THE OLD FARM BUS CIC

Company limited by guarantee

Company Registration Number:
12439462 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 1 March 2023

End date: 29 February 2024

THE OLD FARM BUS CIC

Contents of the Financial Statements

for the Period Ended 29 February 2024

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

THE OLD FARM BUS CIC

Profit And Loss Account

for the Period Ended 29 February 2024

2024 2023


£

£
Turnover: 96,521 69,644
Cost of sales: ( 71,907 ) ( 54,260 )
Gross profit(or loss): 24,614 15,384
Administrative expenses: ( 36,694 ) ( 17,141 )
Other operating income: 88 2,115
Operating profit(or loss): (11,992) 358
Profit(or loss) before tax: (11,992) 358
Profit(or loss) for the financial year: (11,992) 358

THE OLD FARM BUS CIC

Balance sheet

As at 29 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 11,784 15,136
Total fixed assets: 11,784 15,136
Current assets
Cash at bank and in hand: 486 74
Total current assets: 486 74
Creditors: amounts falling due within one year: 4 0 ( 996 )
Net current assets (liabilities): 486 (922)
Total assets less current liabilities: 12,270 14,214
Creditors: amounts falling due after more than one year: 5 ( 10,047 )
Total net assets (liabilities): 2,223 14,214
Members' funds
Profit and loss account: 2,223 14,214
Total members' funds: 2,223 14,214

The notes form part of these financial statements

THE OLD FARM BUS CIC

Balance sheet statements

For the year ending 29 February 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 30 November 2024
and signed on behalf of the board by:

Name: Christina Giljohann
Status: Director

The notes form part of these financial statements

THE OLD FARM BUS CIC

Notes to the Financial Statements

for the Period Ended 29 February 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

    Tangible fixed assets depreciation policy

    fixed assets are depreciated using the straight line method in line with the estimated useful life of the asset.

THE OLD FARM BUS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

THE OLD FARM BUS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 6,230 5,460 3,000 9,216 23,906
Additions 4,730 4,730
Disposals ( 4,470 ) ( 4,470 )
Revaluations
Transfers
At 29 February 2024 1,760 5,460 3,000 13,946 24,166
Depreciation
At 1 March 2023 528 2,031 3,000 3,211 8,770
Charge for year 176 1,443 1,993 3,612
On disposals
Other adjustments
At 29 February 2024 704 3,474 3,000 5,204 12,382
Net book value
At 29 February 2024 1,056 1,986 0 8,742 11,784
At 28 February 2023 5,702 3,429 0 6,005 15,136

THE OLD FARM BUS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 0 996
Total 0 996

THE OLD FARM BUS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

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

2024
£
Other creditors 10,047
Total 10,047

COMMUNITY INTEREST ANNUAL REPORT

THE OLD FARM BUS CIC

Company Number: 12439462 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

The old farm bus offers a wide range of community activities, that are available to 0-17 year olds across Amber Valley. We have been very much supported by multiple town councils and reach up to 300 young adults a week all year round. We offer two baby morning sessions a week that help to strengthen our community and offer support parents and children alike. We have a board of directors that are supportive of the work we do and we work with a brilliant collection of artists that do our workshops. Workshops are free to attend and offer in depth skills and creative projects to get involved with.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Christina Giljohann £15895.16

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 November 2024

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