CARDIFF SALAD GARDEN C.I.C.

Company limited by guarantee

Company Registration Number:
10750582 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

CARDIFF SALAD GARDEN C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

CARDIFF SALAD GARDEN C.I.C.

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

Sophie Durnan
Emma George
Martin Little


Secretary Martin Little

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 February 2025

And signed on behalf of the board by:
Name: Sophie Durnan
Status: Director

CARDIFF SALAD GARDEN C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 15,071 16,362
Cost of sales: ( 50,585 ) ( 31,780 )
Gross profit(or loss): (35,514) (15,418)
Administrative expenses: ( 35,184 ) ( 23,216 )
Other operating income: 74,898 41,549
Operating profit(or loss): 4,200 2,915
Profit(or loss) before tax: 4,200 2,915
Tax: ( 1,080 )
Profit(or loss) for the financial year: 3,120 2,915

CARDIFF SALAD GARDEN C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,460 4,311
Total fixed assets: 2,460 4,311
Current assets
Debtors: 4 1,318 2,641
Cash at bank and in hand: 28,670 33,256
Total current assets: 29,988 35,897
Creditors: amounts falling due within one year: 5 ( 17,587 ) ( 28,467 )
Net current assets (liabilities): 12,401 7,430
Total assets less current liabilities: 14,861 11,741
Total net assets (liabilities): 14,861 11,741
Members' funds
Profit and loss account: 14,861 11,741
Total members' funds: 14,861 11,741

The notes form part of these financial statements

CARDIFF SALAD GARDEN C.I.C.

Balance sheet statements

For the year ending 31 May 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 7 February 2025
and signed on behalf of the board by:

Name: Sophie Durnan
Status: Director

The notes form part of these financial statements

CARDIFF SALAD GARDEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and machinery: 20% Straight Line Equipment: 20% Straight Line Furniture & Fixture: 33.33% Straight Line Motor Vehicles: 20% Straight Line I.T.: 33.33% Straight Line

    Other accounting policies

    Deferred Taxation A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

CARDIFF SALAD GARDEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 0

CARDIFF SALAD GARDEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 8,845 8,845
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 8,845 8,845
Depreciation
At 1 June 2023 4,534 4,534
Charge for year 1,851 1,851
On disposals
Other adjustments
At 31 May 2024 6,385 6,385
Net book value
At 31 May 2024 2,460 2,460
At 31 May 2023 4,311 4,311

CARDIFF SALAD GARDEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
£ £
Other debtors 1,318 2,641
Total 1,318 2,641

CARDIFF SALAD GARDEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 4,108 4,100
Other creditors 13,479 24,367
Total 17,587 28,467

COMMUNITY INTEREST ANNUAL REPORT

CARDIFF SALAD GARDEN C.I.C.

Company Number: 10750582 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

We continued our Growing Together project in 2023-2024 with funding from People and Places Community Fund and the Postcode Lottery. This continued our tailored growing sessions forpositive physical and mental health, twice a week. Arranged in 11 week blocks with planning breaks as we orientated ourselves around the seasonal year with celebrations and outings after each block. Our contracted team remained the same at the start of the year, becoming more confident with their roles and the project. In November we took on a new contractor who had been a committed volunteer to support our managing director during a period of ill health. They continued to be a valued member of the team. Our team now consists of 6 people each contracting valuable services to the Salad Garden. We continued to work with a range of adults of all ages from a wide demographic including people who identify as neurodiverse, refugees, adults with learning difficulties, mental health challenges, people who are disabled and many more. We grew a large number of vegetable seedlings that we were able to give away and also grow our own extra veg for volunteers to take home including runner beans, tomatoes and cucumbers. We continued our partnership with Bridgend College who ran an 2 accredited courses on basic introductions to horticulture at our site and Pencoed College site which made it more accessible for those with extra needs, this was funded through Wels Gov and free to participants and our team were able to support those who needed extra help. We were awarded an Awards for All grant for a new polytunnel which became a dedicated volunteer oriented space with a tidy tool area, seating and refreshment area, new raised beds, and dedicated packing area for handling salad. This massively improved our volunteer experience and created more space and comfort for everybody. We took over management of Riverside Community Garden from Grow Cardiff and received funding from Cardiff Council Food Direct to pilot this transition before committing and receiving 1 year of funding from WCVA Volunteering Wales to improve volunteering opportunities and experiences at this site. From April 2024 we ran two Gardening for Positive Mental and Physical Wellbeing sessions at this site every week with our team supporting people to get involved, sharing the produce with volunteers. We commissioned research of local pantries and food co-ops serving low income residents of Cardiff with affordable food to find out what vegetables they would like to receive, focusing on culturally appropriate foods for these communities. This will influence our growing plans for the future and we hope to be able to donate surplus vegetables to these organisations in the future.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The Director received a salary of: £20,393 plus pension contributions of £612. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
12 December 2024

And signed on behalf of the board by:
Name: Sophie Durnan
Status: Director