Report of Directors and Financial statements For the Year Ended 30 September 2020
For
COMMON GROUND ABBEYDALE LTD
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COMMON GROUND ABBEYDALE LTD
CONTENTS OF THE FINANCIAL STATEMENTS For the Year Ended 30 September 2020
| Page | |
|---|---|
| Company Information | 3 |
| Report of the Directors | 4 |
| Profit and Loss Account | 5 |
| Balance Sheet | 6,7 |
| Notes to the Financial Statements | 8,9 |
| Income and Expenditure Account | 10 |
| Accountants Report | 11 |
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COMMON GROUND ABBEYDALE LTD
COMPANY INFORMATION For the Year Ended 30 September 2020
DIRECTORS Mr Gary Simmons-Black Mr Ali Qadar Mr Nicholas Williams (resigned 20/05/2020) Mr Jacob William Hurst Secretary none REGISTERED OFFICE St Peters Community Hall Woodstock Road, Machon Bank Sheffield, S7 1HA COMPANY NUMBER 08217403 CHARITY NUMBER 1150557 ACCOUNTANTS Abacus Accounting Services 66 Abbeydale Road Sheffield S7 1FD
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COMMON GROUND ABBEYDALE LTD
Report of the Directors
For the Year Ended 30 September 2020
The directors present their report with the financial statements of the company for the year ended 30 September 2020.
PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of a charitable organisation.
DIRECTORS
Directors during the period were as follows
Names
Mr Gary Simmons-Black Mr Ali Qadar Mr Nicholas Williams (resigned 20/05/2020)
Mr Jacob William Hurst
The beneficial interests in the issued share capital of the company was as follow :
30/09/2020 30/09/2019
N/A
This report has been prepared in accordance with the special provisions of part VII of the companies Act 2006 relating to small companies
ON BEHALF OF THE BOARD
Director…………………………………………
Dated……………………………………………
This page forms part of these financial statements
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COMMON GROUND ABBEYDALE LTD
PROFIT AND LOSS ACCOUNT
For the Year Ended 30 September 2020
| 30-Sep-20 | 30-Sep-19 | |||
|---|---|---|---|---|
| £ | £ | |||
| TURNOVER | 25167 | 23827 | ||
| Cost of sales | 0 | 0 | ||
| GROSS PROFIT | 25167 | 23827 | ||
| Administrative expenses | 19744 | 18705 | ||
| OPERATING PROFITS | 5423 | 5120 | ||
| Interest payable and | 0 | 0 | ||
| Similar charges | ||||
| PROFIT/(LOSS) ON ORDINARY ACTIVITIES | 5423 | 5120 | ||
| BEFORE TAXATION | ||||
| Tax on Profit on ordinary activities | 0 | 0 | ||
| PROFIT/(LOSS) AFTER TAXATION | 5423 | 5120 | ||
| Dividends | 0 | 0 | ||
| Retained profit brought forward | 9137 | 4017 | ||
| RETAINED PROFIT CARRIED FORWARD | £ | 14560 | £ | 9137 |
This page forms part of these financial statements
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COMMON GROUND ABBEYDALE LTD
BALANCE SHEET
For the Year Ended 30 September 2020
| £ £ FIXED ASSETS: Tangible Assets 720 Additions 1504 2224 CURRENT ASSETS: Cash in Hand 0 Debtors 0 Cash at Bank 12806 12806 CURRENT LIABILITIES Creditors and Accruals 470 Deferred Liabilities 0 Bank Loan 0 Other Loan 0 Corporate Tax 0 470 NET CURRENT LIABILITIES: 12336 TOTAL ASSETS LESS CURRENT LIABILITIES 14560 LONG TERM LIABILITIES: Directors Loan Account 0 Bank Loans 0 Connected Company Loans 0 0 TOTAL ASSETS LESS LIABILITIES 14560 CAPITAL AND RESERVES: Called up share capital 0 Profit and loss account 14560 SHAREHOLDERS FUNDS: 14560 30-Sep-20 |
30-Sep-19 | 30-Sep-19 |
|---|---|---|
| £ 0 0 9617 |
£ 3720 3000 |
|
| 720 8417 |
||
| 9617 | ||
| 360 840 0 0 0 |
||
| 1200 | ||
| 0 0 0 |
||
| 9137 0 |
||
| 9137 | ||
| 0 9137 |
||
| 9137 |
This page forms part of these financial statements
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COMMON GROUND ABBEYDALE LTD
BALANCE SHEET
For the Year Ended 30 September 2020
For the year ending 30th September 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's Responsibilities
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director's 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 in accordance with the provisions applicable to companies subject to the small companies regime.
ON BEHALF OF THE BOARD
Director…………………………………
Approved by the board on ………………………….
This page forms part of these financial statements
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COMMON GROUND ABBEYDALE LTD
NOTES TO THE FINANCIAL STATEMENTS For the Year Ended 30 September 2020
ACCOUNTING POLICIES
ACCOUNTING CONVENTIONS
The financial statement has been prepared under the historical cost convention and in accordance with the financial reporting standard for smaller entities.
(Note 1)
FIXED ASSETS
| FIXED ASSETS | |
|---|---|
| Tangible Assets Balance at beginning of year Additions during the year Total Less Grants during the year Balance at end of the year |
30-Sep-20 30-Sep-19 £ £ 720 0 1504 3720 |
| 2224 3720 0 3000 |
|
| 2224 720 |
This page forms part of these financial statements
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COMMON GROUND ABBEYDALE LTD
NOTES TO THE FINANCIAL STATEMENTS For the Year Ended 30 September 2020
(Note 2)
| CREDITORS AND ACCRUALS | 30-Sep-20 | 30-Sep-19 |
|---|---|---|
| £ | £ | |
| Rent | 0 | 0 |
| Accountancy | 470 | 360 |
| Repairs | 0 | 0 |
| Deferred Liabilities | 0 | 840 |
| 470 | 1200 |
These notes form part of these financial statements
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COMMON GROUND ABBEYDALE LTD
Income and Expenditure Account For the Year Ended 30 September 2020
| Income Rents Received Grant SCC Donations Lottery Grants Expenditure Repairs & Refurbishment Rent and Insurance Light and Heat Internet Charges Insurance Sundries and Cleaning Accountancy Bank Charges and Interest Loan Interest Net Profit |
£ 12891 1387 2794 943 269 1100 360 |
£ 13397 10610 320 840 |
|---|---|---|
| 25167 19744 |
||
| 5423 | ||
| 0 0 |
||
| 5423 |
This page does not form part of these financial statements
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COMMON GROUND ABBEYDALE LTD
Accountants Report For the Year Ended 30 September 2020
Accountants Report to the board of Directors on the Unaudited Financial Statements of Common Ground Abbeydale Limited.
In order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company which comprise Profit and Loss Account and Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
The report is made to the Company’s Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Company’s Board of Directors that we have done so’ and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to any one other than the Company and the Company’s Board of Directors, as a body, for our work or for this report.
You have acknowledged on the balance sheet as at 30.09.2020 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore. express any opinion on the financial statements.
Abacus Accounting Services 66 Abbeydale Road Sheffield S7 1FD
Date
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