1 January 2024 v2025.61.1 micro_entity_frs_105_v1_1_2 filingSoftwarefalsetruetruetruefalseNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP017917722024-01-012024-12-31017917722024-12-31017917722023-12-3101791772core:WithinOneYear2024-12-3101791772core:WithinOneYear2023-12-3101791772bus:RegisteredOffice2024-01-012024-12-31017917722023-01-012023-12-3101791772bus:Director12024-01-012024-12-310179177212024-01-012024-12-3101791772countries:EnglandWales2024-01-012024-12-3101791772bus:AuditExemptWithAccountantsReport2024-01-012024-12-3101791772bus:CompanyLimitedByGuarantee2024-01-012024-12-3101791772bus:Micro-entities2024-01-012024-12-3101791772bus:FullAccounts2024-01-012024-12-31
Company registration number:
01791772
Lincoln Moorlands Railway Sports And Social Club Ltd
Company limited by guarantee
Unaudited Filleted Financial Statements for the year ended
31 December 2024
Lincoln Moorlands Railway Sports And Social Club Ltd
Statement of Financial Position
31 December 2024
20242023
££
Fixed assets
756,704
 
757,807
 
   
Current assets
23,777
 
27,702
 
Prepayments and accrued income
2,798
 
1,822
 
Creditors: amounts falling due within one year
(64,903
 )
(59,697
 )
Net current liabilities
(38,328
 )
(30,173
 )
Total assets less current liabilities
718,376
 
727,634
 
Accruals and deferred income
(3,284
 )
(3,886
 )
Net assets
715,092
 
723,748
 
   
Capital and reserves
715,092
 
723,748
 

Notes to the Financial Statements

1 General information

The company is a private company limited by guarantee and is registered in England and Wales. The address of the registered office is
Newark Road
,
Newark Road
,
Lincoln
,
Lincolnshire
,
LN6 8RT
, United Kingdom.

2 Average number of employees

The average number of persons employed by the company during the year was
6
(2023:
6.00
).

3 The company is limited by guarantee and does not have a share capital. Each member has undertaken to contribute £1 to the assets of the company in the event of it being wound up.

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

5 The company is a members’ club operating on a mutual trading basis. Surpluses or deficits arising from transactions with members are not liable to Corporation Tax. Any income arising from non-member transactions would be subject to Corporation Tax.

6 The deficit for the year has been deducted from the accumulated fund. The directors are confident that the company will continue to meet its liabilities as they fall due, supported by ongoing member subscriptions and trading activity.

For the year ending
31 December 2024
, 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 financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
3 March 2025
, and are signed on behalf of the board by:
Julie Ogden
Director
Company registration number:
01791772