NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Company Registration Number:
13942117 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 March 2023

End date: 31 December 2023

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 December 2023




Director: Irina Peacock
Carol Ann Cole
Registered office: Glebelands Stadium
Bank Street
Newport
GBR
NP19 7HF
Company Registration Number: 13942117 (England and Wales)

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

The company's principal activity during the period was the operation of sport facilities

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 31 December 2023
Irina Peacock
Carol Ann Cole

This report was approved by the board of directors on 22 July 2024
And Signed On Behalf Of The Board By:

Name: Irina Peacock
Status: Director

Name: Carol Ann Cole
Status: Director

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 December 2023


Notes
10 months to
31 Dec 2023
£

2023
£
Turnover 117,073 32,307
Cost of sales ( 15,213 ) ( 1,801 )
Gross surplus or (deficit) 101,860 30,506
Administrative Expenses ( 106,794 ) ( 24,826 )
Operating surplus or (deficit) ( 4,934 ) 5,680
Surplus or (deficit) before tax ( 4,934 ) 5,680
Surplus or (deficit) for the period ( 4,934 ) 5,680

The notes form part of these financial statements

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Balance sheet

As at 31 December 2023


Notes
10 months to
31 Dec 2023
£

2023
£
Fixed assets
Tangible assets: 4 12,634 18,015
Total fixed assets: 12,634 18,015
Current assets
Stocks: 2,621
Cash at bank and in hand: 23,408 23,039
Total current assets: 23,408 25,660
Creditors: amounts falling due within one year: 5 ( 35,296 ) ( 37,995 )
Net current assets (liabilities): ( 11,888 ) ( 12,335 )
Total assets less current liabilities: 746 5,680
Total net assets (liabilities): 746 5,680

The notes form part of these financial statements

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Balance sheet continued

As at 31 December 2023


Notes
10 months to
31 Dec 2023
£

2023
£
Reserves
Revaluation reserve: 6 746 5,680
Members funds 746 5,680

For the year ending 31 December 2023 the company was entitled to exemption 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 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.

This report was approved by the board of directors on 22 July 2024
And Signed On Behalf Of The Board By:

Name: Irina Peacock
Status: Director

Name: Carol Ann Cole
Status: Director

The notes form part of these financial statements

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    10 months to
    31 Dec 2023

    2023
    Average number of employees during the period 2 1

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Fixtures & fittings Office equipment Total
Cost £ £ £ £
At 01 March 2023 7,681 10,334 - 18,015
Additions 1,084 3,378 - 4,462
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 December 2023 8,765 13,712 - 22,477
Depreciation
At 01 March 2023 - - - -
Charge for year 2,872 6,971 - 9,843
On disposals - - - -
Other adjustments - - - -
At 31 December 2023 2,872 6,971 - 9,843
Net book value
At 31 December 2023 5,893 6,741 - 12,634
At 28 February 2023 7,681 10,334 - 18,015

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

5.Creditors: amounts falling due within one year note

10 months to
31 Dec 2023
£

2023
£
Taxation and social security 1,266
Other creditors 34,030 37,995
Total 35,296 37,995

NEWPORT INDOOR BOWLS AND LEISURE LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Revaluation reserve

10 months to
31 Dec 2023
£
Balance at 01 March 2023 5,680
Surplus or deficit after revaluation ( 4,934 )
Balance at 31 December 2023 746