REGISTERED NUMBER: 00024166 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE BOROUGH OF GRAVESEND CONSERVATIVE

CLUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A L Ellis

R N Salter

Mrs L M Gregory

J M Nichols (Chairman)

P D Collins

S S Hatcher

SECRETARY:

Miss C A Lane

REGISTERED OFFICE:

193 Parrock Street

Gravesend

Kent

DA12 1EW

REGISTERED NUMBER:

00024166 (England and Wales)

AUDITORS:

Carleys

Statutory Auditor

Second Floor South

The Fitted Rigging House

The Historic Dockyard

Chatham

Kent

ME4 4TZ

BANKERS:

Lloyds Bank plc

78 New Road

Gravesend

Kent

DA11 0AR

FIXED ASSETS

Tangible assets

4

47,077

50,619

Investment property

5

342,028

341,685

389,105

392,304

CURRENT ASSETS

Stocks

5,653

6,539

Debtors

6

23,282

4,676

Cash at bank and in hand

65,705

79,753

94,640

90,968

CREDITORS

Amounts falling due within one year

7

33,746

30,458

NET CURRENT ASSETS

60,894

60,510

TOTAL ASSETS LESS CURRENT LIABILITIES

449,999

452,814

PROVISIONS FOR LIABILITIES

62,425

62,970

NET ASSETS

387,574

389,844

CAPITAL AND RESERVES

Called up share capital

8

4,500

4,500

Share premium

3,100

3,100

Fair value reserve

255,497

255,240

Retained earnings

124,477

127,004

SHAREHOLDERS' FUNDS

387,574

389,844

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 31 August 2026 and were signed on its behalf by:

J M Nichols (Chairman) - Director

S S Hatcher - Director

1.	STATUTORY INFORMATION

The Borough of Gravesend Conservative Club Limited is a private company, limited by shares , 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 as modified by the revaluation of certain assets.

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.

Land and buildings

-

2% on cost for buildings only

Plant and machinery etc

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

49,298

141,012

190,310

DEPRECIATION

At 1 January 2025

16,795

122,896

139,691

Charge for year

824

2,718

3,542

At 31 December 2025

17,619

125,614

143,233

NET BOOK VALUE

At 31 December 2025

31,679

15,398

47,077

At 31 December 2024

32,503

18,116

50,619

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

341,685

Revaluations

343

At 31 December 2025

342,028

NET BOOK VALUE

At 31 December 2025

342,028

At 31 December 2024

341,685

Fair value at 31 December 2025 is represented by:

£

Valuation in 2022

344,266

Valuation in 2023

(16,000

)

Valuation in 2024

7,685

Valuation in 2025

343

Cost

5,734

342,028

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

23,282

4,676

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

5,491

4,953

Taxation and social security

3,418

4,941

Other creditors

24,837

20,564

33,746

30,458

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

36,000

Ordinary

12.5p

4,500

4,500

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Claire Ralph (Senior Statutory Auditor)

for and on behalf of Carleys