SAVE ST ALBANS: FIGHT THE FREIGHT CIC

Company limited by guarantee

Company Registration Number:
14689643 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 27 February 2023

End date: 28 February 2024

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Contents of the Financial Statements

for the Period Ended 28 February 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SAVE ST ALBANS: FIGHT THE FREIGHT CIC

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

The company was formed in February 2023 to help the local community preserve key Metropolitan Green Belt land around St Albans and the villages from industrial development.



Directors

The directors shown below have held office during the whole of the period from
27 February 2023 to 28 February 2024

FM Webb
T.Smith
J. Mendelsohn
D.Lancaster
A.Cairns


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
23 November 2024

And signed on behalf of the board by:
Name: T.Smith
Status: Director

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Profit And Loss Account

for the Period Ended 28 February 2024

2024


£
Turnover: 58,292
Cost of sales: ( 56,943 )
Gross profit(or loss): 1,349
Distribution costs: 0
Administrative expenses: 0
Other operating income: 0
Operating profit(or loss): 1,349
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 1,349
Tax: 0
Profit(or loss) for the financial year: 1,349

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Balance sheet

As at 28 February 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 11,354
Investments:   0
Total current assets: 11,354
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 3 ( 10,000 )
Net current assets (liabilities): 1,354
Total assets less current liabilities: 1,354
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 1,354
Members' funds
Profit and loss account: 1,354
Total members' funds: 1,354

The notes form part of these financial statements

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Balance sheet statements

For the year ending 28 February 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 November 2024
and signed on behalf of the board by:

Name: T.Smith
Status: Director

The notes form part of these financial statements

SAVE ST ALBANS: FIGHT THE FREIGHT CIC

Notes to the Financial Statements

for the Period Ended 28 February 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

SAVE ST ALBANS: FIGHT THE FREIGHT CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

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Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Creditors: amounts falling due within one year note

2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 0
Other creditors 10,000
Total 10,000

Reverse legal fees required to be paid by the courts

COMMUNITY INTEREST ANNUAL REPORT

SAVE ST ALBANS: FIGHT THE FREIGHT CIC

Company Number: 14689643 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

The company benefitted the community by working to challenge the legality of the sale of land by Hertford-shire County Council bought for the community for £1 in 2006, to SEGRO for a Strategic Rail Freight Inter-change. The Community wanted the land to remain Open Space in the Metropolitan Green Belt.

Consultation with stakeholders

The company came into existence in February 2023 following an initial public meeting supported by several hundred residents of the area to discuss the issue, and several other meetings which led to the establish-ment of the CIC. There have been numerous public meetings throughout the year in different locations, where the community were informed and consulted on the direction of the campaign, and articles published in local press and residents association magazines. A wider steering group committee was consulted by the directors before any important decisions were taken. At the end of the year, a future court hearing concerning a Judicial Re-view in the High Court was granted by Justice Thornton on 12th February 2024.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
23 November 2024

And signed on behalf of the board by:
Name: Theresa Smith
Status: Director