CYNEFIN FARM CIC

Company limited by guarantee

Company Registration Number:
14529220 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 8 December 2022

End date: 31 December 2023

CYNEFIN FARM CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

CYNEFIN FARM CIC

Directors' report period ended 31 December 2023

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

Principal activities of the company

The principle activities of Cynefin farm CIC during the accounting period of 2022 - 2023 were to run permaculture education across Pembrokeshire for members of the local community.



Directors

The director shown below has held office during the period of
15 December 2023 to 31 December 2023

Lusi Alderslowe


The director shown below has held office during the period of
14 December 2023 to 31 December 2023

Bjarka Dean


The director shown below has held office during the period of
11 September 2023 to 31 December 2023

Orlando Gibson


The director shown below has held office during the period of
28 June 2023 to 31 December 2023

Peter Lees


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

Neil Kingsnorth
Niamhue Robins


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
8 September 2024

And signed on behalf of the board by:
Name: Niamhue Robins
Status: Director

CYNEFIN FARM CIC

Profit And Loss Account

for the Period Ended 31 December 2023

13 months to 31 December 2023


£
Turnover: 3,170
Cost of sales: ( 3,040 )
Gross profit(or loss): 130
Administrative expenses: ( 130 )
Operating profit(or loss): 0
Profit(or loss) before tax: 0
Profit(or loss) for the financial year: 0

CYNEFIN FARM CIC

Balance sheet

As at 31 December 2023

Notes 13 months to 31 December 2023


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Net current assets (liabilities):  
Total assets less current liabilities: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

CYNEFIN FARM 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.

This report was approved by the board of directors on 7 September 2024
and signed on behalf of the board by:

Name: Niamhue Robins
Status: Director

The notes form part of these financial statements

CYNEFIN FARM 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

CYNEFIN FARM CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    13 months to 31 December 2023
    Average number of employees during the period 2

COMMUNITY INTEREST ANNUAL REPORT

CYNEFIN FARM CIC

Company Number: 14529220 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

Cynefin farm CIC runs permaculture education in our local community of Pembrokeshire. The business opened in December 2022 (originally under the name of Paramaethu Tirlun) and during the financial year 2022-2023, we benefitted the community in a number of ways: - We hosted and facilitated a 6 month long Permaculture Design course, which taught regenerative growing and living techniques to 12 local residents. We invited participants on a sliding scale cost basis, which enabled us to offer some very low cost places on the course for those that needed it, improving accessibility of the education. - We also offered three places on the course fully subsidised, on an exchange of skills basis, for those that could not join us otherwise. - We emphasised connection in the community and beyond, making connections with other local smallholders and land based businesses through site visits and inviting guest teachers. - we continued supporting our students after the course through online content and meetings.

Consultation with stakeholders

Cynefin farm CIC's stakeholders are our local community who are interested in regenerative living and sustainability. In the months leading up to the 6 month course that we ran back in 2023, two directors (Neil Kingsnorth and Niamhue Robins) both attended local events that attracted members of our community with similar interests - nature based open days - and gave short talks and presentations on what permaculture is and how it could support them in their lives. We then gauged interest from our community and asked what the limiting factors might be to taking further education. There was a great interest in further education, but a main limiting factor was the cost involved in such a course. We then devised a sliding scale price structure and a series of exchange possibilities so that we could enable more people to join the course.

Directors' remuneration

Two directors received wages for their time in facilitation and teaching, and a repayment for course expenses. - Neil kingsnorth received £1366.70 in wages, and £63.35 in expenses repayment - Nim Robins recieved £1366.70 in wages, and £83.25 in expenses repayment.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 September 2024

And signed on behalf of the board by:
Name: Niamhue Robins
Status: Director