for the Period Ended 30 November 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 November 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 December 2022
to
30 November 2023
Secretary
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Secretary
for the Period Ended
2023 | 2022 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Administrative expenses: |
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(
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Other operating income: |
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Operating profit(or loss): |
( |
( |
Profit(or loss) before tax: |
( |
( |
Profit(or loss) for the financial year: |
( |
( |
As at
Notes | 2023 | 2022 | |
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Stocks: | 4 |
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Debtors: | 5 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 6 |
(
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(
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Net current assets (liabilities): |
( |
( |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 7 |
(
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(
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 November 2023
Basis of measurement and preparation
for the Period Ended 30 November 2023
2023 | 2022 | |
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Average number of employees during the period |
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for the Period Ended 30 November 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 December 2022 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 November 2023 |
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Depreciation | ||||||
At 1 December 2022 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 30 November 2023 |
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Net book value | ||||||
At 30 November 2023 |
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At 30 November 2022 |
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for the Period Ended 30 November 2023
2023 | 2022 | |
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£ | £ | |
Stocks |
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Total |
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for the Period Ended 30 November 2023
2023 | 2022 | |
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£ | £ | |
Trade debtors |
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Total |
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for the Period Ended 30 November 2023
2023 | 2022 | |
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£ | £ | |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Total |
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for the Period Ended 30 November 2023
2023 | 2022 | |
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£ | £ | |
Bank loans and overdrafts |
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Total |
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The company operates The Comrades Community and Veterans Social Club CIC. The company aims are to provide facilities for social interaction to members of Veterans and community groups and associations through the operation of a licensed premises social club. In common with other licensed companies in the hospitality sector, trading conditions through the reporting period have been impacted by economic conditions in social patterns particularly amongst senior citizens and veterans throughout the reporting period. Continued responsibility for the organisation and administrative support, traffic marshals for the annual act of Remembrance parade and Church Service with financial assistance and catering facilities for post parade reception for veterans and civic dignitaries. Provide employment for one full time employee and four-part time recruited from the local community. Made financial donations to various national maritime charities. Continued organisation status with concessionary membership for members of Lossiemouth Branch of the Royal Naval Association, Royal Air Force Association and Royal British Legion (Scotland) Lossiemouth Branch. Provided Lossiemouth Coastal Rowing Club, Seafest committee and other community groups access to club facilities to further their social and charitable aims Completed grant work funded by the Armed Forces Covenant Community Centres funding programme for enhancement of premises and access for patrons with mobility issues This work included improved access to facilities by introducing a level paved area at street level to access lower level of club facilities and stair lift for access to upper-level function room. Accessibility toilets have been installed on both levels, including CIC funded electrical work, updating switchboards and replacement of fluorescent light fittings with eco compliant LED fittings. Air conditioning units have been installed throughout the building. The Directors and committee intend to focus on building on these strengths and increasing membership especially from the veteran community.
The stakeholders are members of the club, visitors, member organisations, veterans’ associations and charitable and community groups who make use of the facilities provided. The Directors delegate responsibility for management of the club to an elected committee who manage the social aspects of the club. Committee meetings attended by the Directors are held on a monthly basis to receive financial and business development reports. An annual general meeting usually held in February of each year for the election and reappointment of directors and committee members and adoption of independently examined accounts. Motions are accepted from members for discussion and adoption by majority vote. The Company secretary liaises with member organisations, community groups and charities who use the club premises and elicits feedback on customer satisfaction on facilities provided. The elected committee is well supported by the members with a total of six non directors and four directors.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
8 August 2024
And signed on behalf of the board by:
Name: DAVID SPROTT
Status: Director