SUMMIT GOOD CIC
SUMMIT GOOD CIC
SUMMIT GOOD CIC
Company limited by guarantee
Company Registration Number:
11805834 (England and Wales)
Unaudited statutory accounts for the year ended 28 February 2023
Period of accounts
Start date: 1 March 2022
End date: 28 February 2023
SUMMIT GOOD CIC
Contents of the Financial Statements
for the Period Ended 28 February 2023
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
SUMMIT GOOD CIC
Profit And Loss Account
for the Period Ended
| 2023 | 2022 | |
|---|---|---|
| | £ | £ |
| Turnover: | | |
| Cost of sales: | ( | ( |
| Gross profit(or loss): | | |
| Administrative expenses: | ( | ( |
| Other operating income: | | |
| Operating profit(or loss): | | |
| Profit(or loss) before tax: | | |
| Profit(or loss) for the financial year: | | |
SUMMIT GOOD CIC
Balance sheet
As at
| Notes | 2023 | 2022 | |
|---|---|---|---|
| | £ | £ | |
| Fixed assets | |||
| Tangible assets: | 3 | | |
| Total fixed assets: | | | |
| Current assets | |||
| Debtors: | 4 | | |
| Total current assets: | | | |
| Creditors: amounts falling due within one year: | 5 | ( | ( |
| Net current assets (liabilities): | | ( | |
| Total assets less current liabilities: | | | |
| Accruals and deferred income: | ( | ( | |
| Total net assets (liabilities): | | | |
| Members' funds | |||
| Profit and loss account: | | | |
| Total members' funds: | | |
The notes form part of these financial statements
SUMMIT GOOD CIC
Balance sheet statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
SUMMIT GOOD CIC
Notes to the Financial Statements
for the Period Ended 28 February 2023
-
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
SUMMIT GOOD CIC
Notes to the Financial Statements
for the Period Ended 28 February 2023
-
2. Employees
2023 2022 Average number of employees during the period 1 1
SUMMIT GOOD CIC
Notes to the Financial Statements
for the Period Ended 28 February 2023
3. Tangible assets
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 March 2022 | | | | | ||
| Additions | | | ||||
| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 28 February 2023 | | | | | ||
| Depreciation | ||||||
| At 1 March 2022 | | | | | ||
| Charge for year | | | | | ||
| On disposals | ||||||
| Other adjustments | ||||||
| At 28 February 2023 | | | | | ||
| Net book value | ||||||
| At 28 February 2023 | | | | | ||
| At 28 February 2022 | | | | |
SUMMIT GOOD CIC
Notes to the Financial Statements
for the Period Ended 28 February 2023
4. Debtors
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Other debtors | | |
| Total | | |
SUMMIT GOOD CIC
Notes to the Financial Statements
for the Period Ended 28 February 2023
5. Creditors: amounts falling due within one year note
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Other creditors | | |
| Total | | |
COMMUNITY INTEREST ANNUAL REPORT
SUMMIT GOOD CIC
Company Number: 11805834 (England and Wales)
Year Ending: 28 February 2023
Company activities and impact
The 2022/2023 year saw the continual growth of the 3 elements to Summit Good - EAT / DO / GROW.Eat Summit Good saw the site deliver 1300 veg boxes to local families and individuals in our community. The CSA (Community Supported Agriculture) scheme continues to grow nutrient dense fruit and veg free from any chemicals, pesticides or preservatives. We re-introduced 30 chickens in Nov 2022 to include eggs alongside the fruit and veg offering from the site. The CSA scheme employs one part-time grower Amy who has now completed her 2nd full season on the site.Do Summit Good saw us continue to deliver the Men's Shed on the site every Thursday, seeing a great range of local men popping in to engage with the different activities run each week. The group has developed a core team to continue to engage with all the shedders and tackle social isolation and loneliness with men in our community. Suicide is still the biggest killer for men in the UK so we see this element of the organisation crucial to tackling local issues within our community.Grow Summit Good saw us support 8 different local enterprises from our site - facilitating their activities and workshops in shipping containers and giving the projects space to run sessions with schools and grow more food.The site opened up for a couple of community open days to allow for local community to see and talk with all the different projects on the site. The open days allowed us to show local MP's, councillors and the Mayor all the amazing projects and enterprises flourishing on the site.We have also spend much of the 2022 winter progressing the new site with 3000 trees being planted over at Brynbori farm and 300 apple trees getting ready for the 2023 planting.
Consultation with stakeholders
No consultation with stakeholders
Directors' remuneration
£12,079 to Joshua Pike
Transfer of assets
No transfer of assets other than for full consideration
This report was approved by the board of directors on
7 November 2023
And signed on behalf of the board by:
Name: Joshua Pike
Status: Director