2024-09-30-accounts - Common Ground Abbeydale Limited

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Company Registration No. 08217403 (England and Wales)

COMMON GROUND ABBEYDALE LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

COMMON GROUND ABBEYDALE LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS

	Page
Company information	3
Director's report	4
Income statement	5
Statement of financial position	6
Notes to the accounts	7
Detailed profit and loss account	8

COMMON GROUND ABBEYDALE LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2024

Director

Company Number

Registered Office

Accountants

Mr Jacob Hurst

08217403 (England and Wales)

ST PETER'S COMMUNITY HALL WOODSTOCK ROAD MACHON BANK SHEFFIELD SOUTH YORKSHIRE S7 1HA

Abacus Accounting Services 66 Abbeydale Rd Sheffield S7 1FD

COMMON GROUND ABBEYDALE LIMITED (COMPANY NO: 08217403 ENGLAND AND WALES) DIRECTOR'S REPORT

The director presents his report and accounts for the year ended 30 September 2024.

Directors

Mr Jacob Hurst held office during the whole of the period.

Statement of directors' responsibilities

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.

Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors

............................................................................

Mr Jacob Hurst Director

Approved by the board on: 30 June 2025

COMMON GROUND ABBEYDALE LIMITED INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024

Turnover Administrative expenses Operating profit/(loss) Profit/(loss) on ordinary activities before taxation Tax on profit/(loss) on ordinary activities Profit/(loss) for the financial year	2024 £ 54,557 (39,649) 14,908 14,908 - 14,908	2023 £ 46,031 (51,752)
		(5,721)
		(5,721) -
		(5,721)

COMMON GROUND ABBEYDALE LIMITED STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2024

Notes Fixed assets Tangible assets 4 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Net assets Capital and reserves Profit and loss account Shareholders' funds	2024 £ 4,382 36,877 (1,220) 35,657 40,039 40,039 40,039	2023 £ 3,969 22,382 (1,220)
		21,162
		25,131
		25,131
		25,131

For the year ending 30 September 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities.

The financial statements were approved by the Board and authorised for issue on 30 June 2025 and were signed on its behalf by

Mr Jacob Hurst Director

Company Registration No. 08217403

COMMON GROUND ABBEYDALE LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Statutory information

COMMON GROUND ABBEYDALE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08217403. The registered office is ST PETER'S COMMUNITY HALL WOODSTOCK ROAD, MACHON BANK, SHEFFIELD, SOUTH YORKSHIRE, S7 1HA.

2 Compliance with accounting standards

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

3 Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency

The accounts are presented in £ sterling.

Tangible fixed assets and depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

4 Tangible fixed assets Cost or valuation At 1 October 2023 Additions At 30 September 2024 Depreciation At 30 September 2024 Net book value At 30 September 2024 At 30 September 2023 5 Creditors: amounts falling due within one year 2024 £ Other creditors 1,220	Fixtures & fittings £ At cost 3,969 413
	4,382

	-
	4,382
	3,969
	2023 £ 1,220

6 Average number of employees

During the year the average number of employees was 0 (2023: 0).

COMMON GROUND ABBEYDALE LIMITED DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024

This schedule does not form part of the statutory accounts.

This schedule does not form part of the statutory accounts.
Turnover Sales Administrative expenses Entertaining Rent Light and heat Cleaning Internet Insurance Repairs and maintenance Donations Sundry expenses Accountancy fees Operating profit/(loss) Profit/(loss) on ordinary activities before taxation	2024 £ 54,557 1,009 6,165 11,166 3,635 961 304 14,799 - 1,250 360 39,649 14,908 14,908	2023 £ 46,031
		1,356 7,069 7,893 - 1,867 289 28,663 1,000 3,255 360
		51,752
		(5,721)
		(5,721)