THE ABLE STABLES C.I.C.

Company limited by guarantee

Company Registration Number:
12901193 (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

THE ABLE STABLES C.I.C.

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

THE ABLE STABLES C.I.C.

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

Principal activities of the company

The company's principal activity during the year continued to offer holiday accommodation for people with disabilities which they can book in confidence that their mobility needs will be catered for.



Directors

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

G P B Fox
M A Fox
L R Fox
W P Fox
W R E Fox


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 June 2025

And signed on behalf of the board by:
Name: L R Fox
Status: Director

THE ABLE STABLES C.I.C.

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 101,368 110,896
Cost of sales: ( 604 ) ( 1,612 )
Gross profit(or loss): 100,764 109,284
Administrative expenses: ( 48,262 ) ( 23,497 )
Operating profit(or loss): 52,502 85,787
Interest receivable and similar income: 2,397 568
Profit(or loss) before tax: 54,899 86,355
Tax: ( 455 ) ( 108 )
Profit(or loss) for the financial year: 54,444 86,247

THE ABLE STABLES C.I.C.

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 146,353 73,377
Total fixed assets: 146,353 73,377
Current assets
Debtors: 4 15,928
Cash at bank and in hand: 49,368 50,531
Total current assets: 49,368 66,459
Net current assets (liabilities): 49,368 66,459
Total assets less current liabilities: 195,721 139,836
Creditors: amounts falling due after more than one year: 5 ( 1,549 ) ( 108 )
Total net assets (liabilities): 194,172 139,728
Members' funds
Profit and loss account: 194,172 139,728
Total members' funds: 194,172 139,728

The notes form part of these financial statements

THE ABLE STABLES C.I.C.

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 June 2025
and signed on behalf of the board by:

Name: L R Fox
Status: Director

The notes form part of these financial statements

THE ABLE STABLES C.I.C.

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.

    Tangible fixed assets depreciation policy

    20% straight line basis

THE ABLE STABLES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE ABLE STABLES C.I.C.

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 114,652 114,652
Additions 97,595 97,595
Disposals
Revaluations
Transfers
At 30 September 2024 212,247 212,247
Depreciation
At 1 October 2023 41,275 41,275
Charge for year 24,619 24,619
On disposals
Other adjustments
At 30 September 2024 65,894 65,894
Net book value
At 30 September 2024 146,353 146,353
At 30 September 2023 73,377 73,377

THE ABLE STABLES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 15,928
Total   15,928

THE ABLE STABLES C.I.C.

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
£ £
Other creditors 1,549 108
Total 1,549 108

COMMUNITY INTEREST ANNUAL REPORT

THE ABLE STABLES C.I.C.

Company Number: 12901193 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

The opportunity to allow those that may not be able to get away to have a break in rural West Norfolk with an emphasis on providing suitable accommodation for those with a wide range of disabilities. The Able Stables provides a specially adapted cottage in a private walled garden and offers a safe, reassuring holiday location. The money raised by our paying guests enables us to run this project.

Consultation with stakeholders

No consultation with stakeholders

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
4 June 2025

And signed on behalf of the board by:
Name: Mrs L R Fox
Status: Director