Penrith & District Gun Club LImited

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

Registered number: 05241025

		31 October 2025		31 October 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		17,560		11,521

			17,560		11,521
CURRENT ASSETS
Stocks	5	3,745		2,722
Debtors	6	195		-
Cash at bank and in hand		2,320		14,907

		6,260		17,629
Creditors: Amounts Falling Due Within One Year	7	(900 )		(1,023 )

NET CURRENT ASSETS (LIABILITIES)			5,360		16,606

TOTAL ASSETS LESS CURRENT LIABILITIES			22,920		28,127

NET ASSETS			22,920		28,127

Income and Expenditure Account			22,920		28,127

MEMBERS' FUNDS			22,920		28,127

For the year ending 31 October 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 Income and Expenditure Account.

On behalf of the board

Mr Michael Smaile

Director

01/12/2025

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

1. General Information

Penrith & District Gun Club LImited is a private company, limited by guarantee, incorporated in England & Wales, registered number 05241025 . The registered office is 11 Devonshire Street , Penrith, Cumbria, CA11 7SR.

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.

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:

Plant & Machinery	15% RB
Fixtures & Fittings	15% RB
Computer Equipment	33% SL

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: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 November 2024	60,576
Additions	9,174
Disposals	(184 )

As at 31 October 2025	69,566

Depreciation
As at 1 November 2024	49,055
Provided during the period	2,951

As at 31 October 2025	52,006

Net Book Value
As at 31 October 2025	17,560

As at 1 November 2024	11,521

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Penrith & District Gun Club LImited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Stocks

	31 October 2025	31 October 2024
	£	£
Stock of Clays	3,745	2,722

6. Debtors

	31 October 2025	31 October 2024
	£	£
Due within one year
Trade debtors	195	-

7. Creditors: Amounts Falling Due Within One Year

	31 October 2025	31 October 2024
	£	£
Trade creditors	-	123
Accruals and deferred income	900	900

	900	1,023

8. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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