MAD LEAP CIC

Company Registration Number:
14037836 (England and Wales)

Unaudited statutory accounts for the year ended 28 April 2024

Period of accounts

Start date: 30 April 2023

End date: 28 April 2024

MAD LEAP CIC

Contents of the Financial Statements

for the Period Ended 28 April 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MAD LEAP CIC

Balance sheet

As at 28 April 2024

Notes 2024 13 months to 29 April 2023


£

£
Current assets
Debtors: 3 13,965 10,535
Cash at bank and in hand: 83,783 2,070
Total current assets: 97,748 12,605
Creditors: amounts falling due within one year: 4 ( 96,746 ) ( 11,603 )
Net current assets (liabilities): 1,002 1,002
Total assets less current liabilities: 1,002 1,002
Total net assets (liabilities): 1,002 1,002
Capital and reserves
Called up share capital: 1,002 1,002
Total Shareholders' funds: 1,002 1,002

The notes form part of these financial statements

MAD LEAP CIC

Balance sheet statements

For the year ending 28 April 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 7 May 2025
and signed on behalf of the board by:

Name: Rokiah Yaman
Status: Director

The notes form part of these financial statements

MAD LEAP CIC

Notes to the Financial Statements

for the Period Ended 28 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover represents amounts earned on services provided during the year and derives from the provision of services falling within the company's ordinary activities. Turnover is recognised at the point of delivery of the service. Grant income is accounted for under accruals model. Grants are recognised in income on a systematic basis over the periods in which the entity incurs the related costs for which the grant is intended to reimburse. Any grant monies not spent at the year end is deferred in accruals and deferred income.

MAD LEAP CIC

Notes to the Financial Statements

for the Period Ended 28 April 2024

  • 2. Employees

    2024 13 months to 29 April 2023
    Average number of employees during the period 7 1

MAD LEAP CIC

Notes to the Financial Statements

for the Period Ended 28 April 2024

3. Debtors

2024 13 months to 29 April 2023
£ £
Trade debtors 13,718 10,535
Other debtors 247
Total 13,965 10,535

MAD LEAP CIC

Notes to the Financial Statements

for the Period Ended 28 April 2024

4. Creditors: amounts falling due within one year note

2024 13 months to 29 April 2023
£ £
Trade creditors 95,952 11,603
Taxation and social security 794
Total 96,746 11,603

COMMUNITY INTEREST ANNUAL REPORT

MAD LEAP CIC

Company Number: 14037836 (England and Wales)

Year Ending: 28 April 2024

Company activities and impact

MAD LEAP CIC continued to deliver a project, scaling its circular food model SOURCE, in East London across three sites. The mushroom farm was further developed next to a social housing estate and two polytunnels were erected at Gainsborough Primary School, housing a hydroponic system and raised beds. An outdoor edible playground was also installed for educational activities, linking our sustainable food growing and waste management activities on-site with the curriculum. The educational programme was successfully delivered across several classes and after-school clubs. The aim is to establish an economically sustainable model that can be replicated across, not only schools but other sites such as social housing, new developments etc. where social, environmental, educational and economic benefits can be realized. MAD LEAP continued to deliver a range of green skills training (hydroponics, sustainable gardening and mushroom growing) and hosted site visits to council officers and university groups (including University of Louisiana).

Consultation with stakeholders

We have continued to engage with various stakeholders to deliver the circular food project including: The had teacher and school staff via regular meetings and requests for feedback; School kitchen staff through inset day activities and demonstrations of food waste recycling; Parents via questionnaire and attendance at parents evenings where we distributed flyers and explained the circular food model in more detail, In addition, we have engaged local residents via green skills training and requests for feedback. We are designing engagement activities at the social housing estate to include flyering, a questionnaire, door knocking, community events and more accredited green skills training. We have also consulted with another primary school and community centre to install a rooftop polytunnel with hydroponics, which will grow food for school meals and a nearby community food coop.

Directors' remuneration

Rokiah Yaman - £4,945 Guy Blanch - £3,986

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
6 May 2025

And signed on behalf of the board by:
Name: Rokiah Yaman
Status: Director