THE MOTIVATION HUB (SERVICES) CIC

Company limited by guarantee

Company Registration Number:
11680615 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 1 December 2021

End date: 31 January 2023

THE MOTIVATION HUB (SERVICES) CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE MOTIVATION HUB (SERVICES) CIC

Profit And Loss Account

for the Period Ended 31 January 2023

14 months to 31 January 2023 2021


£

£
Turnover: 339,236 90,870
Cost of sales: ( 31,222 ) ( 17,516 )
Gross profit(or loss): 308,014 73,354
Administrative expenses: ( 310,048 ) ( 201,199 )
Other operating income: 157,101
Operating profit(or loss): (2,034) 29,256
Interest receivable and similar income: 19 1
Interest payable and similar charges: ( 312 ) ( 2 )
Profit(or loss) before tax: (2,327) 29,255
Tax: ( 103 ) ( 5,559 )
Profit(or loss) for the financial year: (2,430) 23,696

THE MOTIVATION HUB (SERVICES) CIC

Balance sheet

As at 31 January 2023

Notes 14 months to 31 January 2023 2021


£

£
Fixed assets
Tangible assets: 3 16,144 19,719
Total fixed assets: 16,144 19,719
Current assets
Debtors: 4 13,571 10,917
Cash at bank and in hand: 26,915 37,852
Total current assets: 40,486 48,769
Creditors: amounts falling due within one year: 5 ( 4,815 ) ( 11,215 )
Net current assets (liabilities): 35,671 37,554
Total assets less current liabilities: 51,815 57,273
Creditors: amounts falling due after more than one year: 6 ( 8,972 ) ( 12,000 )
Provision for liabilities: ( 2,519 ) ( 2,519 )
Total net assets (liabilities): 40,324 42,754
Members' funds
Profit and loss account: 40,324 42,754
Total members' funds: 40,324 42,754

The notes form part of these financial statements

THE MOTIVATION HUB (SERVICES) CIC

Balance sheet statements

For the year ending 31 January 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 October 2023
and signed on behalf of the board by:

Name: Ms Suzanne Sant
Status: Director

The notes form part of these financial statements

THE MOTIVATION HUB (SERVICES) CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 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

    Tangible fixed assets depreciation policy

    Motor Vehicles: 25% Reducing BalancePlant & Machinery: 25% Reducing BalanceOffice Equipment: 25% Reducing Balance

THE MOTIVATION HUB (SERVICES) CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    14 months to 31 January 2023 2021
    Average number of employees during the period 13 12

THE MOTIVATION HUB (SERVICES) CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2021 9,499 0 19,959 29,458
Additions 795 1,563 2,358
Disposals
Revaluations
Transfers
At 31 January 2023 10,294 1,563 19,959 31,816
Depreciation
At 1 December 2021 4,156 0 5,583 9,739
Charge for year 1,707 33 4,193 5,933
On disposals
Other adjustments
At 31 January 2023 5,863 33 9,776 15,672
Net book value
At 31 January 2023 4,431 1,530 10,183 16,144
At 30 November 2021 5,343 0 14,376 19,719

THE MOTIVATION HUB (SERVICES) CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Debtors

14 months to 31 January 2023 2021
£ £
Other debtors 13,571 10,917
Total 13,571 10,917

THE MOTIVATION HUB (SERVICES) CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Creditors: amounts falling due within one year note

14 months to 31 January 2023 2021
£ £
Bank loans and overdrafts 3,000
Taxation and social security 3,542 7,864
Accruals and deferred income 912
Other creditors 361 351
Total 4,815 11,215

THE MOTIVATION HUB (SERVICES) CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

6. Creditors: amounts falling due after more than one year note

14 months to 31 January 2023 2021
£ £
Bank loans and overdrafts 8,972 12,000
Total 8,972 12,000

COMMUNITY INTEREST ANNUAL REPORT

THE MOTIVATION HUB (SERVICES) CIC

Company Number: 11680615 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

The Motivation Hub offers day opportunities to adults aged 18+ who have additional learning needs. The aim of our service is to offer meaningful activities to all attendees. This includes community links, cookery, independent living skills, arts and crafts, various sports activities, music, drama, money skills, road safety, personal hygiene sessions and gardening.Our service encourages other community groups to come along and take part in events such as coffee mornings, theme days and exercise classes.Without our service, individuals would be left lonely and isolated. Activities provided very much help to enhance attendees lives. They build confidence, social skills, independent living skills and community cohesion.We also offer a free service to residents who are unable to walk their own dogs. We collect the dog from the door and walk it locally. This service is proving very successful, supporting those in need locally, as well as keeping our attendees fit and active.We have recently moved premises to a larger community building, Manor Farm. This gives greater opportunities for clients to meet new people and link together. This includes an older peoples service and a transition service for SEN individuals who are moving from children to adult services.We have also been able to offer food vouchers to all of our clients to help with the cost of living.Some of our clients have been interviewed by BBC Radio WM about what they achieve attending a local allotment each week.We are, at present, working towards producing a show raising awareness of Neuro Diversity.

Consultation with stakeholders

Communication tools are used at all stakeholder meetings. This is to ensure everyone is heard, tools include Makaton, symbols, object of reference and photographs.Often, people with additional learning needs have limited or no verbal communication. Therefore, it is vital to offer communication tools in the service that we provide.We hold meetings on a monthly basis. During these meetings we discuss what has been working well and not quite so well. We also discuss what new activities stakeholders wish to explore, and then look at ways that we can deliver these, taking into consideration health and safety and levels of risk.Our service is person centred and led by highly trained and professional staff.Attendees are always involved in our recruiting process, of both paid and voluntary staff.Attendees are also involved in events such as coffee mornings, and very much enjoy the opportunity to be hosts.

Directors' remuneration

The Directors received remuneration totalling £80,446 in the period to 31st January 2023.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
3 October 2023

And signed on behalf of the board by:
Name: Ms Suzanne Sant
Status: Director