CINQUE PORTS ROWING CIC

Company limited by guarantee

Company Registration Number:
12391016 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 February 2024

End date: 31 March 2025

CINQUE PORTS ROWING CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

CINQUE PORTS ROWING CIC

Profit And Loss Account

for the Period Ended 31 March 2025

14 months to 31 March 2025 2024


£

£
Turnover: 34,129 30,913
Gross profit(or loss): 34,129 30,913
Administrative expenses: ( 33,819 ) ( 29,118 )
Operating profit(or loss): 310 1,795
Interest receivable and similar income: 20 5
Profit(or loss) before tax: 330 1,800
Tax: 0 0
Profit(or loss) for the financial year: 330 1,800

CINQUE PORTS ROWING CIC

Balance sheet

As at 31 March 2025

Notes 14 months to 31 March 2025 2024


£

£
Fixed assets
Tangible assets: 3 11,765 9,909
Total fixed assets: 11,765 9,909
Current assets
Cash at bank and in hand: 3,119 5,046
Total current assets: 3,119 5,046
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 2,000 ) ( 3,584 )
Net current assets (liabilities): 1,119 1,462
Total assets less current liabilities: 12,884 11,371
Total net assets (liabilities): 12,884 11,371
Members' funds
Profit and loss account: 12,884 11,371
Total members' funds: 12,884 11,371

The notes form part of these financial statements

CINQUE PORTS ROWING CIC

Balance sheet statements

For the year ending 31 March 2025 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 16 June 2025
and signed on behalf of the board by:

Name: Alan Thorne
Status: Director

The notes form part of these financial statements

CINQUE PORTS ROWING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 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

CINQUE PORTS ROWING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    14 months to 31 March 2025 2024
    Average number of employees during the period 0 0

CINQUE PORTS ROWING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 9,909 9,909
Additions 4,655 4,655
Disposals
Revaluations
Transfers
At 31 March 2025 14,564 14,564
Depreciation
At 1 February 2024 0 0
Charge for year 2,799 2,799
On disposals
Other adjustments
At 31 March 2025 2,799 2,799
Net book value
At 31 March 2025 11,765 11,765
At 31 January 2024 9,909 9,909

CINQUE PORTS ROWING CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

14 months to 31 March 2025 2024
£ £
Bank loans and overdrafts 2,000 3,584
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 2,000 3,584

COMMUNITY INTEREST ANNUAL REPORT

CINQUE PORTS ROWING CIC

Company Number: 12391016 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

The company provides a boat building and rowing service to members of the community over the age 12 to learn new skills and to become part of a community programme

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 June 2025

And signed on behalf of the board by:
Name: Alan Thorne
Status: Director