2023-05-262024-05-312024-05-31falseSC770774THE LONG RUN CLUB 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THE LONG RUN CLUB LTD

Registered Number
SC770774
(Scotland)

Unaudited Financial Statements for the Period ended
31 May 2024

THE LONG RUN CLUB LTD
Company Information
for the period from 26 May 2023 to 31 May 2024

Directors

PAWLEY, Lesley
WHITBY, Guy Robert

Registered Address

4 Lanark Road
Carluke
ML8 4HD

Registered Number

SC770774 (Scotland)
THE LONG RUN CLUB LTD
Statement of Financial Position
31 May 2024

Notes

2024

£

£

Fixed assets
Tangible assets1,040
1,040
Current assets
Debtors12,364
Cash at bank and on hand17,885
30,249
Creditors amounts falling due within one year(10,283)
Net current assets (liabilities)19,966
Total assets less current liabilities21,006
Net assets21,006
Capital and reserves
Profit and loss account21,006
Shareholders' funds21,006
The financial statements were approved and authorised for issue by the Board of Directors on 22 November 2024, and are signed on its behalf by:
WHITBY, Guy Robert
Director
Registered Company No. SC770774
THE LONG RUN CLUB LTD
Notes to the Financial Statements
for the period ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2.Average number of employees

2024
Average number of employees during the year0