GORING GAP BOAT CLUB LIMITED

Company limited by guarantee

Company Registration Number:
09977977 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

GORING GAP BOAT CLUB LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Additional notes
Balance sheet notes

GORING GAP BOAT CLUB LIMITED

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 286,563 287,231
Total fixed assets: 286,563 287,231
Current assets
Debtors: 4 1,880
Cash at bank and in hand: 36,822 63,755
Total current assets: 38,702 63,755
Creditors: amounts falling due within one year: 5 ( 14,350 ) ( 14,350 )
Net current assets (liabilities): 24,352 49,405
Total assets less current liabilities: 310,915 336,636
Creditors: amounts falling due after more than one year: 6 ( 43,050 ) ( 57,400 )
Total net assets (liabilities): 267,865 279,236
Members' funds
Profit and loss account: 267,865 279,236
Total members' funds: 267,865 279,236

The notes form part of these financial statements

GORING GAP BOAT CLUB LIMITED

Balance sheet statements

For the year ending 30 September 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.

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 19 January 2025
and signed on behalf of the board by:

Name: Simon Peacock
Status: Director

The notes form part of these financial statements

GORING GAP BOAT CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 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

    Turnover policy

    Turnover represents revenue recognised by the company in respect of goods and services supplied.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Buildings 10% Straight line Fixtures and Fittings 20% straight line Boats 15% reducing balance

    Other accounting policies

    Deferred Income Liability; Grants received during the year have been credited to a deferred income liability account. These will be released to the P and L over a 10 year period to match the depreciation of the building.

GORING GAP BOAT CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

GORING GAP BOAT CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 469,997 3,512 32,672 506,181
Additions 37,530 18,763 56,293
Disposals ( 584 ) ( 584 )
Revaluations
Transfers
At 30 September 2024 507,527 3,512 50,851 561,890
Depreciation
At 1 October 2023 203,938 3,476 11,536 218,950
Charge for year 50,753 36 5,853 56,642
On disposals ( 265 ) ( 265 )
Other adjustments
At 30 September 2024 254,691 3,512 17,124 275,327
Net book value
At 30 September 2024 252,836 0 33,727 286,563
At 30 September 2023 266,059 36 21,136 287,231

GORING GAP BOAT CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

2024 2023
£ £
Trade debtors 0
Prepayments and accrued income 0
Other debtors 1,880
Total 1,880
Debtors due after more than one year: 0

GORING GAP BOAT CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 14,350 14,350
Total 14,350 14,350

GORING GAP BOAT CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

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

2024 2023
£ £
Other creditors 43,050 57,400
Total 43,050 57,400