for the Period Ended 31 August 2024
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
As at
| Notes | 2024 | 2023 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Fixed assets | |||
| Tangible assets: | 3 |
|
|
| Total fixed assets: |
|
|
|
| Current assets | |||
| Stocks: | 4 |
|
|
| Debtors: | 5 |
|
|
| Cash at bank and in hand: |
|
|
|
| Total current assets: |
|
|
|
| Creditors: amounts falling due within one year: | 6 |
(
|
(
|
| Net current assets (liabilities): |
( |
( |
|
| Total assets less current liabilities: |
|
|
|
| Total net assets (liabilities): |
|
|
|
| Members' funds | |||
| Profit and loss account: |
|
|
|
| Total members' funds: |
|
|
The notes form part of these financial statements
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 August 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 31 August 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 September 2023 |
|
|
|
|
||
| Additions |
|
|
||||
| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 August 2024 |
|
|
|
|
||
| Depreciation | ||||||
| At 1 September 2023 |
|
|
|
|
||
| Charge for year |
|
|
|
|
||
| On disposals | ||||||
| Other adjustments | ||||||
| At 31 August 2024 |
|
|
|
|
||
| Net book value | ||||||
| At 31 August 2024 |
|
|
|
|
||
| At 31 August 2023 |
|
|
|
|
for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Stocks |
|
|
| Total |
|
|
for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
|
|
| Total |
|
for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
|
|
| Trade creditors |
|
|
| Taxation and social security |
|
|
| Accruals and deferred income |
|
|
| Other creditors |
|
|
| Total |
|
|
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).
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.
No remuneration was received
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