Company Registration No. 13848835 (England and Wales)
The United Wards Club of the City of London
Unaudited accounts
for the year ended 31 December 2025
The United Wards Club of the City of London
Unaudited accounts
Contents
The United Wards Club of the City of London
Company Information
for the year ended 31 December 2025
Directors
Stephen Osborne
Mike Wren
Chris Edge
Dhruv Patel
Tim McNally
Mary Hardy
James Nisbet
Stephen Willis
Hannan Ali DL
Garry Wykes
Emma Woods
Corinna Edge
Company Number
13848835 (England and Wales)
Registered Office
2 Kingswood Road
Wimbledon
London
SW19 3NE
The United Wards Club of the City of London
Statement of financial position
as at 31 December 2025
Tangible assets
58,401
58,402
Investments
177,983
159,338
Cash at bank and in hand
7,913
12,479
Creditors: amounts falling due within one year
(3,171)
(9,601)
Net current assets
10,167
11,578
Net assets
246,551
229,318
Revaluation reserve
58,400
58,400
Fair value reserve
38,219
23,338
Capital contribution reserve
181,888
181,888
Profit and loss account
(31,956)
(34,308)
Members' funds
246,551
229,318
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2026 and were signed on its behalf by
Chris Edge
Director
Company Registration No. 13848835
The United Wards Club of the City of London
Notes to the Accounts
for the year ended 31 December 2025
The United Wards Club of the City of London is a private company, limited by guarantee, registered in England and Wales, registration number 13848835. The registered office is 2 Kingswood Road, Wimbledon, London, SW19 3NE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard, now that the current and prior years' have been amended to reflect:
1. The incorporation reserve of £181,888, reflecting the deed of transfer from the original entity to the new limited company as at 01/01/22 and also
2. The unrealised gains on investments has been previously shown in the I&E account, but on advice has been moved into a specific reserve with adjustments being made for the past 3 years when the last Charles Stanley fund was aquired.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the inclusion of the Club's silver wear, officer's badges and banners in 2024, which was shown as an additon, but in fact was already held by the Club following the deed of transfer in 2022.
The accounts are presented in £ sterling.
Investments in managed funds are valued at the market value at the year end:
Merging of Fixed Asset headings
All remaining fixed assets have been moved into a single "Fixture & Fittings" heading as the software used for final accounts offers no sensible alternative descriptions.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer Equipment 25% The computer equipment no longer exists so has been fully written off during the year.
Fixtures & Fittings (Club's Banners, Regalia and silver wear) 0%
The Club's Banners, Regalia and silver wear were transferred by deed of transfer from the previous entity, but not included in the accounts until 2024. The costs added are the insured value and are not depreciated.
The United Wards Club of the City of London
Notes to the Accounts
for the year ended 31 December 2025
These financial statements have been prepared on a going concern basis. It is the directors’ view that the company will be able to continue as a going concern for at least a period of 12 months from the date that these financial statements are approved. The directors have also completed relevant forecasts for the forth coming year and the directors have assessed that the company can continue to operate. Therefore, as there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, accordingly, the directors believe that it is appropriate for the financial statements to be prepared on a going concern basis.
Turnover consists of Membership subscriptions, Event income
and Donations.
Subscriptions are now recorded on the date of receipt following the change from annual to the members individual renewal date, but no accrual or deferal has been made as it is not considered material.
The annual subscription was increased to £75 (from January 2024), payable on the anniversary of joining. No new Life Memberships have been offered since January 2023.
To comply with accounting standards, the unrealised gains on investments have been restated from other income to reserves and shown as Fair value reserve on the balance sheet
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2025
58,401
1
58,402
At 31 December 2025
58,401
-
58,401
At 31 December 2025
58,401
-
58,401
At 31 December 2024
58,401
1
58,402
The United Wards Club of the City of London
Notes to the Accounts
for the year ended 31 December 2025
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Investments
Other investments
Valuation at 1 January 2025
159,338
Fair value adjustments
14,881
Valuation at 31 December 2025
177,983
The investments are all held in a single managed fund, of which the Club holds a number of units. The policy remains to re-invest dividends and interest, which is shown as an additions (£3,764 in 2025) from the investments, but no income was realised.
Finished goods
5,265
8,570
The Club holds 80 Ladies badges which based on the current sales pattern means we have 10 years stock. Therefore the Directors have provided £2,680.for 40 of these badges as a provision, but hope eventually they will be sold.
Amounts falling due within one year
8
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
424
424
Accruals consist of accrued expenses and advance payments from members.
9
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).