| Cambridge Chesterton Indoor Bowling Club Limited |
| Registered number: |
03206633 |
| Balance Sheet |
| as at 31 May 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
378,719 |
|
|
373,566 |
|
| Current assets |
| Stocks |
|
|
8,054 |
|
|
10,384 |
| Debtors |
4 |
|
10,543 |
|
|
9,311 |
| Cash at bank and in hand |
|
|
242,257 |
|
|
223,591 |
|
|
|
260,854 |
|
|
243,286 |
|
| Creditors: amounts falling due within one year |
5 |
|
(61,521) |
|
|
(40,714) |
|
| Net current assets |
|
|
|
199,333 |
|
|
202,572 |
|
| Total assets less current liabilities |
|
|
|
578,052 |
|
|
576,138 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(112,853) |
|
|
(126,497) |
|
|
|
| Net assets |
|
|
|
465,199 |
|
|
449,641 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Other reserves |
|
|
|
335,145 |
|
|
335,145 |
| Profit and loss account |
|
|
|
130,054 |
|
|
114,496 |
|
| Shareholders' funds |
|
|
|
465,199 |
|
|
449,641 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| M Douglas |
| Director |
| Approved by the board on 8 August 2025 |
|
| Cambridge Chesterton Indoor Bowling Club Limited |
| Notes to the Accounts |
| for the year ended 31 May 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Going concern |
|
The financial statements have been prepared on a going concern basis.
The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern for the period of at least 12 months from the date of approval of these financial statements. |
|
|
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the period to which it relates. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Leasehold land and buildings |
over the lease term |
|
Fixtures, fittings and equipment |
20% reducing balance |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Leased assets |
|
Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Grants |
|
Grants in respect of capital expenditure are credited to a deferred income account and are released to the income and expenditure account by equal instalments over the expected useful lives of the relevant assets. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
9 |
|
6 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Fixtures, fittings and equipment |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 June 2024 |
750,690 |
|
272,768 |
|
1,023,458 |
|
Additions |
21,767 |
|
11,658 |
|
33,425 |
|
At 31 May 2025 |
772,457 |
|
284,426 |
|
1,056,883 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2024 |
427,483 |
|
222,409 |
|
649,892 |
|
Charge for the year |
16,394 |
|
11,878 |
|
28,272 |
|
At 31 May 2025 |
443,877 |
|
234,287 |
|
678,164 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2025 |
328,580 |
|
50,139 |
|
378,719 |
|
At 31 May 2024 |
323,207 |
|
50,359 |
|
373,566 |
|
|
A grant of £20,522 was received from Grantscape in November 2020 to upgrade the lighting. Sponsorship of £1,000 was received in August 2024 to refurbish the bar. Grants and sponsorship income are being depreciated over the remaining term of the lease in line with the depreciation policy of the assets. |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
5,130 |
|
3,743 |
|
Other debtors |
5,413 |
|
5,568 |
|
|
|
|
|
|
10,543 |
|
9,311 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
9,000 |
|
9,000 |
|
Trade creditors |
3,402 |
|
18,025 |
|
Corporation tax |
4,169 |
|
- |
|
Other creditors |
44,950 |
|
13,689 |
|
|
|
|
|
|
61,521 |
|
40,714 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
4,500 |
|
13,500 |
|
Other creditors |
108,353 |
|
112,997 |
|
|
|
|
|
|
112,853 |
|
126,497 |
|
|
|
|
|
|
|
|
|
|
Deferred grants are released to the income and expenditure account in accordance with the accounting policy. |
|
| 7 |
Other financial commitments |
2025 |
|
2024 |
| £ |
£ |
|
|
Total future annual payments under non-cancellable operating leases |
|
13,812 |
|
13,812 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Company limited by guarantee |
|
|
The company is limited by guarantee to £10 per member. |
|
|
| 9 |
Other information |
|
|
Cambridge Chesterton Indoor Bowling Club Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Logans Way |
|
Cambridge |
|
CB4 1BL |