BRIGHTSTORE CIC

Company limited by guarantee

Company Registration Number:
13726536 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2025

Period of accounts

Start date: 1 December 2024

End date: 30 November 2025

BRIGHTSTORE CIC

Contents of the Financial Statements

for the Period Ended 30 November 2025

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

BRIGHTSTORE CIC

Directors' report period ended 30 November 2025

The directors present their report with the financial statements of the company for the period ended 30 November 2025

Directors

The director shown below has held office during the whole of the period from
1 December 2024 to 30 November 2025

Rachel Pitts-Wicks


The director shown below has held office during the period of
1 December 2024 to 30 October 2025

Lisa Jane Shaw


The directors shown below have held office during the period of
1 December 2024 to 17 September 2025

Lewis Joseph Nyman
Siriwimon Areelertworakul


The director shown below has held office during the period of
1 December 2024 to 12 June 2025

Michele Elizabeth Spencer


The director shown below has held office during the period of
1 December 2024 to 27 March 2025

Dean Patrick James Gallagher


The director shown below has held office during the period of
12 June 2025 to 26 June 2025

Jo Emma Huntley


The director shown below has held office during the period of
27 March 2025 to 30 November 2025

Ruth Sullivan


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
3 May 2026

And signed on behalf of the board by:
Name: Rachel Pitts-Wicks
Status: Director

BRIGHTSTORE CIC

Profit And Loss Account

for the Period Ended 30 November 2025

2025 2024


£

£
Turnover: 95,772 129,442
Cost of sales: ( 42,391 ) ( 54,887 )
Gross profit(or loss): 53,381 74,555
Distribution costs: 0 0
Administrative expenses: ( 58,502 ) ( 78,897 )
Operating profit(or loss): (5,121) (4,342)
Interest receivable and similar income: 40 141
Interest payable and similar charges: 0 ( 45 )
Profit(or loss) before tax: (5,081) (4,246)
Tax: 0 1,844
Profit(or loss) for the financial year: (5,081) (2,402)

BRIGHTSTORE CIC

Balance sheet

As at 30 November 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 4,930 6,555
Investments:   0 0
Total fixed assets: 4,930 6,555
Current assets
Debtors: 4 2,017 4,290
Cash at bank and in hand: 45,321 62,723
Total current assets: 47,338 67,013
Creditors: amounts falling due within one year: 5 ( 17,312 ) ( 33,531 )
Net current assets (liabilities): 30,026 33,482
Total assets less current liabilities: 34,956 40,037
Total net assets (liabilities): 34,956 40,037
Members' funds
Profit and loss account: 34,956 40,037
Total members' funds: 34,956 40,037

The notes form part of these financial statements

BRIGHTSTORE CIC

Balance sheet statements

For the year ending 30 November 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 3 May 2026
and signed on behalf of the board by:

Name: Rachel Pitts-Wicks
Status: Director

The notes form part of these financial statements

BRIGHTSTORE CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. Turnover includes amounts received from various bodies in the form of grants.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Motor vehicles 4 years Fixtures & fittings: 5 years Computer equipment: 4 years

    Other accounting policies

    Deferred income Deferred income comprises grants received with a specific purpose or restriction. Some of these also have a requirement to return any unused grant. These grants are released to the profit and loss when the expenditure incurred. Grants without a specified use or restriction are taken to the profit and loss account on receipt.

BRIGHTSTORE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 3 5

BRIGHTSTORE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2024 869 1,441 7,080 9,390
Additions 905 905
Disposals
Revaluations
Transfers
At 30 November 2025 1,774 1,441 7,080 10,295
Depreciation
At 1 December 2024 385 680 1,770 2,835
Charge for year 400 360 1,770 2,530
On disposals
Other adjustments
At 30 November 2025 785 1,040 3,540 5,365
Net book value
At 30 November 2025 989 401 3,540 4,930
At 30 November 2024 484 761 5,310 6,555

BRIGHTSTORE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

4. Debtors

2025 2024
£ £
Trade debtors 212 63
Prepayments and accrued income 1,805 2,303
Other debtors 0 1,924
Total 2,017 4,290

BRIGHTSTORE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 2,559 2,419
Taxation and social security 167 1,034
Accruals and deferred income 480 470
Other creditors 14,106 29,608
Total 17,312 33,531

COMMUNITY INTEREST ANNUAL REPORT

BRIGHTSTORE CIC

Company Number: 13726536 (England and Wales)

Year Ending: 30 November 2025

Company activities and impact

In 2024-25 the company began the year running 3 local weekly shops in different areas of Brighton & Hove, In May, it was agreed that we would focus on the Hollingdean and Whitehawk areas of the city, and we supported our Mile Oak store to separate from BrightStore, and continue to be run by the local community, with the support of the Church of the Good Shepherd. BrightStore continued to support the store with funds from the Household Support Fund and the Mile Oak Parish Pantry is still serving its local community. In July, BrightStore opened a surplus food store and cafe in an unused space in the Hollingdean Family Hub, which provided another outlet for our surplus food, as well as expanding our reach to another part of the Hollingdean community. It proved very popular and we had over 600 customers in the 5 months to the end of the year, and plans were put in place to open on an extra day per week from the new year. The company sourced surplus food from local businesses, received surplus food from FareShare UK and purchased fresh fruit and vegetables from a local supplier in order to provide members with a good shop for a small weekly fee, while also reducing food waste. The company provided 5370 weekly shops to 425 households, averaging 117 household shops per week. We slightly increased our donation amounts to £7/£9 in April 2025, in order to cover increased running and purchasing costs, but remain a secure and cost effective service to our members. Stores are run by volunteers drawn largely from the membership, which provides a close link between the company and the communities it serves. In addition, the company was able to employ dedicated store leads to improve communication between the company, members and volunteers and improve the service offered. At the year end, the company had 3 part-time employees, all local to the city. We offered volunteer placement opportunities to both University of Brighton students, and youth offenders through the Council's Youth Justice team.

Consultation with stakeholders

Our stakeholders are our members and volunteer team members. At the end of the year we had 213 active members, and 34 volunteers. We ran in 3 locations with a membership made up of local residents. We ran a survey of our members in winter 2024. Some results from the survey: Of respondents: 75% said they had saved money; 69% said they eat better within their budget; 43% had tried new foods; 50% ate more vegetables. 54% said it made them feel more connected to others; 39% said they had made new friends; 49% learned about other services through us. Respondents rated us 4.5/5 for value for money. Some quotes: “Brightstore has been a life line when things have been really tight. The food choices are great and always lots of lovely fruit and veg. Brightstore is also a hub for the community where we can chat and get advice about other agencies. It's also really helped to chat when I've needed it. The staff are really caring” “BrightStore provides quality food and some lovely fresh produce for great value and has considerably reduced my family's food expenditure. But it is so much more to me than that as it helps me to feel less isolated and more connected to the local community. The volunteers are amazing. I wish everyone everywhere could have access to such a scheme.” We also send out a weekly email newsletter, and run a WhatsApp group for each store, where members are encouraged to share recipes and other information. Employing store leads has also allowed us to have more direct contact with members, and to allow suggestions and feedback to be communicated more easily with the organisation. Our Committee is made up of BrightStore members, volunteers and other supporters from the local community, who contribute by steering and offering advice and collaboration; and widen our reach by networking and nurturing connections throughout the city.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £21,324 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
3 May 2026

And signed on behalf of the board by:
Name: Rachel Pitts-Wicks
Status: Director