SACRED BEAN COFFEE CIC

Company limited by guarantee

Company Registration Number:
12029138 (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

SACRED BEAN COFFEE 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

SACRED BEAN COFFEE 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

Principal activities of the company

purchasing, Processing, storing and distributing speciality coffee Providing training and mentoring to people with barriers to employment



Directors

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

Chandra Morbey
Paul Brookhouse
Tim Benson


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
10 January 2025

And signed on behalf of the board by:
Name: Tim Benson
Status: Director

SACRED BEAN COFFEE CIC

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 20,034 28,045
Cost of sales: ( 7,702 ) ( 6,020 )
Gross profit(or loss): 12,332 22,025
Administrative expenses: ( 16,193 ) ( 34,822 )
Operating profit(or loss): (3,861) (12,797)
Profit(or loss) before tax: (3,861) (12,797)
Profit(or loss) for the financial year: (3,861) (12,797)

SACRED BEAN COFFEE CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 1,725 4,256
Total current assets: 1,725 4,256
Creditors: amounts falling due within one year: 3 ( 1,330 )
Net current assets (liabilities): 395 4,256
Total assets less current liabilities: 395 4,256
Total net assets (liabilities): 395 4,256
Members' funds
Profit and loss account: 395 4,256
Total members' funds: 395 4,256

The notes form part of these financial statements

SACRED BEAN COFFEE 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 10 January 2025
and signed on behalf of the board by:

Name: Tim Benson
Status: Director

The notes form part of these financial statements

SACRED BEAN COFFEE 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

SACRED BEAN COFFEE 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 2

SACRED BEAN COFFEE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Creditors: amounts falling due within one year note

2024
£
Other creditors 1,330
Total 1,330

COMMUNITY INTEREST ANNUAL REPORT

SACRED BEAN COFFEE CIC

Company Number: 12029138 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

Training for people coming out of addiction. Coffee is fairly traded so benefits growers We have started a partnership with a local food bank

Consultation with stakeholders

No consultation with stakeholders

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
10 January 2025

And signed on behalf of the board by:
Name: Timothy Crispin Benson
Status: Director