LEARNING & WELLBEING PSYCHOLOGY CIC

Company limited by guarantee

Company Registration Number:
12363448 (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

LEARNING & WELLBEING PSYCHOLOGY 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

LEARNING & WELLBEING PSYCHOLOGY 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

Principal activities of the company

The company's principal activity during the year was supporting children and young people in schools and communities with their learning and emotional wellbeing, in line with the SEND Code of Practice (2014), Mental Health and Wellbeing in Schools (2018) and NICE Guidelines.



Directors

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

Dr A. Such
Dr K. Gibb
Dr A. Moses


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
23 April 2025

And signed on behalf of the board by:
Name: Dr A. Such
Status: Director

LEARNING & WELLBEING PSYCHOLOGY CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 8 months to 31 August 2023


£

£
Turnover: 153,140 71,610
Cost of sales: ( 9,744 ) ( 953 )
Gross profit(or loss): 143,396 70,657
Administrative expenses: ( 129,850 ) ( 63,427 )
Operating profit(or loss): 13,546 7,230
Profit(or loss) before tax: 13,546 7,230
Tax: ( 3,140 ) ( 780 )
Profit(or loss) for the financial year: 10,406 6,450

LEARNING & WELLBEING PSYCHOLOGY CIC

Balance sheet

As at 31 August 2024

Notes 2024 8 months to 31 August 2023


£

£
Fixed assets
Tangible assets: 3 6,266 9,336
Total fixed assets: 6,266 9,336
Current assets
Stocks: 4 1,170 1,170
Debtors: 5 5,925 1,875
Cash at bank and in hand: 141,329 143,062
Total current assets: 148,424 146,107
Creditors: amounts falling due within one year: 6 ( 114,828 ) ( 125,987 )
Net current assets (liabilities): 33,596 20,120
Total assets less current liabilities: 39,862 29,456
Creditors: amounts falling due after more than one year: 7 ( 10,000 ) ( 10,000 )
Total net assets (liabilities): 29,862 19,456
Members' funds
Profit and loss account: 29,862 19,456
Total members' funds: 29,862 19,456

The notes form part of these financial statements

LEARNING & WELLBEING PSYCHOLOGY 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 23 April 2025
and signed on behalf of the board by:

Name: Dr A. Such
Status: Director

The notes form part of these financial statements

LEARNING & WELLBEING PSYCHOLOGY 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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 fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life.

LEARNING & WELLBEING PSYCHOLOGY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 8 months to 31 August 2023
    Average number of employees during the period 3 3

LEARNING & WELLBEING PSYCHOLOGY 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 5,727 7,700 13,427
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 5,727 7,700 13,427
Depreciation
At 1 September 2023 1,684 2,407 4,091
Charge for year 1,145 1,925 3,070
On disposals
Other adjustments
At 31 August 2024 2,829 4,332 7,161
Net book value
At 31 August 2024 2,898 3,368 6,266
At 31 August 2023 4,043 5,293 9,336

LEARNING & WELLBEING PSYCHOLOGY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Stocks

2024 8 months to 31 August 2023
£ £
Stocks 1,170 1,170
Total 1,170 1,170

LEARNING & WELLBEING PSYCHOLOGY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors

2024 8 months to 31 August 2023
£ £
Trade debtors 5,925 1,875
Total 5,925 1,875

LEARNING & WELLBEING PSYCHOLOGY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due within one year note

2024 8 months to 31 August 2023
£ £
Taxation and social security 1,797 780
Accruals and deferred income 113,031 125,207
Total 114,828 125,987

LEARNING & WELLBEING PSYCHOLOGY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

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

2024 8 months to 31 August 2023
£ £
Other creditors 10,000 10,000
Total 10,000 10,000

COMMUNITY INTEREST ANNUAL REPORT

LEARNING & WELLBEING PSYCHOLOGY CIC

Company Number: 12363448 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Learning & Wellbeing Psychology CIC is an educational psychology service which provides psychological interventions and advice. During the financial year September 2023 – August 2024, the company’s activities have benefited the community in the following ways: - We continued to focus on service delivery within schools in order to support the whole school community rather than focusing on private commissioning for individual children. We have worked with over 180 children in 30 different schools from September 2023 to August 2024 across Hertfordshire, Bedfordshire and the West Midlands. - We attended The School & Academies Show Birmingham in November 2023 which attracted almost 3000 attendees. We participated in two ‘fireside talks’ in the Safeguarding and Wellbeing Theatre. One session focused on the use of zero tolerance behaviour policies and ways of introducing more relational approaches to school communities. The other explored safeguarding policy and how this is implemented within school. The Show was free to attend. - We have provided Critical Incident support to three schools who have received advice, support with planning for next steps and information sharing, drop-ins for their staff and leadership team and follow-up from Learning & Wellbeing Psychology. - We have worked closely with a school to develop their internal alternative provisions for pupils in their community struggling with attending school. This work included consulting with frontline staff, pupils and strategic planning. - We collaborated with a charity who engage in youth work within Oxfordshire providing early intervention and ‘grass roots’ supports to youth organisations. Learning & Wellbeing Psychology joined their pilot of a Youth Practitioner Wellbeing Programme aimed at supporting those ‘on the ground’ with the youth to develop skills and provide safe spaces to reflect. Learning & Wellbeing Psychology ran two development workshops namely on Trauma Informed Care and Compassionate Communication. The company reached 17 practitioners in these sessions and contributed to a reported 20% reduction in self-reported feelings of burnout in the practitioner group.

Consultation with stakeholders

The company’s stakeholders are children and young people from 0 – 25 in universal and specialist provision and includes the community around the child e.g. the school and families around the child. To consult with stakeholders, a feedback questionnaire is sent to parents and teachers following our involvement at an individual level. We have received 100% positive feedback (above 7 out of 10 rating). Feedback is also sought from our commissioners (e.g. school and education settings) on a termly basis. We have received 100% positive feedback (above 7 out of 10 rating). Questionnaires are sent to attendees following all training sessions. 90% of attendees felt that the training they received helped them to improve their knowledge and skills when working with children and young people. Through feedback, we have further adapted our Service Level Agreements and planning processes so that they meet the needs of our key stakeholders. We have also provided additional feedback to schools, placing us in a consultative role with commissioners.

Directors' remuneration

The aggregate amount of emoluments received by directors in respect of qualifying services was £95,332. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors’ 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
23 April 2025

And signed on behalf of the board by:
Name: Dr A. Such
Status: Director