COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
09796237 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Directors

The directors shown below have held office during the whole of the period from
1 October 2023 to 30 September 2024

Julie Reeves
Lucy Reeves


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
4 April 2025

And signed on behalf of the board by:
Name: Julie Reeves
Status: Director

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 129,739 90,107
Cost of sales: ( 24,083 ) ( 23,521 )
Gross profit(or loss): 105,656 66,586
Administrative expenses: ( 108,568 ) ( 71,946 )
Other operating income: 4,010
Operating profit(or loss): (2,912) (1,350)
Interest payable and similar charges: ( 3,248 ) ( 1,778 )
Profit(or loss) before tax: (6,160) (3,128)
Profit(or loss) for the financial year: (6,160) (3,128)

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 436 654
Total fixed assets: 436 654
Current assets
Cash at bank and in hand: 617 277
Total current assets: 617 277
Creditors: amounts falling due within one year: 4 ( 61,074 ) ( 52,429 )
Net current assets (liabilities): (60,457) (52,152)
Total assets less current liabilities: (60,021) ( 51,498)
Creditors: amounts falling due after more than one year: 5 ( 11,180 ) ( 13,543 )
Total net assets (liabilities): (71,201) (65,041)
Members' funds
Profit and loss account: (71,201) ( 65,041)
Total members' funds: ( 71,201) (65,041)

The notes form part of these financial statements

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 September 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 4 April 2025
and signed on behalf of the board by:

Name: Julie Reeves
Status: Director

The notes form part of these financial statements

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant and Machinery 20% Reducing Balance

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 3

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 3,240 3,240
Additions
Disposals
Revaluations
Transfers
At 30 September 2024 3,240 3,240
Depreciation
At 1 October 2023 2,586 2,586
Charge for year 218 218
On disposals
Other adjustments
At 30 September 2024 2,804 2,804
Net book value
At 30 September 2024 436 436
At 30 September 2023 654 654

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 2,359 2,355
Taxation and social security 436 226
Other creditors 58,279 49,848
Total 61,074 52,429

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

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

2024 2023
£ £
Bank loans and overdrafts 11,180 13,543
Total 11,180 13,543

COMMUNITY INTEREST ANNUAL REPORT

COTSWOLD EQUESTRIAN ACADEMY COMMUNITY INTEREST COMPANY

Company Number: 09796237 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

The company offers a wide range of activities, including riding lessons for children and adults, therapeutic activities with animals and structured therapy: -We have a 5-star riding school and teach riding and equine skills to adults and children. - We offer volunteer positions for young people with opportunities given for training in animal care. - We have a philosophy of respect for all including people and animals. this philosophy is at the heart of all we do and encourage others to adopt with the care of each animal and their needs. - We offer bespoke sessions for young people with special needs. - Reduced cost therapy for local people on low income, full charge for those who can afford it. - Support given to young employees to obtain qualifications in riding tuition in collaboration with our qualified riding instructors' input. - Work experience placements in collaboration with schools, colleges and Universities. - We offer animal encounters for under 5’s to help with confidence, communication and self-worth, particularly in light of the Covid generation.

Consultation with stakeholders

- Stakeholders include staff, customers, clients, volunteers, local businesses. - Ongoing interaction on social media with regular updates of activities going on and reviews given by the public. - Regular discussions with young people engaging in their ideas and suggestions. This has resulted in acquiring some animals of their choosing and training to support their particular learning needs. - Regular team discussion including all participants to achieve projects such as new animal enclosures. - Ongoing discussions with young people to encourage communication and a supportive team approach. - We buy local where we can and maintain good relationships with local businesses. - Ongoing director’s meetings. - Collaboration with local allotment with regard to manure, free supply as we have plenty of it. It helps us too.

Directors' remuneration

There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office, which required to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 April 2025

And signed on behalf of the board by:
Name: Julie Reeves
Status: Director