for the Period Ended 31 March 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2024
Principal activities of the company
Political and charitable donations
Additional information
Going concern The principal activity of the company is to develop housing to support the operating activities of the parent, Thirteen Housing Group Limited. The company will continue to trade during 2024/25 to deliver the remainder of the West Park site, in line with the financial plan approved by the parent company’s Board in June 2024. A letter of support has been received from the Group to ensure that the Company is able to meet its liabilities as they fall due for a period of at least 12 months following approval of these financial statements. On this basis, the director has a reasonable expectation that there are sufficient resources to continue in operational existence for the foreseeable future; this being twelve months after the date this document is signed. For this reason, the Company continues to adopt the going concern basis in the financial statements. Directors’ indemnities As permitted by the Articles of Association, the director has the benefit of an indemnity which is a qualifying third-party indemnity provision as defined by Section 234 of the Companies Act 2006. The indemnity was in force throughout the last financial year and is currently in force. The Company also purchased and maintained throughout the financial year directors’ and officers’ liability insurance in respect of itself and its directors.
Directors
The directors shown below have held office during the period of
1 April 2023
to
28 March 2024
The director shown below has held office during the period of
28 March 2024
to
31 March 2024
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
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
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( |
Distribution costs: |
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Administrative expenses: |
(
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(
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Other operating income: |
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Operating profit(or loss): |
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( |
Interest receivable and similar income: |
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Interest payable and similar charges: |
(
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(
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Profit(or loss) before tax: |
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( |
Tax: |
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Profit(or loss) for the financial year: |
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( |
As at
Notes | 2024 | 2023 | |
---|---|---|---|
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£ |
£ |
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Called up share capital not paid: |
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Fixed assets | |||
Intangible assets: | 3 |
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Tangible assets: | 4 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: | 5 |
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Debtors: | 6 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 7 |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 8 |
(
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(
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Provision for liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
( |
( |
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Capital and reserves | |||
Called up share capital: |
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Share premium account: |
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Other reserves: |
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Profit and loss account: |
( |
( |
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Total Shareholders' funds: |
( |
( |
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 March 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Other accounting policies
for the Period Ended 31 March 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 March 2024
Goodwill | Other | Total | |
---|---|---|---|
Cost | £ | £ | £ |
At 1 April 2023 |
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Additions |
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Disposals |
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(
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(
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Revaluations |
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Transfers |
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At 31 March 2024 |
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Amortisation | |||
At 1 April 2023 |
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Charge for year |
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On disposals |
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(
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(
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Other adjustments |
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At 31 March 2024 |
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Net book value | |||
At 31 March 2024 |
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At 31 March 2023 |
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for the Period Ended 31 March 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 April 2023 |
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Additions |
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Disposals |
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(
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(
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Revaluations |
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Transfers |
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At 31 March 2024 |
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Depreciation | ||||||
At 1 April 2023 |
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Charge for year |
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On disposals |
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(
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(
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Other adjustments |
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At 31 March 2024 |
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Net book value | ||||||
At 31 March 2024 |
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At 31 March 2023 |
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for the Period Ended 31 March 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Stocks |
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Payments on account |
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Total |
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for the Period Ended 31 March 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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Debtors due after more than one year: |
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|
for the Period Ended 31 March 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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for the Period Ended 31 March 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Other creditors |
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Total |
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for the Period Ended 31 March 2024