HEATON VILLAGE CLUB LIMITED

Company limited by guarantee

Company Registration Number:
15078767 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 17 August 2023

End date: 31 December 2024

HEATON VILLAGE CLUB LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

HEATON VILLAGE CLUB LIMITED

Directors' report period ended 31 December 2024

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

Principal activities of the company

The main purposes of the club are to provide facilities for, and to promote participation in, amateur sports in Bolton. The premises are used for crown green bowling, snooker, table tennis, bridge, canasta, crafting, quizzes, social gatherings.

Additional information

Heaton Village Club Limited is a company limited by guarantee and is governed by its Memorandum and Articles of Association. The company is a registered community amateur sports club in England and Wales and is therefore non-profit making. Its directors are volunteers. The company has been incorporated without share capital as it is limited by guarantee, to a maximum of £1 by each of its members. The directors are appointed by the members of the organisation at the Annual General Meeting. Directors have the power under the governing documents to co-opt individuals who support the objects of the organisation to fill vacancies on the Board of Directors, and to fulfil other specific roles. The club was founded in 1897 and operated as an unincorporated entity until 31 December 2023. Heaton Village Club Limited was incorporated on 17 August 2023. It was dormant until 1 January 2024 when it took over the running of the club. The club premises had been held in trust for the use of the club. On 1 January 2024 the premises were transferred from the trust to the company and the trust dissolved. The deficit for the period was £4,545. Part of the reason for this was the legal fees incurred for the incorporation of the company, the transfer of the building and land from the trust to the company and the winding up of the trust, amounting to £3,656. These are a non recurring cost. An exceptional cost of £2,000 was also incurred for the removal of three trees in the grounds of the club. This is not expected to be repeated in the short term. The Board has reviewed the financial position and considers the club has sufficient reserves to continue as a going concern. All directors are volunteers and received no remuneration for their services during the period. None of the directors who served during the period had any beneficial interest in the company.



Directors

The directors shown below have held office during the period of
2 January 2024 to 31 December 2024

Janice Drake
Paul Dyson
Anthony Goulding
Ray McCarthy
Phil McFarlane


The director shown below has held office during the period of
2 January 2024 to 20 March 2024

Michael Cull


The director shown below has held office during the period of
13 September 2023 to 31 December 2024

Paul Jones


The director shown below has held office during the period of
13 September 2023 to 15 November 2024

Mike Shinks


The directors shown below have held office during the whole of the period from
17 August 2023 to 31 December 2024

Andrew Minors
Mark Pillar


Secretary Mark Pillar

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 March 2025

And signed on behalf of the board by:
Name: Mark Pillar
Status: Secretary

HEATON VILLAGE CLUB LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

16 months to 31 December 2024


£
Turnover: 16,959
Cost of sales: 0
Gross profit(or loss): 16,959
Distribution costs: 0
Administrative expenses: ( 22,309 )
Other operating income: 0
Operating profit(or loss): (5,350)
Interest receivable and similar income: 805
Interest payable and similar charges: 0
Profit(or loss) before tax: (4,545)
Tax: 0
Profit(or loss) for the financial year: (4,545)

HEATON VILLAGE CLUB LIMITED

Balance sheet

As at 31 December 2024

Notes 16 months to 31 December 2024


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 305,720
Investments:   0
Total fixed assets: 305,720
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 34,713
Investments:   0
Total current assets: 34,713
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 4 ( 215 )
Net current assets (liabilities): 34,498
Total assets less current liabilities: 340,218
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 340,218
Members' funds
Profit and loss account: 340,218
Total members' funds: 340,218

The notes form part of these financial statements

HEATON VILLAGE CLUB LIMITED

Balance sheet statements

For the year ending 31 December 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 March 2025
and signed on behalf of the board by:

Name: Andrew Minors
Status: Director

The notes form part of these financial statements

HEATON VILLAGE CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

    Tangible fixed assets depreciation policy

    Depreciation is provided by the straight line method on tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset over their expected useful lives. The rate for equipment is 20%.

    Other accounting policies

    The directors have reviewed the circumstances of Heaton Village Club Limited and consider that adequate resources continue to be available to fund the activities of the club for the foreseeable future. The directors are of the view that the company is a going concern. The preparation of these financial statements require certain judgements, estimates and assumptions that affect the reported amounts of assets, liabilities, income and expenses. 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.

HEATON VILLAGE CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    16 months to 31 December 2024
    Average number of employees during the period 0

HEATON VILLAGE CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 305,000 900 305,900
Disposals
Revaluations
Transfers
At 31 December 2024 305,000 900 305,900
Depreciation
Charge for year 180 180
On disposals
Other adjustments
At 31 December 2024 180 180
Net book value
At 31 December 2024 305,000 720 305,720

HEATON VILLAGE CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

16 months to 31 December 2024
£
Trade creditors 215
Total 215