Registration number: 00276779

St.Mary's Men's Social Club Limited

Contents

Company Information	1
Statement of Income and Retained Earnings	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 8

St.Mary's Men's Social Club Limited

Company Information

Directors

W Spratley RJ Broocks T R Beeching

Registered office

53-55 Mount Road Hastings East Sussex TN35 5LA

Accountants

Manningtons 8 High Street Heathfield East Sussex TN21 8LS

St.Mary's Men's Social Club Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 31 March 2025

	Note	2025 £	2024 £
Turnover		7,583	8,308
Administrative expenses		(8,837)	(22,012)
Operating loss		(1,254)	(13,704)
Loss before tax		(1,254)	(13,704)
Loss for the financial year		(1,254)	(13,704)
Retained earnings brought forward		58,254	71,959
Retained earnings carried forward		57,000	58,255

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

St.Mary's Men's Social Club Limited

(Registration number: 00276779)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	26,477	27,519
Current assets
Debtors	5	(350)	-
Cash at bank and in hand		142,587	142,451
		142,237	142,451
Creditors: Amounts falling due within one year	6	(6,042)	(6,043)
Net current assets		136,195	136,408
Total assets less current liabilities		162,672	163,927
Creditors: Amounts falling due after more than one year	6	(105,422)	(105,422)
Net assets		57,250	58,505
Capital and reserves
Called up share capital		250	250
Retained earnings		57,000	58,255
Shareholders' funds		57,250	58,505

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

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

......................................... RJ Broocks Director

St.Mary's Men's Social Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
53-55 Mount Road
Hastings
East Sussex
TN35 5LA
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantivley enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amount of assets and liabilities in the financial statements and the corresponding tax bases used in the computations of taxable profit. The carrying amount of deferred tax assets and liabilities 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 or that it is likely to materialise.

St.Mary's Men's Social Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	2% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Borrowings

Interest-bearing borrowings are recorded at fair value, net of transaction costs.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

St.Mary's Men's Social Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 April 2024	52,107	52,107
At 31 March 2025	52,107	52,107
Depreciation
At 1 April 2024	24,588	24,588
Charge for the year	1,042	1,042
At 31 March 2025	25,630	25,630
Carrying amount
At 31 March 2025	26,477	26,477
At 31 March 2024	27,519	27,519

Included within the net book value of land and buildings above is £26,477 (2024 - £27,519) in respect of freehold land and buildings.
 

5

Debtors

	2025 £	2024 £
Prepayments	(350)	-
	(350)	-

St.Mary's Men's Social Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Bank loans and overdrafts		5,034	5,035
Accruals and deferred income		1,008	1,008
		6,042	6,043

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		105,422	105,422

St.Mary's Men's Social Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7	Related party transactions

Summary of transactions with other related parties

St Mary's Men's Social Club

St Mary's Men's Social Club controls the Limited Company by means of a trust bond that is held by two trustees, R Broocks and T Beeching.
 
The club paid rent to the Limited Company of £1,200 per year (2024: £1,200). At 31st March 2024 the club owed £NIL to the Limited Company.


 
There is a long term loan from the Club to the Limited Company that has no repayment dates and no interest is payable on the loan. At the balance sheet date the amount due to St Mary's Men's Social Club was £105,422.01 (2024: £105,422.01).