATION CIC

Balance sheet statements

For the year ending 30 March 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.

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 December 2025
and signed on behalf of the board by:

Name: Nick Corston
Status: Director

The notes form part of these financial statements

STEAM COLLABORATION CIC

Notes to the Financial Statements

for the Period Ended 30 March 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

    Valuation information and policy

    The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets

    Other accounting policies

    The accounts are presented in £ sterling.

STEAM COLLABORATION CIC

Notes to the Financial Statements

for the Period Ended 30 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

STEAM COLLABORATION CIC

Notes to the Financial Statements

for the Period Ended 30 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 30,834 3,802 34,636
Additions 7,793 7,793
Disposals
Revaluations
Transfers
At 30 March 2025 38,627 3,802 42,429
Depreciation
At 1 April 2024 1,679 1,679
Charge for year
On disposals
Other adjustments
At 30 March 2025 1,679 1,679
Net book value
At 30 March 2025 38,627 2,123 40,750
At 31 March 2024 30,834 2,123 32,957

STEAM COLLABORATION CIC

Notes to the Financial Statements

for the Period Ended 30 March 2025

4. Stocks

2025 2024
£ £
Stocks 3,578
Total   3,578

STEAM COLLABORATION CIC

Notes to the Financial Statements

for the Period Ended 30 March 2025

5. Debtors

2025 2024
£ £
Trade debtors 4,540
Total 4,540

STEAM COLLABORATION CIC

Notes to the Financial Statements

for the Period Ended 30 March 2025

6. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 1,860 3,616
Accruals and deferred income 31,460 31,460
Other creditors 8,435 420
Total 41,755 35,496

COMMUNITY INTEREST ANNUAL REPORT

STEAM COLLABORATION CIC

Company Number: 10376457 (England and Wales)

Year Ending: 30 March 2025

Company activities and impact

STEAM Collaboration CIC (t/a STEAM Co.) believes we must help our children dream, aim high and find their passion, their art. We’re on a mission to inspire a million kids to aim higher than high in life, powered by their creativity and our communities. We help connect our kids with their art and our communities with their schools by running creativity days. We see art as the combination of creativity, technology and people. Their art could be painting or photography, dance or DJing, cooking or coding, robots or rockets. We campaign, inspire and action art to inspire their education, create careers and connect communities. The period 2024-25 saw us build on our #SteamPower24 year using our past to inspire all our futures, which underpinned #Railway25 year as part of the national celebration of 200 years of the Railways. This saw us: Launch the world’s smallest model railway exhibition at Lands End Start to co-create the world’s biggest model railway at Trevithick Day in Cornwall Run railway themed days in schools Encourage people to donate old, unwanted model railways to schools A film we made of this activity with the BBC is available to view here: bit.ly/SCORWY25film We delivered creativity talks and days in schools communities across the UK funded both from school funds., as well as parental/carer and donations for our activities at fetes and festivals from The Great Estate Festival in Cornwall to Glastonbury Festival where we were given free pitches. Our work has benefitted the community by inspiring children to aim high in life, raising aspiration, promoting creativity and home/community engagement with schools. 100% of head teachers we work with say they would recommend us to other schools. Once again 2024-25 was a particularly tough trading year in terms of income from both donations and schools paying for our work with their budgets under severe pressure. In January 2025 we invested £4k in a paper mailing/with email follow up to all 15k UK primary schools and received just 18 responses that converted to 6 bookings. Yet our work has never been needed more by our children, our communities and our country so we are as determined as ever.

Consultation with stakeholders

Our stakeholders are whole school communities – leaders, teachers, parents, carers and local/national businesses and we have testimonials from all of these as we make films after most of our events and activities. See this film of one of our Railway days in a school in Dorchester: bit.ly/SCORWY25powfs Ongoing surveys in schools we work with show 100% of responding head teachers said they would recommend us to other schools.

Directors' remuneration

Beyond the sole director’s PAYE as disclosed in the accounts, there were 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
18 December 2025

And signed on behalf of the board by:
Name: Nick Corston
Status: Director