Supermarine Sports Club (Trading) Limited 9855322 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is to provide activities of sports club. Digita Accounts Production Advanced 6.30.9574.0 true true true 9855322 2024-01-01 2024-12-31 9855322 2024-12-31 9855322 core:RetainedEarningsAccumulatedLosses 2024-12-31 9855322 core:ShareCapital 2024-12-31 9855322 core:CurrentFinancialInstruments 2024-12-31 9855322 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 9855322 core:OfficeEquipment 2024-12-31 9855322 core:PlantMachinery 2024-12-31 9855322 bus:SmallEntities 2024-01-01 2024-12-31 9855322 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 9855322 bus:FilletedAccounts 2024-01-01 2024-12-31 9855322 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 9855322 bus:RegisteredOffice 2024-01-01 2024-12-31 9855322 bus:Director1 2024-01-01 2024-12-31 9855322 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 9855322 core:OfficeEquipment 2024-01-01 2024-12-31 9855322 core:PlantMachinery 2024-01-01 2024-12-31 9855322 1 2024-01-01 2024-12-31 9855322 countries:EnglandWales 2024-01-01 2024-12-31 9855322 2023-12-31 9855322 core:OfficeEquipment 2023-12-31 9855322 core:PlantMachinery 2023-12-31 9855322 2023-01-01 2023-12-31 9855322 2023-12-31 9855322 core:RetainedEarningsAccumulatedLosses 2023-12-31 9855322 core:ShareCapital 2023-12-31 9855322 core:CurrentFinancialInstruments 2023-12-31 9855322 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 9855322 core:OfficeEquipment 2023-12-31 9855322 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 9855322

Supermarine Sports Club (Trading) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Supermarine Sports Club (Trading) Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

Supermarine Sports Club (Trading) Limited

(Registration number: 9855322)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,189

1,437

Current assets

 

Stocks

5,415

6,631

Debtors

5

2,913

4,234

Cash at bank and in hand

 

3,964

2,389

 

12,292

13,254

Creditors: Amounts falling due within one year

6

(19,326)

(15,165)

Net current liabilities

 

(7,034)

(1,911)

Net liabilities

 

(5,845)

(474)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(5,846)

(475)

Shareholders' deficit

 

(5,845)

(474)

For the financial year ending 31 December 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 1 July 2025 and signed on its behalf by:
 

.........................................
Mr P L Ferris
Director

 

Supermarine Sports Club (Trading) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Supermarine Sports Club Supermarine Road
South Marston
Swindon
Wiltshire
SN3 4BZ

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.

Going concern

The parent company (Supermarine Sports Club Limited) and directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover from Bar sales and Room Hire is shown net of value added tax.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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

Plant and equipment

20% Straight line

Office equipment

20% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Supermarine Sports Club (Trading) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2023 - 12).

 

Supermarine Sports Club (Trading) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Tangible assets

Plant and equipment
£

Office equipment
£

Total
£

Cost or valuation

At 1 January 2024

2,104

-

2,104

Additions

116

100

216

At 31 December 2024

2,220

100

2,320

Depreciation

At 1 January 2024

667

-

667

Charge for the year

444

20

464

At 31 December 2024

1,111

20

1,131

Carrying amount

At 31 December 2024

1,109

80

1,189

At 31 December 2023

1,437

-

1,437

5

Debtors

Current

2024
£

2023
£

Trade debtors

-

1,536

Prepayments

2,913

2,698

 

2,913

4,234

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

1,666

763

Amounts owed to related parties

10,480

7,195

Taxation and social security

 

3,014

3,803

Other creditors

 

4,166

3,404

 

19,326

15,165

 

Supermarine Sports Club (Trading) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Parent and ultimate parent undertaking

The company's immediate parent is Supermarine Sports Club Limited, incorporated in England.