Bracklesham Caravan & Boat Club Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00798590 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2021

FOR

BRACKLESHAM CARAVAN & BOAT CLUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Ellis

Mrs J Grout

Mrs K Summerhayes

N J Blazey

T G Crudgington

Mrs G Curd

Mrs S Streetley

SECRETARY:

J Ellis

REGISTERED OFFICE:

East Bracklesham Drive

Bracklesham Bay

Chichester

West Sussex

PO20 8JP

REGISTERED NUMBER:

00798590 (England and Wales)

AUDITORS:

Bromley Clackett Limited

Statutory Auditors

76 Aldwick Road

Bognor Regis

West Sussex

PO21 2PE

FIXED ASSETS

Tangible assets

4

769,551

766,390

CURRENT ASSETS

Stocks

22,309

24,500

Debtors

5

132,380

71,159

Cash at bank and in hand

1,051,091

1,109,106

1,205,780

1,204,765

CREDITORS

Amounts falling due within one year

6

301,098

271,398

NET CURRENT ASSETS

904,682

933,367

TOTAL ASSETS LESS CURRENT LIABILITIES

1,674,233

1,699,757

CAPITAL AND RESERVES

Called up share capital

2,710

2,710

Share premium

1,760

1,760

Retained earnings

1,669,763

1,695,287

SHAREHOLDERS' FUNDS

1,674,233

1,699,757

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 8th April 2022 and were signed on its behalf by:

Mrs J Grout - Director

1.	STATUTORY INFORMATION

Bracklesham Caravan & Boat 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.

Turnover

Turnover represents amounts receivable in respect of goods and services provided. Turnover mainly comprises income from the sale of caravans and subscriptions and recharges to members.

Subscriptions represent amounts receivable in respect of the reporting periods irrespective of invoicing and payment arrangements and are generally invoiced and received in advance. Therefore amounts invoiced in respect of future periods are shown within liabilities as other creditors as are any amounts a customer has already paid on account of a future invoice.

Caravan sales are recognised at the point when the customer has an unconditional obligation to settle the liability.

Tangible fixed assets

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

Buildings & structures

- 2% on cost and 10% on cost

Plant and machinery etc

- 25% on reducing balance and 20% on reducing balance

No depreciation is provided on the cost of freehold land.

Stocks

Stock for re-sale is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.

Other stocks are valued at cost, after due regard for obsolescence.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2020 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st November 2020

969,506

208,318

169,864

8,983

1,356,671

Additions

-

53,965

3,191

-

57,156

At 31st October 2021

969,506

262,283

173,055

8,983

1,413,827

DEPRECIATION

At 1st November 2020

362,561

116,430

102,681

8,609

590,281

Charge for year

19,093

13,705

21,104

93

53,995

At 31st October 2021

381,654

130,135

123,785

8,702

644,276

NET BOOK VALUE

At 31st October 2021

587,852

132,148

49,270

281

769,551

At 31st October 2020

606,945

91,888

67,183

374

766,390

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.21

31.10.20

£

£

Trade debtors

106,109

44,046

Other debtors

26,271

27,113

132,380

71,159

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.21

31.10.20

£

£

Trade creditors

29,673

32,891

Taxation and social security

6,256

39,365

Other creditors

265,169

199,142

301,098

271,398

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

The Report of the Auditors was unqualified.

Mr L Clackett FCCA ACA (Senior Statutory Auditor)

for and on behalf of Bromley Clackett Limited