Yacht Brokers Designers & Surveyors Association (Holdings) Limited (The) Filleted Accounts Cover |
Company No. 02115348 | |||||||||
Yacht Brokers Designers & Surveyors Association (Holdings) Limited (The) Directors Report Registrar |
The Directors present their report and the accounts for the year ended 31 March 2025. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
J.D. Ashley | |||||||||
T. Barker | |||||||||
R.N. Elliott | (Resigned 25 November 2024) | ||||||||
A.J. Grabau | (Resigned 25 November 2024) | ||||||||
E. Green | |||||||||
J. Green | |||||||||
C. Ibbotson | |||||||||
R. Knox-Johnston | |||||||||
M.M. Matthews | (Resigned 25 November 2024) | ||||||||
P. Norris | |||||||||
B. Sutcliffe-Davies | |||||||||
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006. | |||||||||
Signed on behalf of the board | |||||||||
P. Norris | |||||||||
Director & President | |||||||||
07 July 2025 | |||||||||
Yacht Brokers Designers & Surveyors Association (Holdings) Limited (The) Balance Sheet Registrar |
at | ||||||||||
Company No. | 02115348 | Notes | 2025 | 2024 | ||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Intangible assets | 4 | |||||||||
Tangible assets | 5 | |||||||||
Current assets | ||||||||||
Debtors | 6 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 7 | ( | ( | |||||||
Net current liabilities | ( | ( | ||||||||
Total assets less current liabilities | ||||||||||
Creditors: Amounts falling due after more than one year | 8 | ( | ( | |||||||
Net assets | ||||||||||
Reserves | ||||||||||
Income and expenditure account | 9 | |||||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's income and expenditure account. | ||||||||||
Approved by the board on 07 July 2025 and signed on its behalf by: | ||||||||||
P. Norris | ||||||||||
Director & President | ||||||||||
07 July 2025 | ||||||||||
Yacht Brokers Designers & Surveyors Association (Holdings) Limited (The) Notes to the Accounts Registrar |
for the year ended 31 March 2025 | |||||||||||||||
1 | General information | ||||||||||||||
Yacht Brokers Designers & Surveyors Association (Holdings) Limited (The) is a private company limited by guarantee and incorporated in England and Wales. | |||||||||||||||
Its registered number is: 02115348 | |||||||||||||||
Its registered office is: | |||||||||||||||
Going concern | |||||||||||||||
2 | Accounting policies | ||||||||||||||
Income and expenditure | |||||||||||||||
Expenses include VAT where applicable as the company cannot reclaim input VAT. | |||||||||||||||
Intangible fixed assets | |||||||||||||||
Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Computer database costs - 50% on cost Website development costs - 25% on cost | |||||||||||||||
Tangible fixed assets and depreciation | |||||||||||||||
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to surplus or deficit. | |||||||||||||||
Freehold buildings | |||||||||||||||
Plant and machinery | |||||||||||||||
Furniture, fittings and equipment | |||||||||||||||
Trade and other debtors | |||||||||||||||
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. | |||||||||||||||
Trade and other creditors | |||||||||||||||
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. | |||||||||||||||
Leased assets | |||||||||||||||
Defined contribution pensions | |||||||||||||||
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. | |||||||||||||||
3 | Employees | ||||||||||||||
2025 | 2024 | ||||||||||||||
Number | Number | ||||||||||||||
The average monthly number of employees (including directors) during the year was: | |||||||||||||||
4 | Intangible fixed assets | ||||||||||||||
Website Development costs | Database | Total | |||||||||||||
£ | £ | £ | |||||||||||||
Cost | |||||||||||||||
At 1 April 2024 | |||||||||||||||
At 31 March 2025 | |||||||||||||||
Amortisation and impairment | |||||||||||||||
At 1 April 2024 | |||||||||||||||
Charge for the year | |||||||||||||||
At 31 March 2025 | |||||||||||||||
Net book values | |||||||||||||||
At 31 March 2025 | |||||||||||||||
At 31 March 2024 | |||||||||||||||
5 | Tangible fixed assets | ||||||||||||||
Land and buildings | Plant and machinery | Fixtures, fittings and equipment | Total | ||||||||||||
£ | £ | £ | £ | ||||||||||||
Cost | |||||||||||||||
At 1 April 2024 | |||||||||||||||
Disposals | ( | ( | |||||||||||||
At 31 March 2025 | |||||||||||||||
Depreciation | |||||||||||||||
At 1 April 2024 | |||||||||||||||
Charge for the year | |||||||||||||||
Disposals | ( | ( | |||||||||||||
At 31 March 2025 | |||||||||||||||
Net book values | |||||||||||||||
At 31 March 2025 | |||||||||||||||
At 31 March 2024 | |||||||||||||||
6 | Debtors | ||||||||||||||
2025 | 2024 | ||||||||||||||
£ | £ | ||||||||||||||
Trade debtors | |||||||||||||||
Other debtors | |||||||||||||||
Prepayments and accrued income | |||||||||||||||
7 | Creditors: | ||||||||||||||
amounts falling due within one year | |||||||||||||||
2025 | 2024 | ||||||||||||||
£ | £ | ||||||||||||||
Bank loans and overdrafts | |||||||||||||||
Trade creditors | |||||||||||||||
Other taxes and social security | |||||||||||||||
Other creditors | |||||||||||||||
Accruals and deferred income | |||||||||||||||
8 | Creditors: | ||||||||||||||
amounts falling due after more than one year | |||||||||||||||
2025 | 2024 | ||||||||||||||
£ | £ | ||||||||||||||
Bank loans and overdrafts | |||||||||||||||
9 | Reserves | ||||||||||||||
10 | Guarantees and commitments | ||||||||||||||
2025 | 2024 | ||||||||||||||
£ | £ | ||||||||||||||
Total of guarantees and commitments | |||||||||||||||