FIAT VITA CIC

Company limited by guarantee

Company Registration Number:
11063308 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

FIAT VITA CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

FIAT VITA CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 0
Cost of sales: ( 22,953 )
Gross profit(or loss): 0 (22,953)
Administrative expenses: ( 1,400 ) ( 6,246 )
Operating profit(or loss): (1,400) (29,199)
Profit(or loss) before tax: (1,400) (29,199)
Profit(or loss) for the financial year: (1,400) (29,199)

FIAT VITA CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 500 1,000
Total current assets: 500 1,000
Creditors: amounts falling due within one year: 3 ( 900 )
Net current assets (liabilities): (400) 1,000
Total assets less current liabilities: (400) 1,000
Total net assets (liabilities): (400) 1,000
Members' funds
Profit and loss account: (400) 1,000
Total members' funds: ( 400) 1,000

The notes form part of these financial statements

FIAT VITA CIC

Balance sheet statements

For the year ending 30 November 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 20 August 2024
and signed on behalf of the board by:

Name: Charles Tebbutt
Status: Director

The notes form part of these financial statements

FIAT VITA CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

FIAT VITA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

FIAT VITA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Creditors: amounts falling due within one year note

2023
£
Other creditors 900
Total 900

COMMUNITY INTEREST ANNUAL REPORT

FIAT VITA CIC

Company Number: 11063308 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The company has expanded the trade in nuts to enable tenancies on cobnutorchards in Kent. These orchards will be used as test beds for best practice.The company is now looking to invest directly into farms.The company has established a partnership with a producer in Kent as part ofongoing work to ensure the continuation of existing nut farming. This with thespecific aim of sustaining rural economies and updating current practice tomake them economically viable.Supply side– aside from our farms, formalise extra cobnut supplies by working with existing growers diversify and secure supply chain. This gives security to expand NPD.We have build a nut shelling facility for all British nut producers to use. This capacity will be a pivotal addition enabling further agroforestry expansion in the UK. Extend relationships across the nut producing world to offer nut processing service; professionalizing the farm to table process, vastly reducing waste, and ultimately improve quality of final product.

Consultation with stakeholders

Gilian Jones as Chair of the Kentish Cobnut Association has been a mainstakeholder in the work of the CIC as we purchase and process her wholecrop. Both as a producer herself, and through her position as chair, she has ainterest in establishing the growers group.

Directors' remuneration

There were no other transactions or arrangements in connection with theremuneration 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
20 August 2024

And signed on behalf of the board by:
Name: Charles Tebbutt
Status: Director