WOODINGDEAN FOOD CIC

Company limited by guarantee

Company Registration Number:
15111989 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 4 September 2023

End date: 30 September 2024

WOODINGDEAN FOOD CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

WOODINGDEAN FOOD CIC

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal activities of the company

The company's principal activity during the year continued to be that of a Community hub, offering subsidised provisions, help and advice plus financial support.



Directors

The directors shown below have held office during the whole of the period from
4 September 2023 to 30 September 2024

Philippa PARSONS
John Henry Walsham HOMEWOOD
Timothy Douglas PAGE
Deirdre Susan SIMSON


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
3 June 2025

And signed on behalf of the board by:
Name: Deirdre Susan SIMSON
Status: Director

WOODINGDEAN FOOD CIC

Profit And Loss Account

for the Period Ended 30 September 2024

13 months to 30 September 2024


£
Turnover: 5,180
Cost of sales: ( 3,925 )
Gross profit(or loss): 1,255
Distribution costs: ( 80 )
Administrative expenses: ( 717 )
Other operating income: 3,709
Operating profit(or loss): 4,167
Profit(or loss) before tax: 4,167
Profit(or loss) for the financial year: 4,167

WOODINGDEAN FOOD CIC

Balance sheet

As at 30 September 2024

Notes 13 months to 30 September 2024


£
Current assets
Cash at bank and in hand: 4,417
Total current assets: 4,417
Creditors: amounts falling due within one year: 3 ( 250 )
Net current assets (liabilities): 4,167
Total assets less current liabilities: 4,167
Total net assets (liabilities): 4,167
Members' funds
Profit and loss account: 4,167
Total members' funds: 4,167

The notes form part of these financial statements

WOODINGDEAN FOOD CIC

Balance sheet statements

For the year ending 30 September 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 3 June 2025
and signed on behalf of the board by:

Name: Deirdre Susan SIMSON
Status: Director

The notes form part of these financial statements

WOODINGDEAN FOOD CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

WOODINGDEAN FOOD CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    13 months to 30 September 2024
    Average number of employees during the period 0

WOODINGDEAN FOOD CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Creditors: amounts falling due within one year note

13 months to 30 September 2024
£
Other creditors 250
Total 250

COMMUNITY INTEREST ANNUAL REPORT

WOODINGDEAN FOOD CIC

Company Number: 15111989 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Woodingdean Food CIC runs the local Social Supermarket, taking over from the unincorporated venture that has run since 2021. We help the residents of Woodingdean and its surroundings who are suffering from hunger, poverty or loneliness, in the following ways: Raising funds from grants, contributions from clients and donations from businesses and residents allowing us to provide subsidised food to all who need it. We average around 30+ clients a week, though not that same clients every week, with an average of more than 2.5 persons per household. This includes pensioners, disabled, ethnic minorities, and many children. For £3.50, (raised to £4.50 in 2025), we provide enough food for a family of four for around four days. Over a year we feed around 400 individuals. We offer free coffee and tea to clients and visitors alike, creating a warm and welcoming environment for them to meet with us and engage with others in our community. We host our local Social Prescriber on a monthly basis, and have managed to help those in need by connecting them with other individuals who can help them locally and signposting to local authority services that are available to help them. We also arrange visits from advisory service, e.g. for energy usage and budgeting. We act as the manager of the funds in the “Household support fund” that is allocated to our area, and have helped in setting up a system to assist those most in need with food vouchers, energy bills, and warm blankets for the winter.

Consultation with stakeholders

We consider our stakeholders to be our clients, our volunteers and other residents of the village (through the Community Association). We maintain an open dialogue with our clients and change our offering based upon their needs and wishes, as cost permits. We have been asked to provide gluten free foods and culturally appropriate foods for our residents. We also provide recipes and associated ingredients, being open to suggestions as to what they prefer to receive. This dialogue also extends to their ability to approach for funding in times of need and we have been able to respond by distributing energy and food vouchers to those most in need. We have made several changes to the method of distribution in response to feedback. We meet with our volunteers regularly, outside of our opening hours and have adjusted the logistics and people management arrangements at our hub to enable us to manage the flow of people and cut down waiting times. We are regularly represented at our quarterly Community Association meetings and receive support and guidance from residents as well as local schools and churches. We are now a well-integrated and necessary part of our community

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
3 June 2025

And signed on behalf of the board by:
Name: Phil Parsons
Status: Director