MOSELEY FARMERS MARKET CIC

Company limited by guarantee

Company Registration Number:
06409264 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

MOSELEY FARMERS MARKET CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

MOSELEY FARMERS MARKET CIC

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

To arrange and enable the operation of a monthly Farmers' Market on and around the village green in Moseley Birmingham.

Political and charitable donations

THere were no charitable donations during 2024.



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

David Isgrove
Isabel Knowles
Radley Russell
Jill Adams


Secretary Jill Adams

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
9 April 2025

And signed on behalf of the board by:
Name: David Isgrove
Status: Director

MOSELEY FARMERS MARKET CIC

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 33,951 32,796
Cost of sales: ( 30,341 ) ( 29,649 )
Gross profit(or loss): 3,610 3,147
Administrative expenses: ( 4,334 ) ( 3,173 )
Operating profit(or loss): (724) (26)
Profit(or loss) before tax: (724) (26)
Profit(or loss) for the financial year: (724) (26)

MOSELEY FARMERS MARKET CIC

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Current assets
Stocks: 3 1,448 0
Debtors: 4 0 525
Cash at bank and in hand: 10,000 2,701
Total current assets: 11,448 3,226
Creditors: amounts falling due within one year: 5 ( 10,554 ) ( 1,607 )
Net current assets (liabilities): 894 1,619
Total assets less current liabilities: 894 1,619
Total net assets (liabilities): 894 1,619
Members' funds
Profit and loss account: 894 1,619
Total members' funds: 894 1,619

The notes form part of these financial statements

MOSELEY FARMERS MARKET CIC

Balance sheet statements

For the year ending 31 December 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 9 April 2025
and signed on behalf of the board by:

Name: David Isgrove
Status: Director

The notes form part of these financial statements

MOSELEY FARMERS MARKET CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

MOSELEY FARMERS MARKET CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

    No-one is employed. All are volunteers.

MOSELEY FARMERS MARKET CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Stocks

2024 2023
£ £
Stocks 1,448 0
Total 1,448 0

MOSELEY FARMERS MARKET CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 0 0
Other debtors 0 525
Total 0 525
Debtors due after more than one year: 0 0

MOSELEY FARMERS MARKET CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 7,305 1,607
Other creditors 3,249
Total 10,554 1,607

COMMUNITY INTEREST ANNUAL REPORT

MOSELEY FARMERS MARKET CIC

Company Number: 06409264 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

The C-I-C has organised a monthly Farmers' Market in the centre of the community of Moseley in Birmingham for the last 25 years, winning Best Farmers' Market three times. It enables the community to access fresh, good quality, healthy food produced by farmers operating within 50 miles of Birmingham. It provides a meeting place for residents and also draws people into the community from elsewhere in the city and thus benefits the owners of other shops in the area. Its surplus funds are devoted to community benefit, providing a large Christmas tree on the village green with a fine display of lights each year and making grants to community activities when funds are available (not in 2024).

Consultation with stakeholders

Birmingham City Council both issues a Market Licence and an order for Road Closure. The C-I-C is in constant communication with city officials to enable the regular existence of the market. The market would not exist if the farmers who rent stalls were not satisfied with the quality of the administration provided by the C-I-C. Any concerns are always listened to and where necessary, promptly dealt with.

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
9 April 2025

And signed on behalf of the board by:
Name: David Isgrove
Status: Director