PUPPY PRIDE C.I.C.

Company Registration Number:
08610985 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

PUPPY PRIDE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PUPPY PRIDE C.I.C.

Directors' report period ended 31 July 2023

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

Directors

The director shown below has held office during the whole of the period from
1 August 2022 to 31 July 2023

Mr Kye Etherton


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
30 July 2024

And signed on behalf of the board by:
Name: Mr Kye Etherton
Status: Director

PUPPY PRIDE C.I.C.

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 61 121
Total fixed assets: 61 121
Current assets
Stocks: 4 35,912 36,991
Debtors: 5 11,502 4,889
Cash at bank and in hand: 1,932 2,635
Total current assets: 49,346 44,515
Creditors: amounts falling due within one year: 6 ( 21,110 ) ( 13,936 )
Net current assets (liabilities): 28,236 30,579
Total assets less current liabilities: 28,297 30,700
Creditors: amounts falling due after more than one year: 7 ( 4,336 ) ( 6,587 )
Total net assets (liabilities): 23,961 24,113
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 23,959 24,111
Total Shareholders' funds: 23,961 24,113

The notes form part of these financial statements

PUPPY PRIDE C.I.C.

Balance sheet statements

For the year ending 31 July 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 July 2024
and signed on behalf of the board by:

Name: Mr Kye Etherton
Status: Director

The notes form part of these financial statements

PUPPY PRIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 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 membership fees, event ticket sales, the sale of goods, and from consultancy. Turnover is reduced for estimated customer returns, rebates and other similar allowances.Membership Fees Turnover from membership fees is recognised when they are received.Event income Turnover from event income is recognised when the event has taken place.Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.Consultancy Turnover from consultancy is recognised by reference to the estimated stage of completion of the contract.

    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:Computer Equipment - 3 years

    Other accounting policies

    Stocks and Work in Progress Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs.Taxation Income tax expense represents the sum of the tax currently payable and deferred tax.The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

PUPPY PRIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

PUPPY PRIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 176 176
Additions
Disposals
Revaluations
Transfers
At 31 July 2023 176 176
Depreciation
At 1 August 2022 55 55
Charge for year 60 60
On disposals
Other adjustments
At 31 July 2023 115 115
Net book value
At 31 July 2023 61 61
At 31 July 2022 121 121

PUPPY PRIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Stocks

2023 2022
£ £
Stocks 35,912 36,991
Total 35,912 36,991

PUPPY PRIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors

2023 2022
£ £
Trade debtors 8,038 432
Other debtors 3,464 4,457
Total 11,502 4,889

PUPPY PRIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 2,257 2,148
Trade creditors 1,000 2,304
Taxation and social security 1,496 513
Accruals and deferred income 876 576
Other creditors 15,481 8,395
Total 21,110 13,936

PUPPY PRIDE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

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

2023 2022
£ £
Bank loans and overdrafts 4,336 6,587
Total 4,336 6,587

COMMUNITY INTEREST ANNUAL REPORT

PUPPY PRIDE C.I.C.

Company Number: 08610985 (England and Wales)

Year Ending: 31 July 2023

Company activities and impact

Puppy Pride runs a free online social network, as well as free online chat facilities, and a store - profit from which is used to sponsor events and keep the social network free.We also directly organise an annual convention on the Pride in London weekend.We help the LGBT+ community by the following:Providing a free-to-use social network, with features designed about privacy for users, and trying to help build connections and provide a sense of communitySending stock to events for them to raffle or give away, encouraging attendance and helping events raise funds for themselves so they can continue to provide a needed safe spaceSending necessary equipment to events to help them operate safely and to ensure the wellbeing of their attendeesHosting blogs and comments, to encourage open discussion and promote strong mental healthUniting segments of the LGBT+ community together to build up support structures and create safe spaces for more vulnerable individualsParticipating, and helping others to organise groups in local and global LGBT+ Pride eventsRunning an annual event on the Pride in London weekend called Pride Unbound*London, to provide those who walk wit us in the parade a safe space to change & store bags for the parade. As well as putting on a weekend of education talks & workshops to promote safety and positive wellbeing.Also during the covid period we ran online social events to keep the community engaged and to help combat the loneliness that isolation causes.

Consultation with stakeholders

Puppy Pride’s stakeholders are members of the social network and the event organisers that we work with.We regularly ask our most loyal members both what they think of the company's current direction, and what we should do in future.We also receive verbal reports from the events that we sponsor so we hear about current news in the community, how event attendees are reacting to our sponsorship, and what we can do to help further.Our store purchases are tailored to our social network members and sponsored events. We aim to provide options at lower prices than competitors, so that those with less money can still participate safely and feel welcomed.

Directors' remuneration

No remuneration was received

Transfer of assets

As part of Puppy Pride’s endeavour to assist and grow the global pup play community, we regularly support local and international events with raffle prizes, and giveaways, to help those events raise funds for themselves or good causes. We also purchase equipment for some events which can not afford it to help them and their local communities.However due to covid, there were no physical events held during August 2021 and September 2021, and less afterMonthly Events:Howl Newcastle – 12 prize packs with an average of £125 cost value each. Total: £1500Pup Out London - 12 prize packs with an average of £125 cost value each. Total: £1500Annual Events:Puppy Germany – Prizes valued at £100CT-PAH Pet Social – Raffle prizes valued at £500 LA Pup Pride Contest – Contest & Raffle prizes valued at £1500International Pup & Handler Contest – Contest & Raffle prizes valued at £1500Paris Pride Pup Party – Gifts valued at £500Doggy Weekend Manchester (November 2023) – Gifts valued at £3500As well as other misc prize packs send to various smaller events, or pride walking groups around the world upon request

This report was approved by the board of directors on
30 July 2024

And signed on behalf of the board by:
Name: Mr Kye Etherton
Status: Director