HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Company limited by guarantee

Company Registration Number:
12401298 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The directors shown below have held office during the whole of the period from
1 February 2023 to 31 January 2024

Emily Colette Walters
Thomas Christopher Bleaden Yard


The director shown below has held office during the period of
11 January 2024 to 31 January 2024

Sara McIver


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
14 October 2024

And signed on behalf of the board by:
Name: Emily Colette Walters
Status: Director

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 49,026 28,632
Cost of sales: ( 31,394 ) ( 19,239 )
Gross profit(or loss): 17,632 9,393
Distribution costs: 0 0
Administrative expenses: ( 65,272 ) ( 9,211 )
Other operating income: 44,510 1,320
Operating profit(or loss): (3,130) 1,502
Interest receivable and similar income: 81 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (3,049) 1,502
Tax: 0 ( 243 )
Profit(or loss) for the financial year: (3,049) 1,259

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 1,091 323
Cash at bank and in hand: 12,104 10,529
Investments:   0 0
Total current assets: 13,195 10,852
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 15,341 ) ( 9,949 )
Net current assets (liabilities): (2,146) 903
Total assets less current liabilities: (2,146) 903
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (2,146) 903
Members' funds
Profit and loss account: (2,146) 903
Total members' funds: ( 2,146) 903

The notes form part of these financial statements

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Balance sheet statements

For the year ending 31 January 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 14 October 2024
and signed on behalf of the board by:

Name: Emily Colette Walters
Status: Director

The notes form part of these financial statements

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 31 January 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 1

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Debtors

2024 2023
£ £
Trade debtors 0 200
Prepayments and accrued income 0 0
Other debtors 1,091 123
Total 1,091 323
Debtors due after more than one year: 0 0

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 815 243
Accruals and deferred income 0 0
Other creditors 14,526 9,706
Total 15,341 9,949

COMMUNITY INTEREST ANNUAL REPORT

HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC

Company Number: 12401298 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. Hope Meadows has continued to provide affordable and accessible equine assisted therapy and equine assisted activities to the local community. The focus has remained on providing a professional, compassionate, mental health service at a lower cost than would be usual for this type of therapy. This year, Hope Meadows invested significantly in the therapeutic riding programme, which has been well received by clients and stakeholders. Hope Meadows has continued to run several funded projects to reach more members of the community, including those on a low income or living in poverty. The number of people accessing the services grows significantly year on year, and Hope Meadows now supports a large number of people on a weekly basis.

Consultation with stakeholders

The stakeholders are members of the local community (both adults and children) who are in need of mental health support and/or therapy. This can include existing clients and potential clients, as well as consideration of the community as its own entity. The stakeholders have provided many forms of feedback over the course of the year. This includes feedback forms completed to fulfil funding obligations. Further, Hope Meadows now has an ‘Advisory Board’, made up of current/former clients, local professionals, and academics. It is the responsibility of the Advisory Board to seek out, record, and advise on, the wishes of the stakeholders above.

Directors' remuneration

Other than that labelled within the accounts, 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
14 October 2024

And signed on behalf of the board by:
Name: EMILY WALTERS
Status: Director