KEYSOE CUDDLE THERAPY CENTRE CIC

Company limited by guarantee

Company Registration Number:
14034449 (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

KEYSOE CUDDLE THERAPY CENTRE CIC

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

KEYSOE CUDDLE THERAPY CENTRE CIC

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 principal activity of the company continued to that of activities which benefit the community and in particular (without limitation) to relieve adults and young people in need through the provision of animal-related therapy. The company was incorporated on 8 April 2022, the comparative period of the financial statements is to 30 September 2023 and the current period is for the year ended 30 September 2024.

Additional information

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.



Directors

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

Mrs Sarah Stoute
Mr Richard Stoute


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
27 June 2025

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

KEYSOE CUDDLE THERAPY CENTRE CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024 18 months to 30 September 2023


£

£
Turnover: 707,460 583,663
Cost of sales: ( 385,768 ) ( 339,324 )
Gross profit(or loss): 321,692 244,339
Administrative expenses: ( 321,692 ) ( 244,339 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

KEYSOE CUDDLE THERAPY CENTRE CIC

Balance sheet

As at 30 September 2024

Notes 2024 18 months to 30 September 2023


£

£
Fixed assets
Tangible assets: 3 55,138 69,892
Total fixed assets: 55,138 69,892
Current assets
Stocks: 4 13,314 0
Debtors: 5 710,307 581,505
Cash at bank and in hand: 3,944 5,509
Total current assets: 727,565 587,014
Creditors: amounts falling due within one year: 6 ( 782,703 ) ( 656,906 )
Net current assets (liabilities): (55,138) (69,892)
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

KEYSOE CUDDLE THERAPY CENTRE CIC

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 27 June 2025
and signed on behalf of the board by:

Name: Mrs Sarah Stoute
Status: Director

The notes form part of these financial statements

KEYSOE CUDDLE THERAPY CENTRE CIC

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

    Included in the financial statements as they become receivable

    Tangible fixed assets depreciation policy

    Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Leasehold improvements 25% reducing balance Plant and equipment 25% reducing balance

    Other accounting policies

    Stocks are stated at the lower of cost and NRV. Cash are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities Financial instruments - the company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Taxation - the company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making profit. Employee benefits - are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. Retirement benefits - payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Leases - rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

KEYSOE CUDDLE THERAPY CENTRE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 18 months to 30 September 2023
    Average number of employees during the period 8 7

KEYSOE CUDDLE THERAPY CENTRE CIC

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 3,460 87,110 90,570
Additions 3,625 3,625
Disposals
Revaluations
Transfers
At 30 September 2024 7,085 87,110 94,195
Depreciation
At 1 October 2023 505 20,173 20,678
Charge for year 1,645 16,734 18,379
On disposals
Other adjustments
At 30 September 2024 2,150 36,907 39,057
Net book value
At 30 September 2024 4,935 50,203 55,138
At 30 September 2023 2,955 66,937 69,892

KEYSOE CUDDLE THERAPY CENTRE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Stocks

2024 18 months to 30 September 2023
£ £
Stocks 13,314 0
Total 13,314 0

KEYSOE CUDDLE THERAPY CENTRE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors

2024 18 months to 30 September 2023
£ £
Trade debtors 24,080 250
Other debtors 686,227 581,255
Total 710,307 581,505

KEYSOE CUDDLE THERAPY CENTRE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due within one year note

2024 18 months to 30 September 2023
£ £
Trade creditors 2,018 7,713
Other creditors 780,685 649,193
Total 782,703 656,906

KEYSOE CUDDLE THERAPY CENTRE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Off balance sheet arrangements

Members' liability - The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

COMMUNITY INTEREST ANNUAL REPORT

KEYSOE CUDDLE THERAPY CENTRE CIC

Company Number: 14034449 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Established in 2021, the Keysoe Cuddle Therapy Centre CIC is situated within Keysoe International, tucked away in the rural outskirts of North Bedfordshire. Home to 10 beautiful ponies – ranging in height, age and colour – all of our miniatures are fully trained animal- assisted therapy ponies, able to offer a kind and gentle approach to adults and children alike. We offer alternative education and therapy sessions to people around the UK, empowering them with a sense of purpose and a place where they feel safe, comfortable and able to truly express themselves. The list of beneficiaries includes but is not limited to; Care homes, hospices, SEN schools, mainstream schools, educational groups, veteran foundations, prison service and rehabilitation programmes, country fetes and fairs, individuals, general public and those in need.

Consultation with stakeholders

The company’s main stakeholders are residents from care homes, hospices which we visit and school of students with special needs. We always consult our stakeholders via email after each visit. So far, we have received a lot of positive feedback and suggestions, which has helped us to improve our services, including lower level fencing implemented to provide a barrier when we have people seated to protect feet.

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
25 June 2025

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