Silverfin false false 31/12/2023 01/12/2022 31/12/2023 Mr D Campbell-James 01/12/2022 P Kenton-Page 01/12/2022 J G Mollerus 01/08/2023 01/12/2022 06 September 2024 The principal activity of the company during the year is that of the administration of the 29er class. This includes organising both the European and World championship competitions that take place annually. 14517853 2023-12-31 14517853 bus:Director1 2023-12-31 14517853 bus:Director2 2023-12-31 14517853 bus:Director3 2023-12-31 14517853 core:CurrentFinancialInstruments 2023-12-31 14517853 core:OtherCapitalReserve 2023-12-31 14517853 2022-12-01 2023-12-31 14517853 bus:FilletedAccounts 2022-12-01 2023-12-31 14517853 bus:SmallEntities 2022-12-01 2023-12-31 14517853 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-12-31 14517853 bus:CompanyLimitedByGuarantee 2022-12-01 2023-12-31 14517853 bus:Director1 2022-12-01 2023-12-31 14517853 bus:Director2 2022-12-01 2023-12-31 14517853 bus:Director3 2022-12-01 2023-12-31 iso4217:GBP xbrli:pure

Company No: 14517853 (England and Wales)

INTERNATIONAL 29ER CLASS ASSOCIATION LTD

(A company limited by guarantee)

Unaudited Financial Statements
For the financial period from 01 December 2022 to 31 December 2023
Pages for filing with the registrar

INTERNATIONAL 29ER CLASS ASSOCIATION LTD

Unaudited Financial Statements

For the financial period from 01 December 2022 to 31 December 2023

Contents

INTERNATIONAL 29ER CLASS ASSOCIATION LTD

BALANCE SHEET

As at 31 December 2023
INTERNATIONAL 29ER CLASS ASSOCIATION LTD

BALANCE SHEET (continued)

As at 31 December 2023
Note 31.12.2023
£
Current assets
Debtors 3 18,162
Cash at bank and in hand 359,096
377,258
Creditors: amounts falling due within one year 4 ( 34,641)
Net current assets 342,617
Total assets less current liabilities 342,617
Net assets 342,617
Reserves
Other reserves 342,617
Total reserves 342,617

For the financial period ending 31 December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of International 29ER Class Association Ltd (registered number: 14517853) were approved and authorised for issue by the Board of Directors on 06 September 2024. They were signed on its behalf by:

Mr D Campbell-James
Director
INTERNATIONAL 29ER CLASS ASSOCIATION LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 December 2022 to 31 December 2023
INTERNATIONAL 29ER CLASS ASSOCIATION LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 December 2022 to 31 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

International 29ER Class Association Ltd (the Company) is a private company, limited by guarantee and operates on a not for profit basis. Every year any surplus funds are reinvested into the class to promote the class as a whole. The Company is incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, Dorset, United Kingdom, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in EUR which is the functional currency of the Company and rounded to the nearest €.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

2. Employees

Period from
01.12.2022 to
31.12.2023
Number
Monthly average number of persons employed by the Company during the period, including directors 2

3. Debtors

31.12.2023
£
Trade debtors 18,162

4. Creditors: amounts falling due within one year

31.12.2023
£
Trade creditors 13,579
Other creditors 21,062
34,641