SOOTHING STITCHES CIC

Company limited by guarantee

Company Registration Number:
14410929 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

SOOTHING STITCHES CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

SOOTHING STITCHES CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 13 months to 31 October 2023


£

£
Turnover: 33,069 17,000
Cost of sales: ( 18,496 ) ( 5,975 )
Gross profit(or loss): 14,573 11,025
Distribution costs: ( 3,755 ) ( 980 )
Administrative expenses: ( 5,674 ) ( 1,075 )
Operating profit(or loss): 5,144 8,970
Profit(or loss) before tax: 5,144 8,970
Tax: ( 977 ) ( 1,704 )
Profit(or loss) for the financial year: 4,167 7,266

SOOTHING STITCHES CIC

Balance sheet

As at 31 October 2024

Notes 2024 13 months to 31 October 2023


£

£
Current assets
Cash at bank and in hand: 14,170 8,970
Total current assets: 14,170 8,970
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 14,170 8,970
Total assets less current liabilities: 14,170 8,970
Creditors: amounts falling due after more than one year:   0
Total net assets (liabilities): 14,170 8,970
Members' funds
Profit and loss account: 14,170 8,970
Total members' funds: 14,170 8,970

The notes form part of these financial statements

SOOTHING STITCHES CIC

Balance sheet statements

For the year ending 31 October 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 July 2025
and signed on behalf of the board by:

Name: Sally Ann Harper
Status: Director

The notes form part of these financial statements

SOOTHING STITCHES CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

SOOTHING STITCHES CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 13 months to 31 October 2023
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

SOOTHING STITCHES CIC

Company Number: 14410929 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Soothing Stitches CIC aim is to bring quality art, stitch, craft and holistic workshops and projects to different communities in the West Midlands. We have a focus on supporting and assisting members of our community to learn a new skill, develop creativity, increase confidence, and improve their physical and mental wellbeing, making new friends and learning from each other. We have three directors who offer a wealth of knowledge in creative and holistic approaches, making our workshops diverse and exciting and designed specifically for the groups of people who participate

Consultation with stakeholders

Stakeholders include Birmingham City Council and Neighbourhood Network Scheme who have provided grants for us to be able to carry out our work within the community. We apply for a grants and give feedback by evaluation to evidence the project has taken place. We offer different community venues an opportunity to work with us these have included St Ambrose Barlow Community Cafe, BID Services, Ladywood Leisure Centre, Sheldon Library, Oasis Hub Blakenhale, Stechford Leisure Centre and Highfield Hall, Hall Green. Everyone attending one of our projects will fill out monitoring and evaluation forms, these will be fed back to main funders and to individual venues.

Directors' remuneration

The Director received no direct renumeration from the CIC, but is one of the artists that provides services to the groups, under her Self-employment as Sharper Arts. Two other directors work under their self-employment status: Julia Field – Angel Wings Therapies Rachel Matthews – Heal & Sole All income earned is this manner is reported on the Directors Self-Assessment Return.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
15 July 2025

And signed on behalf of the board by:
Name: Sally Harper
Status: Director