Manchester Historic Vehicle Club Limited 05208428 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is historical vehicles Digita Accounts Production Advanced 6.30.9574.0 true true 05208428 2023-09-01 2024-08-31 05208428 2024-08-31 05208428 core:RetainedEarningsAccumulatedLosses 2024-08-31 05208428 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 05208428 core:LandBuildings 2024-08-31 05208428 bus:SmallEntities 2023-09-01 2024-08-31 05208428 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 05208428 bus:FilletedAccounts 2023-09-01 2024-08-31 05208428 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 05208428 bus:RegisteredOffice 2023-09-01 2024-08-31 05208428 bus:CompanySecretary1 2023-09-01 2024-08-31 05208428 bus:Director1 2023-09-01 2024-08-31 05208428 bus:Director2 2023-09-01 2024-08-31 05208428 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 05208428 countries:AllCountries 2023-09-01 2024-08-31 05208428 2023-08-31 05208428 core:LandBuildings 2023-08-31 05208428 2022-09-01 2023-08-31 05208428 2023-08-31 05208428 core:RetainedEarningsAccumulatedLosses 2023-08-31 05208428 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 05208428 core:LandBuildings 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 05208428

Manchester Historic Vehicle Club Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Manchester Historic Vehicle Club Limited

Contents

Company Information

1

Statement of Financial Position

2

Notes to the Unaudited Financial Statements

3 to 5

 

Manchester Historic Vehicle Club Limited

Company Information

Directors

A S T Robertson

K Simons

Company secretary

R A Da Forno

Registered office

C/o Bright Partnership
26 Edward Court
Altrincham
WA14 5GL

Accountants

Bright Partnership Limited
Unit 26 Edward Court
Altrincham Business Park
Altrincham
WA14 5GL

 

Manchester Historic Vehicle Club Limited

(Registration number: 05208428)
Statement of Financial Position as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,675

1,635

Current assets

 

Cash at bank and in hand

 

2,013

2,028

Creditors: Amounts falling due within one year

5

(4,283)

(4,283)

Net current liabilities

 

(2,270)

(2,255)

Net liabilities

 

(595)

(620)

Capital and reserves

 

Retained earnings

(595)

(620)

Shareholders' deficit

 

(595)

(620)

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 September 2024 and signed on its behalf by:
 

.........................................
A S T Robertson
Director

 

Manchester Historic Vehicle Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
C/o Bright Partnership
26 Edward Court
Altrincham
WA14 5GL
England

These financial statements were authorised for issue by the Board on 11 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are presented in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Manchester Historic Vehicle Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Manchester Historic Vehicle Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 September 2023

1,675

1,675

At 31 August 2024

1,675

1,675

Depreciation

Carrying amount

At 31 August 2024

1,675

1,675

At 31 August 2023

1,635

1,635

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

703

703

Other creditors

3,580

3,580

4,283

4,283