for the Period Ended 31 October 2024
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2024 | 2023 | |
|---|---|---|
|
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£ |
£ |
| Turnover: |
|
|
| Cost of sales: |
(
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| Gross profit(or loss): |
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| Administrative expenses: |
(
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(
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| Other operating income: |
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| Operating profit(or loss): |
|
( |
| Interest payable and similar charges: |
(
|
(
|
| Profit(or loss) before tax: |
|
( |
| Tax: |
(
|
|
| Profit(or loss) for the financial year: |
|
( |
As at
| Notes | 2024 | 2023 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Fixed assets | |||
| Tangible assets: | 3 |
|
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 4 |
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| Cash at bank and in hand: |
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|
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| Total current assets: |
|
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| Creditors: amounts falling due within one year: | 5 |
(
|
(
|
| Net current assets (liabilities): |
( |
( |
|
| Total assets less current liabilities: |
|
|
|
| Creditors: amounts falling due after more than one year: | 6 |
(
|
(
|
| Provision for liabilities: |
(
|
||
| Total net assets (liabilities): |
|
( |
|
| Members' funds | |||
| Profit and loss account: |
|
( |
|
| Total members' funds: |
|
( |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 October 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 31 October 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 November 2023 |
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| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 October 2024 |
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| Depreciation | ||||||
| At 1 November 2023 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments |
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| At 31 October 2024 |
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| Net book value | ||||||
| At 31 October 2024 |
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| At 31 October 2023 |
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for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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| Total |
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for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
|
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| Trade creditors |
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| Taxation and social security |
|
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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|
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
|
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| Total |
|
|
Facilities and infrastructure The farm has undergone considerable development to enable the multiple occupancy tenancy approach to be expanded, currently supporting new entrants into the Agri-food sector the farm is home to 19 micro enterprises. Volunteering The farm continues to support people from the local community through volunteering, many of which suffer high levels of deprivation and have various health conditions, predominantly mental health. Schools The farm is now working with local schools to support students who are struggling to engage with mainstream education. Over 80 young people have accessed activities within the market garden, tree nursery and orchard. The results reflect similar feedback from the previous year showing improved behaviour, attendance, and results in core subjects, but most importantly confidence. Education The farm is now providing supported internships through the multiple tenants across the site. This is due to expand in the coming year. Food distribution The food hub at the farm is now distributing surplus food to community groups across mid-Cornwall, with plans to expand the offering to a wider geographical area in the coming years.
Consultation is continuous and ongoing and includes engagement, discussion and feedback from: Cornwall Council A wide range of community organisations Fareshare SW Trussel Trust Local schools Pentreath Volunteer Cornwall Local PCNs NHS Foundation Trust Consultation on how we can improve the services to support beneficiaries, and to start to shape services around supporting the NHS to deliver in more community settings, including farms.
The total amount received by directors in respect of qualifying services was £55,098 There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
18 April 2025
And signed on behalf of the board by:
Name: Luke Berkeley
Status: Director