LIFE BALANCE THERAPY CIC

Company limited by guarantee

Company Registration Number:
15440244 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 24 January 2024

End date: 31 January 2025

LIFE BALANCE THERAPY CIC

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

LIFE BALANCE THERAPY CIC

Balance sheet

As at 31 January 2025

Notes 2025


£
Current assets
Debtors: 3 86
Cash at bank and in hand: 1,218
Total current assets: 1,304
Creditors: amounts falling due within one year: 4 ( 2,573 )
Net current assets (liabilities): (1,269)
Total assets less current liabilities: (1,269)
Total net assets (liabilities): (1,269)
Members' funds
Profit and loss account: (1,269)
Total members' funds: ( 1,269)

The notes form part of these financial statements

LIFE BALANCE THERAPY CIC

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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 10 June 2025
and signed on behalf of the board by:

Name: Dr Hassina Portia Carder - Gilbert
Status: Director

The notes form part of these financial statements

LIFE BALANCE THERAPY CIC

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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

LIFE BALANCE THERAPY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025
    Average number of employees during the period 0

LIFE BALANCE THERAPY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Debtors

2025
£
Prepayments and accrued income 86
Total 86

LIFE BALANCE THERAPY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Creditors: amounts falling due within one year note

2025
£
Accruals and deferred income 600
Other creditors 1,973
Total 2,573

COMMUNITY INTEREST ANNUAL REPORT

LIFE BALANCE THERAPY CIC

Company Number: 15440244 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

The core mission of Life Balance Therapy IC is to provide mental and physical health support, information, and resources to individuals and groups in the Devon community. This would include activities including: Outreach programs: The CIC actively engages with local health and wellbeing organisations to raise awareness about mental health and long term illness, provide support and information, and offer referrals. Counselling and Therapy: The CIC provides personalised assessment of function, therapy and rehabilitation services to individuals. This supports those living with mental health concerns, chronic health conditions, and physical and cognitive disabilities, and focuses on overcoming barriers to the engagement and participation in activities of self-care, productivity and leisure. Group Meetings: The CIC supports groups offered to individuals who are experiencing challenges to their wellbeing, and promote opportunities for social connection and peer support. Partnerships: The CIC fosters collaborations with other wellbeing services locally to work in partnership to support those in need of support.

Consultation with stakeholders

The CIC actively engages with its stakeholders, including those using the service, their families, and other community organisations. This includes surveys, interview, and written feedback requests which gather insights and address concerns. The CIC demonstrates a commitment to incorporating feedback into its activities to ensure they are responsive to the needs of the community.

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 June 2025

And signed on behalf of the board by:
Name: Dr Hassina Portia Carder-Gilbert
Status: Director