THE FABRIC FOLK CIC

Company limited by guarantee

Company Registration Number:
16345703 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2026

Period of accounts

Start date: 26 March 2025

End date: 31 March 2026

THE FABRIC FOLK CIC

Contents of the Financial Statements

for the Period Ended 31 March 2026

Balance sheet
Additional notes
Community Interest Report

THE FABRIC FOLK CIC

Balance sheet

As at 31 March 2026

Notes 2026


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 6,497
Investments:   0
Total current assets: 6,497
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 6,497
Total assets less current liabilities: 6,497
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 6,497
Members' funds
Profit and loss account: 6,497
Total members' funds: 6,497

The notes form part of these financial statements

THE FABRIC FOLK CIC

Balance sheet statements

For the year ending 31 March 2026 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 3 August 2026
and signed on behalf of the board by:

Name: Marina Balashova
Status: Director

The notes form part of these financial statements

THE FABRIC FOLK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 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

THE FABRIC FOLK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 2. Employees

    2026
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

THE FABRIC FOLK CIC

Company Number: 16345703 (England and Wales)

Year Ending: 31 March 2026

Company activities and impact

The company runs Textile Reuse Sales and Fabric Swaps at local markets and community venues across Hertfordshire. During the financial year, the company's activities benefited the community in the following ways: Local makers, crafters, designers and small businesses were able to purchase or receive affordable reclaimed textiles, repair kits and sustainable materials to support creative projects. The company held 9 Textile Reuse Sales, making surplus textiles accessible to the local community while providing free textile repair activities. At least 270 kg of fabric was kept in circulation and diverted from landfill through the company's Fabric Swap programme. More than 300 local residents took part in fabric swaps, repair activities and creative textile reuse initiatives, encouraging sustainable consumption and reducing textile waste. The company delivered 34 textile repair and creative reuse workshops across Hertford, Ware, St Albans and other Hertfordshire communities, enabling residents to learn practical repair, mending and upcycling skills that help extend the life of their textiles. The company partnered with local authorities, including Harpenden Town Council and East Herts Council, to deliver community upcycling and repair projects that engaged local residents in sustainable textile reuse. Activities were supported by 8 volunteers, increasing the company's capacity to deliver community events and engage more local residents in textile reuse and repair.

Consultation with stakeholders

The company's stakeholders include workshop participants, Textile Reuse Sale and Fabric Swap attendees, volunteers, textile donors, local authorities, community organisations, and local makers, crafters and small businesses that use reclaimed textiles. As a small community-based organisation, the company consults with stakeholders on an ongoing informal basis through conversations at events and workshops, discussions with partner organisations, follow-up communications, and engagement through social media. This regular contact helps the company understand local needs and identify opportunities to improve its activities. Feedback from participants and partner organisations has influenced the development of the company's activities during the financial year. In response to demand for practical repair skills and regular access to affordable sustainable materials, the company has continued to expand its programme of textile repair and upcycling workshops, low-cost repair activities, Fabric Swaps and Textile Reuse Sales. The company has also received encouraging feedback from local authorities, community organisations and small business partners, which has helped strengthen existing partnerships and inform the planning of future community activities that support textile reuse and the local circular economy.

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
3 August 2026

And signed on behalf of the board by:
Name: Marina Balashova
Status: Director