Elliswick Lawn Tennis Club Limited - Accounts to registrar (filleted) - small 18.2
Elliswick Lawn Tennis Club Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 September 2019 |
for |
Elliswick Lawn Tennis Club Limited |
Elliswick Lawn Tennis Club Limited (Registered number: 10022020) |
Contents of the Financial Statements |
for the Year Ended 30 September 2019 |
Page |
Company Information | 1 |
Chartered Accountants' Report | 2 |
Balance Sheet | 3 |
Notes to the Financial Statements | 4 |
Elliswick Lawn Tennis Club Limited |
Company Information |
for the Year Ended 30 September 2019 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Vaughan Chambers |
Vaughan Road |
Harpenden |
Hertfordshire |
AL5 4EE |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Elliswick Lawn Tennis Club Limited |
The following reproduces the text of the report prepared for the directors in respect of the company's |
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is |
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain |
other primary statements and the Report of the Directors are not required to be filed with the |
Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
the financial statements of Elliswick Lawn Tennis Club Limited for the year ended 30 September 2019 which |
comprise the Income Statement, Balance Sheet and the related notes from the company's accounting |
records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Elliswick Lawn Tennis Club Limited, as a body, in accordance with the terms of our engagement letter dated 7 November 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Elliswick Lawn Tennis Club Limited and state those matters that we have agreed to state to the Board of Directors of Elliswick Lawn Tennis Club Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Elliswick Lawn Tennis Club Limited and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Elliswick Lawn Tennis Club Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Elliswick Lawn Tennis Club Limited. You consider that Elliswick Lawn Tennis Club Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Elliswick Lawn Tennis Club Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
Vaughan Chambers |
Vaughan Road |
Harpenden |
Hertfordshire |
AL5 4EE |
Elliswick Lawn Tennis Club Limited (Registered number: 10022020) |
Balance Sheet |
30 September 2019 |
30.9.19 | 30.9.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks | 4 |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Retained earnings |
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. |
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 its behalf by: |
Elliswick Lawn Tennis Club Limited (Registered number: 10022020) |
Notes to the Financial Statements |
for the Year Ended 30 September 2019 |
1. | STATUTORY INFORMATION |
Elliswick Lawn Tennis Club Limited is a |
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 |
Turnover |
Turnover represents the total invoice value of subscriptions and sales made during the year and |
derives from the provision of activities falling within the company's ordinary activities. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated |
useful life. |
Freehold property 33.3 years |
Courts 7 years |
Floodlights and drive 10 years |
Furniture and equipment 5 years |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
3. | TANGIBLE FIXED ASSETS |
Furniture |
Freehold | Floodlights | and |
buildings | Courts | and drive | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 October 2018 |
Additions |
At 30 September 2019 |
DEPRECIATION |
At 1 October 2018 |
Charge for year |
At 30 September 2019 |
NET BOOK VALUE |
At 30 September 2019 |
At 30 September 2018 |
The cost of the freehold buildings is the accumulated costs of the Clubhouse and no value has been |
attached to the land. |
Elliswick Lawn Tennis Club Limited (Registered number: 10022020) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2019 |
4. | STOCKS |
30.9.19 | 30.9.18 |
£ | £ |
Bar stock |
Ball stock | 205 | 414 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.19 | 30.9.18 |
£ | £ |
Trade debtors |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.19 | 30.9.18 |
£ | £ |
Trade creditors |
Deferred income |
Accrued expenses |
7. | CAPITAL COMMITMENTS |
At the year end, capital commitments contracted but not provided for in the financial statements |
amounted to £Nil (2018: £155,000) in connection with the clubhouse extension. |
8. | ULTIMATE CONTROLLING PARTY |
The company operates as a Club and therefore in the opinion of the directors, there is no individual |
controlling party. |
9. | LIMITED BY GUARANTEE |
The company is limited by guarantee and has no share capital. In the event of a winding up, every |
member has undertaken to contribute a sum not exceeding £1. |