WELL PROJECTS C.I.C.

Company limited by guarantee

Company Registration Number:
11665303 (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

WELL PROJECTS C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

WELL PROJECTS C.I.C.

Balance sheet

As at 30 November 2025

Notes 2025 2024


£

£
Current assets
Debtors: 3 3,718 3,718
Cash at bank and in hand: 9,005 8,733
Total current assets: 12,723 12,451
Creditors: amounts falling due within one year: 4 ( 5,175 ) ( 375 )
Net current assets (liabilities): 7,548 12,076
Total assets less current liabilities: 7,548 12,076
Creditors: amounts falling due after more than one year: 5 ( 7,950 ) ( 13,125 )
Total net assets (liabilities): (402) (1,049)
Members' funds
Profit and loss account: (402) ( 1,049)
Total members' funds: ( 402) (1,049)

The notes form part of these financial statements

WELL PROJECTS 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.

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 1 September 2026
and signed on behalf of the board by:

Name: Kristofer Lock
Status: Director

The notes form part of these financial statements

WELL PROJECTS 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

WELL PROJECTS 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 2 2

WELL PROJECTS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Debtors

2025 2024
£ £
Other debtors 3,718 3,718
Total 3,718 3,718

WELL PROJECTS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Other creditors 5,175 375
Total 5,175 375

WELL PROJECTS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

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

2025 2024
£ £
Other creditors 7,950 13,125
Total 7,950 13,125

COMMUNITY INTEREST ANNUAL REPORT

WELL PROJECTS C.I.C.

Company Number: 11665303 (England and Wales)

Year Ending: 30 November 2025

Company activities and impact

Well Projects C.I.C is a contemporary art gallery and publishers based in Margate, Kent. Well Projects central aim is to provide creative development opportunities for artists and the public with a focus on ecology and environmentalism. Well Projects strives to elevate distinctive and diverse voices by providing resources and support to artists at pivotal moments in their careers in order to facilitate the production of new and innovative bodies of work through ambitious commissions. WP operates through programmes of interconnected visual art exhibitions, events and publications and works in partnership with local and national organisations to deliver activity. During the year 2025-2026, Well Projects C.I.C. activities have benefited the community in the following ways: Commissioned local & national artists to produce new artworks and/or exhibitions. Commissioned contemporary international artists to produce new artworks and/or exhibitions - whilst championing & diversifying the local arts community. Provided an accessible space for artists to perform and present through our digital platforms. Curated a program of 5 exhibitions & supporting events through which long-term support was given to young and emerging artists. Created new organisational partnerships with school of the damned and seadog publishers fair Provided opportunities for the community to participate in the arts through a range of accessible workshops that appeal to a large cross-section of the community, facilitated by local and national artists (online and physically). Published books themed around the environment and ecology.

Consultation with stakeholders

The company’s stakeholders are residents of and visitors to Well Projects C.I.C., and contemporary artists. The Directors of the company have lived in Margate for 7 years and developed the business model for Well Projects C.I.C. on their experience of talking to other creative practitioners who live and work locally. We ask every artist that we work with to give us feedback on how they have experienced working with us. This has helped us to build up a profile of artists' needs and what we can do to meet them more effectively. Our research has enabled us to identify that there is a local desire for exciting contemporary exhibitions, subsided live events, reading groups and subsided workshops. We encourage all visitors to Well Projects C.I.C. to provide feedback and have a robust evaluation process in place that provides Well Projects C.I.C. with very useful qualitative and quantitative data that directly impacts the development of new activity.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £7,600.00 There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 September 2026

And signed on behalf of the board by:
Name: Kristofer Lock
Status: Director