TWP- THE WORKSHOP PROJECT CIC

Company limited by guarantee

Company Registration Number:
16143467 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2025

Period of accounts

Start date: 18 December 2024

End date: 31 December 2025

TWP- THE WORKSHOP PROJECT CIC

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TWP- THE WORKSHOP PROJECT CIC

Balance sheet

As at 31 December 2025

Notes 2025


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 14,905
Investments:   0
Total fixed assets: 14,905
Current assets
Stocks: 4 3,000
Debtors:   0
Cash at bank and in hand: 11,800
Investments:   0
Total current assets: 14,800
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 5 ( 7,844 )
Net current assets (liabilities): 6,956
Total assets less current liabilities: 21,861
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 21,861
Members' funds
Profit and loss account: 21,861
Total members' funds: 21,861

The notes form part of these financial statements

TWP- THE WORKSHOP PROJECT CIC

Balance sheet statements

For the year ending 31 December 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 17 August 2026
and signed on behalf of the board by:

Name: Richard Hedger
Status: Director

The notes form part of these financial statements

TWP- THE WORKSHOP PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

    Turnover policy

    details managment of expenses and income

    Tangible fixed assets depreciation policy

    Outlines how we depriciate value

TWP- THE WORKSHOP PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

  • 2. Employees

    2025
    Average number of employees during the period 1

TWP- THE WORKSHOP PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 0 6,430 375 1,000 7,100 14,905
Disposals
Revaluations
Transfers
At 31 December 2025 0 6,430 375 1,000 7,100 14,905
Depreciation
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 December 2025 0 0 0 0 0 0
Net book value
At 31 December 2025 0 6,430 375 1,000 7,100 14,905

TWP- THE WORKSHOP PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

4. Stocks

2025
£
Stocks 3,000
Payments on account 0
Total 3,000

TWP- THE WORKSHOP PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

5. Creditors: amounts falling due within one year note

2025
£
Bank loans and overdrafts 4,643
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 0
Other creditors 3,201
Total 7,844

COMMUNITY INTEREST ANNUAL REPORT

TWP- THE WORKSHOP PROJECT CIC

Company Number: 16143467 (England and Wales)

Year Ending: 31 December 2025

Company activities and impact

The Workshop Project CIC has significantly impacted the Bridgwater and Somerset communities during the 2025/26 financial year by providing vocational empowerment and essential life skills to young people aged 10 to 24. By blending professional mechanical training with social support, the project addresses critical local needs, including social isolation and antisocial behavior.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

£3740 paid to Rich hedger £62.50 Paid to Mel Matthews

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 August 2026

And signed on behalf of the board by:
Name: Richard Hedger
Status: Director