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Registered number: 12369762
The Boat Club Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Artema Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12369762
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,801 1,749
1,801 1,749
CURRENT ASSETS
Debtors 6 199,914 371,844
Cash at bank and in hand 31,184 26,970
231,098 398,814
Creditors: Amounts Falling Due Within One Year 7 (152,769 ) (311,756 )
NET CURRENT ASSETS (LIABILITIES) 78,329 87,058
TOTAL ASSETS LESS CURRENT LIABILITIES 80,130 88,807
NET ASSETS 80,130 88,807
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 80,128 88,805
SHAREHOLDERS' FUNDS 80,130 88,807
Page 1
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For the year ending 31 March 2026 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 director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Christopher White
Director
28/07/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Boat Club Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12369762 . The registered office is Parkstone Bay Marina, Turks Lane, Poole, BH14 8EW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 4)
2 4
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 1,433 2,737 4,170
Additions - 1,016 1,016
Disposals - (1,147 ) (1,147 )
As at 31 March 2026 1,433 2,606 4,039
Depreciation
As at 1 April 2025 829 1,592 2,421
Provided during the period 151 450 601
Disposals - (784 ) (784 )
As at 31 March 2026 980 1,258 2,238
Net Book Value
As at 31 March 2026 453 1,348 1,801
As at 1 April 2025 604 1,145 1,749
5. Stocks
2026 2025
£ £
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 8,843 151,685
Prepayments and accrued income 8,505 24,584
Called up share capital not paid - 2
Amounts owed by associates 182,566 195,573
199,914 371,844
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 46,280 162,105
Corporation tax 25 24
Other taxes and social security 774 1,414
VAT 15,094 32,798
Security deposits 14,510 -
Accruals and deferred income 75,774 105,103
Director's loan account 312 312
Amounts owed to associates - 10,000
152,769 311,756
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8. Share Capital
2026 2025
£ £
Called Up Share Capital not Paid - 2
Called Up Share Capital has been paid up 2 -
Amount of Allotted, Called Up Share Capital 2 2
Page 5