MIRACLE SOCIAL HOMES CIC

Company limited by guarantee

Company Registration Number:
13060907 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

MIRACLE SOCIAL HOMES CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

MIRACLE SOCIAL HOMES CIC

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

Care and accommodation for vulnerable and challenged young person



Directors

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

Chloe Freeman
Siobhan Patterson
Emma Zindani


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
4 September 2025

And signed on behalf of the board by:
Name: Chloe Freeman
Status: Director

MIRACLE SOCIAL HOMES CIC

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 884,671 599,182
Cost of sales: ( 441,029 ) ( 147,684 )
Gross profit(or loss): 443,642 451,498
Distribution costs: ( 72,032 ) ( 35,391 )
Administrative expenses: ( 349,558 ) ( 378,977 )
Operating profit(or loss): 22,052 37,130
Profit(or loss) before tax: 22,052 37,130
Profit(or loss) for the financial year: 22,052 37,130

MIRACLE SOCIAL HOMES CIC

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 33,143 27,949
Total fixed assets: 33,143 27,949
Current assets
Cash at bank and in hand: 16,689 36,500
Total current assets: 16,689 36,500
Creditors: amounts falling due within one year: 4 ( 10,294 ) ( 4,927 )
Net current assets (liabilities): 6,395 31,573
Total assets less current liabilities: 39,538 59,522
Creditors: amounts falling due after more than one year: 5 ( 26,901 ) ( 26,901 )
Provision for liabilities: ( 1,595 ) ( 159 )
Total net assets (liabilities): 11,042 32,462
Members' funds
Profit and loss account: 11,042 32,462
Total members' funds: 11,042 32,462

The notes form part of these financial statements

MIRACLE SOCIAL HOMES CIC

Balance sheet statements

For the year ending 31 December 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 4 September 2025
and signed on behalf of the board by:

Name: Chloe Freeman
Status: Director

The notes form part of these financial statements

MIRACLE SOCIAL HOMES CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

MIRACLE SOCIAL HOMES CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

MIRACLE SOCIAL HOMES CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 27,949 27,949
Additions 5,144 5,144
Disposals
Revaluations
Transfers 50 50
At 31 December 2024 33,143 33,143
Depreciation
At 1 January 2024
Charge for year
On disposals
Other adjustments
At 31 December 2024
Net book value
At 31 December 2024 33,143 33,143
At 31 December 2023 27,949 27,949

MIRACLE SOCIAL HOMES CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 10,294 4,927
Total 10,294 4,927

MIRACLE SOCIAL HOMES CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

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

2024 2023
£ £
Other creditors 26,901 26,901
Total 26,901 26,901

COMMUNITY INTEREST ANNUAL REPORT

MIRACLE SOCIAL HOMES CIC

Company Number: 13060907 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

Miracles Social Homes CICs continues to provide housing and support services for a range of people in our community that need support. We have focused on housing vulnerable young people between the ages of 16 to 18 years old. We have had girls and boys who have joined with low self-esteem, unmotivated and in some cases very challenging children who struggle to follow the rules. We have had some significant success stories where our young people have been able to be independent enough to go out and live independently by themselves by providing life skills, social support and money management skills. We employ support workers as well as mentors who help with literacy skills, '01 writing and interview skills to name a few.

Consultation with stakeholders

Stake Holders are the West Midland Social Services that place young people in our care. We complete case reports and discuss progress and issues with the young persons social worker who has placed the child with us.

Directors' remuneration

See 7 - Other expenditure -Directors numeration

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 September 2025

And signed on behalf of the board by:
Name: Chloe Freeman
Status: Director