BEEHIVE CARE CIC

Company limited by guarantee

Company Registration Number:
10751354 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

BEEHIVE CARE CIC

Contents of the Financial Statements

for the Period Ended 31 May 2023

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

BEEHIVE CARE CIC

Directors' report period ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Directors

The director shown below has held office during the period of
1 June 2022 to 3 March 2023

C Johnson-Alem


The directors shown below have held office during the period of
3 March 2023 to 31 May 2023

S Presland
V Presland


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
11 October 2023

And signed on behalf of the board by:
Name: S Presland
Status: Director

BEEHIVE CARE CIC

Profit And Loss Account

for the Period Ended 31 May 2023

2023 2022


£

£
Turnover: 39,313 54,756
Cost of sales: ( 14,863 ) ( 19,433 )
Gross profit(or loss): 24,450 35,323
Administrative expenses: ( 50,764 ) ( 44,203 )
Other operating income: 1,892
Operating profit(or loss): (26,314) (6,988)
Interest receivable and similar income: 42 10
Profit(or loss) before tax: (26,272) (6,978)
Tax: 1,030
Profit(or loss) for the financial year: (26,272) (5,948)

BEEHIVE CARE CIC

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 175 184
Total fixed assets: 175 184
Current assets
Debtors: 4 2,651 6,796
Cash at bank and in hand: 2,396 29,247
Total current assets: 5,047 36,043
Creditors: amounts falling due within one year: 5 ( 6,190 ) ( 10,923 )
Net current assets (liabilities): (1,143) 25,120
Total assets less current liabilities: (968) 25,304
Total net assets (liabilities): (968) 25,304
Members' funds
Profit and loss account: (968) 25,304
Total members' funds: ( 968) 25,304

The notes form part of these financial statements

BEEHIVE CARE CIC

Balance sheet statements

For the year ending 31 May 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 11 October 2023
and signed on behalf of the board by:

Name: S Presland
Status: Director

The notes form part of these financial statements

BEEHIVE CARE CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over itsestimated useful life.

    Other accounting policies

    TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensiveincome or directly in equity.Current or deferred taxation assets and liabilities are not discounted.Current tax is recognised at the amount of tax payable using the tax rates and laws that havebeen enacted or substantively enacted by the balance sheet date.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but notreversed at the balance sheet date.Timing differences arise from the inclusion of income and expenses in tax assessments inperiods different from those in which they are recognised in financial statements. Deferred tax ismeasured using tax rates and laws that have been enacted or substantively enacted by the yearend and that are expected to apply to the reversal of the timing difference.Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it isprobable that they will be recovered against the reversal of deferred tax liabilities or other futuretaxable profits.Hire purchase and leasing commitmentsRentals paid under operating leases are charged to surplus or deficit on a straight line basisover the period of the lease. Pension costs and other post-retirement benefitsThe company operates a defined contribution pension scheme. Contributions payable to thecompany's pension scheme are charged to profit or loss in the period to which they relate.

BEEHIVE CARE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 4

BEEHIVE CARE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2022 4,581 4,581
Additions 231 231
Disposals
Revaluations
Transfers
At 31 May 2023 4,812 4,812
Depreciation
At 1 June 2022 4,397 4,397
Charge for year 240 240
On disposals
Other adjustments
At 31 May 2023 4,637 4,637
Net book value
At 31 May 2023 175 175
At 31 May 2022 184 184

BEEHIVE CARE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Debtors

2023 2022
£ £
Trade debtors 1,208 1,665
Other debtors 1,443 5,131
Total 2,651 6,796

BEEHIVE CARE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 243
Taxation and social security 614
Other creditors 6,190 10,066
Total 6,190 10,923

BEEHIVE CARE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

6. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
The loan had been provided to C Johnson-Alem. She resigned during the year and the amount outstanding is reflected within other debtors on the balance sheet.
£
Balance at 31 May 2022 3,325
Advances or credits made: 225
Advances or credits repaid: 2,255
Balance at 31 May 2023 1,295

COMMUNITY INTEREST ANNUAL REPORT

BEEHIVE CARE CIC

Company Number: 10751354 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

During 2023 Beehive Care CIC, has continued to support the community of Slough. We provide services to disadvantaged children, including those with disabilities as well as adults with additional needs.We provide Short Breaks, a Youth Group, one to one support and continue to offer support over the phone and on social media.Our organised activities are all inclusive. All our services are run on a not-for-profit basis.

Consultation with stakeholders

We regularly consult with Slough Borough Council, our employees and those who access the services we provide. This is done so we can evaluate our provision.We are constantly looking for opportunities to support the vulnerable in the local community and are currently in talks with our stakeholders (other local community-benefiting organisations) about future opportunities where we can provide support.

Directors' remuneration

Director's remuneration for the year amounted to £14,796.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: S Presland
Status: Director