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# LYNMOUTH SAILING CLUB CIC

## Company limited by guarantee

## Company Registration Number:
13269969 (England and Wales)

## Unaudited statutory accounts for the year ended 31 March 2025

## Period of accounts

## Start date: 1 April 2024

## End date: 31 March 2025

# LYNMOUTH SAILING CLUB CIC

## Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report |
Balance sheet |
Additional notes |
Community Interest Report |

# LYNMOUTH SAILING CLUB CIC

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

William Bowden
Anthony Glover

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
8 November 2025

And signed on behalf of the board by:
Name: William Bowden
Status: Director

# LYNMOUTH SAILING CLUB CIC

## Balance sheet

As at 31 March 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Current assets
Cash at bank and in hand: |  | 5,820 | 2,501
Total current assets: |  | 5,820 | 2,501
Net current assets (liabilities): |  | 5,820 | 2,501
Total assets less current liabilities: |  | 5,820 | 2,501
Total net assets (liabilities): |  | 5,820 | 2,501
Members' funds
Profit and loss account: |  | 5,820 | 2,501
Total members' funds: |  | 5,820 | 2,501

The notes form part of these financial statements

# LYNMOUTH SAILING CLUB CIC

## Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 8 November 2025
and signed on behalf of the board by:

Name: William Bowden
Status: Director

The notes form part of these financial statements

# LYNMOUTH SAILING CLUB CIC

## Notes to the Financial Statements

for the Period Ended 31 March 2025

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

# LYNMOUTH SAILING CLUB CIC

## Notes to the Financial Statements

for the Period Ended 31 March 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 0 | 0

# COMMUNITY INTEREST ANNUAL REPORT

### LYNMOUTH SAILING CLUB CIC

### Company Number: 13269969 (England and Wales)

### Year Ending: 31 March 2025

Company activities and impact

Lynmouth Sailing Club organised several events in 2024/25 including: Lynmouth Regatta and Maritime Festival – extended this year to a 4 day event where members and others competed in events such as sailing races, sculling races, 'Seagull Racing' (Seagull being a type of outboard motor), swimming and others. Members also held taster sessions where the public could join us on the water to try out sailing, sculling, paddle boarding etc. Shanty Singing – our shanty group performed on several occasions throughout the South-West and over in Poland helping raise money for our projects and others. LSC and our Swimming branch Lyn Seals are negotiating with North Devon District Council to acquire the ownership of Lynmouth Historic Sea Pool

Consultation with stakeholders

Stakeholders could be considered to be our members and members of the wider community, we regularly meet on a Thursday and discuss our projects and how we may offer assistance to other groups locally. In our immediate community we work frequently with the local Council, local School and Lyn Valley Classic Car (who organise Car and Motorcycle events locally) amongst others. Projects are always thoroughly de-briefed and we look to improve on every event we are involved in for following years either thorough efficiency improvements or upscaling what we attempt to do.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
8 November 2025

And signed on behalf of the board by:
Name: William Bowden
Status: Director