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REGISTERED NUMBER: 00190250 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

The Cottingham Memorial Club Trust,
Limited

The Cottingham Memorial Club Trust,
Limited (Registered number: 00190250)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


The Cottingham Memorial Club Trust,
Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr S Simpson
Mr P A Cross
Mr T Miller



SECRETARY: Mr M Fearnhead



REGISTERED OFFICE: Elm Tree House
Finkle Street
Cottingham
East Yorkshire
HU16 4AU



REGISTERED NUMBER: 00190250 (England and Wales)



ACCOUNTANTS: Harris Lacey and Swain
Chartered Accountants
Suite 1, The Riverside Building
Livingstone Road
Hessle,
Hull
HU13 0DZ



BANKERS: Natwest
The Square
Willerby
East Yorkshrie
HU10 7UA

The Cottingham Memorial Club Trust,
Limited (Registered number: 00190250)

Abridged Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,260 25,213

CURRENT ASSETS
Stocks 5,969 4,504
Debtors 3,092 2,193
Cash at bank and in hand 15,526 9,635
24,587 16,332
CREDITORS
Amounts falling due within one year 46,909 27,246
NET CURRENT LIABILITIES (22,322 ) (10,914 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

938

14,299

CREDITORS
Amounts falling due after more than one
year

10,060

15,060
NET LIABILITIES (9,122 ) (761 )

RESERVES
Other reserves 20,255 20,255
Income and expenditure account (29,377 ) (21,016 )
(9,122 ) (761 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Cottingham Memorial Club Trust,
Limited (Registered number: 00190250)

Abridged Balance Sheet - continued
30 September 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 April 2025 and were signed on its behalf by:





Mr S Simpson - Director


The Cottingham Memorial Club Trust,
Limited (Registered number: 00190250)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

The Cottingham Memorial Club Trust, Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. This includes the choice of depreciation method applied to fixed assets and provisions made against stock. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Revenue comprises the fair value of the consideration received or receivable for the sale of goods and services in the ordinary course of the company's activities. Revenue is shown net of value added tax, returns, rebates and discounts.
The club recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the group's activities as described below.
The club provides membership to people,and as a result of this the patrons are entitled to drink and eat at the club house. Gaming machines and social nights are also provided by the club in order to generate revenue during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Snooker room improvements - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% 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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest int he assets of the company after deducting all of its liabilities.

Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade and other creditors are recognised a initial transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less an impairment loss in the case of trade debtors.


The Cottingham Memorial Club Trust,
Limited (Registered number: 00190250)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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 15 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023 83,717
Additions 1,675
At 30 September 2024 85,392
DEPRECIATION
At 1 October 2023 58,504
Charge for year 3,628
At 30 September 2024 62,132
NET BOOK VALUE
At 30 September 2024 23,260
At 30 September 2023 25,213

The Club building is not included in these Financial Statements . The building has an insurance value of £3,000,000.

5. RELATED PARTY DISCLOSURES

Directors' Honoraria were paid during the year. The gross value of this was £1,900.

Included in Creditors due within 1 year are loans from members. These have been repaid after the year end.