THE FOR ALL HEALTHY LIVING COMPANY CIC

Company limited by guarantee

Company Registration Number:
04792627 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

THE FOR ALL HEALTHY LIVING COMPANY CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

THE FOR ALL HEALTHY LIVING COMPANY CIC

Directors' report period ended 31 March 2024

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

Principal activities of the company

The company's principal activity during the year continued to be that of the management of the Healthy Living Centre including the cafe, together with the management of the buildings of The Vicarage and 22 Graham Road.



Directors

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

David John Amos
Margaret Ellen Fryer
Lynda Gilbert
Dean Colin Grantley Marriner
Dean Colin Grantley Marriner
Maureen Ann Morris


The director shown below has held office during the period of
1 April 2023 to 29 November 2023

Cathryn Sarah Vallender


Secretary Mark Richard Graham

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
20 December 2024

And signed on behalf of the board by:
Name: Mark Richard Graham
Status: Secretary

THE FOR ALL HEALTHY LIVING COMPANY CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 810,945 606,984
Gross profit(or loss): 810,945 606,984
Administrative expenses: ( 628,032 ) ( 554,803 )
Operating profit(or loss): 182,913 52,181
Interest receivable and similar income: 30
Interest payable and similar charges: ( 65,630 ) ( 42,068 )
Profit(or loss) before tax: 117,283 10,143
Profit(or loss) for the financial year: 117,283 10,143

THE FOR ALL HEALTHY LIVING COMPANY CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,057,740 1,067,257
Investments: 4 381,009 381,009
Total fixed assets: 1,438,749 1,448,266
Current assets
Debtors: 5 51,512 46,382
Cash at bank and in hand: 54,142 13,945
Total current assets: 105,654 60,327
Creditors: amounts falling due within one year: 6 ( 120,922 ) ( 177,516 )
Net current assets (liabilities): (15,268) (117,189)
Total assets less current liabilities: 1,423,481 1,331,077
Creditors: amounts falling due after more than one year: 7 ( 836,056 ) ( 860,935 )
Total net assets (liabilities): 587,425 470,142
Members' funds
Profit and loss account: 587,425 470,142
Total members' funds: 587,425 470,142

The notes form part of these financial statements

THE FOR ALL HEALTHY LIVING COMPANY CIC

Balance sheet statements

For the year ending 31 March 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 20 December 2024
and signed on behalf of the board by:

Name: Maureen Ann Morris
Status: Director

The notes form part of these financial statements

THE FOR ALL HEALTHY LIVING COMPANY CIC

Notes to the Financial Statements

for the Period Ended 31 March 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

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows- Land and Buildings Freehold - None Solar Panels - 4 percent straight line Cycles - 20 percent straight line Fixtures, fittings, tools and equipment - 20 percent reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to surplus or deficit.

    Other accounting policies

    Basis of preparation The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. Income and expenditure Income and expenses are included in the financial statements as they become receivable or due. Expenses include VAT where applicable as the company cannot reclaim it. Investments Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure . Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss. Impairment of fixed assets At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in surplus or deficit , unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash generating unit) in prior years. A reversal of an impairment loss is recognised immediately in surplus or deficit , unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase. Debtors 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. Cash at bank and in hand Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk. Creditors 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. Taxation The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit. Provisions Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. Pensions Contributions to defined contribution plans are expensed in the period to which they relate. Employee benefits The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

THE FOR ALL HEALTHY LIVING COMPANY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 16 16

THE FOR ALL HEALTHY LIVING COMPANY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 990,092 173,575 1,163,667
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 990,092 173,575 1,163,667
Depreciation
At 1 April 2023 96,410 96,410
Charge for year 9,517 9,517
On disposals
Other adjustments
At 31 March 2024 105,927 105,927
Net book value
At 31 March 2024 990,092 67,648 1,057,740
At 31 March 2023 990,092 77,165 1,067,257

THE FOR ALL HEALTHY LIVING COMPANY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed assets investments note

The investment property was valued on an open market value at 31st March 2023 by the directors.

THE FOR ALL HEALTHY LIVING COMPANY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 45,512 40,382
Other debtors 6,000 6,000
Total 51,512 46,382

THE FOR ALL HEALTHY LIVING COMPANY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 30,927 35,800
Trade creditors 8,966 25,486
Taxation and social security 37,021 31,599
Other creditors 44,008 84,631
Total 120,922 177,516

THE FOR ALL HEALTHY LIVING COMPANY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 836,056 860,935
Total 836,056 860,935

The loans are secured by fixed charges over The For All Healthy Living Centre, 22 Graham Road and St Andrews Vicarage.

THE FOR ALL HEALTHY LIVING COMPANY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

8. Financial Commitments

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

COMMUNITY INTEREST ANNUAL REPORT

THE FOR ALL HEALTHY LIVING COMPANY CIC

Company Number: 04792627 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Key Projects and Initiatives 1.The Time of Our Lives Project a. Continued to value and promote contributions of older people. b. Secured grant instalments despite challenges to traditional monitoring systems. c. Chloe has further embedded herself into the project. 2. Bournville Asset Build Project a. Progress in community engagement with initiatives like the "Bournville Squad" and the "Fatty Liver Disease Group." b. Discussions underway to extend funding via a joint bid with Alliance Homes. 3. Neighbourhood Network Project a. Appointed two new workers, Alice and Chet, to enhance project delivery. 4. Food Bank a. Demand eased slightly, but cost pressures persist due to grocery price inflation. b. Strengthened collaboration with the Weston Food Alliance and Citizens Advice. c. Submitted a joint bid for further research on food insecurity. 5. Mobile CT and MRI Scanners a. Accommodated mobile scanners in the rear car park to assist NHS efforts in reducing scanning appointment backlogs. 6. Strategic Work a. Played a critical role in the development of the BNSSG VCSE Alliance, chairing the early steering group meetings. b. Participated in North Somerset Wellbeing Collective's "What Matters" sessions and contributed to the Integrated Care System Strategy. Events and Community Engagement 1.CAFFI Health Promotion Day a. Hosted on the event, providing health education and wellness checks despite weather challenges. 2. Visit to BS3 Project a. Explored community care initiatives and adopted learnings for local development. 3. Health and Wellbeing Board Engagement a. Hosted a board meeting and facilitated an "Appreciative Inquiry" with older adults. 4. End-of-Life Workshops a. Strengthened ties with Weston Hospice through workshops and community group visits. 5. MMR Campaign a. Supported a vaccination uptake initiative in the area. Cost of Living Response a. Successfully secured National Lottery funding to enhance programs addressing financial hardship. b. Fuel Bank support distributed to 1,062 households, categorized by specific needs. Future Planning a. Planned Assembly event for BNSSG VCSE Alliance in January to broaden sector engagement. b. Proposals for joint Board and staff training on inequalities and trauma-informed practices. Miscellaneous Activities a. Hosted diverse agencies and initiatives, including Citizen’s Advice, MacMillan, and Weston Hospice events. b. Continued partnerships with community groups like Purple Sheep for collaborative employment solutions. Summary The year has been marked by strategic growth, community-centred initiatives, and significant collaborations. Challenges such as funding continuity, cost pressures, and logistical issues with mobile scanning units are being actively addressed. Looking forward, efforts will focus on enhancing community resilience, expanding partnerships, and building on established projects for sustainable impact

Consultation with stakeholders

No consultation with stakeholders

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
8 January 2025

And signed on behalf of the board by:
Name: Mark Graham
Status: Director