DARTINGTON MILL CIC

Company Registration Number:
11822999 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 29 February 2024

End date: 28 February 2025

DARTINGTON MILL CIC

Contents of the Financial Statements

for the Period Ended 28 February 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

DARTINGTON MILL CIC

Directors' report period ended 28 February 2025

The directors present their report with the financial statements of the company for the period ended 28 February 2025

Directors

The directors shown below have held office during the whole of the period from
29 February 2024 to 28 February 2025

Mr Paul Christopher Mehew
Jonathan Henry Perkin
Lynne Ann Perkin
Ms Marina Joy Brown-O'Connell
Sophy Harrison-Allen
Daniel Mifsud


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
15 August 2025

And signed on behalf of the board by:
Name: Mr Paul Christopher Mehew
Status: Director

DARTINGTON MILL CIC

Profit And Loss Account

for the Period Ended 28 February 2025

2025 2024


£

£
Turnover: 5,493 2,162
Cost of sales: ( 2,931 ) ( 7,601 )
Gross profit(or loss): 2,562 (5,439)
Distribution costs: ( 1,339 ) ( 1,740 )
Administrative expenses: ( 4,328 ) ( 4,479 )
Operating profit(or loss): (3,105) (11,658)
Interest receivable and similar income: 500
Interest payable and similar charges: ( 538 ) ( 195 )
Profit(or loss) before tax: (3,643) (11,353)
Tax: ( 838 ) 689
Profit(or loss) for the financial year: (4,481) (10,664)

DARTINGTON MILL CIC

Balance sheet

As at 28 February 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 15,293 11,022
Total fixed assets: 15,293 11,022
Current assets
Debtors: 4 2,914 1,812
Cash at bank and in hand: 1,681 786
Total current assets: 4,595 2,598
Creditors: amounts falling due within one year: 5 ( 9,794 ) ( 8,062 )
Net current assets (liabilities): (5,199) (5,464)
Total assets less current liabilities: 10,094 5,558
Creditors: amounts falling due after more than one year: 6 ( 24,714 ) ( 16,535 )
Provision for liabilities: ( 2,906 ) ( 2,068 )
Total net assets (liabilities): (17,526) (13,045)
Capital and reserves
Called up share capital: 6 6
Profit and loss account: (17,532 ) (13,051 )
Total Shareholders' funds: ( 17,526 ) (13,045)

The notes form part of these financial statements

DARTINGTON MILL CIC

Balance sheet statements

For the year ending 28 February 2025 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 13 August 2025
and signed on behalf of the board by:

Name: Mr Paul Christopher Mehew
Status: Director

The notes form part of these financial statements

DARTINGTON MILL CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 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

    2.2. Turnover Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated value, over their expected useful lives on the following bases: Plant & Machinery Straight Line

    Other accounting policies

    2.4. Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

DARTINGTON MILL CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 6 6

DARTINGTON MILL CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 29 February 2024 23,192 23,192
Additions 7,000 7,000
Disposals
Revaluations
Transfers
At 28 February 2025 30,192 30,192
Depreciation
At 29 February 2024 12,170 12,170
Charge for year 2,729 2,729
On disposals
Other adjustments
At 28 February 2025 14,899 14,899
Net book value
At 28 February 2025 15,293 15,293
At 28 February 2024 11,022 11,022

DARTINGTON MILL CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Debtors

2025 2024
£ £
Trade debtors 2,914 1,812
Total 2,914 1,812

DARTINGTON MILL CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 8,900 7,703
Taxation and social security 420 197
Other creditors 474 162
Total 9,794 8,062

DARTINGTON MILL CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

6. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Bank loans and overdrafts 24,714 16,535
Total 24,714 16,535

COMMUNITY INTEREST ANNUAL REPORT

DARTINGTON MILL CIC

Company Number: 11822999 (England and Wales)

Year Ending: 28 February 2025

Company activities and impact

Supporting the farming community by offering a good price for wheat for milling. Supporting the local baking community with the occasional donations of flour. Community events that use the flour in offerings of food.

Consultation with stakeholders

Beginning to build a community of bakers and investors to help with the overall running of the mill.

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
14 July 2025

And signed on behalf of the board by:
Name: Mr Paul Mehew
Status: Director