BAILDON FARMERS MARKET COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
11461450 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

BAILDON FARMERS MARKET COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

BAILDON FARMERS MARKET COMMUNITY INTEREST COMPANY

Directors' report period ended 31 July 2024

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

Directors

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

Jill Swift
Sara Mogford
Rachel Coates
Gillian Dixon


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
14 April 2025

And signed on behalf of the board by:
Name: Jill Swift
Status: Director

BAILDON FARMERS MARKET COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 5,446 6,225
Cost of sales: ( 1,451 ) ( 1,009 )
Gross profit(or loss): 3,995 5,216
Administrative expenses: ( 3,916 ) ( 4,443 )
Operating profit(or loss): 79 773
Interest payable and similar charges: ( 6 )
Profit(or loss) before tax: 79 767
Profit(or loss) for the financial year: 79 767

BAILDON FARMERS MARKET COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,603 1,603
Total fixed assets: 1,603 1,603
Current assets
Cash at bank and in hand: 4,065 3,986
Total current assets: 4,065 3,986
Creditors: amounts falling due within one year: 4 ( 90 ) ( 90 )
Net current assets (liabilities): 3,975 3,896
Total assets less current liabilities: 5,578 5,499
Total net assets (liabilities): 5,578 5,499
Members' funds
Profit and loss account: 5,578 5,499
Total members' funds: 5,578 5,499

The notes form part of these financial statements

BAILDON FARMERS MARKET COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 July 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 14 April 2025
and signed on behalf of the board by:

Name: Jill Swift
Status: Director

The notes form part of these financial statements

BAILDON FARMERS MARKET COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 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 includes the income from stallholders for stall rental and fees and the monthly markets.

    Tangible fixed assets depreciation policy

    Fixed assets are measured at cost less depreciation. Depreciation is provided at rates to write off the assets life on the following basis: Plant and machinery - 10% reducing balance.

BAILDON FARMERS MARKET COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

BAILDON FARMERS MARKET COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 1,993 1,993
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 1,993 1,993
Depreciation
At 1 August 2023 390 390
Charge for year
On disposals
Other adjustments
At 31 July 2024 390 390
Net book value
At 31 July 2024 1,603 1,603
At 31 July 2023 1,603 1,603

BAILDON FARMERS MARKET COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 90 90
Total 90 90

COMMUNITY INTEREST ANNUAL REPORT

BAILDON FARMERS MARKET COMMUNITY INTEREST COMPANY

Company Number: 11461450 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

We have continued to run a monthly farmers market with a strong community focus providing food products to local residents and visitors. We have provided the opportunity for local farmers and small-scale producers to sell their produce direct to the public. The market has run for the benefit of residents of Baildon and for farmers and small-scale producers in the surrounding area. The market has also contributed to the attractiveness of Baildon as a shopping destination for visitors. The community has benefited from having access to locally produced food products. The market also acts as an important monthly community event and chance to get together. Several charities have benefited by fundraising from our monthly charity stall.

Consultation with stakeholders

Stakeholders are Baildon residents, local producers and businesses in Baildon village. We regularly seek and receive feedback on social media and respond to questions be email. We also run surveys on how businesses and shoppers feel about the market and how we can make it even better.

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
14 April 2025

And signed on behalf of the board by:
Name: Jill Swift
Status: Director