PETALLICA FLOWER FARM C.I.C.

PETALLICA FLOWER FARM C.I.C.

PETALLICA FLOWER FARM C.I.C. - Company Information

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PETALLICA FLOWER FARM C.I.C.

Company limited by guarantee

Company Registration Number:
13407259 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2022

Period of accounts

Start date: 18 May 2021

End date: 31 October 2022

PETALLICA FLOWER FARM C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2022

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

PETALLICA FLOWER FARM C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2022

17 months to 31 October 2022


£
Turnover: 11,479
Cost of sales: ( 5,333 )
Gross profit(or loss): 6,146
Administrative expenses: ( 6,169 )
Operating profit(or loss): (23)
Profit(or loss) before tax: (23)
Profit(or loss) for the financial year: (23)

PETALLICA FLOWER FARM C.I.C.

Balance sheet

As at 31 October 2022

Notes 17 months to 31 October 2022


£
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: 11,722
Total current assets: 11,722
Creditors: amounts falling due within one year: 3 ( 97 )
Net current assets (liabilities): 11,625
Total assets less current liabilities: 11,625
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: ( 11,648 )
Total net assets (liabilities): (23)
Members' funds
Profit and loss account: (23)
Total members' funds: ( 23)

The notes form part of these financial statements

PETALLICA FLOWER FARM C.I.C.

Balance sheet statements

For the year ending 31 October 2022 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 13 February 2023
and signed on behalf of the board by:

Name: Elizabeth Mary Walshaw
Status: Director

The notes form part of these financial statements

PETALLICA FLOWER FARM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 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

PETALLICA FLOWER FARM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 2. Employees

    17 months to 31 October 2022
    Average number of employees during the period 1

PETALLICA FLOWER FARM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Creditors: amounts falling due within one year note

17 months to 31 October 2022
£
Other creditors 97
Total 97

COMMUNITY INTEREST ANNUAL REPORT

PETALLICA FLOWER FARM C.I.C.

Company Number: 13407259 (England and Wales)

Year Ending: 31 October 2022

Company activities and impact

Petallica Flower Farm CIC is a community led flower farm and women's support organisation. We operate our seasonal flower farm using natural and sustainable growing techniques and are passionate about creating a sustainable farming future and educating consumers. Our farm provides a beautiful, safe and welcoming environment for us to run local women's groups in order to encourage, empower and engage with women from our community.Our mission is using flower growing, gardening and floristry to improve the wellbeing and skills of each and everyone that we engage with. We see huge changes in their physical and mental health, confidence and happiness. This financial year we have seen 50 women attend our Friday support sessions, ran 3 open day PYO events for the local community to engage with the farm activities and ran a flower CSA (Community supported agriculture scheme for 11 families.

Consultation with stakeholders

The company’s stakeholders are residents of and visitors to Swansea who attend our sessions and buy our flowers, florists over South Wales who buy our flowers wholesale. The directors of the company have lived in the area for a number of years and developed the business model for the farm based on their experience of talking to the community. We conduct a short questionnaire every year to assess the needs of the women in our community to ensure our activities align with theirs.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £1,897.£3000 of Advertising services was connected to a further director but paid as a contractor through their own business.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 February 2023

And signed on behalf of the board by:
Name: Elizabeth Mary Walshaw
Status: Director