Collective Soul CIC - CIC report

CIC 34 Community Interest Company Report

	Company Name in full		Collective Soul CIC
	Company Number		16213721
	Year Ending		31 January 2026

This template illustrates what the Regulator of Community Interest Companies considers to be best practice for completing a simplified community interest company report. All such reports must be delivered in accordance with section 34 of the Companies (Audit, Investigations and Community Enterprise) Act 2004 and contain the information required by Part 7 of the Community Interest Company Regulations 2005.
PART 1 – GENERAL DESCRIPTION OF THE COMPANY’S ACTIVITIES AND IMPACT
In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community.
During the year the company organised accessible community well-being workshops and projects for local residents. Activities were designed to reduce social isolation, enhance mental well-being and support those in financial hardship. The company reinvested its annual surplus in the continuation and development of these services.

PART 2 – CONSULTATION WITH STAKEHOLDERS
A “stakeholder” is any person or organisation affected by the company’s activities.

Please indicate who the company’s stakeholders are:
The company’s stakeholders are the participants of the workshops and events and those who supply and benefit from the allocated funding. The directors of the company have lived in the area and developed the CIC based on their experience as long-standing existing practitioners and talking to those who have attended their workshops. This has helped us to establish the well-being needs of the local community and any financial or social barriers that inhibit access to such events. For example, after holding a local drumming circle for 2 years, the feedback from many who could not attend was due to financial hardship and that they would benefit from such a circle. Therefore, we received funding to provide free spaces every month for those who could not have attended otherwise. This amounted to approximately 120 spaces over the course of 12 months. The feedback from those who benefitted from these spaces confirmed that the circle greatly enhanced their mental well-being, provided a social outlet for them to connect with and meet new people and reduced their feelings of loneliness.

Please indicate how the stakeholders have been consulted [or leave blank if there has been no consultation]:


Please indicate what action the company has taken in response to feedback from its consultations [or leave blank if there has been no consultation]:


If there has been no consultation you must state ‘There has been no stakeholder consultation held’ below:


PART 3 – DIRECTORS’ REMUNERATION
Please indicate below any remuneration the directors have received.


Alternatively if you have provided full details in your accounts then you do not need to disclose it here but you must explain in the space below where they are found within the accounts.
No remuneration was paid to the directors in respect of their duties as directors during the financial year. Fees totalling £2,147.50 were paid to a director for the delivery of services in furtherance of the company's community objectives. These services were provided on an ad hoc, self-employed basis and were separate from the individual's duties as a director. The fees were considered reasonable in relation to the services provided. These fees are included within other charges, under the heading of subcontractor services.
If no remuneration was received you must state that “no remuneration was received by the directors” below.
No remuneration was received by the directors.
PART 4 – TRANSFERS OF ASSETS OTHER THAN FOR FULL CONSIDERATION
Please insert full details of any transfers of assets other than for full consideration to an asset locked body or for the benefit of the community. This must include the amount, or contain a fair estimate of the value, of such transfer.


If this does not apply you must state that “no transfer of assets other than for full consideration has been made” below.
No transfer of assets other than for full consideration has been made during the period under review.
PART 5 – SIGNATORY
The original report must be signed by a director of the company.		Signed	S A Smiles		Date	28 October 2026

You do not have to give any contact information in the box opposite but if you do, it will help the Registrar of Companies to contact you if there is a query on the form. The contact information that you give will be visible to searchers of the public record.


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