Cambridge '99 Club Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01534286 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020

FOR

CAMBRIDGE '99 CLUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J O Jenner

J Chapman

M Hanman

L Bowden

C A C Champion

S F Dowding

K A Garrett

R M Kirkland

C Litina

M R Taylor

K Kabelik

G Douglas

T Rushton

SECRETARY:

M Hanman

REGISTERED OFFICE:

115c Milton Road

Cambridge

Cambridgeshire

CB4 1XE

REGISTERED NUMBER:

01534286 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Chartered Accountants

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Tangible assets

4

225,325

215,403

Investments

5

175,211

194,684

400,536

410,087

CURRENT ASSETS

Stocks

6

1,575

1,200

Debtors

7

10,748

6,490

Cash at bank and in hand

38,571

32,643

50,894

40,333

CREDITORS

Amounts falling due within one year

8

7,721

7,943

NET CURRENT ASSETS

43,173

32,390

TOTAL ASSETS LESS CURRENT LIABILITIES

443,709

442,477

CAPITAL AND RESERVES

Called up share capital

286

286

Share premium

36,841

36,841

Capital redemption reserve

239,601

239,601

Retained earnings

166,981

165,749

443,709

442,477

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2020 and were signed on its behalf by:

S F Dowding - Director

1.	STATUTORY INFORMATION

Cambridge 99 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 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 the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% on cost

Boats and equipment

-

20% on reducing balance, 10% on cost and 10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Stocks

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

moving items.

Taxation

The company is registered under the CASC provision so no taxation is payable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Boats and

and

property

equipment

fittings

Totals

£

£

£

£

COST

At 1 July 2019

167,060

336,350

21,570

524,980

Additions

-

30,400

-

30,400

At 30 June 2020

167,060

366,750

21,570

555,380

DEPRECIATION

At 1 July 2019

100,836

190,469

18,272

309,577

Charge for year

3,000

17,007

471

20,478

At 30 June 2020

103,836

207,476

18,743

330,055

NET BOOK VALUE

At 30 June 2020

63,224

159,274

2,827

225,325

At 30 June 2019

66,224

145,881

3,298

215,403

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2019

194,684

Additions

37,843

Disposals

(34,356

)

Share of profit/(loss)

(22,960

)

At 30 June 2020

175,211

NET BOOK VALUE

At 30 June 2020

175,211

At 30 June 2019

194,684

6.

STOCKS

2020

2019

£

£

Stocks

1,575

1,200

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

648

4,899

Other debtors

-

196

Prepayments and accrued income

10,100

1,395

10,748

6,490

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Other loans

500

500

Trade creditors

4,791

1,447

Door card deposits held

1,000

1,125

Accruals and deferred income

1,430

4,871

7,721

7,943

9.	ULTIMATE CONTROLLING PARTY