| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| FOR |
| HAVERSHAM SAILING CLUB LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| FOR |
| HAVERSHAM SAILING CLUB LIMITED |
| HAVERSHAM SAILING CLUB LIMITED (REGISTERED NUMBER: 02596421) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| HAVERSHAM SAILING CLUB LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| DIRECTORS: |
| SECRETARY: | R J Pakes |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 9 High Street |
| Woburn Sands |
| Milton Keynes |
| MK17 8RF |
| HAVERSHAM SAILING CLUB LIMITED (REGISTERED NUMBER: 02596421) |
| STATEMENT OF FINANCIAL POSITION |
| 31ST MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Income and expenditure account |
| 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. |
| HAVERSHAM SAILING CLUB LIMITED (REGISTERED NUMBER: 02596421) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 31ST MARCH 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| HAVERSHAM SAILING CLUB LIMITED (REGISTERED NUMBER: 02596421) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| Haversham Sailing Club Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover consists of membership fees, bar surplus and sundry fundraising activities. |
| Tangible fixed assets |
| Buildings | - |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Boats & trailers | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| The club is a registered Community Amateur Sports Club which exists only for the benefit of its members. All income and gains are applied for charitable and qualifying purposes only and as such it is exempt from corporation tax. |
| Government grants |
| Milton Keynes Council has provided a grant for the purchase and installation of solar panels at Haversham Sailing club. The grant is released to the profit and loss account over the estimated useful life of 25 years. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| HAVERSHAM SAILING CLUB LIMITED (REGISTERED NUMBER: 02596421) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements |
| Freehold | to |
| property | Buildings | property |
| £ | £ | £ |
| COST |
| At 1st April 2024 |
| Additions |
| Disposals |
| At 31st March 2025 |
| DEPRECIATION |
| At 1st April 2024 |
| Charge for year |
| Eliminated on disposal |
| At 31st March 2025 |
| NET BOOK VALUE |
| At 31st March 2025 |
| At 31st March 2024 |
| Fixtures |
| Plant and | and | Boats & |
| machinery | fittings | trailers | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st April 2024 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31st March 2025 |
| DEPRECIATION |
| At 1st April 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 31st March 2025 |
| NET BOOK VALUE |
| At 31st March 2025 |
| At 31st March 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| HAVERSHAM SAILING CLUB LIMITED (REGISTERED NUMBER: 02596421) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2025 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Taxation and social security |
| Other creditors |