1 June 2024 v2025.79.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP031393142024-06-012025-05-31031393142025-05-31031393142024-05-3103139314core:WithinOneYear2025-05-3103139314core:WithinOneYear2024-05-3103139314core:RetainedEarningsAccumulatedLosses2025-05-3103139314core:RetainedEarningsAccumulatedLosses2024-05-3103139314bus:Director12024-06-012025-05-3103139314bus:RegisteredOffice2024-06-012025-05-3103139314core:LandBuildings2024-06-012025-05-3103139314core:PlantMachinery2024-06-012025-05-3103139314core:FurnitureFittingsToolsEquipment2024-06-012025-05-31031393142023-06-012024-05-3103139314core:LandBuildings2024-06-0103139314core:PlantMachinery2024-06-01031393142024-06-0103139314core:LandBuildings2025-05-3103139314core:PlantMachinery2025-05-3103139314core:LandBuildings2024-05-3103139314core:PlantMachinery2024-05-310313931412024-06-012025-05-3103139314countries:EnglandWales2024-06-012025-05-3103139314bus:AuditExempt-NoAccountantsReport2024-06-012025-05-3103139314bus:PrivateLimitedCompanyLtd2024-06-012025-05-3103139314bus:SmallEntities2024-06-012025-05-3103139314bus:FullAccounts2024-06-012025-05-31
Company registration number:
03139314
Runwell Hospital Staff Social Club Limited
Unaudited Filleted Financial Statements for the year ended
31 May 2025
Runwell Hospital Staff Social Club Limited
Statement of Financial Position
31 May 2025
20252024
Note££
Fixed assets    
Tangible assets 5
7,670
 
9,789
 
Current assets    
Stocks
5,143
 
4,785
 
Debtors 6
63,005
 
9,079
 
Cash at bank and in hand
37,689
 
110,012
 
105,837
 
123,876
 
Creditors: amounts falling due within one year 7
(140,858
 )
(135,004
 )
Net current liabilities
(35,021
 )
(11,128
 )
Total assets less current liabilities (27,351 ) (1,339 )
Capital and reserves    
Profit and loss account
(27,351
 )
(1,339
 )
Shareholders deficit
(27,351
 )
(1,339
 )
For the year ending
31 May 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
3 December 2025
, and are signed on behalf of the board by:
K Peckover
Director
Company registration number:
03139314
Runwell Hospital Staff Social Club Limited
Notes to the Financial Statements
Year ended
31 May 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
The Clubhouse St Luke's Way
,
St Luke's Park
,
Runwell, Wickford
,
Essex
,
SS11 7QA
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
25% straight line
Plant and machinery
25% reducing balance
Fixtures, fittings and equipment
25% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the year was
19
(2024:
19
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 June 2024
12,988
 
131,622
 
144,610
 
Additions -  
439
 
439
 
At
31 May 2025
12,988
 
132,061
 
145,049
 
Depreciation      
At
1 June 2024
12,987
 
121,834
 
134,821
 
Charge -  
2,558
 
2,558
 
At
31 May 2025
12,987
 
124,392
 
137,379
 
Carrying amount      
At
31 May 2025
1
 
7,669
 
7,670
 
At 31 May 2024
1
 
9,788
 
9,789
 

6 Debtors

20252024
££
Trade debtors
2,432
 
1,698
 
Other debtors
60,573
 
7,381
 
63,005
 
9,079
 

7 Creditors: amounts falling due within one year

20252024
££
Trade creditors
74,610
 
72,256
 
Taxation and social security
793
 
1,465
 
Other creditors
65,455
 
61,283
 
140,858
 
135,004
 

9 Controlling party

The company is under the control of the directors and members.