**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| - 2 - **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 - 3 - ## **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 - 4 - **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)| - 5 - ## **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 - 6 - **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). - 7 - ## **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)| - 8 -