THE FUNGI CLUB C.I.C.

Company limited by guarantee

Company Registration Number:
14413524 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 12 October 2022

End date: 31 October 2023

THE FUNGI CLUB C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

THE FUNGI CLUB C.I.C.

Directors' report period ended 31 October 2023

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

Principal activities of the company

The Fungi Club's most regular income is from seasonal boxes - a fungi club box that allows subscribers to learn how to grow mushrooms at home. Another main source of revenue has been hosting nature walks via Eventbrite. It has also received one small grant of £500 from the Peabody Group to setup a small-scale cultivation workshop for the Bubble & Squeak after school group in East Acton. And we also received some funding from Loop Labs to provide a workshop for the Forest Gate Community School. The company has an agreed safeguard policy around hosting events. The company directors work free of charge and have not paid any wages or dividend for their time. We have received no political funding.



Directors

The directors shown below have held office during the whole of the period from
12 October 2022 to 31 October 2023

James Agyepong-Parsons
Ben Blackwell
Alexis Harasemovitch-Truax


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
27 August 2024

And signed on behalf of the board by:
Name: James Agyepong-Parsons
Status: Director

THE FUNGI CLUB C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2023

13 months to 31 October 2023


£
Turnover: 2,185
Cost of sales: ( 466 )
Gross profit(or loss): 1,719
Distribution costs: 0
Administrative expenses: 0
Other operating income: 0
Operating profit(or loss): 1,719
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 1,719
Tax: 0
Profit(or loss) for the financial year: 1,719

THE FUNGI CLUB C.I.C.

Balance sheet

As at 31 October 2023

Notes 13 months to 31 October 2023


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 1,719
Investments:   0
Total current assets: 1,719
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 1,719
Total assets less current liabilities: 1,719
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 1,719
Members' funds
Profit and loss account: 1,719
Total members' funds: 1,719

The notes form part of these financial statements

THE FUNGI CLUB C.I.C.

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 27 August 2024
and signed on behalf of the board by:

Name: James Agyepong-Parsons
Status: Director

The notes form part of these financial statements

THE FUNGI CLUB C.I.C.

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 Financial Reporting Standard 101

THE FUNGI CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

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

COMMUNITY INTEREST ANNUAL REPORT

THE FUNGI CLUB C.I.C.

Company Number: 14413524 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

The Fungi Club C.I.C is an educational outreach group that places an emphasis on teaching folks about fungi and food cultivation. The club officially opened as a C.I.C in October 2022. During this time, the club's activities have benefited the community in the following ways: - Local schools (particularly those who put together an after school programme) have been able to learn about fungi, either through creating cultivations baskets with straw or logs with dowels, or by planting young sapling trees to explain the growth of mycorrhizal fungi. - Local residents (particularly those who want to know more about their local flora and funga) have been able to join us on nature walks identifying different mushrooms. - London councils (such as Wimbledon where on the Wimbledon Common we've been providing annual surveys every autumn for its rangers)

Consultation with stakeholders

No consultation with stakeholders

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
27 August 2024

And signed on behalf of the board by:
Name: James Agyepong-Parsons
Status: Director