Co-Produce It CIC

Co Produce It CIC exists to support communities, public bodies, and organisations to design and deliver projects using co production, participatory design, and community led approaches. The CIC’s work focuses on enabling communities to shape decisions, services, and environments that affect them as well as contributing to research in the field of coproduction. Review of the Business This was the CIC’s first year of operations. During the period, the organisation received the following income: - Just Space (Unrestricted) – supporting community-led planning, co produced activity, advocacy, and engagement. - Horizon (Restricted) – delivering action research activities, as set out in the Horizon Fairville project agreement, to enable a greater understanding of the role of co produced activities in alleviating social inequality. - Veolia (Restricted) – supporting community engagement activities in Church Street, London. The CIC received a £6,000 loan from Just Space, which provided essential working capital during the start up phase. Total income for the year was £14,413.60, with expenditure of £19,920.88, resulting in an operating deficit of £5,507.28. The CIC ended the year with £492.72 in cash. This reflects the CIC’s early stage investment in project delivery, staffing, and organisational setup as well as the main funding stream Horizon UKRI being paid quarterly in arrears.