REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2024 |
FOR |
WIGAN BOWLING GREEN,LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2024 |
FOR |
WIGAN BOWLING GREEN,LIMITED |
WIGAN BOWLING GREEN,LIMITED (REGISTERED NUMBER: 00081330) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 December 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
WIGAN BOWLING GREEN,LIMITED |
COMPANY INFORMATION |
for the Year Ended 31 December 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Douglas Bank House |
Wigan Lane |
Wigan |
Lancashire |
WN1 2TB |
WIGAN BOWLING GREEN,LIMITED (REGISTERED NUMBER: 00081330) |
STATEMENT OF FINANCIAL POSITION |
31 December 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 profit or loss 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 were approved by the Board of Directors and authorised for issue on |
WIGAN BOWLING GREEN,LIMITED (REGISTERED NUMBER: 00081330) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 December 2024 |
1. | STATUTORY INFORMATION |
Wigan Bowling Green,Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statement shave been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
The principal accounting policies adopted in the preparation of the financial statements are set out below. |
Turnover. |
Turnover represents bar sales, excluding value added tax, and is measured at the fair value of the consideration received. Turnover is recognised when the customer receives good purchased from the bar. |
Tangible fixed assets |
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following rates in order to write off the costs less estimated residual value of each asset over its estimated useful life. |
Land | Not provided |
Leasehold pavilion and green | Not provided |
Fixtures and fittings | 12.5% reducing balance |
It is the policy of the company to maintain the pavilion and green in a sound state of repair and make improvements from time to time. The directors therefore consider the life of the property to be so long and its residual value so high, that its depreciation is not significant. Accordingly, no depreciation is provided on leasehold pavilion and green. |
Stocks |
Stocks are valued at the lower of cost and selling price, after making due allowance for obsolete and slow moving items. |
Financial instruments |
Debt instruments that are payable or receivable within one year, typically trade creditors and trade debtors, are measured initially and subsequently at the undiscounted amount of the cash that is expected to be paid or received. |
Taxation |
Taxation for the year comprises current 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 taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the statement of financial position date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
WIGAN BOWLING GREEN,LIMITED (REGISTERED NUMBER: 00081330) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 December 2024 |
4. | TANGIBLE FIXED ASSETS |
Leasehold | Fixtures |
pavilion | and |
Land | and green | fittings | Totals |
£ | £ | £ | £ |
COST |
At 1 January 2024 |
and 31 December 2024 |
DEPRECIATION |
At 1 January 2024 |
Charge for year |
At 31 December 2024 |
NET BOOK VALUE |
At 31 December 2024 |
At 31 December 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors & prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Corporation tax |
Social security and other taxes |
Other creditors & accruals |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | £5 | 530 | 435 |