The Liverpool Motor Club Limited - Accounts to registrar (filleted) - small 18.2

The Liverpool Motor Club Limited - Accounts to registrar (filleted) - small 18.2

THE LIVERPOOL MOTOR CLUB LIMITED - Company Information

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REGISTERED NUMBER: 01882319 (England and Wales)


UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2020

FOR

THE LIVERPOOL MOTOR CLUB LIMITED
THE LIVERPOOL MOTOR CLUB LIMITED (REGISTERED NUMBER: 01882319)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE LIVERPOOL MOTOR CLUB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2020







DIRECTORS: J E Harden
J Hunt





SECRETARY: G O Maine





REGISTERED OFFICE: 67 Dorrington Road
Sale
M33 5DX





REGISTERED NUMBER: 01882319 (England and Wales)





ACCOUNTANTS: Champion TLL Limited
7-9 Station Road
Hesketh Bank
Preston
Lancashire
PR4 6SN
Page 1
THE LIVERPOOL MOTOR CLUB LIMITED (REGISTERED NUMBER: 01882319)

BALANCE SHEET
31ST DECEMBER 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,386 4,233

CURRENT ASSETS
Debtors 5 2,112 2,605
Cash at bank 119,172 120,880
121,284 123,485
CREDITORS
Amounts falling due within one year 6 779 690
NET CURRENT ASSETS 120,505 122,795
TOTAL ASSETS LESS CURRENT
LIABILITIES
123,891
127,028

RESERVES
Income and expenditure account 123,891 127,028
123,891 127,028

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2020 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 surplus or deficit 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th August 2021 and were signed on its behalf by:





J E Harden - Director


The notes form part of these financial statements

Page 2
THE LIVERPOOL MOTOR CLUB LIMITED (REGISTERED NUMBER: 01882319)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2020

1. STATUTORY INFORMATION

The Liverpool Motor 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.

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 each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st January 2020
and 31st December 2020 17,016 2,363 19,379
DEPRECIATION
At 1st January 2020 12,792 2,354 15,146
Charge for year 845 2 847
At 31st December 2020 13,637 2,356 15,993
NET BOOK VALUE
At 31st December 2020 3,379 7 3,386
At 31st December 2019 4,224 9 4,233

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade debtors 2,000 2,000
Other debtors 112 605
2,112 2,605

Page 3 continued...
THE LIVERPOOL MOTOR CLUB LIMITED (REGISTERED NUMBER: 01882319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2020

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Other creditors 779 690

7. RELATED PARTY DISCLOSURES

The Liverpool Motor Club operates a loan account with Barbon Hillclimb Limited, a company in which it has a
50% shareholding.

The amount due from Barbon Hillclimb Limited as at 31 December 2020 was £2,000 (2019: £2,000).

Page 4