Herga IBSC Limited Accounts






Herga IBSC Limited

	Company No. 01789270
		Information for Filing with The Registrar
		31 May 2025

The Directors present their report and the accounts for the year ended 31 May 2025.

Principal activities
The principal activity of the company during the year under review was the management of an indoor bowling club and ancillary activities primarily for Harrow residents. This year Herga IBSC celebrates its 41st year. From its inception by Frank Barrett and his colleagues the club has built a reputation in the community and has serviced the needs of residents within the borough of Harrow. It provides activity to mainly the retired community where they can interact with other people whilst exercising. Much social activity takes place providing a warm and welcome atmosphere for all Members and their friends who may wish to join. The restaurant will be open as usual this year.

Looking forward: -
Over the last twelve months we have seen costs rise still further from cleaning to utilities, these as we are all aware are due to rise still further. Your Directors have sort to cut costs where possible. There will be no rink space on a Sunday morning until after Christmas. If the competition secretary requires space on a Sunday, then latitude will be given for use. With the rise in costs in all areas it is no prudent to raise subscriptions by ten pounds this year. This was not an easy decision to come to for the Directors. The increase will not cover the extra running costs. Other revenue streams need to be found and acted on as soon as possible. We call on members to come forward with actions and ideas to help in this area. As you may now be aware funding has come from Sport England to assist in the amalgamation consultation of Bowls England and English Indoor Bowling Association (E.I.B.A.) - Website eiba.co.uk I would encourage you to log onto the website and fill in the survey regarding this. Hope you are all looking forward to the new season.

Directors

The Directors who served at any time during the year were as follows:

R.B. Elbourn - Co. Sec
B.L. Hearn - Chairman
E.J. Prior - President
G.V. Welch






































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

B.L. Hearn - Chairman
Director
27 August 2025

at	31 May 2025
Company No.		01789270	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	12,588	12,110


				12,588	12,110
Current assets
	Stocks		5	1,694	647
	Debtors		6	3,160	3,219

	Cash at bank and in hand			88,529	106,414
				93,383	110,280
Creditors: Amount falling due within one year			7	(3,629)	(3,348)
Net current assets				89,754	106,932
Total assets less current liabilities				102,342	119,042




Net assets				102,342	119,042

Reserves


	Income and expenditure account		8	102,342	119,042

Total equity				102,342	119,042



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 May 2025 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's income and expenditure account.

Approved by the board on 27 August 2025 and signed on its behalf by:

B.L. Hearn - Chairman
Director
27 August 2025

for the year ended 31 May 2025

General information

Herga IBSC Limited is a private company limited by guarantee and incorporated in England and Wales.

Its registered number is: 01789270

Its registered office is:

184 Christchurch Avenue

Harrow

Middlesex

HA3 8NW

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Leasehold land and buildings

% Straight line over the life of the lease

Plant and machinery

10% Straight line

Furniture, fittings and equipment

15% Reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in the income and expenditure account, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	0	0

4	Tangible fixed assets
			Land and buildings	Plant and machinery	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 June 2024	337,475	35,590	176,029	549,094
		Additions	-	-	2,700	2,700



		At 31 May 2025	337,475	35,590	178,729	551,794
		Depreciation
		At 1 June 2024	337,475	35,590	163,919	536,984
		Charge for the year	-	-	2,222	2,222



		At 31 May 2025	337,475	35,590	166,141	539,206
		Net book values
		At 31 May 2025	-	-	12,588	12,588
		At 31 May 2024	-	-	12,110	12,110

5	Stocks
			2025	2024
			£	£
		Raw materials and consumables	1,694	647


			1,694	647

6	Debtors
			2025	2024
			£	£




		VAT recoverable	430	588


		Prepayments and accrued income	2,730	2,631
			3,160	3,219

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£





		Corporation tax	339	389



		Accruals and deferred income	3,290	2,959
			3,629	3,348

Reserves

Income and expenditure account - includes all current and prior period retained surpluses and deficits.