Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 August 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 3 | |||||||
Current assets | ||||||||
Debtors | 4,5 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 6 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 7 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Profit and loss account | ||||||||
Reserves |
The financial statements were approved and authorised for issue by the Board of Directors on 4 April 2025, and are signed on its behalf by: |
Director Registered Company No. 04948315 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Going concern | |
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Judgements and key sources of estimation uncertainty | |
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In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. |
Revenue from sale of goods | |
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Foreign currency translation | |
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Current taxation | |
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Deferred tax | |
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Tangible fixed assets and depreciation | |
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Impairment of non-financial assets policy | |
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Cash and cash equivalents | |
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Financial instruments | |
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2. | Average number of employees |
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2024 | 2023 | |||
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Average number of employees during the year |
3. | Tangible fixed assets |
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Land & buildings | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 September 23 | ||||
At 31 August 24 | ||||
Depreciation and impairment | ||||
At 01 September 23 | ||||
At 31 August 24 | ||||
Net book value | ||||
At 31 August 24 | ||||
At 31 August 23 |
4. | Debtors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
5. | Debtors: amounts due after one year |
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2024 | 2023 | |||
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£ | £ | |||
Other debtors | ||||
Total |
6. | Creditors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Accrued liabilities and deferred income | ||||
Total |
7. | Creditors: amounts due after one year |
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2024 | 2023 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Total |
8. | Secured creditors |
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The bank loan is secured by a legal mortgage over the company's property and a guarantee by Royal Southern Yacht Club Limited. The loan is repayable by monthly repayments of capital and interest. |
9. | Related party transactions |
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10. | Further information regarding the company's financial position |
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