GOWER LAND TRUST CIC

Company limited by guarantee

Company Registration Number:
13387502 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2025

Period of accounts

Start date: 1 November 2024

End date: 31 October 2025

GOWER LAND TRUST CIC

Contents of the Financial Statements

for the Period Ended 31 October 2025

Profit and loss
Balance sheet
Additional notes
Community Interest Report

GOWER LAND TRUST CIC

Profit And Loss Account

for the Period Ended 31 October 2025

2025 2024


£
£
Turnover: 1,654 1,302
Gross profit(or loss): 1,654 1,302
Operating profit(or loss): 1,654 1,302
Profit(or loss) before tax: 1,654 1,302
Profit(or loss) for the financial year: 1,654 1,302

GOWER LAND TRUST CIC

Balance sheet

As at 31 October 2025

Notes 2025 2024


£
£
Fixed assets
Intangible assets:   0 0
Total fixed assets: 0 0
Net current assets (liabilities):  
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

GOWER LAND TRUST CIC

Balance sheet statements

For the year ending 31 October 2025 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 16 May 2026
and signed on behalf of the board by:

Name: Adam Land
Status: Director

The notes form part of these financial statements

GOWER LAND TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 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

    Turnover policy

    1.2. Turnover Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

GOWER LAND TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

GOWER LAND TRUST CIC

Company Number: 13387502 (England and Wales)

Year Ending: 31 October 2025

Company activities and impact

Over the course of the financial year, Gower Community Land Trust worked to develop a housing project aimed at delivering 14 affordable, environmentally conscious homes for local people on Gower. The company’s activities were rooted in addressing the growing challenges of housing affordability, sustainability, and community resilience within the area. Throughout the development process, the company engaged with local residents, stakeholders, and partners to explore ways of creating genuinely affordable homes that would allow people with strong local connections to remain living within their community. The project sought to respond to the increasing pressure placed on local housing stock by rising property prices and the prevalence of second homes and holiday accommodation in the area. The company’s activities also promoted wider community benefit by encouraging conversations around sustainable rural development, long-term environmental responsibility, and the importance of retaining thriving local communities on Gower. The proposed homes were intended to support local families, younger residents, and key workers who are increasingly priced out of the local housing market. In addition, the work undertaken by the company helped build relationships between local organisations, professionals, and community members with a shared interest in affordable housing and community-led development. Although the company is now in the process of closing, its activities contributed positively to local dialogue around housing need, sustainability, and community ownership, while helping to highlight the urgent demand for affordable homes within the region.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 May 2026

And signed on behalf of the board by:
Name: Adam Land
Status: Director