SHARED FUTURE NEWS CIC


SHARED FUTURE NEWS CIC

Company limited by guarantee

Company Registration Number:
NI667225 (Northern Ireland)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

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Contents of the Financial Statements

for the Period Ended 31 January 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

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Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The directors shown below have held office during the whole of the period from
1 February 2023 to 31 January 2024

Allan Albert Leonard
Alan Cowan Meban
Dr Julia Paul


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 June 2024

And signed on behalf of the board by:
Name: Allan Albert Leonard
Status: Director

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Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 40 40
Cash at bank and in hand: 1,276 814
Total current assets: 1,316 854
Creditors: amounts falling due within one year: 4 ( 599 ) ( 599 )
Net current assets (liabilities): 717 255
Total assets less current liabilities: 717 255
Total net assets (liabilities): 717 255
Members' funds
Profit and loss account: 717 255
Total members' funds: 717 255

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 January 2024 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 4 June 2024
and signed on behalf of the board by:

Name: Allan Albert Leonard
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 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

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Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

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Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Debtors

2024 2023
£ £
Trade debtors 40 40
Total 40 40

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Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 599 599
Total 599 599

COMMUNITY INTEREST ANNUAL REPORT

SHARED FUTURE NEWS CIC

Company Number: NI667225 (Northern Ireland)

Year Ending: 31 January 2024

Company activities and impact

The company provides the public with articles, research, and stories about peacebuilding work in Northern Ireland, published on its website. It also provides training courses, events, and educational resources. The company was incorporated on 24 January 2020. During the financial year 2023–2024, the company’s activities have benefited the community in the following ways:15,459 (+5,069 from the previous year) people were able to learn more about peacebuilding efforts in Northern Ireland, through 80 (-5) articles published on its website;The company created opportunities for 21 volunteers, including 3 internship placements;It continued to build its social media and online presence through the sharing of articles, podcasts, and news about Shared Future News with its audiences;It contributed to the 2023 Imagine Belfast Festival, hosting an event that brought together members of the public from different sections of society to discuss the launch of a book by Professor Padraig O’Malley, The Perils and Prospects of a United Ireland.

Consultation with stakeholders

The CIC’s stakeholders are its subscribers, who are updated via direct correspondence and newsletters.

Directors' remuneration

One director received remuneration for specific services provided to the company.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 June 2024

And signed on behalf of the board by:
Name: Allan Albert Leonard
Status: Director