GRIEF SPECIALISTS CIC

Company Registration Number:
13873626 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 26 January 2023

End date: 31 January 2024

GRIEF SPECIALISTS CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

GRIEF SPECIALISTS CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 2,294 1,000
Cost of sales: ( 831 ) ( 308 )
Gross profit(or loss): 1,463 692
Distribution costs: 0 0
Administrative expenses: ( 162 ) ( 40 )
Other operating income: 0 0
Operating profit(or loss): 1,301 652
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 1,301 652
Tax: ( 247 ) ( 124 )
Profit(or loss) for the financial year: 1,054 528

GRIEF SPECIALISTS CIC

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Called up share capital not paid: 2 3
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 1,829 652
Investments:   0 0
Total current assets: 1,829 652
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 247 ) ( 124 )
Net current assets (liabilities): 1,582 528
Total assets less current liabilities: 1,584 531
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1,584 531
Capital and reserves
Called up share capital: 2 3
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 1,582 528
Total Shareholders' funds: 1,584 531

The notes form part of these financial statements

GRIEF SPECIALISTS CIC

Balance sheet statements

For the year ending 31 January 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 27 October 2024
and signed on behalf of the board by:

Name: Maria Bailey
Status: Director

The notes form part of these financial statements

GRIEF SPECIALISTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 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

GRIEF SPECIALISTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

GRIEF SPECIALISTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 247 124
Accruals and deferred income 0 0
Other creditors 0 0
Total 247 124

COMMUNITY INTEREST ANNUAL REPORT

GRIEF SPECIALISTS CIC

Company Number: 13873626 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

In the financial year 2023/24, the company’s activities have provided benefit to anyone dealing with loss of any kind, including people with direct experience of loss, their families, friends, and supporters, workplaces, schools, and community organisations. These people have benefited by: - Provision of information and opportunities to learn about grief via the www.griefspecialists.org website, national press coverage, and social media - Connection with a broad network of grief professionals for anyone requiring further support, and - Promotion of recovery and wellbeing-oriented services and activities. We have created Grief Support Hubs for funeral directors that when launched will create a subscription income. It is a free resource via email and a website that sits as part of the funeral director's website, for those bereaved to get continued support via their funeral director. The funding will go to helping those who need immediate professional support. There have been regular articles written by grief professionals on the website that have been shared through social media (usually 2-3 per week). We have also signposted people to the website through expert articles and comments in mainstream media coverage on a regular (at least monthly, and at times, weekly) basis. We have also appeared on national television and radio. We have created a safe and supportive free community space online for grief professionals to share best practice/knowledge share, training, ask questions, and support each other. We have a paid-for membership directory on the website for qualified and insured grief specialists, which includes the opportunity to submit articles to the website, business support, and access to media opportunities. The fees go towards running costs and to helping people. We have funded four people dealing with loss to have private, immediate support via our directory.

Consultation with stakeholders

The company’s stakeholders are grievers and grief professionals. The directors have both experienced significant losses and have undergone grief training, and have developed the business model based on experience of what is missing for grievers currently. This is mostly around access to help via GPs, Cruse Bereavement Care, and other charities. End user experience is generally centred on long waiting times. Also, some charities offer peer-to-peer support, and while this is helpful in removing isolation, it comes with other difficulties, such as grief remaining unresolved, or feeling their losses aren't as bad as other people's losses, therefore minimising their feelings of grief. Feedback from end users includes: “Your website has helped me find the support I needed.” “Nothing prepared me for losing my ex wife to suicide. You've been able to help my daughter and I find the support we need.” “I didn't realise how angry I was and how much I was pushing my family away. Thank you for helping me.” Feedback from grief specialists includes: “Working in isolation, I've really found being part of Grief Specialists a huge help.” “I didn't realise how much getting coverage in a magazine would help people to find me and find support. It's great."

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
27 October 2024

And signed on behalf of the board by:
Name: Maria Bailey
Status: Director