HALCYON CLINICAL PSYCHOLOGY AND ANIMAL ASSISTED THERAPY CIC

Company Registration Number:
10742756 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

HALCYON CLINICAL PSYCHOLOGY AND ANIMAL ASSISTED THERAPY CIC

Contents of the Financial Statements

for the Period Ended 30 April 2023

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

HALCYON CLINICAL PSYCHOLOGY AND ANIMAL ASSISTED THERAPY CIC

Profit And Loss Account

for the Period Ended 30 April 2023

2023 2022


£

£
Turnover: 70,344 48,859
Cost of sales: ( 1,526 ) ( 2,308 )
Gross profit(or loss): 68,818 46,551
Administrative expenses: ( 61,936 ) ( 51,497 )
Other operating income: 0
Operating profit(or loss): 6,882 (4,946)
Interest receivable and similar income: 6
Profit(or loss) before tax: 6,882 (4,940)
Tax: ( 482 )
Profit(or loss) for the financial year: 6,400 (4,940)

HALCYON CLINICAL PSYCHOLOGY AND ANIMAL ASSISTED THERAPY CIC

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 532 665
Total fixed assets: 532 665
Current assets
Debtors: 4 3,267 0
Cash at bank and in hand: 2,308 1,000
Total current assets: 5,575 1,000
Creditors: amounts falling due within one year: 5 ( 3,325 ) ( 4,344 )
Net current assets (liabilities): 2,250 (3,344)
Total assets less current liabilities: 2,782 ( 2,679)
Accruals and deferred income: ( 636 ) ( 575 )
Total net assets (liabilities): 2,146 (3,254)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,046 (3,354 )
Total Shareholders' funds: 2,146 (3,254)

The notes form part of these financial statements

HALCYON CLINICAL PSYCHOLOGY AND ANIMAL ASSISTED THERAPY CIC

Balance sheet statements

For the year ending 30 April 2023 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 9 October 2023
and signed on behalf of the board by:

Name: Dr Catherine Binney
Status: Director

The notes form part of these financial statements

HALCYON CLINICAL PSYCHOLOGY AND ANIMAL ASSISTED THERAPY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Office equipment is depreciated at 20% reducing balance.

HALCYON CLINICAL PSYCHOLOGY AND ANIMAL ASSISTED THERAPY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

HALCYON CLINICAL PSYCHOLOGY AND ANIMAL ASSISTED THERAPY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2022 1,998 1,998
Additions
Disposals
Revaluations
Transfers
At 30 April 2023 1,998 1,998
Depreciation
At 1 May 2022 1,333 1,333
Charge for year 133 133
On disposals
Other adjustments
At 30 April 2023 1,466 1,466
Net book value
At 30 April 2023 532 532
At 30 April 2022 665 665

HALCYON CLINICAL PSYCHOLOGY AND ANIMAL ASSISTED THERAPY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Debtors

2023 2022
£ £
Other debtors 3,267 0
Total 3,267 0

HALCYON CLINICAL PSYCHOLOGY AND ANIMAL ASSISTED THERAPY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 482
Other creditors 2,843 4,344
Total 3,325 4,344

COMMUNITY INTEREST ANNUAL REPORT

HALCYON CLINICAL PSYCHOLOGY AND ANIMAL ASSISTED THERAPY CIC

Company Number: 10742756 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

Halcyon CIC provides clinical psychology and animal assisted therapy to children and young people with psychological, behavioural or emotional difficulties to improve social, psychological and health outcomes. Halcyon CIC operates in Worcestershire and surrounding areas and in addition to assessment and therapy, we provide teaching, training and consultation and supervision to enhance the support provided by others to the community and promote the dissemination of ethical and evidence-based practice. This year we have continued to offer support to the local community in line with the areas outlined above (once again high demand has been seen in line with national figures suggesting increased mental health difficulties in children and young people). We have also seen increasing levels of more severe mental health difficulties (e.g. self harm and suicide ideation) with clients often citing long waiting lists with statutory services as one of their reasons for seeking our support. We have continued to offer flexibility and choice to clients wherever possible including times, days, treatment options and a range of prices according to the type of psychological support required. We have offered subsidised rates for existing clients where changes to their financial status would have otherwise meant they would not have been able to continue to access therapy. Individualised therapeutic assessments and interventions have been provided to an ever- growing number of children, young people and their families with positive outcomes for mental health, psychological wellbeing and social relationships. We do however recognise that as demand for our service increases, we are not always able to be as flexible with appointment times as we would always like, nor always as immediately responsive due to sometimes having a short waiting list. We have actively looked for another psychology Associate to help with this. Unfortunately, to date we have not been successful at sourcing more capacity with staffing, but we continue to explore options for this. In this financial year period, there was a 67% increase in the number of appointments offered to clients compared to the same period a year prior (1087 appointments and 71 new episodes of care were seen this period, in addition to ongoing client work). A total of 94 separate clients were offered a therapy service in this financial year. These young people and their families may not have had the opportunity to access this type of specialist support locally, or as quickly using statutory services. Certainly, many mentioned a lack of alternative services they could access or long waiting lists. Once again some of the young people using Halcyon’s services explicitly stated a willingness to attend and engage due to the unique animal assisted component of intervention whereas anxiety has prevented them from accessing other statutory services that did not include an animal assisted component. Some children were not attending school and had the potential to be on the periphery of more embedded, statutory services than those in mainstream education. Counselling offered a more affordable option to some clients compared to clinical psychology. New referral and funding sources were also apparent again in this financial year and many stated they had learned of the company via word of mouth and recommendations - testament to the ongoing and growing community awareness of the company. We were able to continue to support 2 clients and start to support one new client, all funded via county council provision as part of their Education Health and Care Plans including children in Education Other Than At School (EOTAS packages). Additionally, we were able to offer specialist support to one vulnerable young person via school funding and another via an NHS IFR arrangement.We have approached several local charities, CICs and local authority services working with more disadvantaged young people in Worcestershire with an offer of free psychological consultation, supervision and/or support for staff. Over the coming year, we are committed to further developing this offer to frontline youth workers who support disadvantaged young people. We are conscious of maximising the reach of our community work within our limited resources to help us provide services to clients who may not typically be able to access services such as ours due to financial barriers. We feel this is best achieved indirectly, by supporting the staff who are already engaged and working with larger numbers of young people than we would be able to impact by offering very limited direct 1-1 sessions. In addition to direct clinical work, we have continued to offer training and supervision for professionals in Animal Assisted Therapy (AAT). Teaching and training have been provided for free to a local university course and a training placement was offered for a student studying animal interventions at a local University. Helping to support the evidence-based training of the future workforce will also impact positively on the mental health and psychological wellbeing of local young people and enhance access to well-trained professionals.

Consultation with stakeholders

Stakeholders are the local community in Worcestershire and surrounding areas in the region, particularly children and young people with mental health, emotional or psychological needs, and their families/carers and those that use our services. Stakeholders have been encouraged to interact with the business via social media channels and this has continued as an accessible medium for interaction. Halcyon CIC fosters an open and collaborative culture. Feedback is collected routinely with embedded tools for collecting feedback from clients. We also worked creatively to collect client opinions on our services and approach, by asking clients to contribute to our values statement by reflecting on their experiences with Halcyon CIC. To date, feedback has all been very positive. Since many clients comment on the animal assisted component, we are working on ways to expand this provision. We continue to encourage clients to provide feedback and ideas. We also stay abreast of local needs and services.

Directors' remuneration

See accounts for full details. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 October 2023

And signed on behalf of the board by:
Name: Dr Catherine Binney
Status: Director