Haslingden Bowling Club Limited
Haslingden Bowling Club Limited
Registered number: 00172415
Financial Statements
For The Year Ended 30 April 2017
Glenn J Wrighton & Co
85 Deardengate
Haslingden
Rossendale
Lancashire
BB4 5SN
Haslingden Bowling Club Limited
Unaudited Financial Statements
For The Year Ended 30 April 2017
Unaudited Financial Statements
Contents | |
Page | |
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Balance Sheet | 1—2 |
Statement of Changes in Equity | 3 |
Notes to the Financial Statements | 4—6 |
Haslingden Bowling Club Limited
Balance Sheet
As at
30 April 2017
Balance Sheet
Registered number:
00172415
For the year ending 30 April 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
2017 | 2016 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 5 |
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CURRENT ASSETS | |||||
Stocks | 6 |
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Debtors | 7 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 8 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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Profit and loss account |
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MEMBERS' FUNDS | 120,862 | 122,213 | |||
Page 1
Haslingden Bowling Club Limited
Balance Sheet (continued)
As at
30 April 2017
Directors' responsibilities:
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The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account
On behalf of the board
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The notes on pages 4 to 6 form part of these financial statements.
Page 2
Haslingden Bowling Club Limited
Statement of Changes in Equity
For The Year Ended 30 April 2017
Statement of Changes in Equity
Income and Expenditure Account | |
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£ | |
As at 1 May 2015 |
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Loss for the year and total comprehensive income |
( |
As at 30 April 2016 and 1 May 2016 |
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Loss for the year and total comprehensive income |
( |
As at |
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Page 3
Haslingden Bowling Club Limited
Notes to the Unaudited Accounts
For The Year Ended 30 April 2017
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold |
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Fixtures & Fittings |
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1.4.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
1.5.
Government grant
Government grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned.
All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.
1.6.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
4.
Average number of employees
Average number of employees, including directors, during the year was as follows:
Page 4
Haslingden Bowling Club Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 30 April 2017
5.
Tangible Assets
Land & Property | |||
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Freehold | Fixtures & Fittings | Total | |
£ | £ | £ | |
Cost | |||
As at |
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Additions |
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As at |
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Depreciation | |||
As at |
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Provided during the period |
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As at |
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Net Book Value | |||
As at |
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As at |
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6.
Stocks
2017 | 2016 | ||
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£ | £ | ||
Stock | 1,980 | 2,123 | |
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7.
Debtors
2017 | 2016 | ||
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£ | £ | ||
Due within one year | |||
Prepayments and accrued income |
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8.
Creditors: Amounts Falling Due Within One Year
2017 | 2016 | ||
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£ | £ | ||
Trade creditors |
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Accruals and deferred income (Current liabilities - creditors < 1 year) |
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Page 5
Haslingden Bowling Club Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 30 April 2017
9.
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
10.
General Information
Haslingden Bowling Club Limited Registered number 00172415 is a limited by guarantee company incorporated in England & Wales. The Registered Office is Club House, Ryfield Avenue West, Haslingden, Rossendale, Lancashire, BB4 4BG.
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