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Company Registration No. 08795925 (England and Wales)
Foulridge Social Club Ltd Unaudited accounts for the year ended 31 December 2023
Foulridge Social Club Ltd Unaudited accounts Contents
Page
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Foulridge Social Club Ltd Company Information for the year ended 31 December 2023
Directors
Mr A R Birkett Mr R H Watson
Company Number
08795925 (England and Wales)
Registered Office
Towngate Foulridge Colne Lancashire BB8 7PL
Accountants
Red Rose Accountancy Services Ltd Arran Yew Tree Road Grange-over-Sands Cumbria LA11 7AA
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Foulridge Social Club Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
39,404 
42,190 
Current assets
Inventories
7,642 
6,135 
Debtors
1,540 
1,600 
Cash at bank and in hand
29,805 
34,426 
38,987 
42,161 
Creditors: amounts falling due within one year
(22,638)
(19,053)
Net current assets
16,349 
23,108 
Total assets less current liabilities
55,753 
65,298 
Creditors: amounts falling due after more than one year
(8,342)
(13,342)
Net assets
47,411 
51,956 
Reserves
Profit and loss account
47,411 
51,956 
Members' funds
47,411 
51,956 
For the year ending 31 December 2023 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 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 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 of Directors and authorised for issue on 26 March 2024 and were signed on its behalf by
Mr A R Birkett Director Company Registration No. 08795925
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Foulridge Social Club Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Foulridge Social Club Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 08795925. The registered office is Towngate, Foulridge, Colne, Lancashire, BB8 7PL.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
2% on the straight line basis
Plant & machinery
4% and10% on straight line and 25% on reducing balance basis.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
335 
59,311 
59,646 
At 31 December 2023
335 
59,311 
59,646 
Depreciation
At 1 January 2023
63 
17,393 
17,456 
Charge for the year
7 
2,779 
2,786 
At 31 December 2023
70 
20,172 
20,242 
Net book value
At 31 December 2023
265 
39,139 
39,404 
At 31 December 2022
272 
41,918 
42,190 
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Foulridge Social Club Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,540 
1,600 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,000 
5,000 
Trade creditors
12,173 
8,326 
Taxes and social security
3,917 
4,197 
Other creditors
728 
730 
Accruals
820 
800 
22,638 
19,053 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
8,342 
13,342 
8
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.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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