TARGET DEVON CIC

Company limited by guarantee

Company Registration Number:
14207538 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2025

Period of accounts

Start date: 1 August 2024

End date: 31 July 2025

TARGET DEVON CIC

Contents of the Financial Statements

for the Period Ended 31 July 2025

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

TARGET DEVON CIC

Directors' report period ended 31 July 2025

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

Company policy on disabled employees

Target Devon CIC is committed to promoting equality, diversity and inclusion in all aspects of its employment practices. As an organisation whose primary purpose is to support people with disabilities, neurodiverse conditions and mental health needs into employment, we actively encourage applications from disabled people and provide equal opportunities throughout recruitment, training and career development. We are committed to making reasonable adjustments to remove barriers in the workplace and to ensure disabled employees are able to carry out their roles safely and effectively. Where an employee becomes disabled during their employment, every effort is made to retain them in work through appropriate adjustments, ongoing support and consultation. We promote an inclusive working environment where all employees are treated with dignity and respect, and where individual strengths are recognised and valued. Training and development opportunities are available to all employees to support their personal and professional growth.



Directors

The director shown below has held office during the whole of the period from
1 August 2024 to 31 July 2025

Sarah Poyser


The director shown below has held office during the period of
1 August 2024 to 1 August 2024

George pettigrew


Secretary S poyser

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
21 July 2026

And signed on behalf of the board by:
Name: Sarah Poyser
Status: Director

TARGET DEVON CIC

Balance sheet

As at 31 July 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets:   0
Tangible assets: 3 3,987 1,951
Total fixed assets: 3,987 1,951
Current assets
Stocks:   0 0
Cash at bank and in hand: 2,036
Investments:   0
Total current assets: 2,036 0
Net current assets (liabilities): 2,036 0
Total assets less current liabilities: 6,023 1,951
Total net assets (liabilities): 6,023 1,951
Members' funds
Profit and loss account: 6,023 1,951
Total members' funds: 6,023 1,951

The notes form part of these financial statements

TARGET DEVON CIC

Balance sheet statements

For the year ending 31 July 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 21 July 2026
and signed on behalf of the board by:

Name: Sarah Poyser
Status: Director

The notes form part of these financial statements

TARGET DEVON CIC

Notes to the Financial Statements

for the Period Ended 31 July 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

TARGET DEVON CIC

Notes to the Financial Statements

for the Period Ended 31 July 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 10 25

TARGET DEVON CIC

Notes to the Financial Statements

for the Period Ended 31 July 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2024 1,951 1,951
Additions 2,036 2,036
Disposals
Revaluations
Transfers
At 31 July 2025 3,987 3,987
Depreciation
At 1 August 2024 0 0
Charge for year
On disposals
Other adjustments
At 31 July 2025 0 0
Net book value
At 31 July 2025 3,987 3,987
At 31 July 2024 1,951 1,951

COMMUNITY INTEREST ANNUAL REPORT

TARGET DEVON CIC

Company Number: 14207538 (England and Wales)

Year Ending: 31 July 2025

Company activities and impact

During the financial year, Target Devon CIC continued to provide supported employment and work experience opportunities for adults with learning disabilities, autism, mental health conditions and other barriers to employment across North Devon. We supported individuals to develop confidence, independence and employability skills through personalised job coaching, workplace training and real-life work experience within our community businesses, We worked closely with employers, families and partner organisations to create inclusive opportunities and ensure people received the support they needed to succeed in the workplace. We also assisted individuals to access funding such as Access to Work and Direct Payments, helping remove barriers to sustainable employment. In addition to supporting individuals, our community businesses promoted environmental sustainability by encouraging the reuse, recycling and repurposing of donated goods and textiles, reducing waste while providing affordable products for local residents. Through these activities, Target Devon CIC has continued to strengthen community inclusion, improve wellbeing, increase employment opportunities and create lasting social value for people across North Devon.

Consultation with stakeholders

No consultation with stakeholders

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
23 July 2026

And signed on behalf of the board by:
Name: Sarah Poyser
Status: Director