COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
09796237 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 September 2023

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

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Directors' report period ended 30 September 2023

The directors present their report with the financial statements of the company for the period ended 30 September 2023

Directors

The directors shown below have held office during the whole of the period from
1 October 2022 to 30 September 2023

JULIE REEVES
LUCY REEVES


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
24 April 2024

And signed on behalf of the board by:
Name: JULIE REEVES
Status: Director

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 September 2023

2023 2022


£

£
Turnover: 90,107 78,712
Cost of sales: ( 23,521 ) ( 24,923 )
Gross profit(or loss): 66,586 53,789
Distribution costs: 0 0
Administrative expenses: ( 71,946 ) ( 68,180 )
Other operating income: 4,010 1,500
Operating profit(or loss): (1,350) (12,891)
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 1,778 ) ( 1,310 )
Profit(or loss) before tax: (3,128) (14,201)
Tax: 0 0
Profit(or loss) for the financial year: (3,128) (14,201)

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 654 872
Investments:   0 0
Total fixed assets: 654 872
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 277 410
Investments:   0 0
Total current assets: 277 410
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 52,429 ) ( 47,255 )
Net current assets (liabilities): (52,152) (46,845)
Total assets less current liabilities: (51,498) ( 45,973)
Creditors: amounts falling due after more than one year: 5 ( 13,543 ) ( 15,940 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (65,041) (61,913)
Members' funds
Profit and loss account: (65,041) ( 61,913)
Total members' funds: ( 65,041) (61,913)

The notes form part of these financial statements

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 September 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 24 April 2024
and signed on behalf of the board by:

Name: JULIE REEVES
Status: Director

The notes form part of these financial statements

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 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 addedtaxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover isreduced for estimated customer returns, rebates and other similar allowances.Sale of goodsTurnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods hastransferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.Rendering of servicesTurnover from the rendering of services is recognised by reference to the stage of completion of the contract. Thestage of completion of a contract is measured by comparing the costs incurred for work performed to date to the totalestimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of acontract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value,over their expected useful lives on the following bases:Plant & Machinery 20% Reducing Balance

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 3,240 3,240
Additions
Disposals
Revaluations
Transfers
At 30 September 2023 3,240 3,240
Depreciation
At 1 October 2022 2,368 2,368
Charge for year 218 218
On disposals
Other adjustments
At 30 September 2023 2,586 2,586
Net book value
At 30 September 2023 654 654
At 30 September 2022 872 872

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 2,355 2,355
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 226 267
Accruals and deferred income 0 0
Other creditors 49,848 44,633
Total 52,429 47,255

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2023

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

2023 2022
£ £
Bank loans and overdrafts 13,543 15,940
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 13,543 15,940

COMMUNITY INTEREST ANNUAL REPORT

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Company Number: 09796237 (England and Wales)

Year Ending: 30 September 2023

Company activities and impact

The company offers a wide range of activities, including riding lessons for children and adults, therapeutic activities and structures therapy for local people. The activities of the company have benefited the community in many ways, including:*Concessionary rates for therapy and riding to people on low incomes*Volunteer positions offering training in animal care and riding*Opportunities for people to interact with nature and animals*Opportunities for young people to develop social skills and competencies

Consultation with stakeholders

Stakeholders include staff, customers, clients, volunteers and local businesses. They have been consulted by:*Communication via social media and in person visitsAction taken by the company in response to consultations with stakeholders:*An increase in small animals due to feedback from young people*Lots of positive feedback and any concerns dealt with immediately*Plans for an increase for structured learning

Directors' remuneration

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
24 April 2024

And signed on behalf of the board by:
Name: Julie Reeves
Status: Director