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 2021

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

S F Dowding

K A Garrett

R M Kirkland

M R Taylor

K Kabelik

T J Rushton

A Child

L Fairclough

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

218,307

225,325

Investments

5

191,978

175,211

410,285

400,536

CURRENT ASSETS

Stocks

6

1,575

1,575

Debtors

7

16,899

10,748

Cash at bank and in hand

82,351

38,571

100,825

50,894

CREDITORS

Amounts falling due within one year

8

7,745

7,721

NET CURRENT ASSETS

93,080

43,173

TOTAL ASSETS LESS CURRENT LIABILITIES

503,365

443,709

CAPITAL AND RESERVES

Called up share capital

286

286

Share premium

36,841

36,841

Capital redemption reserve

239,601

239,601

Retained earnings

226,637

166,981

503,365

443,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 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 7 October 2021 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 (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Boats and

and

property

equipment

fittings

Totals

£

£

£

£

COST

At 1 July 2020

167,060

366,750

21,570

555,380

Additions

-

13,616

-

13,616

At 30 June 2021

167,060

380,366

21,570

568,996

DEPRECIATION

At 1 July 2020

103,836

207,476

18,743

330,055

Charge for year

3,000

17,162

472

20,634

At 30 June 2021

106,836

224,638

19,215

350,689

NET BOOK VALUE

At 30 June 2021

60,224

155,728

2,355

218,307

At 30 June 2020

63,224

159,274

2,827

225,325

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2020

175,211

Additions

35,731

Disposals

(34,004

)

Share of profit/(loss)

15,040

At 30 June 2021

191,978

NET BOOK VALUE

At 30 June 2021

191,978

At 30 June 2020

175,211

6.

STOCKS

2021

2020

£

£

Stocks

1,575

1,575

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

1,095

648

Prepayments and accrued income

15,804

10,100

16,899

10,748

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other loans

500

500

Trade creditors

3,092

4,791

Door card deposits held

1,000

1,000

Accruals and deferred income

3,153

1,430

7,745

7,721

9.	ULTIMATE CONTROLLING PARTY