City Graduates And Professions Club Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 11076485

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Stocks	5	12,986		16,273
Debtors	6	2,529		8,099
Cash at bank and in hand		80,908		96,925

		96,423		121,297
Creditors: Amounts Falling Due Within One Year	7	(148,432 )		(155,659 )

NET CURRENT ASSETS (LIABILITIES)			(52,009 )		(34,362 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(52,009 )		(34,362 )

NET LIABILITIES			(52,009 )		(34,362 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			(52,011 )		(34,364 )

SHAREHOLDERS' FUNDS			(52,009)		(34,362)

For the year ending 31 December 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

Mr George Ridley

Director

07/05/2026

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

City Graduates And Professions Club Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11076485 . The registered office is 42 Crutched Friars, London, EC3N 2AP.

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. Going Concern Disclosure

The company has reported a loss for the year of £17,647 (2024: £19,867) and has net liabilities of £52,009 (2024: £34,362). These conditions represent a material uncertainty that may cast significant doubt upon the company's ability to continue as a going concern.

The directors have considered the company's financial position and future prospects carefully. The company operates as a members' club with an established and loyal membership base, from which it derives recurring subscription income. The directors are confident that the membership will continue to support the club and that, where necessary, members would provide financial backing to ensure its continuity. The directors have also considered the company's cash position and near-term trading outlook.

Having regard to these factors, the directors believe it remains appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the going concern basis of preparation being inappropriate.

2.3. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Subscriptions

Annual membership fees are received in advance. Paid monthly / quarterly and annually. Turnover from membership is recognised on a month by month basis.

2.4. 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:

Fixtures & Fittings

fully written off

2.5. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 9)

Page 2

Page 3

City Graduates And Professions Club Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 January 2025	89,480

As at 31 December 2025	89,480

Depreciation
As at 1 January 2025	89,480

As at 31 December 2025	89,480

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

5. Stocks

	2025	2024
	£	£
Stock - merchandise	2,859	3,467
Stock - food and drink	10,127	12,806

	12,986	16,273

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	250	5,225
Prepayments and accrued income	2,279	2,874

	2,529	8,099

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	9,411	13,424
Other taxes and social security	16,634	14,881
VAT	29,941	26,750
Net wages	1	-
Pension creditor	1,134	-
Staff Tips & Events Tickets payable	6,499	5,081
Subscriptions paid in advance	53,818	52,090
Fabric & Ascot Funds	3,500	5,637
Other creditors (5)	71	-
Accruals	27,423	37,796

	148,432	155,659

Page 3

Page 4

City Graduates And Professions Club Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1 Ordinary Shares of £ 2.000 each	2	2

Page 4