DB GARDENS GROW AND FLOURISH COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
12004870 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2022

Period of accounts

Start date: 1 June 2021

End date: 31 May 2022

DB GARDENS GROW AND FLOURISH COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 May 2022

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

DB GARDENS GROW AND FLOURISH COMMUNITY INTEREST COMPANY

Directors' report period ended 31 May 2022

The directors present their report with the financial statements of the company for the period ended 31 May 2022

Directors

The directors shown below have held office during the whole of the period from
1 June 2021 to 31 May 2022

Rebecca Slate
Derek Bradshaw


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
18 August 2022

And signed on behalf of the board by:
Name: Rebecca Slate
Status: Director

DB GARDENS GROW AND FLOURISH COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 May 2022

2022 2021


£

£
Turnover: 10,241 6,200
Cost of sales: ( 6,906 ) ( 1,350 )
Gross profit(or loss): 3,335 4,850
Administrative expenses: ( 2,552 ) ( 180 )
Operating profit(or loss): 783 4,670
Profit(or loss) before tax: 783 4,670
Tax: ( 352 )
Profit(or loss) for the financial year: 431 4,670

DB GARDENS GROW AND FLOURISH COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 May 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 3,600 4,800
Total fixed assets: 3,600 4,800
Current assets
Cash at bank and in hand: 12,429 6,200
Total current assets: 12,429 6,200
Net current assets (liabilities): 12,429 6,200
Total assets less current liabilities: 16,029 11,000
Creditors: amounts falling due after more than one year: 4 ( 10,928 ) ( 6,330 )
Total net assets (liabilities): 5,101 4,670
Members' funds
Profit and loss account: 5,101 4,670
Total members' funds: 5,101 4,670

The notes form part of these financial statements

DB GARDENS GROW AND FLOURISH COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 May 2022 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 August 2022
and signed on behalf of the board by:

Name: Rebecca Slate
Status: Director

The notes form part of these financial statements

DB GARDENS GROW AND FLOURISH COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2022

  • 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. Turnover includes revenueearned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similarallowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at ratescalculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:Plant & Machinery 5 Year SL

    Other accounting policies

    TaxationIncome tax expense represents the sum of the tax currently payable and deferred tax.The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensiveincome because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. Thecompany's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and thecorresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences.Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will beavailable against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of eachreporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the assetto be recovered.Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the assetrealised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilitiesare presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect thetax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle thecarrying amount of its assets and liabilities.Current or deferred tax for the year is recognised in surplus or deficit, except when they related to items that are recognised in other comprehensiveincome or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equityrespectively.

DB GARDENS GROW AND FLOURISH COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 2 2

DB GARDENS GROW AND FLOURISH COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2021 6,000 6,000
Additions
Disposals
Revaluations
Transfers
At 31 May 2022 6,000 6,000
Depreciation
At 1 June 2021 1,200 1,200
Charge for year 1,200 1,200
On disposals
Other adjustments
At 31 May 2022 2,400 2,400
Net book value
At 31 May 2022 3,600 3,600
At 31 May 2021 4,800 4,800

DB GARDENS GROW AND FLOURISH COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2022

4. Creditors: amounts falling due after more than one year note

2022 2021
£ £
Other creditors 10,928 6,330
Total 10,928 6,330

COMMUNITY INTEREST ANNUAL REPORT

DB GARDENS GROW AND FLOURISH COMMUNITY INTEREST COMPANY

Company Number: 12004870 (England and Wales)

Year Ending: 31 May 2022

Company activities and impact

DB Gardens Grow and Flourish Community Interest Company is dedicated to bringing horticultural activities to people within the local community.In the past year we have built a community garden on the site. We have run 3, 10 week horticultural courses for veterans and their families with our partners at Curzon Ashton Foundation, in the Community garden on site.We have also undertaken a weekly project working with educationally and socially disadvantaged children.We are currently running a horticultural project for recently arrived Afghan refugees. This is weekly and involves all family members should they be able to attend.The aim of these projects has been to develop people’s horticultural skills whilst growing fruit, vegetables and ornamental plants.All the produce grown during these activities has been taken by course participants, donated to the local homeless shelter and given to a local “pay what you can” community Cafe

Consultation with stakeholders

The companies’ stakeholders are those that attend the projects on site. There has been consultation with the veterans who attended the course. This has been conducted via a feedback form with our partners Curzon Ashton Foundation, they are the lead on the veteran’s project. Following on from this, changes have been made to ensure that all participants can experience growing different types of vegetables from seed until cropping

Directors' remuneration

Total directors renumeration was £1400. This was paid to the directors for their time spent on the projects.25th February 2022 £20030th March 2022 £40030th April 2022 £40030th May 2022 £400

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
18 August 2022

And signed on behalf of the board by:
Name: Rebecca Slate
Status: Director