REAL FOOD ILKLEY CIC

Company limited by guarantee

Company Registration Number:
09911686 (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

REAL FOOD ILKLEY CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

REAL FOOD ILKLEY 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

Directors

The director shown below has held office during the whole of the period from
1 January 2023 to 31 December 2023

Vaughan Michael Allen


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
26 July 2024

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

REAL FOOD ILKLEY CIC

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 41,805 34,742
Cost of sales: ( 5,227 ) ( 124 )
Gross profit(or loss): 36,578 34,618
Administrative expenses: ( 45,674 ) ( 27,011 )
Other operating income: 69
Operating profit(or loss): (9,096) 7,676
Profit(or loss) before tax: (9,096) 7,676
Profit(or loss) for the financial year: (9,096) 7,676

REAL FOOD ILKLEY CIC

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 1,121
Cash at bank and in hand: 5,349 22,910
Total current assets: 5,349 24,031
Creditors: amounts falling due within one year: 4 ( 637 ) ( 10,223 )
Net current assets (liabilities): 4,712 13,808
Total assets less current liabilities: 4,712 13,808
Total net assets (liabilities): 4,712 13,808
Members' funds
Profit and loss account: 4,712 13,808
Total members' funds: 4,712 13,808

The notes form part of these financial statements

REAL FOOD ILKLEY 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 26 July 2024
and signed on behalf of the board by:

Name: Vaughan Michael Allen
Status: Director

The notes form part of these financial statements

REAL FOOD ILKLEY 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

    Other accounting policies

    - The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. - The accounts are presented in £ sterling.

REAL FOOD ILKLEY 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

REAL FOOD ILKLEY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

2023 2022
£ £
Trade debtors 965
Prepayments and accrued income 156
Total   1,121

REAL FOOD ILKLEY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 2,905
Taxation and social security 1,458
Accruals and deferred income 359 970
Other creditors 278 4,890
Total 637 10,223

COMMUNITY INTEREST ANNUAL REPORT

REAL FOOD ILKLEY CIC

Company Number: 09911686 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

In the financial year ending 31 December 2023 Real Food Ilkley CIC organized twelve Fine Food & Local Produce Markets in Ilkley, The markets were well attended by residents of and visitors to Ilkley and feedback was extremely positive. Customers benefited from being able to meet the producers and sellers and have monthly access to a wide range of food and drink produced locally and on a small scale. The market exists to support small and local producers and makers, currently, there are between 40 and 55 stalls at each markets. With all but a handful supporting small businesses from Yorkshire. In addition, stalls are provided to Ilkley businesses (through the local BID) and to community and charity groups on a pro bono basis - 12 local community groups/charities benefited by having a free stall to raise awareness, funds and recruit volunteers in Ilkley during the period. Real Food Ilkley CIC worked closely with other local organizations such as Ilkley Town Council, Bradford Council, Dementia Friendly Ilkley and Ilkley BID for the benefit of the wider community. The two directors of Real Food Ilkley CIC were supported by a committed and loyal group of volunteers.

Consultation with stakeholders

Ilkley BID - this group represents the local retailers, we work closely to ensure we address any issues and concerns. Market visitors - we ask for feedback/comments/suggestions at each market which we then discuss (and act on if appropriate) at Director meetings. Ilkley Town Council - as we are providing a free community event that includes a road closure we communicate regularly including attending Town Council meetings to provide updates and report on progress. Bradford Council - we work closely with Bradford Markets, Highways and the local councilors. Local community groups and charities – we offer groups a free stall to promote their aims and fundraise.

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
2 September 2024

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