PLACE HEALTH TECHNOLOGY CIC

Company limited by guarantee

Company Registration Number:
12135472 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

PLACE HEALTH TECHNOLOGY CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

PLACE HEALTH TECHNOLOGY CIC

Directors' report period ended 31 August 2024

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

Directors

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

Kim Foale


The director shown below has held office during the period of
1 September 2023 to 18 October 2023

Geoffrey Hellings


The director shown below has held office during the period of
27 March 2024 to 31 August 2024

Peter Foale


The director shown below has held office during the period of
30 October 2023 to 31 August 2024

Emma Charleston


The director shown below has held office during the period of
17 October 2023 to 31 August 2024

Katja Mordaunt


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
17 March 2025

And signed on behalf of the board by:
Name: Kim Foale
Status: Director

PLACE HEALTH TECHNOLOGY CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Administrative expenses: ( 104,983 ) ( 115,639 )
Other operating income: 103,012 113,262
Operating profit(or loss): (1,971) (2,377)
Profit(or loss) before tax: (1,971) (2,377)
Profit(or loss) for the financial year: (1,971) (2,377)

PLACE HEALTH TECHNOLOGY CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,549 3,640
Total fixed assets: 2,549 3,640
Current assets
Debtors: 4 742 900
Cash at bank and in hand: 35,797 40,037
Total current assets: 36,539 40,937
Creditors: amounts falling due within one year: 5 ( 39,513 ) ( 43,030 )
Net current assets (liabilities): (2,974) (2,093)
Total assets less current liabilities: (425) 1,547
Total net assets (liabilities): (425) 1,547
Members' funds
Profit and loss account: (425) 1,547
Total members' funds: ( 425) 1,547

The notes form part of these financial statements

PLACE HEALTH TECHNOLOGY CIC

Balance sheet statements

For the year ending 31 August 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 17 March 2025
and signed on behalf of the board by:

Name: Kim Foale
Status: Director

The notes form part of these financial statements

PLACE HEALTH TECHNOLOGY CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant and Machinery 33% Straight Line

PLACE HEALTH TECHNOLOGY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

PLACE HEALTH TECHNOLOGY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 6,112 6,112
Additions 1,119 1,119
Disposals
Revaluations
Transfers
At 31 August 2024 7,231 7,231
Depreciation
At 1 September 2023 2,472 2,472
Charge for year 2,210 2,210
On disposals
Other adjustments
At 31 August 2024 4,682 4,682
Net book value
At 31 August 2024 2,549 2,549
At 31 August 2023 3,640 3,640

PLACE HEALTH TECHNOLOGY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Other debtors 742 900
Total 742 900

PLACE HEALTH TECHNOLOGY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,020
Other creditors 39,513 42,010
Total 39,513 43,030

COMMUNITY INTEREST ANNUAL REPORT

PLACE HEALTH TECHNOLOGY CIC

Company Number: 12135472 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

The company’s activities will provide benefit to grassroots community groups, charities and VCSE sector organisations working to digitally include the communities they work with. It will also benefit the practitioners conducing this work. Activity 1: Train community partnerships in digital tools Benefit 1: Communities are able to work together to meet their digital needs, especially with publishing events and services that can be easily found by residents and other groups Activity 2: Create a community of practice for people doing digital inclusion work with communities Benefit 2: Practitioners are supported to work together to share best practice and create better and more robust outcomes by working more closely together

Consultation with stakeholders

Our stakeholders are the community groups using our platform, and community organisers working to coordinate them to work better together. We have spent this period conducting detailed qualitative research into their digital and social needs to better organise their groups. This research has gone directly into the tools, training and software we then provide to the groups.

Directors' remuneration

Remuneration totalling £27,122 was paid to directors during the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 March 2025

And signed on behalf of the board by:
Name: Kim Foale
Status: Director