Humanise Institute CIC
Unaudited financial statements
For the 18-month period ended 31 March 2026
Registered number:
Humanise Institute CIC
Contents
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Company information | 1 |
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Balance sheet | 2 |
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Notes to the financial statements | 3 |
Humanise Institute CIC
Company information
Director | T Heatherwick |
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Registered number | 16004153 (England and Wales) |
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Registered office | Making House |
| 55 Argyle Street |
| London |
| England |
| WC1H 8EE |
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Accountants | Boobooks Accountants |
| Chartered Certified Accountants |
| 251 Gray's Inn Road |
| London |
| England |
| WC1X 8QT |
Humanise Institute CIC | Company number: 16004153 |
Balance sheet
As at 31 March 2026
| Note | 2026 |
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Current assets |
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Cash at bank and in hand |
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Current liabilities |
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Creditors: amounts falling due within one year | 3 | ( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital | 4 | |
Profit and loss account |
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For the 18-month period ended 31 March 2026, the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The company's sole member has not required the company to obtain an audit of its financial statements for the period in question in accordance with Section 476 of the Companies Act 2006.
Humanise Institute CIC | Company number: 16004153 |
Balance sheet
As at 31 March 2026
The director acknowledges his responsibilities for:
- | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006; and |
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- | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial period and of its profit or loss for each financial period in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
In accordance with Section 444 of the Companies Act 2006, the director has elected not to deliver to the Registrar of Companies a copy of the profit and loss account for the 18-month period ended 31 March 2026.
The financial statements were approved and authorised for issue by
………………………………………
T Heatherwick
Director
6 July 2026
The notes on pages 3 to 4 form part of these financial statements.
Humanise Institute CIC
Notes to the financial statements
For the 18-month period ended 31 March 2026
1. General information
Humanise Institute CIC is a private Community Interest Company, limited by shares, registered in
The principal activity of the company is to benefit the widest possible global audience, with a particular focus on people living and working in cities. The organisation aims to enhance health and wellbeing through buildings and development centred on human needs, creating urban environments that are more joyful, engaging, and human, while reducing stress and fostering a sense of belonging, pride, and identity.
2. Accounting policies
2.1 Basis of preparation of financial statements
2.2 Going Concern
These financial statements have been prepared on a going concern basis. The director has formed a judgement that there is reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Cash resources through sponsorship are forecast to remain positive. Accordingly, the director has concluded that it is appropriate to adopt the going concern basis in preparing the financial statements.
2.3 Turnover
Turnover comprises of sponsorship income and is recognised to the extent that it is probable that the economic benefits will flow to the company and the income can be reliably measured. Sponsorship income is measured as the fair value of the consideration received or receivable, excluding discounts, value added tax and other sales taxes.
Humanise Institute CIC
Notes to the financial statements (continued)
For the 18-month period ended 31 March 2026
2. Accounting policies (continued)
2.4 Current and deferred taxation
The tax charge for the period comprises current and deferred tax. Tax is recognised in the profit and loss account, except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
• | The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and |
• | Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. |
Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
3. Creditors: amounts falling due within one year
| 2026 |
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Trade creditors | |
Accruals | |
Corporation tax payable | |
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4. Called up share capital
| 2026 |
| £ |
Allotted, called up and fully paid |
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5. Related party transactions
During the 18-month period ended 31 March 2026, the company had no transactions with related parties.
6. Controlling party
The company is