REFUGEE WELCOME HOMES COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
09187454 (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

REFUGEE WELCOME HOMES COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

REFUGEE WELCOME HOMES COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 83,600 34,298
Cost of sales: ( 77,186 ) ( 34,200 )
Gross profit(or loss): 6,414 98
Distribution costs: 0 0
Administrative expenses: ( 6,864 ) ( 250 )
Other operating income: 0 0
Operating profit(or loss): (450) (152)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (450) (152)
Tax: 0 0
Profit(or loss) for the financial year: (450) (152)

REFUGEE WELCOME HOMES COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 44,898 34,298
Investments:   0 0
Total current assets: 44,898 34,298
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 45,250 ) ( 34,200 )
Net current assets (liabilities): (352) 98
Total assets less current liabilities: (352) 98
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): (352) 98
Members' funds
Profit and loss account: (352) 98
Total members' funds: ( 352) 98

The notes form part of these financial statements

REFUGEE WELCOME HOMES COMMUNITY INTEREST COMPANY

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 24 February 2025
and signed on behalf of the board by:

Name: Michelle Adam
Status: Director

The notes form part of these financial statements

REFUGEE WELCOME HOMES COMMUNITY INTEREST COMPANY

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

REFUGEE WELCOME HOMES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 6

REFUGEE WELCOME HOMES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 45,250 34,200
Other creditors 0 0
Total 45,250 34,200

COMMUNITY INTEREST ANNUAL REPORT

REFUGEE WELCOME HOMES COMMUNITY INTEREST COMPANY

Company Number: 09187454 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Reduced homelessness, increased employment, improved self esteem, integration into the community and the shift from housing benefit to private rental are all dependent upon firstly having a roof over one’s head. Instead of sofa surfing or temporary night shelter accommodation we offer a safe, stable, and affordable place to live. Refugees learn how to be self-sufficient and able to navigate their way to support agencies through referral by our support workers. We provide holistic support for up to 18 months to both the refugee lodger and the landlord to the point where the refugee lodger is ready to move on to private rental accommodation. The refugee community consistently explains to us that two of their biggest challenges they face are isolation and the loneliness this brings. Our aim is for our refugee homes to be places of community where they can foster supportive relationships and live a better life.

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
10 April 2025

And signed on behalf of the board by:
Name: Michelle Adam
Status: Director