REGISTERED NUMBER: 06464690 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HAWCOAT PARK LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Allen

Mr A Artis

Mr M T Clarke

Mr R A Shaw

Mr J T Allen

Mr J G Horne

Mrs C L Sayle

REGISTERED OFFICE:

Hawcoat Park

Hawcoat Lane

Barrow In Furness

Cumbria

LA14 4HF

REGISTERED NUMBER:

06464690 (England and Wales)

ACCOUNTANTS:

J F Hornby & Co

Chartered Accountants

The Tower

Daltongate Business Centre

Daltongate

Ulverston

Cumbria

LA12 7AJ

BANKERS:

National Westminster Bank plc

113 Dalton Road

Barrow-in-Furness

Cumbria

LA14 1WY

FIXED ASSETS

Tangible assets

4

86,613

92,299

Investments

5

1

1

86,614

92,300

CURRENT ASSETS

Debtors

-

7,710

Cash at bank and in hand

4,183

853

4,183

8,563

CREDITORS

Amounts falling due within one year

50,960

44,486

NET CURRENT LIABILITIES

(46,777

)

(35,923

)

TOTAL ASSETS LESS CURRENT LIABILITIES

39,837

56,377

CREDITORS

Amounts falling due after more than one year

65,585

72,334

NET LIABILITIES

(25,748

)

(15,957

)

RESERVES

Income and expenditure account

(25,748

)

(15,957

)

MEMBERS' FUNDS

(25,748

)

(15,957

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

Mr K Allen - Director

1.	STATUTORY INFORMATION

Hawcoat Park Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The accounts have been prepared on a going concern basis. The company continues to seek new income streams, as well as review expenditure to ensure that the company can meets its liabilities as they fall due. The directors are confident that cash flows will improve in the near future.

Preparation of consolidated financial statements

The financial statements contain information about Hawcoat Park Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax. Members subscriptions and event and unity lottery income are recognised as income on receipt. Hall and pitch hire fees are recognised as income at the point of booking. Donations received are recognised in the financial statements on the date of receipt.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

5% on cost

Plant and machinery

-

33% on cost and 20% on cost

Fixtures and fittings

-

33% on cost, 20% on cost and 10% on cost

Motor vehicles

-

20% on cost and 10% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Grants

Grants received in connection with the purchase of tangible fixed assets are credited to reserve and released to profit and loss account in accordance with the underlying depreciation policy.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

148,762

Additions

720

At 31 December 2024

149,482

DEPRECIATION

At 1 January 2024

56,463

Charge for year

6,406

At 31 December 2024

62,869

NET BOOK VALUE

At 31 December 2024

86,613

At 31 December 2023

92,299

Leasehold property - Approximately 8 years ago, Cumbria County Council transferred 3 playing fields to the company on a 75 year lease for nil proceeds.

5.	FIXED ASSET INVESTMENTS

The company owns the shares in the wholly owned subsidiary, Hawcoat Park Supporters Limited.

6.	MEMBERS' LIABILITY

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

7.	ORGANISATIONAL STRUCTURE

The company is a community amateur sports club, registration number: CASC01633