STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
06904971 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 July 2023

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

STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

Directors' report period ended 31 July 2023

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

Directors

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

Catherine Wakeling
Iain Stuart Caldwell


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
29 April 2024

And signed on behalf of the board by:
Name: Catherine Wakeling
Status: Director

STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 460,142 566,038
Gross profit(or loss): 460,142 566,038
Administrative expenses: ( 594,950 ) ( 585,566 )
Other operating income: 14,447 0
Operating profit(or loss): (120,361) (19,528)
Interest payable and similar charges: ( 34 )
Profit(or loss) before tax: (120,361) (19,562)
Profit(or loss) for the financial year: (120,361) (19,562)

STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 4,013 10,120
Total fixed assets: 4,013 10,120
Current assets
Debtors: 4 121,441 71,353
Cash at bank and in hand: 42,017 216,795
Total current assets: 163,458 288,148
Creditors: amounts falling due within one year: 5 ( 122,390 ) ( 132,826 )
Net current assets (liabilities): 41,068 155,322
Total assets less current liabilities: 45,081 165,442
Provision for liabilities: ( 8,080 ) ( 8,080 )
Total net assets (liabilities): 37,001 157,362
Members' funds
Profit and loss account: 37,001 157,362
Total members' funds: 37,001 157,362

The notes form part of these financial statements

STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

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 29 April 2024
and signed on behalf of the board by:

Name: Catherine Wakeling
Status: Director

The notes form part of these financial statements

STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

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

    Revenue recognitionTurnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

    Tangible fixed assets depreciation policy

    Tangible assetsTangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.DepreciationDepreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:Plant and machinery - 10% straight lineFixtures and fittings - 20% straight line

    Other accounting policies

    Basis of preparationThe financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.The financial statements are prepared in sterling, which is the functional currency of the entity.Judgements and key sources of estimation uncertaintyThe preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.Defined contribution plansContributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 21 15

STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 23,400 123,443 146,843
Additions
Disposals
Revaluations
Transfers
At 31 July 2023 23,400 123,443 146,843
Depreciation
At 1 August 2022 21,784 114,939 136,723
Charge for year 1,293 4,814 6,107
On disposals
Other adjustments
At 31 July 2023 23,077 119,753 142,830
Net book value
At 31 July 2023 323 3,690 4,013
At 31 July 2022 1,616 8,504 10,120

STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
£ £
Trade debtors 40,751 48,206
Prepayments and accrued income 47,624 3,175
Other debtors 33,066 19,972
Total 121,441 71,353

STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 20,446 8,480
Taxation and social security 23,076 25,513
Accruals and deferred income 2,483 8,119
Other creditors 76,385 90,714
Total 122,390 132,826

COMMUNITY INTEREST ANNUAL REPORT

STARFISH HEALTH AND WELL-BEING COMMUNITY INTEREST COMPANY

Company Number: 06904971 (England and Wales)

Year Ending: 31 July 2023

Company activities and impact

Starfish Health and Well-Being have been providing effective support to people with mental health problems to aid recovery and to facilitate full involvement in society, reducing emotional distress and inequalities and linking people to opportunities such as training, volunteering and employment.The service delivery consists of; Therapists to provide a range of therapy which is recognised by NICE guidance and is client directed and outcome informed to incorporate recovery. Wellbeing Practitioners to provide people with skills such as assertiveness, anger management and emotional management to reduce the impact of a particular issue has on the persons life. Wellbeing Worker to provide people with practical help to achieve social inclusion through access to housing, employment, education and training, leisure and recreation.

Consultation with stakeholders

Starfish Health and Well-Being provide services to support people with mental health problems, the stakeholders are the people who use the services, these people are from local communities in which the service operates.We consult with individual stakeholders on the service they receive in a number of ways whilst they are in each service session and at the end of services, all information is collected and reviewed then action when needed as part of our service review.

Directors' remuneration

Directors’ remuneration for the year amounted to :Remuneration £106,641Employer pension costs £1,821

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 April 2024

And signed on behalf of the board by:
Name: Catherine Wakeling
Status: Director