THRIVE SOCIAL CAPITAL CIC

Company limited by guarantee

Company Registration Number:
16444605 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2026

Period of accounts

Start date: 12 May 2025

End date: 31 May 2026

THRIVE SOCIAL CAPITAL CIC

Contents of the Financial Statements

for the Period Ended 31 May 2026

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

THRIVE SOCIAL CAPITAL CIC

Directors' report period ended 31 May 2026

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

Directors

The directors shown below have held office during the whole of the period from
12 May 2025 to 31 May 2026

Naeela Baksh
Joseph Farrar
Stephen O'Hara


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
4 August 2026

And signed on behalf of the board by:
Name: Stephen O'Hara
Status: Director

THRIVE SOCIAL CAPITAL CIC

Profit And Loss Account

for the Period Ended 31 May 2026

13 months to 31 May 2026


£
Turnover: 60,861
Cost of sales: ( 4,922 )
Gross profit(or loss): 55,939
Administrative expenses: ( 55,923 )
Other operating income: 14
Operating profit(or loss): 30
Profit(or loss) before tax: 30
Tax: ( 6 )
Profit(or loss) for the financial year: 24

THRIVE SOCIAL CAPITAL CIC

Balance sheet

As at 31 May 2026

Notes 13 months to 31 May 2026


£
Current assets
Cash at bank and in hand: 36,951
Total current assets: 36,951
Creditors: amounts falling due within one year: 3 ( 1,680 )
Net current assets (liabilities): 35,271
Total assets less current liabilities: 35,271
Accruals and deferred income: ( 35,247 )
Total net assets (liabilities): 24
Members' funds
Profit and loss account: 24
Total members' funds: 24

The notes form part of these financial statements

THRIVE SOCIAL CAPITAL CIC

Balance sheet statements

For the year ending 31 May 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 4 August 2026
and signed on behalf of the board by:

Name: Stephen O'Hara
Status: Director

The notes form part of these financial statements

THRIVE SOCIAL CAPITAL CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

THRIVE SOCIAL CAPITAL CIC

Notes to the Financial Statements

for the Period Ended 31 May 2026

  • 2. Employees

    13 months to 31 May 2026
    Average number of employees during the period 3

THRIVE SOCIAL CAPITAL CIC

Notes to the Financial Statements

for the Period Ended 31 May 2026

3. Creditors: amounts falling due within one year note

13 months to 31 May 2026
£
Taxation and social security 1,680
Total 1,680

COMMUNITY INTEREST ANNUAL REPORT

THRIVE SOCIAL CAPITAL CIC

Company Number: 16444605 (England and Wales)

Year Ending: 31 May 2026

Company activities and impact

Thrive Social Capital CIC exists to reduce inequalities by creating sustainable pathways into employment, enterprise, education and improved wellbeing for individuals and communities experiencing disadvantage. We work alongside people who have historically faced systemic barriers, particularly disadvantaged and underrepresented individuals and communities, across Doncaster, Sheffield & South Yorkshire, empowering them to build brighter futures through skills, confidence and opportunity. Our vision is to create thriving communities where everyone has equitable access to employment, entrepreneurship and lifelong learning. We achieve this through innovative, community led programmes that combine practical skills, strategic partnerships and evidence based approaches to deliver lasting social and economic impact. We received the recognised for excellence award, at the national British Muslim awards 2026. Thrive Social Capital's primary beneficiaries are individuals from deprived, underprivileged, underrepresented communities experiencing disadvantage or facing historic systemic barriers to employment, education, enterprise and social inclusion. This includes ethnically diverse minority communities, unemployed adults, young people not in education, employment or training, refugees and newly arrived communities, women facing multiple barriers to work, particularly from disadvantaged minority backgrounds, people experiencing financial hardship, and those living within areas of high deprivation. Through targeted, person-centred support, the organisation seeks to reduce inequalities by creating equitable employment and enterprise opportunities for those who have historically been underrepresented or excluded from mainstream provision. During the reporting period, Thrive Social Capital achieved significant community impact. Impact in Numbers for the Reporting Period 1,257 people supported. 234 workshops delivered. 8 major community engagement and networking events. 743 plus attendees at our Careers Networking Conference. 87 volunteers recruited, trained and supported. 52 individuals supported into employment. 15 strategic partnerships across the NHS, local government, education, banking and the voluntary sector. Hundreds of participants engaged in enterprise, entrepreneurship, AI, digital skills, health and wellbeing programmes. Our programmes provided both centre based provision and targeted outreach in priority communities that are deprived and disadvantaged, ensuring access for individuals who are often underserved and face historic barriers to employment. We provide holistic support across employment, enterprise, training and education, with wraparound health and wellbeing support. Thrive Social Capital focuses on delivering enterprise and employability workshops, along with CV writing, interview preparation, leadership and management training, apprenticeships, volunteering opportunities, work placements, interpreter employment pathways, financial resilience, digital skills and entrepreneurship programmes designed to equip participants with the confidence, knowledge and practical skills required to secure sustainable employment or establish and grow their own businesses. Alongside delivering training and skills development, we support participants to achieve meaningful progression into employment, self employment and enterprise. Participants secured paid employment, developed the confidence to launch or scale up their existing business, set up small businesses, progressed into apprenticeships, volunteering and work placements and enrolled onto further education and accredited training. Business development support included mentoring, networking opportunities, enterprise planning, financial capability and practical guidance, enabling participants to transform vocational skills into sustainable income generating business opportunities. These progression outcomes demonstrate our commitment to creating long term economic resilience, improved social mobility and lasting community impact, rather than delivering short term interventions. Thrive Social Capital delivered a comprehensive Enterprise and Entrepreneurship Programme designed to empower individuals to achieve economic independence through self employment, business creation and sustainable enterprise. Participants completed accredited Level 2 Food Hygiene training and Allergens training, equipping them with the essential knowledge and regulatory understanding required to establish compliant food businesses. Alongside this, they took part in practical enterprise workshops in sewing, floristry, baking and cake decoration, delivered by experienced industry professionals, including specialist patisserie chefs. These hands on programmes enabled participants to develop valuable vocational and entrepreneurial skills, transform their talents into viable business opportunities and build the confidence, knowledge and resilience needed to generate sustainable income, strengthen financial independence and create long term pathways into self employment and enterprise. Digital Skills and Artificial Intelligence Delivery Recognising the growing importance of future skills, Thrive Social Capital embedded digital literacy, Artificial Intelligence and leadership and management throughout its employment and enterprise programmes. Digital inclusion formed a core component of delivery during the reporting period, equipping participants with the confidence and practical skills needed to thrive in an increasingly technology driven world. Participants developed essential digital skills including online job searching on platforms such as indeed, LinkedIn, etc. along with specialist support with council and NHS applications. We also delivered digital fluency in using social media including Instagram, Tik Tok etc, for marketing. We also supported participants with sessions on online safety, cyber bullying, digital collaboration and accessing essential online services. They also gained practical experience using emerging AI platforms such as Microsoft Copilot, ChatGPT and Claude, exploring how these technologies can support CV writing, interview preparation, business planning, marketing, content creation, productivity and entrepreneurship. Alongside this, participants developed an understanding of the ethical and responsible use of Artificial Intelligence and social media, including digital GDPR requirements, data protection and information sharing responsibilities, ensuring they could use technology safely, confidently and responsibly. By embedding digital capability across all programmes, participants were better prepared to access employment, establish or grow businesses and adapt to the rapidly evolving digital economy. Careers Networking and Employability Conference One of our flagship achievements during the reporting period was the delivery of a large-scale Careers Networking and Employability Conference in partnership with NatWest Bank, the University of Sheffield and Sheffield Hallam University. The event attracted over 743 attendees, both in person and through a live online audience, providing direct access to nationally recognised employers, industry leaders and professional networks. Participating organisations included the BBC, Amazon Web Services, Deloitte, Aviva, Kier Group, CBRE, Microsoft, NatWest Group, RSM UK, the University of Sheffield, South Yorkshire Mayoral Combined Authority and many other employers committed to improving diversity, equity and inclusion within the workforce. The conference successfully connected young people and students from underrepresented communities with recruiters, employers, mentors and professionals from a wide range of sectors. Through employer engagement, networking opportunities and careers insight sessions, participants gained a greater understanding of career pathways, recruitment processes and the skills required to succeed in today's labour market. The event increased confidence, broadened aspirations and created meaningful connections between participants and employers, helping to open doors to employment, professional development and future career progression while strengthening relationships between local employers and underrepresented communities. Having recently formed a new successful partnership with previously established Doncaster Conversation Club, Thrive Social Capital has been supporting newly arrived communities through Introduction to English language integration, which progresses onto support with employability, vocational training, volunteering and tailored employment programmes, helping individuals integrate successfully into local communities while improving confidence, wellbeing and economic participation. Participants were supported through a clear progression pathway, beginning with English language development before moving into digital skills, employability support, volunteering opportunities, vocational training and employment preparation. This holistic approach enabled individuals to build confidence, improve communication skills and participate more fully in community life while progressing towards sustainable employment and financial independence. Collaboration remains central to our delivery model. During the reporting period we worked alongside NHS, South Yorkshire Integrated Care Board, Doncaster Council, South Yorkshire Mayoral Combined Authority, Department for Work and Pensions through Connect to Work, Citizens Advice Doncaster Borough, RDaSH NHS Foundation Trust, Doncaster and Bassetlaw Teaching Hospitals NHS Foundation Trust, Well Doncaster, NatWest Bank, HSBC UK, Action for Race Equality, Sheffield Hallam University, Impact Hub Yorkshire, Sheffield United Community Foundation and ESKI Media. These partnerships enabled Thrive Social Capital to deliver person centred support addressing multiple barriers to employment, enterprise, health, wellbeing and social inclusion. Innovation continues to shape our approach. During the reporting period we contributed to the NHS Health Growth Accelerator, supporting innovative approaches to community engagement through a co location, co delivery model at GP practice working together with our partners ie Citizens Advice Doncaster, Conisbrough GP Practice, Work Well. We partnered with Action for Race Equality to explore how digital technology and Artificial Intelligence can improve employability outcomes for young people from underserved communities. In partnership with ESKI Media, we also worked together with young people from our communities to lend their voice and partake in an NHS branding marketing campaign. We also established SPARKS, an impactful Youth Advisory Board delivered in partnership with ESKI Media, providing young people with a meaningful platform to share their voices, shape campaigns and influence initiatives that affect their communities. Through SPARKS, young people have access to mentorship, guidance from industry professionals and valuable workplace opportunities through our extensive network of partners. The advisory board ensures that young people's lived experiences, ideas and aspirations are represented, while creating pathways for personal development, skills growth, confidence building and future employment opportunities. Any surplus generated by the company continues to be reinvested directly into community programmes, strengthening partnerships and expanding opportunities that improve social mobility, economic resilience and long term community wellbeing. As a Community Interest Company, Thrive Social Capital operates solely for community benefit. Any financial surplus generated through its activities is retained within the organisation and reinvested directly into the delivery, development and expansion of community programmes, strategic partnerships, workforce development and innovative initiatives that further the company's community interest objectives. No surplus is distributed for private gain, ensuring that resources continue to create lasting social value for the communities we serve

Consultation with stakeholders

Looking ahead, Thrive Social Capital will continue to strengthen and expand its community impact by responding directly to stakeholder feedback and emerging community needs. A key priority will be enhancing our digital offer through the integration of Virtual Reality, Artificial Intelligence and immersive learning experiences across future programmes. These innovative approaches will provide participants with hands on opportunities to experience emerging technologies, build confidence using digital tools, develop future focused skills and enhance their readiness for modern workplaces, entrepreneurship and lifelong learning within an increasingly digital society. We intend to collaborate with NHS and Sheffield Hallam University to access these technologies for the betterment of our communities. Alongside this, Thrive Social Capital intends to broaden opportunities for beneficiaries through strengthened partnerships with higher education institutions, NHS organisations, emergency services, employers and strategic partners. Future priorities include expanding sector specific employment pathways, increasing volunteering opportunities and creating stronger progression routes into public sector careers, ensuring participants can move confidently from learning into sustainable employment. The organisation is also developing collaborative opportunities with Sheffield Hallam University to provide practical enterprise mentoring for undergraduate business enterprise students, supporting business creation, networking, innovation and the application of Artificial Intelligence within entrepreneurship. This collaboration will also strengthen knowledge exchange between students, businesses and communities while encouraging socially responsible enterprise and innovation. In addition, we are exploring strategic partnerships with Language Empire and the Workers' Educational Association to expand accredited interpreter training and employment opportunities. As part of this development, we are looking to work with WEA to deliver accredited Level 2 Community Interpreter courses, creating accessible progression routes into interpreter careers and further strengthening our employment and skills provision for multilingual communities. Thrive Social Capital will also continue developing collaborative partnerships with NHS organisations, RDaSH, South Yorkshire Fire and Rescue, Doncaster Council, employers, universities and voluntary sector organisations to establish clearer progression pathways into volunteering, education, training and employment. Through these partnerships, we aim to provide structured opportunities that enable participants to gain valuable skills, meaningful work experience and sustainable employment, while supporting workforce development across key sectors and continuing to reduce inequalities within the communities we serve. Examples of participant feedback included comments such as For the first time, I felt like someone believed in my potential and gave me the opportunity to succeed. The support opened doors that I never thought would be available to someone like me. Meeting employers and professionals made me realise that my background doesn't define my future. I now feel confident applying for opportunities I previously thought were out of reach. "Thrive gave me a voice, listened to my experiences and helped me believe that I could build a better future for myself and my family." These experiences demonstrate the wider social value generated through Thrive Social Capital's programmes, particularly for individuals and communities who have historically faced systemic barriers, discrimination and underrepresentation. By creating inclusive opportunities, amplifying lived experience and removing barriers to participation, Thrive Social Capital empowers people to build confidence, access employment and enterprise opportunities, influence decisions that affect their communities and realise their potential. The feedback highlights not only improvements in employability and economic participation, but also increased self-belief, aspirations, social inclusion and a stronger sense of belonging. We remain committed to ensuring that every programme is designed with communities, not simply for communities. Through co-production, collaboration, innovation and research-informed practice, Thrive Social Capital will continue empowering individuals, strengthening communities and creating sustainable social and economic impact for future generations.

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
4 August 2026

And signed on behalf of the board by:
Name: Stephen O'Hara
Status: Director