RETAIN WELLBEING C.I.C.

Company limited by guarantee

Company Registration Number:
12009450 (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

RETAIN WELLBEING C.I.C.

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

RETAIN WELLBEING C.I.C.

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

Principal activities of the company

The principal activity of the company in the year under review was that of the running of a cafe andwork within the hospitals as part of the discharge teams.



Directors

The directors shown below have held office during the whole of the period from
1 June 2022 to 31 May 2023

Caroline Hutton
Myles Brendan Corbett
Cathrina Mary Moore
Irene Scully


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
15 March 2024

And signed on behalf of the board by:
Name: Caroline Hutton
Status: Director

RETAIN WELLBEING C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2023

2023 2022


£

£
Turnover: 107,803 201,134
Cost of sales: ( 6,750 ) ( 15,720 )
Gross profit(or loss): 101,053 185,414
Administrative expenses: ( 122,748 ) ( 197,920 )
Other operating income: 11,219 5,623
Operating profit(or loss): (10,476) (6,883)
Interest payable and similar charges: ( 1,055 ) ( 490 )
Profit(or loss) before tax: (11,531) (7,373)
Tax: 163 1,293
Profit(or loss) for the financial year: (11,368) (6,080)

RETAIN WELLBEING C.I.C.

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets: 3 345 600
Tangible assets: 4 4,822 6,027
Total fixed assets: 5,167 6,627
Current assets
Stocks: 5 400 400
Debtors: 6 1,497 1,351
Cash at bank and in hand: 2,557 14,864
Total current assets: 4,454 16,615
Creditors: amounts falling due within one year: 7 ( 30,896 ) ( 32,986 )
Net current assets (liabilities): (26,442) (16,371)
Total assets less current liabilities: (21,275) ( 9,744)
Provision for liabilities: ( 982 ) ( 1,145 )
Total net assets (liabilities): (22,257) (10,889)
Members' funds
Profit and loss account: (22,257) ( 10,889)
Total members' funds: ( 22,257) (10,889)

The notes form part of these financial statements

RETAIN WELLBEING C.I.C.

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 15 March 2024
and signed on behalf of the board by:

Name: Caroline Hutton
Status: Director

The notes form part of these financial statements

RETAIN WELLBEING C.I.C.

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

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

    Tangible fixed assets depreciation policy

    Tangible fixed assetsDepreciation is provided at the following annual rates in order to write off each asset over itsestimated useful life.Plant and machinery etc - 20% on reducing balance

    Intangible fixed assets amortisation policy

    Intangible assetsIntangible assets are initially measured at cost. After initial recognition, intangible assets aremeasured at cost less any accumulated amortisation and any accumulated impairmentlosses.Patents and licences are being amortised evenly over their estimated useful life of fouryears.

    Other accounting policies

    StocksStocks are valued at the lower of cost and net realisable value, after making due allowancefor obsolete and slow moving items.TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Statementof Income and Retained Earnings, except to the extent that it relates to items recognised inother comprehensive income 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 thathave been 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. Deferredtax is measured using tax rates and laws that have been enacted or substantively enactedby the year end 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 itis probable that they will be recovered against the reversal of deferred tax liabilities or otherfuture taxable 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.RELATED PARTY DISCLOSURESAs at 31-05-2023 the company owed £19,205 (2022: £19,205) to Chapel House Care Ltd.A company, which one of the directors of Retain Wellbeing C.I.C is also a shareholder anddirector.

RETAIN WELLBEING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 8 13

RETAIN WELLBEING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 June 2022 1,021 1,021
Additions
Disposals
Revaluations
Transfers
At 31 May 2023 1,021 1,021
Amortisation
At 1 June 2022 421 421
Charge for year 255 255
On disposals
Other adjustments
At 31 May 2023 676 676
Net book value
At 31 May 2023 345 345
At 31 May 2022 600 600

RETAIN WELLBEING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2022 15,017 15,017
Additions
Disposals
Revaluations
Transfers
At 31 May 2023 15,017 15,017
Depreciation
At 1 June 2022 8,990 8,990
Charge for year 1,205 1,205
On disposals
Other adjustments
At 31 May 2023 10,195 10,195
Net book value
At 31 May 2023 4,822 4,822
At 31 May 2022 6,027 6,027

RETAIN WELLBEING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Stocks

2023 2022
£ £
Stocks 400 400
Total 400 400

RETAIN WELLBEING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

6. Debtors

2023 2022
£ £
Trade debtors 1,497 1,351
Total 1,497 1,351

RETAIN WELLBEING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 1,810 1
Taxation and social security 1,595 4,391
Other creditors 27,491 28,594
Total 30,896 32,986

COMMUNITY INTEREST ANNUAL REPORT

RETAIN WELLBEING C.I.C.

Company Number: 12009450 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

This business year saw the first 6- month review of the Welcome Me project. This project is a group session for people living with memory difficulties (no formal diagnosis required) and someone who cares about them, to come together for cognitively stimulating activities which help to maintain independence, a sense of self- worth and help avoid crisis. The first six months had been a great success and after review we increased the 2 hour session to include an hour afterwards for people to enjoy a packed lunch together if they wished.Because there was a waiting list for the group, a second session was set up to accommodate on a Tuesday morning based on the same plan as the Wednesday mornings. This too became full quite quickly.Talks were delivered this year to community groups to give them a better understanding of what dementia is and how to live well with the disease. The local WI, a fellowship group at a local church, a scout group and the Cheshire and Warrington Carers trust were some of the main groups to benefit.The hot food van, GIFT Vantastic has been put into storage until such times as there is capacity to find profitable opportunities to trade.GIFT Cafe Puddington continues to be a focal part of the business with regards to community engagement. The Supervisor changed once more after the other left work to care full time for a family member. The new Supervisor is a great asset, has lots of experience and has created food platters for families having small parties for people living in the local care homes. She played the Last Post on Remembrance Sunday for cafe customers and the residents of the local residential and Nursing care homes.This year the cafe hosted the first return visit of the Brums & Buns, a collection of vintage and unusual cars and their drivers. The event went well, with the community coming out in droves to take a look at and chat to the drivers.We also started a monthly event where another local CIC Hip ‘n’ Harmoney bring their Ukulele players the 64 N’Ukes to the cafe to sing and entertain people. They bring their collection tins and listeners donate as they feel to the group who use it to further their own services or collect on behalf of other local charities.Building on last year’s success, the cafe was used again by a local lady who teaches people the art of crocheting on several occasions.Several other organisations such as Amber Button CIC and a parent & Toddler leader tried to set up groups in the cafe space but sadly none lasted more than a month before withdrawing.The newest session is a weekly games morning where anyone can come along and choose from the selection of board and quiz games available.The cafe continues to provide volunteer placements for adults with additional needs who benefit from learning about catering, have training around safer food and customer service.The group run by volunteers in Winsford (GIFT New Beginnings) has reduced the amount of walks and interactions this year. They are not looking to engage new people but rather trying to support those who came together because of the groups. They still go for walks and meet up in local cafes.The Independent Transfer of Care Coordinator (IToCC) roles in The Countess of Chester and Leighton Hospital were re-shaped this year when the IToCC for Leighton wanted to reduce her hours. There were two part time roles in Leighton and the same full time roll in the Countess. These staff continue to bend and flex within the confines of the role to help as many patients as possible to leave hospital and go on to the most appropriate Care/Nursing Home and /or home with care and support. The hospitals continue to be under great pressure and these roles often provide unofficial advocacy for people with memory difficulties who may have no family to support them.New staff and volunteers in all areas of work continue to attend Dementia Awareness sessions to ensure they have an understanding of the disease and know to be patient and kind both in and out of work.

Consultation with stakeholders

All Welcome Me members were asked for their thoughts about areas of improvement. The only thing mentioned was to make them longer! This was acted upon.Strangely, one of the positives noted was that the group member’s don’t have to decide what happens. The carers who spend 24 hours per day planning and making decisions for two, like coming along and being told what to do for the time they are there.The customers in the cafe vote with their feet. If we are providing something which appeals to them, they attend in numbers. If they are not interested, they don’t and we do not repeat the event.The Commissioners for the IToCC service are given monthly reports stating how many patients have been seen and the outcomes of our interventions. They use the information to plan for the future.Patients/family/hospital staff and care providers are all asked to complete questionnaires 6 monthly. Returns are low which generally means they are happy with the service. All of those returned qualify that.The Directors meet regularly to discuss the direction of the company and the financial situation. Opportunities are discussed as well as any obvious threats so that contingency plans are in place for events as they occur.

Directors' remuneration

The total value of Directors' Remuneration is £33044

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
15 March 2024

And signed on behalf of the board by:
Name: Caroline Hutton
Status: Director