CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Company Registration Number:
06805556 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Company Information

for the Period Ended 31 January 2024




Director: Charles Henry Atkinson
Jane Marion Blackburn
Kathleen Margaret Cannings
Timothy George Haines
Karen Harris
Brefni Pauline Mary Langdon
Jennifer Susan Payne
Frances Porter
Linda Denise Redlich
Margaret Jean Stark Robertson
Susan Roche
David Alan York
Secretary: Jennifer Susan Payne
Registered office: Cannock Mill
Old Heath Road
Colchester
England
CO2 8AA
Company Registration Number: 06805556 (England and Wales)

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

The principal activity of the company during the period was the development of homes for sale to its members.

Additional information

Directors: In addition to those shown elsewhere in this report (restricted to 12 by HMRC software), the following were also directors throughout the year: Lesley Madeleine Scordellis, Sara Rosamund Scott, Barbara Simpkins, Emma Georgina Sutherland, Andrew John Thorne, Peter Harris Tibber, Brigitte Johanna Williams, Lindsay Catherine Wright and Susan Elizabeth York. The following director changes occurred during the year: Rosemary Anne Fooks resigned 20 July 2023, Gail Elizabeth Griffiths resigned 31 January 2024, Maitrida James appointed 22 December 2023, and Philip Alexander McGeevor appointed 20 July 2023.

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Charles Henry Atkinson
Jane Marion Blackburn
Kathleen Margaret Cannings
Timothy George Haines
Karen Harris
Brefni Pauline Mary Langdon
Jennifer Susan Payne
Frances Porter
Linda Denise Redlich
Margaret Jean Stark Robertson
Susan Roche
David Alan York

Secretary
Jennifer Susan Payne

This report was approved by the board of directors on 23 September 2024
And Signed On Behalf Of The Board By:

Name: David Alan York
Status: Director

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 398,023 318
Cost of sales ( 392,264 ) -
Gross surplus or (deficit) 5,759 318
Administrative Expenses ( 2,428 ) ( 1,190 )
Other operating income 1,773 2,179
Operating surplus or (deficit) 5,104 1,307
Interest Receivable and Similar Income 3,656 1,693
Surplus or (deficit) before tax 8,760 3,000
Tax on surplus ( 1,664 ) -
Surplus or (deficit) for the period 7,096 3,000

The notes form part of these financial statements

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 773,333 1,281,803
Debtors: 4 17,976 35,980
Cash at bank and in hand: 108,755 489,468
Total current assets: 900,064 1,807,251
Creditors: amounts falling due within one year: 5 ( 891,248 ) ( 1,805,531 )
Net current assets (liabilities): 8,816 1,720
Total assets less current liabilities: 8,816 1,720
Total net assets (liabilities): 8,816 1,720

The notes form part of these financial statements

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Reserves
Income and expenditure account 8,816 1,720
Members funds 8,816 1,720

For the year ending 31 January 2024 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 23 September 2024
And Signed On Behalf Of The Board By:

Name: David Alan York
Status: Director

The notes form part of these financial statements

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 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

    Valuation information and policy

    Stocks are valued at the lower of cost and net realisable value. The latter is based on the anticipated selling prices of the remaining homes.

    Other accounting policies

    Contributions from members: During the year members of the company made contributions amounting to £184,675. These were used to reduce the charge to cost of sales of the write down of stocks to net realisable value.

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors


2024
£

2023
£
Other debtors 17,976 35,980
Total 17,976 35,980

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 January 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 25,804 291,544
Taxation and social security 1,664 406
Other creditors 863,780 1,513,581
Total 891,248 1,805,531

Other creditors mainly comprise short-term loans from members.

CANNOCK MILL COHOUSING COLCHESTER LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.1.Related party disclosures

Name of related party: The members of the company
Description of relationship:
Members of the company
Description of the transaction:
During the year the members of the company made contributions amounting to £184,675 to meet what would otherwise have been losses on the write down of stocks to net realisable value.