for the Period Ended 30 April 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 April 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 May 2023
to
30 April 2024
The director shown below has held office during the period of
1 May 2023
to
16 January 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
---|---|---|
|
£ |
£ |
Turnover: |
|
|
Cost of sales: |
(
|
(
|
Gross profit(or loss): |
|
( |
Administrative expenses: |
(
|
(
|
Operating profit(or loss): |
( |
( |
Profit(or loss) before tax: |
( |
( |
Profit(or loss) for the financial year: |
( |
( |
As at
Notes | 2024 | 2023 | |
---|---|---|---|
|
£ |
£ |
|
Current assets | |||
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 3 |
(
|
(
|
Net current assets (liabilities): |
|
|
|
Total assets less current liabilities: |
|
|
|
Total net assets (liabilities): |
|
|
|
Members' funds | |||
Profit and loss account: |
|
|
|
Total members' funds: |
|
|
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 April 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 30 April 2024
2024 | 2023 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 30 April 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Trade creditors |
|
|
Accruals and deferred income |
|
|
Total |
|
|
Following changes to the operating name of our company and extension of its aims and objectives in the year 2022-23, Grow Timsbury has now taken over and expanded the running of a small, occasional fruit and vegetable stall held in the village. The market now operates on a monthly basis and has grown to approximately twelve regular stalls, selling locally produced items. The principal stalls include vegetables and fruit from two local market gardens, local meat, including Timsbury Lamb, cakes made by a resident and bread, cheese and preserves from a few miles away. We also have two stalls selling only locally grown cut flowers and plants. A local charity, Swallow, which supports teenagers and adults with learning disabilities, sells a range of savouries, soups and drinks. In addition to the stalls, we encourage a community feel with an attractive cafe space set out and barista coffee sold from a van. This is extremely popular. The market is proving very successful and Grow Timsbury will be continuing to develop the market in the coming year. Our efforts to secure a piece of land for a Community Garden are going forward slowly. We have been in discussions with a new local landowner who wishes to take a regenerative approach to farming and believes that our plans fit well with their ethos. We have given the company a 5 year development plan to consider and they have responded very positively. We hope, in the coming season, to begin to take this project forward.
The cafe space at the market gives the directors and volunteers an opportunity to talk to customers and discuss ways of improving the market and finding out if there are any problems. Grow Timsbury also has a Facebook site which, apart from advertising the monthly event also gathers residents and users comments about the market, e.g. timing, range of stalls, atmosphere and problems. We also speak with all stallholders at each market, to find out if both they and customers were happy with arrangements or if there were any problems. At each directors meeting, following a market, we discuss both customer and stall holder comments and consider action on any points raised, if necessary.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
6 January 2025
And signed on behalf of the board by:
Name: Susan Walker
Status: Director