MULTILINGUAL WELLBEING SERVICES

Company limited by guarantee

Company Registration Number:
07292188 (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

MULTILINGUAL WELLBEING SERVICES

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MULTILINGUAL WELLBEING SERVICES

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

To improve and maintain the emotional wellbeing of BAMER (Black and Asian Minority Ethnic and Refugee) Communities in and around Barnet as well as enabling communities to explore, use and share existing cultural techniques to deal with mental health issues. This has been achieved through workshops, training, networking events and through mother tongue counselling as well as our extensive service through the IAPT project in this reporting period.



Directors

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

L C - L Lee
F Radfar


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
8 November 2024

And signed on behalf of the board by:
Name: F Radfar
Status: Director

MULTILINGUAL WELLBEING SERVICES

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 290,950 291,983
Cost of sales: ( 286,079 ) ( 286,278 )
Gross profit(or loss): 4,871 5,705
Administrative expenses: ( 2,574 ) ( 2,624 )
Operating profit(or loss): 2,297 3,081
Profit(or loss) before tax: 2,297 3,081
Profit(or loss) for the financial year: 2,297 3,081

MULTILINGUAL WELLBEING SERVICES

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 520 694
Total fixed assets: 520 694
Current assets
Debtors: 4 24,246 5,477
Cash at bank and in hand: 19,133 35,426
Total current assets: 43,379 40,903
Net current assets (liabilities): 43,379 40,903
Total assets less current liabilities: 43,899 41,597
Creditors: amounts falling due after more than one year: 5 ( 24,479 ) ( 24,474 )
Total net assets (liabilities): 19,420 17,123
Members' funds
Profit and loss account: 19,420 17,123
Total members' funds: 19,420 17,123

The notes form part of these financial statements

MULTILINGUAL WELLBEING SERVICES

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 8 November 2024
and signed on behalf of the board by:

Name: F Radfar
Status: Director

The notes form part of these financial statements

MULTILINGUAL WELLBEING SERVICES

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

    Turnover policy

    All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and Machinery 25% reducing balance

    Other accounting policies

    Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The charitable company makes contributions to staff's individual pension policies. Contributions payable are charged to the Statement of Financial Activities in the period to which they relate.

MULTILINGUAL WELLBEING SERVICES

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

MULTILINGUAL WELLBEING SERVICES

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 7,216 7,216
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 7,216 7,216
Depreciation
At 1 April 2023 6,522 6,522
Charge for year 174 174
On disposals
Other adjustments
At 31 March 2024 6,696 6,696
Net book value
At 31 March 2024 520 520
At 31 March 2023 694 694

MULTILINGUAL WELLBEING SERVICES

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Other debtors 24,246 5,477
Total 24,246 5,477

MULTILINGUAL WELLBEING SERVICES

Notes to the Financial Statements

for the Period Ended 31 March 2024

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

2024 2023
£ £
Other creditors 24,479 24,474
Total 24,479 24,474