NORTH EAST WELLBEING SOLUTIONS CIC

Company limited by guarantee

Company Registration Number:
SC586647 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

NORTH EAST WELLBEING SOLUTIONS CIC

Contents of the Financial Statements

for the Period Ended 31 January 2025

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

NORTH EAST WELLBEING SOLUTIONS CIC

Directors' report period ended 31 January 2025

The directors present their report with the financial statements of the company for the period ended 31 January 2025

Directors

The directors shown below have held office during the whole of the period from
1 February 2024 to 31 January 2025

Gail Penman
Kelly Bates
Mhairi Duggan


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
3 June 2025

And signed on behalf of the board by:
Name: Kelly Bates
Status: Director

NORTH EAST WELLBEING SOLUTIONS CIC

Profit And Loss Account

for the Period Ended 31 January 2025

2025 2024


£

£
Turnover: 296,029 185,971
Cost of sales: ( 31,839 ) ( 26,524 )
Gross profit(or loss): 264,190 159,447
Administrative expenses: ( 293,828 ) ( 232,144 )
Other operating income: 50,103 49,775
Operating profit(or loss): 20,465 (22,922)
Interest receivable and similar income: 1,733 1,413
Profit(or loss) before tax: 22,198 (21,509)
Tax: ( 3,214 ) 222
Profit(or loss) for the financial year: 18,984 (21,287)

NORTH EAST WELLBEING SOLUTIONS CIC

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets: 3 0 1,018
Tangible assets: 4 23,610 5,674
Total fixed assets: 23,610 6,692
Current assets
Debtors: 5 32,646 25,399
Cash at bank and in hand: 166,192 205,129
Total current assets: 198,838 230,528
Creditors: amounts falling due within one year: 6 ( 54,834 ) ( 91,805 )
Net current assets (liabilities): 144,004 138,723
Total assets less current liabilities: 167,614 145,415
Provision for liabilities: ( 4,486 ) ( 1,271 )
Total net assets (liabilities): 163,128 144,144
Members' funds
Profit and loss account: 163,128 144,144
Total members' funds: 163,128 144,144

The notes form part of these financial statements

NORTH EAST WELLBEING SOLUTIONS 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.

This report was approved by the board of directors on 3 June 2025
and signed on behalf of the board by:

Name: Kelly Bates
Status: Director

The notes form part of these financial statements

NORTH EAST WELLBEING SOLUTIONS 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 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 is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 25% Reducing balance Computer Equipment 20% SLM

    Intangible fixed assets amortisation policy

    It is amortised to income and expenditure account over its estimated economic life of not exceed ten years.

    Other accounting policies

    TAXATION Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

NORTH EAST WELLBEING SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 16 23

NORTH EAST WELLBEING SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 February 2024 5,720 5,720
Additions
Disposals
Revaluations
Transfers
At 31 January 2025 5,720 5,720
Amortisation
At 1 February 2024 4,702 4,702
Charge for year 1,018 1,018
On disposals
Other adjustments
At 31 January 2025 5,720 5,720
Net book value
At 31 January 2025 0 0
At 31 January 2024 1,018 1,018

NORTH EAST WELLBEING SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 0 14,107 14,107
Additions 22,000 22,000
Disposals
Revaluations
Transfers
At 31 January 2025 22,000 14,107 36,107
Depreciation
At 1 February 2024 0 8,433 8,433
Charge for year 1,375 2,689 4,064
On disposals
Other adjustments
At 31 January 2025 1,375 11,122 12,497
Net book value
At 31 January 2025 20,625 2,985 23,610
At 31 January 2024 0 5,674 5,674

NORTH EAST WELLBEING SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Debtors

2025 2024
£ £
Trade debtors 28,062 22,454
Prepayments and accrued income 4,584 2,945
Total 32,646 25,399

NORTH EAST WELLBEING SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

6. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 325 0
Taxation and social security 16,008 9,638
Accruals and deferred income 37,289 81,463
Other creditors 1,212 704
Total 54,834 91,805

NORTH EAST WELLBEING SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

7. Financial Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following: 2025 £ Not later than one year 5,460 Later than one year and not later than five years 17,033 Later than five years 0 Total 22,493 2024 £ Not later than one year 5,460 Later than one year and not later than five years 21,607 Later than five years 887 Total 27,954

COMMUNITY INTEREST ANNUAL REPORT

NORTH EAST WELLBEING SOLUTIONS CIC

Company Number: SC586647 (Scotland)

Year Ending: 31 January 2025

Company activities and impact

North East Wellbeing Solutions CIC (NEWSolutions) is committed to empowering communities by building resilience and promoting awareness of mental health and wellbeing within schools, community organisations and businesses. NEWSolutions CIC adopts the notion that mental health problems can happen to anyone. We believe it is important that children, young people and families receive the right help, at the right time through early identification and intervention. Our mission is to enable children, young people, and adults to hope for a better future, to know that there is help and to access it when they feel help is needed. NEWSolutions CIC provides bespoke responses and packages to support others to address and respond to concerns or unmet need in relation to mental health and wellbeing. NEWSolutions began trading in January 2018. The CIC is led by three directors and have an advisory group of four professionals who meet quarterly to review the business. We have a team which equates to 8 full time equivalent employees, 1 part time associate and 3 volunteers. The company is fully insured, with all team members disclosure checked, and where relevant regulated by a governing body. During the financial year 2024-2025, NEWSolutions has benefitted the company/Community in the following ways: -Commissioned with 14 schools (primary & secondary) ongoing throughout the year for blocks of time to deliver programmes and packages to achieve specified outcomes. -Commissioned with a local authority service for vulnerable young people (Social Work Dept) and providing employability support to economically inactive young people 16+. -Responded to 237 requests for assistance (RFAs) between 1 February 2024 to 31 January 2025 for children and young people within the 14 schools in Angus Council we commission with. The current number of active cases is 158. -The vast majority of these RFAs were responded to and actioned within 48 hours of them being received. -Training workshops have been similar to last year but are not at pre COVID-19 levels. We held 22 training workshops in the year. Training evaluations have all reported that our training input has had a positive impact, lead to change in behaviours and practices and increased knowledge in mental health and neurodiversity. -With support from a local Estate, South Esk Estates, we have been given lease of woodland, and we are developing an outdoor therapy space ’The Wellbeing Woodland’. We have received support by way of funding from the National Lottery and the NHS Tayside Charitable Foundation. -In partnership with the local Authority we ran a Summer Fun & Food program which promotes inclusivity and gives parent and carers to meet and share experiences. More information on our impact can be sourced on our company website using the following link, https://www.new-solutions.co.uk/what-we-do/our-impact/

Consultation with stakeholders

The company’s stakeholders are the staff, children, young people and families within the commissioning organisations, mainly schools at this time. We have had recent contact from colleges and businesses to deliver training in Mental Health. We consult and evaluate our service through regular review meetings with each school/service we are commissioning with and through the data we are gathering in response to the concern being directed to us within each school or service. We also request feedback from our attendees at training events. NEWSolutions CIC is an experienced team of people from a range of professional backgrounds including Education, Health, Third Sector Organisations and Finance. With this multi-disciplinary stance, we come equipped with expertise in areas of therapeutic approaches, consultation and training. With this wealth of expertise and knowledge, we are able to work with each school/service to provide bespoke packages and interventions in response to the needs being highlighted within their context. In our work with the services/schools we are commissioning with we track the themes of concern to which we are being asked to assist with, the main themes arising are concerns related to anxiety, emotional regulation and links to a specific need or diagnosis (Neurodivergence). By gathering this data, we are able to share with each setting the current need and collectively consider ways in which we can more effectively respond to the needs arising. This collectively agreed response has involved providing training to staff, awareness raising and group work sessions for parents/carers and direct group or individual work with children or young people within these identified themes. We are continually reviewing and working on improving our service. We do this through gathering the views of our service users through questionnaires, regular review meetings, seeking the views of parents/carers and staff in the school/service as to what other support is required and how we can make that support accessible to all and by analysing and acting upon the feedback we are given. -There continues to be good feedback regarding our response times and the quality of our advice and feedback, -We continue to face the challenges of making and securing time for review and planning next steps together. -We aspire to further ways of engaging more parents/carers in future events/interventions. -We are now exploring group work programmes and funding which will support the Mental Health and wellbeing principles of NEWSolutions More information on our impact or the feedback received from service users can be sourced on our company website using the following link, https://www.new-solutions.co.uk/what-we-do/our-impact/

Directors' remuneration

During the year salaries were paid to the Directors, who have served during the year. The payments totaled £79,607 and were made under normal market conditions.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
3 June 2025

And signed on behalf of the board by:
Name: Kelly Bates
Status: Director