WE CARE HOMES C.I.C.

Company Registration Number:
10614341 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 1 March 2024

End date: 28 February 2025

WE CARE HOMES C.I.C.

Contents of the Financial Statements

for the Period Ended 28 February 2025

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

WE CARE HOMES C.I.C.

Profit And Loss Account

for the Period Ended 28 February 2025

2025 2024


£
£
Turnover: 1,060,505 813,426
Cost of sales: ( 65,710 ) ( 1,552 )
Gross profit(or loss): 994,795 811,874
Distribution costs: ( 2,157 ) ( 4,601 )
Administrative expenses: ( 783,096 ) ( 801,875 )
Other operating income: 0 0
Operating profit(or loss): 209,542 5,398
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 14,545 ) ( 103 )
Profit(or loss) before tax: 194,997 5,295
Tax: 0 0
Profit(or loss) for the financial year: 194,997 5,295

WE CARE HOMES C.I.C.

Balance sheet

As at 28 February 2025

Notes 2025 2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 331 2,101
Investments:   0 0
Total current assets: 331 2,101
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 74,329 ) ( 240,073 )
Net current assets (liabilities): (73,998) (237,972)
Total assets less current liabilities: (73,998) ( 237,972)
Creditors: amounts falling due after more than one year: 4 ( 347,117 ) ( 378,141 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (421,115) (616,113)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (421,215 ) (616,213 )
Total Shareholders' funds: ( 421,115 ) (616,113)

The notes form part of these financial statements

WE CARE HOMES C.I.C.

Balance sheet statements

For the year ending 28 February 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 15 July 2026
and signed on behalf of the board by:

Name: Adrian Adams
Status: Director

The notes form part of these financial statements

WE CARE HOMES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 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

WE CARE HOMES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 12 7

WE CARE HOMES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 73,402 49,891
Accruals and deferred income 0 0
Other creditors 927 190,182
Total 74,329 240,073

WE CARE HOMES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2025

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

2025 2024
£ £
Bank loans and overdrafts 34,138 34,439
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 312,979 343,702
Total 347,117 378,141

COMMUNITY INTEREST ANNUAL REPORT

WE CARE HOMES C.I.C.

Company Number: 10614341 (England and Wales)

Year Ending: 28 February 2025

Company activities and impact

WE CARE HOMES SPECIALISES IN SUPPORTING VULNERABLE YOUNG PEOPLE WHO ARE 16+ AND OFTEN ARE EITHER HOMELESS, IN AND OUT OF CARE AND/OR PRISON. WE PROVIDE SAFE AND SECURE ACCOMMODATION IN SURREY TO AT-RISK, YOUNG PEOPLE, WHICH IS COUPLED WITH 24-HOUR SUPPORT FROM APPROPRIATELY TRAINED STAFF. OUR CARE IS TAILORED TO EACH INDIVIDUAL WHO OFTEN HAS COMPLEX AND/OR CHALLENGING NEEDS.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £46,000.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
15 July 2026

And signed on behalf of the board by:
Name: Adrian Adams
Status: Director