FIAT VITA CIC

Company limited by guarantee

Company Registration Number:
11063308 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2022

Period of accounts

Start date: 1 December 2021

End date: 30 November 2022

FIAT VITA CIC

Contents of the Financial Statements

for the Period Ended 30 November 2022

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

FIAT VITA CIC

Directors' report period ended 30 November 2022

The directors present their report with the financial statements of the company for the period ended 30 November 2022

Principal activities of the company

Selling Food products via Market Stalls



Directors

The director shown below has held office during the whole of the period from
1 December 2021 to 30 November 2022

Charles Tebbutt


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
28 November 2023

And signed on behalf of the board by:
Name: Charles Tebbutt
Status: Director

FIAT VITA CIC

Profit And Loss Account

for the Period Ended 30 November 2022

2022 2021


£

£
Turnover: 0 346,676
Cost of sales: ( 22,953 ) ( 230,463 )
Gross profit(or loss): (22,953) 116,213
Distribution costs: ( 148 )
Administrative expenses: ( 6,246 ) ( 139,107 )
Other operating income: 17,350
Operating profit(or loss): (29,199) (5,692)
Profit(or loss) before tax: (29,199) (5,692)
Profit(or loss) for the financial year: (29,199) (5,692)

FIAT VITA CIC

Balance sheet

As at 30 November 2022

Notes 2022 2021


£

£
Current assets
Stocks: 3 5,000
Cash at bank and in hand: 1,000 5,933
Total current assets: 1,000 10,933
Net current assets (liabilities): 1,000 10,933
Total assets less current liabilities: 1,000 10,933
Total net assets (liabilities): 1,000 10,933
Members' funds
Profit and loss account: 1,000 10,933
Total members' funds: 1,000 10,933

The notes form part of these financial statements

FIAT VITA CIC

Balance sheet statements

For the year ending 30 November 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 28 November 2023
and signed on behalf of the board by:

Name: Charles Tebbutt
Status: Director

The notes form part of these financial statements

FIAT VITA CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

FIAT VITA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 3 5

FIAT VITA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

3. Stocks

2022 2021
£ £
Stocks 5,000
Total   5,000

COMMUNITY INTEREST ANNUAL REPORT

FIAT VITA CIC

Company Number: 11063308 (England and Wales)

Year Ending: 30 November 2022

Company activities and impact

The company has expanded the trade in nuts to enable tenancies on cobnutorchards in Kent. These orchards will be used as test beds for best practice.The company worked with 2 different farmers to establish alley croppingsystems, the work is ongoing and aiming for planting in Winter.The company has established a partnership with a producer in Kent as part ofongoing work to ensure the continuation of existing nut farming. This with thespecific aim of sustaining rural economies and updating current practice tomake them economically viable.Supply side– aside from our farms, formalise extra cobnut supplies by working with existing growers diversify and secure supply chain. This gives security to expand NPD.Create a new best in practice nut shelling facility for all British nut producers to use. This capacity will be a pivotal addition enabling further agroforestry expansion in the UK. Extend relationships across the nut producing world to offer nut processing service; professionalizing the farm to table process, vastly reducing waste, and ultimately improve quality of final product.

Consultation with stakeholders

Gilian Jones as Chair of the Kentish Cobnut Association has been a mainstakeholder in the work of the CIC as we purchase and process her wholecrop. Both as a producer herself, and through her position as chair, she has ainterest in establishing the growers group.

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
28 November 2023

And signed on behalf of the board by:
Name: Charles Tebbutt
Status: Director