LIFLAD CIC

Company limited by guarantee

Company Registration Number:
15288351 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 16 November 2023

End date: 30 November 2024

LIFLAD CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

LIFLAD CIC

Profit And Loss Account

for the Period Ended 30 November 2024

12 months to 30 November 2024


£
Turnover: 11,525
Cost of sales: ( 12,584 )
Gross profit(or loss): (1,059)
Operating profit(or loss): (1,059)
Profit(or loss) before tax: (1,059)
Tax: 0
Profit(or loss) for the financial year: (1,059)

LIFLAD CIC

Balance sheet

As at 30 November 2024

Notes 12 months to 30 November 2024


£
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

LIFLAD 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 16 July 2025
and signed on behalf of the board by:

Name: Zoe Gilbertson
Status: Director

The notes form part of these financial statements

LIFLAD 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

LIFLAD CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    12 months to 30 November 2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

LIFLAD CIC

Company Number: 15288351 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

Liflad’s overall purpose is to develop strategy and practice to enable low energy, local livelihoods rooted in nature and community. To the end of November 2024 the following activities took place towards this aim: We researched, wrote and published several reports about the development of localised fibre and textiles infrastructure and supplies chains for the UK. This included flax (linen), hemp and wool. We developed and launched www.bastfibrecommons.org to share research and learnings about bast fibres across Europe. We also managed the UK Bast Fibre Network, a group of practitioners who regularly meet and digitally exchange information about this newly developing subject. We launched a substack and developed a website to communicate the work we are doing. www.liflad.co.uk We also spoke on various podcasts and talked at events such as Groundswell and Land Alive. We hosted 4 placement students for Schumacher College to support students on the Ecological Design Thinking MA. We held a session for SW England Fibre and textile stakeholders to assess stakeholder feedback and how to best support the region. A report on how to best distribute funding from the Trellis Foundation was produced. These activities have benefited the newly developing fibre and textile community in South West England and the UK.

Consultation with stakeholders

Although our remit is quite broad, specific stakeholders of Liflad could be broadly defined as the fibre and textile community of the South West England and those who work with bast fibres and more specifically flax. On November 26th 2024, stakeholders from across the South West were brought together by Liflad in Exeter to discuss how to support fibre production and processing in this region with an aim to distribute funding from the Trellis Foundation. All participants understand that there is a lack of fibre processing capacity, particularly in relation to hemp and flax. They also understand the value and potential of wool. Participants were invited to consider how they would like to see the region develop in relation to fibre processing – for example, through cooperative infrastructure or facilities for developing innovative, exemplar products. We also sought understanding around priorities, communicating visions for the future, and developing collaborative enterprise that can harness the very particular land-related, ecological energy of the South West. Outcomes from the stakeholder meeting, mapping of existing capacity, combined with extensive prior research into small-scale bast fibre bioregional activity and innovation has produced a set of recommendations that will be supported to progress in 2025. The long-term intention is to provide a replicable bioregional material development model that could ultimately support fibre stakeholders in other areas across the UK. We also consult members of the UK Bast Fibre Network on a regular basis, informally via a Signal group to inform our priorities.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services £481. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 July 2025

And signed on behalf of the board by:
Name: Harriet Emerson
Status: Director