for the Period Ended 31 October 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 October 2025
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 November 2024
to
31 October 2025
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2025 | 2024 | |
|---|---|---|
|
|
£ |
£ |
| Turnover: |
|
|
| Cost of sales: |
|
|
| Gross profit(or loss): |
|
|
| Distribution costs: |
|
|
| Administrative expenses: |
(
|
|
| Other operating income: |
|
|
| Operating profit(or loss): |
( |
|
| Interest receivable and similar income: |
|
|
| Interest payable and similar charges: |
|
|
| Profit(or loss) before tax: |
( |
|
| Tax: |
|
|
| Profit(or loss) for the financial year: |
( |
|
As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Fixed assets | |||
| Intangible assets: |
|
|
|
| Tangible assets: |
|
|
|
| Investments: |
|
|
|
| Total fixed assets: |
|
|
|
| Current assets | |||
| Stocks: |
|
|
|
| Debtors: |
|
|
|
| Cash at bank and in hand: |
|
|
|
| Investments: |
|
|
|
| Total current assets: |
|
|
|
| Prepayments and accrued income: |
|
|
|
| Creditors: amounts falling due within one year: |
|
|
|
| Net current assets (liabilities): |
|
|
|
| Total assets less current liabilities: |
|
|
|
| Creditors: amounts falling due after more than one year: |
|
|
|
| Provision for liabilities: |
|
|
|
| Accruals and deferred income: |
|
|
|
| Total net assets (liabilities): |
|
|
|
| Members' funds | |||
| Profit and loss account: |
|
|
|
| Total members' funds: |
|
|
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 October 2025
Basis of measurement and preparation
for the Period Ended 31 October 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
|
|
During the financial year, HYPPANIE ESSENCE & FELT CIC continued to develop its environmental and community-focused activities centred on the reuse of human hair as a natural resource for environmental protection. The company produced and sold its first handmade human hair mats, designed to absorb oil pollution and improve water retention in gardens. Income generated during the year was modest and was reinvested into developing the project and maintaining the company's online presence. The company also continued to build partnerships and raise awareness of sustainable practices through networking, research and engagement with community organisations. Preparatory work was undertaken to establish future educational workshops, volunteer opportunities and collaborations that will encourage environmental responsibility, reduce waste sent to landfill and support local communities. Although trading activity during the year was limited, the company made meaningful progress towards its long-term community interest objectives by developing practical environmental solutions, increasing public awareness of circular economy principles and laying the foundations for future community projects.
During the financial year, the company engaged informally with a range of stakeholders to help shape its activities and future direction. These included local gardeners, members of the public, environmental organisations, salons donating human hair, and potential customers interested in sustainable products. Feedback was sought on the practical use of human hair mats for gardening, water conservation and environmental protection. The company also maintained contact with Matter of Trust, an international organisation promoting the environmental reuse of human hair, to support the development of best practice and future collaboration. Networking with local organisations and community groups helped identify opportunities for future workshops, volunteering and educational activities focused on sustainability, waste reduction and the circular economy. Feedback from these conversations has informed the company's plans for future community projects and product development.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
14 July 2026
And signed on behalf of the board by:
Name: Stephanie Crechriou
Status: Director