THE OLD FARM BUS CIC

Company limited by guarantee

Company Registration Number:
12439462 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

THE OLD FARM BUS CIC

Contents of the Financial Statements

for the Period Ended 28 February 2023

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

THE OLD FARM BUS CIC

Profit And Loss Account

for the Period Ended 28 February 2023

2023 2022


£

£
Turnover: 69,644 19,995
Cost of sales: ( 54,260 ) ( 6,391 )
Gross profit(or loss): 15,384 13,604
Distribution costs: 0 0
Administrative expenses: ( 17,141 ) ( 11,233 )
Other operating income: 2,115 0
Operating profit(or loss): 358 2,371
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 358 2,371
Tax: 0 0
Profit(or loss) for the financial year: 358 2,371

THE OLD FARM BUS CIC

Balance sheet

As at 28 February 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 15,136 14,311
Investments:   0 0
Total fixed assets: 15,136 14,311
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 74 415
Investments:   0 0
Total current assets: 74 415
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 996 ) 0
Net current assets (liabilities): (922) 415
Total assets less current liabilities: 14,214 14,726
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 14,214 14,726
Members' funds
Profit and loss account: 14,214 14,726
Total members' funds: 14,214 14,726

The notes form part of these financial statements

THE OLD FARM BUS CIC

Balance sheet statements

For the year ending 28 February 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.

This report was approved by the board of directors on 29 November 2023
and signed on behalf of the board by:

Name: Christina Giljohann
Status: Director

The notes form part of these financial statements

THE OLD FARM BUS CIC

Notes to the Financial Statements

for the Period Ended 28 February 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

THE OLD FARM BUS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 0

THE OLD FARM BUS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2022 1,760 0 6,240 3,000 9,216 20,216
Additions 4,470 0 720 0 0 5,190
Disposals 0 0 ( 1,500 ) 0 0 ( 1,500 )
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 28 February 2023 6,230 0 5,460 3,000 9,216 23,906
Depreciation
At 1 March 2022 352 0 1,548 2,000 2,005 5,905
Charge for year 176 0 1,083 1,000 1,205 3,464
On disposals 0 0 ( 600 ) 0 0 ( 600 )
Other adjustments 0 0 0 0 1 1
At 28 February 2023 528 0 2,031 3,000 3,211 8,770
Net book value
At 28 February 2023 5,702 0 3,429 0 6,005 15,136
At 28 February 2022 1,408 0 4,692 1,000 7,211 14,311

THE OLD FARM BUS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 996 0
Total 996 0

THE OLD FARM BUS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Loans to directors

Name of director receiving advance or credit: Christina Giljohann
Description of the transaction:
core running costs
£
Balance at 28 February 2022
Advances or credits made: 996
Advances or credits repaid:
Balance at 28 February 2023 996

COMMUNITY INTEREST ANNUAL REPORT

THE OLD FARM BUS CIC

Company Number: 12439462 (England and Wales)

Year Ending: 28 February 2023

Company activities and impact

The Old farm Bus offers a wide range of community activities that are available to 0-17 year olds. we have been very much supported by our town council and reach 70 young adults a week all year round. we offer three weekly baby mornings that help to strengthen our community and offer support for parents and children a like. we have a board of Directors that are very supportive of the work we do and we work with a brilliant group of freelance artists to deliver our workshops. the workshops are on a whole free to attend and offer in depth skills and creative projects to get involved with.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

MICHAEL MARKHAM RECEIVED = £29956.71 LESS £15,558.89 LOAN REPAYMENTS TOTAL :£14397.82CHRISTINA GILJOHANN RECEIVED= £4811.87 DRAWINGS TAKEN TOTAL: £868.85

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: Christina giljohann
Status: Director