for the Period Ended 31 December 2024
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2024
Principal activities of the company
Additional information
Going concern The financial position of the company is set out in the Balance Sheet and the accompanying Notes to the Financial Statements. The company has satisfactory financial resources to fulfil the requirements of the principal activity. As a consequence, the directors believe that the company is well placed to manage its business risks successfully despite the current uncertain economic outlook. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. Thus, they continue to adopt the going concern basis in preparing the annual financial statements. In doing so, the directors have considered the latest guidelines from the Financial Reporting Council regarding the preparation of financial statements on a going concern basis.
Directors
The directors shown below have held office during the whole of the period from
1 January 2024
to
31 December 2024
The director shown below has held office during the period of
1 January 2024
to
14 March 2024
The director shown below has held office during the period of
1 January 2024
to
29 February 2024
The directors shown below have held office during the period of
12 June 2024
to
31 December 2024
The director shown below has held office during the period of
25 March 2024
to
31 December 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2024
Basis of measurement and preparation
for the Period Ended 31 December 2024
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Littlecombe CIC was established to maintain the unadopted common areas of the Littlecombe residential development and to encourage community activities. During the period to 3pt December 2023 a total of 395 properties were occupied. Rent charges were billed to the residents and the company's activities gave benefit to the community in the following ways: The maintenance of the Community Facilities, the recreation areas (including Landscaping), the water features and any other assets transferred to the CIC. Promoting a community spirit ensuring a positive environment for residents. Regular meetings between residents and representatives of the CIC, to discuss issues on site, matters relating to the CIC and social community events. An AGM was held in September 2023 which was attended by members of the company The management of the Communal Amenity areas of the development are undertaken by the Managing Agent on behalf of the CIC. The Agent continues in this task to ensure that these areas are safely and attractively maintained (including repairs) for the benefit and enjoyment of the community
The company's stakeholders are residents of Littlecombe. As at 31 st December 2023 two Directors are employees of St. Modwen Properties Limited, the ultimate parent of the developer for the Littlecombe scheme, seven directors were residents at Littlecombe, one director- is a representative of Stroud District Council as local authority and landowner The main stakeholders, i.e. the residents are all encouraged to be actively involved in the consultation process provided by the CIC. Namely: - Residents Directors meet regularly during the year, attended by a CIC Director of St. Modwen Properties Limited and the Estate Managing Agent for the CIC. Here, discussions are held on issues relating to the estate/site management, CIC operational management and community events. Items raised by residents are addressed at this level. Where an item/issue has been raised on behalf of an individual or group of individuals - a response from the Board is conveyed back via the Managing Agent. - Residents can approach the directors in person or contact via a dedicated e-mail address to bring matters to their attention that may/can have an impact upon members/the development. They can also raise issues directly with the Managing Agent who will table any particular concerns or themes for discussion with the Directors at the meetings. - Consultation surveys are circulated to residents to gather their opinion on matters relating to the estate. This year St. Modwen carried out a review of how residents felt about the quality of management of the estate, community and communication which was subsequently discussed with the Directors.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
25 September 2025
And signed on behalf of the board by:
Name: Julie Jackson
Status: Director