GREENACRES SMALLHOLDING CIC

Company limited by guarantee

Company Registration Number:
13661425 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

GREENACRES SMALLHOLDING CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

Profit and loss
Balance sheet
Additional notes
Community Interest Report

GREENACRES SMALLHOLDING CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 13 months to 31 October 2022


£

£
Turnover: 14,927 2,835
Cost of sales: ( 5,476 ) ( 1,774 )
Gross profit(or loss): 9,451 1,061
Distribution costs: 0 0
Administrative expenses: ( 6,836 ) ( 1,046 )
Other operating income: 0 0
Operating profit(or loss): 2,615 15
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 2,615 15
Tax: 0 0
Profit(or loss) for the financial year: 2,615 15

GREENACRES SMALLHOLDING CIC

Balance sheet

As at 31 October 2023

Notes 2023 13 months to 31 October 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 782 239
Investments:   0 0
Total current assets: 782 239
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 782 239
Total assets less current liabilities: 782 239
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 782 239
Members' funds
Profit and loss account: 782 239
Total members' funds: 782 239

The notes form part of these financial statements

GREENACRES SMALLHOLDING CIC

Balance sheet statements

For the year ending 31 October 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 30 July 2024
and signed on behalf of the board by:

Name: Jo Henderson
Status: Director

The notes form part of these financial statements

GREENACRES SMALLHOLDING CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

GREENACRES SMALLHOLDING CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 13 months to 31 October 2022
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

GREENACRES SMALLHOLDING CIC

Company Number: 13661425 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

Through the sale of farm produce directly to the consumer on a weekly basis, we have enabled the community to access local, fresh and sustainable food.We have enabled over 200 children from Ipswich, who would not ordinarily have the opportunity, to access the countryside, learn about how food is grown and where it comes from.We have continued to use regenerative agricultural processes to improve the soil, sequester more carbon, improve habitats for pollinators and other insects. This year we have planted over 1,000 trees, to form boundaries and shelter belts, providing much needed habitat for wildlife.Our annual farm open day helped the local community by raising funds for the local nursery and pre-school.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £167.19.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
30 July 2024

And signed on behalf of the board by:
Name: Jo Henderson
Status: Director