BETTALIVES C.I.C.

Company Registration Number:
13380043 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

BETTALIVES C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

BETTALIVES C.I.C.

Directors' report period ended 31 May 2024

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

Principal activities of the company

The principal activity of the company in the year under review was that of a social enterprise to engage individuals with additional needs to develop independence and employability.



Directors

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

Mrs M Atkinson
Mrs G Tonge


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
24 February 2025

And signed on behalf of the board by:
Name: Mrs M Atkinson
Status: Director

BETTALIVES C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 125,531 94,545
Cost of sales: ( 17,244 ) ( 12,404 )
Gross profit(or loss): 108,287 82,141
Administrative expenses: ( 97,353 ) ( 83,390 )
Other operating income: 6,270 5,000
Operating profit(or loss): 17,204 3,751
Interest receivable and similar income: 4
Interest payable and similar charges: ( 3 )
Profit(or loss) before tax: 17,205 3,751
Profit(or loss) for the financial year: 17,205 3,751

BETTALIVES C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 15,458 1,942
Total fixed assets: 15,458 1,942
Current assets
Cash at bank and in hand: 21,656 11,935
Total current assets: 21,656 11,935
Creditors: amounts falling due within one year: 4 ( 13,062 ) ( 6,329 )
Net current assets (liabilities): 8,594 5,606
Total assets less current liabilities: 24,052 7,548
Provision for liabilities: ( 2,937 ) ( 369 )
Total net assets (liabilities): 21,115 7,179
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 21,015 7,079
Total Shareholders' funds: 21,115 7,179

The notes form part of these financial statements

BETTALIVES C.I.C.

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 24 February 2025
and signed on behalf of the board by:

Name: Mrs M Atkinson
Status: Director

The notes form part of these financial statements

BETTALIVES C.I.C.

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rats in order to write off each asset over its estimated usefule life. Fixtures and Fittings - 10% on reducing balance basis Motor Vehicles - 20% on reducing balance basis Computer Equipment - 33% on cost

    Other accounting policies

    Taxation policy and deferred taxation policy notes

BETTALIVES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

BETTALIVES C.I.C.

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 £ £ £ £ £ £
At 1 June 2023 1,844 588 0 2,432
Additions 4,754 959 9,950 15,663
Disposals
Revaluations
Transfers
At 31 May 2024 6,598 1,547 9,950 18,095
Depreciation
At 1 June 2023 221 269 0 490
Charge for year 378 276 1,493 2,147
On disposals
Other adjustments
At 31 May 2024 599 545 1,493 2,637
Net book value
At 31 May 2024 5,999 1,002 8,457 15,458
At 31 May 2023 1,623 319 0 1,942

BETTALIVES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,827 705
Accruals and deferred income 6,646 1,095
Other creditors 4,589 4,529
Total 13,062 6,329

COMMUNITY INTEREST ANNUAL REPORT

BETTALIVES C.I.C.

Company Number: 13380043 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

The company has continued to provide a day care facility for adults with additional needs, supporting them to develop and promote their independence, integration and employability through a range of activities and experiences.During the year, the business re-located to larger, more suitable premises which enabled management to expand the number of placements. Additionally, the company acquired a mini-bus which enabled the business and its attendee's to extend the area in which they operate and the ability to visit and engage with new opportunities. One such venture is where they provide food bank services in two local wards, funded by a local authority grant. The mini-bus also facilitated travel and day trips to various experiences which would otherwise be out of reach. Another initiative instigated during the accounting period is one where they plan and deliver monthly social events at local venue, open to the public.This both engages the local community, and places responsibility, operational and financial, on the young adults

Consultation with stakeholders

The company's stakeholders are the adults that attend the day centre, and their families, where they undertake various activities designed to engage with them and to develop their independence.They are consulted and guided on the activities, voluntary work and events undertaken, with a view to improving their abilities, independance and ultimately employment opportunities

Directors' remuneration

The directors remuneration information is contained within the notes to the annual accounts.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 February 2025

And signed on behalf of the board by:
Name: Mrs M Atkinson
Status: Director