REGISTERED NUMBER: 08741545 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

FOR

DITTON PRIORS COMMUNITY LAND TRUST

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J M Bradshaw

Mrs M Brotherston

M J F Gregory

D R Harley

D P Munn

Mrs M Machancoses

C A Fallon

REGISTERED OFFICE:

The Willows Station Road

Ditton Priors

Bridgnorth

WV16 6SS

REGISTERED NUMBER:

08741545 (England and Wales)

ACCOUNTANTS:

Stanton Ralph & Co Limited

Chartered Accountants

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

FIXED ASSETS

228

Intangible assets

4

170

502,969

Tangible assets

5

501,789

503,197

501,959

CURRENT ASSETS

4,032

Debtors

6

3,641

12,554

Cash at bank and in hand

10,597

16,586

14,238

CREDITORS

7,123

Amounts falling due within one year

7

6,074

9,463

NET CURRENT ASSETS

8,164

512,660

TOTAL ASSETS LESS CURRENT LIABILITIES

510,123

RESERVES

495,723

Revaluation reserve

8

495,723

13,767

Accumulated fund

16,937

3,170

Income and expenditure account

(2,537

)

512,660

MEMBERS' FUNDS

510,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th June 2026 and were signed on its behalf by:

M J F Gregory - Director

D P Munn - Director

1.	STATUTORY INFORMATION

Ditton Priors Community Land Trust 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

Income is measured at the fair value of the consideration received or receivable and is recognised in the accounting period which it relates to.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Taxation

HM Revenue & Customs have confirmed that the company is exempt from corporation tax in accordance with Paragraph 1of Schedule 6 Finance Act 2010.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st November 2024

and 31st October 2025

584

AMORTISATION

At 1st November 2024

356

Charge for year

58

At 31st October 2025

414

NET BOOK VALUE

At 31st October 2025

170

At 31st October 2024

228

The company owns 2 Basic Payment Scheme entitlements and the cost is being amortised over 10 years.

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

Totals

buildings

etc

£

£

£

COST

At 1st November 2024

and 31st October 2025

505,438

500,000

5,438

DEPRECIATION

At 1st November 2024

2,469

-

2,469

Charge for year

1,180

-

1,180

At 31st October 2025

3,649

-

3,649

NET BOOK VALUE

At 31st October 2025

501,789

500,000

1,789

At 31st October 2024

502,969

500,000

2,969

The freehold property known as Oak Farm, Station Road, Ditton Priors was purchased from Shropshire Council for £1.

There is a covenant over the property so that if the Trust wishes to sell, Shropshire Council have the right to buy the property back at the original purchase price.

In the opinion of the directors, the property is recognised at its insurance and equivalent fair value of £500,000, the historic cost is £4,277.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

3,641

4,032

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

3,006

3,080

Other creditors

3,068

4,043

6,074

7,123

8.

RESERVES

Revaluation

reserve

£

At 1st November 2024

and 31st October 2025

495,723