SEED OF HOPE CIC

Company limited by guarantee

Company Registration Number:
10746558 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2026

Period of accounts

Start date: 1 May 2025

End date: 30 April 2026

SEED OF HOPE CIC

Contents of the Financial Statements

for the Period Ended 30 April 2026

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SEED OF HOPE CIC

Balance sheet

As at 30 April 2026

Notes 2026 2025


£
£
Fixed assets
Tangible assets: 3 7,521 8,379
Total fixed assets: 7,521 8,379
Current assets
Debtors: 4 7,232 9,364
Cash at bank and in hand: 9,091 1,420
Total current assets: 16,323 10,784
Creditors: amounts falling due within one year: 5 ( 17,523 ) ( 15,431 )
Net current assets (liabilities): (1,200) (4,647)
Total assets less current liabilities: 6,321 3,732
Creditors: amounts falling due after more than one year: 6 ( 627 )
Total net assets (liabilities): 6,321 3,105
Members' funds
Profit and loss account: 6,321 3,105
Total members' funds: 6,321 3,105

The notes form part of these financial statements

SEED OF HOPE CIC

Balance sheet statements

For the year ending 30 April 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 1 October 2026
and signed on behalf of the board by:

Name: Kris Scotting
Status: Director

The notes form part of these financial statements

SEED OF HOPE CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant and Machinery 25% Reducing Balance Motor Vehicles 15% Reducing Balance Computer Equipment 25% Straight Line

SEED OF HOPE CIC

Notes to the Financial Statements

for the Period Ended 30 April 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 7 6

SEED OF HOPE CIC

Notes to the Financial Statements

for the Period Ended 30 April 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2025 2,695 424 11,300 14,419
Additions 492 492
Disposals
Revaluations
Transfers
At 30 April 2026 3,187 424 11,300 14,911
Depreciation
At 1 May 2025 2,055 339 3,646 6,040
Charge for year 181 21 1,148 1,350
On disposals
Other adjustments
At 30 April 2026 2,236 360 4,794 7,390
Net book value
At 30 April 2026 951 64 6,506 7,521
At 30 April 2025 640 85 7,654 8,379

SEED OF HOPE CIC

Notes to the Financial Statements

for the Period Ended 30 April 2026

4. Debtors

2026 2025
£ £
Trade debtors 3,632 5,264
Other debtors 3,600 4,100
Total 7,232 9,364

SEED OF HOPE CIC

Notes to the Financial Statements

for the Period Ended 30 April 2026

5. Creditors: amounts falling due within one year note

2026 2025
£ £
Bank loans and overdrafts 576 917
Amounts due under finance leases and hire purchase contracts 3,284 971
Trade creditors 57 622
Accruals and deferred income 11,261 11,576
Other creditors 2,345 1,345
Total 17,523 15,431

SEED OF HOPE CIC

Notes to the Financial Statements

for the Period Ended 30 April 2026

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

  2025
  £
Bank loans and overdrafts 627
Total   627

COMMUNITY INTEREST ANNUAL REPORT

SEED OF HOPE CIC

Company Number: 10746558 (England and Wales)

Year Ending: 30 April 2026

Company activities and impact

We have continued to run our four weekly groups across Somerset in Sedgemoor, West Somerset and Mendip areas. The groups have expanded and taken on new growing sites across the county providing not only benefits for the participants but for the wider community as well. We have started a community food forest project in Street Our sales activity to support our therapeutic groups has grown especially in online seeds sales. Our commercial gardening arm has grown into two more areas. Giving people who had been through our programme opportunity for paid work whilst the profits contribute to the organisation as a whole.

Consultation with stakeholders

Our participants, volunteers and staff are invited to become members of the company and to attend our twice yearly meetings to review company policy and progress towards our aims. Aside from this all participants are consulted on a weekly basis in their groups. It is responsibility of the Managing Director and executive team to ensure action has been taken in response.

Directors' remuneration

A total of £57,392 was paid in directors’ remuneration for the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 October 2026

And signed on behalf of the board by:
Name: Kris Scotting
Status: Director