CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
06851611 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Directors' report period ended 31 March 2024

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

Principal activities of the company

The company's principal object is to carry on activities which benefit the community and inparticular to manage and maintain the lavender field at Stanley Road Allotments, Carshalton



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Laurence Rudham
Louisa Pini
Margaret John
Patricia Tuffey
Paula Bailey


The director shown below has held office during the period of
30 August 2023 to 31 March 2024

Ruth Simpson


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 November 2024

And signed on behalf of the board by:
Name: Patricia Tuffey
Status: Director

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 16,072 12,628
Cost of sales: ( 1,834 ) ( 2,080 )
Gross profit(or loss): 14,238 10,548
Administrative expenses: ( 9,110 ) ( 6,618 )
Operating profit(or loss): 5,128 3,930
Interest receivable and similar income: 467 218
Profit(or loss) before tax: 5,595 4,148
Tax: ( 1,283 )
Profit(or loss) for the financial year: 4,312 4,148

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,692 4,011
Total fixed assets: 2,692 4,011
Current assets
Stocks: 4 2,403 1,900
Debtors: 5 2,189 1,924
Cash at bank and in hand: 40,204 31,558
Total current assets: 44,796 35,382
Creditors: amounts falling due within one year: 6 ( 9,783 ) ( 6,000 )
Net current assets (liabilities): 35,013 29,382
Total assets less current liabilities: 37,705 33,393
Total net assets (liabilities): 37,705 33,393
Members' funds
Profit and loss account: 37,705 33,393
Total members' funds: 37,705 33,393

The notes form part of these financial statements

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 March 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 26 November 2024
and signed on behalf of the board by:

Name: Patricia Tuffey
Status: Director

The notes form part of these financial statements

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 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 represents net invoiced sales of goods and income from fundraising activities.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost evenly over its expected useful life, as follows: Plant and machinery - 20% Sill - 10%

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 18,831 18,831
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 18,831 18,831
Depreciation
At 1 April 2023 14,820 14,820
Charge for year 1,319 1,319
On disposals
Other adjustments
At 31 March 2024 16,139 16,139
Net book value
At 31 March 2024 2,692 2,692
At 31 March 2023 4,011 4,011

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 2,403 1,900
Total 2,403 1,900

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 305 127
Prepayments and accrued income 1,884 1,797
Total 2,189 1,924

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,283
Other creditors 8,500 6,000
Total 9,783 6,000

COMMUNITY INTEREST ANNUAL REPORT

CARSHALTON LAVENDER COMMUNITY INTEREST COMPANY

Company Number: 06851611 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Carshalton Lavender CIC manages three acres of lavender in Carshalton, Surrey, an area once famous for its lavender. The company works to keep the heritage of local lavender alive for current and future generations. The site was established in 1996, and the company has held an annual community harvest since 2001. Our 2023 harvest was almost back to normal and much more like our pre-Covid harvests. As always, the attendees really enjoyed the event. We were able to distil our essential oil and hydrosol as usual after the harvest using our purpose-built on-site still. These and other products resulting from the harvest are sold at local events and to retailers and processors over the following year. During the financial year ending March 2024 the company has benefitted the community by: - Enabling visitors to pick their own lavender and enjoy the field at the annual harvest weekend in July - Educating local residents and students about the tradition of lavender growing in this area - Demonstrating the distillation process on site - Organising regular work parties for volunteers (including some with learning difficulties) in field work (ground preparation, planting, weeding and pruning), and in the distillation process. - Making donations to local charities

Consultation with stakeholders

The company’s stakeholders include local residents and visitors to the lavender field, local allotment holders, volunteers and the London Borough of Sutton – the allotment site owner. The directors of the company are local residents. The lavender field is managed and maintained in consultation with the London Borough of Sutton, Stanley Road Allotment Society and other key stakeholders. Yet again, at our Annual Harvest in July, very positive comments were received from the attendees. Our numbers were much higher this year as everyone was felt things were getting back to normal. As always, our work was enthusiastically appreciated and the ability to be out in nature is always appreciated.

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
26 November 2024

And signed on behalf of the board by:
Name: Patricia Tuffey
Status: Director