BILLYS GYM AND WELLNESS CENTRE CIC

Company limited by guarantee

Company Registration Number:
14908134 (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

BILLYS GYM AND WELLNESS CENTRE CIC

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

BILLYS GYM AND WELLNESS CENTRE CIC

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 activities of the CIC is to support the physical, emotional and mental wellbeing of its community by offering free to low cost services that support physical and mental health.



Directors

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

Dione Mary Preece
William Carl Preece
Michelle Ashford
Paul James Songhurst


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
27 February 2025

And signed on behalf of the board by:
Name: Dione Mary Preece
Status: Director

BILLYS GYM AND WELLNESS CENTRE CIC

Profit And Loss Account

for the Period Ended 31 May 2024

2024


£
Turnover: 9,037
Cost of sales: 0
Gross profit(or loss): 9,037
Distribution costs: 0
Administrative expenses: ( 10,594 )
Operating profit(or loss): (1,557)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (1,557)
Tax: 0
Profit(or loss) for the financial year: (1,557)

BILLYS GYM AND WELLNESS CENTRE CIC

Balance sheet

As at 31 May 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 2,000
Investments:   0
Total fixed assets: 2,000
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 158
Investments:   0
Total current assets: 158
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 158
Total assets less current liabilities: 2,158
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 2,158
Members' funds
Profit and loss account: 2,158
Total members' funds: 2,158

The notes form part of these financial statements

BILLYS GYM AND WELLNESS CENTRE 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 27 February 2025
and signed on behalf of the board by:

Name: Dione Mary Preece
Status: Director

The notes form part of these financial statements

BILLYS GYM AND WELLNESS CENTRE 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 Financial Reporting Standard 101

BILLYS GYM AND WELLNESS CENTRE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024
    Average number of employees during the period 2

    no employee is paid, it is all volunteer basis

BILLYS GYM AND WELLNESS CENTRE 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 0 0 1,400 600 0 2,000
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 May 2024 0 0 1,400 600 0 2,000
Depreciation
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 May 2024 0 0 0 0 0 0
Net book value
At 31 May 2024 0 0 1,400 600 0 2,000

COMMUNITY INTEREST ANNUAL REPORT

BILLYS GYM AND WELLNESS CENTRE CIC

Company Number: 14908134 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

We have supported over 100+ vulnerable families within the community and the wider community. Tackling stigma and discrimination in mental health and disability through our activities. Due to our activities, our community has benefitted greatly and we have established strong relationships with other local organisations along with other funders, charities and 3rd sectors. We now work collaboratively with other organisations to deliver free services. With the ever growing waiting list for NHS services, our organisation has never been more important for out communities needs.

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
27 February 2025

And signed on behalf of the board by:
Name: William Carl Preece
Status: Director