SO, HE CARES - EDUCATION AND CHILDCARE CIC

Company limited by guarantee

Company Registration Number:
08881855 (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

SO, HE CARES - EDUCATION AND CHILDCARE 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

SO, HE CARES - EDUCATION AND CHILDCARE 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

To provide rich and challenging education to our learners irrespective of ability, race, colour or religion.



Directors

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

Emmanuel Dakoru-Whyte
Ruth Ibinabo Fiberesima D-Whyte
Morayo Amao
Oluwafunmilayo Amao


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
19 May 2025

And signed on behalf of the board by:
Name: Emmanuel Dakoru-Whyte
Status: Director

SO, HE CARES - EDUCATION AND CHILDCARE CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 18 months to 31 August 2023


£

£
Turnover: 50,482 50,702
Cost of sales: ( 6,841 ) ( 16,890 )
Gross profit(or loss): 43,641 33,812
Administrative expenses: ( 56,862 ) ( 42,724 )
Other operating income: 23,041 12,989
Operating profit(or loss): 9,820 4,077
Profit(or loss) before tax: 9,820 4,077
Tax: ( 1,737 ) ( 142 )
Profit(or loss) for the financial year: 8,083 3,935

SO, HE CARES - EDUCATION AND CHILDCARE CIC

Balance sheet

As at 31 August 2024

Notes 2024 18 months to 31 August 2023


£

£
Fixed assets
Tangible assets: 3 500 750
Total fixed assets: 500 750
Current assets
Debtors: 4 7,702
Cash at bank and in hand: 5,684 4,236
Total current assets: 13,386 4,236
Creditors: amounts falling due within one year: 5 ( 5,920 ) ( 5,056 )
Net current assets (liabilities): 7,466 (820)
Total assets less current liabilities: 7,966 ( 70)
Creditors: amounts falling due after more than one year: 6 ( 95 ) ( 142 )
Total net assets (liabilities): 7,871 (212)
Members' funds
Profit and loss account: 7,871 ( 212)
Total members' funds: 7,871 (212)

The notes form part of these financial statements

SO, HE CARES - EDUCATION AND CHILDCARE 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 8 June 2025
and signed on behalf of the board by:

Name: Emmanuel Dakoru-Whyte
Status: Director

The notes form part of these financial statements

SO, HE CARES - EDUCATION AND CHILDCARE 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, 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 25% straight line

SO, HE CARES - EDUCATION AND CHILDCARE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 18 months to 31 August 2023
    Average number of employees during the period 2 2

SO, HE CARES - EDUCATION AND CHILDCARE 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 5,697 5,697
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 5,697 5,697
Depreciation
At 1 September 2023 4,947 4,947
Charge for year 250 250
On disposals
Other adjustments
At 31 August 2024 5,197 5,197
Net book value
At 31 August 2024 500 500
At 31 August 2023 750 750

SO, HE CARES - EDUCATION AND CHILDCARE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 18 months to 31 August 2023
£ £
Trade debtors 3,997
Other debtors 3,705
Total 7,702

SO, HE CARES - EDUCATION AND CHILDCARE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 18 months to 31 August 2023
£ £
Taxation and social security 1,784
Accruals and deferred income 1,089 462
Other creditors 3,047 4,594
Total 5,920 5,056

SO, HE CARES - EDUCATION AND CHILDCARE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

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

2024 18 months to 31 August 2023
£ £
Other creditors 95 142
Total 95 142

SO, HE CARES - EDUCATION AND CHILDCARE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

7. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
At the year ended 31.08.24, the company was owed £3,704 by a director. This was repaid in full by 30.09.24.
£
Balance at 31 August 2023
Advances or credits made: 3,704
Advances or credits repaid:
Balance at 31 August 2024 3,704

COMMUNITY INTEREST ANNUAL REPORT

SO, HE CARES - EDUCATION AND CHILDCARE CIC

Company Number: 08881855 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

So, He Cares is a registered Community Interest Company (CIC), founded in 2014 by dedicated educators, with a mission to empower children and young people - especially those with SEND or experiencing social disadvantage - through inclusive, collaborative support services. Throughout the financial year, we delivered a broad range of educational and family-centred services, including: Parent and family support: Advocacy and mentorship sessions to help families engage with SEND processes. Inclusive learning programs: After-school, online, and workshop sessions tailored to children's social-economic and academic support. EHCP writing and strategic support: Specialised services to aid families in developing Educational, Health and Care Plans. Training for educators: The TIPDP (Teachers International Professional Development Program) offered inclusive, technology-driven practices to both UK and overseas teachers. These activities have provided measurable benefits to families and communities, such as improved access to SEND resources and development of skills for children with additional needs.

Consultation with stakeholders

Stakeholder groups include: families, children and young people with SEND, educators, local authorities and community organisations. Consulation happens through: Interactive sessions and workshops where feedback is encouraged and integrated. Parent support hubs and advocacy which collect lived experiences and guide program adjustment. Actions taken in response to stakeholder feedback include tailoring programs to specific family needs, incorporating lived experience into service design, and continually updating delivery methods.

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
8 June 2025

And signed on behalf of the board by:
Name: Emmanuel Dakoru-Whyte
Status: Director