HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Company limited by guarantee

Company Registration Number:
12401298 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 1 February 2022

End date: 31 January 2023

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

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

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Directors' report period ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The directors shown below have held office during the whole of the period from
1 February 2022 to 31 January 2023

Emily Colette Walters
Thomas Christopher Bleaden Yard


The director shown below has held office during the period of
22 May 2022 to 31 January 2023

Annie Rebecca Hovey


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 September 2023

And signed on behalf of the board by:
Name: Emily Colette Walters
Status: Director

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 28,632 7,688
Cost of sales: ( 19,239 ) ( 4,017 )
Gross profit(or loss): 9,393 3,671
Distribution costs: 0 0
Administrative expenses: ( 9,211 ) ( 4,027 )
Other operating income: 1,320 0
Operating profit(or loss): 1,502 (356)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 1,502 (356)
Tax: ( 243 ) 0
Profit(or loss) for the financial year: 1,259 (356)

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 323 200
Cash at bank and in hand: 10,529 5,097
Investments:   0 0
Total current assets: 10,852 5,297
Creditors: amounts falling due within one year: 4 ( 9,949 ) ( 5,653 )
Net current assets (liabilities): 903 (356)
Total assets less current liabilities: 903 ( 356)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 903 (356)
Members' funds
Profit and loss account: 903 ( 356)
Total members' funds: 903 (356)

The notes form part of these financial statements

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Balance sheet statements

For the year ending 31 January 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 27 September 2023
and signed on behalf of the board by:

Name: Emily Colette Walters
Status: Director

The notes form part of these financial statements

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 31 January 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, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 0

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Debtors

2023 2022
£ £
Trade debtors 200 200
Prepayments and accrued income 0 0
Other debtors 123 0
Total 323 200
Debtors due after more than one year: 0 0

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
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 243 0
Accruals and deferred income 9,680 5,188
Other creditors 26 465
Total 9,949 5,653

COMMUNITY INTEREST ANNUAL REPORT

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Company Number: 12401298 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

Hope Meadows has continued to provide affordable and accessible equine assisted therapy and equine assisted activities to the local community. The focus has remained on providing a professional, compassionate, mental health service at a much lower cost than would be usual for this type of therapy.This has included running several funded projects to reach more members of the community, including those on a low income or living in poverty. The organisation has also broadened into group therapeutic activities, a change from previous years where support has only been offered one to one. The combination of these activities has led to a much higher number of people accessing the organisation, and therefore more help provided.

Consultation with stakeholders

The stakeholders are members of the local community (both adults and children) who are in need of mental health support and/or therapy. This can include existing clients and potential clients, as well as consideration of the community as its own entity.The stakeholders have provided many forms of feedback over the course of the year. This includes feedback forms completed to fulfil funding obligations. This feedback has helped the organisation to shift its offering when needed – one example of this is adults mental health support groups. A survey was conducted asking the community what groups they would like to see us put on, with the result being the creation of three new equine assisted support groups; meditation, menopause, and adult wellbeing.

Directors' remuneration

Other than that labelled within the accounts, 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
25 October 2023

And signed on behalf of the board by:
Name: Emily Colette Walters
Status: Director