SETTLED TRANSITION CIC

Company limited by guarantee

Company Registration Number:
16113363 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2025

Period of accounts

Start date: 2 December 2024

End date: 31 December 2025

SETTLED TRANSITION CIC

Contents of the Financial Statements

for the Period Ended 31 December 2025

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

SETTLED TRANSITION CIC

Directors' report period ended 31 December 2025

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

Principal activities of the company

Settled Transition CIC is a Community Interest Company established to support migrants and their families living and working in Shropshire. The company provides peer-led, culturally sensitive wellbeing support, community events, education, and advocacy services to help migrants understand UK culture, navigate everyday life, and maintain their wellbeing in a new environment. The company's work is guided by the Wellbeing Wheel framework, addressing seven dimensions of wellbeing: physical, psychological, financial, social, spiritual, environmental, and intellectual and occupational wellbeing. The company's primary beneficiaries are migrants and their families in Shropshire, with a particular focus on healthcare and adult social care workers who face disproportionate pressures including low pay, social isolation, and barriers to accessing mainstream support services. The company does not distribute profits. Any surplus is reinvested into activities for the benefit of the community it serves.

Political and charitable donations

The company made community benefit contributions of £75.00 during the period in the form of donations to the local Food Hub in Shropshire, to support food insecure community members including migrants with No Recourse to Public Funds. These donations were made for the direct benefit of the community the company serves. No political donations were made during the period.

Additional information

This is the company's first accounting period, covering the period from incorporation on 2 December 2024 to 31 December 2025. During this period the company organised and delivered community events for migrants in Shropshire, supported the local Food Hub through financial contributions, participated in White Ribbon Day awareness activities, engaged with West Mercia Police to develop collaborative approaches to supporting migrants, and established a peer-led WhatsApp community network which grew to over 100 members by the end of the period. Future developments The directors intend to expand the company's community wellbeing programme during 2026, including the delivery of structured monthly workshops covering mental health and resilience, financial wellbeing, employment rights, safeguarding, and domestic abuse awareness. The company has applied for grant funding to support this growth. Statement of directors' responsibilities The directors are responsible for preparing the annual report and financial statements in accordance with applicable law and regulations, and for ensuring the financial statements give a true and fair view of the state of affairs of the company for the period. The company is exempt from audit under section 477 of the Companies Act 2006.



Directors

The directors shown below have held office during the whole of the period from
2 December 2024 to 31 December 2025

Rejoice Chiedza Nhevera
Maggie Nyakutombwa Makombe
Thelma Rumbidzai Chikore


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
27 August 2026

And signed on behalf of the board by:
Name: Rejoice Chiedza Nhevera
Status: Director

SETTLED TRANSITION CIC

Profit And Loss Account

for the Period Ended 31 December 2025

13 months to 31 December 2025


£
Turnover: 800
Cost of sales: 0
Gross profit(or loss): 800
Distribution costs: 0
Administrative expenses: ( 665 )
Other operating income: 0
Operating profit(or loss): 135
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 135
Tax: 0
Profit(or loss) for the financial year: 135

SETTLED TRANSITION CIC

Balance sheet

As at 31 December 2025

Notes 13 months to 31 December 2025


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 135
Investments:   0
Total current assets: 135
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 135
Total assets less current liabilities: 135
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 135
Members' funds
Profit and loss account: 135
Total members' funds: 135

The notes form part of these financial statements

SETTLED TRANSITION CIC

Balance sheet statements

For the year ending 31 December 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 27 August 2026
and signed on behalf of the board by:

Name: Rejoice Chiedza Nhevera
Status: Director

The notes form part of these financial statements

SETTLED TRANSITION CIC

Notes to the Financial Statements

for the Period Ended 31 December 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 income receivable in the ordinary course of the company's community interest activities. Income is recognised when the company is entitled to the income and the amount can be measured reliably. Turnover includes donations received, event income, and grant income, and is stated exclusive of Value Added Tax.

    Other accounting policies

    Going concern The directors have considered the company's financial position and are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis. Expenditure Expenditure is recognised on an accruals basis. Expenditure includes direct costs of activities and administration costs incurred in the period. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and in hand. Taxation The company is a Community Interest Company. No corporation tax liability arises for the period, as the surplus relates to community interest activities.

SETTLED TRANSITION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

  • 2. Employees

    13 months to 31 December 2025
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

SETTLED TRANSITION CIC

Company Number: 16113363 (England and Wales)

Year Ending: 31 December 2025

Company activities and impact

Settled Transition CIC was incorporated on 2 December 2024 to support migrants and their families living and working in Shropshire. During our first year of operation, our activities have benefited the community in the following ways: Community events and social connection. We organised a summer family event attended by members of the migrant community in Shropshire, providing a safe, welcoming space for families to connect, share experiences, and reduce isolation. Cultural barriers and social isolation are among the most significant challenges facing migrants in our area, and events like this directly address those pressures. Food insecurity support. We made financial contributions totalling £75.00 to the local Food Hub to support community members experiencing food insecurity, including migrants with No Recourse to Public Funds who are excluded from mainstream food support provision. Domestic abuse awareness. We participated in White Ribbon Day activities, raising awareness of domestic abuse within migrant communities - a group that is disproportionately affected but often faces additional barriers to reporting or accessing help. Partnership with statutory services. We engaged with West Mercia Police to begin developing collaborative approaches to supporting migrants in Shropshire, including around hate crime reporting and community safety. Peer support network. We established a WhatsApp community network that has grown to over 100 members during the period, providing trusted peer-led information, signposting to services, and mutual support to migrants across Shropshire. All activities were delivered by the directors on a voluntary basis, with no remuneration received. The company does not distribute profits and operates solely for the benefit of its community.

Consultation with stakeholders

Settled Transition CIC's stakeholders are the migrants and diaspora community members it serves in Shropshire, its three founding directors, and local partner organisations including the local Food Hub and West Mercia Police. Community members have been consulted throughout the period via the company's WhatsApp community network, which operates as an ongoing channel for feedback, need identification, and peer support. With over 100 members by the end of the period, this network allows the directors to hear directly from the people they serve, understanding what support is needed, what barriers exist, and what is working well. Feedback from community members directly informed the decision to prioritise the summer family event, food insecurity support, and domestic abuse awareness activities. Partner organisations were consulted through direct engagement. Meetings were held with West Mercia Police to discuss how the company could work collaboratively to improve outcomes for migrants, particularly around community safety and hate crime. The local Food Hub was engaged to understand food insecurity needs in the migrant community and how the company could contribute. The directors themselves bring direct lived experience of migration and of working in healthcare and social care in the UK. This means that community insight is embedded in every decision the company makes, rather than gathered only through formal consultation exercises. As a result of consultation during the period, the company prioritised community-facing activities over internal development, invested in peer network building as a foundation for future service delivery, and developed partnerships with statutory and community organisations as a basis for future collaboration.

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
27 August 2026

And signed on behalf of the board by:
Name: Rejoice Chiedza Nhevera
Status: Director