NATURE'S CHALLENGE C.I.C.

Company limited by guarantee

Company Registration Number:
11139781 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

NATURE'S CHALLENGE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

NATURE'S CHALLENGE C.I.C.

Directors' report period ended 31 December 2023

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

Directors

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

Symon Edwards Rawles
Benjamin Reynolds


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
15 April 2024

And signed on behalf of the board by:
Name: Symon Edwards Rawles
Status: Director

NATURE'S CHALLENGE C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 79,161 41,067
Cost of sales: ( 29,066 ) ( 7,410 )
Gross profit(or loss): 50,095 33,657
Administrative expenses: ( 40,227 ) ( 36,782 )
Operating profit(or loss): 9,868 (3,125)
Interest receivable and similar income: 19 14
Interest payable and similar charges: ( 177 ) ( 54 )
Profit(or loss) before tax: 9,710 (3,165)
Profit(or loss) for the financial year: 9,710 (3,165)

NATURE'S CHALLENGE C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 10,973 15,145
Total fixed assets: 10,973 15,145
Current assets
Cash at bank and in hand: 3,024 9,436
Total current assets: 3,024 9,436
Creditors: amounts falling due within one year: 4 ( 11,397 ) ( 29,607 )
Net current assets (liabilities): (8,373) (20,171)
Total assets less current liabilities: 2,600 ( 5,026)
Creditors: amounts falling due after more than one year: 5 ( 4,474 ) ( 6,558 )
Total net assets (liabilities): (1,874) (11,584)
Members' funds
Profit and loss account: (1,874) ( 11,584)
Total members' funds: ( 1,874) (11,584)

The notes form part of these financial statements

NATURE'S CHALLENGE C.I.C.

Balance sheet statements

For the year ending 31 December 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 15 April 2024
and signed on behalf of the board by:

Name: Symon Edwards Rawles
Status: Director

The notes form part of these financial statements

NATURE'S CHALLENGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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 for goods supplied, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably

    Tangible fixed assets depreciation policy

    Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount. Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

NATURE'S CHALLENGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

NATURE'S CHALLENGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 20,862 20,862
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 20,862 20,862
Depreciation
At 1 January 2023 5,717 5,717
Charge for year 4,172 4,172
On disposals
Other adjustments
At 31 December 2023 9,889 9,889
Net book value
At 31 December 2023 10,973 10,973
At 31 December 2022 15,145 15,145

NATURE'S CHALLENGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 1,917 1,634
Taxation and social security 151 2,126
Other creditors 9,329 25,847
Total 11,397 29,607

NATURE'S CHALLENGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

2023 2022
£ £
Bank loans and overdrafts 4,474 6,558
Total 4,474 6,558

COMMUNITY INTEREST ANNUAL REPORT

NATURE'S CHALLENGE C.I.C.

Company Number: 11139781 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

Supporting students who have suffered Adverse Childhood Experiences (ACEs) resulting from a trauma of some sort. Also supporting students on the Autism Spectrum along with students with diagnosed Attention Deficit Hyperactivity Disorder. Supporting students who struggle to attend mainstream education settings due to social anxiety. Taking students out to do activities in nature to boost confidence, mental resilience, fitness, outlook on life, communications skills etc.

Consultation with stakeholders

Direct communication via telephone and email and teams meetings with stakeholders such as Devon County Council SEND, Virtual School, Inclusion, Bridges and mainstream schools in Exeter.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
15 May 2024

And signed on behalf of the board by:
Name: Symon Rawles
Status: Director