FROM SPRING HILL C.I.C.

Company Registration Number:
08871353 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

FROM SPRING HILL C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2025

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

FROM SPRING HILL C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2025

2025 2024


£

£
Turnover: 28,218 30,453
Cost of sales: ( 17,575 ) ( 13,346 )
Gross profit(or loss): 10,643 17,107
Administrative expenses: ( 20,768 ) ( 19,590 )
Operating profit(or loss): (10,125) (2,483)
Profit(or loss) before tax: (10,125) (2,483)
Profit(or loss) for the financial year: (10,125) (2,483)

FROM SPRING HILL C.I.C.

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 12,946 15,323
Total fixed assets: 12,946 15,323
Current assets
Debtors: 4 5,775 3,446
Cash at bank and in hand: 788 365
Total current assets: 6,563 3,811
Creditors: amounts falling due within one year: 5 ( 114,434 ) ( 103,934 )
Net current assets (liabilities): (107,871) (100,123)
Total assets less current liabilities: (94,925) ( 84,800)
Total net assets (liabilities): (94,925) (84,800)
Capital and reserves
Called up share capital: 10 10
Profit and loss account: (94,935 ) (84,810 )
Total Shareholders' funds: ( 94,925 ) (84,800)

The notes form part of these financial statements

FROM SPRING HILL C.I.C.

Balance sheet statements

For the year ending 31 January 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 22 October 2025
and signed on behalf of the board by:

Name: O J O'Dell
Status: Director

The notes form part of these financial statements

FROM SPRING HILL C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 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

FROM SPRING HILL C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 2 2

FROM SPRING HILL C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 85,716 85,716
Additions 1,939 1,939
Disposals
Revaluations
Transfers
At 31 January 2025 87,655 87,655
Depreciation
At 1 February 2024 70,393 70,393
Charge for year 4,316 4,316
On disposals
Other adjustments
At 31 January 2025 74,709 74,709
Net book value
At 31 January 2025 12,946 12,946
At 31 January 2024 15,323 15,323

FROM SPRING HILL C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Debtors

2025 2024
£ £
Prepayments and accrued income 3,000 3,000
Other debtors 2,775 446
Total 5,775 3,446

FROM SPRING HILL C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Other creditors 114,434 103,934
Total 114,434 103,934

COMMUNITY INTEREST ANNUAL REPORT

FROM SPRING HILL C.I.C.

Company Number: 08871353 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

Veg boxes Similar to last year, our veg box scheme continues to grow incrementally, expanding in both in area and flexibility. We still provide smaller sized veg boxes for single people living on their own, at an affordable cost but we now also offer a bespoke build-your-own box to reduce potential food wastage. This has proved really popular and has encouraged some new customers to join the scheme who may have food intolerances. We continue to develop relationships with our older customers and provide a small amount of additional support when we deliver to them – if this is required. It might be lifting or moving something, or in the case of one customer, picking them up from a hospital appointment when they were struggling with transportation. Other Selling Activities We still attend three local Farmers Markets, held monthly in the local area to broaden our profile and to seek out new veg box scheme members Local residents appreciate the opportunity to purchase goods direct from the provider and many are older, so are limited in some opportunities to travel. We have established a presence and relationships with many new customers in these towns and income is constant. We have secured a new partnership to scale up our microgreens part of the business. We are working with Good Food Oxford to develop a local Microgreens offer for Oxford University Chefs. We have been awarded grant funding to install a 40ft climate-controlled shipping container so that we can scale-up and grow on site. This will be installed and developed next financial year (2025-2026). This will be valuable in terms of revenue, particular during the off-season but it will also enable us to introduce a new teaching element to our STEM programme. Volunteer hours Our volunteer hours again totalled over 1000 in the past twelve months. Our continued philosophy is that we engage with individuals by including them in our weekly working commitments so that they feel included, valued and useful to the business. We have learnt that this elicits more mutual reward than tasks created specifically for the purposes of individual engagement. The individual gains an insight into our commercial aspirations, a healthy working environment outdoors and a period of time engaging with nature. All of this has both mental and physical health benefits. The scope and extent of the physical exercise required is carefully managed to the capabilities of the individual. Our volunteer opportunities included school work-experience, individuals looking for learning opportunities and a general desire to contribute positively to a local innovative enterprise. We also worked closely with a Postgraduate studying Food Policy, engaging her intellect and research and working with her to teach one of our primary school visits. We adapted our support for the local community due to increased sales and less surplus produce. Instead, we now donate hours to the Community Larder scheme operated by a local charity organisation. We have a large vehicle so we provide the collection and sorting of surplus food donated daily by local supermarkets. This scheme supports a lot of local people who are struggling with the pressures of life and need a helping hand with food and other essential items. Improvements to Infrastructure We were successful in securing grant funding from the local authority for levelling-up funding targeted at sustainable businesses. We have installed 10kW of solar PV and 10kW of battery storage that will provide seasonal proportions of the power needs for both our aquaponic system and the new Microgreens shipping container. The system was installed in November 2024. It is a big jump for us in terms of increased sustainability and an added element to our STEM teaching. It will also reduce our annual utility spend. Primary school STEM programme Our primary (KS2) school visit programme has continued, incorporating STEM teaching linked to horticulture and aquaponics production. The challenge with this programme is cost as schools are struggling to afford the rising costs of coach hire which can be as much as £500 for a 40 seater vehicle for one class and accompanying adults. Feedback from visits is again positive and we continue to have repeat visits from individual schools. We also act on suggestions for additional content. Our new element focussing on gut health, in line with the growing research on this subject, proves popular. This is linked strongly to our fresh produce activities and microgreens growing. Work experience and Older Learning This year we worked with a postgraduate studying Food Policy at Reading University. This is a critical emerging Government debate, with a Policy Paper for a UK Food Strategy being published in July 2025. Working with Nelleke has allowed us to objectively evaluate our education programme, in which she acted as support teacher on one school visit.

Consultation with stakeholders

We conducted a survey of our scheme members last year so there was no need to repeat this in such a short space of time. If a customer leaves our veg box scheme we endeavour to complete an exit interview. Only two customers left this year – one due to cost of living pressures and the second due to moving out of the area – so neither a reflection on satisfaction. We continue to talk extensively to our customers – predominantly face-to-face when we deliver or at Farmers’ Markets. This provides honest feedback and a useful dialogue with which to sustain and build our business. We also pick up new veg box scheme members by recommendation only – which is indicative of satisfaction with our service.

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
22 October 2025

And signed on behalf of the board by:
Name: O J O'Dell
Status: Director