IRIS Accounts Production v24.2.0.383 01527651 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh015276512022-11-30015276512023-11-30015276512022-12-012023-11-30015276512021-11-30015276512021-12-012022-11-30015276512022-11-3001527651ns15:EnglandWales2022-12-012023-11-3001527651ns14:PoundSterling2022-12-012023-11-3001527651ns10:Director12022-12-012023-11-3001527651ns10:Director22022-12-012023-11-3001527651ns10:CompanyLimitedByGuarantee2022-12-012023-11-3001527651ns10:SmallEntities2022-12-012023-11-3001527651ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3001527651ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3001527651ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3001527651ns10:FullAccounts2022-12-012023-11-300152765112022-12-012023-11-3001527651ns10:Director32022-12-012023-11-3001527651ns10:Director42022-12-012023-11-3001527651ns10:Director52022-12-012023-11-3001527651ns10:Director62022-12-012023-11-3001527651ns10:CompanySecretary12022-12-012023-11-3001527651ns10:RegisteredOffice2022-12-012023-11-3001527651ns5:CurrentFinancialInstruments2023-11-3001527651ns5:CurrentFinancialInstruments2022-11-3001527651ns5:FurtherSpecificReserve1ComponentTotalEquity2023-11-3001527651ns5:FurtherSpecificReserve1ComponentTotalEquity2022-11-3001527651ns5:FurtherSpecificReserve2ComponentTotalEquity2023-11-3001527651ns5:FurtherSpecificReserve2ComponentTotalEquity2022-11-3001527651ns5:RetainedEarningsAccumulatedLosses2023-11-3001527651ns5:RetainedEarningsAccumulatedLosses2022-11-3001527651ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3001527651ns5:ComputerSoftware2022-12-012023-11-3001527651ns5:PlantMachinery2022-12-012023-11-3001527651ns5:IntangibleAssetsOtherThanGoodwill2022-11-3001527651ns5:IntangibleAssetsOtherThanGoodwill2023-11-3001527651ns5:IntangibleAssetsOtherThanGoodwill2022-11-3001527651ns5:LandBuildings2022-11-3001527651ns5:PlantMachinery2022-11-3001527651ns5:LandBuildings2022-12-012023-11-3001527651ns5:LandBuildings2023-11-3001527651ns5:PlantMachinery2023-11-3001527651ns5:LandBuildings2022-11-3001527651ns5:PlantMachinery2022-11-3001527651ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3001527651ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 01527651 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Triumph Sports Six Club Limited

Triumph Sports Six Club Limited (Registered number: 01527651)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Triumph Sports Six Club Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mr P C Girling
Mr C P Gunby
Mr T Hartley
Mrs T Hawes
Mr N J Hill
Miss J Rowley





SECRETARY: Mrs T Hawes





REGISTERED OFFICE: Sunderland Court
Main Street
Lubenham
Leicestershire
LE16 9TF





REGISTERED NUMBER: 01527651 (England and Wales)





ACCOUNTANTS: Clifford Roberts
63 Broad Green
Wellingborough
Northamptonshire
NN8 4LQ

Triumph Sports Six Club Limited (Registered number: 01527651)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 485,172 479,457
Investments 6 85,830 85,830
571,002 565,287

CURRENT ASSETS
Stocks 33,454 37,720
Debtors 7 20,527 22,086
Cash at bank and in hand 132,442 156,438
186,423 216,244
CREDITORS
Amounts falling due within one year 8 47,538 57,869
NET CURRENT ASSETS 138,885 158,375
TOTAL ASSETS LESS CURRENT
LIABILITIES

709,887

723,662

RESERVES
General reserve 5,978 5,978
Building reserve 467,366 467,366
Income and expenditure account 236,543 250,318
709,887 723,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Triumph Sports Six Club Limited (Registered number: 01527651)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:




Mrs T Hawes - Director



Mr C P Gunby - Director


Triumph Sports Six Club Limited (Registered number: 01527651)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Triumph Sports Six Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue
Turnover represents net invoices sale of goods and services, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Triumph Sports Six Club Limited (Registered number: 01527651)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2022
and 30 November 2023 2,135
AMORTISATION
At 1 December 2022
and 30 November 2023 2,135
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 572,739 88,104 660,843
Additions - 11,025 11,025
At 30 November 2023 572,739 99,129 671,868
DEPRECIATION
At 1 December 2022 107,126 74,260 181,386
Charge for year - 5,310 5,310
At 30 November 2023 107,126 79,570 186,696
NET BOOK VALUE
At 30 November 2023 465,613 19,559 485,172
At 30 November 2022 465,613 13,844 479,457

6. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2023 2022
£    £   
Vintage cars and memorabilia 85,830 85,830

Triumph Sports Six Club Limited (Registered number: 01527651)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,365 5,236
Other debtors 16,162 16,850
20,527 22,086

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 29,384 33,896
Taxation and social security 2,165 2,027
Other creditors 15,989 21,946
47,538 57,869