THE KOALA TREE CIC

Company limited by guarantee

Company Registration Number:
11730168 (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

THE KOALA TREE CIC

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

THE KOALA TREE CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 91,562 74,311
Gross profit(or loss): 91,562 74,311
Administrative expenses: ( 81,520 ) ( 79,568 )
Operating profit(or loss): 10,042 (5,257)
Interest receivable and similar income: 68
Interest payable and similar charges: ( 4 )
Profit(or loss) before tax: 10,106 (5,257)
Tax: ( 921 )
Profit(or loss) for the financial year: 9,185 (5,257)

THE KOALA TREE CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 3,896 2,731
Cash at bank and in hand: 17,236 5,659
Total current assets: 21,132 8,390
Prepayments and accrued income: 2,300
Creditors: amounts falling due within one year: 4 ( 4,017 ) ( 2,391 )
Net current assets (liabilities): 19,415 5,999
Total assets less current liabilities: 19,415 5,999
Accruals and deferred income: ( 9,324 ) ( 5,093 )
Total net assets (liabilities): 10,091 906
Members' funds
Profit and loss account: 10,091 906
Total members' funds: 10,091 906

The notes form part of these financial statements

THE KOALA TREE 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.

This report was approved by the board of directors on 31 July 2024
and signed on behalf of the board by:

Name: Amy Woolston
Status: Director

The notes form part of these financial statements

THE KOALA TREE 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 is measured at fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for customer rebates and other similar allowances.

THE KOALA TREE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

THE KOALA TREE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Debtors

2024 2023
£ £
Trade debtors 3,896 2,731
Total 3,896 2,731

THE KOALA TREE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 921
Other creditors 3,096 2,391
Total 4,017 2,391

COMMUNITY INTEREST ANNUAL REPORT

THE KOALA TREE CIC

Company Number: 11730168 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

The Koala Tree CIC has continued its ambition to provide sustainable community groups to support the emotional wellbeing of new parents. The Koala Cuppa continues in its 5th year of delivery, and is well attended. The Dads’ Group continues into its 3rd year and is well attended. A grass roots, Peer Support led Stay & Play group has been established, grant funded. We have collaborated with other local VCSEs to deliver further groups and training. The Koala Tree has continued to build relationships with local stakeholders by presenting at local events, attending local VCSE networking meetings, delivering training to local stakeholder services. This is to promote local community groups, and to encourage referral to our services. The Koala Tree has offered a placement to our local Clinical Psychology training course to increase the delivery of free to attend services and resource. The Koala Tree has focussed on the clinical, strategic and business development of the service. We have taken part in relevant training to develop the skills and knowledge of clinicians. We secured a mentor to help develop our business and financial planning. We have taken part in regular networking events to build links with other psychologist entrepreneurs.

Consultation with stakeholders

In July 2023 we carried out our regular focus group session. This led directly to the development of the Peer Support led Stay & Play group. We have provided regular supervision for our Peer Support Worker and have identified funds for her continuing professional development.

Directors' remuneration

The total amount paid of receivable by directors in respect of qualifying services was £51,324.46 (including employer pension contributions).

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 November 2024

And signed on behalf of the board by:
Name: Amy Woolston
Status: Director