CALVERTON MINERS' WELFARE SOCIAL CLUB LIMITED

Company limited by guarantee

Company Registration Number:
02699705 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

CALVERTON MINERS' WELFARE SOCIAL CLUB 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

CALVERTON MINERS' WELFARE SOCIAL CLUB LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 December 2023




Director: Dean Wilson
L Renshaw
P Mapplebeck
Secretary: V Corcoran
Registered office: Hollinwood Lane
Calverton
Nottingham
NG14 6NR
Company Registration Number: 02699705 (England and Wales)

CALVERTON MINERS' WELFARE SOCIAL CLUB 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 principal activity of the company during the financial period has been that of a Social Club.

Additional information

Statement of Directors' Responsibilities Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
Dean Wilson
L Renshaw
P Mapplebeck

Secretary
V Corcoran

This report was approved by the board of directors on 8 June 2024
And Signed On Behalf Of The Board By:

Name: Dean Wilson
Status: Director

CALVERTON MINERS' WELFARE SOCIAL CLUB LIMITED

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 126,104 118,891
Cost of sales ( 58,146 ) ( 51,563 )
Gross surplus or (deficit) 67,958 67,328
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 62,185 ) ( 60,821 )
Other operating income 1,945 6,633
Operating surplus or (deficit) 7,718 13,140
Interest Payable and Similar Charges ( 7,718 ) ( 4,431 )
Surplus or (deficit) before tax 0 8,709
Surplus or (deficit) for the period 0 8,709

The notes form part of these financial statements

CALVERTON MINERS' WELFARE SOCIAL CLUB LIMITED

Company limited by guarantee

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 8,077 8,309
Total fixed assets: 8,077 8,309
Current assets
Stocks: 5,646 4,363
Debtors: 5 5,228 14,538
Cash at bank and in hand: 2,047 1,436
Total current assets: 12,921 20,337
Prepayments and accrued income: 1,234 1,367
Creditors: amounts falling due within one year: 6 ( 22,232 ) ( 30,013 )
Net current assets (liabilities): ( 8,077 ) ( 8,309 )
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0

The notes form part of these financial statements

CALVERTON MINERS' WELFARE SOCIAL CLUB LIMITED

Company limited by guarantee

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Reserves
Revaluation reserve: 7 0 0
Income and expenditure account 0 0
Members funds 0 0

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 8 June 2024
And Signed On Behalf Of The Board By:

Name: Dean Wilson
Status: Director

The notes form part of these financial statements

CALVERTON MINERS' WELFARE SOCIAL CLUB 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

    Turnover policy

    Turnover represents net invoiced sales of goods, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

    Equipment 10% on reducing balance.

    Valuation information and policy

    Stock was valued at the lower of cost or net realisable value, after making due allowances for obsolete and slow moving items. The stock value was certified by Nottstock Ltd before the commencement of business on 1 January 2024.
    .

CALVERTON MINERS' WELFARE SOCIAL CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 6 7

CALVERTON MINERS' WELFARE SOCIAL CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

CALVERTON MINERS' WELFARE SOCIAL CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 January 2023 57,055 57,055
Additions 665 665
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 December 2023 57,720 57,720
Depreciation
At 01 January 2023 48,746 48,746
Charge for year 897 897
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 31 December 2023 49,643 49,643
Net book value
At 31 December 2023 8,077 8,077
At 31 December 2022 8,309 8,309

CALVERTON MINERS' WELFARE SOCIAL CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors


2023
£

2022
£
Trade debtors 1,324 8,021
Other debtors 3,904 6,517
Total 5,228 14,538

CALVERTON MINERS' WELFARE SOCIAL CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 7,983 8,745
Taxation and social security 828 6,128
Accruals and deferred income 971 4,481
Other creditors 12,450 10,659
Total 22,232 30,013

CALVERTON MINERS' WELFARE SOCIAL CLUB LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Revaluation reserve


2023
£
Balance at 01 January 2023 0
Surplus or deficit after revaluation 0
Balance at 31 December 2023 0