BETTER MINDS LANCASHIRE CIC

Company limited by guarantee

Company Registration Number:
15047160 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2025

Period of accounts

Start date: 1 September 2024

End date: 31 August 2025

BETTER MINDS LANCASHIRE CIC

Contents of the Financial Statements

for the Period Ended 31 August 2025

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

BETTER MINDS LANCASHIRE CIC

Directors' report period ended 31 August 2025

The directors present their report with the financial statements of the company for the period ended 31 August 2025

Directors

The directors shown below have held office during the whole of the period from
1 September 2024 to 31 August 2025

Simon Wilson
BRENDA CROFT


Secretary SIMON WILSON

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
28 October 2025

And signed on behalf of the board by:
Name: Simon Wilson
Status: Director

BETTER MINDS LANCASHIRE CIC

Profit And Loss Account

for the Period Ended 31 August 2025

2025 13 months to 31 August 2024


£

£
Turnover: 18,015 7,742
Cost of sales: ( 2,261 ) ( 185 )
Gross profit(or loss): 15,754 7,557
Distribution costs: ( 1,443 )
Administrative expenses: ( 6,322 ) ( 5,113 )
Operating profit(or loss): 7,989 2,444
Profit(or loss) before tax: 7,989 2,444
Profit(or loss) for the financial year: 7,989 2,444

BETTER MINDS LANCASHIRE CIC

Balance sheet

As at 31 August 2025

Notes 2025 13 months to 31 August 2024


£

£
Fixed assets
Tangible assets: 3 6,185 240
Total fixed assets: 6,185 240
Current assets
Stocks: 4 870 180
Debtors: 5 1,826 6,372
Cash at bank and in hand: 4,222 52
Total current assets: 6,918 6,604
Creditors: amounts falling due within one year: 6 ( 4,400 )
Net current assets (liabilities): 6,918 2,204
Total assets less current liabilities: 13,103 2,444
Creditors: amounts falling due after more than one year: 7 ( 2,670 )
Total net assets (liabilities): 10,433 2,444
Members' funds
Profit and loss account: 10,433 2,444
Total members' funds: 10,433 2,444

The notes form part of these financial statements

BETTER MINDS LANCASHIRE CIC

Balance sheet statements

For the year ending 31 August 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 28 October 2025
and signed on behalf of the board by:

Name: Simon Wilson
Status: Director

The notes form part of these financial statements

BETTER MINDS LANCASHIRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

BETTER MINDS LANCASHIRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 2. Employees

    2025 13 months to 31 August 2024
    Average number of employees during the period 6 3

BETTER MINDS LANCASHIRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2024 240 240
Additions 5,945 5,945
Disposals
Revaluations
Transfers
At 31 August 2025 6,185 6,185
Depreciation
At 1 September 2024
Charge for year
On disposals
Other adjustments
At 31 August 2025
Net book value
At 31 August 2025 6,185 6,185
At 31 August 2024 240 240

BETTER MINDS LANCASHIRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Stocks

2025 13 months to 31 August 2024
£ £
Stocks 870 180
Total 870 180

BETTER MINDS LANCASHIRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

5. Debtors

2025 13 months to 31 August 2024
£ £
Trade debtors 1,826 6,372
Total 1,826 6,372

BETTER MINDS LANCASHIRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

6. Creditors: amounts falling due within one year note

  13 months to 31 August 2024
  £
Trade creditors 4,400
Total   4,400

BETTER MINDS LANCASHIRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

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

2025
£
Other creditors 2,670
Total 2,670

COMMUNITY INTEREST ANNUAL REPORT

BETTER MINDS LANCASHIRE CIC

Company Number: 15047160 (England and Wales)

Year Ending: 31 August 2025

Company activities and impact

During this period, we have been able to continue to engage in research-based activities with Lancaster University and Lancashire University and have been fortunate to have received funding through Blackpool Council's Household Support Fund which has allowed us to offer community activities. We have been recruiting volunteers for our local services which support families struggling with food poverty and the current cost of living crisis. Our Community Pantry has proven very popular with members and visitors to the Community Hub and is providing us with the finance and therefore the opportunity to support families with disabled and neurodiverse children to navigate complex systems and access services. Although we have diversified, our objective is to continue to seek core funding to develop a leadership team to provide more sustainable services beyond the Fylde coast and reach further across Lancashire, to increase our regional impact on the families which we exist to provide early help and intervention.

Consultation with stakeholders

Our stakeholders are members of the community with lived experience who volunteer their time and skills and help to support our social enterprise activities. We work closely with other organisations and take a continuous learning approach to training and upskilling our volunteers. There are currently no paid positions with Better Minds Lancashire and we are hopeful that this will change in the future. It is evident that we have provided a space in which the local community can engage and take up opportunities for self-improvement and with continuous consultation from our community, we now have plans to extend our physical spaces to offer locally, as well as continuing to advocate for families with complex needs.

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
28 October 2025

And signed on behalf of the board by:
Name: Simon Wilson
Status: Director