LOCAL SUSTAINABLE CIC

Company limited by guarantee

Company Registration Number:
12853608 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

LOCAL SUSTAINABLE CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

LOCAL SUSTAINABLE CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 4,930 19,243
Gross profit(or loss): 4,930 19,243
Administrative expenses: ( 3,931 ) ( 18,056 )
Operating profit(or loss): 999 1,187
Profit(or loss) before tax: 999 1,187
Tax: ( 190 )
Profit(or loss) for the financial year: 809 1,187

LOCAL SUSTAINABLE CIC

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 1,394 910
Total current assets: 1,394 910
Creditors: amounts falling due within one year: 3 ( 820 ) ( 1,145 )
Net current assets (liabilities): 574 (235)
Total assets less current liabilities: 574 ( 235)
Total net assets (liabilities): 574 (235)
Members' funds
Profit and loss account: 574 ( 235)
Total members' funds: 574 (235)

The notes form part of these financial statements

LOCAL SUSTAINABLE CIC

Balance sheet statements

For the year ending 30 September 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 9 April 2025
and signed on behalf of the board by:

Name: Stephen King
Status: Director

The notes form part of these financial statements

LOCAL SUSTAINABLE CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

LOCAL SUSTAINABLE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

LOCAL SUSTAINABLE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 190
Accruals and deferred income 630 1,145
Total 820 1,145

COMMUNITY INTEREST ANNUAL REPORT

LOCAL SUSTAINABLE CIC

Company Number: 12853608 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Local Sustainable CIC has benefited the community through enabling opportunities for members to enjoy access to Spring Rise Community Gardens for ongoing land-based learning opportunities, open days, celebrations, workshops, workdays and cultural events. The activities on the land have not only provided rich educational opportunities, but have also brought all ages together, serving as a growth point and spring-board for collaboration and initiative taking between members to further inspire ways of living and working more locally and sustainably. Activities which have taken place at Spring Rise have included:-a weekly homesteading group for children -weekly tending sessions on the land (vegetable garden, forest garden, tree nursery)-regular workshops on the theme of local and sustainable food, craft and culture.-tree choir -local and sustainable building projects with youth and volunteers-a harvest festival, comprised of local and sustainable food, workshops and activities provided by community members-children's craft activities in collaboration with Tablehurst Farm's lambing day events.

Consultation with stakeholders

The company's stakeholders are primarily residents of the Forest Row area and surrounds. The directors of the company have lived in the Forest Row area for many years, and have discovered that a local, land-based learning space was high in demand for many like- minded initiatives to do their work. As a result, Spring Rise has become a hub of educational opportunities and cross pollination between people and projects, all with the aim of supporting the furthering of our local and sustainable Forest Row community in their multitude of ways. Spring Rise Community Gardens grows and adapts with the needs of our multi-generational community, shining as an example of the emerging future taking root. There is continuous consultation with stakeholders, which shapes and directs the course of action.

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
9 April 2025

And signed on behalf of the board by:
Name: Stephen King
Status: Director