RESET WSM COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
13859331 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

RESET WSM COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 January 2025

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

RESET WSM COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 January 2025

2025 2024


£

£
Turnover: 423,929 283,419
Cost of sales: ( 33,341 ) ( 36,405 )
Gross profit(or loss): 390,588 247,014
Administrative expenses: ( 323,999 ) ( 232,467 )
Other operating income: 0 5,126
Operating profit(or loss): 66,589 19,673
Interest receivable and similar income: 0
Interest payable and similar charges: ( 152 )
Profit(or loss) before tax: 66,437 19,673
Profit(or loss) for the financial year: 66,437 19,673

RESET WSM COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 4,125 3,100
Total fixed assets: 4,125 3,100
Current assets
Debtors: 4 44,073 3,272
Cash at bank and in hand: 96,873 34,117
Total current assets: 140,946 37,389
Creditors: amounts falling due within one year: 5 ( 82,492 ) ( 30,763 )
Net current assets (liabilities): 58,454 6,626
Total assets less current liabilities: 62,579 9,726
Total net assets (liabilities): 62,579 9,726
Members' funds
Profit and loss account: 62,579 9,726
Total members' funds: 62,579 9,726

The notes form part of these financial statements

RESET WSM COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 January 2025 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: Candice Davies
Status: Director

The notes form part of these financial statements

RESET WSM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 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

    Computer Equipment depreciated 25% straight line.

RESET WSM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 10 10

RESET WSM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 0 4,320 4,320
Additions 947 1,860 2,807
Disposals
Revaluations
Transfers
At 31 January 2025 947 6,180 7,127
Depreciation
At 1 February 2024 0 1,220 1,220
Charge for year 237 1,545 1,782
On disposals
Other adjustments
At 31 January 2025 237 2,765 3,002
Net book value
At 31 January 2025 710 3,415 4,125
At 31 January 2024 0 3,100 3,100

RESET WSM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Debtors

2025 2024
£ £
Trade debtors 44,073 3,272
Total 44,073 3,272

RESET WSM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 17,834 2,573
Accruals and deferred income 45,000 18,500
Other creditors 19,658 9,690
Total 82,492 30,763

COMMUNITY INTEREST ANNUAL REPORT

RESET WSM COMMUNITY INTEREST COMPANY

Company Number: 13859331 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

Reset WSM CIC has operated as an alternative learning provision for the children and young people who are not currently accessing a full time education due to their significant needs and social, emotional, mental health. We help them to develop their strategies to manage their emotions and build positive well being. This enables them to access learning and transition back into a school placement.

Consultation with stakeholders

Reset WSM works with children and young people aged 4-16 and their families. We planned open targeted support sessions to consult parents and children about what they wanted. We use this feedback in our planning. For our HAF programmes we ask that children and young people as well as parent/carers who attended complete an evaluation form. We use this feedback to inform the plans for the next HAF.

Directors' remuneration

The directors are paid a salary for the work they do. There were no other transactions or arrangements in connections with renumeration of directors, or compensation for directors's loss of office, which require to be disclosed.

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: Candice Davies
Status: Director