for the Period Ended 31 December 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2023
Principal activities of the company
Directors
The director shown below has held office during the whole of the period from
1 January 2023
to
31 December 2023
Secretary
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 13 months to 31 December 2022 | |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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Profit(or loss) before tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2023 | 13 months to 31 December 2022 | |
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial 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
for the Period Ended 31 December 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 December 2023
2023 | 13 months to 31 December 2022 | |
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Average number of employees during the period |
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for the Period Ended 31 December 2023
2023 | 13 months to 31 December 2022 | |
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£ | £ | |
Prepayments and accrued income |
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Total |
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for the Period Ended 31 December 2023
2023 | 13 months to 31 December 2022 | |
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£ | £ | |
Trade creditors |
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Other creditors |
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Total |
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The company was set up to lead and manage a project to develop the Wyeside area for the use by the communities of Hereford and to encourage tourism. This includes enhancing riverside pathways with lighting, power and a new access ramp and river craft crane which will improve access to the general public to an area of natural beauty. The work completed in the second year of the project included widening the riverside path, cutting back overhanging trees and bushes and installation of fencing. This has opened up the riverside pathway for more pleasant and easier access to the public and the disabled. We also installed two electric points for the use of the local sports clubs and a riverside festival. The CCTV installed last year is monitored by a third party and has also continued to make the area safe for users of the riverside path.
The company's stakeholders are the County of Herefordshire District Council which has provided the funding for the project and the local partners impacted by the plans eg The Hereford Rugby Club, Sea cadets, Rowing club and local businesses trading on the river bank. Representatives from the latter serve on the company's management committee which holds periodic meetings and they are invited to be involved in all management decisions. The company's director provides regular updates and presentations to council representatives as requested. The company's director has attended meetings with other local partners who are involved in the wider Stronger Towns Fund projects so as to ensure that the work of each project will complement the others. The wider stakeholders are the community of Hereford and the general public who will benefit from the project. The company has communicated the improvement plans and the planning consultations are also publicly available.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
13 September 2024
And signed on behalf of the board by:
Name: Stephen Taylor
Status: Director