TEIGN GREENS CIC

Company limited by guarantee

Company Registration Number:
12772199 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2026

Period of accounts

Start date: 1 April 2025

End date: 31 March 2026

TEIGN GREENS CIC

Contents of the Financial Statements

for the Period Ended 31 March 2026

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TEIGN GREENS CIC

Directors' report period ended 31 March 2026

The directors present their report with the financial statements of the company for the period ended 31 March 2026

Directors

The directors shown below have held office during the whole of the period from
1 April 2025 to 31 March 2026

Holly Budgen
Julian Clarke
Giles Frampton
Larissa Radclyffe
Rupert James Poole
Leonie Flug


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
1 September 2026

And signed on behalf of the board by:
Name: Holly Budgen
Status: Director

TEIGN GREENS CIC

Balance sheet

As at 31 March 2026

Notes 2026 2025


£

£
Fixed assets
Tangible assets: 3 12,459 17,471
Total fixed assets: 12,459 17,471
Current assets
Debtors: 4 781 943
Cash at bank and in hand: 34,464 30,916
Total current assets: 35,245 31,859
Creditors: amounts falling due within one year: 5 ( 25,172 ) ( 27,251 )
Net current assets (liabilities): 10,073 4,608
Total assets less current liabilities: 22,532 22,079
Total net assets (liabilities): 22,532 22,079
Members' funds
Profit and loss account: 22,532 22,079
Total members' funds: 22,532 22,079

The notes form part of these financial statements

TEIGN GREENS 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 1 September 2026
and signed on behalf of the board by:

Name: Holly Budgen
Status: Director

The notes form part of these financial statements

TEIGN GREENS 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

    Tangible fixed assets depreciation policy

    Tangible fixed issets will not be depreciated in the year of purchase. Thereafter, they will be depreciated at a rate of on cost each year in order to write off each asset over its estimated useful life.

TEIGN GREENS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 5 4

TEIGN GREENS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2025 25,056 25,056
Additions
Disposals
Revaluations
Transfers
At 31 March 2026 25,056 25,056
Depreciation
At 1 April 2025 7,585 7,585
Charge for year 5,012 5,012
On disposals
Other adjustments
At 31 March 2026 12,597 12,597
Net book value
At 31 March 2026 12,459 12,459
At 31 March 2025 17,471 17,471

TEIGN GREENS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

4. Debtors

2026 2025
£ £
Trade debtors 359 384
Other debtors 422 559
Total 781 943

TEIGN GREENS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

5. Creditors: amounts falling due within one year note

2026 2025
£ £
Other creditors 25,172 27,251
Total 25,172 27,251

TEIGN GREENS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

6. Loans to directors

Name of director receiving advance or credit: Holly Budgen
Description of the transaction:
Loan for farm equipment
£
Balance at 31 March 2025 3,500
Advances or credits made:
Advances or credits repaid:
Balance at 31 March 2026 3,500

COMMUNITY INTEREST ANNUAL REPORT

TEIGN GREENS CIC

Company Number: 12772199 (England and Wales)

Year Ending: 31 March 2026

Company activities and impact

Teign Greens has continued to Supply the local Teign Valley community and beyond with affordable, locally-grown organic Vegetables as an ethical, local and dependable alternative to the supermarket. During the year, we have expanded to a new collection point in Marsh Barton in Exeter, bringing our total to 8 collection points. We hope to enable more local people to access eating nutritious and sustainably produced local veg every week, promoting health, reducing food miles and helping create a resilient local food system locally. Our regular volunteering programme has continued - over the past year we engaged 80 volunteers, including 33 new volunteers, alongside 38 corporate volunteers who joined us across two volunteering days. Together, volunteers have contributed 5,580 hours to the farm through weekly sessions, residential placements and our trainee programme. We've hosted families, people of all ages from babies in arms to older people, people with learning difficulties and support needs, people experiencing mental health challenges and refugees. This includes two students from Orchard Manor School Who come with their support worker to join us on the farm on most Tuesdays. We've also engaged with Running Deer SEN School, Devon Connect and Oakwood Specialist College, to provide younger volunteers with work experience and opportunities to develop new skills. We welcomed six members of Together Devon, an enterprise which supports people recovering from addiction, to join us for weekly volunteering sessions on the farm. In total, we hosted 52 Tuesday volunteer sessions, Saturday sessions, three corporate volunteering days and eight community events, welcoming around 550 attendees. Our volunteer survey, carried out in the winter months, told us that volunteer satisfaction remained exceptionally high, with a 100% recommendation rate from the volunteers who completed the survey. In response to volunteer and membership feedback, we've held a number of new volunteer-led events, including film nights, social gatherings, workshops and farm lunches, helping to build an even stronger sense of community. We've also welcomed a new voluntary Director to the team and hosted a year-long trainee who Completed Level 3 qualification in Land Based Regenerative Systems at the Apricot Centre jn Totnes. We continue to grow using better than organic methods, promoting biodiversity through our tree alleys, green manures and wildflowers strips. Teign Greens continues to partner with food poverty organisations including Teign Valley Larder, Chudfridge, Bovey Tracey Community Fridge, reducing food waste and food poverty locally by donating surplus or grade out veg and members veg bags whilst on holiday every week, meaning there is virtually no wasted veg in our system. We also supplied local businesses & events such as Embercombe, The Stage in Exeter and Hippo Cafe in Moreton- hampstead subsidising Our work and reducing food miles.

Consultation with stakeholders

Teign Green's stakeholders are members of the local community who sign up to the vegetable box scheme, and those who volunteer to help with the growing and local panners such as the Teign Valley Larder. We held a volunteer survey of all our regular volunteers in February 2026, in which 25 of our regular volunteers participated. This feedback fed into planning volunteering opportunities and ways to increase our impact for the 26-27 season. Furthermore, all Teign Greens members were invited to complete a detailed anonymous survey in November 2025 which has informed the veg growing for the 26-27 season, and also the timing and format of open days and volunteering opportunities. Volunteers and members are also regularly consulted face to face whilst Volunteering at the farm or at collection time. Meetings are regularly held with community partners such as Oxen Park Farm, On the Hill and the Teign Valley Larder. Teign Greens is well known in the local community, sending out weekly email newsletters and monthly contributions to the parish magazine with our contact information. Feedback has largely been very positive, and the team has adapted practice in line with constructive feedback wherever possible.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £21,243.26. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Holly Budgen
Status: Director