SEFE PLACE C.I.C

Company limited by guarantee

Company Registration Number:
07067845 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

SEFE PLACE C.I.C

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

SEFE PLACE C.I.C

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

The principle activities of the company continue to be researching developing and providing solutions to social problems experienced by marginalised and disenfranchised people, by way of sustainable projects. This financial year continued building on work done in previous years and were directed specifically on Business Planning and developing networks for the proposed supported accommodation project.



Directors

The director shown below has held office during the whole of the period from
1 December 2022 to 30 November 2023

Sharon Hunt


The director shown below has held office during the period of
21 November 2023 to 30 November 2023

Angela Shand


The director shown below has held office during the period of
6 December 2022 to 30 November 2023

Claire Austin


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
30 August 2024

And signed on behalf of the board by:
Name: Sharon Hunt
Status: Director

SEFE PLACE C.I.C

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 0 15,827
Cost of sales: ( 6,199 ) ( 9,180 )
Gross profit(or loss): (6,199) 6,647
Administrative expenses: ( 45 ) ( 115 )
Operating profit(or loss): (6,244) 6,532
Profit(or loss) before tax: (6,244) 6,532
Profit(or loss) for the financial year: (6,244) 6,532

SEFE PLACE C.I.C

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 0 5,820
Total current assets: 0 5,820
Creditors: amounts falling due within one year: 3 ( 3,867 ) ( 9,263 )
Net current assets (liabilities): (3,867) (3,443)
Total assets less current liabilities: (3,867) ( 3,443)
Total net assets (liabilities): (3,867) (3,443)
Members' funds
Profit and loss account: (3,867) ( 3,443)
Total members' funds: ( 3,867) (3,443)

The notes form part of these financial statements

SEFE PLACE C.I.C

Balance sheet statements

For the year ending 30 November 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 30 August 2024
and signed on behalf of the board by:

Name: Sharon Hunt
Status: Director

The notes form part of these financial statements

SEFE PLACE C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 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

SEFE PLACE C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

SEFE PLACE C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 0 5,820
Other creditors 3,867 3,443
Total 3,867 9,263

Directors loan account with monies owed to director for day-to-day running costs not met by income

COMMUNITY INTEREST ANNUAL REPORT

SEFE PLACE C.I.C

Company Number: 07067845 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The company has concentrated on its Business Planning to develop, implement and run supported therapeutic accommodation with an analysis being done on whether the proposed property would be best used to house adult prison leavers or looked after children in the care of the local authority. Networks with professionals, service providers and referral organisations, including the local authority have been established, as well as with potential mentors, funders and investors.

Consultation with stakeholders

Consultations continued to be had with stakeholders particularly in relation to the proposed supported accommodation project, including with potential partners offering and facilitating supported accommodation in the local community, other local organisations whose service-users might benefit from the offering, potential funders as well as with professionals who might commit to becoming involved in delivering the project.

Directors' remuneration

Directors received remuneration from funding obtained specifically for their professional services in Business Planning for the proposed new supported accommodation project. The total amount paid in respect of qualifying services was £3600. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, 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
30 August 2024

And signed on behalf of the board by:
Name: Sharon Hunt
Status: Director