for the Period Ended 30 April 2020
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 April 2020
Political and charitable donations
Directors
The directors shown below have held office during the period of
5 December 2019 to 30 April 2020
The directors shown below have held office during the whole of the period from
11 April 2019 to 30 April 2020
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
13 months to 30 April 2020 | ||
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| £ | |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Administrative expenses: | ( | |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Tax: | ( | |
Profit(or loss) for the financial year: | |
As at
Notes | 13 months to 30 April 2020 | ||
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| £ | ||
Fixed assets | |||
Intangible assets: | | ||
Tangible assets: | | ||
Investments: | | ||
Total fixed assets: | | ||
Current assets | |||
Stocks: | | ||
Debtors: | | ||
Cash at bank and in hand: | | ||
Total current assets: | | ||
Creditors: amounts falling due within one year: | 3 | ( | |
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Total net assets (liabilities): | | ||
Members' funds | |||
Profit and loss account: | | ||
Total members' funds: | |
The notes form part of these financial statements
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
for the Period Ended 30 April 2020
Basis of measurement and preparation
Turnover policy
for the Period Ended 30 April 2020
13 months to 30 April 2020 | ||
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Average number of employees during the period | |
for the Period Ended 30 April 2020
13 months to 30 April 2020 | ||
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£ | ||
Taxation and social security | | |
Accruals and deferred income | | |
Total | |
The company provides the public with accurate, fair, and reliable fact-check articles, published on its website. It also provides training courses, events, and educational resources. The company was incorporated on 10 April 2019. During the financial year 2019–2020, the company’s activities have benefited the community in the following ways97,541 users were able to learn the accuracy of claims and/or discover other useful information, through 38 fact checks and 5 explainer articles published on its website;2,500 members of the Community Development and Health Network (CDHN), plus the thousands of people it supports, benefited from a working partnership, with fact checks and explainer articles published by FactCheckNI, on the COVID-19 Information Dissemination (COVID-19 ID) Project, to improve people’s health literacy about COVID-19 by providing accurate and up-to-date information that increased knowledge, understanding and confidence and enabled people to make good health decisions;The company provided commissioned work for 5 people, placements for 1 intern, and opportunities for 36 volunteers;Its fact-checking toolkit webpage was accessed 2,000 times, providing visitors with simple, practical tools to identify misinformation;It continued to build its social media and online presence to share fact checks, explainer articles and news about FactCheckNI with local Northern Ireland audiences (648,300 Twitter impressions and 2,117 new followers during the period); andIt contributed to the online 2020 Imagine! Belfast Festival of Politics and Ideas with a session that opened up the history of fact checking and the contemporary need for it with contributors that included Professor Harith Alani from The Open University, Linda Keys from NISRA, and former head of BBC News NI Kathleen Carragher. (55 viewers)
The CIC’s stakeholders are its subscribers, who are updated via direct correspondence and newsletters.
Three of the directors received remuneration for their services to the company.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
27 January 2021
And signed on behalf of the board by:
Name: Orna Young
Status: Director