CARE OPINION CIC

Company limited by guarantee

Company Registration Number:
10824578 (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

CARE OPINION CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

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Directors' report period ended 31 March 2024

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

Principal activities of the company

The company operates the website careopinion.org.uk – a feedback platform for users of UK wide Health and Social Care services.



Directors

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

Dr JF Munro
MA Rivas-Aguilar
FR Gilmore


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

Prof ML Locock


The director shown below has held office during the period of
25 October 2023 to 31 March 2024

MW Sibley


Secretary RD Padwick

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
20 May 2024

And signed on behalf of the board by:
Name: Dr JF Munro
Status: Director

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Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 273,304 200,062
Total fixed assets: 273,304 200,062
Current assets
Stocks: 4 3,630 3,630
Debtors: 5 5,781 35,966
Cash at bank and in hand: 62,268 49,205
Total current assets: 71,679 88,801
Creditors: amounts falling due within one year: 6 ( 305,750 ) ( 243,078 )
Net current assets (liabilities): (234,071) (154,277)
Total assets less current liabilities: 39,233 45,785
Total net assets (liabilities): 39,233 45,785
Members' funds
Profit and loss account: 39,233 45,785
Total members' funds: 39,233 45,785

The notes form part of these financial statements

CARE OPINION CIC

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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 20 May 2024
and signed on behalf of the board by:

Name: Dr JF Munro
Status: Director

The notes form part of these financial statements

CARE OPINION CIC

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

    Turnover policy

    Turnover represents the value, net of value added tax of subscriptions received and other services provided to customers and subscribers.

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at a revalued amount, are recorded at fair value at the date of revaluation less any subsequently accumulated depreciation and subsequent accumulated impairment losses.

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Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 14 13

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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 338,798 338,798
Additions 73,242 73,242
Disposals
Revaluations
Transfers
At 31 March 2024 412,040 412,040
Depreciation
At 1 April 2023 138,736 138,736
Charge for year
On disposals
Other adjustments
At 31 March 2024 138,736 138,736
Net book value
At 31 March 2024 273,304 273,304
At 31 March 2023 200,062 200,062

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Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 3,630 3,630
Total 3,630 3,630

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Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 5,781 35,966
Total 5,781 35,966

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Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 9,017 2,777
Taxation and social security 61,388 26,047
Accruals and deferred income 107,933 112,456
Other creditors 127,412 101,798
Total 305,750 243,078

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Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Financial Commitments

The total future minimum lease payments due under non-cancelleable operationg leases are as follows: £1,162 (2023 £3,456)

COMMUNITY INTEREST ANNUAL REPORT

CARE OPINION CIC

Company Number: 10824578 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

The company operates the website careopinion.org.uk – a feedback platform for users of UK wide Health and Social Care services. The website enables users of health and social care services to feedback anonymously and safely about their experiences of care with a view to making services better through service improvements. The wider community of the UK benefit from the shared learning and service improvements that are generated because of the platform. In the last year Care Opinion consolidated its work in all parts of the UK including Northern Ireland and Scotland, and continued to expand both the support and website development teams to ensure that its values of re-investing any surplus in service improvement is kept. Care Opinion will be launching its very first Impact Report in June 2024 which has been prepared following consultations with various stakeholders.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

£141,146 of Directors remuneration was paid. This amount was the total paid to two full time directors and excludes pension contributions

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Dr JF Munro
Status: Director