EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Company Registration Number:
08568566 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Directors

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

Christopher Howes
Louise Bishop-Howes
Kraig Watson


The directors shown below have held office during the period of
1 January 2023 to 5 October 2023

Joanne Cook
Leander Platten
Helen Sadler


Secretary Jackie Howes

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
7 January 2025

And signed on behalf of the board by:
Name: Christopher Howes
Status: Director

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 195,582 170,217
Cost of sales: ( 12,327 ) ( 9,681 )
Gross profit(or loss): 183,255 160,536
Administrative expenses: ( 193,802 ) ( 151,831 )
Other operating income: 13,753
Operating profit(or loss): 3,206 8,705
Profit(or loss) before tax: 3,206 8,705
Profit(or loss) for the financial year: 3,206 8,705

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 36,263 36,216
Total fixed assets: 36,263 36,216
Current assets
Stocks: 4 2,500
Debtors: 5 17,066 12,405
Cash at bank and in hand: 28,662 230
Total current assets: 48,228 12,635
Creditors: amounts falling due within one year: 6 ( 35,575 ) ( 41,216 )
Net current assets (liabilities): 12,653 (28,581)
Total assets less current liabilities: 48,916 7,635
Creditors: amounts falling due after more than one year: 7 ( 67,507 ) ( 45,629 )
Accruals and deferred income: ( 16,197 )
Total net assets (liabilities): (34,788) (37,994)
Capital and reserves
Called up share capital: 10 10
Profit and loss account: (34,798 ) (38,004 )
Total Shareholders' funds: ( 34,788 ) (37,994)

The notes form part of these financial statements

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 December 2023 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 7 January 2025
and signed on behalf of the board by:

Name: Christopher Howes
Status: Director

The notes form part of these financial statements

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 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

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets their useful lives

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 9 8

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 51,383 1,519 52,902
Additions 9,547 9,547
Disposals
Revaluations
Transfers
At 31 December 2023 60,930 1,519 62,449
Depreciation
At 1 January 2023 16,686 16,686
Charge for year 9,500 9,500
On disposals
Other adjustments
At 31 December 2023 26,186 26,186
Net book value
At 31 December 2023 34,744 1,519 36,263
At 31 December 2022 34,697 1,519 36,216

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Stocks

2023 2022
£ £
Stocks 2,500
Total 2,500

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

2023 2022
£ £
Trade debtors 17,066 12,405
Total 17,066 12,405

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 4,658
Other creditors 30,917 41,216
Total 35,575 41,216

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

2023 2022
£ £
Bank loans and overdrafts 67,507 45,629
Total 67,507 45,629

COMMUNITY INTEREST ANNUAL REPORT

EDFORDS CARE FARM COMMUNITY INTEREST COMPANY

Company Number: 08568566 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

During 2024Edfords continued to develop the work skills programme for young people struggling within the school or permanently excluded from education. The programme means that students who attend the farm rebuild their relationship with education, by working with the schools management and SEN department we not only improve the engagement of the students our services mean that students within school have more opportunities to succeed without distraction. Edfords has also built on the work we do with 16-25 year olds with complex needs developing an bespoke programme for each individual. This involves us working with parents on home schooled individuals. Our client base has increased hugely in 2024 which has meant taking on more staff and solidifying our organisation.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Two directors are paid salaries, during the accounting period to Dec 2023 the following PAYE Directors were paid via payroll for the year: Chris Howes - £4800 Louise Bishop-Howes - £4800

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 January 2025

And signed on behalf of the board by:
Name: Christopher Howes
Status: Director