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REGISTERED NUMBER: 00867629 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

EASTBOURNE FISHERMEN'S AND BOATMEN'S
PROTECTION SOCIETY AND CLUB LIMITED

EASTBOURNE FISHERMEN'S AND BOATMEN'S
PROTECTION SOCIETY AND CLUB LIMITED (REGISTERED NUMBER: 00867629)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EASTBOURNE FISHERMEN'S AND BOATMEN'S
PROTECTION SOCIETY AND CLUB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: A J Watson
M Halbhuber





SECRETARY: A J Watson





REGISTERED OFFICE: 29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU





REGISTERED NUMBER: 00867629 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

EASTBOURNE FISHERMEN'S AND BOATMEN'S
PROTECTION SOCIETY AND CLUB LIMITED (REGISTERED NUMBER: 00867629)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,919 40,023

CURRENT ASSETS
Stocks 5 8,900 10,300
Debtors 6 16,101 11,285
Cash at bank and in hand 64,151 61,396
89,152 82,981
CREDITORS
Amounts falling due within one year 7 109,198 109,922
NET CURRENT LIABILITIES (20,046 ) (26,941 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,873

13,082

RESERVES
Income and expenditure account 16,873 13,082
16,873 13,082

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:





A J Watson - Director


EASTBOURNE FISHERMEN'S AND BOATMEN'S
PROTECTION SOCIETY AND CLUB LIMITED (REGISTERED NUMBER: 00867629)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Eastbourne Fishermen's and Boatmen's Protection Society and Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements have been prepared on the basis that the company will continue to be a going concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

The validity of the going concern basis depends upon the continued support of the company creditors.

Turnover
Turnover is the value of bar sales to members and non-members, membership subscriptions and gaming income from members, net of value added tax.

Revenue is recognised when bar and food products are served to customers.

Fruit machine and gaming income is recognised as the gross proceeds taken from the machines, before deducting gaming duty and payouts.

Membership and door income is recognised when paid by a member/non-member.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furniture,fittings & equipment - 10% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


EASTBOURNE FISHERMEN'S AND BOATMEN'S
PROTECTION SOCIETY AND CLUB LIMITED (REGISTERED NUMBER: 00867629)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Furniture,fittings Computer
& equipment equipment Totals
£    £    £   
COST
At 1 October 2023 283,896 10,736 294,632
Additions 998 - 998
At 30 September 2024 284,894 10,736 295,630
DEPRECIATION
At 1 October 2023 243,873 10,736 254,609
Charge for year 4,102 - 4,102
At 30 September 2024 247,975 10,736 258,711
NET BOOK VALUE
At 30 September 2024 36,919 - 36,919
At 30 September 2023 40,023 - 40,023

5. STOCKS
2024 2023
£    £   
Stocks 8,900 10,300

EASTBOURNE FISHERMEN'S AND BOATMEN'S
PROTECTION SOCIETY AND CLUB LIMITED (REGISTERED NUMBER: 00867629)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,173 -
Other debtors 1,248 -
VAT 5,568 377
Prepayments 7,112 10,908
16,101 11,285

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 94,733 94,049
Tax 1,459 2,864
PAYE - 306
Other creditors 192 185
Memberships in advance 4,360 5,227
Accrued expenses 8,454 7,291
109,198 109,922

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 37,388 43,964
Between one and five years 42,539 74,849
79,927 118,813

9. SHARE CAPITAL

The club is incorporated under the Companies Act and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding 20p as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.

10. EXCEPTIONAL ITEMS

During the year a successful business rates appeal was undertaken by business rates specialist. This resulted in a business rates refund of £53,386 with their agreed share of £26,693 being charged.