HORSEWYSE C.I.C

Company limited by guarantee

Company Registration Number:
06858836 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

HORSEWYSE C.I.C

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

HORSEWYSE C.I.C

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 169,009 146,807
Cost of sales: ( 29,722 ) ( 35,286 )
Gross profit(or loss): 139,287 111,521
Administrative expenses: ( 138,934 ) ( 112,520 )
Operating profit(or loss): 353 (999)
Profit(or loss) before tax: 353 (999)
Tax: ( 2,564 ) ( 1,521 )
Profit(or loss) for the financial year: (2,211) (2,520)

HORSEWYSE C.I.C

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 14,427 8,303
Total fixed assets: 14,427 8,303
Current assets
Debtors: 4 7,640 1,426
Cash at bank and in hand: 12,143 7,871
Total current assets: 19,783 9,297
Creditors: amounts falling due within one year: 5 ( 32,312 ) ( 13,491 )
Net current assets (liabilities): (12,529) (4,194)
Total assets less current liabilities: 1,898 4,109
Total net assets (liabilities): 1,898 4,109
Members' funds
Profit and loss account: 1,898 4,109
Total members' funds: 1,898 4,109

The notes form part of these financial statements

HORSEWYSE C.I.C

Balance sheet statements

For the year ending 31 March 2024 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 18 September 2024
and signed on behalf of the board by:

Name: Dee Margaret Wise
Status: Director

The notes form part of these financial statements

HORSEWYSE C.I.C

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 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

HORSEWYSE C.I.C

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

HORSEWYSE C.I.C

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 10,164 1,609 4,000 15,773
Additions 30,597 1,239 31,836
Disposals
Revaluations
Transfers
At 31 March 2024 40,761 2,848 4,000 47,609
Depreciation
At 1 April 2023 4,500 503 2,467 7,470
Charge for year 22,822 1,357 1,533 25,712
On disposals
Other adjustments
At 31 March 2024 27,322 1,860 4,000 33,182
Net book value
At 31 March 2024 13,439 988 0 14,427
At 31 March 2023 5,664 1,106 1,533 8,303

HORSEWYSE C.I.C

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 7,640
Other debtors 1,426
Total 7,640 1,426

HORSEWYSE C.I.C

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 2,600 1,557
Accruals and deferred income 2,663 1,225
Other creditors 27,049 10,709
Total 32,312 13,491

COMMUNITY INTEREST ANNUAL REPORT

HORSEWYSE C.I.C

Company Number: 06858836 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Horsewyse CIC based in Aylesbury and is very active in providing sports and recreation education. Horsewyse CIC has continued to run a riding school to provide lessons for all in the local area. Horsewyse provided and continues to pride themselves in offering special educational lessons for all disabilities. It also offers scope to all to join in the activity of horse riding and participating in group therapy with horses. We feel this service is of great benefit to the whole community as it is open to all and greatly encourages disabled riders.

Consultation with stakeholders

All stakeholders are consulted at regular meetings on any comments regarding changes or how the CIC should continue, are actioned accordingly.

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
18 September 2024

And signed on behalf of the board by:
Name: Dee Margaret Wise
Status: Director