GREENER GROWTH CIC

Company limited by guarantee

Company Registration Number:
08700499 (England and Wales)

Unaudited statutory accounts for the year ended 30 January 2024

Period of accounts

Start date: 1 October 2022

End date: 30 January 2024

GREENER GROWTH CIC

Contents of the Financial Statements

for the Period Ended 30 January 2024

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

GREENER GROWTH CIC

Directors' report period ended 30 January 2024

The directors present their report with the financial statements of the company for the period ended 30 January 2024

Directors

The directors shown below have held office during the whole of the period from
1 October 2022 to 30 January 2024

Mr Craig Alfred George Edward Lee
Ms Joannah Sue Metcalfe
Ms Jodi Natasha Symmonds


The directors shown below have held office during the period of
1 October 2022 to 8 October 2023

Christopher Martin Mahon
Jacqueline Neil McKellar


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
4 September 2024

And signed on behalf of the board by:
Name: Ms Joannah Sue Metcalfe
Status: Director

GREENER GROWTH CIC

Profit And Loss Account

for the Period Ended 30 January 2024

16 months to 30 January 2024 2022


£

£
Turnover: 379,517 250,455
Cost of sales: ( 72,926 ) ( 41,619 )
Gross profit(or loss): 306,591 208,836
Administrative expenses: ( 292,707 ) ( 222,502 )
Operating profit(or loss): 13,884 (13,666)
Interest payable and similar charges: ( 478 ) ( 566 )
Profit(or loss) before tax: 13,406 (14,232)
Tax: 0 0
Profit(or loss) for the financial year: 13,406 (14,232)

GREENER GROWTH CIC

Balance sheet

As at 30 January 2024

Notes 16 months to 30 January 2024 2022


£

£
Fixed assets
Tangible assets: 3 0 1,769
Total fixed assets: 0 1,769
Current assets
Debtors: 4 132,999 33,304
Cash at bank and in hand: 6,432 53,009
Total current assets: 139,431 86,313
Creditors: amounts falling due within one year: 5 ( 112,346 ) ( 72,792 )
Net current assets (liabilities): 27,085 13,521
Total assets less current liabilities: 27,085 15,290
Creditors: amounts falling due after more than one year: 6 ( 12,831 ) ( 14,442 )
Total net assets (liabilities): 14,254 848
Members' funds
Profit and loss account: 14,254 848
Total members' funds: 14,254 848

The notes form part of these financial statements

GREENER GROWTH CIC

Balance sheet statements

For the year ending 30 January 2024 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 4 September 2024
and signed on behalf of the board by:

Name: Ms Joannah Sue Metcalfe
Status: Director

The notes form part of these financial statements

GREENER GROWTH CIC

Notes to the Financial Statements

for the Period Ended 30 January 2024

  • 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 Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    33% Straight Line

GREENER GROWTH CIC

Notes to the Financial Statements

for the Period Ended 30 January 2024

  • 2. Employees

    16 months to 30 January 2024 2022
    Average number of employees during the period 0 0

GREENER GROWTH CIC

Notes to the Financial Statements

for the Period Ended 30 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 3,850 3,850
Additions
Disposals
Revaluations
Transfers
At 30 January 2024 3,850 3,850
Depreciation
At 1 October 2022 2,081 2,081
Charge for year 1,769 1,769
On disposals
Other adjustments
At 30 January 2024 3,850 3,850
Net book value
At 30 January 2024 0 0
At 30 September 2022 1,769 1,769

GREENER GROWTH CIC

Notes to the Financial Statements

for the Period Ended 30 January 2024

4. Debtors

16 months to 30 January 2024 2022
£ £
Trade debtors 119,814 21,912
Other debtors 13,185 11,392
Total 132,999 33,304
Debtors due after more than one year: 12,831 14,442

GREENER GROWTH CIC

Notes to the Financial Statements

for the Period Ended 30 January 2024

5. Creditors: amounts falling due within one year note

16 months to 30 January 2024 2022
£ £
Bank loans and overdrafts 4,759
Trade creditors 651 6,988
Taxation and social security 24,927 7,241
Other creditors 86,768 53,804
Total 112,346 72,792

GREENER GROWTH CIC

Notes to the Financial Statements

for the Period Ended 30 January 2024

6. Creditors: amounts falling due after more than one year note

16 months to 30 January 2024 2022
£ £
Bank loans and overdrafts 12,831 14,442
Total 12,831 14,442

COMMUNITY INTEREST ANNUAL REPORT

GREENER GROWTH CIC

Company Number: 08700499 (England and Wales)

Year Ending: 30 January 2024

Company activities and impact

We worked across eight prison projects, eleven schools, six communities and sixteen commercial and maintenance projects. In addition , we covered nine number of conservation based , bio diversity enhancing maintenance contracts across our school, commercial and County Council partnerships. Our focus , particularly important during the ongoing cost of living crisis, remains the teaching and garden infrastructure building of food producing and wildlife friendly gardens. We also include a teaching framework that incorporates how to prepare and cook freshly grown crops to provide cheap and nutritious meals, producing recipe sheets to help our user groups to continue with the long term use of their newfound knowledge. Our work continues to demonstrably help contribute towards the wellbeing and employability of prisoners, the health of children and reduces social isolation in some of the area’s most deprived communities, which has continued to affect many of those who became isolated during the Covid lockdown period, further reinforced for many by the current financial pressures. Whilst we have continued to work with the corporate sector to help increase our sustainability and to widen our impact, and our Maintenance and Conservation Contracts continue to generate good support , as businesses look to deliver cost effective maintenance whilst enhancing the site for wildlife and staff wellbeing. In addition, and in line with the new Biodeversity Net Gain laws ratified in February this year, we have been extending our team of consultants to incorporate an additional group of ecologists, garden designers and landscape architects. We now offer a whole new range of services to incorporate Biodiversity Net Gain support with regard to planning applications, Carbon Compensation initiatives and specialist lighting consultants to help support the commercial sector with their greener policy requirements and planning proposals. The benefit to the community was evidenced by The evidence that we have collected from therapeutic communities in prisons shows that prisoners who receive the type of support described above are more able to cope successfully with the transition to independent living on release, and less likely to reoffend. In addition, staff morale has benefitted. Children who are involved in growing food are more likely to want to eat fresh produce and to have a healthier diet and healthier lifestyles.More children are learning how to grow food and taking this knowledge home to start growing food in backyards and gardens. Feedback from local residents suggests that our community projects create a more pleasant environment, especially important during a period of financial hardship when many are staying at home much more of the time ,and most are working from home more since the lockdown.

Consultation with stakeholders

Our stakeholders are drawn from communities that include prisons, schools, shared space in towns and villages and commercial sites. Our maintenance contracts have generated great feedback, with our clients noting that the grounds have been better looked after, with plants and trees really thriving. This means that wildlife is being conserved and protected on ever increasing amounts of land. This has ensured more habitat havens such as bird boxes, owl boxes, insect hotels and hedgehog boxes are added into the garden designs. Stakeholders enjoy seeing more birds on the feeders or nesting in nest boxes. We have received great feedback from clients enjoying harvesting fresh produce or seeing flowers or fruit trees blossom. The increased financial pressures have meant more people are becoming interested in our community gardens as food growing hubs which incorporate a teaching delivery framework that aims to help combat social isolation and create intergenerational connections. An example would be a primary school connecting with a group of primarily older, retired individuals in some areas . We involve young people, parents and teachers in the design and creation of our gardens in schools. As our Volunteer Coordinator positions continue to expand, more school and community garden spaces are becoming accessible to more people who are clearly benefiting from an increased contact with Nature and each other.

Directors' remuneration

All remuneration paid to directors has been disclosed in full in the statutory accounts and there were no other transactions or arrangements in connection with the remuneration 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
4 September 2024

And signed on behalf of the board by:
Name: Joannah Sue Metcalfe
Status: Director