LOCAL SUSTAINABLE CIC

Company limited by guarantee

Company Registration Number:
12853608 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

LOCAL SUSTAINABLE CIC

Contents of the Financial Statements

for the Period Ended 30 September 2023

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

LOCAL SUSTAINABLE CIC

Directors' report period ended 30 September 2023

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

Principal activities of the company

Local Sustainable CIC will develop an exemplary small scale, intensive smallholding to supply produce to the community while providing educational programmes in sustainable growing methods and all related activities.



Directors

The directors shown below have held office during the whole of the period from
1 October 2022 to 30 September 2023

Stephen King
Anna Richardson


The director shown below has held office during the period of
1 October 2022 to 2 September 2023

Kira Orsak


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 February 2024

And signed on behalf of the board by:
Name: Stephen King
Status: Director

LOCAL SUSTAINABLE CIC

Profit And Loss Account

for the Period Ended 30 September 2023

2023 2022


£

£
Turnover: 19,243 28,926
Gross profit(or loss): 19,243 28,926
Administrative expenses: ( 18,056 ) ( 29,791 )
Operating profit(or loss): 1,187 (865)
Profit(or loss) before tax: 1,187 (865)
Profit(or loss) for the financial year: 1,187 (865)

LOCAL SUSTAINABLE CIC

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 910 18,983
Total current assets: 910 18,983
Net current assets (liabilities): 910 18,983
Total assets less current liabilities: 910 18,983
Accruals and deferred income: ( 1,145 ) ( 20,405 )
Total net assets (liabilities): (235) (1,422)
Members' funds
Profit and loss account: (235) ( 1,422)
Total members' funds: ( 235) (1,422)

The notes form part of these financial statements

LOCAL SUSTAINABLE CIC

Balance sheet statements

For the year ending 30 September 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 February 2024
and signed on behalf of the board by:

Name: Stephen King
Status: Director

The notes form part of these financial statements

LOCAL SUSTAINABLE CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

LOCAL SUSTAINABLE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

LOCAL SUSTAINABLE CIC

Company Number: 12853608 (England and Wales)

Year Ending: 30 September 2023

Company activities and impact

Local Sustainable CIC has benefitted the community through enabling opportunities for members to enjoy access to Spring RiseCommunity Gardens for ongoing land-based learning opportunities, open days, celebrations, workshops, workdays and culturalevents. The activities on the land have not only provided rich educational opportunities, but have also brought all ages together,serving as a growth point and spring-board for collaboration and initiative taking between members to further inspire ways of livingand working more locally and sustainably. Activities which have taken place at Spring Rise have included:-a weekly homesteadinggroup for children -weekly tending sessions on the land (vegetable garden, forest garden, tree nursery)-regular workshops on thetheme of local and sustainable food, craft and culture.-tree choir -local and sustainable building projects with youth and volunteers-aharvest festival, comprised of local and sustainable food, workshops and activities provided by community members-children's craftactivities in collaboration with Tablehurst Farm's lambing day events.

Consultation with stakeholders

The company's stakeholders are primarily residents of the Forest Row area and surrounds. The directors of the company have lived inthe Forest Row area for many years, and have discovered that a local, land-based learning space was high in demand for many like-minded initiatives to do their work. As a result, Spring Rise has become a hub of educational opportunities and cross pollinationbetween people and projects, all with the aim of supporting the furthering of our local and sustainable Forest Row community in theirmultitude of ways. Spring Rise Community Gardens grows and adapts with the needs of our multi-generational community, shiningas an example of the emerging future taking root. There is continuous consultation with stakeholders, which shapes and directs thecourse of action.

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 February 2024

And signed on behalf of the board by:
Name: Stephen King
Status: Director