REHABILITATION CULTURE CIC

Company limited by guarantee

Company Registration Number:
14181760 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

REHABILITATION CULTURE CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

REHABILITATION CULTURE CIC

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Jonathan Cook
Elizabeth Smith


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
3 October 2024

And signed on behalf of the board by:
Name: Jonathan Cook
Status: Director

REHABILITATION CULTURE CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 6,604 154
Cash at bank and in hand: 1,796 11,264
Total current assets: 8,400 11,418
Creditors: amounts falling due within one year: 4 ( 6,824 ) ( 7,793 )
Net current assets (liabilities): 1,576 3,625
Total assets less current liabilities: 1,576 3,625
Total net assets (liabilities): 1,576 3,625
Members' funds
Profit and loss account: 1,576 3,625
Total members' funds: 1,576 3,625

The notes form part of these financial statements

REHABILITATION CULTURE CIC

Balance sheet statements

For the year ending 30 June 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 3 October 2024
and signed on behalf of the board by:

Name: Jonathan Cook
Status: Director

The notes form part of these financial statements

REHABILITATION CULTURE CIC

Notes to the Financial Statements

for the Period Ended 30 June 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 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in surplus or deficit, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. Directors' remuneration 30 June 2024 Emoluments £34,125 Company contributions to money purchase pension schemes £1,024 Total £35,149 30 June 2023 Emoluments £18,931 Company contributions to money purchase pension schemes £568 Total £ 19,499

REHABILITATION CULTURE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

REHABILITATION CULTURE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

2024 2023
£ £
Trade debtors 6,481
Other debtors 123 154
Total 6,604 154

REHABILITATION CULTURE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 952
Other creditors 6,824 6,841
Total 6,824 7,793

COMMUNITY INTEREST ANNUAL REPORT

REHABILITATION CULTURE CIC

Company Number: 14181760 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The Company successfully won the contract it was set up for, commencing on 2nd December 2022 and have delivered in accordance with it's objectives since. We are just about to enter into discussions with the Ministry of Justice about a further 2 years. The Company has delivered resettlement and rehabilitation work on a daily basis at HMP Leyhill and in the community with serving and ex-prisoners. The company runs a community centre which has grown the daily footfall to over 200 per day. It delivers activities, talks and work geared towards the preparation for release from prison - in many cases for men who have served decades in prison and are massively institutionalised and need specialist support to ensure they integrate into society safely for the prisoners but mainly for the public protection. The Company’s work has also included work in the community with prisoners (current and ex) to help them prepare for release from custodial settings. The immediate advantage to the community is widespread – with prisoners better prepared for release from prison and reducing the risk of reoffending. The impact for the community is a safer environment for the public as their protection is a paramount goal in the Company’s work.

Consultation with stakeholders

The Company delivers its work in conjunction with the Ministry of Justice (MoJ). They have specified minimum delivery standards, and these have been achieved as confirmed by regular monthly review meetings and daily communications with prison staff. The prisoners (circa 350 immediate clients) are consulted on a daily basis about our work, their needs and the impact of their interaction with the Company. Other stakeholders include the Probation service, charities, and support organisations who we link with to enable the delivery of our work.

Directors' remuneration

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. We have two Directors. Elizabeth Smith receives no renumeration, purely mileage expenses where applicable. Jonathan Cook is salaried and full details are shown in accounts.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
3 October 2024

And signed on behalf of the board by:
Name: Jonathan Cook
Status: Director