Registration number:
Carnoustie Community Development Trust Limited
(A company limited by guarantee)
for the Year Ended 30 April 2024
Carnoustie Community Development Trust Limited
Contents
Directors' Report |
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Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
Carnoustie Community Development Trust Limited
Directors' Report for the Year Ended 30 April 2024
The Directors present their report and the financial statements for the year ended 30 April 2024.
Directors of the Company
The Directors who held office during the year were as follows:
Principal activity
The principal activity of the Company is the development of the Carnoustie and the surrounding area.
As the company has not traded none of the profit or loss falls within the scope of Corporation Tax.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
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Carnoustie Community Development Trust Limited
(Registration number: SC533886)
Statement of Financial Position as at 30 April 2024
Note |
2024 |
2023 |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
- |
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Net assets |
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Reserves |
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Retained earnings |
19,356 |
10,679 |
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Surplus |
19,356 |
10,679 |
For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Income Statement.
Approved and authorised by the
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Carnoustie Community Development Trust Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024
General information |
The Company is a company limited by guarantee, incorporated in Scotland, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the Company in the event of liquidation.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
Government grants are recognised using the accrual model.
Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Carnoustie Community Development Trust Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024
3 Company limited by guarantee
The members of the company have agreed to contribute £1 to the assets of the company in the event of it being wound up.
Staff numbers |
The average number of persons employed by the Company (including Directors) during the year, was
Creditors |
Creditors: amounts falling due within one year
2024 |
2023 |
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Due within one year |
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Accruals and deferred income |
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