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REGISTERED NUMBER: 10976887 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Going Green For a Living Community

Land Trust Ltd

| Going Green For a Living Community |

| Land Trust Ltd (Registered number: 10976887) |

Contents of the Financial Statements

for the Year Ended 30 September 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Going Green For a Living Community |

| Land Trust Ltd |

Company Information

for the Year Ended 30 September 2024

| DIRECTORS: | O J Durbridge

| A D Gentle

| T L Macdonnell

| Mrs A Hitchcox

| Mrs S L Hawkins

| REGISTERED OFFICE: | Hafan Yr Afon Building

| Back Lane car park

| Newtown

| Powys

| SY16 2NH

| REGISTERED NUMBER: | 10976887 (England and Wales)

| ACCOUNTANTS: | Morgan Griffiths LLP

| Chartered Accountants

| Cross Chambers

| 9 High Street

| Newtown

| Powys

| SY16 2NY

| Going Green For a Living Community |

| Land Trust Ltd (Registered number: 10976887) |

Balance Sheet

30 September 2024

| 30.9.24 | 30.9.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,777,428 |  | 1,862,621 |  |

CURRENT ASSETS

Stocks | 4,035 |  | 2,730 |  |

Debtors | 5 | 53,334 |  | 37,091 |  |

Cash at bank and in hand | 113,050 |  | 115,887 |  |

170,419 |  | 155,708 |  |

CREDITORS

Amounts falling due within one year | 6 | 146,369 |  | 138,862 |  |

NET CURRENT ASSETS | 24,050 |  | 16,846 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,801,478 |  | 1,879,467 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 1,901,097 |  | 1,883,625 |  |

NET LIABILITIES | (99,619 | ) | (4,158 | ) |

RESERVES

Income and expenditure account | (99,619 | ) | (4,158 | ) |

(99,619 | ) | (4,158 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

| Going Green For a Living Community |

| Land Trust Ltd (Registered number: 10976887) |

Balance Sheet - continued

30 September 2024

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2025 and were signed on its behalf by:

T L Macdonnell - Director

| Going Green For a Living Community |

| Land Trust Ltd (Registered number: 10976887) |

Notes to the Financial Statements

for the Year Ended 30 September 2024

1. | STATUTORY INFORMATION

| Going Green For a Living Community Land Trust Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover comprises of grant income and a service level agreement.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Going Green For a Living Community |

| Land Trust Ltd (Registered number: 10976887) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2024

2. | ACCOUNTING POLICIES - continued

| Government grants

| Government grants in relation to tangible fixed assets are credited to the profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is credited to profit and loss.

| Going concern

| The directors acknowledge the net liabilities position at the year end but are confident the organisation will trade out of the position and therefore the accounts have been prepared on a going concern basis

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 18 (2023 - 10 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 October 2023 | 1,893,360 |  | 60,601 |  | 1,953,961 |  |

| Additions | - |  | 2,538 |  | 2,538 |  |

| Disposals | - |  | (580 | ) | (580 | ) |

| At 30 September 2024 | 1,893,360 |  | 62,559 |  | 1,955,919 |  |

| DEPRECIATION

| At 1 October 2023 | 78,418 |  | 12,922 |  | 91,340 |  |

| Charge for year | 75,655 |  | 11,622 |  | 87,277 |  |

| Eliminated on disposal | - |  | (126 | ) | (126 | ) |

| At 30 September 2024 | 154,073 |  | 24,418 |  | 178,491 |  |

| NET BOOK VALUE

| At 30 September 2024 | 1,739,287 |  | 38,141 |  | 1,777,428 |  |

| At 30 September 2023 | 1,814,942 |  | 47,679 |  | 1,862,621 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.9.24 |  | 30.9.23

£ | £ |

| Trade debtors | 36,410 |  | 24,752 |  |

| Other debtors | 16,924 |  | 12,339 |  |

53,334 |  | 37,091 |  |

| Going Green For a Living Community |

| Land Trust Ltd (Registered number: 10976887) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2024

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.9.24 |  | 30.9.23

£ | £ |

| Bank loans and overdrafts | 27,510 |  | 27,510 |  |

| Trade creditors | 20,498 |  | 9,131 |  |

| Taxation and social security | 16,739 |  | 4,745 |  |

| Other creditors | 81,622 |  | 97,476 |  |

146,369 |  | 138,862 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 30.9.24 |  | 30.9.23

£ | £ |

| Bank loans | 41,279 |  | 66,383 |  |

| Other creditors | 1,859,818 |  | 1,817,242 |  |

1,901,097 |  | 1,883,625 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 8,206 |  | - |  |