HOMEGROWN CARE FARM CIC

Company limited by guarantee

Company Registration Number:
10773584 (England and Wales)

Unaudited statutory accounts for the year ended 30 May 2023

Period of accounts

Start date: 31 May 2022

End date: 30 May 2023

HOMEGROWN CARE FARM CIC

Contents of the Financial Statements

for the Period Ended 30 May 2023

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

HOMEGROWN CARE FARM CIC

Directors' report period ended 30 May 2023

The directors present their report with the financial statements of the company for the period ended 30 May 2023

Directors

The directors shown below have held office during the whole of the period from
31 May 2022 to 30 May 2023

Andrew Millard
Julie Millard
Darren Drage
Fiona Louise Neale


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
26 January 2024

And signed on behalf of the board by:
Name: Andrew Millard
Status: Director

HOMEGROWN CARE FARM CIC

Profit And Loss Account

for the Period Ended 30 May 2023

2023 2022


£

£
Turnover: 76,264 93,128
Cost of sales: ( 67,373 ) ( 60,566 )
Gross profit(or loss): 8,891 32,562
Administrative expenses: ( 43,602 ) ( 27,514 )
Operating profit(or loss): (34,711) 5,048
Interest receivable and similar income: 1
Profit(or loss) before tax: (34,711) 5,049
Profit(or loss) for the financial year: (34,711) 5,049

HOMEGROWN CARE FARM CIC

Balance sheet

As at 30 May 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 17,470 34,388
Total fixed assets: 17,470 34,388
Current assets
Stocks: 4 1,826 1,826
Debtors: 5 8,988 20,519
Cash at bank and in hand: 1,571 2,414
Total current assets: 12,385 24,759
Creditors: amounts falling due within one year: 6 ( 58,367 ) ( 48,798 )
Net current assets (liabilities): (45,982) (24,039)
Total assets less current liabilities: (28,512) 10,349
Creditors: amounts falling due after more than one year: 7 ( 7,626 ) ( 10,876 )
Accruals and deferred income: ( 900 )
Total net assets (liabilities): (36,138) (1,427)
Members' funds
Profit and loss account: (36,138) ( 1,427)
Total members' funds: ( 36,138) (1,427)

The notes form part of these financial statements

HOMEGROWN CARE FARM CIC

Balance sheet statements

For the year ending 30 May 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 26 January 2024
and signed on behalf of the board by:

Name: Andrew Millard
Status: Director

The notes form part of these financial statements

HOMEGROWN CARE FARM CIC

Notes to the Financial Statements

for the Period Ended 30 May 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

HOMEGROWN CARE FARM CIC

Notes to the Financial Statements

for the Period Ended 30 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 1

HOMEGROWN CARE FARM CIC

Notes to the Financial Statements

for the Period Ended 30 May 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 31 May 2022 78,557 0 78,557
Additions 1,557 208 1,765
Disposals
Revaluations
Transfers
At 30 May 2023 80,114 208 80,322
Depreciation
At 31 May 2022 44,169 0 44,169
Charge for year 18,631 52 18,683
On disposals
Other adjustments
At 30 May 2023 62,800 52 62,852
Net book value
At 30 May 2023 17,314 156 17,470
At 30 May 2022 34,388 0 34,388

HOMEGROWN CARE FARM CIC

Notes to the Financial Statements

for the Period Ended 30 May 2023

4. Stocks

2023 2022
£ £
Stocks 1,826 1,826
Total 1,826 1,826

HOMEGROWN CARE FARM CIC

Notes to the Financial Statements

for the Period Ended 30 May 2023

5. Debtors

2023 2022
£ £
Trade debtors 8,988 20,519
Total 8,988 20,519

HOMEGROWN CARE FARM CIC

Notes to the Financial Statements

for the Period Ended 30 May 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 3,000 3,000
Trade creditors 2,519 2,297
Taxation and social security 3,202 2,837
Other creditors 49,646 40,664
Total 58,367 48,798

HOMEGROWN CARE FARM CIC

Notes to the Financial Statements

for the Period Ended 30 May 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 7,626 10,876
Total 7,626 10,876

COMMUNITY INTEREST ANNUAL REPORT

HOMEGROWN CARE FARM CIC

Company Number: 10773584 (England and Wales)

Year Ending: 30 May 2023

Company activities and impact

The CIC enables students to join in with daily routines of farming life and give them the opportunity to learn about animals and how to care for them.They can also try their hand at horticulture, growing vegetables and salad, to feed the animals. This enables them to gain confidence and learn valuable life lessons and skills necessary to move o confidently into the voluntary sector society. We hope that some of the young people would then like to stay and work with us giving benefit to people of all ages and abilities from the local area by offering them the opportunity to visit the farm and have an educated, interactive experience with farm animals.The CIC enables us to use our mobile education farm and our animals to visit mainstream/SEN schools to give therapy/education to disadvantaged, pupil premium, SEN and mainstream children/young adults.We also visit Dementia homes, care homes, nurseries, pre-schools and clubs/groups.

Consultation with stakeholders

No consultation with stakeholders

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
26 January 2024

And signed on behalf of the board by:
Name: Andrew Millard
Status: Director