THE HERBAL ALLIANCE COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
13740113 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

THE HERBAL ALLIANCE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

THE HERBAL ALLIANCE COMMUNITY INTEREST COMPANY

Directors' report period ended 30 November 2023

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

Directors

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

James Wiltshire
Simon Mills
Sebastian Pole
Lloyd Gee
Vilma Matuleviciute
Rumana Zahm
Christopher Etheridge
Cornelia Cooper


The director shown below has held office during the period of
1 December 2022 to 4 March 2023

Marion Mackonochie


Secretary Simon Mills

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
28 August 2024

And signed on behalf of the board by:
Name: James Wiltshire
Status: Director

THE HERBAL ALLIANCE COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 November 2023

2023 13 months to 30 November 2022


£

£
Turnover: 8,033 0
Cost of sales: ( 1,698 ) 0
Gross profit(or loss): 6,335 0
Distribution costs: ( 16,603 ) ( 4,314 )
Administrative expenses: ( 12,125 ) ( 5,760 )
Other operating income: 17,271 8,999
Operating profit(or loss): (5,122) (1,075)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (5,122) (1,075)
Tax: 0 0
Profit(or loss) for the financial year: (5,122) (1,075)

THE HERBAL ALLIANCE COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 November 2023

Notes 2023 13 months to 30 November 2022


£

£
Fixed assets
Intangible assets: 3 269 0
Tangible assets:   0
Total fixed assets: 269 0
Creditors: amounts falling due within one year: 4 ( 6,467 ) ( 1,075 )
Net current assets (liabilities): (6,467) (1,075)
Total assets less current liabilities: (6,198) ( 1,075)
Creditors: amounts falling due after more than one year:   0 0
Total net assets (liabilities): (6,198) (1,075)
Members' funds
Profit and loss account: (6,198) ( 1,075)
Total members' funds: ( 6,198) (1,075)

The notes form part of these financial statements

THE HERBAL ALLIANCE COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 November 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 28 August 2024
and signed on behalf of the board by:

Name: James Wiltshire
Status: Director

The notes form part of these financial statements

THE HERBAL ALLIANCE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 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

THE HERBAL ALLIANCE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 13 months to 30 November 2022
    Average number of employees during the period 6 6

THE HERBAL ALLIANCE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 December 2022 0 0 0
Additions 0 269 269
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 30 November 2023 0 269 269
Amortisation
At 1 December 2022 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 30 November 2023 0 0 0
Net book value
At 30 November 2023 0 269 269
At 30 November 2022 0 0 0

THE HERBAL ALLIANCE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 13 months to 30 November 2022
£ £
Other creditors 6,467 1,075
Total 6,467 1,075

COMMUNITY INTEREST ANNUAL REPORT

THE HERBAL ALLIANCE COMMUNITY INTEREST COMPANY

Company Number: 13740113 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The Herbal Alliance CIC was established to benefit the community of herbal medicine practitioners in the UK and elsewhere, as represented by their professional associations, adding value to the work pf these associations by providing opportunities for collaboration and cooperation between them and their memberships. The vast majority of activities are conducted by volunteers from these professional associations without separate charge to the Alliance. In the financial year concerned the Alliance helped coordinate discussions among the major practitioner groups on work towards a joint educational accreditation process for the whole profession; ran online continuing professional development seminars and webinars, so this community were able to learn from the traditions and therapeutic approaches of others and could provide their patients with coordinated messages about the relative role of each; developed a model clinical audit that can be used by practitioners and student clinics to generate real-world data for the profession; published a regular ‘Herbal Eye’ journal; set up and developed a membership website; initiated with North American partners an important cross-sector sustainability programme

Consultation with stakeholders

The Alliance stakeholders are the professional associations (PAs) of herbal practitioners, represented by Board directors. There are regular ‘Shaping the Future’ meetings of this group with other PA representatives as well, and these almost entirely shape the Alliance work.

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
27 August 2024

And signed on behalf of the board by:
Name: Simon Mills
Status: Director