SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Company Registration Number:
05579271 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 March 2024




Director: Andrew Williams
Melanie Calvert
Paul Wragg
Shirley Williams
John Steven
John Trillwood
Michael Spanner
Registered office: 49
Station Road
Polegate
England
BN26 6EA
Company Registration Number: 05579271 (England and Wales)

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

Sailing club

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Andrew Williams
Melanie Calvert
Paul Wragg
Shirley Williams
John Steven
John Trillwood

The director(s) shown below resigned during the period
Michael Spanner
01 July 2023

This report was approved by the board of directors on 19 September 2024
And Signed On Behalf Of The Board By:

Name: John Steven
Status: Director

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 92,213 95,843
Cost of sales ( 96,259 ) ( 92,077 )
Gross surplus or (deficit) ( 4,046 ) 3,766
Operating surplus or (deficit) ( 4,046 ) 3,766
Interest Receivable and Similar Income 3,600 853
Surplus or (deficit) before tax ( 446 ) 4,619
Surplus or (deficit) for the period ( 446 ) 4,619

The notes form part of these financial statements

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 0 14,005
Total fixed assets: 0 14,005
Current assets
Cash at bank and in hand: 197,408 184,195
Total current assets: 197,408 184,195
Prepayments and accrued income: 17,387 16,397
Creditors: amounts falling due within one year: 5 ( 844 ) ( 200 )
Net current assets (liabilities): 213,951 200,392
Total assets less current liabilities: 213,951 214,397
Creditors: amounts falling due after more than one year: 6 ( 0 ) ( 0 )
Total net assets (liabilities): 213,951 214,397

The notes form part of these financial statements

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Reserves
Revaluation reserve: 7 214,397 209,778
Income and expenditure account ( 446 ) 4,619
Members funds 213,951 214,397

For the year ending 31 March 2024 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.

This report was approved by the board of directors on 19 September 2024
And Signed On Behalf Of The Board By:

Name: John Steven
Status: Director

The notes form part of these financial statements

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 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

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 April 2023 273,993 273,993
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 273,993 273,993
Depreciation
At 01 April 2023 259,988 259,988
Charge for year 14,005 14,005
On disposals - -
Other adjustments - -
At 31 March 2024 273,993 273,993
Net book value
At 31 March 2024 0 0
At 31 March 2023 14,005 14,005

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 844 200
Total 844 200

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 0 0

SPEEDBIRD OFFSHORE YACHT CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Revaluation reserve


2024
£
Balance at 01 April 2023 209,778
Surplus or deficit after revaluation 4,619
Balance at 31 March 2024 214,397