Tavistock Constitutional Club Company Limited(The)

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 00045658

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		315,000		315,000

			315,000		315,000
CURRENT ASSETS
Debtors	5	64,069		56,142
Cash at bank and in hand		14,876		6,532

		78,945		62,674
Creditors: Amounts Falling Due Within One Year	6	(12,645 )		(10,840 )

NET CURRENT ASSETS (LIABILITIES)			66,300		51,834

TOTAL ASSETS LESS CURRENT LIABILITIES			381,300		366,834

PROVISIONS FOR LIABILITIES
Provisions For Charges	7		(28,717 )		(21,017 )
Deferred Taxation			(6,500 )		(6,500 )

NET ASSETS			346,083		339,317

CAPITAL AND RESERVES
Called up share capital	8		2,250		2,250
Revaluation reserve	9		289,055		289,055
Profit and Loss Account			54,778		48,012

SHAREHOLDERS' FUNDS			346,083		339,317

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Tavistock Constitutional Club Company Limited(The)

Balance Sheet (continued)

As At 30 September 2025

For the year ending 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 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 Profit and Loss Account.

On behalf of the board

Clive Jago

Director

28/04/2026

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

1. General Information

Tavistock Constitutional Club Company Limited(The) is a private company, limited by shares, incorporated in England & Wales, registered number 00045658 . The registered office is C/O Tavistock Conservative Club, Drake Road, Tavistock, Devon, PL19 0AU.

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

The turnover shown in the profit and loss account represents rental income receivable during the year and is stated net of VAT. Rent received in advance is included in accruals and deferred income.

2.3. Investment Properties

Investment property is included at fair value. Changes in fair value are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2.4. Financial Instruments

The company holds the following financial instruments:

- Short term trade and other debtors and creditors;

- Cash and bank balances.

All financial instruments are classified as basic.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Investment Property

	2025
	£
Fair Value
As at 1 October 2024 and 30 September 2025	315,000

Investment property is stated at fair value at each balance sheet date. Changes in fair value are recognised in the profit and loss account.

The fair value of the property was determined by the directors based on informal advice obtained in the year ended 30 September 2021 and their assessment of current market conditions at each reporting date. The directors consider that the carrying value reflects a reasonable estimate of fair value.

Deferred taxation is provided on revaluation gains at the rate expected to apply when the property is sold.

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Tavistock Constitutional Club Company Limited(The)

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	11,574	11,197
Prepayments and accrued income	16,495	8,945
Other debtors	36,000	36,000

	64,069	56,142

Included within other debtors is £36,000 (2024: £36,000) due from a shareholder, as disclosed in note 10.

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	150	-
VAT	1,925	508
Accruals and deferred income	10,570	10,332

	12,645	10,840

7. Provisions for Liabilities


	Deferred Tax	Other Provisions	Total
	£	£	£
As at 1 October 2024	6,500	21,017	27,517
Additions	-	7,700	7,700

Balance at 30 September 2025	6,500	28,717	35,217

Provisions comprise amounts set aside for the anticipated cost of future repairs and dilapidations in respect of the company’s property.

The provision covers items such as stonework, external decoration and re-roofing. The amounts provided are based on the directors’ estimates of the expected cost of these works and the intervals at which they are likely to be incurred, with the aim of allocating the cost over the useful life of the relevant elements.

The timing of the expenditure is uncertain but is expected to arise over the medium to long term as part of the ongoing maintenance of the property.

Deferred taxation relates to timing differences arising on the revaluation of the investment property.

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2,250	2,250

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Tavistock Constitutional Club Company Limited(The)

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

9. Reserves

	Revaluation Reserve
	£
As at 1 October 2024	289,055

As at 30 September 2025	289,055

10. Related Party Transactions

Tavistock Conservative Club (Majority shareholders)

During the year the company entered into transactions with a shareholder holding approximately 71% of the issued share capital of the company.

At the balance sheet date, the company was owed £36,000 (2024: £36,000) by this shareholder. The balance is included within other debtors.

The balance represents an interest-free loan. The loan is unsecured and there are no fixed terms of repayment. No interest has been charged during the year.

The directors consider the balance to be recoverable and no impairment provision has been made.

In addition, the company provides premises for use by the Tavistock Conservative Club, a majority shareholder, at no charge. The directors consider this arrangement to be consistent with the company’s objectives.

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