BETTER WE CIC

Company limited by guarantee

Company Registration Number:
13762999 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

BETTER WE CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

BETTER WE CIC

Directors' report period ended 30 November 2024

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

Principal activities of the company

Better WE is the community interest organisation specialising in helping people to become a better version of themselves. Services provided by the company: Wellbeing Session- Luncheon Club- Men’s Club-Coffee Morning- Digitally Connected- We fit-Financial Advice- Swimming- Fare Share Food distribution- Kids Language Club- Science Club- Homework Club.



Directors

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

Tahera Khanam
Rafiqur Rahman
Sabrina Rahman


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
15 May 2025

And signed on behalf of the board by:
Name: Tahera Khanam
Status: Director

BETTER WE CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 90,636 43,249
Cost of sales: ( 57,197 ) ( 31,766 )
Gross profit(or loss): 33,439 11,483
Administrative expenses: ( 32,736 ) ( 12,186 )
Operating profit(or loss): 703 (703)
Profit(or loss) before tax: 703 (703)
Profit(or loss) for the financial year: 703 (703)

BETTER WE CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 3,169 3,729
Total fixed assets: 3,169 3,729
Current assets
Debtors: 4 2,228 25,822
Cash at bank and in hand: 36,873 11,916
Total current assets: 39,101 37,738
Creditors: amounts falling due within one year: 5 ( 3,893 )
Net current assets (liabilities): 39,101 33,845
Total assets less current liabilities: 42,270 37,574
Creditors: amounts falling due after more than one year: 6 ( 4,028 )
Accruals and deferred income: ( 42,270 ) ( 34,249 )
Total net assets (liabilities): 0 (703)
Members' funds
Profit and loss account: 0 ( 703)
Total members' funds: 0 (703)

The notes form part of these financial statements

BETTER WE CIC

Balance sheet statements

For the year ending 30 November 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 15 May 2025
and signed on behalf of the board by:

Name: Tahera Khanam
Status: Director

The notes form part of these financial statements

BETTER WE CIC

Notes to the Financial Statements

for the Period Ended 30 November 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 the value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery 15% Fixtures & fittings 15% Computer equipment 15%

    Other accounting policies

    The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. The accounts are presented in £ sterling.

BETTER WE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

BETTER WE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 1,374 425 2,204 4,003
Additions
Disposals
Revaluations
Transfers
At 30 November 2024 1,374 425 2,204 4,003
Depreciation
At 1 December 2023 267 7 0 274
Charge for year 166 63 331 560
On disposals
Other adjustments
At 30 November 2024 433 70 331 834
Net book value
At 30 November 2024 941 355 1,873 3,169
At 30 November 2023 1,107 418 2,204 3,729

BETTER WE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Debtors

2024 2023
£ £
Trade debtors 25,822
Other debtors 2,228
Total 2,228 25,822

BETTER WE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

  2023
  £
Trade creditors 3,893
Total   3,893

BETTER WE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Creditors: amounts falling due after more than one year note

  2023
  £
Other creditors 4,028
Total   4,028

COMMUNITY INTEREST ANNUAL REPORT

BETTER WE CIC

Company Number: 13762999 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

Better We CIC is a Manchester-based community interest company dedicated to enhancing mental health and promoting social inclusion within the local community. Operating primarily in the Longsight area, the organization offers a diverse range of programs and services aimed at fostering personal development and community During the financial year, Better We CIC conducted 11 clubs (i.e. Wellbeing Session- Luncheon Club- Men's Club- Coffee Morning- Digitally Connected- We Fit- Financial Advice- Swimming- Fare Share Food Distribution- Kids language Club- Science Club- Homework Club, Youth club for Girls etc.), one project (achieving Net zero project collaboration with the Salford University). These initiatives provided residents with opportunities to engage in activities that support mental well-being, skill development, and social interaction. By creating inclusive spaces, the organization has played a pivotal role in reducing social isolation and empowering individuals to become better versions of themselves. The organization's commitment to community service is further evidenced by its active presence on various platforms, including its website and social media channels, where it shares resources, updates, and success stories. Through these efforts, Better We CIC has significantly contributed to the well-being and resilience of the Manchester community.

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
15 May 2025

And signed on behalf of the board by:
Name: TAHERA KHANAM
Status: Director