ASPIRING FUTURES C.I.C.

Company limited by guarantee

Company Registration Number:
07254919 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

ASPIRING FUTURES C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

ASPIRING FUTURES C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 444,197 266,043
Gross profit(or loss): 444,197 266,043
Administrative expenses: ( 446,956 ) ( 267,663 )
Operating profit(or loss): (2,759) (1,620)
Interest receivable and similar income: 2,759 2,501
Interest payable and similar charges: ( 881 )
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

ASPIRING FUTURES C.I.C.

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 7,755 10,496
Total fixed assets: 7,755 10,496
Current assets
Debtors: 4 2,056 1,457
Cash at bank and in hand: 292,050 187,050
Total current assets: 294,106 188,507
Creditors: amounts falling due within one year: 5 ( 301,861 ) ( 199,003 )
Net current assets (liabilities): (7,755) (10,496)
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

ASPIRING FUTURES C.I.C.

Balance sheet statements

For the year ending 31 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.

This report was approved by the board of directors on 3 October 2025
and signed on behalf of the board by:

Name: Sofia Haider
Status: Director

The notes form part of these financial statements

ASPIRING FUTURES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 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

    Turnover policy

    Turnover is grants receivable from organisations that support the CIC

    Tangible fixed assets depreciation policy

    Fixtures and Fittings 25 percent Reducing Balance Computer Equipment 20 percent Straight Line

ASPIRING FUTURES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 15 15

ASPIRING FUTURES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 28,350 8,099 36,449
Additions
Disposals
Revaluations
Transfers
At 31 March 2025 28,350 8,099 36,449
Depreciation
At 1 April 2024 23,866 2,087 25,953
Charge for year 1,121 1,620 2,741
On disposals
Other adjustments
At 31 March 2025 24,987 3,707 28,694
Net book value
At 31 March 2025 3,363 4,392 7,755
At 31 March 2024 4,484 6,012 10,496

ASPIRING FUTURES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Trade debtors 1,056 237
Prepayments and accrued income 1,000 1,220
Total 2,056 1,457

ASPIRING FUTURES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 3,142 1,333
Taxation and social security 4,191 4,227
Accruals and deferred income 294,528 192,273
Other creditors 1,170
Total 301,861 199,003

ASPIRING FUTURES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Financial Commitments

The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of winding up, such an amount as may be required not exceeding £1

COMMUNITY INTEREST ANNUAL REPORT

ASPIRING FUTURES C.I.C.

Company Number: 07254919 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Aspiring Futures supports women and girls to ‘Aspire for Better’ and improve their quality of life. We carry out our services under the following broad themes. Improved economic prospects Our aim is to provide the highest quality information, advice, guidance, training and personal development opportunities, to help women improve their economic futures. We do this by offering a range of learning opportunities (ESOL, literacy and numeracy, CV and job search, functional skills) through one-to-one mentoring, coaching and group sessions to remove barriers and assist progression into employment, education, training or volunteering. Improved health and mental wellbeing Our aim is to promote health and wellbeing and tackle loneliness, also to provide relief of mental and physical stresses and disorders of persons suffering from depression, distress, self-harm, family problems or breakdown, bereavement or loss. We do this by providing opportunities to connect with others, improve health and develop life skills through self-care guidance, food and mood workshops, physical activities, arts and crafts, ESOL, befriending support, mental health workshops, peer support, family activities, and community events. We offer 1-2-1 counselling, group counselling, bereavement support etc. There was significant improvement in self-image, self-worth and self-esteem amongst service users. 81% felt less tense, anxious, nervous or on edge after counselling, 84% felt less down, depressed, hopeless or unhappy during counselling Resilient children and families Our aim is to offer safe and comfortable activities for children to grow and become confident, resilient and healthy. During the last 12 months we have offered various services at different locations in the city such as Half term clubs, family activities, stay and play and counselling.

Consultation with stakeholders

During 2024 to 2025 we have reviewed our strategic direction to see that our services reflect our mission and values. We have utilised various engagement methods to engage with stake-holders for example networking meetings, regular meetings with the leaders of other voluntary and community sector, partnership building with new partners in the City and in Black Country through joint project delivery. Staff have been engaged through weekly staff meetings, get togethers, 1-2-1 supervision meetings. Volunteers and service beneficiaries have been engaged through regular in-person services, and remote services including bespoke training opportunities. We also held events throughout the year to bring communities together and to improve stake-holder involvement in our services through advisory group feedback, informal discussions and questionnaires; as a result adding on our existing services to cater for community need some of the examples are dress making, mental health short courses, hate crime reporting and raising awareness of domestic abuse

Directors' remuneration

The aggregate amount of remuneration paid to directors in respect of qualifying services are £ 56,641. 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
17 October 2025

And signed on behalf of the board by:
Name: Sofia Haider
Status: Director