THE FOUNTAIN CAFE CIC

Company limited by guarantee

Company Registration Number:
12830630 (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

THE FOUNTAIN CAFE CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

THE FOUNTAIN CAFE CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 42,706 6,009
Cost of sales: ( 16,435 ) ( 4,079 )
Gross profit(or loss): 26,271 1,930
Administrative expenses: ( 31,716 ) ( 3,994 )
Other operating income: 6,417 430
Operating profit(or loss): 972 (1,634)
Profit(or loss) before tax: 972 (1,634)
Tax: ( 156 ) 0
Profit(or loss) for the financial year: 816 (1,634)

THE FOUNTAIN CAFE CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,680 1,600
Total fixed assets: 1,680 1,600
Current assets
Cash at bank and in hand: 10,709 7,915
Total current assets: 10,709 7,915
Creditors: amounts falling due within one year: 4 ( 10,574 ) ( 8,622 )
Net current assets (liabilities): 135 (707)
Total assets less current liabilities: 1,815 893
Accruals and deferred income: ( 316 ) ( 210 )
Total net assets (liabilities): 1,499 683
Members' funds
Profit and loss account: 1,499 683
Total members' funds: 1,499 683

The notes form part of these financial statements

THE FOUNTAIN CAFE CIC

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.

This report was approved by the board of directors on 28 May 2025
and signed on behalf of the board by:

Name: Matthew Nicholson
Status: Director

The notes form part of these financial statements

THE FOUNTAIN CAFE CIC

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

THE FOUNTAIN CAFE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 0

THE FOUNTAIN CAFE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 0 4,000 4,000
Additions 1,031 1,031
Disposals
Revaluations
Transfers
At 31 August 2024 1,031 4,000 5,031
Depreciation
At 1 September 2023 0 2,400 2,400
Charge for year 151 800 951
On disposals
Other adjustments
At 31 August 2024 151 3,200 3,351
Net book value
At 31 August 2024 880 800 1,680
At 31 August 2023 0 1,600 1,600

THE FOUNTAIN CAFE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 10,574 8,622
Total 10,574 8,622

COMMUNITY INTEREST ANNUAL REPORT

THE FOUNTAIN CAFE CIC

Company Number: 12830630 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

The Company continued to trade from a mobile catering unit during the early Autumn of 2023 before finishing for the season. Occasional community events were also supported, such as Carols in the Park in December. The permanent Cafe building in Shorts Road Park was completed in February 2024 - the Company commenced trading from this location on 21st March 2024. Since opening, the Cafe has provided a friendly and welcoming place for the Community to gather to enjoy good quality food and drink at affordable prices. Volunteering opportunities have been provided for over 40 adults and the cafe has employed three people living in the Community, two of whom are adults with additional learning needs. The Company has now started partnering with local organisations to facilitate the following -A regular bicycle maintenance workshop -A bicycle security marking service with the local police -A D-day commemoration event.

Consultation with stakeholders

The Company’s stakeholders are primarily the residents and community visitors in the villages of Fair Oak and Horton Heath. Other stakeholders include organisations such as the Parish Council, St Thomas Church and the Fair Oak Community library. The Fountain Cafe run a Facebook page which provides general information, such as opening times, to the public. This platform also provides an opportunity for stakeholders to comment, make suggestions and share feedback about their experiences. The cafe team also welcome face to face feedback during opening hours. Each comment, however received, is fully considered by the management team.

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
28 May 2025

And signed on behalf of the board by:
Name: Matthew Nicholson
Status: Director