REGISTERED NUMBER: 03991295 (England and Wales)

THE HAMSTEAD SOCIAL CLUB LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K A Maxwell

P Corry

B S Cresswell

T Hannon

SECRETARY:

J Williams

REGISTERED OFFICE:

Old Walsall Road

Great Barr

BIRMINGHAM

West Midlands

B42 1HY

REGISTERED NUMBER:

03991295 (England and Wales)

ACCOUNTANTS:

Wallace Crooke

Chartered Accountants &

Registered Auditors

20 Birmingham Road

Walsall

West Midlands

WS1 2LT

FIXED ASSETS

Tangible assets

4

12,380

13,553

CURRENT ASSETS

Stocks

7,343

7,477

Debtors

5

44,097

31,571

Cash at bank and in hand

47,427

19,486

98,867

58,534

CREDITORS

Amounts falling due within one year

6

142,306

96,079

NET CURRENT LIABILITIES

(43,439

)

(37,545

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(31,059

)

(23,992

)

RESERVES

Income and expenditure account

(31,059

)

(23,992

)

(31,059

)

(23,992

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

K A Maxwell - Director

1.	STATUTORY INFORMATION

The Hamstead Social Club 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.

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.

Turnover

Turnover represents bar sales made during the year and is stated net of Value Added Tax.

Other income is accounted for on a receipts basis.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

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.

Profits

Under the company's memorandum of association the company pays all of its net income to the charity: Hamstead Social Welfare Centre.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

33,561

Additions

202

At 31 March 2025

33,763

DEPRECIATION

At 1 April 2024

20,008

Charge for year

1,375

At 31 March 2025

21,383

NET BOOK VALUE

At 31 March 2025

12,380

At 31 March 2024

13,553

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

12,490

-

Other debtors

31,607

31,571

44,097

31,571

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

41,548

38,910

Taxation and social security

92,907

48,613

Other creditors

7,851

8,556

142,306

96,079

7.	RELATED PARTY DISCLOSURES

Hamstead Social Welfare Centre is a registered charity whose trustees, P Corry, B Cresswell and T Hannon were also directors of Hamstead Social Club Limited in the period under review. During the year the company entered into the following transactions with the charity: (a) donation paid to the charity under gift aid £nil (2024: £nil); (b) license paid to the charity for use of the premises £1,200 (2024: £1,200); (c) joint expenses incurred by the charity and reimbursed by the company £37,002 (2024: £16,898): joint expenses incurred by the company and reimbursed by the charity £48,998 (2024: £33,564).

8.	COMPANY STATUS

The company is limited by guarantee, the liability of the members being limited to £1 each.