The following are from Cleley Hundred Slips by Philip Riden
PRO BT 31/38897/481243 Sand and Gravel 1951
12 May 1951. Resolution to turn Co. into a public co.
7 July 1951. Annual return. 8000 shares issued and fully paid. Same four directors (Ethell, Betts, Nicholls and Fawson). Shareholdings unchanged.
29 May 1951. Dividend of 5% recommended.
Balance sheet, Net profit £521. Creditors £2141. Assets, land at Castlethorpe £16000 purchase price, less £923 for stocks of extracted sand and gravel, leaves £15076. Plant and machinery £6824. Horses £233, Stock of sand and gravel £103, Debtors £2996. Bank £2184 cr.
P&L: Sales £9004; GP £4617, plus £194 rets and £140 plant hire.
13 July 1951: Statement in lieu of prospectus. Cosgrove Lodge estate bought from C R Whiting for £24000.
PRO BT 31/38897/481243 Sand and Gravel 1952
19 March 1952. Further charge of £12000 on Cosgrove Lodge estate 109a. To John Edward Holdich Wartnaby, 31 Great Peter St, Westminster, solr and Ronald Agars Walker, Ightham Place, Sevenoaks, Kent, physician; Harold George Smith, 53 Archery Road Eltham, co dir.
19 March 1952. Memorandum of satisfaction that the legal charge of 1950 is paid off in full.
FJ Fawson died 1952 and has not been replaced.
10 Nov 1952. Annual return, 11000 shared issued and fully paid. Balance sheet to 31.12.51. Shares now £11000, creditors £2414, bank £51 dr. Fixed assets £22002, debtors £3145. P&L: Sales £11775, GP £6071, plant hire £737, rents £105; after expenses loss of £700. Trading account includes directors fees of £1600.
Three directors as before; all now directors of Laurence Turner & Co Ltd, as well as Betts & Faulkner. The additional 3000 shared taken by the four individual directors who now have 2500 or 2450 (Ethell) each.
PRO BT 31/38897/481243 Sand and Gravel 1953
31 Dec 1953. 11000 shares, three directors. £12000 is at 4.5%. Sinking fund of £1000 on dr side towards redeeming this. Sales £14120 plus £3800 from haulage; GP £8424, Plant hire £1035, rent £105. Net loss £3 after expenses.
1000 shares held by Betts & Faulkner have been transferred (250 each) to three directors and Mrs Fawson.
NRO, NCC Planning Committee mins 8 June 1961 Sand and Gravel
Application by Cosgrove Sand and Gravel Co Ltd to build country club with swimming, sailing facilities at Cosgrove. Site comprises disused sand and gravel workings SE of village. Could not be economically used for agriculture because of high water table. Approved subject to highway etc conditions.
Later sub-committee hears report from CPO that following sale of Cosgrove property by auction, application to convert to country club and lido had been withdrawn awaiting proposals from new owner.