FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Company Registration Number:
12430818 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 December 2024




Director: John Hickman
Felicity Sylvester
Michael Carpenter
Kelsang Sonam
Annette Arthur
Christopher Austin
Secretary: Michael Carpenter
Registered office: Maningham
Illogan Churchtown
Redruth
Cornwall
GBR
TR16 4QZ
Company Registration Number: 12430818 (England and Wales)

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Directors' Report Period Ended 31 December 2024

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

Principal Activities

The principal activity of the company in the period under review was that of cohousing community.

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
John Hickman
Felicity Sylvester
Michael Carpenter
Kelsang Sonam
Annette Arthur
Christopher Austin

Secretary
Michael Carpenter

This report was approved by the board of directors on 15 March 2025
And Signed On Behalf Of The Board By:

Name: John Hickman
Status: Director

Name: Michael Carpenter
Status: Director

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Turnover 99,318 76,016
Cost of sales ( 97,156 ) ( 89,361 )
Gross surplus or (deficit) 2,162 ( 13,345 )
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 30,050 ) ( 29,064 )
Other operating income 0 0
Operating surplus or (deficit) ( 27,888 ) ( 42,409 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 67,106 ) ( 60,297 )
Surplus or (deficit) before tax ( 94,994 ) ( 102,706 )
Tax on surplus ( 0 ) ( 0 )
Surplus or (deficit) for the period ( 94,994 ) ( 102,706 )

The notes form part of these financial statements

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,725,000 1,725,000
Total fixed assets: 1,725,000 1,725,000
Current assets
Debtors: 5 210
Cash at bank and in hand: 11,325 6,560
Total current assets: 11,325 6,770
Creditors: amounts falling due within one year: 6 ( 160,367 ) ( 153,618 )
Net current assets (liabilities): ( 149,042 ) ( 146,848 )
Total assets less current liabilities: 1,575,958 1,578,152
Creditors: amounts falling due after more than one year: 7 ( 1,588,176 ) ( 1,638,333 )
Total net assets (liabilities): ( 12,218 ) ( 60,181 )

The notes form part of these financial statements

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Reserves
Income and expenditure account ( 12,218 ) ( 60,181 )
Members funds ( 12,218 ) ( 60,181 )

For the year ending 31 December 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 15 March 2025
And Signed On Behalf Of The Board By:

Name: John Hickman
Status: Director

Name: Michael Carpenter
Status: Director

The notes form part of these financial statements

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 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

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 January 2024 1,725,000 1,725,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 December 2024 1,725,000 1,725,000
Depreciation
At 01 January 2024 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 December 2024 - -
Net book value
At 31 December 2024 1,725,000 1,725,000
At 31 December 2023 1,725,000 1,725,000

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors


2024
£

2023
£
Other debtors 210
Total 210
Debtors due after more than one year: 210

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 160,367 153,618
Total 160,367 153,618

FRIENDSHIP COHOUSING LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 841,340 857,758
Other creditors 746,836 780,575
Total 1,588,176 1,638,333