THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Company limited by guarantee

Company Registration Number:
SC561038 (Scotland)

Unaudited statutory accounts for the year ended 30 November 2025

Period of accounts

Start date: 1 December 2024

End date: 30 November 2025

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2025

2025 2024


£
£
Turnover: 138,723 132,777
Cost of sales: ( 60,818 ) ( 52,757 )
Gross profit(or loss): 77,905 80,020
Distribution costs: 0 0
Administrative expenses: ( 90,667 ) ( 96,145 )
Other operating income: 17,126 10,130
Operating profit(or loss): 4,364 (5,995)
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 187 ) ( 2,746 )
Profit(or loss) before tax: 4,177 (8,741)
Tax: 0 0
Profit(or loss) for the financial year: 4,177 (8,741)

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Balance sheet

As at 30 November 2025

Notes 2025 2024


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 74,373 79,008
Investments:   0 0
Total fixed assets: 74,373 79,008
Current assets
Stocks: 4 5,058 4,806
Debtors: 5 1,893 489
Cash at bank and in hand: 6,253 5,369
Investments:   0 0
Total current assets: 13,204 10,664
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 46,025 ) ( 50,823 )
Net current assets (liabilities): (32,821) (40,159)
Total assets less current liabilities: 41,552 38,849
Creditors: amounts falling due after more than one year: 7 ( 5,158 ) ( 6,632 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 36,394 32,217
Members' funds
Profit and loss account: 36,394 32,217
Total members' funds: 36,394 32,217

The notes form part of these financial statements

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Balance sheet statements

For the year ending 30 November 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.

This report was approved by the board of directors on 8 August 2026
and signed on behalf of the board by:

Name: Raymond Leslie
Status: Director

The notes form part of these financial statements

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

    Other accounting policies

    Judgements and key sources of estimation uncertainty: The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors., including expectations of future events that are believed to be reasonable under the circumstances. Revenue recognition: Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The main source of income for the company is bar sales which are recognised as the cash is received.

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 6 6

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2024 36,722 54,440 11,253 4,175 21 106,611
Additions
Disposals
Revaluations
Transfers
At 30 November 2025 36,722 54,440 11,253 4,175 21 106,611
Depreciation
At 1 December 2024 18,723 6,252 2,613 15 27,603
Charge for year 3,572 750 312 1 4,635
On disposals
Other adjustments
At 30 November 2025 22,295 7,002 2,925 16 32,238
Net book value
At 30 November 2025 36,722 32,145 4,251 1,250 5 74,373
At 30 November 2024 36,722 35,717 5,001 1,562 6 79,008

Plant and Machinery = Property Improvements Motor Vehicles = Pool table & Disco

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

4. Stocks

2025 2024
£ £
Stocks 5,058 4,806
Payments on account 0 0
Total 5,058 4,806

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

5. Debtors

2025 2024
£ £
Trade debtors 1,893 489
Prepayments and accrued income 0 0
Other debtors 0 0
Total 1,893 489
Debtors due after more than one year: 0 0

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

6. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 1,474 8,279
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 6,740 3,506
Taxation and social security 7,741 3,371
Accruals and deferred income 273 25
Other creditors 29,797 35,642
Total 46,025 50,823

Accruals and deferred income = Pension creditor

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

7. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Bank loans and overdrafts 5,158 6,632
Total 5,158 6,632

COMMUNITY INTEREST ANNUAL REPORT

THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

Company Number: SC561038 (Scotland)

Year Ending: 30 November 2025

Company activities and impact

We have several clubs using our facilities on a weekly basis which include: Local martial arts club 2 nights a week. Bingo night Local pool league Local darts league Local Rowing club In conjunction with the local boy scouts and royal naval club we provide food and refreshments during the local remembrance day parade. We also sponsor local events such as the Lossiemouth Raft Race and seafest.

Consultation with stakeholders

There are monthly committee meetings which are also attended by at least 1 director. We hold yearly AGM's and if required EGM's to allow the fielding of questions regarding the accounts and other club matters from the members. Directors are emailed the accounts when they are required to be finalised prior to filing.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
8 August 2026

And signed on behalf of the board by:
Name: Raymond Leslie
Status: Director