for the Period Ended 30 June 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 June 2024
Principal activities of the company
Political and charitable donations
Company policy on disabled employees
Additional information
During its first year, Yellow Rock Sanctuary CIC has prioritised community engagement, fundraising, and strategic planning to establish a sustainable foundation for future operations. The company has successfully developed a five-year strategic plan and has engaged with stakeholders through networking events and consultations. Efforts have been made to secure funding through grants and donations, ensuring financial sustainability while keeping services affordable. The organisation remains committed to reinvesting all financial resources into expanding its community impact and environmental stewardship programmes.
Directors
The directors shown below have held office during the period of
1 March 2024
to
30 June 2024
The director shown below has held office during the period of
1 August 2023
to
2 October 2023
The director shown below has held office during the whole of the period from
12 June 2023
to
30 June 2024
The director shown below has held office during the period of
12 June 2023
to
26 January 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
13 months to 30 June 2024 | ||
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As at
Notes | 13 months to 30 June 2024 | ||
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 June 2024
Basis of measurement and preparation
for the Period Ended 30 June 2024
13 months to 30 June 2024 | ||
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Average number of employees during the period |
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for the Period Ended 30 June 2024
13 months to 30 June 2024 | ||
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Bank loans and overdrafts |
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During its first year, Yellow Rock Sanctuary CIC has prioritised community engagement and awareness by holding introductory meetings and networking sessions with local organisations and potential stakeholders to raise awareness of its mission. The organisation has actively engaged with wellness practitioners, environmental groups, and local councils to explore partnerships and collaborative opportunities that align with its goals. Strategic planning and site development have been key areas of focus. Feasibility studies and Site visits have been conducted to assess suitable locations for wellness retreats and sustainable infrastructure. Additionally, a strategic five-year growth plan has been developed to ensure lhat the sanctuary's future services remain inclusive, accessible, and environmentally sustainable. Efforts have also been made in fundraising and financial planning. Applications for grants and funding have been submitted to support the initial setup of the organisation, and donations from private supporters have been secured. These contributions have allowed the organisation to begin planning its first community-focused activities. Governance and compliance have been a fundamental part of this foundational phase. A board of directors and an advisory panel have been established to ensure the organisation is structured for long-term sustainability. All necessary CIC compliance and reporting requirements have been completed in accordance with Companies House regulations, post positioning Yellow Rock Sanctuary CIC for sustainable growth in the years ahead.
The company's key stakeholders include local communities in Northern Ireland and beyond who may benefit from mental health support, well-being retreats, and nature-based therapies. Wellness practitioners, environmental groups, and charities with an interest in collaboration are also important stakeholders, alongside funders and donors such as grant providers, charitable foundations, and individual supporters. Local authorities and community organisations play a vital role in helping to deliver social impact initiatives. Since launching, we have engaged with stakeholders through networking events and meetings with wellness experts, local councils, and charities to explore collaborative opportunities. Direct discussions with individuals have provided valuable insights into the demand for mental health retreats, environmental education, and holistic therapies. Conversations with funders have helped us to better understand potential sources of financial support and the requirements for securing grants. The feedback received so far has reinforced the need for accessible well-being services, particularly for individuals who may not engage with traditional mental health support. There is clear enthusiasm from professionals in the wellness and environmental sectors, but structured frameworks are necessary to establish effective partnerships. Additionally, funders have highlighted the importance of demonstrating impact to attract long-term financial backing. In response, Yellow Rock Sanctuary CIC has adopted a donation-based model to ensure services remain accessible to those who need them most. Efforts have been prioritised on securing funding through grants and partnerships to create a sustainable financial model. A strategic plan has been developed to align our programmes with both community needs and funding priorities. As the organisation grows, more formal consultation methods will be introduced, including surveys and structured feedback sessions. This will ensure that Yellow Rock Sanctuary CIC continues to evolve in response to community needs while strengthening its social impact.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
18 February 2025
And signed on behalf of the board by:
Name: Shirli Ann Muldoon
Status: Director