RUSTY RAILS FARM CIC

Company limited by guarantee

Company Registration Number:
16236944 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2026

Period of accounts

Start date: 7 February 2025

End date: 28 February 2026

RUSTY RAILS FARM CIC

Contents of the Financial Statements

for the Period Ended 28 February 2026

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

RUSTY RAILS FARM CIC

Profit And Loss Account

for the Period Ended 28 February 2026

13 months to 28 February 2026


£
Turnover: 4,077
Cost of sales: 0
Gross profit(or loss): 4,077
Distribution costs: 0
Administrative expenses: ( 2,850 )
Other operating income: 0
Operating profit(or loss): 1,227
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 1,227
Tax: 0
Profit(or loss) for the financial year: 1,227

RUSTY RAILS FARM CIC

Balance sheet

As at 28 February 2026

Notes 13 months to 28 February 2026


£
Fixed assets
Tangible assets: 3 4,009
Total fixed assets: 4,009
Current assets
Cash at bank and in hand: 847
Total current assets: 847
Creditors: amounts falling due within one year: 4 ( 3,629 )
Net current assets (liabilities): (2,782)
Total assets less current liabilities: 1,227
Creditors: amounts falling due after more than one year:   0
Total net assets (liabilities): 1,227
Members' funds
Profit and loss account: 1,227
Total members' funds: 1,227

The notes form part of these financial statements

RUSTY RAILS FARM CIC

Balance sheet statements

For the year ending 28 February 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.

This report was approved by the board of directors on 26 October 2026
and signed on behalf of the board by:

Name: Nicola Susan Collinson-Phenix
Status: Director

The notes form part of these financial statements

RUSTY RAILS FARM CIC

Notes to the Financial Statements

for the Period Ended 28 February 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 represents income from campsite bookings and related services, recognised when the services are provided. Turnover is stated net of refunds and discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation and any impairment losses. Depreciation is charged on a straight-line basis over the estimated useful lives of the assets, commencing when they are available for use. The estimated useful lives are: - Bell tents and camping equipment: 5 years - Water supply installation: 6 years - Solar charging equipment: 5 years - Entrance improvements: 6 years Assets are reviewed for impairment where there is an indication that their carrying value may not be recoverable.

RUSTY RAILS FARM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

  • 2. Employees

    13 months to 28 February 2026
    Average number of employees during the period 0

RUSTY RAILS FARM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 2,196 2,218 0 0 0 4,414
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 28 February 2026 2,196 2,218 0 0 0 4,414
Depreciation
Charge for year 183 222 0 0 0 405
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 28 February 2026 183 222 0 0 0 405
Net book value
At 28 February 2026 2,013 1,996 0 0 0 4,009

RUSTY RAILS FARM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

4. Creditors: amounts falling due within one year note

13 months to 28 February 2026
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 0
Other creditors 3,629
Total 3,629

RUSTY RAILS FARM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

5. Financial Commitments

The company operates its campsite on land made available under a six-year land-use agreement at an annual rent of £1. At 28 February 2026, the company had an ongoing commitment to pay annual rent of £1 for the remaining term of the agreement. The company had no other material financial commitments at the reporting date.

COMMUNITY INTEREST ANNUAL REPORT

RUSTY RAILS FARM CIC

Company Number: 16236944 (England and Wales)

Year Ending: 28 February 2026

Company activities and impact

During its first financial year, Rusty Rails Farm CIC established and operated Rusty Meadow, a small, nature-based campsite on the Isle of Wight, with the aim of improving access to outdoor experiences, supporting wellbeing and creating opportunities for community engagement. The campsite opened for its first season in summer 2025, providing affordable camping opportunities in a peaceful, natural environment. Free Respite Camping – Rusty's Rest One of the CIC's key community initiatives was Rusty's Rest, which provided free respite camping stays for individuals and families who would benefit from a break from everyday pressures. These stays offered opportunities to rest, reconnect with nature and enjoy time outdoors without the financial burden of paying for accommodation. As the CIC becomes more established and better known within the community, it hopes to expand Rusty's Rest and make free respite opportunities available to more people. Supporting Young People and Community Groups The CIC welcomed local Scout and Cub groups, alongside young people participating in the Duke of Edinburgh's Award scheme. These opportunities encouraged outdoor learning, teamwork, confidence, independence and engagement with the natural environment. **Developing Facilities and the Natural Environment** During the year, the CIC invested in essential infrastructure, including drinking-water facilities, solar charging facilities and improvements to campsite access. The CIC also began developing the site's natural environment, including meadow and habitat improvements, supporting its longer-term ambition to encourage biodiversity and appreciation of the countryside. Looking Ahead As this was the CIC's first year, much of its work focused on establishing the campsite, developing its facilities and introducing its community initiatives. In future years, the CIC aims to build on these foundations, expand its free respite camping provision, strengthen relationships with local youth and community organisations, and continue developing opportunities that support wellbeing, outdoor experiences and the natural environment. The CIC remains committed to reinvesting its resources into activities and facilities that deliver lasting community benefit.

Consultation with stakeholders

During its first year of operation, Rusty Rails Farm CIC engaged informally with stakeholders, including campsite guests, local community groups and visitors participating in its activities. Feedback was gathered through conversations and interactions during the 2025 camping season. These discussions provided opportunities to understand visitors' experiences, listen to suggestions and identify areas where facilities and activities could be developed further. As a newly established CIC, consultation was informal and ongoing rather than conducted through structured surveys or meetings. The CIC intends to continue listening to its visitors, community groups and beneficiaries as it develops, particularly as it seeks to expand its free Rusty's Rest respite camping opportunities and strengthen its community activities.

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
26 October 2026

And signed on behalf of the board by:
Name: Nicola Susan Collinson-Phenix
Status: Director