MCH WHEAL PROSPER CIC

Company limited by guarantee

Company Registration Number:
14867415 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 15 May 2023

End date: 31 May 2024

MCH WHEAL PROSPER CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

MCH WHEAL PROSPER CIC

Profit And Loss Account

for the Period Ended 31 May 2024

13 months to 31 May 2024


£
Turnover: 24,049
Cost of sales: ( 150 )
Gross profit(or loss): 23,899
Administrative expenses: ( 13,651 )
Operating profit(or loss): 10,248
Profit(or loss) before tax: 10,248
Profit(or loss) for the financial year: 10,248

MCH WHEAL PROSPER CIC

Balance sheet

As at 31 May 2024

Notes 13 months to 31 May 2024


£
Fixed assets
Tangible assets: 3 2,424
Total fixed assets: 2,424
Current assets
Debtors: 4 381
Cash at bank and in hand: 7,442
Total current assets: 7,823
Creditors: amounts falling due within one year: 5 ( 9,276 )
Net current assets (liabilities): (1,453)
Total assets less current liabilities: 971
Total net assets (liabilities): 971
Members' funds
Profit and loss account: 971
Total members' funds: 971

The notes form part of these financial statements

MCH WHEAL PROSPER CIC

Balance sheet statements

For the year ending 31 May 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 10 February 2025
and signed on behalf of the board by:

Name: Karen Gregory
Status: Director

The notes form part of these financial statements

MCH WHEAL PROSPER CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

MCH WHEAL PROSPER CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    13 months to 31 May 2024
    Average number of employees during the period 0

    No direct employees. Directors act on a voluntary basis

MCH WHEAL PROSPER CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 2,424 2,424
Disposals
Revaluations
Transfers
At 31 May 2024 2,424 2,424
Depreciation
Charge for year
On disposals
Other adjustments
At 31 May 2024
Net book value
At 31 May 2024 2,424 2,424

MCH WHEAL PROSPER CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

13 months to 31 May 2024
£
Trade debtors 381
Total 381

MCH WHEAL PROSPER CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

13 months to 31 May 2024
£
Trade creditors 9,276
Total 9,276

MCH WHEAL PROSPER CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Financial Commitments

Committed spend against grant income includes £8225 for premises upgrades £339 for computer equipment and £712 on project activities

COMMUNITY INTEREST ANNUAL REPORT

MCH WHEAL PROSPER CIC

Company Number: 14867415 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Our mission is to ensure an inclusive community where every individual, regardless of their abilities, is empowered to thrive. We are dedicated to supporting individuals with learning disabilities by advocating for their rights, providing tailored resources, and fostering a sense of belonging through various inclusive programs and initiatives. By working collaboratively with local businesses, educational providers, and community members, we aim to cultivate an environment where diversity is celebrated, and everyone has the opportunity to participate fully and meaningfully in community life. In the past year, we have been fortunate to receive a small number of grants that have enabled us to work towards our organisational goals and deliver impactful projects to our beneficiaries. To date, 62 individuals have benefitted from our activities throughout this financial year. Additionally, we secured funding to upgrade some facilities within the premises we use, enhancing the comfort and functionality of our meeting space, and providing a more inviting environment for our community members.

Consultation with stakeholders

At the heart of our organisation are our service users, who are not just beneficiaries of our programmes they are our major stakeholders, driving the direction and focus of our efforts. We believe that for our initiatives to be truly impactful, they must be shaped by the voices and aspirations of those we support. We regularly invite our service users to participate in open forums, surveys, and one-on-one discussions to share their goals, outcomes, and what they wish to achieve. These conversations are invaluable, providing us with firsthand insights into their needs, challenges, and dreams. By actively listening to our service users, we ensure that our programmes remain relevant, responsive, and rooted in lived experiences. Our commitment goes beyond mere consultation. We collaborate closely with our service users to co-create personalised plans that help them achieve their desired outcomes. Whether it's through tailored educational programmes, employment support, or community engagement initiatives, we work hand-in-hand with them to turn their goals into reality. In essence, our service users are at the core of everything we do. Their dreams and aspirations fuel our mission, guiding us as we strive to create an inclusive and empowering environment for all.

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
10 February 2025

And signed on behalf of the board by:
Name: Karen Gregory
Status: Director