FOG LANE PARK CAFE CIC

Company limited by guarantee

Company Registration Number:
13849834 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 14 January 2022

End date: 31 January 2023

FOG LANE PARK CAFE CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

FOG LANE PARK CAFE CIC

Balance sheet

As at 31 January 2023

Notes 13 months to 31 January 2023


£
Current assets
Cash at bank and in hand: 297
Total current assets: 297
Creditors: amounts falling due within one year: 3 ( 9,544 )
Net current assets (liabilities): (9,247)
Total assets less current liabilities: (9,247)
Total net assets (liabilities): (9,247)
Members' funds
Profit and loss account: (9,247)
Total members' funds: ( 9,247)

The notes form part of these financial statements

FOG LANE PARK CAFE CIC

Balance sheet statements

For the year ending 31 January 2023 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 11 October 2023
and signed on behalf of the board by:

Name: Mark Brennan
Status: Director

The notes form part of these financial statements

FOG LANE PARK CAFE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 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, net of Value Added Tax and trade discounts.

FOG LANE PARK CAFE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    13 months to 31 January 2023
    Average number of employees during the period 6

FOG LANE PARK CAFE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Creditors: amounts falling due within one year note

13 months to 31 January 2023
£
Accruals and deferred income 1,629
Other creditors 7,915
Total 9,544

COMMUNITY INTEREST ANNUAL REPORT

FOG LANE PARK CAFE CIC

Company Number: 13849834 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

The company runs Fog Lane Park Cafe, a cafe in Fog Lane Park, Manchester with a particular emphasis on being a local hub that offers affordable and healthy locally produced food and refreshments to park users. The cafe opened for business in January 2022. During the financial year 2022-2023, the cafes activities have benefited the community in the following ways:- Local residents have had a place to use and enjoy in their local green space, this in turn encourages people to use the park and it's facilities.- Groups and charities have had a free space to hold meetings and activities. - The cafe has provided full-time or part-time employment for 4 local residents.- We organised holiday activities for a broad range of children in each school holiday period through Art Clubs & Sports Clubs.- The cafe provides toilets for park users. - We are constantly contributing to the park being a more welcoming place. Examples are working with the Friends group on monthly litter picks and with the local council to paint fences and seating around the park.- We have helped to encourage people into the park for enjoyment and recreation through events such as local choirs singing & performing.

Consultation with stakeholders

The company’s stakeholders are park users and visitors to the cafe. We held informal meetings for locals to provide feedback on everything from service to opening hours. Over the year we have extended opening hours gradually from weekends only to now operating every day.The directors of the company have lived locally for a number of years and developed the business model for the cafe based on their experience of talking to other residents both in person and taking online opinions on community Facebook pages.We have forms in the cafe for local community groups to enquireabout using the space. This has led to numerous activities including hosting classes for rehomed Ukrainian families to learn English and providing free books as part of Manchester Library Trail.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £6,801.73.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 October 2023

And signed on behalf of the board by:
Name: Mark Brennan
Status: Director