SOFTLY SOFTLY YOGA CIC

Company limited by guarantee

Company Registration Number:
10151073 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 1 May 2024

End date: 30 April 2025

SOFTLY SOFTLY YOGA CIC

Contents of the Financial Statements

for the Period Ended 30 April 2025

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

SOFTLY SOFTLY YOGA CIC

Directors' report period ended 30 April 2025

The directors present their report with the financial statements of the company for the period ended 30 April 2025

Directors

The directors shown below have held office during the whole of the period from
1 May 2024 to 30 April 2025

Mr Stephen Arthur Wiseman
Ms Jan Mclachlan
Mr James O'Donoghue
Ms Sue Jane Tideswell


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
1 August 2025

And signed on behalf of the board by:
Name: Mr Stephen Arthur Wiseman
Status: Director

SOFTLY SOFTLY YOGA CIC

Profit And Loss Account

for the Period Ended 30 April 2025

2025 2024


£

£
Turnover: 14,565 6,597
Cost of sales: ( 7,744 ) ( 5,838 )
Gross profit(or loss): 6,821 759
Administrative expenses: ( 4,288 ) ( 2,919 )
Other operating income: 126
Operating profit(or loss): 2,659 (2,160)
Profit(or loss) before tax: 2,659 (2,160)
Profit(or loss) for the financial year: 2,659 (2,160)

SOFTLY SOFTLY YOGA CIC

Balance sheet

As at 30 April 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 8,365 2
Total current assets: 8,365 2
Creditors: amounts falling due within one year: 3 ( 8,366 ) ( 2,662 )
Net current assets (liabilities): (1) (2,660)
Total assets less current liabilities: (1) ( 2,660)
Total net assets (liabilities): (1) (2,660)
Members' funds
Profit and loss account: (1) ( 2,660)
Total members' funds: ( 1) (2,660)

The notes form part of these financial statements

SOFTLY SOFTLY YOGA CIC

Balance sheet statements

For the year ending 30 April 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 1 August 2025
and signed on behalf of the board by:

Name: Mr Stephen Arthur Wiseman
Status: Director

The notes form part of these financial statements

SOFTLY SOFTLY YOGA CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

    1.2. Turnover 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. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    1.3. Tangible Fixed Assets and Depreciation 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: Computer Equipment SL

SOFTLY SOFTLY YOGA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 4 4

SOFTLY SOFTLY YOGA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 6,086 693
Other creditors 2,280 1,969
Total 8,366 2,662

COMMUNITY INTEREST ANNUAL REPORT

SOFTLY SOFTLY YOGA CIC

Company Number: 10151073 (England and Wales)

Year Ending: 30 April 2025

Company activities and impact

We offered free yoga and meditation sessions to those on low income, with health issues or in crisis, financial and otherwise issues as well as Unpaid Carers to relieve stress, and improve general well-being. We also contribute to the sense of community in the local area fostering friendships between attendees. We have consistently high class numbers year on year as well as moving into another location this year to offer our classes, combining with other CICs at a new community hub to energise the area. During this year’s project, we have continued our work with the neuro-diverse community, including those with autism and ADHD, running a series of free Kundalini classes, a type of yoga that uses movement and breath work to shift emotional trauma and allow the neuro-diverse to fully be themselves. We have worked with Silver Rd Community Centre, Waterloo Park, The Feed Cafe, supported by Norwich City Council feeding the homeless, and other community teachers to provide our wellbeing sessions with yoga and sound bath healing sessions. These sound healing sessions are always very popular. We have worked together with various practitioners to make yoga and wellbeing more often accessible offering variety in our sessions. We will be offering an Ayurvedic workshop for hormone -balance and well-being, encompassing diet and nutrition, focusing on perimenopause, the menopause and beyond, to those who wouldn’t normally be able to access alternative therapies beyond their financial means. All our classes have continued to be inclusive and welcoming, with people of all ages and genders. One of our teachers, offered a series of integrated yoga therapy classes with Leeway working at a safe house with female survivors of domestic abuse and coercion and will be doing so again in the near future. In order to offer fully equipped restorative classes, we have purchased blocks, blankets, bolsters, and eye bags and will continue our work offering a more restful still, form of yoga and meditation, particularly beneficial for common ailments such as arthritis where joints need to be supported as well as auto immune and post viral type conditions such as ME, Fibromyalgia. The sustainability of our organisation has been supported, this year through donations and ongoing participation. Volunteers support us with admin and travel tasks as well as co- hosting sound baths offering refreshments

Consultation with stakeholders

Class participants –We have a reciprocal relationship with class participants listening to what works well for them and what doesn’t, on an informal basis, and classes are shaped according to need. All yoga postures and meditation in our classes are adaptable to people’s individual needs, in terms of physical health and capacity as well as emotional responses. The wider yoga practitioner community. We contract with local yoga teachers who help shape service development, offering expertise in areas like neuro-divergence and yoga therapy: helping to keep the teaching fresh and varied and who bring other disciplines to our classes. Local businesses. We have again been given free tickets and attended the Norwich Yoga festival and distributed these amongst our class attendees. We started working with Norwich Unity Hub and continued to work with other community centres and yoga studio Happy Om. Norfolk County Council Social Care teams. Living Well Officers, social workers, and admin workers publicised our classes making service users, carers and other family members aware of the benefits of our classes. The National Lottery. We benefited from funding from the National Lottery Community Fund to support our free project Yoga for Peace 2024-2026

Directors' remuneration

Sue Tideswell Director £4555 (£6380 paid but £1825 refunded)

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
2 August 2025

And signed on behalf of the board by:
Name: Ms Sue Jane Tideswell
Status: Director