for the Period Ended 31 August 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2025
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 September 2024
to
31 August 2025
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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| Debtors: | 4 |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 August 2025
Basis of measurement and preparation
for the Period Ended 31 August 2025
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for the Period Ended 31 August 2025
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for the Period Ended 31 August 2025
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for the Period Ended 31 August 2025
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Core purpose and approach Edventures activities throughout the year were guided by its mission to support people to become more self reliant and creative in response to uncertainty turning ideas into action and enterprises that benefit the wider community. The organisation works through an action learning model that combines peer support practical skills development access to space and networks and real world experimentation. Community learning incubation and enterprise support Edventure delivered a range of structured learning programmes including Enterprising Women Incubation Start Up and the newly developed Comms for Change course. These programmes supported individuals who are often distant from traditional employment or education pathways to develop enterprise ideas build confidence and test practical routes into self employment community action or further work. Across the year participants developed a wide range of socially and environmentally beneficial enterprises including peer support initiatives sustainable craft and repair businesses food and wellbeing projects and creative community offers. Evaluation evidence from Comms for Change demonstrated significant increases in participant confidence skills and sense of belonging with all participants reporting that they would recommend the course to others. Several incubated projects progressed beyond Edventure course development including the Community Launderette CIC and early stage work on Fromebase a community DIY and reuse initiative supporting longer term local economic resilience. Green and Healthy Frome partnership delivery Edventure played a central role in delivering the Green and Healthy Frome programme as a core partner leading work packages on Future Shed Storytelling and Project Coordination and Beyond Frome. Through this partnership Edventure supported large scale community engagement on the links between climate health and cost of living. By mid 2025 Green and Healthy Frome had facilitated over 13000 community engagements supported thousands of residents with energy advice and healthy living initiatives and contributed to significant estimated carbon savings. Edventure led Future Shed activities alone reached over 11500 engagements across two years through residencies events workshops and networks including work with young people families artists and environmental groups. The Future Shed residency model enabled community led projects such as communal eating initiatives textile reuse networks seed libraries and river health projects. These activities strengthened social connection increased awareness of environmental issues and supported inclusive participation in local climate action. Community food and circular economy initiatives Edventure continued to host and support the Frome Community Fridge which redistributed significant volumes of surplus food each month reducing food waste and improving access to food for local residents. During the reporting year 200 tonnes of food were redistributed contributing to substantial carbon savings and supporting food security particularly during periods of increased financial pressure on households. New initiatives included the launch of a School Fridge pilot in partnership with Frome Community College and Vallis First School engaging young people directly in food waste reduction and sustainability education. Edventure also supported partnership food projects linking the Community Fridge with Victoria Park Community Cafe and Broadway Community Gardens integrating food growing cooking learning and community connection. The Edventure Hub and community space Edventure operated and developed The Edventure Hub at Welshmill as a community focused co working learning and meeting space. The Hub supported local freelancers social enterprises and community groups while also hosting courses events and partnerships. Hub membership increased during the year contributing earned income and strengthening a local network of values aligned enterprises. Alongside its economic role the Hub functioned as a social infrastructure asset offering accessible space for collaboration learning and community activity. Organisational transition and resilience The reporting year was one of organisational transition. Edventure undertook staff restructuring leadership changes and financial re forecasting in response to the planned end of major programme funding. The CEO step down in Dec 2024 and two of the Board of Directors took over as interim Executive Directors. Despite these pressures the organisation maintained delivery safeguarded key community assets and developed a forward strategy focused on increased trading income partnership working and long term sustainability. Overall Edventures activities during the year delivered clear public benefit by increasing access to skills confidence and enterprise pathways reducing food waste and supporting food security strengthening community connection and wellbeing supporting climate action and environmental awareness building local capacity and resilience in a rural market town context
Stakeholders Edventure Frome CICs key stakeholders during the reporting period included course participants and community learners volunteers and community project leads staff and freelance facilitators partner organisations including Frome Town Council Frome Medical Practice community organisations and funders users of the Community Fridge and Edventure Hub local residents and community groups in Frome Consultation and engagement methods Stakeholder consultation is embedded in Edventures delivery model and took place through regular participant feedback and evaluation on courses and programmes community led project design within Future Shed residencies partnership advisory groups and learning reviews within Green and Healthy Frome staff meetings supervision and formal consultation processes during organisational change ongoing informal engagement with Hub members volunteers and project participants Formal evaluation reports reflective sessions and feedback mechanisms were used across major programmes particularly within Comms for Change Future Shed and Green and Healthy Frome. Actions taken in response to feedback Feedback from stakeholders directly informed improvements to course structure facilitation and learner support a shift away from unviable short courses towards more sustainable programme models increased focus on paid learner places and trading income to support long term viability development of new initiatives such as the School Fridge and community reuse projects refinement of Edventures strategic priorities and operating model during the year Where appropriate feedback also shaped decisions to pause or exit activities that were no longer financially or operationally sustainable ensuring responsible stewardship of community resources.
Two Board of Directors were remunerated during the year for their support as Co executive Directors once the CEO left post Samantha Evans Esther Maughan McLachlan The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was 22060 There were no other transactions or arrangements in connection with the remuneration of directors or compensation for directors loss of office which require to be disclosed
No transfer of assets other than for full consideration
This report was approved by the board of directors on
25 March 2026
And signed on behalf of the board by:
Name: Samantha Evans
Status: Director