Wadsley House Social Club Limited - Accounts to registrar (filleted) - small 18.2
Wadsley House Social Club Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2019 |
FOR |
WADSLEY HOUSE SOCIAL CLUB LIMITED |
WADSLEY HOUSE SOCIAL CLUB LIMITED (REGISTERED NUMBER: 00158077) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH SEPTEMBER 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
WADSLEY HOUSE SOCIAL CLUB LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30TH SEPTEMBER 2019 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Broadfield House |
18 Broadfield Road |
Sheffield |
S8 0XJ |
WADSLEY HOUSE SOCIAL CLUB LIMITED (REGISTERED NUMBER: 00158077) |
BALANCE SHEET |
30TH SEPTEMBER 2019 |
2019 | 2018 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 |
R B Woodcock - Director | D Law - Director |
D K Putland - Director |
WADSLEY HOUSE SOCIAL CLUB LIMITED (REGISTERED NUMBER: 00158077) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH SEPTEMBER 2019 |
1. | STATUTORY INFORMATION |
Wadsley House Social Club Limited is a |
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 comprises the sales made and income receivable during the year stated net of value added tax, other |
than subscriptions which are accounted for on a receipts basis. |
Tangible fixed assets |
Freehold property | - |
Fixtures, fittings and equipment | - |
Crockery, cutlery and linen | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Fixtures, |
fittings | Crockery, |
Freehold | Property | and | cutlery |
property | improvements | equipment | and linen | Totals |
£ | £ | £ | £ | £ |
COST |
At 1st October 2018 |
and 30th September 2019 |
DEPRECIATION |
At 1st October 2018 |
Charge for year |
At 30th September 2019 |
NET BOOK VALUE |
At 30th September 2019 |
At 30th September 2018 |
In the opinion of the directors the value of the company's freehold land and buildings is materially in excess of |
the book value shown in the accounts but, in the absence of a professional valuation and the segregation of the |
buildings and site values, are unable to state the amount of such excess. The buildings are insured for a |
reinstatement value of £1,331,269 at 30th September 2019 (2018 - £1,331,269). |
WADSLEY HOUSE SOCIAL CLUB LIMITED (REGISTERED NUMBER: 00158077) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH SEPTEMBER 2019 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
VAT | 170 | 779 |
Other creditors |
Retiring members' share account | 6,525 | 6,355 |
Directors' current accounts | 5,500 | 5,000 |
Accruals |
The retiring members' shares account consists of those shares owned by members who, as prescribed in the |
company's Articles of Association, are no longer entitled to hold shares. In such cases, the company holds the |
sums due in trust for the retiring members or their representatives. |
6. | RELATED PARTY DISCLOSURES |
The company has a loan from a director, Mr D Law, of £5,500 (2018 - £5,000) outstanding at the year end. |