Companies House 14832163 2025-04-30 2025-04-30 2024-05-01 false iso4217:GBP xbrli:pure 14832163 2023-04-27 2024-04-30 14832163 2025-04-30 14832163 2024-05-01 2025-04-30 14832163 2024-04-30 14832163 curr:PoundSterling 2024-05-01 2025-04-30 14832163 uk-bus:CompanyLimitedByGuarantee 2024-05-01 2025-04-30 14832163 uk-bus:FRS102 2024-05-01 2025-04-30 14832163 uk-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 14832163 uk-bus:FullAccounts 2024-05-01 2025-04-30 14832163 uk-bus:RegisteredOffice 2024-05-01 2025-04-30 14832163 uk-bus:Director1 2024-05-01 2025-04-30 14832163 uk-bus:Director2 2024-05-01 2025-04-30 14832163 uk-bus:Director3 2024-05-01 2025-04-30 14832163 uk-bus:Director4 2024-05-01 2025-04-30 14832163 uk-bus:Director5 2024-05-01 2025-04-30 14832163 uk-bus:Director6 2024-05-01 2025-04-30 14832163 uk-bus:Director7 2024-05-01 2025-04-30 14832163 uk-bus:Director8 2024-05-01 2025-04-30 14832163 uk-bus:Director9 2024-05-01 2025-04-30 14832163 uk-bus:Director10 2024-05-01 2025-04-30 14832163 uk-bus:Director11 2024-05-01 2025-04-30 14832163 uk-bus:Director12 2024-05-01 2025-04-30 14832163 uk-bus:Director13 2024-05-01 2025-04-30 14832163 uk-bus:Director14 2024-05-01 2025-04-30 14832163 uk-bus:Director15 2024-05-01 2025-04-30 14832163 uk-bus:Director16 2024-05-01 2025-04-30 14832163 uk-bus:Director17 2024-05-01 2025-04-30 14832163 uk-bus:Director18 2024-05-01 2025-04-30 14832163 uk-bus:Director19 2024-05-01 2025-04-30 14832163 uk-bus:Director20 2024-05-01 2025-04-30 14832163 uk-bus:Director21 2024-05-01 2025-04-30 14832163 uk-bus:CompanySecretary1 2024-05-01 2025-04-30 14832163 core:AfterOneYear 2025-04-30 14832163 core:AfterOneYear 2024-04-30 14832163 core:WithinOneYear 2025-04-30 14832163 core:WithinOneYear 2024-04-30 14832163 core:WithinOneYear 2024-05-01 2025-04-30 14832163 core:AfterOneYear 2025-04-30 14832163 core:AfterOneYear 2024-04-30 14832163 core:AfterOneYear 2024-05-01 2025-04-30 14832163 core:ShareCapital 2025-04-30 14832163 core:ShareCapital 2024-04-30 14832163 core:SharePremium 2025-04-30 14832163 core:SharePremium 2024-04-30 14832163 core:OtherReservesSubtotal 2025-04-30 14832163 core:OtherReservesSubtotal 2024-04-30 14832163 core:RevaluationReserve 2025-04-30 14832163 core:RevaluationReserve 2024-04-30 14832163 core:RetainedEarningsAccumulatedLosses 2025-04-30 14832163 core:RetainedEarningsAccumulatedLosses 2024-04-30 14832163 1 2024-05-01 2025-04-30 14832163 2 2024-05-01 2025-04-30 14832163 3 2024-05-01 2025-04-30 14832163 core:LandBuildings 2024-05-01 2025-04-30 14832163 core:LandBuildings 2025-04-30 14832163 core:LandBuildings 2023-04-27 2024-04-30 14832163 core:LandBuildings 2024-04-30 14832163 core:PlantMachinery 2024-05-01 2025-04-30 14832163 core:PlantMachinery 2025-04-30 14832163 core:PlantMachinery 2023-04-27 2024-04-30 14832163 core:PlantMachinery 2024-04-30 14832163 core:FurnitureFittingsToolsEquipment 2024-05-01 2025-04-30 14832163 core:FurnitureFittingsToolsEquipment 2025-04-30 14832163 core:FurnitureFittingsToolsEquipment 2023-04-27 2024-04-30 14832163 core:FurnitureFittingsToolsEquipment 2024-04-30 14832163 core:OfficeEquipment 2024-05-01 2025-04-30 14832163 core:OfficeEquipment 2025-04-30 14832163 core:OfficeEquipment 2023-04-27 2024-04-30 14832163 core:OfficeEquipment 2024-04-30 14832163 core:Vehicles 2024-05-01 2025-04-30 14832163 core:Vehicles 2025-04-30 14832163 core:Vehicles 2023-04-27 2024-04-30 14832163 core:Vehicles 2024-04-30 14832163 core:NetGoodwill 2024-05-01 2025-04-30 14832163 core:NetGoodwill 2025-04-30 14832163 core:NetGoodwill 2023-04-27 2024-04-30 14832163 core:NetGoodwill 2024-04-30 14832163 core:IntangibleAssetsOtherThanGoodwill 2024-05-01 2025-04-30 14832163 core:IntangibleAssetsOtherThanGoodwill 2025-04-30 14832163 core:IntangibleAssetsOtherThanGoodwill 2023-04-27 2024-04-30 14832163 core:IntangibleAssetsOtherThanGoodwill 2024-04-30

# THINKFOUND DEVELOPMENT CIC

## Company limited by guarantee

## Company Registration Number:
14832163 (England and Wales)

## Unaudited statutory accounts for the year ended 30 April 2025

## Period of accounts

## Start date: 1 May 2024

## End date: 30 April 2025

# THINKFOUND DEVELOPMENT CIC

## Contents of the Financial Statements

for the Period Ended 30 April 2025

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

# THINKFOUND DEVELOPMENT CIC

Directors' report period ended 30 April 2025

The directors present their report with the financial statements of the company for the period ended 30 April 2025

Principal activities of the company

ThinkFOUND Development CIC was established to create positive social and environmental impact by promoting recycling, reuse, and sustainable making. The company focuses on repurposing materials that would otherwise go to landfill and transforming them into furniture and other useful items, while also providing training, creative opportunities, and community engagement. During the year the company has worked to develop activities that support individuals who may experience social disadvantage, including those affected by unemployment, low income, disability, or limited opportunities. Through practical workshops, skills development opportunities, and collaborative projects, ThinkFOUND Development CIC aims to improve wellbeing, increase confidence, and support pathways into employment within the growing green economy. The directors are committed to ensuring that the organisation operates in the interests of the community. Any surplus generated by the company will be reinvested into expanding training programmes, community workshops, and environmental initiatives that support the company’s mission. The directors believe that ThinkFOUND Development CIC has the potential to make a positive contribution to the community by reducing waste, promoting sustainable practices, and creating opportunities for people to develop new skills and improve their wellbeing. The directors will continue to develop partnerships with local organisations, businesses, and community groups to ensure that the company’s activities remain responsive to community needs.

Directors

The director shown below has held office during the whole of the period from
1 May 2024 to 30 April 2025

Chris Barrett

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
3 January 2026

And signed on behalf of the board by:
Name: Chris Barrett
Status: Director

# THINKFOUND DEVELOPMENT CIC

## Profit And Loss Account

for the Period Ended 30 April 2025

| 2025 | 2024
--- | --- | ---
| £ | £
Turnover: | 81,680 | 5,840
Cost of sales: | ( 81,680 ) | ( 5,840 )
Gross profit(or loss): | 0 | 0
Distribution costs: |  | 0
Administrative expenses: |  | 0
Other operating income: |  | 0
Operating profit(or loss): | 0 | 0
Interest receivable and similar income: |  | 0
Interest payable and similar charges: |  | 0
Profit(or loss) before tax: | 0 | 0
Tax: |  | 0
Profit(or loss) for the financial year: | 0 | 0

# THINKFOUND DEVELOPMENT CIC

## Balance sheet

As at 30 April 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Fixed assets
Intangible assets: |  | 0 | 0
Tangible assets: |  | 0 | 0
Investments: |  | 0 | 0
Total fixed assets: |  | 0 | 0
Current assets
Stocks: |  | 0 | 0
Debtors: |  | 0 | 0
Cash at bank and in hand: |  | 0 | 0
Investments: |  | 0 | 0
Total current assets: |  | 0 | 0
Prepayments and accrued income: |  | 0 | 0
Creditors: amounts falling due within one year: |  | 0 | 0
Net current assets (liabilities): |  | 0 | 0
Total assets less current liabilities: |  | 0 | 0
Creditors: amounts falling due after more than one year: |  | 0 | 0
Provision for liabilities: |  | 0 | 0
Accruals and deferred income: |  | 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

# THINKFOUND DEVELOPMENT CIC

## Balance sheet statements

For the year ending 30 April 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 January 2026
and signed on behalf of the board by:

Name: Chris Barrett
Status: Director

The notes form part of these financial statements

# THINKFOUND DEVELOPMENT CIC

## Notes to the Financial Statements

for the Period Ended 30 April 2025

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

# THINKFOUND DEVELOPMENT CIC

## Notes to the Financial Statements

for the Period Ended 30 April 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 0 | 0

# COMMUNITY INTEREST ANNUAL REPORT

### THINKFOUND DEVELOPMENT CIC

### Company Number: 14832163 (England and Wales)

### Year Ending: 30 April 2025

Company activities and impact

During the financial year, ThinkFOUND Development cic’s activities have benefited the community in the following ways: Materials that would otherwise have gone to landfill have been collected, reused and repurposed into furniture and useful household items, reducing waste and contributing to lower carbon emissions. Local residents have been able to learn practical skills such as furniture making, repair, and upcycling through workshops and informal training, increasing knowledge of circular economy principles and sustainable living. People experiencing social disadvantage, including unemployment, low income, disability, or reduced opportunities, have been able to participate in training, volunteering, and work experience programmes that build confidence and employability. Participants have improved their wellbeing by engaging in creative activities, learning new skills, and connecting with others in a supportive environment. Community members have had opportunities to take part in group activities that reduce isolation, encourage collaboration, and strengthen local social networks. Any surplus generated by the organisation has been reinvested into developing further training opportunities, community workshops, and support services for disadvantaged people.

Consultation with stakeholders

The stakeholders of ThinkFOUND Development e cic include local residents, people experiencing social disadvantage, community organisations, and individuals interested in learning practical skills related to recycling, repair, and sustainable making. The directors developed the concept for ThinkFOUND Development through discussions with members of the local community, including people interested in creative activities, sustainability, and improving employment opportunities. These conversations highlighted a strong interest in practical workshops, opportunities to learn new skills, and initiatives that reduce waste and promote environmentally responsible behaviour. Feedback from potential participants and community contacts indicated that there was a need for accessible training opportunities that combine creative activity with practical skills development. Many people also expressed interest in activities that improve wellbeing and reduce social isolation through shared creative work. The company intends to continue consulting with stakeholders through informal discussions, participant feedback forms, and collaboration with local community organisations. This ongoing consultation will help ensure that ThinkFOUND Development programmes remain relevant, inclusive, and responsive to the needs of the community.

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
3 January 2026

And signed on behalf of the board by:
Name: Chris Barrett
Status: Director