THE SALAM PROJECT CIC

Company limited by guarantee

Company Registration Number:
10246335 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2025

Period of accounts

Start date: 1 July 2024

End date: 30 June 2025

THE SALAM PROJECT CIC

Contents of the Financial Statements

for the Period Ended 30 June 2025

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

THE SALAM PROJECT CIC

Directors' report period ended 30 June 2025

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

Principal activities of the company

Our main focus this year was creating employment opportunities and preparing people to be able to take on these and other employment opportunities. Our main delivery methods continue to be training, workshops and consultations.



Directors

The directors shown below have held office during the whole of the period from
1 July 2024 to 30 June 2025

Abdul Kareem Ibrahim
Lea South


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
23 July 2026

And signed on behalf of the board by:
Name: Lea South
Status: Director

THE SALAM PROJECT CIC

Profit And Loss Account

for the Period Ended 30 June 2025

2025 2024


£

£
Turnover: 29,105 25,789
Gross profit(or loss): 29,105 25,789
Administrative expenses: ( 34,751 ) ( 18,917 )
Operating profit(or loss): (5,646) 6,872
Profit(or loss) before tax: (5,646) 6,872
Profit(or loss) for the financial year: (5,646) 6,872

THE SALAM PROJECT CIC

Balance sheet

As at 30 June 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 1,400 1,500
Total fixed assets: 1,400 1,500
Current assets
Debtors: 4 2,418 6,773
Cash at bank and in hand: 349 0
Total current assets: 2,767 6,773
Net current assets (liabilities): 2,767 6,773
Total assets less current liabilities: 4,167 8,273
Creditors: amounts falling due after more than one year: 5 ( 2,060 ) ( 520 )
Total net assets (liabilities): 2,107 7,753
Members' funds
Profit and loss account: 2,107 7,753
Total members' funds: 2,107 7,753

The notes form part of these financial statements

THE SALAM PROJECT CIC

Balance sheet statements

For the year ending 30 June 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 23 July 2026
and signed on behalf of the board by:

Name: Lea South
Status: Director

The notes form part of these financial statements

THE SALAM PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 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

THE SALAM PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 3 3

THE SALAM PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2024 1,500 1,500
Additions
Disposals
Revaluations 100 100
Transfers
At 30 June 2025 1,400 1,400
Depreciation
At 1 July 2024
Charge for year
On disposals
Other adjustments
At 30 June 2025
Net book value
At 30 June 2025 1,400 1,400
At 30 June 2024 1,500 1,500

THE SALAM PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

4. Debtors

2025 2024
£ £
Trade debtors 2,418 6,773
Total 2,418 6,773

THE SALAM PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

5. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Other creditors 2,060 520
Total 2,060 520

COMMUNITY INTEREST ANNUAL REPORT

THE SALAM PROJECT CIC

Company Number: 10246335 (England and Wales)

Year Ending: 30 June 2025

Company activities and impact

Our main delivery methods continue to be training, workshops and consultations. In the financial year we were able to: Assist 83 people into employment (based in London & Manchester); Connect 41 people to training courses and higher education opportunities; Connect 32 people to work experience and internship opportunities; Connect 36 young people to counselling, tutoring or mentoring support; Cconnect 18 ex-offenders to employment, training and housing opportunities; Deliver 41 workshops/motivational talks to at least 3,620 people.

Consultation with stakeholders

We constantly engage with users, funders, local community groups, local government officers and councillors and residents in the areas where we operate. This is through informal gatherings, during project delivery and through formal meetings. This continued throughout this year.

Directors' remuneration

Directors only get paid if they are part of the direct delivery team for a particular project as a sub-contractor or casual labour.

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: Lea South
Status: Director