Company No: 01460140 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	J O A Hunt
	F W T Law (Resigned 07 July 2025)
	R J Titman (Appointed 07 July 2025)

SECRETARY

J O A Hunt

REGISTERED OFFICE	Eagle House
	28 Billing Road
	Northampton
	NN1 5AJ
	United Kingdom

COMPANY NUMBER

01460140 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Eagle House
	28 Billing Road
	Northampton
	NN1 5AJ

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	21,978		18,326
		21,978		18,326
Current assets
Debtors	5	2,479		3,390
Cash at bank and in hand	6	17,205		26,694
		19,684		30,084
Creditors: amounts falling due within one year	7	( 7,788)		( 7,914)
Net current assets		11,896		22,170
Total assets less current liabilities		33,874		40,496
Net assets		33,874		40,496
Reserves
Revaluation reserve		16,789		16,789
Profit and loss account		17,085		23,707
Total reserves		33,874		40,496

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Northampton Motor Cyclists Club Limited (registered number: 01460140) were approved and authorised for issue by the Board of Directors on 23 June 2026. They were signed on its behalf by:

J O A Hunt Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Northampton Motor Cyclists Club Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Eagle House, 28 Billing Road, Northampton, NN1 5AJ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Computer equipment	3 years straight line
Other property, plant and equipment	not depreciated

Cups and trophies are held as an investment and in the opinion of the Committee should not be depreciated.

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2. Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies above.

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

4. Tangible assets

	Plant and machinery		Computer equipment		Other property, plant and equipment		Total
	£		£		£		£
Cost
At 01 January 2025	8,664		128		17,685		26,477
Additions	4,000		0		0		4,000
At 31 December 2025	12,664		128		17,685		30,477
Accumulated depreciation
At 01 January 2025	8,048		103		0		8,151
Charge for the financial year	323		25		0		348
At 31 December 2025	8,371		128		0		8,499
Net book value
At 31 December 2025	4,293		0		17,685		21,978
At 31 December 2024	616		25		17,685		18,326

5. Debtors

	2025		2024
	£		£
Prepayments	2,456		3,073
Corporation tax	23		317
	2,479		3,390

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	17,205		26,694

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	5,898		6,060
Accruals	1,890		1,854
	7,788		7,914

8. Liability of members

The company is limited by guarantee and does not have share capital. The liability of each member is limited to £1. As at the year end there were 150 members (2024: 132).

9. Related party transactions

The company was under the control of its committee members who are listed on page 3 of this report.