PEDRO, PONCHO AND PALS CIC

Company limited by guarantee

Company Registration Number:
14883616 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 22 May 2023

End date: 31 May 2024

PEDRO, PONCHO AND PALS CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

PEDRO, PONCHO AND PALS CIC

Directors' report period ended 31 May 2024

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

Directors

The directors shown below have held office during the whole of the period from
22 May 2023 to 31 May 2024

Angela Edwards
Richard Nurse


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 February 2025

And signed on behalf of the board by:
Name: Angela Edwards
Status: Director

PEDRO, PONCHO AND PALS CIC

Profit And Loss Account

for the Period Ended 31 May 2024

2024


£
Turnover: 14,840
Cost of sales: ( 21,214 )
Gross profit(or loss): (6,374)
Administrative expenses: ( 12,866 )
Other operating income: 4,065
Operating profit(or loss): (15,175)
Profit(or loss) before tax: (15,175)
Profit(or loss) for the financial year: (15,175)

PEDRO, PONCHO AND PALS CIC

Balance sheet

As at 31 May 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 621
Total current assets: 621
Creditors: amounts falling due within one year: 3 ( 15,796 )
Net current assets (liabilities): (15,175)
Total assets less current liabilities: (15,175)
Total net assets (liabilities): (15,175)
Members' funds
Profit and loss account: (15,175)
Total members' funds: ( 15,175)

The notes form part of these financial statements

PEDRO, PONCHO AND PALS CIC

Balance sheet statements

For the year ending 31 May 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 20 February 2025
and signed on behalf of the board by:

Name: Angela Edwards
Status: Director

The notes form part of these financial statements

PEDRO, PONCHO AND PALS CIC

Notes to the Financial Statements

for the Period Ended 31 May 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 for goods and services provided in the normal course of business, net of discounts and value added taxes.

    Other accounting policies

    Government Grants Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

PEDRO, PONCHO AND PALS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024
    Average number of employees during the period 2

PEDRO, PONCHO AND PALS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Creditors: amounts falling due within one year note

2024
£
Other creditors 15,796
Total 15,796

COMMUNITY INTEREST ANNUAL REPORT

PEDRO, PONCHO AND PALS CIC

Company Number: 14883616 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

The company’s activities will provide benefit to members of the community who would like to improve their social, mental, physical or emotional wellbeing by accessing the Wellness Farm. This will be done by access to green space and contact with animals, providing an opportunity to learn about animal care in an outdoor setting as well as providing opportunity for mindful activities, physical activity and social interaction in a natural setting. The Wellness Farm will provide education opportunities for pre-school, Home Education, One to One, Alternative Provision and anyone in the community with an interest in animal care.

Consultation with stakeholders

The company’s stakeholders are visitors and supporters of the Wellness Farm and the animals. We get direct feedback during and after the visits. Many say it is unique and wonderful to interact directly with the animals, rather than simply viewing them. We adapt out experiences as a result of feedback, and where possible ensure visitors expectations and desires are met. Many of our volunteers do so with the intention of spending quality time in the environment and with the animals.

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
20 February 2025

And signed on behalf of the board by:
Name: Angela Edwards
Status: Director