REGISTERED NUMBER: 09929558 (England and Wales)

The Sheppey Coastal Protection Group

Limited

Unaudited Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

P MacDonald

C D Foulds

L J Bell

M A Newell

REGISTERED OFFICE:

1 High Street

Sheerness

Kent

ME12 1NY

BUSINESS ADDRESS:

Kendor Lodge

Chequers Road

Sheerness

Kent

ME12 3QL

REGISTERED NUMBER:

09929558 (England and Wales)

ACCOUNTANTS:

Foreman Waller

Chartered Accountants

1 High Street

Sheerness

Kent

ME12 1NY

FIXED ASSETS

Tangible assets

4

-

77

CURRENT ASSETS

Cash at bank

5,653

6,381

CREDITORS

Amounts falling due within one year

5

4,015

8,720

NET CURRENT ASSETS/(LIABILITIES)

1,638

(2,339

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,638

(2,262

)

RESERVES

Income and expenditure account

1,638

(2,262

)

1,638

(2,262

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

P MacDonald - Director

1.	STATUTORY INFORMATION

The Sheppey Coastal Protection Group Limited 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.

Income recognition

Income from grants is recognised as income at the later of the date on which related expenditure was incurred or on completion of obligations required by the grant.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans to and from banks, other third parties and related parties.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

1,860

DEPRECIATION

At 1 January 2024

1,783

Charge for year

77

At 31 December 2024

1,860

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

77

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

-

8,000

Taxation and social security

223

-

Other creditors

3,792

720

4,015

8,720