SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Company limited by guarantee

Company Registration Number:
08675364 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Directors' report period ended 31 December 2024

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

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Melissa Harvey
Daniel Burston
Nicolita Gibbins
Lucca Benney
Pritam Singh


The director shown below has held office during the period of
6 September 2024 to 31 December 2024

Richard Ainslie


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
13 March 2025

And signed on behalf of the board by:
Name: Richard Ainslie
Status: Director

SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 86,679 74,221
Cost of sales: ( 16,330 ) ( 19,023 )
Gross profit(or loss): 70,349 55,198
Administrative expenses: ( 67,272 ) ( 60,669 )
Operating profit(or loss): 3,077 (5,471)
Interest payable and similar charges: ( 121 )
Profit(or loss) before tax: 2,956 (5,471)
Profit(or loss) for the financial year: 2,956 (5,471)

SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 784 1,176
Total fixed assets: 784 1,176
Current assets
Debtors: 4 2,455 747
Cash at bank and in hand: 1,702 111
Total current assets: 4,157 858
Creditors: amounts falling due within one year: 5 ( 5,309 ) ( 5,358 )
Net current assets (liabilities): (1,152) (4,500)
Total assets less current liabilities: (368) ( 3,324)
Total net assets (liabilities): (368) (3,324)
Members' funds
Profit and loss account: (368) ( 3,324)
Total members' funds: ( 368) (3,324)

The notes form part of these financial statements

SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Balance sheet statements

For the year ending 31 December 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 13 March 2025
and signed on behalf of the board by:

Name: Richard Ainslie
Status: Director

The notes form part of these financial statements

SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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

SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 4

SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 12,469 12,469
Additions
Disposals ( 10,509 ) ( 10,509 )
Revaluations
Transfers
At 31 December 2024 1,960 1,960
Depreciation
At 1 January 2024 11,293 11,293
Charge for year 392 392
On disposals ( 10,509 ) ( 10,509 )
Other adjustments
At 31 December 2024 1,176 1,176
Net book value
At 31 December 2024 784 784
At 31 December 2023 1,176 1,176

SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 1,669 482
Other debtors 786 265
Total 2,455 747

SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 67 28
Accruals and deferred income 3,892 1,980
Other creditors 1,350 3,350
Total 5,309 5,358

COMMUNITY INTEREST ANNUAL REPORT

SCHOOL FARM COMMUNITY SUPPORTED AGRICULTURE C.I.C.

Company Number: 08675364 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

We grow organic vegetables and fruit for a CSA box scheme, which feeds around 100 local families and individuals. We manage our small farm for the benefit of wildlife and biodiversity. We also put on volunteer days and events which help people to connect to the land and where their food comes from. They learn skills and connect with the large community of people around the farm.

Consultation with stakeholders

Our stakeholders are our veg box members, who we consult with over email and in person to find out how they want the veg to be and what they might want to change in the boxes. Also our directors, who we have quarterly meetings with to steer the direction of the farm. We make many decisions based off discussions in our directors meetings.

Directors' remuneration

PAYE £45,816

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 March 2025

And signed on behalf of the board by:
Name: Richard Ainslie
Status: Director