Company Registration No. 11347182 (England and Wales)
THE CLUBHOUSE COFFEE & CYCLES LTD
Unaudited accounts
for the year ended 31 May 2022
THE CLUBHOUSE COFFEE & CYCLES LTD
Unaudited accounts
Contents
THE CLUBHOUSE COFFEE & CYCLES LTD
Company Information
for the year ended 31 May 2022
Director
Kane Pulford-Roberts
Company Number
11347182 (England and Wales)
Registered Office
18 NEWMARKET STREET
SKIPTON
BD23 2HR
ENGLAND
Accountants
Goodbooks (Skipton) Ltd
Duke House
Duke Street
Skipton
North Yorkshire
BD23 2HQ
THE CLUBHOUSE COFFEE & CYCLES LTD
Statement of financial position
as at 31 May 2022
Tangible assets
4,491
5,191
Cash at bank and in hand
344
-
Creditors: amounts falling due within one year
(10,589)
(29,727)
Net current liabilities
(1,001)
(24,484)
Total assets less current liabilities
3,490
(19,293)
Creditors: amounts falling due after more than one year
(23,424)
(12,848)
Net liabilities
(19,934)
(32,141)
Called up share capital
100
100
Profit and loss account
(20,034)
(32,241)
Shareholders' funds
(19,934)
(32,141)
For the year ending 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 February 2024 and were signed on its behalf by
Kane Pulford-Roberts
Director
Company Registration No. 11347182
THE CLUBHOUSE COFFEE & CYCLES LTD
Notes to the Accounts
for the year ended 31 May 2022
THE CLUBHOUSE COFFEE & CYCLES LTD is a private company, limited by shares, registered in England and Wales, registration number 11347182. The registered office is 18 NEWMARKET STREET, SKIPTON, BD23 2HR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the lease term
Plant & machinery
Over 5 years
Fixtures & fittings
Over 5 years
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
THE CLUBHOUSE COFFEE & CYCLES LTD
Notes to the Accounts
for the year ended 31 May 2022
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2021
2,358
3,830
1,981
8,169
At 31 May 2022
3,079
3,683
2,161
8,923
At 1 June 2021
672
1,233
1,073
2,978
Charge for the year
241
827
386
1,454
At 31 May 2022
913
2,060
1,459
4,432
At 31 May 2022
2,166
1,623
702
4,491
At 31 May 2021
1,686
2,597
908
5,191
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,000
11,959
Taxes and social security
281
-
7
Creditors: amounts falling due after more than one year
2022
2021
Loans from directors
18,899
12,848
8
Average number of employees
During the year the average number of employees was 3 (2021: 3).