for the Period Ended 31 March 2024
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 March 2024
Principal activities of the company
Political and charitable donations
Directors
The directors shown below have held office during the whole of the period from
1 April 2023
to
31 March 2024
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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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): |
( |
( |
Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
( |
( |
Tax: |
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Profit(or loss) for the financial year: |
( |
( |
As at
Notes | 2024 | 2023 | |
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£ |
£ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: |
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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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Creditors: amounts falling due within one year: | 3 |
(
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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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Total net assets (liabilities): |
( |
( |
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Members' funds | |||
Profit and loss account: |
( |
( |
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Total members' 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
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
2024 | 2023 | |
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£ | £ | |
Accruals and deferred income |
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Other creditors |
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Total |
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The activities of the Land Trust continued during the period to assist the Town Council in delivering the key elements of the Neighbourhood Plan. Particular emphasis being placed on the potential development of Affordable/Social Housing for the Local Community. Agreements were established with GT3 Architects to form a JV with the Land Trust to facilitate the development of East Street, Leicester Road and Lodge Lane sites.These sites which are owned by the Town Council were earmarked for development with the first 2 focussing on Social Housing and the latter on affordable provision.The JV concluded exclusivity agreements with the Town Council for the sale of the Land and with Mee Housing and ESH housing for the development of the sites. Each of the developments required Planning Permission as well as a Land Assembly in the case of Leicester Road. The possibility to develop Lodge Lane was dependent upon Esh obtaining agreement with Rotherham Borough Council to redesignate the land for housing and remove its status as Safeguarded. The Town Council have applied a caveat to their agreement to sell the land on East Street and Leicester Road that the housing should be allocated to “Local People” as a first priority. The future of the Land Trust will be determined by the success of these projects as they are the only potential source of income for the Trust and do have a degree of risk due to the Planning Process.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
10 January 2025
And signed on behalf of the board by:
Name: David John Dixon
Status: Director