Registration number: 08356606

Greenmount Cricket Club Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Greenmount Cricket Club Limited

Balance Sheet
31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	343,253	356,236
Current assets
Debtors	5	61,152	56,248
Cash at bank and in hand		23,060	37,385
		84,212	93,633
Creditors: Amounts falling due within one year	6	(30,011)	(44,722)
Net current assets		54,201	48,911
Total assets less current liabilities		397,454	405,147
Creditors: Amounts falling due after more than one year	6	(6,806)	(15,483)
Net assets		390,648	389,664
Reserves
Retained earnings		390,648	389,664
Surplus		390,648	389,664

Greenmount Cricket Club Limited

Balance Sheet
31 March 2025

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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 Income and Expenditure Account.

Approved and authorised by the Board on 30 August 2025 and signed on its behalf by:
 

......................................... Mr A Skinner Director

Company Registration Number: 08356606

Greenmount Cricket Club Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

1	General information

The Company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the Company in the event of liquidation.

The address of its registered office is:
Greenmount Cricket Club
Brandlesholme Road
Greenmount
Bury
Lancashire
BL8 4DX

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.

Going concern

The financial statements have been prepared on a going concern basis.

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.

Government grants

Capital grants towards the development of the cricket pitch and the purchase of the scoreboard are accounted for as deferred income and amortised to the income and expenditure account over a ten year period.

Greenmount Cricket Club Limited

Notes to the Unaudited Financial Statements
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
Plant and machinery and other assets	10% 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. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. 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 the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. 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 and subsequently measured at amortised cost using the effective interest method.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 0 (2024 - 17).

Greenmount Cricket Club Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Other tangible assets  £	Total £
Cost or valuation
At 1 April 2024	278,508	16,331	178,252	473,091
Additions	7,000	-	1,980	8,980
At 31 March 2025	285,508	16,331	180,232	482,071
Depreciation
At 1 April 2024	34,175	2,414	80,268	116,857
Eliminated on disposal	5,638	1,633	14,690	21,961
At 31 March 2025	39,813	4,047	94,958	138,818
Carrying amount
At 31 March 2025	245,695	12,284	85,274	343,253
At 31 March 2024	244,334	13,918	97,984	356,236

Included within the net book value of land and buildings above is £245,696 (2024 - £244,334) in respect of freehold land and buildings.
 

Greenmount Cricket Club Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

5

Debtors

	Note	2025 £	2024 £
Amounts owed by related parties		52,634	47,964
Prepayments		8,518	8,284
		61,152	56,248

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	2,795	9,415
Taxation and social security	10,074	2,305
Accruals and deferred income	17,142	33,002
	30,011	44,722

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Other non-current financial liabilities	6,806	15,483