Company Number: 4409137
THE INCREDIBLE DESIGN COMPANY
(LIMITED BY GUARANTEE)
DIRECTORS' AND TRUSTEES' REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
Charity Number : 1093222
BEGBIES Chartered Accountants 9 Bonhill Street London EC2A 4DJ
THE INCREDIBLE DESIGN COMPANY
CONTENTS
| Page No. | |
|---|---|
| Legal and Administrative Information | 1 |
| Report ofthe Trustees and Directors | 2-4 |
| Statement ofFinancial Activities | 5 |
| Balance Sheet | 6 |
| Notes Forming Part ofthe Financial Statements | 7-12 |
| Accountant'sReport | 13 |
THE INCREDIBLE DESIGN COMPANY
LEGAL AND ADMINISTRATIVE INFORMATION
Directors and Trustees CS Jones JR Smith R G Rutherford (Resigned 14 October 2025) P R Sentance S Francis C LE Hind (Appointed 14 October 2025) L Hurrell (Appointed 14 October 2025) A J Schlup (Appointed 14 October 2025) Secretary CS Jones Registered Office The Incredible Design Company Unit 1B Ashgrove Farm Piltdown East Sussex TN22 3XN Bankers CAF Cash Limited PO Box 289 West Malling Kent ME19 4TA Accountants Begbies Chartered Accountants 9 Bonhill Street London EC2A 4DJ Charity Registration Number 1093222 (1)
THE INCREDIBLE DESIGN COMPANY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
The trustees, who are also directors of the charity for the purposes of the Companies Act, present their annual report together with the accounts of the charity for the year ended 31 August 2025.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS102) (effective 1 January 2019).
Objects of the Charity, Principal Activities and Organisation of our Work
The charity is constituted as a company limited by guarantee, and is therefore governed by a Memorandum and Articles of Association.
The purposes of the charity and its principal activities are:
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a) Providing and promoting opportunities for people with disabilities (particularly but not exclusively young people with disabilities) to develop their skills and capacities;
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b) Providing and promoting vocational training and employment opportunities for people with disabilities, particularly but not exclusively young people with disabilities.
The trustees have taken the charity commission public benefit guidance into account when making any decision to which it is relevant.
The Incredible Design Company (IDC) is managed on a day to day basis by a full time Centre Director - with overall responsibility for the centre with emphasis on the special needs aspect of the operation, assisted by a full time Deputy Centre Director able to cover the special needs aspect of the centre's running when required but with an emphasis upon the product design, production and product development aspects. Care support for disabled staff is provided by a part time Care Assistant. Additional administration support is provided by a part time Admin Assistant. Further support is provided by the trustees who, in addition to executing their trustee responsibilities support the staff of the centre on a day to day requirement as well as being involved in fund raising activities.
Development, Activities and Achievements this Year
The year has been one of significant progress and transformation for the charity, marked by both operational growth and a major investment in our future sustainability.
A key achievement during the year was the successful relocation and full refurbishment of our premises. This ambitious project was completed within a 12-week period, made possible through the generous support of funders and the dedication of our team. The move has provided a significantly improved working environment, enabling us to better support the individuals we work with while also strengthening our ability to operate as a professional print business.
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THE INCREDIBLE DESIGN COMPANY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
Development, Activities and Achievements this Year (Continued)
The new premises have already had a clear and positive impact. The improved layout, facilities and working conditions have enhanced day-to-day operations and created a more accessible and supportive environment for our participants. Feedback from clients has also been extremely positive, with the upgraded space contributing to increased confidence in our services and a stronger overall customer experience.
This has been reflected in our financial performance, with trading turnover increasing to £154,310 during the year. This growth demonstrates the continued development of our commercial activities and reinforces our position as a social enterprise that generates a significant proportion of its income through trading.
Alongside this, the charity has continued to deliver meaningful opportunities for individuals who may not otherwise be able to access traditional employment. Our focus remains on providing a safe, inclusive and purposeful working environment, where individuals can build confidence, develop skills and take part in real, valued work. The trustees consider the developments of this year to be a major step forward in strengthening both the charity’s operational capacity and its long-term sustainability. The investment in premises, combined with continued growth in trading income, places the organisation in a strong position to build on this progress in the years ahead.
Reserves
- The trustees aim to maintain sufficient reserves to ensure the continuity of the charity’s activities and to manage financial risk. The charity distinguishes between: ° Free reserves, (unrestricted funds available for general use), . Designated reserves (funds set aside by trustees for specific future purposes), and . Restricted funds (funds received for specific purposes and not available for general use).
At 31 August 2025, total funds amounted to £410,529. However, this includes fixed assets representing investment in equipment and leasehold improvements, which are not readily realisable as cash.
The trustees therefore consider the charity’s liquid reserves (excluding fixed assets) to be approximately £340,000.
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Of this: . £100,000 is held as free reserves, representing approximately six months of operating costs. This level has been set to ensure the charity can continue to operate in the event of unforeseen income disruption or cost pressures.
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e The remaining funds are designated reserves, set aside to support the long-term sustainability of the charity, including:
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QO Premises security and potential relocation costs o Investment in equipment and infrastructure QO Development of future income-generating activities a) Sponsorship of placements for service users
.
: ..
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THE INCREDIBLE DESIGN COMPANY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
Reserves (Continued)
During the year, restricted funding of £77,750 was fully utilised to fund premises improvements. As these costs relate to capital investment, they are reflected within fixed assets rather than as immediate expenditure, and therefore do not represent available reserves.
The trustees review the level and designation of reserves on an ongoing basis to ensure they remain appropriate to the charity’s needs, risks and strategic plans.
Directors and Trustees
All directors of the company are also trustees of the charity, and there are no other trustees. The trustees serving during the year were as follows:
CS Jones JR Smith R G Rutherford (Resigned 14 October 2025) P R Sentance S Francis
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Risk Management
The trustees actively review the major risks which the charity faces on a regular basis.
This report is prepared in accordance with special provisions relating to small companies within part 15 of the Companies Act 2006.
This report was approved by the board of directors and trustees on 22 April 2026 and signed on its behalf.
~ — CS Jones Trustee
,
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THE INCREDIBLE DESIGN COMPANY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2025
| Summary income and | 2025 | 2024 | ||||
|---|---|---|---|---|---|---|
| expenditure account | Unrestricted | Restricted | Total | Total | ||
| General | Designated | |||||
| Fund | Funds | |||||
| Notes | £ | £ | £ | £ | £ | |
| Income from:- | ||||||
| Attendance fees | 53,200 | - | - | 53,200 | 53,644 | |
| Donations and legacies | 2 | 9,365 | 5,940 | 77,750 | 93,055 | 29,253 |
| Trading activities | 3 | 154,310 | - | - | 154,310 | 144,586 |
| Investment income | 4 | 12,773 | - | - | 12,773 | 14,043 |
| Total income | 229,648 | 5,940 | 77,750 | 313,338 | 241,526 | |
| Expenditure on:- | ||||||
| Raising funds | 5 | 74,802 | - | - | 74,802 | 67,628 |
| Charitable activities | 6 | 181,313 | 6,792 | - | 188,105 | 174,612 |
| Total expenditure | 256,115 | 6,792 | - | 262,907 | 242,240 | |
| Netincome | (26,467) | (852) | 77,750 | 50,431 | (714) | |
| Transferbetween funds | 26,467 | 51,283 | = (77,750) | - | - | |
| Netmovement in funds | - | 50,431 | - | 50,431 | (714) | |
| Reconciliation offunds | ||||||
| Total funds brought forward | 100,000 | 260,098 | - | 360,098 | 360,812 | |
| Totalfundscarriedforward | 100,000 | 310,529 | - | 410,529 | 360,098 |
.
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Company Number: 4409137
THE INCREDIBLE DESIGN COMPANY
BALANCE SHEET AS AT 31 AUGUST 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible assets Investments |
8 9 |
70,873 240,000 |
15,386 240,000 |
||
| Total fixed assets | 310,873 | 255,386 | |||
| , | |||||
| Current assets | |||||
| Stock | 3,811 | 3,075 | |||
| Debtors Cash atbankand inhand |
10 {1 |
19,659 85,132 |
14,614 97,790 |
||
| Total current assets | 108,602 | 115,479 | |||
| Creditors | |||||
| Amounts falling due | |||||
| withinoneyear | 12 | (8,946) | (10,767) | ||
| Net current assets | 99,656 | 104,712 | |||
| Net assets | £410,529 | £ 360,098 | |||
| The funds of the charity | |||||
| Unrestricted funds - | |||||
| General fund | 100,000 | 100,000 | |||
| Designatedfunds | 310,529 410,529 |
260,098 360,098 |
|||
| Restricted funds | 13 | - | - | ||
| £410,529 | -£360,098 |
For the year ending 31 August 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 in accordance with the provisions applicable to companies subject to the small companies regime.
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The accounts were approved by the board of directors on 22 April 2026 and signed on its behalf
:
vececavgeiseseecessscenssecssA@oseseeeeeeeDirector and Trustee . . CS Jones
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THE INCREDIBLE DESIGN COMPANY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
1)
Accounting Policies
(a) Basis of accounting
- The accounts have been prepared under the historical cost convention as modified to include investments at valuation. The accounts have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011, and the Companies Act 2006.
The trustees consider there are no material uncertainties about the charitable company's ability to continue as a going concern.
(b) Income
- Voluntary income and donations are included in incoming resources when they are receivable, except when donors’ conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in the cost of raising funds.
Income from government and other grants, whether ‘capital’ grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants has been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
(c) Expenditure
Expenditure is classified under the following activity headings:-
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° Costs of raising funds comprise the direct costs of trading.
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e Costs of charitable activities includes the overhead costs of the organisation and the governance costs.
(d) Tangible fixed assets
Fixed assets are capitalised at cost.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:
Equipment
25% straight line basis
(e) Stocks
- Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
(f) Fund accounting
- Unrestricted funds are those that are available for use at the trustees' discretion in furtherance of any of the objectives of the charity.
.
Designated funds are unrestricted funds set aside at the discretion of the trustees for specific purposes.
Restricted funds are those donated for a specific purpose.
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THE INCREDIBLE DESIGN COMPANY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
1) Accounting Policies (Continued)
(g ) Governance Costs
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. The costs include those relating to accountancy services, insurance and investment portfolio charges.
2)
3)
4)
| Donations and Legacies | 2025 | 2024 | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| £ | £ | £ | £ | |
| Mr&Mrs Williams | 1,480 | 6,250 | 7,730 | 1,460 |
| TekExpress | - | - | - | 7,680 |
| Kalimex | 3,240 | - | 3,240 | 3,240 |
| GMIFC Ltd | 1,200 | - | 1,200 | 1,200 |
| Uckfield Framing | 1,200 | - | 1,200 | 1,200 |
| Anton Jurgen Charitable Trust | - | - | - | 5,000 |
| National Lottery | - | 20,000 | 20,000 | ~ |
| Ernst Kleinwort Trust | - | 10,000 | 10,000 | - |
| SussexMark Benevolent Fund | - | 5,000 | 5,000 | - |
| ChaileyHeritage Old Scholars | - | 3,000 | 3,000 | - |
| The MarkMasons Benevolent Fund | - | 15,000 | 15,000 | - |
| The GoldbergMemorial Trust | 4,000 | 10,000 | 14,000 | 4,000 |
| Freemasons Order ofRoyal and | ||||
| Select Masters | - | 3,500 | 3,500 | - |
| SamanthaFrancis | 1,920 | - | 1,920 | - |
| Chalk Hill Trust | - | 5,000 | 5,000 | 4,000 |
| Individual Donations under £1,000 | 2,265 | - | 2,265 | 1,473 |
| 15,305 | 77,750 | 93,055 | 29,253 | |
| Income from trading activities | 2025 | 2024 | ||
| £ | £ | |||
| Sale ofprinted promotional items and clothing | 154,310 | 144,586 | ||
| InvestmentIncome | 2025 | 2024 | ||
| £ | £ | |||
| Dividend income | - | 318 | ||
| Interest receivable on cash deposits | 12,773 | 13,725 | ||
| 12,773 | 14,043 |
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THE INCREDIBLE DESIGN COMPANY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
| 5) | (a) | Expenditure on | 2025 | 2024 |
|---|---|---|---|---|
| raising funds | £ | £ | ||
| Direct costs ofsale of | ||||
| printed promotional items and clothing : | ||||
| Opening stock | 3,075 | 4,645 | ||
| Purchases | 71,322 | 64,132 | ||
| Less: closing stock | (3,811) | (3,075) | ||
| 70,586 | 65,702 | |||
| Fundraising Costs | 4,216 | 1,926 | ||
| 74,802 | 67,628 | |||
| 5) | (b) | Net income from activities - general funds | 2025 | 2024 |
| £ | £ | |||
| Income from activities (Note 3) | 154,310 | 144,586 | ||
| Cost ofgenerating funds (Note 5a) | (74,802) | (67,628) | ||
| 79,508 | 76,958 | |||
| 6) | Charitable activities | 2025 | 2024 | |
| £ | £ | |||
| Overhead costs | ||||
| Staffcosts (Note 7) | 130,057 | 121,457 | ||
| Rent and Service Charge | 15,280 | 16,250 | ||
| Light andHeat | 3,654 | 1,738 | ||
| Telephone | 1,092 | 617 | ||
| Repairs and maintenance | 4,032 | 913 | ||
| Postage and stationery | 1,827 | 1,574 | ||
| Advertising& promotion | 1,301 | 362 | ||
| Printing costs | 1,764 | 1,783 | ||
| Computer expenses | 2,879 | 3,391 | ||
| Depreciation | 18,488 | 17,945 | ||
| Other administrative costs | 3,487 | 3,897 | ||
| 183,861 | 169,927 | |||
| Governance costs | ||||
| Accountancy | 1,700 | 1,625 | ||
| Legal Fees | 57 | 400 | ||
| Insurance | 2,487 | 2,660 | ||
| 4,244 | 4,685 | |||
| Totalcharitableactivities | 188,105 | 174,612 |
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THE INCREDIBLE DESIGN COMPANY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
(CONTINUED)
| 7) | Staffcosts | 2025 | 2024 | |||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Wages and salaries | . | 121,848 | 115,244 | |||
| Social security costs | 6,395 | 5,925 | ||||
| Pension costs | 1,814 | 288 | ||||
| 130,057 | 121,457 | |||||
| The average weeklynumber ofstaffemployed, | calculated as fulltime equivalents during | the period | ||||
| was as follows: | ||||||
| 2025 | 2024 | |||||
| Direct charitable work | 4 | 4 | ||||
| No employee received | remuneration ofmore than £60,000 (2024: Nil). | |||||
| Leasehold | ||||||
| 8) | Tangible fixed assets | Equipment | Improvements | Total | ||
| £ | &£ | £ | ||||
| Cost | . | |||||
| At 1 September 2024 | 167,940 | - | 167,940 | |||
| Additions | 3,784 | 70,191 | 73,975 | |||
| At 31 August2025 | 171,724 | 70,191 | 241,915 | |||
| Depreciation | ||||||
| At 1 September 2024 | 152,554 | - | 152,554 | |||
| Charge fortheYear | 10,299 | 8,189 | 18,488 | |||
| At 31 August2025 | 162,853 | 8,189 | 171,042 | |||
| Net book value | ||||||
| At31 August2025 | 8,871 | 62,002 | ~ | 70,873 | ||
| At31August2024 | 15,386 | - | 15,386 |
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THE INCREDIBLE DESIGN COMPANY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
| 9) | Fixed asset investments | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| Market value at 1 September 2024 | 240,000 | - | |
| Cash deposits classified as fixed asset investment | - | 240,000 | |
| Market value at 31 August 2025 | 240,000 | 240,000 | |
| Historicalcostat31August2025 | 240,000 | 240,000 |
Investments are held primarily to provide an investment return for the charity. The fixed asset investment comprises a proportion of fixed term cash deposits which the trustees consider will be re-invested in the longer term when the current term matures in the next year.
| 10) | Debtors | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| Trade debtors | 10,302 | 8,164 | |
| Prepayments and accrued income | 9,357 | 6,450 | |
| 19,659 | 14,614 |
11) Cash at bank
Includes fixed term bank deposits of £32,814 which represents a proportion of the total such deposits of £272,814 maturing within one year which the trustees consider may be required towards charitable expenditure. The balance of £240,000 has been treated as a fixed asset investment, see note 9.
| 12) | Creditors: Amounts falling duewithin oneyear | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| Trade creditors | 4,986 | 7,366 | |
| Othertaxation and social security | 2,260 | 1,801 | |
| Accruals and deferred income | 1,700 | 1,600 | |
| 8,946 | 10,767 |
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THE INCREDIBLE DESIGN COMPANY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025 (CONTINUED)
| 13) | Movement in funds | Movement in funds | At | Transfers | Gains | At | ||
|---|---|---|---|---|---|---|---|---|
| 1 Sept | Between | and | 31Aug | |||||
| a) | Thisyear | 2024 | Income | Expenditure | Funds | Losses | 2025 | |
| £ | £ | £ | £ | £ | £ | |||
| Unrestricted funds - | ||||||||
| General fund | 100,000 | 229,648 | (256,115) | 26,467 | - | 100,000 | ||
| Designated funds | : | |||||||
| Sponsorship fund | 2,271 | 5,940 | (6,792) | - | - | 1,419 | ||
| Capital development | 257,827 | - | - | 51,283 | - | 309,110 | ||
| 360,098 | 235,588 | (262,907) | 77,750 | - | 410,529 | |||
| Restricted funds | ||||||||
| Leasehold Improvement | - | 74,750 | - | (74,750) | - | - | ||
| Equipment grants | - | 3,000 | - | (3,000) | - | - | ||
| - | 77,750 | - | (77,750) | - | - | |||
| b) | Previous year | At | Transfers | Gains | At | |||
| 1 Sept | Between | and | 31Aug | |||||
| 2023 | Income | Expenditure | Funds | Losses | 2024 | |||
| £ | £ | £ | £ | £ | £ | |||
| Unrestricted funds | ||||||||
| General fund | 100,000 | 226,586 | (236,642) | 10,056 | - | 100,000 | ||
| Designated funds | : | |||||||
| Sponsorship fund | 1,929 | 5,940 | (5,598) | - | - | 2,271 | ||
| Capital development | 258,883 | - | - | (1,056) | - | 257,827 | ||
| 360,812 | 232,526 | (242,240) | 9,000 | - | 360,098 | |||
| Restricted funds | ||||||||
| Salary Support | - | 9,000 | - | (9,000) | - | - | ||
| Equipment grants | - | - | - | - | - | - | ||
| - | 9,000 | - | (9,000) | - | — |
14) Trustees expenses and remuneration
The trustees all give freely of their time and expertise without any form of remuneration or other benefit in cash or kind (2024: £Nil).
No expenses were paid to the trustees in the year (2024: £Nil).
During the year there were no other related party transactions (2024: £Nil)
| 15) | Other financial commitments | 2025 | 2024 | |
|---|---|---|---|---|
| £ | £ | |||
| Total future minimum payments | under non cancellable | |||
| operating leases | . | 36,600 | - | |
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INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE INCREDIBLE DESIGN COMPANY
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since the Company's gross income exceeded £250,000, your examiner must be a member of a body listed in Section 145 of the 2011 Act. I confirm I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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1, accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair’ view which is not a matter considered as part of an independent examination; or
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4, the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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. bs Gory [I lon
Signed: S/o/° PIV
—_——— ‘
Christopher Pexton, FCA
Begbies, Chartered Accountants
9 Bonhill Street, London EC2A 4DJ
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Date: 28 April 2026
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