FOUR COLNES - IT TAKES A VILLAGE C.I.C.

Company limited by guarantee

Company Registration Number:
14246768 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2025

Period of accounts

Start date: 1 August 2024

End date: 31 July 2025

FOUR COLNES - IT TAKES A VILLAGE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

FOUR COLNES - IT TAKES A VILLAGE C.I.C.

Balance sheet

As at 31 July 2025

Notes 2025 2024


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 40 768
Investments:   0 0
Total fixed assets: 40 768
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 204 1,539
Investments:   0 0
Total current assets: 204 1,539
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 3,139 )
Net current assets (liabilities): 204 (1,600)
Total assets less current liabilities: 244 ( 832)
Creditors: amounts falling due after more than one year: 5 ( 2,440 ) 0
Provision for liabilities: ( 7,288 )
Accruals and deferred income: 0 0
Total net assets (liabilities): (2,196) (8,120)
Members' funds
Profit and loss account: (2,196) ( 8,120)
Total members' funds: ( 2,196) (8,120)

The notes form part of these financial statements

FOUR COLNES - IT TAKES A VILLAGE C.I.C.

Balance sheet statements

For the year ending 31 July 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 28 April 2026
and signed on behalf of the board by:

Name: Catherine Dennis
Status: Director

The notes form part of these financial statements

FOUR COLNES - IT TAKES A VILLAGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 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 represents income from the sale of donated and other goods through the community shop. Income is recognised when goods are sold and the company is entitled to receive payment. Other income, including grants or donations of money, is recognised when the company is entitled to receive the funds and the amount can be measured reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation and any impairment losses. Depreciation is provided to write off the cost of assets over their expected useful economic lives. Low value items may be written off to expenses when purchased.

FOUR COLNES - IT TAKES A VILLAGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

FOUR COLNES - IT TAKES A VILLAGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2024 0 0 0 556 212 768
Additions 40 40
Disposals ( 556 ) ( 212 ) ( 768 )
Revaluations
Transfers
At 31 July 2025 0 0 0 40 0 40
Depreciation
At 1 August 2024 0 0 0 0 0 0
Charge for year
On disposals
Other adjustments
At 31 July 2025 0 0 0 0 0 0
Net book value
At 31 July 2025 0 0 0 40 0 40
At 31 July 2024 0 0 0 556 212 768

FOUR COLNES - IT TAKES A VILLAGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2025

4. Creditors: amounts falling due within one year note

  2024
  £
Other creditors 3,139
Total   3,139

FOUR COLNES - IT TAKES A VILLAGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2025

5. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Other creditors 2,440 0
Total 2,440 0

COMMUNITY INTEREST ANNUAL REPORT

FOUR COLNES - IT TAKES A VILLAGE C.I.C.

Company Number: 14246768 (England and Wales)

Year Ending: 31 July 2025

Company activities and impact

Four Colnes – It Takes a Village C.I.C. operates a volunteer-led community secondhand shop in Earls Colne. During the financial year, the company sold affordable donated goods to local residents, helping families access clothing, household items, books, toys and other essentials at low cost. In response to the ongoing cost of living pressures affecting local families, the company also sought to further support the community by making some essential items available in bulk or at low cost where possible. This helped residents access everyday goods more affordably while continuing to support the C.I.C.’s wider community purpose. The shop also provided a welcoming community space where residents could donate unwanted items, shop affordably, volunteer, reduce waste and support local good causes. The company’s activities helped promote reuse, reduce items going to landfill, and encourage community participation. The C.I.C. was run for community benefit and not for private profit. Any surplus generated was retained for the purposes of continuing and improving the community shop and supporting local community aims, particularly those connected with children, families, disability and inclusion in the local area. The directors were unpaid and the company continued to rely on volunteers and community support to deliver its activities.

Consultation with stakeholders

The company’s stakeholders include local residents, customers, donors, volunteers, local families, community groups and the wider Earls Colne community. Consultation has taken place informally through day-to-day conversations in the shop, feedback from customers and donors, volunteer discussions, social media engagement and responses from the local community. This has helped the directors understand what residents need from the shop and how the company can best support the local area. As a result of stakeholder feedback and local need, the company continued to offer low-cost secondhand goods and also sought to provide some essential items in bulk or at a much lower cost where possible, particularly in response to cost of living pressures. Feedback from the community also helped shape the way the shop was run, including the types of items prioritised, affordability, accessibility and the wider community support offered.

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
25 April 2026

And signed on behalf of the board by:
Name: Catherine Dennis
Status: Director