for the Period Ended 31 January 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 January 2024
Directors
The director shown below has held office during the whole of the period from
1 February 2023
to
31 January 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
---|---|---|
|
£ |
£ |
Turnover: |
|
|
Gross profit(or loss): |
|
|
Administrative expenses: |
(
|
(
|
Operating profit(or loss): |
( |
( |
Profit(or loss) before tax: |
( |
( |
Profit(or loss) for the financial year: |
( |
( |
As at
Notes | 2024 | 2023 | |
---|---|---|---|
|
£ |
£ |
|
Fixed assets | |||
Tangible assets: | 3 |
|
|
Total fixed assets: |
|
|
|
Current assets | |||
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 4 |
(
|
(
|
Net current assets (liabilities): |
( |
( |
|
Total assets less current liabilities: |
( |
( |
|
Total net assets (liabilities): |
( |
( |
|
Members' funds | |||
Profit and loss account: |
( |
( |
|
Total members' funds: |
( |
( |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 January 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 January 2024
2024 | 2023 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 31 January 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 February 2023 |
|
|
||||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 January 2024 |
|
|
||||
Depreciation | ||||||
At 1 February 2023 |
|
|
||||
Charge for year |
|
|
||||
On disposals | ||||||
Other adjustments | ||||||
At 31 January 2024 |
|
|
||||
Net book value | ||||||
At 31 January 2024 |
|
|
||||
At 31 January 2023 |
|
|
for the Period Ended 31 January 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Trade creditors |
|
|
Accruals and deferred income |
|
|
Other creditors |
|
|
Total |
|
|
for the Period Ended 31 January 2024
The company provides supported living accommodation to people with learning disabilities, Autism enduring mental health issues and brain injury. Accommodation provided by Etinola Solutions CIC are accessed by the members of the community, friends, families and supporters, health and social care practitioners, social workers, care coordinators for the benefits of their relatives and client. The organisation recognising the fact that recovery is an ongoing healing journey, supports residents to live a normal and fulfilling lives in the community enabling them to be as independent as they can be. The organisation promotes recovery and wellbeing-oriented housing, opposing stigma and discrimination around mental health issues in the community. Residents with learning disabilities, Autism, Mental health and brain injury has opportunity to integrate with the community whilst benefiting from the quality housing and support provided by Etinola Solutions CIC.
The company’s stakeholders are residents and their families involved in their care. Social services, NHS and other professionals- care coordinators placement officers involved in the care of the residents. Consultation and feedback is via regular meetings with residents. Families and friends and other professionals also consult using emails.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
15 January 2025
And signed on behalf of the board by:
Name: Oladele Olayinka OLASIYAN
Status: Director