IRIS Accounts Production v24.1.9.2 01446647 Board of Directors 1.1.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh014466472022-12-31014466472023-12-31014466472023-01-012023-12-31014466472021-12-31014466472022-01-012022-12-31014466472022-12-3101446647ns15:EnglandWales2023-01-012023-12-3101446647ns14:PoundSterling2023-01-012023-12-3101446647ns10:Director12023-01-012023-12-3101446647ns10:CompanyLimitedByGuarantee2023-01-012023-12-3101446647ns10:SmallEntities2023-01-012023-12-3101446647ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3101446647ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3101446647ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3101446647ns10:AbridgedAccounts2023-01-012023-12-3101446647ns10:Director22023-01-012023-12-3101446647ns10:Director32023-01-012023-12-3101446647ns10:Director42023-01-012023-12-3101446647ns10:CompanySecretary12023-01-012023-12-3101446647ns10:RegisteredOffice2023-01-012023-12-3101446647ns5:CurrentFinancialInstruments2023-12-3101446647ns5:CurrentFinancialInstruments2022-12-3101446647ns5:RetainedEarningsAccumulatedLosses2023-12-3101446647ns5:RetainedEarningsAccumulatedLosses2022-12-3101446647ns5:FurnitureFittings2023-01-012023-12-3101446647ns5:ComputerEquipment2023-01-012023-12-31
REGISTERED NUMBER: 01446647 (England and Wales)















CAMBRIDGE CAR CLUB LIMITED
(LIMITED BY GUARANTEE)

Unaudited Financial Statements

For The Year Ended 31 December 2023






CAMBRIDGE CAR CLUB LIMITED (REGISTERED NUMBER: 01446647)
(LIMITED BY GUARANTEE)

Contents of the Financial Statements
For The Year Ended 31 December 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CAMBRIDGE CAR CLUB LIMITED
(LIMITED BY GUARANTEE)

Company Information
For The Year Ended 31 December 2023







DIRECTORS: P R James
C S Grounds
M Sansom
S D Tonks





SECRETARY: C S Grounds





REGISTERED OFFICE: 19 Youngman Avenue
Histon
Cambridgeshire
CB24 9HP





REGISTERED NUMBER: 01446647 (England and Wales)





ACCOUNTANTS: Hilden Park Accountants Limited
Chartered Accountants
Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TN11 9BH

CAMBRIDGE CAR CLUB LIMITED (REGISTERED NUMBER: 01446647)
(LIMITED BY GUARANTEE)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,677 3,866

CURRENT ASSETS
Debtors 1,338 1,019
Cash at bank 40,244 12,869
41,582 13,888
CREDITORS
Amounts falling due within one year 34,203 7,673
NET CURRENT ASSETS 7,379 6,215
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,056

10,081

RESERVES
Income and expenditure account 11,056 10,081
11,056 10,081

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

CAMBRIDGE CAR CLUB LIMITED (REGISTERED NUMBER: 01446647)
(LIMITED BY GUARANTEE)

Abridged Balance Sheet - continued
31 December 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2024 and were signed on its behalf by:





P R James - Director


CAMBRIDGE CAR CLUB LIMITED (REGISTERED NUMBER: 01446647)
(LIMITED BY GUARANTEE)

Notes to the Financial Statements
For The Year Ended 31 December 2023


1. STATUTORY INFORMATION

Cambridge Car 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax, from the provision of the promotion of motor sport during the period. Turnover is recognised according to the stage of completion of the contract to which it relates. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Cups and Trophies - not provided
Equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

CAMBRIDGE CAR CLUB LIMITED (REGISTERED NUMBER: 01446647)
(LIMITED BY GUARANTEE)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2023


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 8,031
DEPRECIATION
At 1 January 2023 4,165
Charge for year 189
At 31 December 2023 4,354
NET BOOK VALUE
At 31 December 2023 3,677
At 31 December 2022 3,866

5. LIABILITY OF MEMBERS

The company is limited by guarantee. Each member of the company undertakes to contribute to the assets of the company, in the event of it being wound up while he / she is a member, and of the costs, charges and expenses of winding up, and for the adjustment of rights of the contributors among themselves, such amount as may be required not exceeding £5. The number of members at 31 December 2023 was 61 (2022: 71).

6. CONTROL

The company is under the joint control of the board of the directors.