BRIDESTONES REWILDED CIC

Company limited by guarantee

Company Registration Number:
15308707 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 26 November 2023

End date: 31 December 2024

BRIDESTONES REWILDED CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BRIDESTONES REWILDED CIC

Balance sheet

As at 31 December 2024

Notes 13 months to 31 December 2024


£
Current assets
Cash at bank and in hand: 73,893
Total current assets: 73,893
Creditors: amounts falling due within one year: 3 ( 74,241 )
Net current assets (liabilities): (348)
Total assets less current liabilities: (348)
Total net assets (liabilities): (348)
Members' funds
Profit and loss account: (348)
Total members' funds: ( 348)

The notes form part of these financial statements

BRIDESTONES REWILDED CIC

Balance sheet statements

For the year ending 31 December 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 19 August 2025
and signed on behalf of the board by:

Name: Dr Paul Anthony Arak
Status: Director

The notes form part of these financial statements

BRIDESTONES REWILDED CIC

Notes to the Financial Statements

for the Period Ended 31 December 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 comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

BRIDESTONES REWILDED CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    13 months to 31 December 2024
    Average number of employees during the period 0

BRIDESTONES REWILDED CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Creditors: amounts falling due within one year note

13 months to 31 December 2024
£
Accruals and deferred income 70,641
Other creditors 3,600
Total 74,241

COMMUNITY INTEREST ANNUAL REPORT

BRIDESTONES REWILDED CIC

Company Number: 15308707 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

The company completed a business plan to acquire land at Bridestones Moor to establish a community-owned nature reserve. A crowdfunder was established, and grant applications were made to raise funds to purchase the land. Various fundraising events took place locally, including live music nights and an art auction. Over 100 volunteers joined the company to help in restoring and managing the site. Over 600 people from the local area contributed to the crowdfunder, and we secured support from several philanthropic lenders. The local community is very excited about the prospect of creating a local nature reserve that will be free to visit. It will offer many opportunities for education and other outdoor activities, with an emphasis on nature conservation. The site is a degraded blanket bog, but it has the potential to be restored by re-wetting the land. This will reduce the risk of wildfires and flooding in the valley below, which is presently a regular occurrence. Re-wetting the peatland habitat will lock in carbon, mitigating against climate change, and increase biodiversity for the community to enjoy. There will be other social impacts such as bringing people from diverse communities together to learn about nature, or take part in volunteering activities. We also plan to improve access to a broader range of people, including those with disabilities.

Consultation with stakeholders

The company's stakeholders include everyone in the local community with an interest in the site, whether they visit regularly or plan to do so in the future. Additionally, they include those who wish to contribute to the restoration efforts as volunteers or have made donations towards acquiring and managing the site for nature conservation. At the outset of the project, we consulted widely with the community. We carried out an online survey to find out how people currently use the site (e.g., walking, fell-running, birdwatching, etc.) and what they would like to see happen in the future. To date, 588 people from the local area have completed the survey form. The feedback was analyzed, and we found overwhelming support for the project. 1. 97% favour nature recovery and conservation efforts 2. 85% view the site as essential for mental health and well-being 3. 86% support outdoor learning and youth engagement We will continue to collaborate with local conservation groups, schools, and environmental organizations to maximize public involvement and education.

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
19 August 2025

And signed on behalf of the board by:
Name: Dr Paul Anthony Arak
Status: Director