The Royal Caledonian Curling Club - Accounts to registrar (filleted) - small 18.2

The Royal Caledonian Curling Club - Accounts to registrar (filleted) - small 18.2

THE ROYAL CALEDONIAN CURLING CLUB - Company Information

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REGISTERED NUMBER: SC232571 (Scotland)















Unaudited Financial Statements for the Year Ended 30 April 2018

for

The Royal Caledonian Curling Club
The Royal Caledonian Curling Club (Registered number: SC232571)






Contents of the Financial Statements
for the Year Ended 30 April 2018




Page

Balance Sheet 1

Notes to the Financial Statements 3


The Royal Caledonian Curling Club (Registered number: SC232571)

Balance Sheet
30 April 2018

30.4.18 30.4.17
Notes £    £   
FIXED ASSETS
Tangible assets 4 41,456 42,607
Investments 5 30,209 30,609
71,665 73,216

CURRENT ASSETS
Stocks 6 1,895 3,540
Debtors 7 199,308 107,142
Cash at bank 156,294 119,207
357,497 229,889
CREDITORS
Amounts falling due within one year 8 (217,202 ) (96,619 )
NET CURRENT ASSETS 140,295 133,270
TOTAL ASSETS LESS CURRENT
LIABILITIES
211,960
206,486

RESERVES
Income and expenditure account 211,960 206,486
211,960 206,486

The notes form part of these financial statements

Page 1 continued...
The Royal Caledonian Curling Club (Registered number: SC232571)

Balance Sheet - continued
30 April 2018


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 16 May 2018 and were signed on its behalf by:





Mr R A Niven - Director


The notes form part of these financial statements

Page 2
The Royal Caledonian Curling Club (Registered number: SC232571)

Notes to the Financial Statements
for the Year Ended 30 April 2018

1. STATUTORY INFORMATION

The Royal Caledonian Curling Club is a private company, limited by guarantee, domiciled in Scotland, registration number
SC32571. The registered office is 2a Ochil House, Springkerse Business Park, Stirling, FK7 7XE.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Subscription income is recognised in the period in which the income is received and in the period in which the associated
expenditure occurs. All other income is accounted for when received or in relation to the period earned.

Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2.5% on cost
Plant and machinery - 25% on cost

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of
acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed
assets are depreciated to nil value.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items. Cost is represented by purchase price.

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.

Page 3 continued...
The Royal Caledonian Curling Club (Registered number: SC232571)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2018

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to profit or loss in the period to which they relate.

Legal status
The company is limited by guarantee. The liability of each member of the company, in the event of its winding up, is
limited to £1.

Provisions
Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable
that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions
are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined
by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with
respect to any one item included in the same class of obligations may be small.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2017 - 18 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 May 2017 57,124 52,990 110,114
Additions - 3,000 3,000
At 30 April 2018 57,124 55,990 113,114
DEPRECIATION
At 1 May 2017 25,835 41,672 67,507
Charge for year 1,142 3,009 4,151
At 30 April 2018 26,977 44,681 71,658
NET BOOK VALUE
At 30 April 2018 30,147 11,309 41,456
At 30 April 2017 31,289 11,318 42,607

Page 4 continued...
The Royal Caledonian Curling Club (Registered number: SC232571)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2018

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 May 2017 1 30,608 30,609
Disposals - (400 ) (400 )
At 30 April 2018 1 30,208 30,209
NET BOOK VALUE
At 30 April 2018 1 30,208 30,209
At 30 April 2017 1 30,608 30,609

6. STOCKS
30.4.18 30.4.17
£    £   
Stocks 1,895 3,540

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Trade debtors 21,615 6,894
Amounts owed by group undertakings 17,000 17,000
Other debtors 160,693 83,248
199,308 107,142

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Trade creditors 27,928 23,497
Other creditors 189,274 73,122
217,202 96,619

Page 5