| New Cleethorpes Constitutional Club Limited |
|
| Report to the directors on the preparation of the unaudited statutory accounts of New Cleethorpes Constitutional Club Limited for the year ended 31 January 2025 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of New Cleethorpes Constitutional Club Limited for the year ended 31 January 2025 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| Katie Sauvage Accountancy Services Ltd |
| Chartered Certified Accountants |
| 12 Pilgrims Close |
| South Killingholme |
| Immingham |
| North Lincolnshire |
| DN40 3HU |
|
| 9 July 2025 |
|
| New Cleethorpes Constitutional Club Limited |
| Registered number: |
00111954 |
| Balance Sheet |
| as at 31 January 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
76,827 |
|
|
78,519 |
|
| Current assets |
| Stocks |
|
|
8,610 |
|
|
11,994 |
| Debtors |
4 |
|
- |
|
|
1,588 |
| Cash at bank and in hand |
|
|
49,244 |
|
|
73,379 |
|
|
|
57,854 |
|
|
86,961 |
|
| Creditors: amounts falling due within one year |
5 |
|
(29,522) |
|
|
(33,677) |
|
| Net current assets |
|
|
|
28,332 |
|
|
53,284 |
|
| Net assets |
|
|
|
105,159 |
|
|
131,803 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
294 |
|
|
238 |
| Revaluation reserve |
6 |
|
|
75,181 |
|
|
75,181 |
| Other reserves |
|
|
|
4,054 |
|
|
4,054 |
| Profit and loss account |
|
|
|
25,630 |
|
|
52,330 |
|
| Shareholders' funds |
|
|
|
105,159 |
|
|
131,803 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| A McAndrew |
| Director |
| Approved by the board on 9 July 2025 |
|
| New Cleethorpes Constitutional Club Limited |
| Notes to the Accounts |
| for the year ended 31 January 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Improvements to property |
over 10 years |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 10 years |
|
|
Freehold property is shown at a previous UK GAAP revaluation, which has been used as deemed cost on transition to FRS102. All other assets are stated at cost less depreciation. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell, after making allowance for obsolete and slow moving items. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Pensions |
|
The Company operates a defined contribution pension scheme. Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
12 |
|
10 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Fixtures and fittings |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 February 2024 |
146,388 |
|
34,520 |
|
99,698 |
|
280,606 |
|
Additions |
- |
|
- |
|
2,158 |
|
2,158 |
|
At 31 January 2025 |
146,388 |
|
34,520 |
|
101,856 |
|
282,764 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2024 |
70,275 |
|
32,114 |
|
99,698 |
|
202,087 |
|
Charge for the year |
2,928 |
|
491 |
|
431 |
|
3,850 |
|
At 31 January 2025 |
73,203 |
|
32,605 |
|
100,129 |
|
205,937 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2025 |
73,185 |
|
1,915 |
|
1,727 |
|
76,827 |
|
At 31 January 2024 |
76,113 |
|
2,406 |
|
- |
|
78,519 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
66,719 |
|
66,719 |
|
Cumulative depreciation based on historical cost |
36,549 |
|
35,215 |
|
|
|
|
|
|
30,170 |
|
31,504 |
|
|
|
|
|
|
|
|
|
|
The freehold property was professionally valued on 31 January 1980 at £118,000. |
|
|
Freehold property is shown at a previous UK GAAP revaluation, which has been used as deemed cost at the date of transition to FRS102 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
- |
|
1,588 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
5,629 |
|
15,527 |
|
Taxation and social security costs |
16,864 |
|
11,279 |
|
Other creditors |
7,029 |
|
6,871 |
|
|
|
|
|
|
29,522 |
|
33,677 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Revaluation reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 February 2024 |
75,181 |
|
75,181 |
|
|
At 31 January 2025 |
75,181 |
|
75,181 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other financial commitments |
2025 |
|
2024 |
| £ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
1,476 |
|
1,476 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Controlling party |
|
|
The company is controlled by it's members. |
|
|
| 9 |
Other information |
|
|
New Cleethorpes Constitutional Club Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
The Club |
|
179 Grimsby Road |
|
Cleethorpes |
|
North East Lincolnshire |
|
DN35 7DJ |