OSHAY'S BRAIN DOMAIN'S CIC

Company limited by guarantee

Company Registration Number:
SC622804 (Scotland)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 1 March 2023

End date: 29 February 2024

OSHAY'S BRAIN DOMAIN'S CIC

Contents of the Financial Statements

for the Period Ended 29 February 2024

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

OSHAY'S BRAIN DOMAIN'S CIC

Profit And Loss Account

for the Period Ended 29 February 2024

2024 2023


£

£
Turnover: 19,287 22,658
Cost of sales: ( 350 ) ( 1,621 )
Gross profit(or loss): 18,937 21,037
Administrative expenses: ( 23,520 ) ( 20,643 )
Operating profit(or loss): (4,583) 394
Profit(or loss) before tax: (4,583) 394
Tax: 455
Profit(or loss) for the financial year: (4,583) 849

OSHAY'S BRAIN DOMAIN'S CIC

Balance sheet

As at 29 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,053 1,657
Total fixed assets: 1,053 1,657
Current assets
Cash at bank and in hand: 340 13,966
Total current assets: 340 13,966
Creditors: amounts falling due within one year: 4 ( 3,953 ) ( 600 )
Net current assets (liabilities): (3,613) 13,366
Total assets less current liabilities: (2,560) 15,023
Provision for liabilities: ( 815 ) ( 815 )
Accruals and deferred income: ( 360 ) ( 13,360 )
Total net assets (liabilities): (3,735) 848
Members' funds
Profit and loss account: (3,735) 848
Total members' funds: ( 3,735) 848

The notes form part of these financial statements

OSHAY'S BRAIN DOMAIN'S CIC

Balance sheet statements

For the year ending 29 February 2024 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 5 September 2024
and signed on behalf of the board by:

Name: Maryelen McPhail
Status: Director

The notes form part of these financial statements

OSHAY'S BRAIN DOMAIN'S CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 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

    Tangible fixed assets depreciation policy

    Office Equipment is depreciated over 4 years straight-line. Computer Equipment is depreciated over 3 years straight-line.

OSHAY'S BRAIN DOMAIN'S CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 1

OSHAY'S BRAIN DOMAIN'S CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 2,043 2,043
Additions
Disposals
Revaluations
Transfers
At 29 February 2024 2,043 2,043
Depreciation
At 1 March 2023 386 386
Charge for year 604 604
On disposals
Other adjustments
At 29 February 2024 990 990
Net book value
At 29 February 2024 1,053 1,053
At 28 February 2023 1,657 1,657

OSHAY'S BRAIN DOMAIN'S CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 3,953 600
Total 3,953 600

COMMUNITY INTEREST ANNUAL REPORT

OSHAY'S BRAIN DOMAIN'S CIC

Company Number: SC622804 (Scotland)

Year Ending: 29 February 2024

Company activities and impact

Over the past year, Oshay’s has expanded its reach, now providing comprehensive support to neurodiverse families, making us the only contact centre in the area that works with everyone, including families with neurodiverse children. Despite the challenges posed by the pandemic, we have successfully increased both in-person and virtual activities, offering more resources and services to our growing community. Our volunteer recruitment efforts have continued, with all volunteers going through the necessary disclosure processes to enable us to restart vital support groups and activities for children.

Consultation with stakeholders

We have built on our relationships with stakeholders by expanding our service offerings a child contact centre to include a broader focus on neurodiverse families. This expansion has strengthened our reputation within the community, allowing us to become a key resource for families requiring specialised support. Stakeholder consultations, both in person and online, have allowed us to better understand the evolving needs of our clients, enabling Oshay’s to tailor our services and build a stronger, more inclusive support network for all. Volunteer engagement continues to be a priority, ensuring that we can maintain our expanded services.

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
5 September 2024

And signed on behalf of the board by:
Name: Maryelen McPhail
Status: Director