WALTON BOATHOUSE CIC

Company Registration Number:
00511998 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

WALTON BOATHOUSE CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Balance sheet
Additional notes
Community Interest Report

WALTON BOATHOUSE CIC

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

The principal activity of the company has been to continue to lease its freehold land to Walton Rowing Club Limited. The lease is for a term of 35 years from September 2020, at peppercorn rent per annum, if demanded. Walton Rowing Club Limited has agreed to pay all future administrative costs of the company. In consideration of this, the company has agreed to waive rent due by the club as it arises in the future. The directors have agree to allow the directors of Walton Rowing Club Limited to permit British Rowing to take a charge over the lease to cover funds advanced to meet the building works on the clubhouse in 2010. The Directors do not consider that this land has a current market value.



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Sarah Clarke
David Clarke
Brian Martin
Neil West
Eira Parry
Richard Thiemann
Robert Moore
Alison Jackson
Peter Knight
Ken Roberts


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
16 September 2024

And signed on behalf of the board by:
Name: Sarah Clarke
Status: Director

WALTON BOATHOUSE CIC

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Called up share capital not paid: 160 160
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 0 0
Total assets less current liabilities: 160 160
Total net assets (liabilities): 160 160
Capital and reserves
Called up share capital: 160 160
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 0 0
Total Shareholders' funds: 160 160

The notes form part of these financial statements

WALTON BOATHOUSE CIC

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 13 September 2024
and signed on behalf of the board by:

Name: Sarah Clarke
Status: Director

The notes form part of these financial statements

WALTON BOATHOUSE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WALTON BOATHOUSE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

WALTON BOATHOUSE CIC

Company Number: 00511998 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

In accordance with it's objectives, the company continues to hold, for the benefit of the community, a freehold site in Walton on Thames, which can be leased to one or more organisations for use as a rowing club or boat club. Since 1971 the site has been leased to Walton Rowing Club which is a successful club providing rowing, sculling and training facilities for a wide variety of participants of and all ages and abilities.

Consultation with stakeholders

The syakeholders are all members of the rowing club, The Directors remain in close and frequent contact with the officers and other members of the club and are very satisfied with the use of the site.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 September 2024

And signed on behalf of the board by:
Name: Sarah Clarke
Status: Director