She has used the small companies exemption, so these are "filleted" accounts.
Nothing has been spent on any allotment.
There hasn't been any consultation with stakeholders. Perhaps the accountant didn't think her asking on the Facebook group for suggestions counted as consultation.
To the accounts. They show the status of the company as at 30 April 2024.
£150,785 was in the bank.
£69,228 was transferred out of the CIC to other organisations.
£33,404 is allocated for Corporation Tax (this suggests profits of £140,200).
£10,580 is allocated for other debts (what debts!?)
Net assets £106,801
However, what we also know the GFM raised £254,213 with fees expected to be £11,120.42. So that suggests £25k surplus that was used for the food delivery. But we also don't know how much was received in other donations so it could be much more.
Bottom line is anyone who donated to the GFM did not give anything to an allotment project and £33k needlessly went to the tax man.