Elliswick Lawn Tennis Club Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10022020 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2018

for

Elliswick Lawn Tennis Club Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

J G Hesselink

S R Lowe

J F Mcgown

N Provis-Evans

V Aitchison

A P Ward

P Jacobs

REGISTERED OFFICE:

Vaughan Chambers

Vaughan Road

Harpenden

Hertfordshire

AL5 4EE

REGISTERED NUMBER:

10022020 (England and Wales)

ACCOUNTANTS:

Hicks and Company

Chartered Accountants

Vaughan Chambers

Vaughan Road

Harpenden

Hertfordshire

AL5 4EE

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 2018 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 31 October 2017. 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 profit 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.

Hicks and Company

Chartered Accountants

Vaughan Chambers

Vaughan Road

Harpenden

Hertfordshire

AL5 4EE

7 November 2018

FIXED ASSETS

Tangible assets

3

152,634

152,038

CURRENT ASSETS

Stocks

4

922

647

Debtors

5

4,615

4,927

Cash at bank

178,722

161,931

184,259

167,505

CREDITORS

Amounts falling due within one year

6

29,656

24,573

NET CURRENT ASSETS

154,603

142,932

TOTAL ASSETS LESS CURRENT LIABILITIES

307,237

294,970

RESERVES

Retained earnings

307,237

294,970

307,237

294,970

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 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.

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 7 November 2018 and were signed on its behalf by:

A P Ward - Director

J G Hesselink - Director

1.	STATUTORY INFORMATION

Elliswick Lawn Tennis Club Limited is a private company, limited by shares , 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 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

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 2017

133,665

153,647

130,295

8,763

426,370

Additions

9,299

19,217

-

-

28,516

At 30 September 2018

142,964

172,864

130,295

8,763

454,886

DEPRECIATION

At 1 October 2017

71,917

124,928

73,527

3,960

274,332

Charge for year

4,289

8,849

13,029

1,753

27,920

At 30 September 2018

76,206

133,777

86,556

5,713

302,252

NET BOOK VALUE

At 30 September 2018

66,758

39,087

43,739

3,050

152,634

At 30 September 2017

61,748

28,719

56,768

4,803

152,038

The cost of the freehold buildings is the accumulated costs of the Clubhouse and no value has been

attached to the land.

4.

STOCKS

30.9.18

30.9.17

£

£

Bar stock

508

526

Ball stock

414

121

922

647

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade debtors

2,931

1,463

Other debtors

-

1,688

Prepayments

1,684

1,776

4,615

4,927

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade creditors

6,099

1,639

Deferred income

21,233

20,849

Accrued expenses

2,324

2,085

29,656

24,573

7.	CAPITAL COMMITMENTS

At the year end, capital commitments contracted but not provided for in the financial statements

amounted to £155,000 (2017: £Nil) 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.