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REGISTERED NUMBER: 07402878 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

FARNBOROUGH FINS SWIMMING CLUB

FARNBOROUGH FINS SWIMMING CLUB (REGISTERED NUMBER: 07402878)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


FARNBOROUGH FINS SWIMMING CLUB

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mrs A K Duckworth
Mrs S I Beavis





REGISTERED OFFICE: 2 Park Court
Pyrford Road
West Byfleet
Surrey
KT14 6SD





REGISTERED NUMBER: 07402878 (England and Wales)





ACCOUNTANTS: Pesters
2 Park Court
Pyrford Road
West Byfleet
Surrey
KT14 6SD

FARNBOROUGH FINS SWIMMING CLUB (REGISTERED NUMBER: 07402878)

STATEMENT OF FINANCIAL POSITION
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,990 -

CURRENT ASSETS
Debtors 5 4,820 2,889
Cash at bank and in hand 127,029 140,056
131,849 142,945
CREDITORS
Amounts falling due within one year 6 130,998 116,829
NET CURRENT ASSETS 851 26,116
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,841

26,116

RESERVES
Income and expenditure account 37,841 26,116
37,841 26,116

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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

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 5 September 2024 and were signed on its behalf by:





Mrs S I Beavis - Director


FARNBOROUGH FINS SWIMMING CLUB (REGISTERED NUMBER: 07402878)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Farnborough Fins Swimming Club 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 derived from the provision of swimming lessons to members of the public. The funds from these lessons are used to provide community based projects, such as the refurbishment of a swimming pool used by the club, to fund the provision of free swimming lessons etc. The Company also receives donations from the general public.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on cost and 33% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 23 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 733
Additions 37,777
At 31 March 2024 38,510
DEPRECIATION
At 1 April 2023 733
Charge for year 787
At 31 March 2024 1,520
NET BOOK VALUE
At 31 March 2024 36,990

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 4,820 2,889

FARNBOROUGH FINS SWIMMING CLUB (REGISTERED NUMBER: 07402878)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 15,691 4,448
Taxation and social security - 228
Other creditors 115,307 112,153
130,998 116,829

7. MEMBERS GUARANTEE

The Company is limited by guarantee and does not have a share capital. The members have guaranteed to contribute an amount not exceeding £1 towards a deficiency of assets in the event of the winding up of the Company.

8. DISSOLUTION OF THE COMPANY

If the Company is wound up or dissolved and after all its debts and liabilities have been satisfied and there remains any property, it shall not be paid to or distributed among the members of the Company, but shall be given or transferred to some other company or charities having synonymous objects.