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REGISTERED NUMBER: 06677721 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LOSTOCK SPORTS CLUB LTD.

LOSTOCK SPORTS CLUB LTD. (REGISTERED NUMBER: 06677721)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LOSTOCK SPORTS CLUB LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: P Knowles
A M Cregan
S J Kaye
C Taylor





REGISTERED OFFICE: Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ





REGISTERED NUMBER: 06677721 (England and Wales)





ACCOUNTANTS: P B Syddall & Co
Chartered Accountants
Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ

LOSTOCK SPORTS CLUB LTD. (REGISTERED NUMBER: 06677721)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 45,217 33,593

CURRENT ASSETS
Stocks 1,380 1,250
Debtors 6 1,336 -
Cash at bank and in hand 35,581 40,846
38,297 42,096
CREDITORS
Amounts falling due within one year 7 1,811 360
NET CURRENT ASSETS 36,486 41,736
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,703

75,329

RESERVES
Income and expenditure account 81,703 75,329
81,703 75,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by:





P Knowles - Director


LOSTOCK SPORTS CLUB LTD. (REGISTERED NUMBER: 06677721)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Lostock Sports Club Ltd. is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Building and ground - 5% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 15% on cost
Sports equipment - 10% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Lostock Sports Club Ltd. does not seek to make a profit and any surplus is used for the members benefit.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

LOSTOCK SPORTS CLUB LTD. (REGISTERED NUMBER: 06677721)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS
Building Fixtures
and Plant and and Sports
ground machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 - 34,800 16,236 48,105 99,141
Additions 20,443 - 1,108 - 21,551
At 31 December 2024 20,443 34,800 17,344 48,105 120,692
DEPRECIATION
At 1 January 2024 - 23,280 14,032 28,236 65,548
Charge for year 1,022 3,480 615 4,810 9,927
At 31 December 2024 1,022 26,760 14,647 33,046 75,475
NET BOOK VALUE
At 31 December 2024 19,421 8,040 2,697 15,059 45,217
At 31 December 2023 - 11,520 2,204 19,869 33,593

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,336 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,407 -
Social security and other taxes 20 -
Accruals and deferred income 384 360
1,811 360