HUMBER AVENUE COMMUNITY ALLOTMENTS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
13572057 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

HUMBER AVENUE COMMUNITY ALLOTMENTS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HUMBER AVENUE COMMUNITY ALLOTMENTS COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 32 32
Cash at bank and in hand: 4,633 4,088
Total current assets: 4,665 4,120
Creditors: amounts falling due within one year: 4 ( 4,774 ) ( 3,803 )
Net current assets (liabilities): (109) 317
Total assets less current liabilities: (109) 317
Total net assets (liabilities): (109) 317
Members' funds
Profit and loss account: (109) 317
Total members' funds: ( 109) 317

The notes form part of these financial statements

HUMBER AVENUE COMMUNITY ALLOTMENTS COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 August 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 9 May 2025
and signed on behalf of the board by:

Name: T R Smith
Status: Director

The notes form part of these financial statements

HUMBER AVENUE COMMUNITY ALLOTMENTS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Other accounting policies

    Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Basis of preparation These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. These financial statements are presented in Sterling, which is also the company's functional currency. The financial statements are rounded to the nearest £1. Going concern The financial statements have been prepared on a going concern basis. Tax The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

HUMBER AVENUE COMMUNITY ALLOTMENTS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 5

HUMBER AVENUE COMMUNITY ALLOTMENTS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Debtors

2024 2023
£ £
Other debtors 32 32
Total 32 32

HUMBER AVENUE COMMUNITY ALLOTMENTS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 1,233 820
Other creditors 3,541 2,983
Total 4,774 3,803

COMMUNITY INTEREST ANNUAL REPORT

HUMBER AVENUE COMMUNITY ALLOTMENTS COMMUNITY INTEREST COMPANY

Company Number: 13572057 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. The company runs Humber Avenue Community Allotments at its site in Durrington West Sussex on behalf of Worthing Borough Council under a Service Level Agreement. The site comprises 100+ allotments and the company promotes and improves that site and encourages the cultivation and enjoyment of gardening by members of the local community. Accessible gardening has been provided for those with physical and hidden disabilities and a further funding application has been successful to increase this type of facility. Funding of £15000 has been secured to build a social hub Fair rents are set by all plot holders being able to determine any changes by a vote at the Annual General Meeting. Additional resources and funding are sought by the Directors to support development and improvement.

Consultation with stakeholders

The stakeholders include a diverse and inclusive group of allotment holders, charities, providers of services for young people with learning difficulties, the wider community and Worthing Borough Council. During the current year consultation has been through running a meet the committee events on site, inviting two independent plot holders to committee meetings to achieve transparency and through a suggestions, ideas and complaints procedure. Review meetings with Worthing Borough Council are held where performance against the Service Level Agreement is undertaken.

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 May 2025

And signed on behalf of the board by:
Name: T R Smith
Status: Director