Rochester Cruising Club Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 01548777

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		243,737		250,478

			243,737		250,478
CURRENT ASSETS
Stocks	5	22,291		20,658
Debtors	6	12,226		11,531
Cash at bank and in hand		167,625		190,229

		202,142		222,418
Creditors: Amounts Falling Due Within One Year	7	(57,150 )		(45,666 )

NET CURRENT ASSETS (LIABILITIES)			144,992		176,752

TOTAL ASSETS LESS CURRENT LIABILITIES			388,729		427,230

NET ASSETS			388,729		427,230

Income Statement			388,729		427,230

MEMBERS' FUNDS			388,729		427,230

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Rochester Cruising Club Limited

Statement of Financial Position (continued)

As At 30 June 2025

For the year ending 30 June 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr N Simmons

Director

1 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Rochester Cruising Club Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 01548777 . The registered office is 10 The Esplanade, Rochester, Kent, ME1 1QN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Revenue recognition

Turnover from the sale of goods and rendering of services is recognised when the amount of revenue can be reasonably measured and it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Subscription income is accounted for on a receipts basis as no refunds are given if a member leaves during the year.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Straight line over 99 years
Plant & Machinery	15% reducing balance
Fixtures & Fittings	15% reducing balance
Computer Equipment	15% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Rochester Cruising Club Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the Income Statement as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2024: 17)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 July 2024	290,843	190,693	71,114	4,623	557,273

As at 30 June 2025	290,843	190,693	71,114	4,623	557,273

Depreciation
As at 1 July 2024	61,677	187,135	54,645	3,338	306,795
Provided during the period	3,547	533	2,469	192	6,741

As at 30 June 2025	65,224	187,668	57,114	3,530	313,536

Net Book Value
As at 30 June 2025	225,619	3,025	14,000	1,093	243,737

As at 1 July 2024	229,166	3,558	16,469	1,285	250,478

5. Stocks

	2025	2024
	£	£
Stock	22,291	20,658

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Rochester Cruising Club Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	6,182	930
Other debtors	6,044	10,601

	12,226	11,531

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	16,878	7,129
Other creditors	30,534	31,050
Taxation and social security	9,738	7,487

	57,150	45,666

8. Related Party Transactions

During the year the company used its members to supply goods and services both in the normal course of business and at rates below normal market value. The directors are confident that all such transactions were to the benefit of the company. In addition, the directors undertook transactions and had balances outstanding to the company which were a result of the company's normal activities in supplying memberships and moorings.

9. 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.

10. Off-Balance Sheet Arrangements

Secured Debts

National Westminster Bank PLC holds a legal charge over the property at 10 the Esplanade, Rochester. The bank also holds a denture over all the assets.

Bank accounts - Contingency fund

In accordance with the provisions of its articles, the company maintains a moorings contingency fund, in respect of which it held £67,616 (2024 £64,563)

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