SAVING THREADS C.I.C.

Company limited by guarantee

Company Registration Number:
13717079 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2025

Period of accounts

Start date: 1 December 2024

End date: 30 November 2025

SAVING THREADS C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2025

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

SAVING THREADS C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2025

2025 2024


£
£
Turnover: 9,521 20,535
Cost of sales: ( 664 ) ( 9,945 )
Gross profit(or loss): 8,857 10,590
Administrative expenses: ( 8,830 ) ( 10,943 )
Operating profit(or loss): 27 (353)
Profit(or loss) before tax: 27 (353)
Profit(or loss) for the financial year: 27 (353)

SAVING THREADS C.I.C.

Balance sheet

As at 30 November 2025

Notes 2025 2024


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 805 779
Investments:   0 0
Total current assets: 805 779
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 3,152 ) ( 3,153 )
Net current assets (liabilities): (2,347) (2,374)
Total assets less current liabilities: (2,347) ( 2,374)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (2,347) (2,374)
Members' funds
Profit and loss account: (2,347) ( 2,374)
Total members' funds: ( 2,347) (2,374)

The notes form part of these financial statements

SAVING THREADS C.I.C.

Balance sheet statements

For the year ending 30 November 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 28 August 2026
and signed on behalf of the board by:

Name: Rachel Craven
Status: Director

The notes form part of these financial statements

SAVING THREADS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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

SAVING THREADS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

SAVING THREADS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 720 720
Other creditors 2,432 2,433
Total 3,152 3,153

COMMUNITY INTEREST ANNUAL REPORT

SAVING THREADS C.I.C.

Company Number: 13717079 (England and Wales)

Year Ending: 30 November 2025

Company activities and impact

Saving Threads CIC provided financial support to local community groups and charitable causes, including organisations supporting people experiencing homelessness. Free clothing and other essential items were provided to families experiencing financial difficulty, including suitable summer clothing during periods of hot weather. Free school uniforms were provided to local families who were unable to afford them. More than 20 individuals and more than 20 families benefited directly from donated clothing and other essential items during the reporting period.

Consultation with stakeholders

Saving Threads CIC engages with stakeholders through user feedback, discussions with local businesses and community groups, and regular social media engagement. The company also involves members of the local community in fundraising ideas and encourages feedback about the support that is most needed. Feedback from stakeholders helps Saving Threads CIC identify where support is most needed and which individuals, families, organisations and community groups it should reach out to, enabling the company to improve and target the support it provides.

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
28 August 2026

And signed on behalf of the board by:
Name: Rachel Craven
Status: Director