IRIS Accounts Production v26.1.10.61 00974308 Board of Directors 1.4.25 31.3.26 31.3.26 true false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00974308 2025-03-31 00974308 2026-03-31 00974308 2025-04-01 2026-03-31 00974308 2024-03-31 00974308 2024-04-01 2025-03-31 00974308 2025-03-31 00974308 ns15:EnglandWales 2025-04-01 2026-03-31 00974308 ns14:PoundSterling 2025-04-01 2026-03-31 00974308 ns10:Director1 2025-04-01 2026-03-31 00974308 ns10:CompanyLimitedByGuarantee 2025-04-01 2026-03-31 00974308 ns10:SmallEntities 2025-04-01 2026-03-31 00974308 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 00974308 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 00974308 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 00974308 ns10:FullAccounts 2025-04-01 2026-03-31 00974308 ns10:Director2 2025-04-01 2026-03-31 00974308 ns10:Director5 2025-04-01 2026-03-31 00974308 ns10:Director7 2025-04-01 2026-03-31 00974308 ns10:Director8 2025-04-01 2026-03-31 00974308 ns10:Director11 2025-04-01 2026-03-31 00974308 ns10:Director12 2025-04-01 2026-03-31 00974308 ns10:Director13 2025-04-01 2026-03-31 00974308 ns10:RegisteredOffice 2025-04-01 2026-03-31 00974308 ns5:CurrentFinancialInstruments 2026-03-31 00974308 ns5:CurrentFinancialInstruments 2025-03-31 00974308 ns5:Non-currentFinancialInstruments 2026-03-31 00974308 ns5:Non-currentFinancialInstruments 2025-03-31 00974308 ns5:FurtherSpecificReserve2ComponentTotalEquity 2026-03-31 00974308 ns5:FurtherSpecificReserve2ComponentTotalEquity 2025-03-31 00974308 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 00974308 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 00974308 ns5:LeaseholdImprovements 2025-04-01 2026-03-31 00974308 ns5:PlantMachinery 2025-04-01 2026-03-31 00974308 ns5:FurnitureFittings 2025-04-01 2026-03-31 00974308 ns5:MotorVehicles 2025-04-01 2026-03-31 00974308 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-03-31 00974308 ns5:LeaseholdImprovements 2025-03-31 00974308 ns5:PlantMachinery 2025-03-31 00974308 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-04-01 2026-03-31 00974308 ns5:LongLeaseholdAssets ns5:LandBuildings 2026-03-31 00974308 ns5:LeaseholdImprovements 2026-03-31 00974308 ns5:PlantMachinery 2026-03-31 00974308 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-03-31 00974308 ns5:LeaseholdImprovements 2025-03-31 00974308 ns5:PlantMachinery 2025-03-31 00974308 ns5:FurnitureFittings 2025-03-31 00974308 ns5:MotorVehicles 2025-03-31 00974308 ns5:FurnitureFittings 2026-03-31 00974308 ns5:MotorVehicles 2026-03-31 00974308 ns5:FurnitureFittings 2025-03-31 00974308 ns5:MotorVehicles 2025-03-31 00974308 ns5:CostValuation 2025-03-31 00974308 ns5:Subsidiary1 2025-04-01 2026-03-31 00974308 1 ns5:Subsidiary1 2025-04-01 2026-03-31 00974308 ns5:Subsidiary1 2026-03-31 00974308 ns5:Subsidiary1 2025-03-31 00974308 ns5:Subsidiary1 2024-04-01 2025-03-31 00974308 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 00974308 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 00974308 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 00974308 ns5:FurtherSpecificReserve2ComponentTotalEquity 2025-03-31 00974308 ns5:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31

REGISTERED NUMBER: 00974308 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2026 |

| FOR |

| DRAYCOTE WATER SAILING CLUB LIMITED |

DRAYCOTE WATER SAILING CLUB LIMITED (REGISTERED NUMBER: 00974308) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 March 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| DRAYCOTE WATER SAILING CLUB LIMITED |

COMPANY INFORMATION

for the Year Ended 31 March 2026

| DIRECTORS: | W J Whittaker

| P Huett

| R M Botting

| S W Odling

| C Mulhall

| J G Messing

| C J Avery

| P L Irish

| REGISTERED OFFICE: | Draycote Water

| Kites Hardwick

| Nr. Rugby

| Warwickshire

| CV23 8AB

| REGISTERED NUMBER: | 00974308 (England and Wales)

| ACCOUNTANTS: | Bernard Rogers & Co

| Bank Gallery

| High Street

| Kenilworth

| Warwickshire

| CV8 1LY

DRAYCOTE WATER SAILING CLUB LIMITED (REGISTERED NUMBER: 00974308) |

BALANCE SHEET

31 March 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 64,074 |  | 78,726 |  |

Investments | 5 | 1 |  | 1 |  |

64,075 |  | 78,727 |  |

CURRENT ASSETS

Debtors | 6 | 516,238 |  | 400,426 |  |

Cash at bank | 115,981 |  | 155,919 |  |

632,219 |  | 556,345 |  |

CREDITORS

Amounts falling due within one year | 7 | 64,295 |  | 71,983 |  |

NET CURRENT ASSETS | 567,924 |  | 484,362 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 631,999 |  | 563,089 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 7,438 |  | 10,601 |  |

NET ASSETS | 624,561 |  | 552,488 |  |

RESERVES

Pre Incorporation surplus | 9 | 6,621 |  | 6,621 |  |

Retained earnings | 9 | 617,940 |  | 545,867 |  |

MEMBERS' FUNDS | 624,561 |  | 552,488 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DRAYCOTE WATER SAILING CLUB LIMITED (REGISTERED NUMBER: 00974308) |

BALANCE SHEET - continued

31 March 2026

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 August 2026 and were signed on its behalf by:

P Huett - Director

DRAYCOTE WATER SAILING CLUB LIMITED (REGISTERED NUMBER: 00974308) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 March 2026

1. | STATUTORY INFORMATION

| Draycote Water Sailing Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Improvements to property | - | in accordance with the property

| Machinery, sailing, training and rescue equipment | - | 25% on cost

| Fixtures and fittings | - | 25% on cost

| Motor vehicles | - | 25% on cost

| Taxation

| Advantage is taken of the corporation tax exemptions applicable to Community Amateur Sports Clubs.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2025 - 5 ) .

DRAYCOTE WATER SAILING CLUB LIMITED (REGISTERED NUMBER: 00974308) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2026

4. | TANGIBLE FIXED ASSETS

| Machinery,

| sailing,

| training

| Improvements |  | and

| Long |  | to |  | rescue

| leasehold |  | property |  | equipment

£ | £ | £ |

| COST

| At 1 April 2025 | 94,806 |  | 148,076 |  | 17,692 |  |

| Additions | - |  | - |  | 2,619 |  |

| At 31 March 2026 | 94,806 |  | 148,076 |  | 20,311 |  |

| DEPRECIATION

| At 1 April 2025 | 85,888 |  | 90,691 |  | 11,826 |  |

| Charge for year | 1,784 |  | 11,477 |  | 3,073 |  |

| At 31 March 2026 | 87,672 |  | 102,168 |  | 14,899 |  |

| NET BOOK VALUE

| At 31 March 2026 | 7,134 |  | 45,908 |  | 5,412 |  |

| At 31 March 2025 | 8,918 |  | 57,385 |  | 5,866 |  |

| Fixtures |

| and |  | Motor |

| fittings |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025 | 9,368 |  | 19,727 |  | 289,669 |  |

| Additions | - |  | - |  | 2,619 |  |

| At 31 March 2026 | 9,368 |  | 19,727 |  | 292,288 |  |

| DEPRECIATION

| At 1 April 2025 | 2,811 |  | 19,727 |  | 210,943 |  |

| Charge for year | 937 |  | - |  | 17,271 |  |

| At 31 March 2026 | 3,748 |  | 19,727 |  | 228,214 |  |

| NET BOOK VALUE

| At 31 March 2026 | 5,620 |  | - |  | 64,074 |  |

| At 31 March 2025 | 6,557 |  | - |  | 78,726 |  |

DRAYCOTE WATER SAILING CLUB LIMITED (REGISTERED NUMBER: 00974308) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2026

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 1 |  |

| NET BOOK VALUE

| At 31 March 2026 | 1 |  |

| At 31 March 2025 | 1 |  |

| The company's investments at the Balance Sheet date in the share capital of companies include the following:

| DWSC Trading Limited

| Registered office: Draycote Water, Kites Hardwick, Rugby, CV23 8AB

| Nature of business: Sailing courses and related activities.

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

2026 | 2025 |

£ | £ |

| Aggregate capital and reserves | (314,388 | ) | (251,439 | ) |

| Loss for the year | (62,949 | ) | (70,607 | ) |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 19,932 |  | 27,633 |  |

| Amounts owed by group undertakings | 495,056 |  | 372,793 |  |

| Prepayments | 1,250 |  | - |  |

516,238 |  | 400,426 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade creditors | 11,936 |  | 12,080 |  |

| Social security and other taxes | 4,490 |  | 3,894 |  |

| Other creditors | 1,037 |  | 1,037 |  |

| Income received in advance | 39,988 |  | 46,568 |  |

| Accrued expenses | 3,681 |  | 5,240 |  |

| Deferred grants | 3,163 |  | 3,164 |  |

64,295 |  | 71,983 |  |

DRAYCOTE WATER SAILING CLUB LIMITED (REGISTERED NUMBER: 00974308) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2026

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Deferred grants | 7,438 |  | 10,601 |  |

9. | RESERVES

| Pre |

| Retained |  | Incorporation |

| earnings |  | surplus |  | Totals

£ | £ | £ |

| At 1 April 2025 | 545,867 |  | 6,621 |  | 552,488 |  |

| Profit for the year | 72,073 |  | 72,073 |  |

| At 31 March 2026 | 617,940 |  | 6,621 |  | 624,561 |  |

10. | CAPITAL COMMITMENTS

| The company has received capital grants in the year of £nil plus from previous years amounts totalling £23,103 of which £10,602 (2025 £13,765) is included in creditors as deferred income. The grants have various conditions attached to them and a breach of these conditions may result in the grants becoming repayable.

11. | ULTIMATE CONTROLLING PARTY

| The controlling party is the board of directors.