Registration number: 00781819

Yorkshire Fly Fishers Club Limited(The)

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 6

Yorkshire Fly Fishers Club Limited(The)

(Registration number: 00781819)
Statement of Financial Position as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	326,835	326,835
Tangible assets	5	53,206	57,248
		380,041	384,083
Current assets
Debtors	6	34,725	33,501
Cash at bank and in hand		171,177	162,763
		205,902	196,264
Creditors: Amounts falling due within one year	7	(54,084)	(45,620)
Net current assets		151,818	150,644
Net assets		531,859	534,727
Capital and reserves
Called up share capital		42,200	42,200
Share premium reserve		262,825	262,825
Retained earnings		226,834	229,702
Shareholders' funds		531,859	534,727

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 15 July 2025 and signed on its behalf by:
 

......................................... Mr Robert Michael Milne Director

Yorkshire Fly Fishers Club Limited(The)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1	General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/o Beever and Struthers
One Express
1 George Leigh Street
Manchester
M4 5DL
England

These financial statements were authorised for issue by the Board on 15 July 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

The club receives subscriptions covering the year to 31 December. In accordance with accounting standards,
subscriptions due for the year to 31 December 2024 have been proportioned with four months relating to the current accounting reference date and eight months being carried forward to the next.

Government grants

Government grants have been credited to the profit and loss account on the accruals basis.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Yorkshire Fly Fishers Club Limited(The)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% reducing balance
Land and buildings	2.5% straight line
Plant and machinery	Various rates
Fishing waters and rights	Nil

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Fishing rights	Nil

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Yorkshire Fly Fishers Club Limited(The)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 10 (2024 - 10).

4	Intangible assets

	Fishing waters and rights £	Total £
Cost or valuation
At 1 May 2024	326,835	326,835
At 30 April 2025	326,835	326,835
Carrying amount
At 30 April 2025	326,835	326,835
At 30 April 2024	326,835	326,835

The directors consider the valuation at the accounting date to be similar to the carrying amount.

Yorkshire Fly Fishers Club Limited(The)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

5	Tangible assets

	Land and buildings £	Plant, fittings and equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 May 2024	88,296	30,621	24,120	143,037
Additions	-	696	-	696
At 30 April 2025	88,296	31,317	24,120	143,733
Depreciation
At 1 May 2024	42,591	22,834	20,364	85,789
Charge for the year	2,208	1,581	949	4,738
At 30 April 2025	44,799	24,415	21,313	90,527
Carrying amount
At 30 April 2025	43,497	6,902	2,807	53,206
At 30 April 2024	45,705	7,787	3,756	57,248

Included within the net book value of land and buildings above is £43,497 (2024 - £45,705) in respect of freehold land and buildings.
 

6

Debtors

Current	Note	2025 £	2024 £
Amounts owed by related parties		6,200	5,600
Prepayments		28,525	27,901
		34,725	33,501

Yorkshire Fly Fishers Club Limited(The)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	604	996
Accruals and deferred income	53,331	44,479
Other creditors	149	145
	54,084	45,620

8	Parent and ultimate parent undertaking

The Company's immediate parent is Yorkshire Fly Fishers (Holdings) Ltd, incorporated in England and Wales.