BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Company limited by guarantee

Company Registration Number:
12704922 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 July 2023

End date: 31 December 2024

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Directors' report period ended 31 December 2024

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

Principal activities of the company

The principal activity of the company during the year under review was Education.



Directors

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

K.J. Shephard
R. Hargrave
S.J. Varnam


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
1 March 2025

And signed on behalf of the board by:
Name: K.J. Shephard
Status: Director

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Profit And Loss Account

for the Period Ended 31 December 2024

18 months to 31 December 2024 2023


£

£
Turnover: 44,825 14,297
Cost of sales: ( 40,909 ) ( 11,117 )
Gross profit(or loss): 3,916 3,180
Distribution costs: ( 487 ) ( 105 )
Administrative expenses: ( 3,884 ) ( 2,569 )
Operating profit(or loss): (455) 506
Profit(or loss) before tax: (455) 506
Tax: 45 ( 14 )
Profit(or loss) for the financial year: (410) 492

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Balance sheet

As at 31 December 2024

Notes 18 months to 31 December 2024 2023


£

£
Fixed assets
Tangible assets: 3 0 510
Total fixed assets: 0 510
Current assets
Debtors: 4 408
Cash at bank and in hand: 709 10,593
Total current assets: 709 11,001
Creditors: amounts falling due within one year: 5 ( 452 ) ( 9,779 )
Net current assets (liabilities): 257 1,222
Total assets less current liabilities: 257 1,732
Creditors: amounts falling due after more than one year: 6 ( 1,011 )
Provision for liabilities: ( 55 )
Total net assets (liabilities): 257 666
Members' funds
Profit and loss account: 257 666
Total members' funds: 257 666

The notes form part of these financial statements

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Balance sheet statements

For the year ending 31 December 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 1 March 2025
and signed on behalf of the board by:

Name: K.J. Shephard
Status: Director

The notes form part of these financial statements

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Notes to the Financial Statements

for the Period Ended 31 December 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the Company; and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Tangible Fixed Assets Policy Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life: Plant and machinery 25% reducing balance Furniture, fittings and equipment 25% reducing balance Intangible fixed assets policy Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses. Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to income and expenditure account as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs. Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses. Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of

    Tangible fixed assets depreciation policy

    Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life: Plant and machinery 25% reducing balance Furniture, fittings and equipment 25% reducing balance

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in the income and expenditure account, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    18 months to 31 December 2024 2023
    Average number of employees during the period 0 0

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 796 796
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 796 796
Depreciation
At 1 July 2023 286 286
Charge for year 510 510
On disposals
Other adjustments
At 31 December 2024 796 796
Net book value
At 31 December 2024 0 0
At 30 June 2023 510 510

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

18 months to 31 December 2024 2023
£ £
Prepayments and accrued income 408
Total   408

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

18 months to 31 December 2024 2023
£ £
Taxation and social security 10 55
Accruals and deferred income 424 9,724
Other creditors 18
Total 452 9,779

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

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

  2023
  £
Other creditors 1,011
Total   1,011

COMMUNITY INTEREST ANNUAL REPORT

BETTER OUTDOORS: WELLBEING WITH NATURE CIC

Company Number: 12704922 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

The company’s activities provide benefit to members of the local area, particularly the National and Charnwood Forest areas of north Leicestershire, by supporting their mental health and wellbeing through a range of outdoor, nature connecting activities. We are woodland based and provide an on-going community, creating opportunities for long lasting connections between our participants. From July 23 -Dec 24 we provided around 85 nature based sessions supporting wellbeing, many of which were free to service users, funded by grants from The National Lottery Fund, Leicestershire County Council SHIRE Fund and the Leicester, Leicestershire and Rutland NHS Getting Help in Neighbourhoods Programme. Some additional free of charge sessions were provided unfunded, or for a small donation. We earned a portion of our income from donations and sales of leisure activities, craft workshops and commissioned work. We provided Courses for Adult Mental Health, offering a safe space in nature for people to come together, learn some self-help and self-care strategies, take part in mindful crafts and make new connections. These showed statistically significant positive changes in their well-being scores. Forest Therapy and Mindful walks, to support mental health and wellbeing through connection with nature, self and others. Women’s Fire Circles, providing a deep listening experience in a supportive natural environment. Other walks for Wellbeing, providing opportunities to increase physical activity, reduce social isolation and have time for supportive “walk and talk” exchanges combined with prompts to stop and notice nature. We also Maintained the Drop-in Mental Health and Wellbeing support sessions for previous or new service users on a monthly voluntary basis as a community service when funding ended in August 24 Continued to collaborate with other local community organisations and practitioners such as Saffron Acres Project and the local Forest Education Network. Provided commissioned sessions on behalf of Forestry England for their Feel Good in the Forest programme. Held open events on specific days relating to Mental Health – eg Time to Talk and Mental Health Awareness Week

Consultation with stakeholders

During 23-34 our stakeholders included members of our local community who need support with their wellbeing, families of adopted, home educated and SEN children, members of our social media group, local mental health support organisations, Social Prescribers and Local Area Coordinators, craftspeople and alternative therapists, other outdoor professionals who work with us, and the various professional networks that support us. We have consulted with our wider local community through Social Media, and with our service users and participants directly via feedback/evaluation surveys, interviews and informal conversation. We are part of several wider community networks, such as the Hinckley and Bosworth Changing Minds forum and the NHS through our links with Social Prescribers. We have 2-way exchanges of information about local priorities and gaps in provision, and learn from other community organisations. We have: Repeatedly adapted our programmes, offering more frequent drop in sessions from additional locations, and responding to the needs of our community Refined our longer 6-week courses as a means to maintaining continuation, connection and support for our course attendees Offered more sites for Forest Bathing walks that are more accessible for those with limited mobility Used more sites with toilets and shelter so that we can offer sessions during the winter Provided sessions for parents of SEND young people after identifying a need We have been part of the Charnwood Forest Geoparks network, attending support meetings and training, have continued to engage with the National Forest, and provided sessions outside our usual locality through Rural CC. We have cemented our new relationships with other practitioners, woodland site owners and community organisations such as Coalville CAN and the Shuttlewood Clarke Foundation. Regrettably, the Directors met in August 2024 to discuss the way forward, and decided that for various personal reasons, the CIC would cease trading at the end of December 2024 in line with our remaining grant funding coming to an end. This message was communicated to stakeholders through our Social Media platforms and Newsletter lists, as well as individual emails.

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
1 March 2025

And signed on behalf of the board by:
Name: K.J. Shephard
Status: Director