SAFE BASE HUB C.I.C.

Company limited by guarantee

Company Registration Number:
12063369 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

SAFE BASE HUB C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

SAFE BASE HUB C.I.C.

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Mrs M Monteiro
Mrs A M Wells


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

Miss H E Barker


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: Mrs M Monteiro
Status: Director

SAFE BASE HUB C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 6,064 5,300
Cost of sales: 0 ( 249 )
Gross profit(or loss): 6,064 5,051
Administrative expenses: ( 9,234 ) ( 8,171 )
Other operating income: 47
Operating profit(or loss): (3,123) (3,120)
Profit(or loss) before tax: (3,123) (3,120)
Tax: 312 ( 314 )
Profit(or loss) for the financial year: (2,811) (3,434)

SAFE BASE HUB C.I.C.

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 7,164 8,229
Total fixed assets: 7,164 8,229
Current assets
Debtors: 4 1,865
Cash at bank and in hand: 929 770
Total current assets: 929 2,635
Creditors: amounts falling due within one year: 5 ( 2,045 ) ( 1,827 )
Net current assets (liabilities): (1,116) 808
Total assets less current liabilities: 6,048 9,037
Provision for liabilities: ( 178 )
Total net assets (liabilities): 6,048 8,859
Members' funds
Profit and loss account: 6,048 8,859
Total members' funds: 6,048 8,859

The notes form part of these financial statements

SAFE BASE HUB C.I.C.

Balance sheet statements

For the year ending 30 June 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: Mrs M Monteiro
Status: Director

The notes form part of these financial statements

SAFE BASE HUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 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 rates in order to write off each asset over its estimated useful life. Short leasehold - 5% on cost; fixtutes and fittings - 10% on reducing balance; computer equipment - 33% on cost.

    Other accounting policies

    Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Hire purchase and leasing commitments Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

SAFE BASE HUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

SAFE BASE HUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 6,027 2,446 1,656 10,129
Additions
Disposals
Revaluations
Transfers
At 30 June 2024 6,027 2,446 1,656 10,129
Depreciation
At 1 July 2023 602 338 960 1,900
Charge for year 302 211 552 1,065
On disposals
Other adjustments
At 30 June 2024 904 549 1,512 2,965
Net book value
At 30 June 2024 5,123 1,897 144 7,164
At 30 June 2023 5,425 2,108 696 8,229

SAFE BASE HUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
£ £
Other debtors 1,865
Total   1,865

SAFE BASE HUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 580 527
Other creditors 1,465 1,300
Total 2,045 1,827

COMMUNITY INTEREST ANNUAL REPORT

SAFE BASE HUB C.I.C.

Company Number: 12063369 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The company rented premises to provide facilities to act as a hub for foster children, foster parents and their families and agencies. The company organised activities and visits for its stakeholders; and the hub has been functioning as a place for foster families to meet and share experiences; undertake shared learning and obtain resources.

Consultation with stakeholders

The company's stakeholders are foster children, foster carers and their families, and foster care agencies. The directors of the company consist of foster care professionals, who liaise with stakeholders to provide a centre for parties to meet, undertake activities, communicate and obtain and offer advice. They also orgaise events away from the Hub.

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
17 March 2025

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