STILL GREEN C.I.C.

Company limited by guarantee

Company Registration Number:
09116961 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

STILL GREEN C.I.C.

Contents of the Financial Statements

for the Period Ended 30 September 2023

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

STILL GREEN C.I.C.

Directors' report period ended 30 September 2023

The directors present their report with the financial statements of the company for the period ended 30 September 2023

Principal activities of the company

The company's principal activity during the year continued to be the development of a senior cohousing scheme.



Directors

The directors shown below have held office during the whole of the period from
1 October 2022 to 30 September 2023

Jennifer Borden
Susan Meade
E Margaret Newens
Sheila Thornton


The director shown below has held office during the period of
1 October 2022 to 14 January 2023

Jacqueline Reiter


The director shown below has held office during the period of
14 January 2023 to 30 September 2023

Paul Sedgwick


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
8 November 2023

And signed on behalf of the board by:
Name: Jennifer Borden
Status: Director

STILL GREEN C.I.C.

Profit And Loss Account

for the Period Ended 30 September 2023

2023 2022


£

£
Turnover: 1,419 1,083
Cost of sales: ( 244 ) ( 268 )
Gross profit(or loss): 1,175 815
Operating profit(or loss): 1,175 815
Profit(or loss) before tax: 1,175 815
Profit(or loss) for the financial year: 1,175 815

STILL GREEN C.I.C.

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 4,078 4,142
Total current assets: 4,078 4,142
Net current assets (liabilities): 4,078 4,142
Total assets less current liabilities: 4,078 4,142
Creditors: amounts falling due after more than one year: 3 ( 17,225 ) ( 18,460 )
Total net assets (liabilities): (13,147) (14,318)
Members' funds
Profit and loss account: (13,147) ( 14,318)
Total members' funds: ( 13,147) (14,318)

The notes form part of these financial statements

STILL GREEN C.I.C.

Balance sheet statements

For the year ending 30 September 2023 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 8 November 2023
and signed on behalf of the board by:

Name: Jennifer Borden
Status: Director

The notes form part of these financial statements

STILL GREEN C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover also includes agrees write downs of amounts owed to long term creditors.

STILL GREEN C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

STILL GREEN C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 17,225 18,460
Total 17,225 18,460

COMMUNITY INTEREST ANNUAL REPORT

STILL GREEN C.I.C.

Company Number: 09116961 (England and Wales)

Year Ending: 30 September 2023

Company activities and impact

As last year, pursuit of the Company’s objects, with its inherent community benefits, depends on successfully developing its planned cohousing scheme. The company’s primary task, therefore, continues to be to develop a cohousing scheme for over 50s.During the year we continued our productive relationship with the developers TOWN (who worked with the K1 cohousing group in Cambridge to build what is now Marmalade Lane Cohousing). We continued to work with them to turn one block of the Wolverton regeneration scheme in the centre of the old railway town of Wolverton in Milton Keynes, known as ‘Love Wolverton’, into a development suitable for an over fifties cohousing community. Throughout the year in question detailed meetings were undertaken with TOWN and the architects Mole to design Block C for our specific needs. The site has now been cleared ready for construction however this is not expected to commence until August 2024 with an approximate 2 year time span to completion. We also put a lot of time into our new website and prospectus. Membership: we now have 22 committed reserved members. This was achieved by promoting our project through the UK Cohousing Network, via our website and social media but increasingly via our outreach to local organisations. Enquirers who want to know more about the project are invited to come to one of our meetings which are held every 2 months and we continue to have a relatively good conversion rate this year. Meanwhile, members continued to participate in a range of meetings with public and civil society organisations in the area, in order to raise awareness and profile of cohousing for those considering their housing options for retirement and their later years. Community benefits include sharing our growing experience with less advanced projects and individuals considering co-housing; sharing information and documents with other cohousing groups through our website and the national cohousing network site; and making increased use of social media to promote our open meetings, our project and awareness of cohousing in general.

Consultation with stakeholders

Members Active involvement of members is essential for the operation of the organisation. The Board not only consults members continuously through formal and informal processes, members guide the work of the board in many ways, including regular meetings, working group meetings and email notices and exchanges. Despite having a number of our members living in other parts of England, so we continue to have good attendance at our regular meetings and we only use zoom for our January meeting.The wider cohousing movement We remain active with the UK Cohousing Network. One of our Board members has recently become a director which helps maintain our profile and ensures we are aware of any opportunities as they arise and we contribute monthly to their newsletter. Other members also regularly participate in the monthly on-line cohousing cafes and other online networking opportunities. We have continued to engage with members of other cohousing schemes; learning about their concerns and requirements, and the methods they use whilst also sharing our own experiences. People in their third age As in previous years, we attracted interest from people across the country who are considering joining a third age co housing scheme, although we draw our enquirers and members primarily from the Milton Keynes area. Participating in our Open meetings allows enquirers to hear more about our project, our way of working and the possibilities that cohousing offers for those over 50. It also provides an opportunity to compare cohousing with other sorts of retirement communities and forms of downsizing.Public bodies and policymakers, local and national By contributing to relevant Council consultations and meetings with Council leaders and officials, we have raised the profile of our project among local political and community leaders in Milton Keynes. We have shown how the rationale for our scheme aligns with the increased Council concern for community led housing, more social or affordable housing, and greener building designs. We have continued to be active members of the Wolverton Agora Regeneration Working group. Through our membership of the Milton Keynes Green Alliance we raise our profile and concerns within Citizens MK. We are likewise members of Milton Keynes Forum (the MK Civic Society) and are also involved in The MK Community Land Trust, and in Community Housing Action MK (CHAMK), which lobbies on behalf of several community led housing initiatives. We have also attended meetings at the local Climate Cafe, Truby’s Garden, Farmers Market, Inter-faith groups and Future Wolverton.

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
13 January 2024

And signed on behalf of the board by:
Name: Jennifer Borden
Status: Director