HURST FARM SOCIAL CLUB C.I.C.

Company limited by guarantee

Company Registration Number:
11044745 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

HURST FARM SOCIAL CLUB C.I.C.

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HURST FARM SOCIAL CLUB C.I.C.

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 60,090 74,447
Total fixed assets: 60,090 74,447
Current assets
Stocks: 4 2,000 18,748
Debtors: 5 215
Cash at bank and in hand: 17,316 3,065
Total current assets: 19,531 21,813
Creditors: amounts falling due within one year: 6 ( 67,050 ) ( 86,030 )
Net current assets (liabilities): (47,519) (64,217)
Total assets less current liabilities: 12,571 10,230
Total net assets (liabilities): 12,571 10,230
Members' funds
Profit and loss account: 12,571 10,230
Total members' funds: 12,571 10,230

The notes form part of these financial statements

HURST FARM SOCIAL CLUB C.I.C.

Balance sheet statements

For the year ending 31 August 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 16 July 2025
and signed on behalf of the board by:

Name: Catherine Walker
Status: Director

The notes form part of these financial statements

HURST FARM SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 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 assets are included at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Land & Buildings - 5% Fixtures & Fittings - 20% Computer equipment - 33%

HURST FARM SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 9 9

HURST FARM SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 62,937 36,036 10,849 109,822
Additions 480 480
Disposals
Revaluations
Transfers
At 31 August 2024 62,937 36,516 10,849 110,302
Depreciation
At 1 September 2023 6,294 22,127 6,954 35,375
Charge for year 3,147 7,795 3,895 14,837
On disposals
Other adjustments
At 31 August 2024 9,441 29,922 10,849 50,212
Net book value
At 31 August 2024 53,496 6,594 0 60,090
At 31 August 2023 56,643 13,909 3,895 74,447

HURST FARM SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Stocks

2024 2023
£ £
Stocks 2,000 18,748
Total 2,000 18,748

HURST FARM SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors

2024 2023
£ £
Trade debtors 215
Total 215

HURST FARM SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 21,672 54,757
Trade creditors 6,182 2,237
Taxation and social security 2,623 1,776
Accruals and deferred income 1,974 1,974
Other creditors 34,599 25,286
Total 67,050 86,030

COMMUNITY INTEREST ANNUAL REPORT

HURST FARM SOCIAL CLUB C.I.C.

Company Number: 11044745 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Hurst Farm Social Club is now open as a multi-purpose community hub for all on the estate and in nearby neighbourhoods. Our board of directors is entirely populated by residents from the estate, and additional processes have been put into place to carefully monitor its financial sustainability, enabling us to continue to keep prices affordable while maintaining a small revenue surplus, and especially considering the increases in costs. Partnership working remains important during this financial year, and the board and other stakeholders have improved the variety of activities at the Farmer's View and the Farmer's Larder community pantry (managed by Friends of Hurst Farm).

Consultation with stakeholders

The company is lead by its community, represented by the board of directors, who are all drawn from the estate and act in a voluntary capacity. These directors consult the remainder of the community on a regular basis, using formal and informal methods.

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
31 May 2025

And signed on behalf of the board by:
Name: Catherine Walker
Status: Director