Registered number |
Albemarle Club Ltd | |
Report and accounts | |
Contents | |
Page | |
Company information | 1 |
Directors' report | 2 |
Accountants' report | 3 |
Profit and loss account | 4 |
Balance sheet | 5 |
Statement of changes in equity | 6 |
Notes to the accounts | 7 to 9 |
Albemarle Club Ltd | |
Company Information | |
Directors | |
Accountants | |
GERALD CHARLES & CO | |
239 Bullsmoor Lane | |
Enfield | |
MIDDX | |
EN1 4SB | |
Registered office | |
2a Carterhatch Road | |
Enfield | |
MIDDX | |
EN3 5LS | |
Registered number | |
Registered number: | |||||||
Directors' Report | |||||||
The directors present their report and accounts for the year ended | |||||||
Principal activities | |||||||
Directors | |||||||
The following persons served as directors during the year: | |||||||
Small company provisions | |||||||
This report was approved by the board on | |||||||
M PHOTIOU | |||||||
Director | |||||||
Albemarle Club Ltd | ||||
Accountants' Report | ||||
Accountants' report to the directors of | ||||
Albemarle Club Ltd | ||||
You consider that the company is exempt from an audit for the year ended 31 July 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. | ||||
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. | ||||
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. | ||||
GERALD CHARLES & CO | ||||
Accountants | ||||
239 Bullsmoor Lane | ||||
Enfield | ||||
MIDDX | ||||
EN1 4SB | ||||
15 March 2025 | ||||
Profit and Loss Account | ||||||||
for the year ended | ||||||||
Notes | 2024 | 2023 | ||||||
£ | £ | |||||||
Turnover | ||||||||
Cost of sales | ( | ( | ||||||
Gross profit | ||||||||
Administrative expenses | ( | ( | ||||||
Operating loss | ( | ( | ||||||
Interest payable | ( | ( | ||||||
Loss on ordinary activities before taxation | ( | ( | ||||||
Tax on loss on ordinary activities | - | - | ||||||
Loss for the financial year | (£ | (£ | ||||||
Registered number: | |||||||
Balance Sheet | |||||||
as at | |||||||
Notes | 2024 | 2023 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Intangible assets | |||||||
Tangible assets | |||||||
Current assets | |||||||
Stocks | |||||||
Debtors | 3 | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 4 | ( | ( | ||||
Net current liabilities | ( | ( | |||||
Total assets less current liabilities | |||||||
Creditors: amounts falling due after more than one year | 5 | ( | ( | ||||
Net assets | £ | £ | |||||
Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | |||||||
Shareholders' funds | £ | £ | |||||
M PHOTIOU | |||||||
Director | |||||||
Approved by the board on | |||||||
Statement of Changes in Equity | ||||||||||
for the year ended | ||||||||||
Share | Share | Re- | Profit | Total | ||||||
capital | premium | valuation | and loss | |||||||
reserve | account | |||||||||
£ | £ | £ | £ | £ | ||||||
At 1 August 2022 | - | - | ||||||||
Loss for the financial year | (42,138) | (42,138) | ||||||||
At 31 July 2023 | £1,000 | £0 | £0 | £169,483 | £170,483 | |||||
At 1 August 2023 | - | - | ||||||||
Loss for the financial year | ( | ( | ||||||||
At 31 July 2024 | £ | £0 | £0 | £ | £ | |||||
Notes to the Accounts | ||||||||
for the year ended | ||||||||
1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Turnover | ||||||||
Intangible fixed assets | ||||||||
Tangible fixed assets | ||||||||
Fixtures, fittings, tools and equipment | reducing balance @ 25% | |||||||
Stocks | ||||||||
Debtors | ||||||||
Creditors | ||||||||
Taxation | ||||||||
Provisions | ||||||||
Pensions | ||||||||
2 | Employees | 2024 | 2023 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
3 | Debtors | 2024 | 2023 | |||||
£ | £ | |||||||
Trade debtors | ||||||||
Other debtors | ||||||||
£ | £ | |||||||
4 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
£ | £ | |||||||
Bank loans and overdrafts | ||||||||
Trade creditors | ||||||||
Corporation tax | - | |||||||
Other taxes and social security costs | ||||||||
Other creditors | ||||||||
£ | £ | |||||||
5 | Creditors: amounts falling due after one year | 2024 | 2023 | |||||
£ | £ | |||||||
Bank loans | £ | £ | ||||||
6 | Other information | |||||||
Albemarle Club Ltd is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
2a Carterhatch Road | ||||||||
Enfield | ||||||||
MIDDX | ||||||||
EN3 5LS | ||||||||
Detailed profit and loss account | ||||
for the year ended | ||||
2024 | 2023 | |||
£ | £ | |||
Sales | ||||
Cost of sales | ( | ( | ||
Gross profit | ||||
Administrative expenses | ( | ( | ||
Operating loss | ( | ( | ||
Interest payable | ( | ( | ||
Loss before tax | (£ | (£ | ||
Detailed profit and loss account | ||||
for the year ended | ||||
2024 | 2023 | |||
£ | £ | |||
Sales | ||||
Sales | £ 325,282 | £ 415,625 | ||
Cost of sales | ||||
Opening Stocks | 5,000 | 5,000 | ||
Purchases | 57,782 | 75,545 | ||
Closing stocks | ( 5,000 ) | ( 5,000 ) | ||
£57,782 | £75,545 | |||
Administrative expenses | ||||
Employee costs: | ||||
Wages and salaries | 78,760 | 128,271 | ||
Directors' salaries | 22,980 | 24,327 | ||
Pensions | 2,145 | 3,393 | ||
Credit Card Charges | 12,898 | 15,481 | ||
Employer's NI | 5,138 | 9,364 | ||
Protective clothing | 12 | 50 | ||
Staff training and welfare | 327 | 6,038 | ||
Travel and subsistence | 1,615 | 2,114 | ||
Motor expenses | 520 | 4,773 | ||
124,395 | 193,811 | |||
Premises costs: | ||||
Rent | 94,766 | 116,036 | ||
Rates | 11,628 | 19,861 | ||
Light and heat | 2,595 | 2,292 | ||
Cleaning & Waste | 8,484 | 15,204 | ||
117,473 | 153,393 | |||
General administrative expenses: | ||||
Telephone and fax | 4,402 | 4,148 | ||
Stationery and printing | 662 | 1,009 | ||
Subscriptions & licences | 1,551 | 1,881 | ||
Bank charges | 728 | 1,330 | ||
Insurance | 6,153 | 559 | ||
Consumables | 7,416 | 6,554 | ||
Equipment hire | - | 146 | ||
Repairs and maintenance | 6,978 | 7,539 | ||
Depreciation | 1,263 | 1,684 | ||
Sundry expenses | 1,413 | 1,670 | ||
30,566 | 26,520 | |||
Legal and professional costs: | ||||
Accountancy fees | 7,809 | 7,292 | ||
Advertising and PR | 94 | 295 | ||
7,903 | 7,587 | |||
£280,337 | £381,311 | |||
Albemarle Club Ltd | |||||
CORPORATION TAX COMPUTATIONS | |||||
for the year ended 31 July 2024 | |||||
£ | £ | ||||
PROFIT PER ACCOUNTS | (13,999) | ||||
ADD: Depreciation | 1,263 | ||||
1,263 | |||||
(12,736) | |||||
LESS: Capital Allowances | 1,041 | ||||
LESS: Loss b/fwd | 43,408 | ||||
LOSS FOR THE YEAR | (£57,185) | ||||
CAPITAL ALLOWANCES | |||||
POOL | CAR | C/A | |||
£ | £ | ||||
W.D.V. B/FWD | 5,784 | ||||
Additions: Plant & Machinery | |||||
Disposal proceeds: | |||||
5,784 | |||||
W.D.V @ 18% | (1,041) | 1,041 | |||
£1,041 | |||||
W D V C/FWD | £4,743 | £0 | |||