Camel Vale Motor Club Limited Filleted Accounts Cover
Camel Vale Motor Club Limited
(A Company not having Share Capital)
Company No. 01267498
Information for Filing with The Registrar
31 December 2024
Camel Vale Motor Club Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 December 2024.
Principal activities
The principal activity of the company during the year under review was promotion and running of motor sports events.
Directors
The Directors who served at any time during the year were as follows:
T. Annear
D. Ball
N. Barnett
R.C. Bricknell
T. Bricknell
P. Combellack
I. Cundy
E. Daniel
M. Deacon
S. Groves
P.J. Hartill
R. Hartley
R.J.B. Hoskin
A.D. Keat
J.P. Metters
(Resigned 8 April 2024)
T. Nettleship
C. Penny
J. Penny
J.D. Stephens
G.G. Thomas
K.L. Thomas
C.H. Watts
(Resigned 2 December 2024)
S.J. Watts
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
G.G. Thomas
Director
28 February 2025
Camel Vale Motor Club Limited Balance Sheet Registrar
at
31 December 2024
Company No.
01267498
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
1,8281,887
1,8281,887
Current assets
Stocks
5
332349
Debtors
6
1,3401,326
Cash at bank and in hand
72,70269,622
74,37471,297
Creditors: Amount falling due within one year
7
(3,739)
(3,581)
Net current assets
70,63567,716
Total assets less current liabilities
72,46369,603
Net assets
72,46369,603
Reserves
Income and expenditure account
72,46369,603
Total equity
72,46369,603
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 December 2024 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's income and expenditure account.
Approved by the board on 28 February 2025
And signed on its behalf by:
T. Nettleship
Director
28 February 2025
Camel Vale Motor Club Limited Notes to the Accounts Registrar
for the year ended 31 December 2024
1
General information
Its registered number is: 01267498
Its registered office is:
Its trading address is:
17 St Leonards
Trudgeon Halling
Bodmin
The Platt
Cornwall
WADEBRIDGE
Cornwall
PL31 1LA
PL27 7AE
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
25% Reducing balance
Motor vehicles
2% Reducing balance
Furniture, fittings and equipment
10% Reducing balance
Stocks
Stock is valued at the lower of cost and net realisable value.
Trade and other debtors
Short term debtors are measured at transaction price.
Trade and other creditors
Short term creditors are measured at transaction price.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
00
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 January 2024
7,8797,879
At 31 December 2024
7,8797,879
Depreciation
At 1 January 2024
5,9925,992
Charge for the year
5959
At 31 December 2024
6,0516,051
Net book values
At 31 December 2024
1,8281,828
At 31 December 2023
1,8871,887
5
Stocks
2024
2023
£
£
Finished goods
332349
332349
6
Debtors
2024
2023
£
£
Other debtors
1,3401,326
1,3401,326
7
Creditors:
amounts falling due within one year
2024
2023
£
£
Corporation tax
12599
Other creditors
2,3522,261
Accruals and deferred income
1,2621,221
3,7393,581
8
Reserves
Income and expenditure account - includes all current and prior period retained surpluses and deficits.
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