for the Period Ended 31 October 2024
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 October 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 November 2023
to
31 October 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2024 | 2023 | |
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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| Gross profit(or loss): |
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| Administrative expenses: |
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| Operating profit(or loss): |
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| Interest receivable and similar income: |
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| Profit(or loss) before tax: |
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| Profit(or loss) for the financial year: |
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( |
As at
| Notes | 2024 | 2023 | |
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£ |
£ |
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| 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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| Investments: | 5 |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 6 |
(
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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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 | |
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| Average number of employees during the period |
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for the Period Ended 31 October 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 November 2023 |
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| Disposals | ||||||
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| 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 | ||||||
| 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 | |
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| £ | £ | |
| Other debtors |
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| Total |
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for the Period Ended 31 October 2024
We do not intend to sell these investements
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Other creditors |
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| Total |
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Incredible Surplus CIC has continued to work with and to support the wide variety of groups, organisations and individuals across Birmingham, the Black Country and Solihull who are working to help everyone access safe, healthy food and other items that would otherwise go to landfill. Over the year November 2023 to October 2024 we intercepted 218.22 tonnes of surplus (mostly food) from supermarkets, online shopping distribution centres, allotments and donations from individuals or smaller businesses. 3 of our 4 vehicles that are used on a daily basis are electric vehicles which means our emissions are lower than if we used vehicles powered by fossil fuels. We have a volunteer base of approximately 140 people. This year 42 of our volunteers who help in the food handling part of our organisation have completed Level 2 Food Safety For Retail or Level 2 Food Safety For Catering training which ensures Incredible Surplus CIC is operating in a safe and legally compliant way but also potentially helps those individuals that are hoping to move on to work. We ran a short programme (4 x 2 hour sessions) of Digital Skills Training for the community in Ladywood at the Health and Community Centre, engaging people who have difficulty accessing online services. We ran over 800 hours of volunteer allotment sessions across the year at our allotments where volunteers made compost and learnt to grow & look after fruit & vegetables & harvested them too. The produce helped to feed our community.
Incredible Surplus CIC has a diverse range of stakeholders, each playing a vital role in our exsistence. Some of our most important stakeholders are our individual customers who benefit directly from our distribution sessions. We engage with them face to face on a day to day basis at our distribution sessions but we also ask them to tell us how they feel about what we do and how it helps them and could help them more. We have used very simple questionnaires to find out some background information about them and have learned that many of our customers are on fixed incomes (pensions/benefits), live in households where there are multiple generations living together, and where there are older people or people with disabilities. Some are willing to travel significant distances to access our services and other low cost/free food options. Some of our customers do not have cooking facilities available to them where they live. We found out that many are struggling with accessing personal hygiene products and clothes washing detergent so we have pursued ways to access larger amounts of these products than we get through surplus donations. Our operations are also significantly supported by a wide array of organisations and individuals who provide surplus food. This vital network includes major supermarkets, local shops, businesses, other allotments, and generous individuals. Their contributions are fundamental to our ability to serve the community and we work hard to ensure we maintain positive relationships that are open and flexible enough to suit all parties needs. Relationships with the larger supermarkets are slightly different in that most use an online "intermediary" platform to manage the relationship between groups like us and the big supermarkets. Our volunteer collectors meet the managers and staff of supermarkets everyday so have been able to develop good working relationships but the online organisations are more difficult to build relationships with as they are by their nature remote and tend to rely on teams of people . We have invited managers and groups from several of our supermarket partners to visit us and so far groups from Aldi and Lidl have done so, resulting in positive learning about each other's organisations and improved communications. No one from the online platforms has visited us as yet but we are in regular communication with them.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
6 July 2025
And signed on behalf of the board by:
Name: Ann Marie Gallagher
Status: Director