STAY WELL DERBY C.I.C.

Company limited by guarantee

Company Registration Number:
12629668 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

STAY WELL DERBY C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

STAY WELL DERBY C.I.C.

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal activities of the company

The company is a Community Interest Company (CIC). As such, the CIC's activities are outlined in the Community Interest Annual Report that is included within this filing.



Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

Lauren Jones
Phillippa Nayer
Rosa Bleue Parry


The director shown below has held office during the period of
1 June 2023 to 9 October 2023

David William Best


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
9 October 2024

And signed on behalf of the board by:
Name: Rosa Bleue Parry
Status: Director

STAY WELL DERBY C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 29,790 37,171
Cost of sales: ( 11,716 ) ( 4,662 )
Gross profit(or loss): 18,074 32,509
Administrative expenses: ( 106,992 ) ( 78,228 )
Other operating income: 77,190 44,576
Operating profit(or loss): (11,728) (1,143)
Interest receivable and similar income: 1
Profit(or loss) before tax: (11,728) (1,142)
Profit(or loss) for the financial year: (11,728) (1,142)

STAY WELL DERBY C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 4,458 4,566
Total fixed assets: 4,458 4,566
Current assets
Debtors: 4 475 2,374
Cash at bank and in hand: 11,551 43,824
Total current assets: 12,026 46,198
Creditors: amounts falling due within one year: 5 ( 52 )
Net current assets (liabilities): 12,026 46,146
Total assets less current liabilities: 16,484 50,712
Accruals and deferred income: ( 22,499 )
Total net assets (liabilities): 16,484 28,213
Members' funds
Profit and loss account: 16,484 28,213
Total members' funds: 16,484 28,213

The notes form part of these financial statements

STAY WELL DERBY C.I.C.

Balance sheet statements

For the year ending 31 May 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 9 October 2024
and signed on behalf of the board by:

Name: Rosa Bleue Parry
Status: Director

The notes form part of these financial statements

STAY WELL DERBY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 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

    Turnover policy

    Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to the buyer. Turnover rom 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 depreciated over their expected useful economic life on a straight line basis, as follows: - Land and buildings - 25 years - Plant and machinery - 5 years - Fixtures and fittings - 5 years - Vehicles - 10 years - Office Equipment - 3 years

STAY WELL DERBY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 3

STAY WELL DERBY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 8,918 8,918
Additions 1,000 1,000
Disposals
Revaluations
Transfers
At 31 May 2024 9,918 9,918
Depreciation
At 1 June 2023 4,352 4,352
Charge for year 1,108 1,108
On disposals
Other adjustments
At 31 May 2024 5,460 5,460
Net book value
At 31 May 2024 4,458 4,458
At 31 May 2023 4,566 4,566

STAY WELL DERBY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
£ £
Trade debtors 475 2,300
Other debtors 74
Total 475 2,374

Short-term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

STAY WELL DERBY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

  2023
  £
Trade creditors 52
Total   52

Short-term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

COMMUNITY INTEREST ANNUAL REPORT

STAY WELL DERBY C.I.C.

Company Number: 12629668 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

The company aim to support Derby’s most vulnerable people by drawing on our experiential knowledge, best-available evidence, and links with existing organizations. Our ethos is proactive, user-led and community-focused. We aim to support people to break downward cycles of mental ill-health, poverty, addiction, and crime. Also, individuals who have faced complex issues including trauma, addiction, mental ill health, homelessness, social stigma, and socioeconomic disadvantage will have an increased sense of belonging and self-worth, increased feelings of belonging and hope through group membership, safe, sober environments, and learning healthy coping strategies. Individuals at risk of facing worsening problems through 1:1 support and real opportunities including training, volunteering, and employment links. CHIMF (Lemy FT AL 2011) Increases connections to build hope to build access to meaningful activities. The local community including through crime reduction and reduced substance use. Build Pathways to care and assertive linkage (manning ET AL, 2013) to improve support for those in the community settings. The local community through well-being ambassadors will benefit from what is referred to as the “Helper Principle” by feeling empowered through training and increased skills and confidence to support vulnerable people. The NHS and partner agencies including through the reduction of health service involvement for preventable emotional crises (reduced sections 135 and 136, fewer crisis admissions). Partner agencies through building links, sharing knowledge and empowering communities to engage with a range of professional agencies.

Consultation with stakeholders

Our stakeholders are the people that use our service. Multiple feedback mechanisms encourage the community to take ownership of our service. These include a feedback box in the cafe, physical and online feedback forms, and surveys, including options for anonymous feedback, validated scales, social media engagement, and in-person feedback to our approachable staff, volunteers, and directors. We regularly review our service and make changes based on the feedback. We hold regular community cafe meetings open to anyone in the community. They tell us what is working, what isn’t, and what they would like to see. Following feedback, we recently changed our vegan and allergen-free cafe to one with a more inclusive menu. We also provided a larger table for the Creative Cafe group who said that they wanted to work around the same table rather than separately. These may seem like small changes, but it is important to us that we not only listen to our community, but we act on what we hear.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £20,610. 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
9 October 2024

And signed on behalf of the board by:
Name: Rosa Bleue Parry
Status: Director