LIFLAD CIC

Company limited by guarantee

Company Registration Number:
15288351 (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

LIFLAD CIC

Contents of the Financial Statements

for the Period Ended 30 November 2025

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

LIFLAD CIC

Profit And Loss Account

for the Period Ended 30 November 2025

2025 12 months to 30 November 2024


£

£
Turnover: 19,000 11,381
Cost of sales: ( 2,346 ) ( 12,131 )
Gross profit(or loss): 16,654 (750)
Distribution costs: 0 0
Administrative expenses: ( 10,037 ) ( 309 )
Other operating income: 0 0
Operating profit(or loss): 6,617 (1,059)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 6,617 (1,059)
Tax: 0 0
Profit(or loss) for the financial year: 6,617 (1,059)

LIFLAD CIC

Balance sheet

As at 30 November 2025

Notes 2025 12 months to 30 November 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 14,331 5,045
Investments:   0 0
Total current assets: 14,331 5,045
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 10,596 ) ( 7,927 )
Net current assets (liabilities): 3,735 (2,882)
Total assets less current liabilities: 3,735 ( 2,882)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 3,735 (2,882)
Members' funds
Profit and loss account: 3,735 ( 2,882)
Total members' funds: 3,735 (2,882)

The notes form part of these financial statements

LIFLAD 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 11 June 2026
and signed on behalf of the board by:

Name: Zoe Gilbertson
Status: Director

The notes form part of these financial statements

LIFLAD 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 Financial Reporting Standard 101

LIFLAD CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

  • 2. Employees

    2025 12 months to 30 November 2024
    Average number of employees during the period 0 0

LIFLAD CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Creditors: amounts falling due within one year note

2025 12 months to 30 November 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 10,596 7,927
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 10,596 7,927

COMMUNITY INTEREST ANNUAL REPORT

LIFLAD CIC

Company Number: 15288351 (England and Wales)

Year Ending: 30 November 2025

Company activities and impact

Liflad’s overall purpose is to develop strategy and practice to enable low energy, local livelihoods rooted in nature and community. To the end of November 2025 the following activities took place towards this aim: In April – November 2025, Transition Town Totnes and Liflad CIC launched Totnes Grows Flax, a pilot involving 100+ residents aged 8 to 75 in growing and processing a combined 100sqm of flax in gardens, allotments and some larger sites (School Farm CSA, Ambios, Landmatters Cooperative). People are learning lost skills related to growing and processing flax and its historical importance to the region. The project brings generations together and demonstrates how the skills and experiences of people from 300 years ago can help shape our lives now and into the future, e.g. raising awareness of sustainable textiles production, understanding the value of crafts, reconnecting with local heritage. It also improves community cohesion and reduces isolation, particularly among older men. Since launching the pilot, we have received requests from communities to expand the project in Totnes and into other towns across Devon. This work was delivered voluntarily by Liflad and Transition Town Totnes collaboratively and has led to further funding applications to progress the project. We also developed a project called the South West Textile Commons. We shared £100k of grant funding with 4 other partner organisations and 8 additional regional collaborators. We developed knowledge about flax growing and processing within the group, we convened the process and supported the Bristol Textile Quarter, Fantasy Fibre Mill, Wessex Community Assets and others. We developed prototype products with devon wool and flax, we made innovative textiles samples, developed paper processing, flax fibre samples and formed new collaborations to take this localisation of textiles forward. We worked with our partners to support additional funding applications. Members of the group visited flax experts in France in the field and at a conference, sharing the knowledge with the UK community on our return. These activities have benefited the newly developing fibre and textile community in South West England and the UK.

Consultation with stakeholders

Although our remit is quite broad, specific stakeholders of Liflad could be broadly defined as the fibre and textile community of the South West England and those who work with bast fibres, natural dyes and more specifically flax. We are both members and advisors to South West England Fibreshed, a network dedicated to creating a resilient, regional textile and clothing system in South West England that is grown with nature, made with care and returned to the soil. We engage with this membership on a regular basis and support any queries around flax. We consult members of the UK Bast Fibre Network on a regular basis, informally via a Signal group to inform our priorities. We also consult members of the South West Textile Commons, through a Signal group and several in person meetings. We are sharing knowledge, expertise and funding through a shared aim to support localised fibre and textile infrastructure. Outcomes from the stakeholder meeting, mapping of existing capacity, combined with extensive prior research into small-scale bast fibre bioregional activity and innovation has produced a set of recommendations that will continue to progress in 2025/26. The long-term intention is to provide a replicable bioregional material development model that could ultimately support fibre stakeholders in other areas across the UK. We also engage with international learning exchange to enable stronger and quicker learning in our field.

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
11 June 2026

And signed on behalf of the board by:
Name: Zoe Gilbertson
Status: Director