ACCOUNTS - Final Accounts

WESTMINSTER BOATING BASE LIMITED - Company Information

Caseware UK (AP4) 2018.0.111 2018.0.111 2018-03-312018-03-31truetrueNo description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2017-04-01 02235218 2017-04-01 2018-03-31 02235218 2018-03-31 02235218 2017-03-31 02235218 c:CompanySecretary1 2017-04-01 2018-03-31 02235218 c:Director2 2017-04-01 2018-03-31 02235218 c:Director3 2017-04-01 2018-03-31 02235218 c:Director7 2017-04-01 2018-03-31 02235218 c:Director8 2017-04-01 2018-03-31 02235218 c:Director9 2017-04-01 2018-03-31 02235218 c:RegisteredOffice 2017-04-01 2018-03-31 02235218 c:Agent1 2017-04-01 2018-03-31 02235218 d:CurrentFinancialInstruments 2018-03-31 02235218 d:CurrentFinancialInstruments 2017-03-31 02235218 d:CurrentFinancialInstruments d:WithinOneYear 2018-03-31 02235218 d:CurrentFinancialInstruments d:WithinOneYear 2017-03-31 02235218 d:ShareCapital 2018-03-31 02235218 d:ShareCapital 2017-03-31 02235218 c:OrdinaryShareClass1 2017-04-01 2018-03-31 02235218 c:OrdinaryShareClass1 2018-03-31 02235218 c:FRS102 2017-04-01 2018-03-31 02235218 c:AuditExempt-NoAccountantsReport 2017-04-01 2018-03-31 02235218 c:FullAccounts 2017-04-01 2018-03-31 02235218 c:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31 xbrli:shares iso4217:GBP xbrli:pure

Company registration number: 02235218

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2018

	WESTMINSTER BOATING BASE LIMITED


WESTMINSTER BOATING BASE LIMITED

COMPANY INFORMATION

Directors	Mr M A L Batchelor
	Mr N M Berman
	Mr J Drake-Wilkes
	Mr C Sloan
	Mr R Craig


Company secretary	R W W Craig


Registered number	02235218


Registered office	Dinorvic Wharf
	136 Grosvenor Road
	London
	SW1V 3JY


Accountants	Menzies LLP
	Chartered Accountants
	Lynton House
	7-12 Tavistock Square
	London
	WC1H 9LT


Bankers	CAF Bank Ltd
	Kings Hill
	West Malling
	MW19 4TA


WESTMINSTER BOATING BASE LIMITED REGISTERED NUMBER:02235218

BALANCE SHEET

AS AT 31 MARCH 2018

		2018		2017
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	7,800		-
Cash at bank and in hand		6,834		24,638
		14,634		24,638
Creditors: amounts falling due within one year	5	(14,631)		(24,635)
Net current assets			3		3
Total assets less current liabilities			3		3

Net assets			3		3

Capital and reserves
Called up share capital	6	3	3
		3	3

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Mr N M Berman

Director

Date: 19 December 2018

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WESTMINSTER BOATING BASE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

1.	General information

Westminster Boating Base Limited is a private company, limited by shares, and is incorporated and domiciled in England & Wales. Details of the company's registered office can be found on the Company Information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Public benefit group

Westminster Boating Base Limited is part of a public benefit group.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Income from adult boating course is recognised as the training is provided.
Rent received from property letting is recognised on the dates the facilities are provided.

2.4

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.7

Gift Aid

Gift aid payments are recognised when paid.

Employees

The average monthly number of employees, including directors, during the year was 0 (2017 - 0).

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WESTMINSTER BOATING BASE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

Debtors

					2018	2017
					£	£


Trade debtors	7,800	-
	7,800	-

5.	Creditors: Amounts falling due within one year
		2018	2017
		£	£

Trade creditors	2,160	7,709
Amounts owed to group undertakings	7,875	9,620
Other taxation and social security	4,595	4,514
Accruals and deferred income	1	2,792
	14,631	24,635

6.	Share capital
		2018	2017
		£	£

Authorised, allotted, called up and fully paid

3 Ordinary shares of £1 each	3	3

Related party transactions

Westminster Boating Base Limited is a wholly owned subsidiary of Westminster Boating Base, charity number 299412. Two of the directors, M. Batchelor and N. Berman are also Trustees of the charity and hold shares in this company on behalf of the charity.
Management charges of £106,298 (2017: £102,145) were paid to Westminster Boating Base for use of the charity's facilities and staff.
Donations of £80,835 (2017: £61,809) were made to Westminster Boating Base during the year.
At the balance sheet date Westminster Boating Base Limited owed £7,875 (2017: £9,620) to the parent charity Westminster Boating Base.

8.	Parent entity

The parent of the smallest group for which consolidated financial statements are drawn up is Westminster Boating Base. The registered address of Westminster Boating Base is Dinorvic Wharf, 136 Grosvenor Road, London, SW1V 3JY.

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