CORNWALL GROWS CIC

Company limited by guarantee

Company Registration Number:
14097931 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 10 May 2022

End date: 31 May 2023

CORNWALL GROWS CIC

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CORNWALL GROWS CIC

Balance sheet

As at 31 May 2023

Notes 13 months to 31 May 2023


£
Fixed assets
Tangible assets: 3 832
Total fixed assets: 832
Current assets
Cash at bank and in hand: 889
Total current assets: 889
Net current assets (liabilities): 889
Total assets less current liabilities: 1,721
Total net assets (liabilities): 1,721
Members' funds
Profit and loss account: 1,721
Total members' funds: 1,721

The notes form part of these financial statements

CORNWALL GROWS CIC

Balance sheet statements

For the year ending 31 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.

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 8 February 2024
and signed on behalf of the board by:

Name: Miss Jessica Creasey
Status: Director

The notes form part of these financial statements

CORNWALL GROWS CIC

Notes to the Financial Statements

for the Period Ended 31 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

CORNWALL GROWS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    13 months to 31 May 2023
    Average number of employees during the period 3

CORNWALL GROWS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 82 750 832
Disposals
Revaluations
Transfers
At 31 May 2023 82 750 832
Depreciation
Charge for year
On disposals
Other adjustments
At 31 May 2023
Net book value
At 31 May 2023 82 750 832

COMMUNITY INTEREST ANNUAL REPORT

CORNWALL GROWS CIC

Company Number: 14097931 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

The company creates community growing spaces to promote health and mental well being through growing and teaching to grow edibles. The first growing space has been created in a local school and now provides an open air class room in which the company runs courses for schools and the general public. Surplus produce is shared out to community larders and food bank with a proportion sold to local business' for income to put back into the community garden.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £1,200.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.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
8 February 2024

And signed on behalf of the board by:
Name: Jessica Creasey
Status: Director