AGRICULTURAL AND RURAL CENTRE COMMUNITY INTEREST COMPANY

Company Registration Number:
07003228 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

AGRICULTURAL AND RURAL CENTRE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

AGRICULTURAL AND RURAL CENTRE COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 December 2022

Notes 2022 16 months to 31 December 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,462 4,190
Investments:   0 0
Total fixed assets: 2,462 4,190
Current assets
Debtors: 4 24,740 26,510
Cash at bank and in hand: 6,146 9,304
Total current assets: 30,886 35,814
Creditors: amounts falling due within one year: 5 ( 9,916 ) ( 15,720 )
Net current assets (liabilities): 20,970 20,094
Total assets less current liabilities: 23,432 24,284
Total net assets (liabilities): 23,432 24,284
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 23,430 24,282
Total Shareholders' funds: 23,432 24,284

The notes form part of these financial statements

AGRICULTURAL AND RURAL CENTRE COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 December 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.

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 30 September 2023
and signed on behalf of the board by:

Name: S R Forth
Status: Director

The notes form part of these financial statements

AGRICULTURAL AND RURAL CENTRE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

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

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery 33% on cost

    Other accounting policies

    TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.Current or deferred taxation assets and liabilities are not discounted.Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.Pension costs and other post-retirement benefitsThe company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

AGRICULTURAL AND RURAL CENTRE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 16 months to 31 December 2021
    Average number of employees during the period 6 7

AGRICULTURAL AND RURAL CENTRE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 62,531 62,531
Additions 694 694
Disposals
Revaluations
Transfers
At 31 December 2022 63,225 63,225
Depreciation
At 1 January 2022 58,341 58,341
Charge for year 2,422 2,422
On disposals
Other adjustments
At 31 December 2022 60,763 60,763
Net book value
At 31 December 2022 2,462 2,462
At 31 December 2021 4,190 4,190

AGRICULTURAL AND RURAL CENTRE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 16 months to 31 December 2021
£ £
Trade debtors 21,716 25,643
Other debtors 3,024 867
Total 24,740 26,510

AGRICULTURAL AND RURAL CENTRE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 16 months to 31 December 2021
£ £
Trade creditors 0 309
Taxation and social security 4,976 7,346
Other creditors 4,940 8,065
Total 9,916 15,720

COMMUNITY INTEREST ANNUAL REPORT

AGRICULTURAL AND RURAL CENTRE COMMUNITY INTEREST COMPANY

Company Number: 07003228 (England and Wales)

Year Ending: 31 December 2022

Company activities and impact

The Agricultural and Rural Centre cic was built from a spare 2.5 acre piece of land. The Centre enables adults and children with disabilities or who are disadvantaged in society to work on the land doing horticultural activities and working with farm related animals. Over the last twelve months, the company has benefited the local community by organising days where children with disabilities or special educational needs have undertaken educational activies to help them to re engage back into school. We have also organised volunteer days and open days, which have allowed all aspects of the community to come and help us build paddocks, vegetable beds, paths and much more. Over the last year, the company have rebuilt relationships with schools, colleges and centre's after Covid-19 pandemic. The company have done mobile farms, open days and community fun days on the farm.

Consultation with stakeholders

The company's stakehotders are members of the community who have disabilities or are disadvantaged in society. Residents of and visitors to the villlage are able to volunteer their time and skills to help our disabled participants. The ARC provides particular support to those children and young people who have struggled to reintegrate into the community and education since the Covid-19 pandemic.We have attended network days run by Stockport Council to let stakeholders discuss the company and also their carers and supporters. We also attended an information evenings with the Disability Stockport group to consult about our services.We have sent out leaflets and emails to the disability support services.We have created a website giving information about the CompanyAll our participants take part in feedback activities. We have relaunched our new website and have attended public information days and fun days as well as visiting schools, centre's and stakeholder events. We have adjusted our daily activities as a result of feedback from our consultations. We have also introduced new fundraising activities. We have extended our hours and have introduced a breakfast club after consultation feedback.

Directors' remuneration

Please refer to annual accounts.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 September 2023

And signed on behalf of the board by:
Name: S R Forth
Status: Director