Contents of the Financial Statements

for the Period Ended 31 October 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 October 2025

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

Directors

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

PM Jones
RH Lockyer

The director shown below has held office during the period of
1 November 2024 to 9 December 2024

D Williams

The director shown below has held office during the period of
9 December 2024 to 31 October 2025

MW Hughes

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
7 December 2025

And signed on behalf of the board by:
Name: PM Jones
Status: Director

Profit And Loss Account

for the Period Ended 31 October 2025

	2025	2024
	£	£
Turnover:	7,179	6,973
Gross profit(or loss):	7,179	6,973
Administrative expenses:	( 5,748 )	( 6,705 )
Operating profit(or loss):	1,431	268
Interest receivable and similar income:	4,822	3,722
Profit(or loss) before tax:	6,253	3,990
Tax:	0	0
Profit(or loss) for the financial year:	6,253	3,990

Balance sheet

As at 31 October 2025

	Notes	2025	2024
		£	£
Fixed assets
Intangible assets:	3	29,000	29,000
Tangible assets:	4	19,351	19,351
Total fixed assets:		48,351	48,351
Current assets
Cash at bank and in hand:		132,265	126,028
Total current assets:		132,265	126,028
Prepayments and accrued income:		1,385	1,368
Creditors: amounts falling due within one year:	5	( 264 )	( 264 )
Net current assets (liabilities):		133,386	127,132
Total assets less current liabilities:		181,737	175,483
Total net assets (liabilities):		181,737	175,483
Members' funds
Profit and loss account:		181,737	175,483
Total members' funds:		181,737	175,483

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 October 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 October 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents the value of membership subscriptions and the proceeds of membership activities.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are shown at cost or, where acquired at unrealistically low cost, at their market value at the time of acquisition. Boats are expected to hold their value and will only be depreciated if, in the opinion of the Directors, they lose value unexpectedly.

  Intangible fixed assets amortisation policy

  Intangible fixed assets (fishing rights) are shown at cost. Like land, they are expected to appreciate in value. They will not be depreciated, unless unforeseen events make that necessary. They will only be revalued, if disposed of.

Notes to the Financial Statements

for the Period Ended 31 October 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	0	0

  The company has no employees and all officials act on a voluntary basis receiving only payment of nominal out of pocket expenses.