DEMOCRAFEST C.I.C.

Company Registration Number:
15578815 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2026

Period of accounts

Start date: 1 April 2025

End date: 31 March 2026

DEMOCRAFEST C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2026

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

DEMOCRAFEST C.I.C.

Directors' report period ended 31 March 2026

The directors present their report with the financial statements of the company for the period ended 31 March 2026

Principal activities of the company

The company's principal activity during the year continued to be conference organisers



Directors

The director shown below has held office during the whole of the period from
1 April 2025 to 31 March 2026

Sophie Harborne

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
12 May 2026

And signed on behalf of the board by:
Name: Sophie Harborne
Status: Director

DEMOCRAFEST C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2026

2026 2025


£
£
Turnover: 6,667
Cost of sales: ( 15,434 ) ( 27,337 )
Gross profit(or loss): (15,434) (20,670)
Administrative expenses: ( 15,791 ) ( 6,064 )
Operating profit(or loss): (31,225) (26,734)
Profit(or loss) before tax: (31,225) (26,734)
Profit(or loss) for the financial year: (31,225) (26,734)

DEMOCRAFEST C.I.C.

Balance sheet

As at 31 March 2026

Notes 2026 2025


£
£
Current assets
Cash at bank and in hand: 122 3,435
Total current assets: 122 3,435
Creditors: amounts falling due within one year: 3 ( 58,080 ) ( 30,168 )
Net current assets (liabilities): (57,958) (26,733)
Total assets less current liabilities: (57,958) ( 26,733)
Total net assets (liabilities): (57,958) (26,733)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (57,959 ) (26,734 )
Total Shareholders' funds: ( 57,958 ) (26,733)

The notes form part of these financial statements

DEMOCRAFEST C.I.C.

Balance sheet statements

For the year ending 31 March 2026 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 12 May 2026
and signed on behalf of the board by:

Name: Sophie Harborne
Status: Director

The notes form part of these financial statements

DEMOCRAFEST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 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.

    Other accounting policies

    Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

DEMOCRAFEST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 0 0

DEMOCRAFEST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Creditors: amounts falling due within one year note

2026 2025
£ £
Other creditors 58,080 30,168
Total 58,080 30,168

COMMUNITY INTEREST ANNUAL REPORT

DEMOCRAFEST C.I.C.

Company Number: 15578815 (England and Wales)

Year Ending: 31 March 2026

Company activities and impact

DemocraFest CIC continued its mission to reignite young people's interest in democracy by creating engaging, non-partisan forums for discussion and participation on issues of the day. Aimed at those aged 18 to 35 who are often politically disengaged and less likely to vote, DemocraFest fills the gap in British public life for democratic engagement that is fun, youthful, and relevant to a younger audience. The CIC organises festivals and mini-events combining debate, music, art, and discussion to make democratic participation accessible, inclusive, and inspiring. Key events included a student-led forum on democratic participation at KCL Politics x Royal Society of Arts x DemocraFest (3 October 2024); “Could Citizens’ Assemblies Save Democracy?” at the Battle of Ideas Festival (19 October 2024); a roundtable with Exeter Women in Politics on social media and community (20 February 2025); an Intergenerational Democracy Panel with the London Student Network at the Hippodrome Casino (18 March 2025); and two transatlantic debates at the University of North Carolina, Chapel Hill (November and December 2024). Although logistical issues postponed Britain’s first full-scale democracy festival, groundwork and partnership development continued throughout the year to ensure delivery in the next period. The CIC also partnered with social impact organisations including the Royal Society of Arts, King’s College London Politics Society, and the London Student Network to run mini DemocraFests. Through these programmes and events, DemocraFest encouraged young people to discuss pressing issues such as mental health, housing, climate change, education, and democratic renewal; provided inclusive spaces for public speaking and active learning; helped participants understand how democracy affects them and how they can influence decisions; and reinvested all funding and personal contributions to maximise community benefit rather than profit.

Consultation with stakeholders

DemocraFest CIC engages with young people, volunteers, and partner organisations to co-design its activities. Partners include London Students Network, KCL Politics Society among others. Consultation takes place through: Regular newsletters to subscribers who consist mainly of our stakeholders Event feedback forms and informal surveys Roundtable discussions with university societies and youth-led networks Collaboration with speakers and organisers to ensure events reflect young people's priorities and lived experiences.

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
13 April 2026

And signed on behalf of the board by:
Name: Sophie Harborne
Status: Director