METFIELD STORES C.I.C.

Company Registration Number:
05668382 (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

METFIELD STORES C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

METFIELD STORES C.I.C.

Balance sheet

As at 31 March 2025

Notes 2025 2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,236 1,844
Investments:   0 0
Total fixed assets: 1,236 1,844
Current assets
Stocks: 4 12,767 12,824
Debtors: 5 985 3,178
Cash at bank and in hand: 50,409 49,210
Investments:   0 0
Total current assets: 64,161 65,212
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 6,656 ) ( 8,662 )
Net current assets (liabilities): 57,505 56,550
Total assets less current liabilities: 58,741 58,394
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 58,741 58,394
Capital and reserves
Called up share capital: 23,941 23,934
Share premium account: 82 82
Other reserves: 0 0
Profit and loss account: 34,718 34,378
Total Shareholders' funds: 58,741 58,394

The notes form part of these financial statements

METFIELD STORES C.I.C.

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.

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 26 May 2025
and signed on behalf of the board by:

Name: Paul Smith
Status: Director

The notes form part of these financial statements

METFIELD STORES C.I.C.

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 Section 1A (Small Entities) of Financial Reporting Standard 102

METFIELD STORES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 1 1

METFIELD STORES C.I.C.

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 4,923 13,083 6,492 24,498
Additions
Disposals ( 387 ) ( 387 )
Revaluations
Transfers
At 31 March 2025 4,923 13,083 6,105 24,111
Depreciation
At 1 April 2024 4,870 12,060 5,724 22,654
Charge for year 254 189 443
On disposals ( 222 ) ( 222 )
Other adjustments
At 31 March 2025 4,870 12,314 5,691 22,875
Net book value
At 31 March 2025 53 769 414 1,236
At 31 March 2024 53 1,023 768 1,844

METFIELD STORES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Stocks

2025 2024
£ £
Stocks 12,767 12,824
Total 12,767 12,824

METFIELD STORES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Debtors

2025 2024
£ £
Trade debtors 985 3,178
Prepayments and accrued income 0 0
Other debtors 0 0
Total 985 3,178
Debtors due after more than one year: 0 0

METFIELD STORES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 3,808 4,084
Taxation and social security 1,899 2,171
Accruals and deferred income 465 380
Other creditors 484 2,027
Total 6,656 8,662

COMMUNITY INTEREST ANNUAL REPORT

METFIELD STORES C.I.C.

Company Number: 05668382 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Metfield Stores provides a vital service to the local community with the provision of a wide selection of local and general foods. The store is run by a paid manager and a varying number of volunteers who man the store over each day of the week. It is a central source of information and due to the supportive nature of the village it ensures that the most vulnerable villagers can be assisted.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £21,000. 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
26 May 2025

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