THE LOSS PROJECT CIC
THE LOSS PROJECT CIC
THE LOSS PROJECT CIC
Company limited by guarantee
Company Registration Number:
12178372 (England and Wales)
Unaudited statutory accounts for the year ended 31 August 2021
Period of accounts
Start date: 1 September 2020
End date: 31 August 2021
THE LOSS PROJECT CIC
Contents of the Financial Statements
for the Period Ended 31 August 2021
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
THE LOSS PROJECT CIC
Balance sheet
As at
Notes | 2021 | 2020 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Intangible assets: | | | |
Tangible assets: | 3 | | |
Investments: | | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | | | |
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | | |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 5 | ( | ( |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
THE LOSS PROJECT CIC
Balance sheet statements
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
THE LOSS PROJECT CIC
Notes to the Financial Statements
for the Period Ended 31 August 2021
-
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
Income and expenses are included in the financial statements as they become receivable or due.DonationsIncome from donations is recognised when there is evidence of entitlement to the gift, receipt is probable and the amounts can be measured reliably. Tangible fixed assets depreciation policy
Property, plant and equipment are initially measured at cost and subsequently measured at cost orvaluation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values overtheir useful lives on the following bases:Computers 33.33% straight lineThe gain or loss arising on the disposal of an asset is determined as the difference between the saleproceeds and the carrying value of the asset, and is credited or charged to surplus or deficit. Other accounting policies
Accounting conventionThe requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.TaxationThe tax expense represents the sum of the tax currently payable.Current tax: The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’sliability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
THE LOSS PROJECT CIC
Notes to the Financial Statements
for the Period Ended 31 August 2021
-
2. Employees
2021 2020 Average number of employees during the period 2 0
THE LOSS PROJECT CIC
Notes to the Financial Statements
for the Period Ended 31 August 2021
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 September 2020 | | | ||||
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 August 2021 | | | ||||
Depreciation | ||||||
At 1 September 2020 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 31 August 2021 | | | ||||
Net book value | ||||||
At 31 August 2021 | | | ||||
At 31 August 2020 | | |
THE LOSS PROJECT CIC
Notes to the Financial Statements
for the Period Ended 31 August 2021
4. Debtors
2021 | 2020 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
THE LOSS PROJECT CIC
Notes to the Financial Statements
for the Period Ended 31 August 2021
5. Creditors: amounts falling due after more than one year note
2021 | 2020 | |
---|---|---|
£ | £ | |
Other creditors | | |
Total | | |
THE LOSS PROJECT CIC
Notes to the Financial Statements
for the Period Ended 31 August 2021
6. Loans to directors
Name of director receiving advance or credit: | |
Description of the transaction: | |
| |
£ | |
---|---|
Balance at 31 August 2020 | |
Advances or credits made: | |
Advances or credits repaid: | |
Balance at 31 August 2021 | |
COMMUNITY INTEREST ANNUAL REPORT
THE LOSS PROJECT CIC
Company Number: 12178372 (England and Wales)
Year Ending: 31 August 2021
Loss is a universal experience that will affect us all at some point in our lives. Our vision is to create a loss positive culture that enables us all to accept grief and loss as a part of life and to support each other better. The Loss Project is creating a framework to help individuals, communities and organisations to acknowledge the loss in a healthier way in whatever context. We work with and acknowledge all losses, including living losses, such as jobs, relationships, connections etc as well as the loss of loved ones. We are interested to understand the interaction between losses and how we can create a culture that acknowledges, embraces and even celebrates this complex human experience.The Loss Project aims to generate a community response to loss by connecting people in local communities through their experiences of grief, loss and trauma, in whatever form they come in. Our mission is to challenge the stigma and taboo around loss, cutting through the barriers of difficult conversations and subjects that can often remain unspoken. We put people with lived experience first whilst building capacity, awareness, and confidence for us to support ourselves and each other. Through training, workshops, and bespoke creative community programmes, we aim to support communities to become more open and connected. During our first year in operation, we have delivered the following:- Continued delivering free monthly online group sessions for participants to share, process and connect with others experiencing loss,- Delivered a range of training and workshops with third sector organisations, including The Local Area Coordination Network, Goldsmith’s University, and The Local Trust- Delivered a project called The Long Lost Year with The Local trust, reflecting on loss and hope in light of the pandemic- Created a range of free and paid for resources, including creative writing bubble packs and how to run a community memorial- Supported a hospice in Scotland with coaching and mentoring of their Compassionate Communities team,Feedback includes: Carly’s enthusiasm and commitment to helping us flourish has been key to our early success in shaping a Compassionate Communities team here at St Columba’s Hospice Care. We have begun working with and alongside our local communities and neighbourhoods to engage people in conversations about death, dying, grief and loss, and to co-create meaningful and practical networks of support. We approached Carly after discovering her work on The Loss Project and the six, individually tailored mentoring sessions she offered us have been invaluable.The depth and range of Carly’s experience in both hospice and community development settings gave her real insight into the challenges we faced, organisationally and in our own development, both personal and professional. Carly offered a safe and confidential space, masses of flexibility to decide our own priorities at each online meeting, an insightful grasp of the learning curve we were on, and lots of laughter along the way. We couldn’t have hoped for a wiser or more generous cheerleader. Thanks Carly!”"I found it useful hearing other people's stories. It makes you feel that it's okay not to be okay.""The way I think about my loss is less of a loss and more of a connection with an absence. This gave me a chance to catch on to memories and bring them to life again.""I feel not so alone now about how I feel and that other people feel the same as I do. It's been great, thank you.""I liked that it was intimate and small; it feels comfortable. If there were double the amount of people, I think it would have been more anonymous/ less personal."Various Workshop Participant feedback'I engaged the Loss Project to deliver some workshops for the east London freelancer's Network. They were so empathetic and professional, listening to the needs of the network and even producing take-home mate-rials for those who couldn't attend the workshops. I'd use them again.'Lily Einhorn, East London Freelancer's Network (Theatre)
We have varied groups of stakeholders including people with lived experience of grief and loss. Our core work focuses on people losses and this is one of our biggest stakeholder groups. We have a collaborative spirit and as such consider everyone who participates in The Loss Project as a valued stakeholder, including our partners and external facilitators. We co-design our workshops with participants and flex our work to adapt to different contexts and losses. Our digital resources are codesigned and delivered where possible with people with lived experience. When we develop any project or piece of work, we undertake a full consultation and codesign process in order to inform our work, this is especially important due to the subject matter that we deal with. For example, The Long Lost Year project worked with staff, volunteers and members of the 150 site network to develop the project around loss and hope in light of the pandemic. This consultation and codesign process enabled us to design sensitive, effective and impactful workshops and activities that most benefited the network and culminated in the Big Connect event. More details can be found here: https://localtrust.org.uk/news-and-stories/blog/the-long-lost-year-creative-reflections-on-loss-and-hope/
The aggregate amount of emoluments paid to the directors totalled £26,677 and compensation for the directors' loss of office totalled £2,284.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
23 August 2022
And signed on behalf of the board by:
Name: Carly Attridge
Status: Director