for the Period Ended 31 December 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 31 December 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 January 2023
to
31 December 2023
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: Director
for the Period Ended
2023 | 2022 | |
---|---|---|
|
£ |
£ |
Turnover: |
|
|
Cost of sales: |
(
|
(
|
Gross profit(or loss): |
|
|
Distribution costs: |
|
|
Administrative expenses: |
(
|
(
|
Other operating income: |
|
|
Operating profit(or loss): |
|
|
Interest receivable and similar income: |
|
|
Interest payable and similar charges: |
|
|
Profit(or loss) before tax: |
|
|
Tax: |
(
|
(
|
Profit(or loss) for the financial year: |
|
|
As at
Notes | 2023 | 2022 | |
---|---|---|---|
|
£ |
£ |
|
Current assets | |||
Stocks: | 3 |
|
|
Debtors: | 4 |
|
|
Cash at bank and in hand: |
|
|
|
Investments: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 5 |
(
|
(
|
Net current assets (liabilities): |
|
|
|
Total assets less current liabilities: |
|
|
|
Provision for liabilities: |
(
|
(
|
|
Accruals and deferred income: |
|
(
|
|
Total net assets (liabilities): |
|
|
|
Members' funds | |||
Profit and loss account: |
|
|
|
Total members' funds: |
|
|
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 31 December 2023
Basis of measurement and preparation
Turnover policy
Valuation information and policy
Other accounting policies
for the Period Ended 31 December 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 31 December 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Stocks |
|
|
Total |
|
|
for the Period Ended 31 December 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other debtors |
|
|
Total |
|
|
for the Period Ended 31 December 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other creditors |
|
|
Total |
|
|
The company was formed to take over organisation and operation of the annual one day rowing racing event known as Bedford Amateur Regatta from former "Bedford Regatta Committee" with effect from 1st January 2019. In 2023 our 158th Bedford Amateur Regatta was originally set to take place as normal on Saturday 6th May but as this was King Charles 111 Coronation Day we moved it to Sunday 7th May. We hailed it as a "Coronation Regatta " awarding specially engraved commemorative winners tankards and the whole event was strongly attended by Rowing Clubs, Universities, and Schools. Overall a successful well run full day sporting event through the middle of Bedford Town and a great spectacle for towns folk and supporters The Accounts for year ended 31/12/2023 reflect another positive financial performance with a net surplus of £1204 before corporation tax , helping to secure the continuity of the event into the future.
In 2023 the Regatta took place on Sunday 7th May ( the day after King Charles 111 Coronation) . As normal considerable planning has to be undertaken requiring contact with stakeholders as follows :- - Bedford Borough Council re usage of public areas along the river over the 1200 metres racing course and more particularly the renowned Embankment and Suspension Bridge (finish line ) areas . - British Rowing Organisation with whom our event is affiliated and whose rules of racing we operate under. - The local and whole broader rowing community who provide competitiors , umpires, marshals , and helpers .
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
4 September 2024
And signed on behalf of the board by:
Name: Ian Taylor
Status: Director