Company number 2526443
Charity number 1002365
LITTORAL PROJECTS ENVIRONMENT
DIRECTORS' AND TRUSTEES' REPORT AND ACCOUNTS
31 March 2025
LITTORAL PROJECTS ENVIRONMENT Legal and administrative Information
Directors
C Larner A.E Dennis (resigned 02 September 2024) J M Ford A Corrie (appointed 10 September 2024)
Trustees
J M Ford A.E Dennis (appointed 27/09/2022) C Larner
Secretary
C Larner
Company number
2526443
Registered charity number
1002365
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
18 Mounts Bay Lodge New Town Lane Penzance Cornwall TR18 2FJ
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LITTORAL PROJECTS ENVIRONMENT STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2025
| Unrestricted Restricted funds funds Notes 2025 2025 £ £ INCOMING RESOURCES Profit on sale of land Donations 2 70,000 Charitable activities and registrations 2 3,647 0 interest received 61 Total income 73,708 0 RESOURCES EXPENDED Direct charitable expenditure 9 116,696 Charitable expenditure: Distribution costs Governance costs 10 780 - Total expenditure 12 117,476 0 NET (OUTFLOW)/INFLOW FOR THE YEAR 3 (43,768) - Total funds: Brought forward 40,187 Interest receivable Carried forward -3,581 0 |
Total 2025 £ 70,000 3,647 61 73,708 116,696 - 780 117,476 (43,768) 40,187 (3,581) |
Total 2024 £ 28,162 - - 7 28,169 15,060 - 1,327 16,387 11,780 28,407 - 40,187 |
|---|---|---|
Continuing operations
None of the company's activities were acquired or discontinued during the above two financial years.
Statement of total recognised gains and losses
The company has no recognised gains or losses other than the profit for the above two financial years.
The accompanying accounting policies and notes form an integral part of these accounts
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LITTORAL PROJECTS ENVIRONMENT Balance Sheet as at 31 March 2025
| Notes | 2025 | 2024 | |||
|---|---|---|---|---|---|
| £ | £ | ||||
| Fixed assets | |||||
| Tangible assets | 4 | 541 | 154,972 | ||
| Current assets | |||||
| Current asset investments | 5 | - | 12,000 | ||
| Cash at bank and in hand | 51,243 | 29,227 | |||
| Creditors: amounts falling due within one year |
6 | 51,243 (700) |
41,227 (71,012) |
||
| Net current assets/(liabilities) | 50,543 | (29,785) | |||
| Total assets less current liabilities Creditors: amounts falling due after more than one year |
7 | 51,084 (54,665) |
125,187 (85,000) |
||
| Net assets | (3,581) | 40,187 | |||
| Funds: Unrestricted funds Restricted funds |
(3,581) - |
40,187 | |||
| (3,581) | 40,187 |
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.
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.
C Larner Approved by the Trustees on 23 January 2026
The accompanying accounting policies and notes form an integral part of these accounts
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LITTORAL PROJECTS ENVIRONMENT Notes to the Accounts for the year ended 31 March 2025
1 Accounting policies
Basis of preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
The company has taken advantage of exemption in Financial Reporting Standard No 1 from the requirement to produce a cashflow statement on the grounds that it qualifies as a small company.
Depreciation
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 land 0% Plant and machinery 15 % - 25% Straight line
Incoming resources
Income consists of grants, voluntary income and donations and fees generated from its charitable activities.
Fees generated from charitable activities comprise of amounts receivable during the year. Voluntary income and donations are accounted for as received.
Income from grants are recognised on an accruals basis when acceptance from the granting body is received and conditions for receipt have been satisfied. Grants are allocated on the basis of the project for which they were raised.
Resources expended
Resources expended have been included in the Statement of Financial Activities on an accruals basis, inclusive of VAT which cannot be recovered.
Expenditure which is directly attributable to specific activities has been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost category on a basis consistent with the use of these resources.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the accountancy fees and costs linked to the strategic management of the charity.
There were no material fundraising costs during the year.
Funds
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Unrestricted funds are available for use at the discretion of the directors in furtherance of the general objectives of the charity.
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LITTORAL PROJECTS ENVIRONMENT Notes to the Accounts for the year ended 31 March 2025
| 2 Incoming resources Grants receivable Heritage Lottery Fund Hadfield Trust Covid Recovery Programme Small donations 3 Surplus for the year This is stated after charging: Accountants fee 4 Tangible fixed assets Cost At 1 April 2024 disposal At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 |
2025 Unrestricted £ - Freehold land and buildings £ 155,431 (155,431) - - - - - 155,431 |
2025 Restricted £ - 2025 £ 780 Plant and machinery £ 17,744 17,744 17,203 - 17,203 541 541 |
2024 Total £ 0 2024 £ 780 Total £ 173,175 (155,431) 17,744 17,203 - 17,203 541 155,972 |
|---|---|---|---|
All fixed assets are used for direct charitable purposes.
Fixed assets are stated at cost. Any donated assets are stated at the value at the date of donation or the value at the balance sheet date if materially different.
The land and buildings have been transferred to Factum Foundation London on the 19th August 2024
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LITTORAL PROJECTS ENVIRONMENT Notes to the Accounts for the year ended 31 March 2025
| 5 Current asset investments Various paintings to be sold |
2025 £ - - |
2024 £ 12,000 12,000 |
2024 | |
|---|---|---|---|---|
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. These have now been delivered to Factum on 04 June 2025 and a note sent informing they have been received by the Charity
| 6 Creditors: amounts falling due within one year Other creditors Accruals and deferred income 7 Creditors: amounts falling due after one year Other creditors |
2025 £ - 700 700 2025 £ 54,665 |
2024 £ 69,265 1,747 71,012 2024 £ 85,000 |
|---|---|---|
creditors include an amount of £54,665 due to C Larner
The company is limited by guarantee and has no share capital.
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LITTORAL PROJECTS ENVIRONMENT Notes to accounts
for the year ended 31 March 2025
| 9 Direct charitable expenditure Conferences and event costs Project conservation Support costs (see note 11) Distributions Distribution costs Distribution costs 10 Governance costs Insurance Independent Examiners fees 11 Support costs Telephone and fax Sundry expenses subscription Printing, postage and stationery Computer and website expenses Bank charges Repairs Motor and travel Advertising and PR services Legal fees |
2025 Unrestricted fund £ 3,338 8,356 105,000 116,694 780 780 - 358 1,370 60 - (625) 7,194 8,357 |
2025 Restricted fund £ - - - - - - - - - - - - |
2025 Total fund £ 3,338 8,358 105,000 116,696 780 780 - - 358 1,370 60 - - - (625) 7,195 8,358 |
2024 Total fund £ 55 5,139 9,868 - 15,062 547 780 1,327 269 77 340 1,785 60 777 6,560 9,868 |
||
|---|---|---|---|---|---|---|
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LITTORAL PROJECTS ENVIRONMENT
Notes to accounts
for the year ended 31 March 2025
| 12 14 |
Expenditure Direct charitable expenditure Motor travel and subsistence Telephone and fax Insurance Independent Examiners fees Sundry expenses Printing, postage and stationery Repairs Services Legal Conservation Computer and website expenses Bank charges Funds Funds Cumbria Fells & Dales Leader + Programme Lodgemill Land Save the Merz Barn & Cylnders Arts and Agriculture Restricted funds Unrestricted funds Total funds |
2025 Unrestricted £ 105,000 780 357 625 - 7,195 3,338 1,371 60 117,476 Bal B/F 1.04.2024 £ 11,871 - - 34,955 5,306 28,390 17 28,407 |
2025 Restricted £ - - - - - - - - - - - - 0 Incoming resources £ - - - - |
2024 Total £ 105,000 - - - 780 - 357 (625) 7,195 3,338 1,371 60 117,476 Resources expended £ - 0 - |
2024 Total £ 5,194 - 269 547 780 77 340 777 6,560 1,785 60 16,389 Balance 31.3.25 £ 11,871 - 0 34,955 5,306 28,390 17 28,407 |
|---|---|---|---|---|---|
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