MARSWORTH STEAM RALLY COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
10157207 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

MARSWORTH STEAM RALLY COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MARSWORTH STEAM RALLY COMMUNITY INTEREST COMPANY

Directors' report period ended 31 December 2024

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

Principal activities of the company

Preparation for and Operation of a 1 day field based Rally featuring historic vehicles and heritage assets, entertainments, food & drink for public enjoyment

Political and charitable donations

All surpluses are distributed to local and national charities and good causes



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Robert Kennedy
Neil Kennedy
Graham Dickinson


The director shown below has held office during the period of
1 January 2024 to 26 September 2024

Richard Brake


The director shown below has held office during the period of
26 September 2024 to 31 December 2024

Paul Rance


Secretary Robert Kennedy

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 April 2025

And signed on behalf of the board by:
Name: Robert Kennedy
Status: Secretary

MARSWORTH STEAM RALLY COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 57,700 39,275
Cost of sales: ( 26,658 ) ( 16,502 )
Gross profit(or loss): 31,042 22,773
Administrative expenses: ( 31,042 ) ( 22,773 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

MARSWORTH STEAM RALLY COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 963 365
Cash at bank and in hand: 25,680 17,397
Total current assets: 26,643 17,762
Creditors: amounts falling due within one year: 4 ( 26,643 ) ( 17,762 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

MARSWORTH STEAM RALLY COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 December 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 1 April 2025
and signed on behalf of the board by:

Name: Robert Kennedy
Status: Director

The notes form part of these financial statements

MARSWORTH STEAM RALLY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 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

MARSWORTH STEAM RALLY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

MARSWORTH STEAM RALLY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 2023
£ £
Prepayments and accrued income 963 365
Total 963 365

MARSWORTH STEAM RALLY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 26,643 17,762
Total 26,643 17,762

COMMUNITY INTEREST ANNUAL REPORT

MARSWORTH STEAM RALLY COMMUNITY INTEREST COMPANY

Company Number: 10157207 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

THE COMPANY RUNS AN ANNUAL ONE DAY FESTIVAL ON FATHER’S DAY AT WHICH STEAM AND VINTAGE/CLASSIC VEHICLES ARE EXHIBITED, ALONG WITH OTHER HERITAGE ASSETS. ENTERTAINMENT IS PROVIDED AND MANY STALLS OFFER VISITORS THE OPPORTUNITY TO BUY REFRESHMENTS, GIFTS OR HAVE FUN. FOR A FULLER APPRECIATION VISIT http://www.marsworthsteamrally.co.uk/ ALL SURPLUSES ARE USED TO MAKE CHARITABLE DONATIONS TO WORTHY LOCAL AND NATIONAL CAUSES.

Consultation with stakeholders

STAKEHOLDERS ARE BOTH LOCAL RESIDENTS AND PEOPLE INTERESTED IN HERITAGE VEHICLES, ENGINES AND EQUIPMENT FROM FAR AND WIDE. THE COMPANY’S DIRECTORS AND ITS OPERATING COMMITTEE MEMBERS ALL LIVE LOCALLY AND ARE IN CONSTANT CONTACT WITH LOCAL RESIDENTS DISCUSSING PLANS FOR THE FORTHCOMING EVENT AND IMPROVEMENTS WHICH CAN BE MADE OVER PREVIOUS EVENTS. IN ADDITION LOCAL AND NATIONAL CHARITIES MAKE THEMSELVES KNOWN AS POTENTIAL BENEFICIARIES.

Directors' remuneration

No remuneration was received

Transfer of assets

£24945 was given to local and national charities and good causes. Your software prevents a list being entered into this filed.

This report was approved by the board of directors on
1 April 2025

And signed on behalf of the board by:
Name: Robert Kennedy
Status: Director