SHEPTON MALLET SNOWDROP PROJECT CIC

Company limited by guarantee

Company Registration Number:
12059138 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

SHEPTON MALLET SNOWDROP PROJECT CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

SHEPTON MALLET SNOWDROP PROJECT CIC

Directors' report period ended 30 June 2024

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

Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Christina Kennedy
Amanda Keys
Dominic Weston


The director shown below has held office during the period of
12 June 2024 to 30 June 2024

Ed Freely


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
9 October 2024

And signed on behalf of the board by:
Name: Christina Kennedy
Status: Director

SHEPTON MALLET SNOWDROP PROJECT CIC

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 17,784 20,096
Cost of sales: ( 15,746 ) ( 14,213 )
Gross profit(or loss): 2,038 5,883
Distribution costs: 0 0
Administrative expenses: ( 2,244 ) ( 5,923 )
Operating profit(or loss): (206) (40)
Interest receivable and similar income: 206 40
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

SHEPTON MALLET SNOWDROP PROJECT CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 26,205 22,631
Investments:   0 0
Total current assets: 26,205 22,631
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 23,199 ) ( 19,625 )
Net current assets (liabilities): 3,006 3,006
Total assets less current liabilities: 3,006 3,006
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 3,006 3,006
Members' funds
Profit and loss account: 3,006 3,006
Total members' funds: 3,006 3,006

The notes form part of these financial statements

SHEPTON MALLET SNOWDROP PROJECT CIC

Balance sheet statements

For the year ending 30 June 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 9 October 2024
and signed on behalf of the board by:

Name: Christina Kennedy
Status: Director

The notes form part of these financial statements

SHEPTON MALLET SNOWDROP PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 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

SHEPTON MALLET SNOWDROP PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

SHEPTON MALLET SNOWDROP PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 23,199 19,625
Total 23,199 19,625

COMMUNITY INTEREST ANNUAL REPORT

SHEPTON MALLET SNOWDROP PROJECT CIC

Company Number: 12059138 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The Open Gardens in June encouraged local people and visitors to explore and enjoy the gardens and, at the same time, see parts of the town they wouldn’t otherwise have been aware of. In late September / early October we sold snowdrop bulbs at Tesco and the Friday market and volunteers came together once again to help plant snowdrop bulbs in Collet Park and elsewhere. This year we bought another 40,000 snowdrops for planting around the town with many being planted in the park. We created a giant collage on the theme of ‘Nature Unbound’ - our Festival theme for 2024. In January we ran a free one-day community workshop to create a collage and poem. Featuring cut out words from the poem, the collage was strung during February as a 14-metre installation between the galleries in the Baptist Chapel. At a free ‘Found Poetry’ community workshop, participants explored the Festival theme and their words were turned into a poem, the stanzas of which were printed on vinyl and displayed in shop and business windows to create a trail from Create@#8 in Town Street, through to the lower part of the High Street and finishing at Cheeky Bean in the Market Place. A group of creative individuals from the community met regularly to create a collection of outfits, reusing, or upcycling old or second-hand clothes, or inventing creations from scratch from paper and cardboard to create a Fashion Show, bringing together 19 makers and 27 models, individuals who might not otherwise have got involved: a great example of social cohesion. The Festival was during the February half-term school holiday and we included free events for children and families throughout the week. The magical Snowdrop Grotto, the free creative workshops, and the Magical Forest window display and willow snail workshop drew over 700 children and families to Create@#8 during the course of the Festival. Storytelling in the library by the Snowdrop Fairy, a two-hour drama workshop at Create@#8, and tall tales by the Glastonbury Bard proved as popular as ever. All were free. The Baptist Chapel, displayed the shortlisted and winning poems and photographs from the two competitions alongside an exhibition telling the story of the life and legacy of James Allen, whose wedding and memorial service were held here. The WI provided sustenance for visitors and volunteers with tea and cakes. The Poetry and Photography competitions drew entries from across the world (Poetry - 43 countries including Pakistan, Hong Kong, Myanmar and Nepal; Photography - 28 countries including New Zealand, China and Ukraine) placing Shepton Mallet at the centre of the global map. We encouraged people to enjoy a coffee, cake or a more substantial bite to eat in the town, promoting the cafes and restaurants in the town centre in a flyer with a list and brief description of where to go. Gardens Illustrated, who ran a 6-page feature on the Festival in their February 2024 issue. The Royal Horticultural Society also invited us to write a 700-word article for their 2024 Daffodil, Snowdrop and Tulip Yearbook, published in October 2023. National magazine, Country Life, listed the Shepton Snowdrop Festival third in their list of the best places across the country to see snowdrops, and interviews on BBC Radio Somerset and BBC Points West gave the Festival a strong regional profile. As a result of our national / regional coverage we attracted many new visitors to the Festival, and to Shepton Mallet from as far afield as Essex, Hampshire and across the South West. One visitor from Weston-Super-Mare, who learnt about the Festival from the TV coverage, had driven through Shepton on the A37 for work for over 30 years, stopping only to buy fish and chips, but would be back again to explore the town.

Consultation with stakeholders

See actions taken in first section and involvement of other community groups and residents. In addition we work closely with the Town Council

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
9 October 2024

And signed on behalf of the board by:
Name: Christina Kennedy
Status: Director