JP LUXE LIVING C.I.C.

Company Registration Number:
12379552 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

JP LUXE LIVING C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

JP LUXE LIVING C.I.C.

Directors' report period ended 31 December 2023

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

Principal activities of the company

The company's principal activity during the year continued to provided supported accommodation for vulnerable people.

Additional information

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Jessica Campbell
Petra Foster


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
23 August 2024

And signed on behalf of the board by:
Name: Jessica Campbell
Status: Director

JP LUXE LIVING C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 59,764 22,928
Cost of sales: ( 137 ) ( 3,216 )
Gross profit(or loss): 59,627 19,712
Administrative expenses: ( 120,585 ) ( 96,465 )
Operating profit(or loss): (60,958) (76,753)
Interest payable and similar charges: ( 247 ) ( 61 )
Profit(or loss) before tax: (61,205) (76,814)
Profit(or loss) for the financial year: (61,205) (76,814)

JP LUXE LIVING C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 4,418 4,468
Total fixed assets: 4,418 4,468
Current assets
Cash at bank and in hand: 370 1,674
Total current assets: 370 1,674
Creditors: amounts falling due within one year: 4 ( 1 ) ( 1,662 )
Net current assets (liabilities): 369 12
Total assets less current liabilities: 4,787 4,480
Creditors: amounts falling due after more than one year: 5 ( 232,989 ) ( 171,477 )
Total net assets (liabilities): (228,202) (166,997)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (228,204 ) (166,999 )
Total Shareholders' funds: ( 228,202 ) (166,997)

The notes form part of these financial statements

JP LUXE LIVING C.I.C.

Balance sheet statements

For the year ending 31 December 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 23 August 2024
and signed on behalf of the board by:

Name: Jessica Campbell
Status: Director

The notes form part of these financial statements

JP LUXE LIVING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

JP LUXE LIVING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

JP LUXE LIVING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 8,592 8,592
Additions 2,086 2,086
Disposals
Revaluations
Transfers
At 31 December 2023 10,678 10,678
Depreciation
At 1 January 2023 4,124 4,124
Charge for year 2,136 2,136
On disposals
Other adjustments
At 31 December 2023 6,260 6,260
Net book value
At 31 December 2023 4,418 4,418
At 31 December 2022 4,468 4,468

JP LUXE LIVING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 1,662
Other creditors 1
Total 1 1,662

JP LUXE LIVING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

2023 2022
£ £
Bank loans and overdrafts 7,284 9,897
Other creditors 225,705 161,580
Total 232,989 171,477

COMMUNITY INTEREST ANNUAL REPORT

JP LUXE LIVING C.I.C.

Company Number: 12379552 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

We support people with complex mental health needs get well in their own homes by: Explaining the occupancy agreement and assisting Service Users to abide by. Organising inspections of property and arranging for any repairs or improvements to be carried out, including the replacement of furniture. Increased inspections and maintenance of the building, including health and safety issues, to address increased wear and tear to the property and facilities Ensuring that the service users are aware of their rights under their occupancy agreement. Offering advice and guidance on keeping property to a reasonable standard of hygiene. Assisting Service Users to access other support providers as required. Individual risk assessments to ensure any risks are identified and referrals to support agencies made if necessary Regular support sessions to ensure service users safety and well-being, 1 hour per week minimum (this will be at a frequency agreed with the individual service users) Liaising with all relevant agencies, both statutory and voluntary, on the service users behalf. Assisting Service Users to reduce rent arrears. Dealing with nuisance issues. Ensuring that Service Users know how to use equipment safely. Providing Service Users with advice and facilitating a move to alternative accommodation as required. Assisting Service Users to claim Housing Benefit and other welfare benefits. Helping to keep Service Users safe by monitoring visitors, including contractors and professionals, and by carrying out health and safety and risk assessments of property. Additional Housing Management: Our service goes over and beyond a general needs landlord, we also provide preventative services and benefits to the wider community. Our Service users do have complex housing and social backgrounds, We provide additional one to one support which includes: Reduce emergency/non-elective admissions to hospital due to support with health and wellbeing Reduce pressure on and costs to the ambulance service and paramedics Relieve pressure on GP services Reduce acquisitive crime Reduce antisocial behaviour Reduce the number of Service Users involved in sex work Help with community cohesion Reduce reoffending Reduce pressure on prisons Reduce costs to and operational pressure on the Police Reduce costs to and operational pressure on the courts system Reduce deaths and trauma associated with domestic violence Increase the number of Service Users who can engage with education, training and work OUR OUTCOME MEASURES : Personal and social development: Through which service users develop social and emotional capabilities, including determination, self-control, persistence and self-motivation. Social and emotional capabilities: Soft skills or non-cognitive skills, communication, creativity, confidence managing feelings, problem solving, leadership skills, resilience, and self esteem. Developing social, communication, and team working skills: The ability to learn from experience, control behaviours, and make good choices; and the self-esteem, resilience, and motivation to persist towards goals and overcome setbacks. Educational development and achievement/career success: Participation in training, literacy and numeracy, language participating in community courses, and activities, taking advice on services to improve education, budgeting and tenancy support. Being Healthy: Support services for women to access healthcare services Positive relationships: Those which can also be measured and valued by other women, by accessing public services, local communities, and family networks and by having positive relationships, with involvement in meaningful, enjoyable activities.

Consultation with stakeholders

The company stakeholders are the vulnerable women who suffer with mental health who require safe and supported accommodation to recover from ill health.

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
23 August 2024

And signed on behalf of the board by:
Name: Jessica Campbell
Status: Director