| ROYAL CORINTHIAN YACHT CLUB LIMITED |
| Registered Number:00248362 |
For the year ended 30 September 2025
England and Wales
Report of the Directors and Unaudited Financial Statements
For the year ended 30 September 2025
ROYAL CORINTHIAN YACHT CLUB LIMITED
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
ROYAL CORINTHIAN YACHT CLUB LIMITED
Statement of Financial Position
2024
2025
| Property, plant and equipment |
619,704
649,029
2
619,704
649,029
11,919
16,059
3
| Trade and other receivables |
40,100
53,664
4
123,036
| Cash and cash equivalents |
81,801
151,524
175,055
| Trade and other payables: amounts falling due within one year |
(124,155)
(134,743)
5
50,900
16,781
Net current assets
| Total assets less current liabilities |
636,485
699,929
| Trade and other payables: amounts falling due after more than one year |
(28,355)
(167,948)
6
468,537
Net assets
671,574
438,701
447,654
7
29,836
223,920
468,537
671,574
Members' Funds
| For the year ended 30 September 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 of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and |
| of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply with |
| the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 15 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 September 2025
ROYAL CORINTHIAN YACHT CLUB LIMITED
Notes to the Financial Statements
Statutory Information
| ROYAL CORINTHIAN YACHT CLUB LIMITED is a private limited company, limited by guarantee, domiciled in England and Wales, |
| registration number 00248362. |
The Quay
Burnham-on-Crouch
Essex
CM0 8AX
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Pontoon
Lift
Catering equipment
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 30 September 2025
ROYAL CORINTHIAN YACHT CLUB LIMITED
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
1,478,658
518,308
960,350
960,350
518,308
1,478,658
| Provision for depreciation and impairment |
829,629
457,344
372,285
Charge for year
29,325
9,918
19,407
858,954
467,262
391,692
568,658
51,046
619,704
588,065
60,964
649,029
| Cost or Valuation at 30 September 2025 represented by: |
| Valuation Land and Plant and Totals |
| Valuation in 1993 106,703 - 106,703 |
| Valuation in 1998 49,545 - 49,545 |
| Valuation in 2009 487,000 - 487,000 |
| Cost 317,102 518,308 835,410 |
| ------------------------------------------------------ |
| As at 30 September 2025 960,350 518,308 1,478,658 |
| If the freehold property had not been revalued it would have been included at the following historical cost: |
| Freehold land and buldings were valued on an open market basis on 20 September 2009 by the directors |
2024
2025
16,059
11,919
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For the year ended 30 September 2025
ROYAL CORINTHIAN YACHT CLUB LIMITED
Notes to the Financial Statements Continued
| 4. Trade and other receivables |
2024
2025
9,355
1,684
44,309
38,416
40,100
53,664
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
6,210
6,210
24,995
16,878
| Taxation and social security |
30,779
25,320
72,759
75,747
134,743
124,155
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
22,948
28,355
145,000
-
167,948
28,355
| Revaluation reserve at 01 October 2024 |
447,654
| Transfer to profit and loss account |
(8,953)
438,701
| Revaluation reserve at 30 September 2025 |
| 8. Average number of persons employed |
During the year the average number of employees was 37 (2024 : 34)
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