MINISTRY OF PUBS CIC

Company Registration Number:
14740660 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 20 March 2023

End date: 31 March 2024

MINISTRY OF PUBS CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

MINISTRY OF PUBS CIC

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 Ministry of Pubs CIC was incorporated on 20 March 2023 with no significant transactions occurring during the year ending 31 March 2024. The company has no assets, and no money was paid for shares upon incorporation. The company was established to serve as a vehicle for grant applications and to lay the foundations for a business plan describing it as the foundation for a national trust for British pubs to be funded by public subscription. Although grant applications have been made, none have been successful. All work done for these applications was carried out voluntarily by the directors at no cost to the company. Since incorporation, the company has not traded, but the directors intend to continue seeking grants to fund further research into democratic governance structures and to invite internships. Despite not being financially active, the CIC remains active administratively to be ready for future grant applications.



Directors

The directors shown below have held office during the period of
28 March 2024 to 31 March 2024

ROSENBERG, Jonathan Louis
SWAINSON, Julian Andrew
WHITE, Julian Matthew
DALZELL, Hayley Patricia


The director shown below has held office during the whole of the period from
20 March 2023 to 31 March 2024

Dodds, John Mark


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
17 January 2025

And signed on behalf of the board by:
Name: Dodds, John Mark
Status: Director

MINISTRY OF PUBS CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024


£
Turnover: 0
Cost of sales: 0
Gross profit(or loss): 0
Distribution costs: 0
Administrative expenses: 0
Other operating income: 0
Operating profit(or loss): 0
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 0
Tax: 0
Profit(or loss) for the financial year: 0

MINISTRY OF PUBS CIC

Balance sheet

As at 31 March 2024

Notes 2024


£
Called up share capital not paid: 1
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 0
Total assets less current liabilities: 1
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 1
Capital and reserves
Called up share capital: 1
Share premium account: 0
Other reserves: 0
Profit and loss account: 0
Total Shareholders' funds: 1

The notes form part of these financial statements

MINISTRY OF PUBS CIC

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 17 January 2025
and signed on behalf of the board by:

Name: Dodds, John Mark
Status: Director

The notes form part of these financial statements

MINISTRY OF PUBS CIC

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

MINISTRY OF PUBS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

MINISTRY OF PUBS CIC

Company Number: 14740660 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

In the year to 31/03/2024 Ministry of Pubs has not directly benefited any community due the the CIC still being researched as directors apply for grants to support development of the social purpose of the business: The Ministry of Pubs has been deeply involved in examining decades of academic research to grasp the vital role and significance of pubs in British society. We've reached out to a diverse range of stakeholders, including social historians, academics, intellectuals, communities, brewers, small pub companies, successful publicans, and civil society institutions, all with a shared interest in the value that well run pubs bring to social stability and community cohesion. These discussions have allowed us to delve into the roots of British pub culture, uncovering why pubs have thrived uniquely in our nation and garnered such widespread appeal. Furthermore, we've collaborated with universities worldwide to investigate the social capital value of pubs to their communities. Despite clear demand for their existence, pubs often struggle as businesses. Our goal has been to champion the creation of a new kind of pub company specifically tailored to address this challenge. This company would focus on investing in, saving, improving, and preserving pubs as community assets that deliver public good. Our approach involves engaging all stakeholders; staff, community members, investors, suppliers, and customers in ensuring the long-term financial sustainability of these community businesses. Our ultimate objective is to use this understanding to design a solution for the issue of pub market failure. In many areas, private equity interests prioritise high financial returns over the preservation of pubs, leading to market failure even when there's clear local demand for quality pubs. We aim to address this discrepancy by creating a framework that ensures pubs are valued and sustained as vital community assets, irrespective of short-term financial incentives.

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
17 January 2025

And signed on behalf of the board by:
Name: J Mark Dodds
Status: Director