THE WELLNESS CENTRE MERTHYR CIC

Company limited by guarantee

Company Registration Number:
15638675 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 12 April 2024

End date: 30 April 2025

THE WELLNESS CENTRE MERTHYR 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

THE WELLNESS CENTRE MERTHYR 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

Principal activities of the company

The company’s principal activity is the provision of holistic wellness facilities, therapies, and community wellbeing projects within Merthyr Tydfil and the wider area. The Wellness Centre Merthyr CIC provides an inclusive space where local practitioners and facilitators deliver affordable wellness sessions that promote positive mental health and self-care.



Directors

The directors shown below have held office during the period of
12 April 2025 to 30 April 2025

Curtis Harris
Rebecca Harris


The director shown below has held office during the period of
12 April 2025 to 15 August 2024

Nerys Minney


The director shown below has held office during the period of
10 January 2025 to 30 April 2025

Demi Harbord


The director shown below has held office during the whole of the period from
12 April 2024 to 30 April 2025

Victoria Miles


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
10 November 2025

And signed on behalf of the board by:
Name: Rebecca Harris
Status: Director

THE WELLNESS CENTRE MERTHYR CIC

Profit And Loss Account

for the Period Ended 30 April 2025

13 months to 30 April 2025


£
Turnover: 6,976
Gross profit(or loss): 6,976
Administrative expenses: ( 6,423 )
Operating profit(or loss): 553
Profit(or loss) before tax: 553
Profit(or loss) for the financial year: 553

THE WELLNESS CENTRE MERTHYR CIC

Balance sheet

As at 30 April 2025

Notes 13 months to 30 April 2025


£
Current assets
Cash at bank and in hand: 498
Total current assets: 498
Creditors: amounts falling due within one year: 3 ( 9 )
Net current assets (liabilities): 489
Total assets less current liabilities: 489
Total net assets (liabilities): 489
Members' funds
Profit and loss account: 489
Total members' funds: 489

The notes form part of these financial statements

THE WELLNESS CENTRE MERTHYR 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 10 November 2025
and signed on behalf of the board by:

Name: Rebecca Harris
Status: Director

The notes form part of these financial statements

THE WELLNESS CENTRE MERTHYR 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

    Turnover represents the fair value of consideration received or receivable for services provided during the accounting period, net of VAT. Income is recognised when the service has been delivered. Grant income is recognised when the company is entitled to the income, any performance-related conditions have been met, and it is probable that the income will be received.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided on a straight-line basis over the estimated useful lives of the assets. The company does not currently hold any tangible fixed assets.

    Intangible fixed assets amortisation policy

    Intangible fixed assets are stated at cost less accumulated amortisation and any provision for impairment. Amortisation is provided on a straight-line basis over the estimated useful economic lives of the assets. The company does not currently hold any intangible fixed assets.

    Other accounting policies

    Other accounting policies include the basis of preparation under FRS 102 Section 1A (Small Entities), preparation on a going concern basis, taxation, and the recognition of grant income and donations.

THE WELLNESS CENTRE MERTHYR CIC

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees

    13 months to 30 April 2025
    Average number of employees during the period 0

THE WELLNESS CENTRE MERTHYR CIC

Notes to the Financial Statements

for the Period Ended 30 April 2025

3. Creditors: amounts falling due within one year note

13 months to 30 April 2025
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 0
Other creditors 9
Total 9

COMMUNITY INTEREST ANNUAL REPORT

THE WELLNESS CENTRE MERTHYR CIC

Company Number: 15638675 (England and Wales)

Year Ending: 30 April 2025

Company activities and impact

During the period, The Wellness Centre Merthyr CIC provided a wide range of holistic wellbeing services to the local community through studio hire, treatment-room services, wellbeing workshops, meditation and breathwork sessions, and community drop-in programmes. Our core focus throughout this first year was to build a self-sustaining community wellbeing hub that improves access to affordable mental-health support without relying solely on grant funding. We achieved this by developing a strong network of 12 highly qualified facilitators who deliver free or low-cost sessions in a variety of therapeutic and wellbeing disciplines. Across the year, we delivered an average of five group sessions per week, alongside 5–20 one-to-one appointments, depending on demand. Most of our activities are low-cost for attendees, and we have subsidised sessions for individuals experiencing financial hardship to ensure accessibility for all. We also provide a Facilitator Membership programme, offering business support and development guidance so facilitators can grow sustainable practices. In turn, this directly improves the quality and consistency of wellbeing services available to the community. We run a free weekly Tea & Talk session, open to all, providing a safe, welcoming space for people seeking connection, support, or a moment of calm. Through our activities and community engagement, we have supported over 300 local residents so far. Throughout the year, we established strong partnerships with Merthyr Valley Homes, Invest Local Ynysowen, Merthyr Tydfil Council, Morlais GP Surgery, and Thriving Communities CIC, helping us broaden our reach and collaborate on community-led wellbeing initiatives. Regular community drop-in sessions allowed us to consult directly with residents about the support they are seeking, helping us tailor our services. Positive outcomes observed during the year include: Increased access to affordable wellbeing support; Reduced loneliness and improved mental health for attendees; Facilitators reporting improved confidence, business growth, and fulfilment; A consistent flow of positive feedback describing the centre as calming, welcoming, supportive, and transformative. The combination of accessible services, strong facilitator support, and collaborative community engagement enabled us to deliver meaningful impact while building a financially sustainable CIC.

Consultation with stakeholders

The company’s primary stakeholders are the local community members who attend our wellbeing sessions, as well as our growing team of facilitators who deliver these activities. Additional stakeholders include local partner organisations, volunteers, and individuals who engage with our online platforms. We consulted stakeholders in several ways during the year, including: Verbal feedback during and after sessions; Written testimonials and reviews; Social media polls and online surveys; Regular facilitator feedback meetings; Community drop-in sessions designed specifically to gather insight on needs and priorities; Direct conversations with facilitators regarding the development of the space and service offering. Feedback from both community members and facilitators directly shaped the development of our services and operations. Key actions taken in response to stakeholder consultation include: Introducing a wider range of movement-based classes, including Pilates and regular yoga; Expanding our breathwork offering by bringing in new specialist facilitators; Securing a new venue with heating and hot water, following direct facilitator consultation on comfort and accessibility; Reducing facilitator hire fees due to improved venue affordability, increasing bookings and enabling more low-cost sessions for the community; Enhancing our website and booking journey to make accessing services smoother and more user-friendly; Introducing a volunteer administrator to support operational efficiency and community engagement.

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
10 November 2025

And signed on behalf of the board by:
Name: Rebecca Harris
Status: Director