REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
OAKLEIGH LODGE SOCIAL CLUB LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
OAKLEIGH LODGE SOCIAL CLUB LIMITED |
OAKLEIGH LODGE SOCIAL CLUB LIMITED (REGISTERED NUMBER: 00888348) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
Page |
Statement of Financial Position | 1 |
Notes to the Financial Statements | 2 |
OAKLEIGH LODGE SOCIAL CLUB LIMITED (REGISTERED NUMBER: 00888348) |
STATEMENT OF FINANCIAL POSITION |
31 DECEMBER 2023 |
31/12/23 | 31/12/22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks | 5 |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account | 8 |
MEMBERS' FUNDS |
The director acknowledges her 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 surplus or deficit 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
OAKLEIGH LODGE SOCIAL CLUB LIMITED (REGISTERED NUMBER: 00888348) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
1. | STATUTORY INFORMATION |
Oakleigh Lodge Social Club Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
The company's turnover represents the value, excluding value added tax, of bar takings and other sundry income supplied to United Kingdom customers during the year and is attributable to the principal activity. |
Tangible fixed assets |
Freehold property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
No depreciation is provided on freehold property. It is the company's practice to maintain the property in a continual state of sound repair and make improvements thereto from time to time and accordingly the directors consider that the useful economic life of the property is so long and residual value, based on prices prevailing at the time of acquisition or subsequent valuation, is so high that depreciation is insignificant. The directors consider this treatment necessary in order to show a true and fair view. Any diminution in value of the property is charged to the profit and loss account as appropriate. |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
OAKLEIGH LODGE SOCIAL CLUB LIMITED (REGISTERED NUMBER: 00888348) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Freehold | Plant and | and | Computer |
property | machinery | fittings | equipment | Totals |
£ | £ | £ | £ | £ |
COST OR VALUATION |
At 1 January 2023 |
Additions |
At 31 December 2023 |
DEPRECIATION |
At 1 January 2023 |
Charge for year |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
At 31 December 2022 |
Cost or valuation at 31 December 2023 is represented by: |
Fixtures |
Freehold | Plant and | and | Computer |
property | machinery | fittings | equipment | Totals |
£ | £ | £ | £ | £ |
Valuation in 2010 | (73,491 | ) | - | - | - | (73,491 | ) |
Cost | 823,491 | 40,463 | 97,161 | 1,879 | 962,994 |
750,000 | 40,463 | 97,161 | 1,879 | 889,503 |
Freehold property was valued on an open market basis on 2 November 2010 by Robert Ellis & Co. Ltd. |
5. | STOCKS |
31/12/23 | 31/12/22 |
£ | £ |
Stocks |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/23 | 31/12/22 |
£ | £ |
Other debtors |
Prepayments |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/23 | 31/12/22 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Social security and other taxes |
VAT | 35,015 | 15,182 |
Other creditors |
Accrued expenses |
OAKLEIGH LODGE SOCIAL CLUB LIMITED (REGISTERED NUMBER: 00888348) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
8. | RESERVES |
Income |
and |
expenditure |
account |
£ |
At 1 January 2023 |
Deficit for the year | ( |
) |
At 31 December 2023 |