THE WILD HUB CIC

Company limited by guarantee

Company Registration Number:
14421901 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

THE WILD HUB CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

THE WILD HUB CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 21,138 7,398
Cost of sales: ( 2,948 ) ( 1,337 )
Gross profit(or loss): 18,190 6,061
Administrative expenses: ( 20,996 ) ( 4,999 )
Operating profit(or loss): (2,806) 1,062
Profit(or loss) before tax: (2,806) 1,062
Profit(or loss) for the financial year: (2,806) 1,062

THE WILD HUB CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 879 1,033
Total fixed assets: 879 1,033
Current assets
Cash at bank and in hand: 5,412 13,796
Total current assets: 5,412 13,796
Creditors: amounts falling due within one year: 4 ( 8,035 ) ( 13,767 )
Net current assets (liabilities): (2,623) 29
Total assets less current liabilities: (1,744) 1,062
Total net assets (liabilities): (1,744) 1,062
Members' funds
Profit and loss account: (1,744) 1,062
Total members' funds: ( 1,744) 1,062

The notes form part of these financial statements

THE WILD HUB CIC

Balance sheet statements

For the year ending 31 October 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 18 April 2025
and signed on behalf of the board by:

Name: V HUGHES
Status: Director

The notes form part of these financial statements

THE WILD HUB CIC

Notes to the Financial Statements

for the Period Ended 31 October 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 receiveable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    15% reducing balance.

THE WILD HUB CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 0

THE WILD HUB CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 1,215 1,215
Additions
Disposals
Revaluations
Transfers
At 31 October 2024 1,215 1,215
Depreciation
At 1 November 2023 182 182
Charge for year 154 154
On disposals
Other adjustments
At 31 October 2024 336 336
Net book value
At 31 October 2024 879 879
At 31 October 2023 1,033 1,033

THE WILD HUB CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 2,243 360
Accruals and deferred income 5,792 13,407
Total 8,035 13,767

COMMUNITY INTEREST ANNUAL REPORT

THE WILD HUB CIC

Company Number: 14421901 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Over the past year, we have continued to deliver a varied programme of wellbeing activities to our community, supporting individuals of all ages through inclusive, creative, and nature-based sessions. These offerings aim to reduce social isolation, improve mental wellbeing, and empower participants with tools for self-care and personal growth. Our sessions include movement meditation, nature crafts ad gardening as well as community circles. These have provided valuable opportunities for community members to build friendships, increase confidence, and develop resilience. We are grateful to still be receiving funding support from the Norfolk Community Foundation, the National Lottery (Awards for All), and Norfolk County Council. This support has enabled us to continue delivering accessible and meaningful activities that have a direct and positive impact on mental health and emotional wellbeing within our local area

Consultation with stakeholders

The company's stakeholders are any individuals or groups of people, service-users of a charity or family or carers who the The Wild Hub CIC believes could benefit from engaging with our services, particularly those who have a health or support need. Further stakeholders in the company are funders such are grant awarders and commissioners, together with delivery partners and volunteers. The directors of the The Wild Hub CIC continue to be in contact with a wide range of people with diverse needs as well as organisations, charities and care-givers who support and provide care for these people.

Directors' remuneration

V Hughes and L Woodward were directors paid for work carried out on behalf of the company.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: V HUGHES
Status: Director