CHESHIRE WELLNESS & MENTAL FITNESS C.I.C.

Company limited by guarantee

Company Registration Number:
12740791 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

CHESHIRE WELLNESS & MENTAL FITNESS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

CHESHIRE WELLNESS & MENTAL FITNESS C.I.C.

Directors' report period ended 31 July 2024

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

Directors

The director shown below has held office during the whole of the period from
1 August 2023 to 31 July 2024

Mr Anthony Grimes


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
19 February 2025

And signed on behalf of the board by:
Name: Mr Anthony Grimes
Status: Director

CHESHIRE WELLNESS & MENTAL FITNESS C.I.C.

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 3,238 2,678
Cost of sales: ( 623 ) ( 537 )
Gross profit(or loss): 2,615 2,141
Administrative expenses: ( 1,579 ) ( 1,222 )
Operating profit(or loss): 1,036 919
Interest payable and similar charges: ( 300 )
Profit(or loss) before tax: 1,036 619
Tax: ( 197 ) ( 55 )
Profit(or loss) for the financial year: 839 564

CHESHIRE WELLNESS & MENTAL FITNESS C.I.C.

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 1,986 825
Total current assets: 1,986 825
Creditors: amounts falling due within one year: 3 ( 727 ) ( 405 )
Net current assets (liabilities): 1,259 420
Total assets less current liabilities: 1,259 420
Total net assets (liabilities): 1,259 420
Members' funds
Profit and loss account: 1,259 420
Total members' funds: 1,259 420

The notes form part of these financial statements

CHESHIRE WELLNESS & MENTAL FITNESS C.I.C.

Balance sheet statements

For the year ending 31 July 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 19 February 2025
and signed on behalf of the board by:

Name: Mr Anthony Grimes
Status: Director

The notes form part of these financial statements

CHESHIRE WELLNESS & MENTAL FITNESS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Other accounting policies

    2.3. Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

CHESHIRE WELLNESS & MENTAL FITNESS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

CHESHIRE WELLNESS & MENTAL FITNESS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 197 55
Accruals and deferred income 480 300
Other creditors 50 50
Total 727 405

COMMUNITY INTEREST ANNUAL REPORT

CHESHIRE WELLNESS & MENTAL FITNESS C.I.C.

Company Number: 12740791 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

The company holds weekly meetings which are accessible to everyone and anyone. The main objective is to create a community where people feel comfortable and therefore allow individuals to talk about difficulties they have (or are currently) experiencing. We are an open forum that listens to people who want to release daily pressures and stress that many of our vulnerable members experience due to numerous factors. We benefit the community by creating a group and allowing people to understand they are not alone with the difficulties they encounter. Studies show that allowing people to speak about their mental health while others listen, steadily progresses individual wellness and can break down resistance to improve ones health all round. Our mission is to improve everyone's mental health and wellness.

Consultation with stakeholders

Given our business model, we have frequent consultations with our stakeholders. Discussions usually centre around our purpose and also our intentions to develop and become more present in the community.

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
19 February 2025

And signed on behalf of the board by:
Name: Mr Anthony Grimes
Status: Director