The Ighten Mount Bowling Club Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 00348134

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		22,548		23,528

			22,548		23,528
CURRENT ASSETS
Stocks	5	8,702		5,000
Cash at bank and in hand		33,374		33,529

		42,076		38,529
Creditors: Amounts Falling Due Within One Year	6	(31,117 )		(30,772 )

NET CURRENT ASSETS (LIABILITIES)			10,959		7,757

TOTAL ASSETS LESS CURRENT LIABILITIES			33,507		31,285

NET ASSETS			33,507		31,285

CAPITAL AND RESERVES
Called up share capital	7		1,500		1,500
Profit and Loss Account			32,007		29,785

SHAREHOLDERS' FUNDS			33,507		31,285

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Graeme Farrington

Director

04/07/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

The Ighten Mount Bowling Club Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00348134 . The registered office is Romford Street, Burnley, BB12 8AF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2.5% Reducing Balance
Plant & Machinery	15% Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: nil 11 (2024: 10)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 March 2024	66,715	127,955	194,670

As at 28 February 2025	66,715	127,955	194,670

Depreciation
As at 1 March 2024	46,315	124,827	171,142
Provided during the period	510	470	980

As at 28 February 2025	46,825	125,297	172,122

...CONTINUED

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The Ighten Mount Bowling Club Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

Net Book Value
As at 28 February 2025	19,890	2,658	22,548

As at 1 March 2024	20,400	3,128	23,528

5. Stocks

	2025	2024
	£	£
Finished goods	8,702	5,000

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	(2 )	(1 )
VAT	5,379	3,773
Amounts owed to related parties	25,740	27,000

	31,117	30,772

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,500	1,500

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