Brandhall Labour Club Limited - Accounts to registrar (filleted) - small 18.2
Brandhall Labour Club Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2018 |
FOR |
BRANDHALL LABOUR CLUB LIMITED |
BRANDHALL LABOUR CLUB LIMITED (REGISTERED NUMBER: 00752686) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 30 November 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
BRANDHALL LABOUR CLUB LIMITED |
COMPANY INFORMATION |
for the Year Ended 30 November 2018 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SENIOR STATUTORY AUDITOR: |
AUDITORS: |
Statutory Auditors |
Logistics House |
1325a Stratford Road |
Hall Green |
Birmingham |
B28 9HH |
BRANDHALL LABOUR CLUB LIMITED (REGISTERED NUMBER: 00752686) |
BALANCE SHEET |
30 November 2018 |
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Prepayments and accrued income |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 on |
BRANDHALL LABOUR CLUB LIMITED (REGISTERED NUMBER: 00752686) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 30 November 2018 |
1. | STATUTORY INFORMATION |
Brandhall Labour Club Limited is a |
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 |
Turnover |
The club's turnover represents the value, excluding value added tax, of bar goods and catering sold during the |
year. |
Tangible fixed assets |
Freehold property | - |
Property improvements | - |
Smoking shelter | - |
Car park extension | - |
Snooker room improvements | - |
Fixtures and fittings | - |
No depreciation has been provided in respect of the freehold property and the car park extension as the directors |
are of the opinion that their residual value is at least equal to the net book value shown in the accounts. As a |
result the corresponding depreciation would not be material and therefore it is not charged in the profit and loss |
account. |
Stocks |
Stocks are valued at the lower of cost and net realisable value by an independent stocktaker. |
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. |
BRANDHALL LABOUR CLUB LIMITED (REGISTERED NUMBER: 00752686) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 November 2018 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Freehold | Property | Smoking |
property | improvements | shelter |
£ | £ | £ |
COST |
At 1 December 2017 |
At 30 November 2018 |
DEPRECIATION |
At 1 December 2017 |
Charge for year |
At 30 November 2018 |
NET BOOK VALUE |
At 30 November 2018 |
At 30 November 2017 |
Snooker | Fixtures |
Car park | room | and |
extension | improvements | fittings | Totals |
£ | £ | £ | £ |
COST |
At 1 December 2017 |
Additions |
At 30 November 2018 |
DEPRECIATION |
At 1 December 2017 |
Charge for year |
At 30 November 2018 |
NET BOOK VALUE |
At 30 November 2018 |
At 30 November 2017 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Other debtors |
BRANDHALL LABOUR CLUB LIMITED (REGISTERED NUMBER: 00752686) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 November 2018 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2018 | 2017 |
£ | £ |
Other creditors |
8. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2018 | 2017 |
£ | £ |
Within one year |
Between one and five years |
9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
10. | GOING CONCERN |
The accounts have been prepared on a going concern basis. The directors are committed to continue support the |
working capital requirements of the club for a period of at least 12 months from the date of approval of these |
financial statements. |