for the Period Ended 31 January 2026
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 January 2026
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 February 2025
to
31 January 2026
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2026 | 2025 | |
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£ |
£ |
| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Distribution costs: |
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| Administrative expenses: |
(
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(
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| Other operating income: |
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| Operating profit(or loss): |
( |
( |
| Profit(or loss) before tax: |
( |
( |
| Profit(or loss) for the financial year: |
( |
( |
As at
| Notes | 2026 | 2025 | |
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£ |
£ |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: |
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| Debtors: |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 4 |
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 January 2026
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 January 2026
| 2026 | 2025 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 January 2026
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 February 2025 |
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| Additions | ||||||
| Disposals |
(
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(
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| Revaluations | ||||||
| Transfers | ||||||
| At 31 January 2026 |
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| Depreciation | ||||||
| At 1 February 2025 |
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| Charge for year | ||||||
| On disposals |
(
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(
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| Other adjustments | ||||||
| At 31 January 2026 |
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| Net book value | ||||||
| At 31 January 2026 |
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| At 31 January 2025 |
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for the Period Ended 31 January 2026
| 2026 | 2025 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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During the financial year, Mindful Gifts CIC made the decision to cease trading and review its future operations. As part of the winding down of its trading activities, the company settled its outstanding liabilities and distributed its remaining games and resources to organisations supporting the community. Some items were donated to support a fundraising event organised for another Community Interest Company (CIC), helping to support its community-focused activities. Other games and resources were donated to care homes, where they could be used by residents for recreational activities, social interaction and wellbeing. These donations enabled the company's remaining resources to continue serving a community purpose following the cessation of trading. A new director was appointed to review the company's future direction and consider whether community-focused activities could be resumed at a later date. Although the company is no longer actively trading, it remains registered while its future activities are under review.
During the financial year, Mindful Gifts CIC communicated with its stakeholders, including local care homes, CIC partners and members of the community. Stakeholders were informed that the company would be leaving its premises in Darlaston and temporarily ceasing activities while its future direction was reviewed. They were also advised that the company may resume community-focused activities at a later date. The company remains mindful of its stakeholders' interests and will consider their needs when reviewing opportunities for future activities.
No remuneration was received
Following the decision to cease trading and vacate its premises in Darlaston, Mindful Gifts CIC transferred its remaining games and community resources without financial consideration. Items were donated to local care homes for the benefit of residents, supporting recreational activities, social interaction and wellbeing. Other items were donated to support fundraising activities for another Community Interest Company. These transfers were undertaken to ensure that the company's remaining resources continued to provide community benefit following the cessation of trading. No financial consideration was received for the donated items.
This report was approved by the board of directors on
30 October 2026
And signed on behalf of the board by:
Name: Vicki Lynne Phipps
Status: Director