THE LENZIE BOWLING CLUB LIMITED

Company limited by guarantee

Company Registration Number:
SC350952 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

THE LENZIE BOWLING CLUB LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THE LENZIE BOWLING CLUB LIMITED

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

Bowling Club

Additional information

Membership Categories and Numbers in each



Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 31 October 2024

Eric Archibald
Ronnie Houston
Margaret Burns
George Menzies
Alan Cairney
Elspeth Mine
Scott Cunningham
Lorna O'Brien
George Deacon
David Wood


The directors shown below have held office during the period of
1 November 2023 to 23 February 2024

Marie Deacon
Bruce Kirkman
Alan Laurie
James Munro
Andrew Wood


The directors shown below have held office during the period of
23 February 2024 to 31 October 2024

Andrew Cunningham
David Mitchell


Secretary Alan Laurie

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
28 February 2025

And signed on behalf of the board by:
Name: Alan Laurie
Status: Secretary

THE LENZIE BOWLING CLUB LIMITED

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 62,221 64,308
Cost of sales: ( 56,134 ) ( 60,308 )
Gross profit(or loss): 6,087 4,000
Administrative expenses: ( 6,641 ) ( 15,964 )
Operating profit(or loss): (554) (11,964)
Interest receivable and similar income: 978 493
Profit(or loss) before tax: 424 (11,471)
Tax: ( 186 ) ( 94 )
Profit(or loss) for the financial year: 238 (11,565)

THE LENZIE BOWLING CLUB LIMITED

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 228,865 231,879
Total fixed assets: 228,865 231,879
Current assets
Stocks: 4 2,300 2,134
Debtors: 5 2,029 2,245
Cash at bank and in hand: 36,779 34,519
Total current assets: 41,108 38,898
Creditors: amounts falling due within one year: 6 ( 4,377 ) ( 5,420 )
Net current assets (liabilities): 36,731 33,478
Total assets less current liabilities: 265,596 265,357
Total net assets (liabilities): 265,596 265,357
Members' funds
Profit and loss account: 265,596 265,357
Total members' funds: 265,596 265,357

The notes form part of these financial statements

THE LENZIE BOWLING CLUB LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 February 2025
and signed on behalf of the board by:

Name: David Mitchell
Status: Director

The notes form part of these financial statements

THE LENZIE BOWLING CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents Net Sales, excluding vat where applicable. The Company deregistered for VAT from 6th April 2024, after this date no VAT was applicable on turnover

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following rates in order to write of each asset over its estimated useful life. Freehold Propert - 2% on Coat Fixtures and Fittings - 10% on Cost Land is not depreciated An amount equal to the depreciation charge on revalued assets over the notional historical cost depreciation charge on these assets is transferred annually from Other reserves to Profit and Loss reserves The Club considers that anything purchased with a cost of less athn £25090 in not an asset.

    Other accounting policies

    Basis of preparing the financial statements The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets. Significant judgements and estimates Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on management's best knowledge of the moment, events or actions, actual results ultimately may differ from those estimates. Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cash and bank a short period of time. Cash is represented by cash held. Bank balances are held with UK banks and are accessible immediately or within Creditors Short term creditors are measured at transaction price.

THE LENZIE BOWLING CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE LENZIE BOWLING CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 260,000 6,140 266,140
Additions
Disposals
Revaluations
Transfers
At 31 October 2024 260,000 6,140 266,140
Depreciation
At 1 November 2023 33,800 461 34,261
Charge for year 2,400 614 3,014
On disposals
Other adjustments
At 31 October 2024 36,200 1,075 37,275
Net book value
At 31 October 2024 223,800 5,065 228,865
At 31 October 2023 226,200 5,679 231,879

THE LENZIE BOWLING CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Stocks

2024 2023
£ £
Stocks 2,300 2,134
Total 2,300 2,134

THE LENZIE BOWLING CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors

2024 2023
£ £
Prepayments and accrued income 2,029 2,245
Total 2,029 2,245

THE LENZIE BOWLING CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 185 1,153
Accruals and deferred income 1,960 1,535
Other creditors 2,232 2,732
Total 4,377 5,420