PROJECT FACTORY CICActive

Company number 12097914Community interest companyIncorporated 2019

Key figures

£4,366+95.3%
Net assets 2024/25
+90.3%
Average annual growth 2019/20–2024/25
02 k4 k6 k2019/202020/212021/222022/232023/242024/25

Ratios

2024/25
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
05 k10 k15 k2019/202020/212021/222022/232023/242024/25
Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Turnover17,51065,52420,1323,61415,051
Cash at bank and in hand7,2239,2642,2332,2357,366
Total assets7,2239,2642,2332,2357,366
Total liabilities2,1824,124——3,000
Net assets / total equity5,0415,1402,2332,2354,366
Average number of employees00000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2025

Directors’ Report – Project Factory CIC (Year Ending 2025) Project Factory CIC is a community interest company dedicated to delivering high-quality, volunteer-led initiatives through events, project development, and collaborative partnerships. The organisation provides administrative, communications, marketing, and fundraising support, alongside strategic consultation to enable community projects to thrive. During the year, Project Factory refined its programme of activity, focusing on a smaller number of impactful initiatives that continued to deliver meaningful community engagement. In January 2025, Project Factory delivered a series of lantern-making workshops under the theme Carnival of Animals, culminating in the annual Lantern Parade in Wells. The parade began at Wells Cathedral and processed through the Medieval Quarter, maintaining its position as a key cultural event in the local calendar. The workshops were supported by a dedicated team of volunteers and attracted broad participation from families across the community. Particular emphasis was placed on inclusive engagement, with involvement from members of the displaced Ukrainian community. These intergenerational sessions encouraged creativity, collaboration, and social connection. As part of this programme, Project Factory also delivered a tailored workshop for members of The Lawrence Centre, supporting individuals living with age-related conditions, including memory loss. In line with its commitment to accessibil

As described in the company's latest filed accounts.

Summary: PROJECT FACTORY CIC

Company

PROJECT FACTORY CIC is a community interest company registered with Companies House under company number 12097914. It was incorporated on 11 Jul 2019. Its status is active. The registered office is in Wells (BA5). Its nature of business (SIC 2007) is other education n.e.c. (85590), other service activities n.e.c. (96090).

Accounts

The latest accounts in the database are for 2024/25 (period ending 31 Jul 2025); the company files small company accounts (filleted). Turnover was £15,051. Net assets were £4,366, up 95.3% on the previous year. Cash at bank and in hand was £7,366. Total assets were £7,366 and total liabilities £3,000. The company had an average of 0 employees. Figures are available for 6 financial years (2019/20–2024/25).

Control and charges

One person with significant control is registered.

Filing deadlines

The next accounts are due by 30 Apr 2027. The next confirmation statement is due by 4 Aug 2027.