Registered number
00111954
New Cleethorpes Constitutional Club Limited
Report and Accounts
31 January 2025
New Cleethorpes Constitutional Club Limited
Report and accounts
Contents
Page
Company information 1
Directors' report 2
Accountants' report 3
Profit and loss account 4
Balance sheet 5
Statement of changes in equity 6
Notes to the accounts 7
Detailed Profit and loss account 11
New Cleethorpes Constitutional Club Limited
Company Information
Directors
A McAndrew - appointed 28th October 2024
B Brown - appointed 1st May 2025
M Parker
M Phillips
J Yates
D Cook - resigned 11th Februrary 2025
K Southwell - resigned 6th May 2024
S Whale - appointed 2nd May 2025 resigned 10th June 2025
M Wilde - resigned 16th September 2024
Secretary
T Clark
Accountants
Katie Sauvage Accountancy Services Ltd
12 Pilgrims Close
South Killingholme
Immingham
North Lincolnshire
DN40 3HU
Bankers
Lloyds Bank Plc
44 St Peters Avenue
Cleethorpes
North East Lincolnshire
DN35 8HL
Registered office
The Club
179 Grimsby Road
Cleethorpes
North East Lincolnshire
DN35 7DJ
Registered number
00111954
New Cleethorpes Constitutional Club Limited
Registered number: 00111954
Directors' Report
The directors present their report and accounts for the year ended 31 January 2025.
Principal activities
The company's principal activity during the year continued to be operating a members club.
Directors
The following persons served as directors during the year, please see page 1 for appointment and resignation dates:
A McAndrew
B Brown
M Parker
M Phillips
J Yates
D Cook
K Southwell
S Whale
M Wilde
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 9 July 2025 and signed on its behalf.
A McAndrew
Director
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
Profit and Loss Account
for the year ended 31 January 2025
2025 2024
£ £
Turnover 350,733 310,424
Cost of sales (188,169) (144,159)
Gross profit 162,564 166,265
Administrative expenses (196,651) (169,014)
Other operating income 8,700 5,764
Operating (loss)/profit (25,387) 3,015
Interest receivable 420 253
(Loss)/profit before taxation (24,967) 3,268
Tax on (loss)/profit (1,733) (1,143)
(Loss)/profit for the financial year (26,700) 2,125
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
Statement of Changes in Equity
for the year ended 31 January 2025
Share Share Re- Other Profit Total
capital premium valuation Reserves and loss
reserve account
£ £ £ £ £ £
At 1 February 2023 203 - 75,181 4,054 50,205 129,643
Profit for the financial year 2,125 2,125
Shares issued - Nominal Value 25p 35 - 35
At 31 January 2024 238 - 75,181 4,054 52,330 131,803
At 1 February 2024 238 - 75,181 4,054 52,330 131,803
Loss for the financial year (26,700) (26,700)
Shares issued 56 - 56
At 31 January 2025 294 - 75,181 4,054 25,630 105,159
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
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