Company Registration No. 02405322 (England and Wales)
Gwendraeth Valley Motor Club Limited
Unaudited accounts
for the year ended 31 March 2025
Gwendraeth Valley Motor Club Limited
Unaudited accounts
Contents
Gwendraeth Valley Motor Club Limited
Company Information
for the year ended 31 March 2025
Directors
David Andrew Maclachlan
Willim John Thomas
Geremy Roger Trussler
Secretary
Alun Meurig John
Company Number
02405322 (England and Wales)
Registered Office
CRUD-YR-AWEL HOREB ROAD
MYNYDDYGARREG
KIDWELLY
CARMARTHENSHIRE
SA17 4RD
Accountants
Tessa Finch FMAAT
Finch Accountancy Ltd.
20 Bridge Street
Kidwelly
Carms.
SA17 4UU
Gwendraeth Valley Motor Club Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
22,773
23,211
Creditors: amounts falling due within one year
(300)
(475)
Net current assets
22,473
22,736
Profit and loss account
22,473
22,814
Members' funds
22,473
22,814
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2025 and were signed on its behalf by
David Andrew Maclachlan
Director
Company Registration No. 02405322
Gwendraeth Valley Motor Club Limited
Notes to the Accounts
for the year ended 31 March 2025
Gwendraeth Valley Motor Club Limited is a private company, limited by guarantee, registered in England and Wales, registration number 02405322. The registered office is CRUD-YR-AWEL HOREB ROAD, MYNYDDYGARREG, KIDWELLY, CARMARTHENSHIRE, SA17 4RD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the income of the club received from members' subscriptions, rallies, donations and other sources.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance method
I have examined the records, vouchers, invoices, receipts, bank statements and books of account presented to me, and there were no matters arising.
I am satisfied that the books of account are in accordance with the supporting records - and those accounts form the basis of these financial statements I have prepared.
Tessa Finch FMAAT
Finch Accountancy Limited
20 Bridge Street
Kidwelly
Carms.
SA17 4UU
24 July 2025
Gwendraeth Valley Motor Club Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2025
2024
6
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).