GLOSSOP COMMUNITY ALLOTMENT CIC

Company limited by guarantee

Company Registration Number:
11127086 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

GLOSSOP COMMUNITY ALLOTMENT CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

GLOSSOP COMMUNITY ALLOTMENT CIC

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 18,989 7,373
Total current assets: 18,989 7,373
Creditors: amounts falling due within one year: 3 ( 16,245 ) ( 6,003 )
Net current assets (liabilities): 2,744 1,370
Total assets less current liabilities: 2,744 1,370
Total net assets (liabilities): 2,744 1,370
Members' funds
Profit and loss account: 2,744 1,370
Total members' funds: 2,744 1,370

The notes form part of these financial statements

GLOSSOP COMMUNITY ALLOTMENT CIC

Balance sheet statements

For the year ending 31 December 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 1 July 2024
and signed on behalf of the board by:

Name: Michael Owen
Status: Director

The notes form part of these financial statements

GLOSSOP COMMUNITY ALLOTMENT CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts

    Other accounting policies

    Debtors - Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Creditors - Short term creditors are measured at transaction price (which is usually the invoice price).Taxation - A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

GLOSSOP COMMUNITY ALLOTMENT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

GLOSSOP COMMUNITY ALLOTMENT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 1,663 1,014
Accruals and deferred income 14,582 4,989
Total 16,245 6,003

COMMUNITY INTEREST ANNUAL REPORT

GLOSSOP COMMUNITY ALLOTMENT CIC

Company Number: 11127086 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

The allotment continues to be used by a wide variety of people whose motivations vary from learning about gardening to making a purposeful contribution to their community to sharing time with a diverse group of people. They do this as part of our formal sessions three mornings each week or by arrangement at other times including at the weekend. We hope to develop weekend use going forwards. Our capacity has increased slightly since the development of the “Men’s Shed” project but the extra has been taken up. We cannot increase capacity without significant funding for paid staff and we have yet to source that.The allotment continues to be a welcoming and supportive place to enrich and support our volunteers and users.

Consultation with stakeholders

The stakeholders for the allotment are its session leaders, members, volunteers, customers and funders. With gentle guidance from a knowledgeable volunteer leader, everything at the alllotment is discussed and decided upon by the attendees from what new projects to undertake, to what vegetables to grow. The board is made up of representatives of the local community who ensure that a dialogue is maintained with the host allotment society and wider interests in the community.

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
1 July 2024

And signed on behalf of the board by:
Name: Michael Owen
Status: Director