for the Period Ended 31 March 2023
Directors report | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2023
Directors
The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023
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
And signed on behalf of the board by:
Name:
Status: Director
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Intangible assets: | | | |
Tangible assets: | 3 | | |
Investments: | | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | | | |
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Investments: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | ( | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | | | |
Provision for liabilities: | | | |
Accruals and deferred income: | | | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2023
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 March 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 April 2022 | | | | | | |
Additions | | | | | | |
Disposals | | | | | | |
Revaluations | | | | | | |
Transfers | | | | | | |
At 31 March 2023 | | | | | | |
Depreciation | ||||||
At 1 April 2022 | | | | | | |
Charge for year | | | | | | |
On disposals | | | | | | |
Other adjustments | | | | | | |
At 31 March 2023 | | | | | | |
Net book value | ||||||
At 31 March 2023 | | | | | | |
At 31 March 2022 | | | | | | |
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Other debtors | | |
Total | | |
Debtors due after more than one year: | | |
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Amounts due under finance leases and hire purchase contracts | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 31 March 2023
Name of director receiving advance or credit: | |
Description of the transaction: | |
| |
£ | |
---|---|
Balance at 31 March 2022 | |
Advances or credits made: | |
Advances or credits repaid: | |
Balance at 31 March 2023 | |
Teign Greens has continued to supply the local Teign Valley community with affordable, locally grown organic vegetables as an ethical, local and dependable alternative to the supermarket. During this period, the number of subscribing member households rose from approximately 70 to 85 across our four local collection hubs, meaning more local people eating nutritious and sustainably produced local veg every week, promoting health, reducing food miles and helping create a resilient local food system in the valley.Funded by the National Lottery, our volunteering programme has continued, welcoming around 10 regular volunteers to the farm every week to learn about growing and benefit from working on the land. We also introduced monthly Saturday morning volunteer sessions, which have enabled different people to join in such as working families with their children. We hosted residential volunteers who spent time learning growing skills and benefiting from doing meaningful, rewarding work outside with others. As part of the Kickstart Programme, we employed two young unemployed people, developing their growing and employability skills, until this programme came to an end. We also took on another two seasonal trainees who were trained on how to run a veg box scheme and grow sustainable veg. They plan to go on to set up their own similar projects. We’ve hosted tours and talks to groups of visiting young people on the On the Hill programme, and visiting growers at Schumacher College and The Apricot Centre. We’ve also run free open days and farm tours for the local community. Well over a hundred people have benefited from working on the land and learnt about what Teign Greens does. We still grow with better than organic methods, promoting biodiversity through our tree alleys, green manures and wildflowers strips. Funded by the Halleria Trust, we now cultivate many of our crops with a BCS pedestrian tractor, which has less impact on the soil than a tractor, promoting soil health and biodiversity. We started work on an irrigation system funded by Southwest Water which will reduce our reliance on mains water. Teign Greens continues to partner with the Teign Valley Larder and Chudfridge, reducing food waste and food poverty in the valley by donating surplus or grade out veg and members veg bags whilst on holiday every week, meaning there was virtually no wasted veg in our system. We also supplied local businesses such as Embercombe and Shipwrecked Seafood, reducing food miles.
Teign Green’s stakeholders are members of the local community who sign up to the vegetable box scheme, those who volunteer to help with the growing and local partners such as the Teign Valley Larder. All Teign Greens members were invited to complete a detailed anonymous survey in November 2022, and 72% participated. This informed the veg growing for the 23-24 season, and also the timing and format of open days and volunteering opportunities. Volunteers and members are also regularly consulted face to face whilst volunteering at the farm or at collection time. Meetings are regularly held with community partners such as Oxen Park Farm, On the Hill and the Teign Valley Larder. Teign Greens is well known in the local community, sending out weekly email newsletters and monthly contributions to the parish magazine with our contact information. Feedback has largely been very positive, and the team have adapted practice in line with constructive feedback wherever possible.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £23,936.31.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.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
18 December 2023
And signed on behalf of the board by:
Name: Holly Budgen
Status: Director