THE WELLNESS PROJECT C.I.C.

Company limited by guarantee

Company Registration Number:
12459909 (England and Wales)

Unaudited statutory accounts for the year ended 21 February 2023

Period of accounts

Start date: 22 February 2022

End date: 21 February 2023

THE WELLNESS PROJECT C.I.C.

Contents of the Financial Statements

for the Period Ended 21 February 2023

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

THE WELLNESS PROJECT C.I.C.

Directors' report period ended 21 February 2023

The directors present their report with the financial statements of the company for the period ended 21 February 2023

Directors

The directors shown below have held office during the whole of the period from
22 February 2022 to 21 February 2023

MARIE GRAHAM
REBECCA BROOKFIELD
FELICITY KELLY


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
1 November 2023

And signed on behalf of the board by:
Name: MARIE GRAHAM
Status: Director

THE WELLNESS PROJECT C.I.C.

Profit And Loss Account

for the Period Ended 21 February 2023

2023 2022


£

£
Turnover: 39,012 7,726
Cost of sales: ( 3,538 ) 0
Gross profit(or loss): 35,474 7,726
Distribution costs: 0 0
Administrative expenses: ( 41,676 ) ( 8,654 )
Other operating income: 9,159 1,503
Operating profit(or loss): 2,957 575
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 440 ) 0
Profit(or loss) before tax: 2,517 575
Tax: ( 349 ) ( 109 )
Profit(or loss) for the financial year: 2,168 466

THE WELLNESS PROJECT C.I.C.

Balance sheet

As at 21 February 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 486 0
Investments:   0 0
Total fixed assets: 486 0
Current assets
Stocks:   0 0
Debtors: 4 4,554 35
Cash at bank and in hand: 9,730 3,066
Investments:   0 0
Total current assets: 14,284 3,101
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 6,803 ) ( 2,635 )
Net current assets (liabilities): 7,481 466
Total assets less current liabilities: 7,967 466
Creditors: amounts falling due after more than one year: 6 ( 5,333 ) 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 2,634 466
Members' funds
Profit and loss account: 2,634 466
Total members' funds: 2,634 466

The notes form part of these financial statements

THE WELLNESS PROJECT C.I.C.

Balance sheet statements

For the year ending 21 February 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 1 November 2023
and signed on behalf of the board by:

Name: MARIE GRAHAM
Status: Director

The notes form part of these financial statements

THE WELLNESS PROJECT C.I.C.

Notes to the Financial Statements

for the Period Ended 21 February 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

    TurnoverTurnover is measured at the fair value of the consideration received or receivable, net of discounts and value addedtaxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover isreduced for estimated customer returns, rebates and other similar allowances.Sale of goodsTurnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods hastransferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.Rendering of servicesTurnover from the rendering of services is recognised by reference to the stage of completion of the contract. Thestage of completion of a contract is measured by comparing the costs incurred for work performed to date to the totalestimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of acontract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible Fixed Assets and DepreciationTangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value,over their expected useful lives on the following bases:Computer Equipment 4 Years Straight Line

    Other accounting policies

    TaxationIncome tax expense represents the sum of the tax currently payable and deferred tax.The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported inthe statement of comprehensive income because of items of income or expense that are taxable or deductible in otheryears and items that are never taxable or deductible. The company's liability for current tax is calculated using taxrates that have been enacted or substantively enacted by the end of the reporting period.Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financialstatements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities aregenerally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductibletemporary differences to the extent that it is probable that taxable surplus will be available against which thosedeductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of eachreporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be availableto allow all or part of the asset to be recovered.Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which theliability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantivelyenacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities anddeferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequencesthat would follow from the manner in which the Company expects, at the end of the reporting period, to recover orsettle the carrying amount of its assets and liabilities.Current or deferred tax for the year is recognised in surplus or deficit, except when they related to items that arerecognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is alsorecognised in other comprehensive income or directly in equity respectively.

THE WELLNESS PROJECT C.I.C.

Notes to the Financial Statements

for the Period Ended 21 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

THE WELLNESS PROJECT C.I.C.

Notes to the Financial Statements

for the Period Ended 21 February 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 22 February 2022 0 0
Additions 648 648
Disposals
Revaluations
Transfers
At 21 February 2023 648 648
Depreciation
At 22 February 2022 0 0
Charge for year 162 162
On disposals
Other adjustments
At 21 February 2023 162 162
Net book value
At 21 February 2023 486 486
At 21 February 2022 0 0

THE WELLNESS PROJECT C.I.C.

Notes to the Financial Statements

for the Period Ended 21 February 2023

4. Debtors

2023 2022
£ £
Trade debtors 3,980 35
Prepayments and accrued income 574 0
Other debtors 0 0
Total 4,554 35
Debtors due after more than one year: 0 0

THE WELLNESS PROJECT C.I.C.

Notes to the Financial Statements

for the Period Ended 21 February 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Taxation and social security 349 109
Accruals and deferred income 4,770 2,526
Other creditors 1,684 0
Total 6,803 2,635

Other Creditors = Social Investment Loan

THE WELLNESS PROJECT C.I.C.

Notes to the Financial Statements

for the Period Ended 21 February 2023

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

2023 2022
£ £
Other creditors 5,333 0
Total 5,333 0

Other Creditors = Social Investment Loan

COMMUNITY INTEREST ANNUAL REPORT

THE WELLNESS PROJECT C.I.C.

Company Number: 12459909 (England and Wales)

Year Ending: 21 February 2023

Company activities and impact

Our second year of operation has been one of consolidation and growth. We were successful in securing a Social Investment Loan that has helped us to develop communications and impact measurement systems as well as raising our profile so we can grow and consolidate our services. During this year, we have delivered a range of wellbeing services and activities to members of community groups as well as volunteers and employees from the VCSE (Voluntary, Community and Social Enterprise), public and private sectors. We have also expanded our services to include menopause awareness workshops in the workplace.We have delivered services to 441 different people.- 95% of attended said they had increased in knowledge after attending our training sessions- 85% of participant said they had increased in confidence and motivation to make changes- 90% of long term yoga attendees said their mental and physical health had improved.- 80% of managers reported that they felt more confident in supporting employee mental wellbeing after attending sessions- 90% of people attending Living life to the Full and Reclaim your life reported they had increased in confidence and felt more positive about their lives.Activities and services have included- Teaching yoga, mindfulness, healthy snacks and gentle exercises to people living with Multiple Sclerosis (from the MS Society Trafford and MS Therapy Centre NW), members of Age UK Bury, and Salford Loaves and Fishes. - Living life to the full and Reclaim your life courses for older people at Age UK Bury and Longsight Lodge Bolton.- In partnership with Manchester Mind and Stockport Mind, delivering a range of training to employees and managers within private sector businesses and networks. - Training delivered has included Mental health awareness, Stress management, Effective wellbeing conversations, Introduction to CBT, Suicide awareness and Menopause awareness. - Some of the organisations we have delivered services to have included Ingeus, The Medaille Trust, Selfridges, NHS, Housing Plus, LCF Law, Qiagen, Avalon Funeral Plans, Football Classics, Overbury Construction.- We delivered Suicide Awareness Courses delivered to over 85 public sector employees and Introduction to CBT to 98 participants - A weekly Walk in Nature along the River Irwell in Lower Broughton, Salford.- Supporting the redevelopment of Connect 5 materials and delivering Connect 5 Train the trainer courses for Greater Manchester Integrated Health Organisation. Quotes from participants“Insightful and thought provoking, it has changed the way I think about employee wellbeing”“This training really brought things to life for me. I did know about cognitive behavioural therapy but until coming on this course hadn’t realise how I could use it in my job”Thank you to the following organisations who have supported our work with grants and investments.Salford CVSGMCVOGM Social InvestmentGM Integrated Health OrganisationSalix Homes79% of our income has been self-generated by trading. This self-traded income supports our work in communities and adds value to any grants we successfully apply for. In addition, using funding from traded income, we delivered a spa day for women who are refugees and asylum seekers and delivered a Christmas yoga session followed by food and a wellbeing get together for people with MS. In addition, and wherever possible, we use environmentally friendly alternatives for equipment and stationery. We use public transport and cycle where possible and use local VCSE venues and local shops and businesses for supplies where possible. Our directors give volunteer time with local VCSE organisations on a regular basis.

Consultation with stakeholders

In this year we have had conversations with a wide variety of stakeholders. Our stakeholders include:- Private sector employers across the Northwest- Greater Manchester Integrated Care organisation- VCSE organisations across Greater Manchester (mainly Salford, Manchester, Bolton and Bury)- Stockport Mind, Tameside Oldham and Glossop Mind, Manchester Mind- Members of the community across Salford- People living with MS across Greater Manchester- Public sector agencies across Greater Manchester- Members of the community in Lower Broughton , Salford.In October 2022 we held an online seminar for employers from the public, private and VCSE sectors. 43 people signed up and 21 people attended on the day. At this seminar we discussed how employers can support employees going through menopause and what services we can supply to support them. Subsequent products and offers were developed with feedback gained.We have mailing list of 152 people that we consult via email on a regular basis as to their needs. The majority of the courses and activities we deliver in the community are co-produced with the people who commission or will attend them.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 November 2023

And signed on behalf of the board by:
Name: MARIE GRAHAM
Status: Director