EQUINE THERAPY CENTER C.I.C.

Company limited by guarantee

Company Registration Number:
09938899 (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

EQUINE THERAPY CENTER C.I.C.

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

EQUINE THERAPY CENTER C.I.C.

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

Mrs N Amor
Ms J Higgs
Mrs L Williams


The director shown below has held office during the period of
1 February 2023 to 10 February 2023

Ms J Hooper


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: Mrs N Amor
Status: Director

EQUINE THERAPY CENTER C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 63,962 82,022
Cost of sales: ( 15,587 ) ( 30,854 )
Gross profit(or loss): 48,375 51,168
Distribution costs: 0 ( 2,085 )
Administrative expenses: ( 47,941 ) ( 55,935 )
Operating profit(or loss): 434 (6,852)
Profit(or loss) before tax: 434 (6,852)
Profit(or loss) for the financial year: 434 (6,852)

EQUINE THERAPY CENTER C.I.C.

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Current assets
Debtors:   0
Cash at bank and in hand: 17,496 1,815
Total current assets: 17,496 1,815
Creditors: amounts falling due within one year: 3 ( 18,770 )
Net current assets (liabilities): (1,274) 1,815
Total assets less current liabilities: (1,274) 1,815
Creditors: amounts falling due after more than one year: 4 ( 7,402 ) ( 10,925 )
Total net assets (liabilities): (8,676) (9,110)
Members' funds
Profit and loss account: (8,676) ( 9,110)
Total members' funds: ( 8,676) (9,110)

The notes form part of these financial statements

EQUINE THERAPY CENTER C.I.C.

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: Mrs N Amor
Status: Director

The notes form part of these financial statements

EQUINE THERAPY CENTER C.I.C.

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

EQUINE THERAPY CENTER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 5

EQUINE THERAPY CENTER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Creditors: amounts falling due within one year note

2024
£
Other creditors 18,770
Total 18,770

Other Creditors consists of £18770 Restricted Funds provided by Funders in respect of service delivery

EQUINE THERAPY CENTER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

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

2024 2023
£ £
Other creditors 7,402 10,925
Total 7,402 10,925

Other Creditors Consists of a Directors Loan ringfenced by agreement

COMMUNITY INTEREST ANNUAL REPORT

EQUINE THERAPY CENTER C.I.C.

Company Number: 09938899 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

The company runs a therapeutic service, working particularly in the field of childhood trauma. The original organisation was founded in January 2016 and has been operating to deliver these services since then for the community it serves. During the financial year February 2023 - January 2024 this was our first financial year after relocating to Monmouthshire from Gloucestershire. -We have started to build local connections in Wales building a community of Volunteers, creating a team where people can feel highly valued for their work. - We have built an initial network of local organisational connections with like minded businesses and charities, that support our service users. - We have delivered 3500 clinical sessions to our client base this year. - We have provided employment for 3 people - We have moved the majority of our purchasing to local businesses within a 5 mile radius of the farm

Consultation with stakeholders

The companies Stakeholders are the clients and referral organisations, staff and volunteers of the Equine Therapy Center. We ask all clients for feedback both during and after their therapeutic programme. We ask all referral agencies for their feedback on what we can do better, how we can further engage with them and what they would like to hear from us. Our research has enabled us to identify that there is a greater need for our services and we are therefore looking at extending our capcity to ensure that we are able to meet this need. Parents and Carers have also requested that they are able to have a catch up on a frequent basis to see how they can more effectively support their young people going through the programme. We are planning to research whether there would be support for a parents group. Our volunteers and staff have a notes and suggestions field on their sign in and sign out sheets to enable suggestions to be made for daily operational issues, which will make the organisation run more smoothly.

Directors' remuneration

The total amount paid or received by directors in respect of qualifying services was £16000. There were no other transactions or arrangements in connection with the remuneration or compensations for directors 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: Mrs N Amor
Status: Director