8 8 The Association of Old Vehicle Clubs in Northern Ireland Limited NI013390 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is the organising and running of activites for vintage car enthusiasts Digita Accounts Production Advanced 6.30.9574.0 true NI013390 2023-10-01 2024-09-30 NI013390 2024-09-30 NI013390 core:CurrentFinancialInstruments 2024-09-30 NI013390 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 NI013390 core:OtherPropertyPlantEquipment 2024-09-30 NI013390 bus:SmallEntities 2023-10-01 2024-09-30 NI013390 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 NI013390 bus:FilletedAccounts 2023-10-01 2024-09-30 NI013390 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 NI013390 bus:RegisteredOffice 2023-10-01 2024-09-30 NI013390 bus:CompanySecretaryDirector1 2023-10-01 2024-09-30 NI013390 bus:Director2 2023-10-01 2024-09-30 NI013390 bus:CompanyLimitedByGuarantee 2023-10-01 2024-09-30 NI013390 core:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 NI013390 core:PlantMachinery 2023-10-01 2024-09-30 NI013390 countries:NorthernIreland 2023-10-01 2024-09-30 NI013390 2023-09-30 NI013390 core:OtherPropertyPlantEquipment 2023-09-30 NI013390 2022-10-01 2023-09-30 NI013390 2023-09-30 NI013390 core:CurrentFinancialInstruments 2023-09-30 NI013390 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 NI013390 core:OtherPropertyPlantEquipment 2023-09-30 xbrli:pure iso4217:GBP

Registration number: NI013390

The Association of Old Vehicle Clubs in Northern Ireland Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

The Association of Old Vehicle Clubs in Northern Ireland Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

The Association of Old Vehicle Clubs in Northern Ireland Limited

(Registration number: NI013390)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

143

179

Current assets

 

Debtors

5

149

127

Cash at bank and in hand

 

21,917

22,156

 

22,066

22,283

Creditors: Amounts falling due within one year

6

(1,284)

(1,218)

Net current assets

 

20,782

21,065

Net assets

 

20,925

21,244

Reserves

 

Retained earnings

20,925

21,244

Surplus

 

20,925

21,244

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 May 2025 and signed on its behalf by:
 

.........................................
Trevor Mitchell
Company secretary and director

.........................................
Hugh Desmond Shortt
Director

 
     
 

The Association of Old Vehicle Clubs in Northern Ireland Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a company limited by guarantee, incorporated in Northern Ireland, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
38 Ballymaconnell Road
Bangor
Co Down
BT20 5PS

These financial statements were authorised for issue by the Board on 12 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Equipment

20% reducing balance

 

The Association of Old Vehicle Clubs in Northern Ireland Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2023 - 8).

4

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 October 2023

3,738

3,738

At 30 September 2024

3,738

3,738

Depreciation

At 1 October 2023

3,559

3,559

Charge for the year

36

36

At 30 September 2024

3,595

3,595

Carrying amount

At 30 September 2024

143

143

At 30 September 2023

179

179

5

Debtors

2024
£

2023
£

Prepayments

149

127

149

127

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

1,284

1,218

7

Share capital

The company is a private limited company, limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.