SANDWICH SOCIAL SUPERMARKET CIC

Company limited by guarantee

Company Registration Number:
13052443 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

SANDWICH SOCIAL SUPERMARKET CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

SANDWICH SOCIAL SUPERMARKET CIC

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The company's principal activity during the year continued to be the supply of food from the charity Fareshare to its members for a weekly membership payment.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Nicholas Gray
Anne Fox
Daniel lang
Danielle Sivrikaya
David Wood


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
7 July 2025

And signed on behalf of the board by:
Name: Nicholas Gray
Status: Director

SANDWICH SOCIAL SUPERMARKET CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 11,876 11,859
Cost of sales: ( 8,278 ) ( 9,289 )
Gross profit(or loss): 3,598 2,570
Administrative expenses: ( 3,359 ) ( 2,656 )
Operating profit(or loss): 239 (86)
Profit(or loss) before tax: 239 (86)
Profit(or loss) for the financial year: 239 (86)

SANDWICH SOCIAL SUPERMARKET CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 582 343
Total fixed assets: 582 343
Current assets
Stocks: 4 547 355
Cash at bank and in hand: 9,095 7,149
Total current assets: 9,642 7,504
Creditors: amounts falling due within one year: 5 ( 8,176 ) ( 6,038 )
Net current assets (liabilities): 1,466 1,466
Total assets less current liabilities: 2,048 1,809
Total net assets (liabilities): 2,048 1,809
Members' funds
Profit and loss account: 2,048 1,809
Total members' funds: 2,048 1,809

The notes form part of these financial statements

SANDWICH SOCIAL SUPERMARKET CIC

Balance sheet statements

For the year ending 31 March 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 7 July 2025
and signed on behalf of the board by:

Name: Nicholas Gray
Status: Director

The notes form part of these financial statements

SANDWICH SOCIAL SUPERMARKET CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    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, as follows Fixtures, fittings, tools and equipment over 5 years

    Other accounting policies

    Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

SANDWICH SOCIAL SUPERMARKET CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

SANDWICH SOCIAL SUPERMARKET CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 670 670
Additions 384 384
Disposals
Revaluations
Transfers
At 31 March 2025 1,054 1,054
Depreciation
At 1 April 2024 327 327
Charge for year 145 145
On disposals
Other adjustments
At 31 March 2025 472 472
Net book value
At 31 March 2025 582 582
At 31 March 2024 343 343

SANDWICH SOCIAL SUPERMARKET CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Stocks

2025 2024
£ £
Stocks 547 355
Total 547 355

SANDWICH SOCIAL SUPERMARKET CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 406 162
Accruals and deferred income 7,770 5,876
Total 8,176 6,038

COMMUNITY INTEREST ANNUAL REPORT

SANDWICH SOCIAL SUPERMARKET CIC

Company Number: 13052443 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

The company runs the Sandwich Pantry which is a membership scheme to supply good quality food from the charity Fareshare for a weekly membership subscription. Members must report a qualifying need for support such as the receipt of Universal Credit, Pensioner Credit, sudden job loss, difficulty paying rent and utilities etc and will receive food to a minimum value of £15/week for a £5 weekly subscription. In essence, they must find the cost of regular shops prohibitive. Grants and regular donations make up the rest of the SSS CIC income which enables the Pantry to supplement the Fareshare offer which, due to pressure on their services, continue to be less reliable. The company’s activity for this financial period has focused on provision of its service, marketing to attract new members and applying for grants to enable the service to continue. Currently serving 25-27 weekly, although some weeks are quieter than others membership is increasing Opens once a week on Mondays between 1pm to 2.30pm. Continued to receive regular financial donations. Received regular donations of food from a local farmer. Successfully applied for several grants. Paid Fareshare promptly each month. Supplemented the food offer on a regular basis. Prepared publicity material to attract members and volunteers. Invested in training volunteers. Maintained relationships with organisations such as Sandwich Town Council, Dover District Council, Kent County Council, Age Concern Sandwich, local Drs surgeries, Kent Gleaners, and local schools. Sandwich Pantry relocated to the Jubilee to community centre in April 2024 which is not only a better location for our service but also offers the opportunity to link in with other services that will benefit our members. For example, the Citizens Advice Bureau provide a drop-in service on the same day the Pantry is open. Membership numbers dropped a little after the move but are now increasing rapidly due to the better location and word of mouth. The Pantry has received excellent support from the KCC Community Warden who also sign posts new members to the Pantry. The Company is very sad to report the death on one of its directors, Janet Yapp, to whom is owed a huge vote of thanks for her warmth, humour and very hard work supporting members and volunteers. She is missed by us all.

Consultation with stakeholders

Our stakeholders, or members, have joined the Sandwich Pantry after hearing about the service offered through our marketing and publicity campaigns, contact with schools, Doctors surgeries, Job Centres and by word of mouth. We continue to consult our members on their views on our service and how we might improve. Feedback is always very positive, and Members enjoy the new cafe service the Pantry now provide making the whole shopping experience much more social. It also allows the volunteers to get to know our members better and understand their needs.

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
7 July 2025

And signed on behalf of the board by:
Name: Anne Fox
Status: Director