COOPERATION TOWN LTD

Company limited by guarantee

Company Registration Number:
12848254 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

COOPERATION TOWN LTD

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

COOPERATION TOWN LTD

Company limited by guarantee

Company Information

for the Period Ended 31 August 2024




Director: Shiri Shalmy
Katriona Higgins
Fabian Fausten
William Lim
Fateha MacDaniel
Registered office: 33a
33a
Leconfield Road
London
England
N5 2RZ
Company Registration Number: 12848254 (England and Wales)

COOPERATION TOWN LTD

Company limited by guarantee

Directors' Report Period Ended 31 August 2024

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

Principal Activities

support the creation and development of a network of community food co-operatives, providing free and affordable food to their members, as well as running a community living room, laundrette and garden in Gospel Oak

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
Shiri Shalmy
Katriona Higgins
Fabian Fausten

The director(s) shown below were appointed to the company during the period
William Lim
08 September 2023
Fateha MacDaniel
08 September 2023

This report was approved by the board of directors on 28 May 2025
And Signed On Behalf Of The Board By:

Name: Shiri Shalmy
Status: Director

COOPERATION TOWN LTD

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 August 2024


Notes

2024
£

2023
£
Turnover 39,006 27,373
Cost of sales ( 38,418 ) ( 30,745 )
Gross surplus or (deficit) 588 ( 3,372 )
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 186,813 ) ( 147,522 )
Other operating income 192,214 150,947
Operating surplus or (deficit) 5,989 53
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Surplus or (deficit) before tax 5,989 53
Tax on surplus ( 1,199 ) ( 0 )
Surplus or (deficit) for the period 4,790 53

The notes form part of these financial statements

COOPERATION TOWN LTD

Company limited by guarantee

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 891 719
Total fixed assets: 891 719
Current assets
Debtors: 5 34,824 5,714
Cash at bank and in hand: 139,800 158,639
Total current assets: 174,624 164,353
Prepayments and accrued income: 339 8,955
Creditors: amounts falling due within one year: 6 ( 171,011 ) ( 173,974 )
Net current assets (liabilities): 3,952 ( 666 )
Total assets less current liabilities: 4,843 53
Total net assets (liabilities): 4,843 53

The notes form part of these financial statements

COOPERATION TOWN LTD

Company limited by guarantee

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Reserves
Income and expenditure account 4,843 53
Members funds 4,843 53

For the year ending 31 August 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 28 May 2025
And Signed On Behalf Of The Board By:

Name: Shiri Shalmy
Status: Director

The notes form part of these financial statements

COOPERATION TOWN LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 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

    Tangible fixed assets depreciation policy

    Depreciation has been charged on fixed assets so as to write off their cost over the useful life of the assets using the following rate: Equipment (plant & machinery) 20% straight line basis

COOPERATION TOWN LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 4

COOPERATION TOWN LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

COOPERATION TOWN LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 September 2023 1,199 1,199
Additions 515 515
Disposals - -
Revaluations - -
Transfers - -
At 31 August 2024 1,714 1,714
Depreciation
At 01 September 2023 480 480
Charge for year 343 343
On disposals - -
Other adjustments - -
At 31 August 2024 823 823
Net book value
At 31 August 2024 891 891
At 31 August 2023 719 719

COOPERATION TOWN LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors


2024
£

2023
£
Trade debtors 33,102 5,714
Other debtors 1,722
Total 34,824 5,714

COOPERATION TOWN LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 882 3,285
Taxation and social security 6,172 2,240
Accruals and deferred income 163,627 168,174
Other creditors 330 275
Total 171,011 173,974