CHELSFIELD VILLAGE FAIR C.I.C.

Company limited by guarantee

Company Registration Number:
11190126 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

CHELSFIELD VILLAGE FAIR C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

CHELSFIELD VILLAGE FAIR C.I.C.

Directors' report period ended 30 November 2024

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

Principal activities of the company

The principal activity is the annual Chelsfield Village Fair, held again in July 2024.

Additional information

The Company has no share capital and is limited by guarantee. The liability of each member of the company is limited to £1. The company on commencing trading received the net assets of the previous unincorporated association.



Directors

The directors shown below have held office during the whole of the period from
1 December 2023 to 30 November 2024

David Jose Padilla
John Jeffrey Brooks
Conor Canton
David Michael Griffiths
Sharon Elizabeth Wright
Nigel Lamb


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: Sharon Elizabeth Wright
Status: Director

CHELSFIELD VILLAGE FAIR C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 31,425 24,918
Cost of sales: ( 24,653 ) ( 25,137 )
Gross profit(or loss): 6,772 (219)
Distribution costs: 0 0
Administrative expenses: ( 14,455 ) ( 7,342 )
Other operating income: 8,770 8,360
Operating profit(or loss): 1,087 799
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 1,087 799
Tax: 0 0
Profit(or loss) for the financial year: 1,087 799

CHELSFIELD VILLAGE FAIR C.I.C.

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,941 1,374
Investments:   0 0
Total fixed assets: 1,941 1,374
Current assets
Stocks: 4 0 815
Debtors:   0 0
Cash at bank and in hand: 8,126 6,791
Investments:   0 0
Total current assets: 8,126 7,606
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 8,126 7,606
Total assets less current liabilities: 10,067 8,980
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 10,067 8,980
Members' funds
Profit and loss account: 10,067 8,980
Total members' funds: 10,067 8,980

The notes form part of these financial statements

CHELSFIELD VILLAGE FAIR C.I.C.

Balance sheet statements

For the year ending 30 November 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: Sharon Elizabeth Wright
Status: Director

The notes form part of these financial statements

CHELSFIELD VILLAGE FAIR C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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

    Tangible fixed assets depreciation policy

    Tangible fixed assets are recorded at cost, including irrecoverable VAT. Depreciation is provided at rates calculated to write off the cost over the expected useful life of the asset, commencing with the financial period in which the assets are brought into use. Plant and Equipment is depreciated at a rate of 10% per annum on a straight line basis. Fixed assets are reviewed at the end of each reporting period to determine whether there is any indication that those assets have suffered an impairment loss.

    Other accounting policies

    (c) Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. (d) Reserves The company on commencing trading received the net assets of the previous unincorporated association, amounting to £4,630.

CHELSFIELD VILLAGE FAIR C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

CHELSFIELD VILLAGE FAIR C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 1,668 1,668
Additions 815 815
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 30 November 2024 2,483 2,483
Depreciation
At 1 December 2023 294 294
Charge for year 248 248
On disposals 0 0
Other adjustments 0 0
At 30 November 2024 542 542
Net book value
At 30 November 2024 1,941 1,941
At 30 November 2023 1,374 1,374

CHELSFIELD VILLAGE FAIR C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Stocks

2024 2023
£ £
Stocks 0 815
Payments on account 0 0
Total 0 815

CHELSFIELD VILLAGE FAIR C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Financial Commitments

The company had no financial commitments and contingencies which are not included in the balance sheet.

CHELSFIELD VILLAGE FAIR C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Loans to directors

There have been no advances, credits or guarantees in favour of Directors during the period or subsequently.

COMMUNITY INTEREST ANNUAL REPORT

CHELSFIELD VILLAGE FAIR C.I.C.

Company Number: 11190126 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

It is registered as a Community Interest Company and exists for purposes of public benefit in respect of Chelsfield Village. The principal activity is the annual Chelsfield Village Fair, held again in July 2024.

Consultation with stakeholders

The Directors consider feedback following the previous village fair and plan the subsequent fair accordingly.

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: Sharon Wright
Status: Director