DINNINGTON COMMUNITY LAND TRUST CIC

Company limited by guarantee

Company Registration Number:
12497528 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

DINNINGTON COMMUNITY LAND TRUST CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

DINNINGTON COMMUNITY LAND TRUST CIC

Directors' report period ended 31 March 2024

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

Principal activities of the company

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,Laicester 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.

Political and charitable donations

None



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

David John Dixon
David Douglas Johnston
Brenda Marguerite Keeley
Brian Keeley
Andrew Milner
David Smith


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
10 January 2025

And signed on behalf of the board by:
Name: David John Dixon
Status: Director

DINNINGTON COMMUNITY LAND TRUST CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 2,487 ) ( 7,280 )
Other operating income: 2,142 6,300
Operating profit(or loss): (345) (980)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (345) (980)
Tax: 0 0
Profit(or loss) for the financial year: (345) (980)

DINNINGTON COMMUNITY LAND TRUST CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 7,189 9,675
Investments:   0 0
Total current assets: 7,189 9,675
Creditors: amounts falling due within one year: 3 ( 7,954 ) ( 10,095 )
Net current assets (liabilities): (765) (420)
Total assets less current liabilities: (765) ( 420)
Total net assets (liabilities): (765) (420)
Members' funds
Profit and loss account: (765) ( 420)
Total members' funds: ( 765) (420)

The notes form part of these financial statements

DINNINGTON COMMUNITY LAND TRUST CIC

Balance sheet statements

For the year ending 31 March 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 10 January 2025
and signed on behalf of the board by:

Name: David John Dixon
Status: Director

The notes form part of these financial statements

DINNINGTON COMMUNITY LAND TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 March 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

DINNINGTON COMMUNITY LAND TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

DINNINGTON COMMUNITY LAND TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 345 345
Other creditors 7,609 9,750
Total 7,954 10,095

COMMUNITY INTEREST ANNUAL REPORT

DINNINGTON COMMUNITY LAND TRUST CIC

Company Number: 12497528 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

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.

Consultation with stakeholders

No consultation with stakeholders

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
10 January 2025

And signed on behalf of the board by:
Name: David John Dixon
Status: Director