TIME TO GROW! C.I.C.

Company limited by guarantee

Company Registration Number:
14583353 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 10 January 2023

End date: 31 January 2024

TIME TO GROW! C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

TIME TO GROW! C.I.C.

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Additional information

During the financial year ended 31 January 2025, the company incurred expenses that were ring-fenced against income received within the financial year ended 31 January 2024. This reflects the company’s policy to allocate specific funds received in one financial period to cover designated expenses in subsequent periods. As a result, the financial statements for the year ended 31 January 2025 reflect these allocated funds and associated expenses, ensuring that the resources are applied in line with the intended purposes



Directors

The directors shown below have held office during the whole of the period from
10 January 2023 to 31 January 2024

George Gaillet
Gregory Frey
Jess Causby


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
22 September 2024

And signed on behalf of the board by:
Name: George Gaillet
Status: Director

TIME TO GROW! C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2024

13 months to 31 January 2024


£
Turnover: 11,314
Cost of sales: ( 3,464 )
Gross profit(or loss): 7,850
Administrative expenses: ( 183 )
Operating profit(or loss): 7,667
Profit(or loss) before tax: 7,667
Profit(or loss) for the financial year: 7,667

TIME TO GROW! C.I.C.

Balance sheet

As at 31 January 2024

Notes 13 months to 31 January 2024


£
Current assets
Cash at bank and in hand: 9,962
Total current assets: 9,962
Creditors: amounts falling due within one year: 3 ( 2,295 )
Net current assets (liabilities): 7,667
Total assets less current liabilities: 7,667
Total net assets (liabilities): 7,667
Members' funds
Profit and loss account: 7,667
Total members' funds: 7,667

The notes form part of these financial statements

TIME TO GROW! C.I.C.

Balance sheet statements

For the year ending 31 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 22 September 2024
and signed on behalf of the board by:

Name: George Gaillet
Status: Director

The notes form part of these financial statements

TIME TO GROW! C.I.C.

Notes to the Financial Statements

for the Period Ended 31 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

TIME TO GROW! C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    13 months to 31 January 2024
    Average number of employees during the period 0

TIME TO GROW! C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Creditors: amounts falling due within one year note

13 months to 31 January 2024
£
Trade creditors 2,295
Total 2,295

COMMUNITY INTEREST ANNUAL REPORT

TIME TO GROW! C.I.C.

Company Number: 14583353 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

n the year 2023/2024 Time to Grow has benefited the community in multiple ways; Increased and sustained activity in 25 gardens across North London Expanded activity from Waltham Forest to Hackney and Haringey Boroughs in London Supported The Gleaners Cooperative with fresh local organic vegetables for their running of a cafe in Walthamstow. Supported Curry Club, North London Action for the Homeless and Holy Trinity Food Share with fresh local organic vegetables Run 5 courses (each entailing 5 sessions) in urban food growing for people predominantly living in Leytonstone. This was funded by a grant by the Waltham Forest Adult Learning Service. Held a community harvest feast at the Gleaners Cafe with garden owners Held a community harvest feast for Hackney volunteers Held 2 garden coordinators training to develop volunteers in leadership skills Built a nature connection area at Kelmscott School in Waltham Forest

Consultation with stakeholders

Time to Grow’s stakeholders are residents, volunteers, the Gleaners Cooperative and Organic Lea A coordinator and volunteer meeting is held monthly where everyone has an opportunity to feedback on the ongoing activities. Regular informal feedback from garden owners is solicited from garden coordinators when the opportunity arises.

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
22 September 2024

And signed on behalf of the board by:
Name: George Gaillet
Status: Director