BOWDEN SPRINGS FARM CIC

Company limited by guarantee

Company Registration Number:
14333103 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

BOWDEN SPRINGS FARM 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

BOWDEN SPRINGS FARM 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

Social enterprise market garden



Directors

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

O H Capadose
Z Ives
J Skuse
J A Wulff
P C Mehew


The director shown below has held office during the period of
22 May 2024 to 30 September 2024

N B Einbinder


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
27 March 2025

And signed on behalf of the board by:
Name: O H Capadose
Status: Director

BOWDEN SPRINGS FARM CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024 13 months to 30 September 2023


£

£
Turnover: 5,568 6,014
Cost of sales: ( 5,636 ) ( 1,921 )
Gross profit(or loss): (68) 4,093
Administrative expenses: ( 24,414 ) ( 8,526 )
Other operating income: 21,648 13,318
Operating profit(or loss): (2,834) 8,885
Interest payable and similar charges: ( 12 )
Profit(or loss) before tax: (2,846) 8,885
Tax: 510 ( 1,699 )
Profit(or loss) for the financial year: (2,336) 7,186

BOWDEN SPRINGS FARM CIC

Balance sheet

As at 30 September 2024

Notes 2024 13 months to 30 September 2023


£

£
Fixed assets
Tangible assets: 3 4,528 0
Total fixed assets: 4,528 0
Current assets
Debtors: 4 610 2,665
Cash at bank and in hand: 1,689 8,377
Total current assets: 2,299 11,042
Creditors: amounts falling due within one year: 5 ( 1,977 ) ( 3,856 )
Net current assets (liabilities): 322 7,186
Total assets less current liabilities: 4,850 7,186
Total net assets (liabilities): 4,850 7,186
Members' funds
Profit and loss account: 4,850 7,186
Total members' funds: 4,850 7,186

The notes form part of these financial statements

BOWDEN SPRINGS FARM 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 25 March 2025
and signed on behalf of the board by:

Name: O H Capadose
Status: Director

The notes form part of these financial statements

BOWDEN SPRINGS FARM 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

    Turnover policy

    Turnover comprises income received from grants and sales of produce.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives

    Other accounting policies

    Other accounting policies Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly to equity.

BOWDEN SPRINGS FARM CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 13 months to 30 September 2023
    Average number of employees during the period 6 4

BOWDEN SPRINGS FARM CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 0 0
Additions 4,684 4,684
Disposals
Revaluations
Transfers
At 30 September 2024 4,684 4,684
Depreciation
At 1 October 2023 0 0
Charge for year 156 156
On disposals
Other adjustments
At 30 September 2024 156 156
Net book value
At 30 September 2024 4,528 4,528
At 30 September 2023 0 0

BOWDEN SPRINGS FARM CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

2024 13 months to 30 September 2023
£ £
Trade debtors 100 100
Other debtors 510 2,565
Total 610 2,665

BOWDEN SPRINGS FARM CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

2024 13 months to 30 September 2023
£ £
Taxation and social security 0 3,156
Accruals and deferred income 770 700
Other creditors 1,207
Total 1,977 3,856

COMMUNITY INTEREST ANNUAL REPORT

BOWDEN SPRINGS FARM CIC

Company Number: 14333103 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

We are a market garden, flower farm and social enterprise. Our aim is to provide a creative, welcoming space, where people can connect with nature, themselves and the community. We provide our community and local businesses with fruit, veg and flowers and in the summer we host workshops, events and open days. We also work with local charities and funders running gardening sessions and nature connection groups

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Remuneration received £18570

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
26 March 2025

And signed on behalf of the board by:
Name: Olivia Capadose
Status: Director