SEW LONDON PROJECT CIC

Company limited by guarantee

Company Registration Number:
12516866 (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

SEW LONDON PROJECT CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SEW LONDON PROJECT CIC

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The company's principal activity during the year continued to be Teaching young people and adults’ Sustainable responsibility, we help to repurpose lives while reducing Textile waste from going into Landfill through sewing and upcycling health and wellbeing workshops

Political and charitable donations

There were no political donations during the year under review.

Company policy on disabled employees

The CIC is an Equal Opportunities Employer



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Abimbolu Olukemi OLOYEDE
Joy ABOIM
Ade D'ALMEIDA


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
30 December 2025

And signed on behalf of the board by:
Name: Abimbolu Olukemi OLOYEDE
Status: Director

SEW LONDON PROJECT CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 1,567 3,132
Total fixed assets: 1,567 3,132
Current assets
Debtors: 4 698
Cash at bank and in hand: 7,864 14,787
Total current assets: 7,864 15,485
Creditors: amounts falling due within one year: 5 ( 3,247 ) ( 590 )
Net current assets (liabilities): 4,617 14,895
Total assets less current liabilities: 6,184 18,027
Total net assets (liabilities): 6,184 18,027
Members' funds
Profit and loss account: 6,184 18,027
Total members' funds: 6,184 18,027

The notes form part of these financial statements

SEW LONDON PROJECT CIC

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.

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 30 December 2025
and signed on behalf of the board by:

Name: Abimbolu Olukemi OLOYEDE
Status: Director

The notes form part of these financial statements

SEW LONDON PROJECT CIC

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 measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

SEW LONDON PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 1 1

SEW LONDON PROJECT CIC

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 5,321 5,321
Additions
Disposals
Revaluations
Transfers
At 31 March 2025 5,321 5,321
Depreciation
At 1 April 2024 2,189 2,189
Charge for year 1,565 1,565
On disposals
Other adjustments
At 31 March 2025 3,754 3,754
Net book value
At 31 March 2025 1,567 1,567
At 31 March 2024 3,132 3,132

SEW LONDON PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Other debtors 698
Total   698

SEW LONDON PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Other creditors 3,247 590
Total 3,247 590

COMMUNITY INTEREST ANNUAL REPORT

SEW LONDON PROJECT CIC

Company Number: 12516866 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

During the financial year ending 31 March 2025, Sew London Project continued to deliver a range of creative, educational, and environmentally focused activities aimed at reducing tex-tile waste, building practical sewing skills, and supporting local communities through sus-tainable practice. A core focus of the year was the delivery of repair and alteration sewing workshops, both for young people and adults. Through the “Catch Them Young” programme, Sew London Project worked with schools to teach children and young people how to repair and alter their school uniforms and everyday clothing. These workshops promoted sustainability from an early age, helping young people develop practical life skills, confidence, and an understand-ing of how repairing clothing can reduce waste and save money for families. Alongside school-based activity, the organisation delivered a series of adult repair and al-teration workshops, supporting participants to mend, adapt, and extend the life of their own garments. These sessions encouraged a culture of repair over replacement and helped reduce reliance on fast fashion, while also improving wellbeing and self-sufficiency through creative learning. Sew London Project also collaborated with local repair cafes and community repair initia-tives, contributing skills, resources, and facilitation to community-led repair events. These partnerships strengthened local networks, increased access to repair skills, and promoted collective responsibility for reducing waste. Throughout the year, the organisation received approximately 300kg of donated textiles and clothing. These materials were carefully sorted and either repurposed or recycled. A significant proportion was transformed into new, low-cost goods for sale, generating earned income to support the sustainability of the project. Remaining materials were redistributed through free workshops, school programmes, and donations to community groups, en-suring textiles were kept in circulation and diverted from landfill. Overall, Sew London Project’s activities during the year delivered clear environmental bene-fits through waste reduction, while also supporting community learning, skill development, and access to creative, sustainable solutions for everyday clothing repair and reuse. These activities promoted environmental sustainability, skill development, and community well-being, aligning with the mission to foster a circular economy and reduce textile waste.

Consultation with stakeholders

1. Local Community Members - Individuals who participate in workshops, use repair services, or shop online for preloved and rental clothing. 2. Corporate Partners - Businesses such as John Lewis, Loop Recycle, Kindness offensive and others that provide in-kind donations, sponsorships, or collaborate on sustainability initiatives. 3. Local Councils and Grant Providers - Entities like ELWA - East London Waste Authority, the London Borough of Barking and Dagenham, which fund or support projects. 4. Workshop Participants - Those attending sewing, repair, and upcycling training sessions. 5. Employees and Volunteers - Staff and volunteers engaged in daily operations, workshops, and community outreach. Consultation and Response The Sew London Project consults its stakeholders through - Community Feedback - Surveys and verbal input from workshop participants and customers. Feedback has led to the expansion of workshop topics and repair cafe, local organisations, their stakeholders and schools. - Corporate Collaboration - Dialogue with partners like John Lewis, Elwa and Loop recycle has helped improve product sourcing and develop shared sustainability goals. - Local Authority Input - Grants and projects have often been designed or adjusted based on council priorities, such as environmental goals or community education needs. - The Sew London Project engages in ongoing consultation, with stakeholders to ensure its activities remain relevant, inclusive, and responsive to community needs. - Feedback is gathered from participants through evaluations during sewing, repair, and upcycling workshops, and through direct engagement with schools and educators delivering the Catch Them Young programme. - Regular collaboration with repair cafes and community partners helps identify emerging needs and opportunities. - Informal conversations in the creative repurpose space provide insight into customer and volunteer experiences. Parents, carers, freelance practitioners, and facilitators also contribute feedback, which is reviewed regularly and used to inform service development, accessibility, and future planning.

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
30 December 2025

And signed on behalf of the board by:
Name: Abimbolu Olukemi OLOYEDE
Status: Director