FOODPRINT C.I.C.

Company limited by guarantee

Company Registration Number:
10849852 (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

FOODPRINT C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

FOODPRINT C.I.C.

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 186,024 127,163
Cost of sales: ( 85,401 ) ( 69,023 )
Gross profit(or loss): 100,623 58,140
Administrative expenses: ( 90,879 ) ( 40,350 )
Operating profit(or loss): 9,744 17,790
Profit(or loss) before tax: 9,744 17,790
Tax: ( 1,635 ) ( 113 )
Profit(or loss) for the financial year: 8,109 17,677

FOODPRINT C.I.C.

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 6,750 8,986
Total fixed assets: 6,750 8,986
Current assets
Stocks: 4 3,000 4,000
Cash at bank and in hand: 35,052 20,175
Total current assets: 38,052 24,175
Creditors: amounts falling due within one year: 5 ( 4,977 ) ( 1,445 )
Net current assets (liabilities): 33,075 22,730
Total assets less current liabilities: 39,825 31,716
Total net assets (liabilities): 39,825 31,716
Members' funds
Profit and loss account: 39,825 31,716
Total members' funds: 39,825 31,716

The notes form part of these financial statements

FOODPRINT C.I.C.

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 29 April 2025
and signed on behalf of the board by:

Name: N Ahmed
Status: Director

The notes form part of these financial statements

FOODPRINT C.I.C.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 25% on reducing balance Motor vehicles - 25% on reducing balance

    Other accounting policies

    Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. 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. Hire purchase and leasing commitments Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

FOODPRINT C.I.C.

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

FOODPRINT C.I.C.

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 839 17,001 17,840
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 839 17,001 17,840
Depreciation
At 1 August 2023 617 8,237 8,854
Charge for year 45 2,191 2,236
On disposals
Other adjustments
At 31 July 2024 662 10,428 11,090
Net book value
At 31 July 2024 177 6,573 6,750
At 31 July 2023 222 8,764 8,986

FOODPRINT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Stocks

2024 2023
£ £
Stocks 3,000 4,000
Total 3,000 4,000

FOODPRINT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 2,389 113
Other creditors 2,588 1,332
Total 4,977 1,445

COMMUNITY INTEREST ANNUAL REPORT

FOODPRINT C.I.C.

Company Number: 10849852 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Foodprint is a social supermarket operating in Sneinton and Radford, two deprived areas of Nottingham. Our main activity is to sell surplus food purchased from Fareshare and HisChurch at prices that are far lower than 'ordinary' supermarkets. This allows people to have the dignity of being able to buy food, rather than relying on food banks. A secondary activity we have had is to redistribute surplus food to other community focused organisations(e.g., church groups, social cafes, hot meal provisions and schools etc.). This has allowed us to further our impact on our community - ensuring that more people can access healthy nutritious food. Foodprint currently benefits 400-500 families a week.

Consultation with stakeholders

We have consulted with customers throughout the year particularly around the range of stock available. As a consequence of this, we have started to provide a wider range of items which we are purchasing from wholesalers and selling at cost. These items include eggs and cleaning products.

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
29 April 2025

And signed on behalf of the board by:
Name: N Ahmed
Status: Director