GREENHOUSE COMMUNITY TRAINING CIC

Company Registration Number:
SC705870 (Scotland)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

GREENHOUSE COMMUNITY TRAINING CIC

Contents of the Financial Statements

for the Period Ended 31 August 2023

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

GREENHOUSE COMMUNITY TRAINING CIC

Directors' report period ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Principal activities of the company

Community interest cafe



Directors

The director shown below has held office during the whole of the period from
1 September 2022 to 31 August 2023

Steven Julian Jacobs


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
18 December 2023

And signed on behalf of the board by:
Name: Steven Julian Jacobs
Status: Director

GREENHOUSE COMMUNITY TRAINING CIC

Profit And Loss Account

for the Period Ended 31 August 2023

2023 13 months to 31 August 2022


£

£
Turnover: 501,201 81,424
Cost of sales: ( 385,028 ) ( 68,500 )
Gross profit(or loss): 116,173 12,924
Distribution costs: 0
Administrative expenses: ( 84,771 ) ( 24,445 )
Other operating income: 11,800
Operating profit(or loss): 31,402 279
Interest payable and similar charges: ( 71 )
Profit(or loss) before tax: 31,331 279
Tax: ( 5,669 ) ( 53 )
Profit(or loss) for the financial year: 25,662 226

GREENHOUSE COMMUNITY TRAINING CIC

Balance sheet

As at 31 August 2023

Notes 2023 13 months to 31 August 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,567 0
Investments:   0 0
Total fixed assets: 1,567 0
Current assets
Stocks: 4 8,015 2,504
Debtors: 5 42,399 26,842
Cash at bank and in hand: 54,322 0
Total current assets: 104,736 29,346
Creditors: amounts falling due within one year: 6 ( 80,414 ) ( 29,119 )
Net current assets (liabilities): 24,322 227
Total assets less current liabilities: 25,889 227
Total net assets (liabilities): 25,889 227
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 25,888 226
Total Shareholders' funds: 25,889 227

The notes form part of these financial statements

GREENHOUSE COMMUNITY TRAINING CIC

Balance sheet statements

For the year ending 31 August 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 18 December 2023
and signed on behalf of the board by:

Name: Steven Julian Jacobs
Status: Director

The notes form part of these financial statements

GREENHOUSE COMMUNITY TRAINING CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

GREENHOUSE COMMUNITY TRAINING CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 13 months to 31 August 2022
    Average number of employees during the period 7 8

GREENHOUSE COMMUNITY TRAINING CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 0 0
Additions 2,090 2,090
Disposals
Revaluations
Transfers
At 31 August 2023 2,090 2,090
Depreciation
At 1 September 2022 0 0
Charge for year 523 523
On disposals
Other adjustments
At 31 August 2023 523 523
Net book value
At 31 August 2023 1,567 1,567
At 31 August 2022 0 0

GREENHOUSE COMMUNITY TRAINING CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Stocks

2023 13 months to 31 August 2022
£ £
Stocks 8,015 2,504
Total 8,015 2,504

GREENHOUSE COMMUNITY TRAINING CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Debtors

2023 13 months to 31 August 2022
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 42,399 26,842
Total 42,399 26,842

GREENHOUSE COMMUNITY TRAINING CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due within one year note

2023 13 months to 31 August 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 6,052 2,487
Taxation and social security 42,375 3,585
Accruals and deferred income 18,047 12,816
Other creditors 13,940 10,231
Total 80,414 29,119

COMMUNITY INTEREST ANNUAL REPORT

GREENHOUSE COMMUNITY TRAINING CIC

Company Number: SC705870 (Scotland)

Year Ending: 31 August 2023

Company activities and impact

Greenhouse Community Training CIC (Greenhouse) is a community interest company that serves to better the opportunities presented to individuals with learning difficulties. By partnering with local government, we are able to create a controlled enterprise environment where trainees can learn the necessary employability skills in order to gain future long-term employment.We believe that the combination of enterprise, training, and partnership with local government and employers produces a robust offering that has, until now, not been available in communities around the country.Through strong partnerships with local government and other local and national employers, we are able to continually assess the progression of our trainees. We believe that regular communications with all relevant stakeholders is vital for trainees in their pursuit of success and employment. This is why we regularly follow up with individuals on employment placements and offer help and assistance to employers wherever possible.Enterprise: With every project we take part in, it is vital that it is underpinned by strong enterprise. By building projects around feasible business models, we are able to assure the survival of our organisation and ultimately continue achieving our core aims. The benefit of structuring our organisation in this way means that we do not rely on external funding as much as other community interest companies or social enterprises. A more lean attitude to perpetual funding gives Greenhouse a greater opportunity to expand our projects rapidly and also to be flexible with our training programs.Training: At the heart of Greenhouse is our emphasis on robust and relevant training. The majority of our staff members have a coaching or teaching background, and are well equipped to tailor their approach according to each trainee and their requirements. Our employability program seeks to give individuals with learning difficulties a broad range of skills that will eventually allow them to undertake permanent employment. We regularly monitor and report on trainees’ progress, which further strengthens each individual’s confidence in their own abilities. Partnership: Partnerships are key to the success of our organisation. A strong relationship with relevant stakeholders allows Greenhouse to create a broad network of like-minded individuals and institutions that can mutually benefit from our projects and activities. For local councils and charities, we offer a comprehensive service that drives social enterprise into all areas of business and creates training and employment opportunities for the community. For SME’s and national employers, we seek meaningful partnerships that can offer Greenhouse trainees further experience and employment.

Consultation with stakeholders

We are in constant contact with many of our stakeholders, which include, but are not limited to: local government, charity and care organisations, carers, other CIC companies, local employers, parents and guardians.As part of our operating practices, we regularly consult with local government and social care staff: all of our trainees go through a well-documented training program where communication with all relevant stakeholders is a necessity.We also gain great understanding from feedback given to us by regular customers of our catering provisions. This is taken on board and is always called upon as part of improving and enhancing the way Greenhouse operates.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £12,800.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
12 March 2024

And signed on behalf of the board by:
Name: Steven Julian Jacobs
Status: Director