Registered number 2526443 Charity Number 1002365 ## LITTORAL PROJECTS ENVIRONMENT ## Report and Accounts 31 March 2024 **Whiteside and Davies Chartered Certified Accountants** 158 Cromwell Road Salford M6 6DE ## **LITTORAL PROJECTS ENVIRONMENT Company Information** ## **Directors** Celia Larner Jacqueline Mary Ford ## **Registered number** 2526443 Charity number 1002365 ## **Trustees** J M Ford A.E Dennis (appointed 27/09/2022) C Larner ## **Secretary** C Larner ## **Accountants** Whiteside and Davies Chartered Certified Accountants and Registered Auditors 158 Cromwell Road Salford Manchester M6 6DE ## **Bankers** The Royal Bank of Scotland 36 St Andrew Square Edinburgh CAF Bank Kings Mill West Malling Kent ME19 4TA ## **Registered office** 42 Lodge Mill Turn Village Bury BL0 ORW LA22 9JB 1 **LITTORAL PROJECTS ENVIRONMENT Registered number: 2526443 Directors' Report** The directors present their report and accounts for the year ended 31 March 2024. ## **Principal activities** The company's principal activity during the year continued to be the running of the Merz Barn Cylinders Estate ## **Directors** The following persons served as directors during the year: Celia Larner Jacqueline Mary Ford ## **Small company provisions** This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 19 December 2024 and signed on its behalf. Ms Celia Larner Director 2 ## **LITTORAL PROJECTS ENVIRONMENT Profit and Loss Account for the year ended 31 March 2024** |**Turnover**
Administrative expenses
**Operating loss**
Profit on the disposal of tangible fixed assets
Interest receivable
**Profit/(loss) before taxation**
Tax on profit/(loss)
**Profit/(loss) for the financial year**|**2024**
**£**
-
(16,389)
(16,389)
28,162
7
11,780
-
11,780|**2023**
**£**
13,717
(31,113)
(17,396)
-
4
(17,392)
-
(17,392)| |---|---|---| 3 **LITTORAL PROJECTS ENVIRONMENT Registered number:** 2526443 **Balance Sheet as at 31 March 2024** |**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Debtors
4
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
5
**Net current liabilities**
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
6
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|**2024**
**£**
154,972
12,000
29,227
41,227
(71,012)
(29,785)
125,187
(85,000)
40,187
40,187
40,187|**2023**
**£**
155,972
12,000
16,447
28,447
(71,012)
(42,565)
113,407
(85,000)
28,407
28,407
28,407| |---|---|---| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. Ms Celia Larner Director Approved by the board on 19 December 2024 4 ## **LITTORAL PROJECTS ENVIRONMENT Statement of Changes in Equity for the year ended 31 March 2024** |**At 1 April 2022**
Loss for the financial year
**At 31 March 2023**
**At 1 April 2023**
Profit for the financial year
**At 31 March 2024**|**Share**
**capital**
**£**
-
-
-
-|**Share**
**premium**
**£**
-
-
-
-|**Re-**
**valuation**
**reserve**
**£**
-
-
-
-|**Profit**
**and loss**
**account**
**£**
45,799
(17,392)
28,407
28,407
11,780
40,187|**Total**
**£**
45,799
(17,392)
28,407
28,407
11,780
40,187| |---|---|---|---|---|---| 5 **LITTORAL PROJECTS ENVIRONMENT Notes to the Accounts for the year ended 31 March 2024** ## **1 Accounting policies** ## _**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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. ## _**Tangible fixed assets**_ Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |Freehold buildings|over 50 years| |---|---| |Leasehold land and buildings|over the lease term| |Plant and machinery|over 5 years| |Fixtures, fittings, tools and equipment|over 5 years| ## _**Debtors**_ Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. ## _**Creditors**_ Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |**2**
**Employees**
Average number of persons employed by the company|**2024**
**Number**
3|**2023**
**Number**
3| |---|---|---| 6 ## **LITTORAL PROJECTS ENVIRONMENT Notes to the Accounts** **for the year ended 31 March 2024** ## **3 Tangible fixed assets** |**Cost**
At 1 April 2023
Disposals
At 31 March 2024
**Depreciation**
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023
all fixed assets are used for direct charitable purposes.
The land and buildings were valued at around £251,000
As they consist of sites with artistic environmental
and agricultural importance, they are subject to planning restrictions
the properties have been stated at cost.
**4**
**Debtors**
**2024**
**£**
Trade debtors
12,000
various paintings were donated to the charity in a
prior year to help raise funds for various projects
The trustees estimate the value of the remaining
paintings to be in the region of £12,000
**5**
**Creditors: amounts falling due within one year**
**2024**
**£**
Other creditors
71,012
**6**
**Creditors: amounts falling due after one year**
**2024**
**£**
Other creditors
85,000|**Land and**
**buildings**
**£**
155,972
(1,000)
154,972
-
154,972
155,972
**2023**
**£**
12,000
**2023**
**£**
71,012
**2023**
**£**
85,000| |---|---| **6a** The company is limited by guatantee and has no share capital. ## **7 Other information** LITTORAL PROJECTS ENVIRONMENT is a private company limited by guarantee and incorporated in England. Its registered office is: 42 Lodge Mill Turn Village Bury BL0 ORW 7 ## **LITTORAL PROJECTS ENVIRONMENT** ## **Detailed profit and loss account for the year ended 31 March 2024** _This schedule does not form part of the statutory accounts_ |**Sales**
Administrative expenses
**Operating loss**
Profit on the disposal of tangible fixed assets
Interest receivable
**Profit/(loss) before tax**|**2024**
**£**
-
(16,389)
(16,389)
28,162
7
11,780|**2023**
**£**
13,717
(31,113)
(17,396)
-
4
(17,392)| |---|---|---| 8 ## **LITTORAL PROJECTS ENVIRONMENT** ## **Detailed profit and loss account for the year ended 31 March 2024** _This schedule does not form part of the statutory accounts_ |**Sales**
Sales
**Administrative expenses**
Premises costs:
Light and heat
General administrative expenses:
Telephone and internet
Stationery and printing
Project conservation
Conferences and event costs
Subscriptions
Bank charges
Insurance
Software
Repairs and maintenance
Sundry expenses
Legal and professional costs:
Independent Examiner fee
Advertising and PR
Other legal and professional|**2024**
**£**
-
777
777
269
340
5,139
55
-
60
547
1,785
-
77
8,272
780
-
6,560
7,340
16,389|**2023**
**£**
13,717
1,298
1,298
1,355
267
1,005
14,342
50
71
520
739
828
19
19,196
650
7,449
2,520
10,619
31,113| |---|---|---| 9