for the Period Ended 31 December 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2025
Principal activities of the company
Directors
The director shown below has held office during the period of
6 May 2025
to
31 December 2025
The director shown below has held office during the period of
6 April 2025
to
31 December 2025
The directors shown below have held office during the whole of the period from
19 August 2024
to
31 December 2025
The director shown below has held office during the period of
19 August 2024
to
4 November 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 16 months to 31 December 2025 | ||
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| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Administrative expenses: |
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| Operating profit(or loss): |
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| Profit(or loss) for the financial year: |
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As at
| Notes | 16 months to 31 December 2025 | ||
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Current assets | |||
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 4 |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2025
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 December 2025
| 16 months to 31 December 2025 | ||
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| Average number of employees during the period |
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for the Period Ended 31 December 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
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| At 31 December 2025 |
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| At 31 December 2025 |
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| At 31 December 2025 |
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for the Period Ended 31 December 2025
| 16 months to 31 December 2025 | ||
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| £ | ||
| Trade creditors |
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| Accruals and deferred income |
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| Total |
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At the formation of the CIC we described this organisation as there to benefit the Parish of Northam and the surrounding local community. Although the coffee shop/cafe has been able to fill a gap where there was no cafe in this community, it has also become the sort of venue we had hoped it would be – a place to meet friends or to simply be with others in a comfortable environment. We now have many groups who meet on a regular weekly or monthly basis throughout the week. This includes ‘Maggies Maids’ (a group for widows and those coping with the loss of their partner), groups who crochet, natter, do Ti Chi, play kettle bells, do chair yoga or swimming, a book club, walking groups, Friday Fellowship (where there are people from the congregation there to talk if needed). We also occasionally see local library staff and staff from a local charity shop. Each month there is either a Quiz or Bingo Saturday afternoon too. Outside of the above, the cafe is very much now part of the community as it can offer refreshment facilities for large events such as MayFair, the Christmas Fair and funerals or other church services, such as the civic carol service. Another role this cafe has is how it is run. The cafe is run by a group of dedicated retired ladies as volunteers. They are helped by others who have some disabilities and special needs. Some who come with their carers. It gives them a chance to be part of their local community and the opportunity to be part of something. The youngest volunteer is seventeen years old. During the first part of this accounting period we chose to support the local foodbank called ‘Harbour, Bideford’ by donating around £200 each month. There was also an opportunity to support ‘Families in Grief’ and one of the local church schools too. At the beginning of the 2025-26 tax year it was decided that the cafe would support the cost to the Parish of the ‘Children and Families Support Officer’ and so 50% of these costs was donated to the PCC from April 2025 to December 2025.
The ‘stakeholders’ of coffee@maggies are the directors, the manager and other volunteers who run it day-to-day, and all of the people, visitors and from the local community, who frequent the coffee shop. The directors are also the members of the PCC and so within the regular PCC meeting any relevant subjects are discussed here. In addition, there is an Entertainments Committee where the volunteer manager of coffee@maggies has been co-opted, which also involves discussions relating to the running of the cafe and how it will be involved in events etc. Finally, if there is anything, such as the recruitment of further volunteers which happened recently, that needs to be done in relation to the cafe, we will use posters and fliers to inform those who frequent the cafe which enables them to have their say or to help in any way they can. Involving all of the stakeholders has meant that in the last twelve months coffee@maggies has introduced ‘Savoury Lunchtimes’ on a couple of days a week and a range of cold drinks alongside usual hot drinks. We have also been able to increase prices slightly to cover cost increases.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
19 May 2026
And signed on behalf of the board by:
Name: MRS JOANNA BERRY
Status: Director