for the Period Ended 31 December 2024
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet 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
Directors
The director shown below has held office during the whole of the period from
1 January 2024
to
31 December 2024
Secretary
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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| Cost of sales: |
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| Tax: |
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| Profit(or loss) for the financial year: |
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As at
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| Current assets | |||
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: | 3 |
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| Profit and loss account: |
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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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| Average number of employees during the period |
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for the Period Ended 31 December 2024
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| £ | £ | |
| Other creditors |
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During the year to the 31/03/2025, the community continues to expand as additional properties have completed across the community and new residents moved in. Locking Parklands is planned to be completed around 2030. Rent charges were billed to the residents and the CIC’s activities gave benefit to the community as follows: - Both residents representatives have stepped down, with the positions currently vacant. - Regular meetings were held between the Revantage and Preim to discuss site issues, CIC expenditure and community events. -Regular drop in sessions hosted by Preim at The Radio Wing. -Representatives of Revantage and the CIC continued to meet regularly with the wider Locking Parklands Stakeholders Group. Meetings are held to discuss the progress of the wider scheme (Parkland Villages) and community initiatives. The group includes representatives of the wider Locking community including the churches, Locking Parish, wider construction teams (including that from the GP surgery and the school) and other local management companies (with their own communities outside of Locking Parklands). - Handover was completed on additional blocks that are managed under a separate Management Company, with these properties also contributing to the CIC Rent Charges. - Preim & Revantage continued to work closely with the resident representatives and Jo Roberts who is working with the team in the management of The Radio Wing, which is now under the CIC.
The company’s members are home owners on the Locking Parklands Development. Preim have undertaken regular resident drop in session at The Radio Wing, providing an opportunity for residents to meet with Preim and the developer, providing an additional forum for residents to ask questions/raise concerns. The setting of the rent charge, future years budget and reserve levels are discussed and reviewed on a regular basis during the LPCIC meetings between Revantage and Preim. This ensures that the rent charge budget remains competitive and good value for the members. It also means that we can ensure that areas of the development are delivered in line with the anticipated occupations.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
19 December 2025
And signed on behalf of the board by:
Name: Neil Williams
Status: Director