TEN FOR ZEN C.I.C.

Company Registration Number:
SC666907 (Scotland)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

TEN FOR ZEN C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2023

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

TEN FOR ZEN C.I.C.

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 70,888 49,354
Cost of sales: ( 67,873 ) ( 44,800 )
Gross profit(or loss): 3,015 4,554
Distribution costs: 0 0
Administrative expenses: ( 2,716 ) ( 1,742 )
Other operating income: 0 0
Operating profit(or loss): 299 2,812
Profit(or loss) before tax: 299 2,812
Profit(or loss) for the financial year: 299 2,812

TEN FOR ZEN C.I.C.

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 620 750
Cash at bank and in hand: 17,865 12,450
Investments:   0 0
Total current assets: 18,485 13,200
Prepayments and accrued income: 0 0
Net current assets (liabilities): 18,485 13,200
Total assets less current liabilities: 18,485 13,200
Provision for liabilities: ( 9,813 ) ( 4,827 )
Total net assets (liabilities): 8,672 8,373
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 8,670 8,371
Total Shareholders' funds: 8,672 8,373

The notes form part of these financial statements

TEN FOR ZEN C.I.C.

Balance sheet statements

For the year ending 31 July 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 7 February 2024
and signed on behalf of the board by:

Name: Morna Laird
Status: Director

The notes form part of these financial statements

TEN FOR ZEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 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 represents the income from services sold during the year.

TEN FOR ZEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

TEN FOR ZEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Debtors

2023 2022
£ £
Trade debtors 620 750
Total 620 750

COMMUNITY INTEREST ANNUAL REPORT

TEN FOR ZEN C.I.C.

Company Number: SC666907 (Scotland)

Year Ending: 31 July 2023

Company activities and impact

Company activities and impactSupporting anyone in need in our local community with mindfulness remains our key aim. This has been a fantastic year for us where we managed to spread mindfulness throughout our local community, perhaps more than any other year. Throughout the year we were:- working through a project with over forty community organisations in our local area to train sixty of their staff to be able to pass on mindfulness to those they support.- helping seven community organisations support the mental health of their group by offering Calm Cafe: an eight-week package of guidance in mindfulness, weekly peer support, and guided meditations to relax. - working with local councils and health care providers to promote and offer support on national days including hosting online sessions and a podcast for the Scottish Mental Health and Arts Festival and Mental Health Week.- hosting over 100 mindfulness sessions over the year including the popular free weekly class at UWS Hamilton each Tuesday evening.- regularly offered free mindfulness resources via our website including our very popular audio course on Managing Stress, Anxiety and Worry.Online sessions played a big part in our year to let us connect with people who couldn't travel to a class for whatever reason and the 1,100 guests from our mindfulness community spent 186,313 cumulative hours with us. We get regular feedback from the community on the difference this support makes to their mental health and well-being.The futureAt Ten for Zen our aim has always been to spread mindfulness widely into the community so as many people as possible can benefit from mental well-being. Next year we will continue to work collaboratively with community organisations in our local area to support the mental health of their group, as well as our own mindfulness community. We worked through the previous year to develop a new community focussed website containing a set of quality resources which focus on reducing stress and building resilience through mindfulness. We will make this hub available to our local community and the service users of the community organisations we work with. We also aim to take our community focussed courses - Journaling for Wellbeing; Calm Cafe; and Managing Stress and Anxiety - out into our local area, via community organisations, supporting those in need in an environment with their peers where they are most comfortable.

Consultation with stakeholders

Our community is a very active group of followers on Facebook (circa 3k) and a database of people who have expressed an interest in our mindfulness support (circa 8k). We are very diligent in reviewing our community with short surveys or social media to find out what issues they feel they need support for so that we can arrange the most effective schedule. After every piece of work, we do a short survey asking for feedback so that we may improve on future support. We ask the staff and clients of the community organisations we work with their opinion on work we have done with them, how this has affected their mental health, what support they’d most like to see in the future etc.

Directors' remuneration

The total amount paid or receivable by Directors in respect of qualifying services was £66,000. There were no other transactions or arrangements in connection with the remuneration of Directors, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 February 2024

And signed on behalf of the board by:
Name: Morna Laird
Status: Director