EMPOWERING EQUINE CIC

Company limited by guarantee

Company Registration Number:
11987734 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

EMPOWERING EQUINE CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

EMPOWERING EQUINE CIC

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 3,830 500
Cash at bank and in hand: 1,130 10,852
Total current assets: 4,960 11,352
Creditors: amounts falling due within one year: 4 ( 5,215 ) ( 11,982 )
Net current assets (liabilities): (255) (630)
Total assets less current liabilities: (255) ( 630)
Total net assets (liabilities): (255) (630)
Members' funds
Profit and loss account: (255) ( 630)
Total members' funds: ( 255) (630)

The notes form part of these financial statements

EMPOWERING EQUINE 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.

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 24 February 2025
and signed on behalf of the board by:

Name: Sarah Birrane
Status: Director

The notes form part of these financial statements

EMPOWERING EQUINE 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 includes revenue from the rendering of services and funding received from grants and donations. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. Grant income is subsequently matched and allocated in the relevant year in which the expenditure occurs.

    Other accounting policies

    Going concern The financial statements have been prepared on a going concern basis. Tax The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

EMPOWERING EQUINE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

EMPOWERING EQUINE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Debtors

2024 2023
£ £
Trade debtors 3,830 500
Total 3,830 500

EMPOWERING EQUINE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 4,665 6,665
Accruals and deferred income 426 5,317
Other creditors 124
Total 5,215 11,982

COMMUNITY INTEREST ANNUAL REPORT

EMPOWERING EQUINE CIC

Company Number: 11987734 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

The company’s activities continued to focus on providing equine facilitated learning for children and young people who have a range of health, social and wellbeing needs. We have opened our alternative education provision which is now open and successfully running. We are providing both horse care and behaviour and Equine facilitated learning for children and young people who are neurodivergent, care experienced and/or have mental health needs. The EFL provided has benefitted the children and their associated schools. The children have been helped with their emotional and behavioural regulation, social skills, communication skills, confidence, mental wellbeing and also helped them to build other skills.

Consultation with stakeholders

The company’s stakeholders are the children who have participated in our equine facilitated learning programmes and alternative provision, their families, local authorities, schools, children services and donors. Consultations were done by referral forms, email, visits and phone before and whilst we were supplying services to ensure our services meet the needs of the participants and delivered the positive outcomes planned for each child. The directors work together to review and agree strategy including plans to develop services in the Greater Manchester and Cheshire areas for children and young people with various social, behavioural and mental health needs. The directors work with local authorities, schools, children’s organisations/services and parents to secure funding to deliver our provision.

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
22 February 2025

And signed on behalf of the board by:
Name: Sarah Birrane
Status: Director