Company Registration No. 02900270 (England and Wales)
Common Cause Co-operative Limited
Unaudited accounts
for the year ended 31 March 2024
Common Cause Co-operative Limited
Unaudited accounts
Contents
Common Cause Co-operative Limited
Company Information
for the year ended 31 March 2024
Directors
Katharine Finnigan
Lesley Healey
Vanessa Topsy Jewell
Debbie King
Victoria Trenhaile
Secretary
Vanessa Topsy Jewell
Company Number
02900270 (England and Wales)
Registered Office
St Annes House
111 High Street
Lewes
BN7 1XY
England
Accountants
Lewes Accountancy and Tax Services
82a James Carter Road
Mildenhall
Bury St. Edmunds
IP28 7DE
Common Cause Co-operative Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
21,139
30,314
Creditors: amounts falling due within one year
(1,886)
(5,797)
Net current assets
27,020
25,754
Profit and loss account
27,521
26,255
Members' funds
27,521
26,255
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by
Vanessa Topsy Jewell
Director
Company Registration No. 02900270
Common Cause Co-operative Limited
Notes to the Accounts
for the year ended 31 March 2024
Common Cause Co-operative Limited is a private company, limited by guarantee, registered in England and Wales, registration number 02900270. The registered office is St Annes House, 111 High Street , Lewes, BN7 1XY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Common Cause Cooperative Limited was incorporated on 21 February 1994 and is governed by its Memorandum and Articles of Association.Membership is open to all who share our objectives. Directors are elected from amongst the membership. Employees are encouraged to become members. There is an AGM every year at which each member has one vote.
Common Cause Co-operative aims to support and promote:
- Social,economic and enviromentally sustainable community development.
- Local food production and connections between producers and consumers.
- Agricultural development sensitive to the landscape and its biodiversity.
- Social enterprises and initiatives.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
50% reducing balance basis
Common Cause Co-operative Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Fixtures & fittings
5
Investments
Other investments
Valuation at 1 April 2023
500
Valuation at 31 March 2024
500
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
66
277
Deferred income
1,300
5,000
8
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
9
Average number of employees
During the year the average number of employees was 4 (2023: 3).