CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Company limited by guarantee

Company Registration Number:
07735609 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal activities of the company

The company's principal activity during the year continued to be growing and selling fresh, locally grown vegetables and fruit for the benefit of the local community.



Directors

The directors shown below have held office during the whole of the period from
1 December 2023 to 30 November 2024

D Barry
M S Norman
J C Mellowship
D J Clarke


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
29 August 2025

And signed on behalf of the board by:
Name: D J Clarke
Status: Director

CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 47,018 54,526
Cost of sales: ( 36,140 ) ( 45,677 )
Gross profit(or loss): 10,878 8,849
Distribution costs: ( 1,950 ) ( 1,203 )
Administrative expenses: ( 9,502 ) ( 11,070 )
Other operating income: 100 500
Operating profit(or loss): (474) (2,924)
Profit(or loss) before tax: (474) (2,924)
Profit(or loss) for the financial year: (474) (2,924)

CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 5,000 7,461
Total fixed assets: 5,000 7,461
Current assets
Cash at bank and in hand: 11,228 11,321
Total current assets: 11,228 11,321
Creditors: amounts falling due within one year: 4 ( 3,193 ) ( 3,178 )
Net current assets (liabilities): 8,035 8,143
Total assets less current liabilities: 13,035 15,604
Creditors: amounts falling due after more than one year: 5 ( 2,949 ) ( 5,044 )
Total net assets (liabilities): 10,086 10,560
Members' funds
Profit and loss account: 10,086 10,560
Total members' funds: 10,086 10,560

The notes form part of these financial statements

CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Balance sheet statements

For the year ending 30 November 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.

This report was approved by the board of directors on 29 August 2025
and signed on behalf of the board by:

Name: D J Clarke
Status: Director

The notes form part of these financial statements

CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

    Turnover policy

    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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life.

CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 50,986 4,067 55,053
Additions
Disposals
Revaluations
Transfers
At 30 November 2024 50,986 4,067 55,053
Depreciation
At 1 December 2023 46,041 1,551 47,592
Charge for year 1,632 829 2,461
On disposals
Other adjustments
At 30 November 2024 47,673 2,380 50,053
Net book value
At 30 November 2024 3,313 1,687 5,000
At 30 November 2023 4,945 2,516 7,461

CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 1,663
Other creditors 1,530 3,178
Total 3,193 3,178

CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

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

2024 2023
£ £
Other creditors 2,949 5,044
Total 2,949 5,044

COMMUNITY INTEREST ANNUAL REPORT

CAMEL COMMUNITY SUPPORTED AGRICULTURE CIC

Company Number: 07735609 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

In 2023-2024, we have maintained good membership levels throughout the year and, therefore, maintained good veg box outputs. Fulfilling the box numbers has resulted in significantly lower service provider costs than in previous years. We suffered the loss of 2 polytunnel skins during 2 storms. This resulted in the cost of replacing the skins. We needed to wait for ideal weather conditions to be able to install. This meant we were delayed in planting in the polytunnels and this had an adverse effect for the rest of the year. Despite these factors, the overall result for the year was a closing loss of £474 on the year, and an end-of-year bank balance of £11,228 that provides a good start point for 2024-2025. We continue to benefit from the automated software solution Smartsheets that gives real time visibility and when any financial decisions are required the core management team has the information they need to make informed decisions. A small increase to all veg box subscriptions introduced in November. In 2023-2024, we maintained a lower than previous year weekly output, averaging 55 boxes per week. This was lower than originally budgeted and adjusted mid-year. We started the year on 38 boxes for small and 29 standard going out, then we saw the standards and smalls equal out around midyear. In fact, Standard boxes remain more than Small boxes from 1739 to 1599. This measure is important as it drives our budgetary model each year we use it to predict income and buying-in costs, as well as helping our Growers to plan their planting and cropping schedules. Our waiting list of potential members is again at an all-time low, we continued to promote the Camel CSA on social media, and also advertised in the Wadebridge Cricket Club annual booklet. We need to revisit a marketing campaign to increase our waiting list and also member list. Actual income was a steady line throughout the year, although this does not reflect the budget, overall we fared better than anticipated through the latter part of the year. The overall result was a loss of £474 over the year. The service provider costs would have been higher than expected, yet change of circumstances using ‘ Seasonal growers’ , ‘ Site Manager/Volunteer Coordinator’ and ‘ Membership Admin’ to support overall management meant that costs have been close to budgeted. However, restoring the polytunnels, maintenance cost after storms and creating a much needed hub for our valued volunteers that was not budgeted for and combined with the lower numbers of boxes going out resulted in a loss. Considering the challenges we faced and the lack of buying in possibilities this was estimated. Veg box income for the year was down by 9.7% on last year, to £44,524, reflecting the lower veg box numbers.

Consultation with stakeholders

The Company’s stakeholders are local residents, living within a ten-mile radius of the project. Apart from the Annual General Meeting, no formal consultations were conducted in 2024. Members continue to receive a weekly email keeping them in touch with developments. Our Instagram and Facebook page also attracts interest. At Treraven next to a public footpath we continue to have a lot of face to face contact with the public. During the weekly picking & packing, volunteer sessions and monthly meetings the opportunity is taken to discuss plans and to consult informally on proposals concerning planting, marketing strategy and the organisation of community events.

Directors' remuneration

Directors receive remuneration in form of Subcontractor fees, see full details in our accounts: For transparency/accountability Director fees is now split out from non-director subcontractor fees on Profit & Loss. Director’s subcontractor fees for the year = £14,677.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
21 August 2025

And signed on behalf of the board by:
Name: Diana Barry
Status: Director