REGISTERED NUMBER: 00937145 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Isle Of Wight Indoor Bowls

Club Limited(The)

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr J E Baker-Deam

I T Morey

A D Cawdell

J C Henshaw

Ms A Morris

REGISTERED OFFICE:

Isle Of Wight Indoor Bowls Club

Brading Road

Ryde

PO33 1QG

REGISTERED NUMBER:

00937145 (England and Wales)

ACCOUNTANTS:

Allegri & Co.

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

FIXED ASSETS

Tangible assets

4

234,057

237,833

CURRENT ASSETS

Stocks

1,177

714

Debtors

5

4,612

5,189

Cash at bank and in hand

124,450

102,811

130,239

108,714

CREDITORS

Amounts falling due within one year

6

5,036

4,751

NET CURRENT ASSETS

125,203

103,963

TOTAL ASSETS LESS CURRENT LIABILITIES

359,260

341,796

RESERVES

Income and expenditure account

359,260

341,796

359,260

341,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 19 May 2026 and were signed on its behalf by:

J C Henshaw - Director

1.	STATUTORY INFORMATION

Isle Of Wight Indoor Bowls Club Limited(The) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

10% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

316,773

221,233

538,006

Additions

-

2,409

2,409

At 31 March 2026

316,773

223,642

540,415

DEPRECIATION

At 1 April 2025

96,031

204,142

300,173

Charge for year

3,168

3,017

6,185

At 31 March 2026

99,199

207,159

306,358

NET BOOK VALUE

At 31 March 2026

217,574

16,483

234,057

At 31 March 2025

220,742

17,091

237,833

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

VAT

1,045

2,252

Prepayments

3,567

2,937

4,612

5,189

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

139

-

Tax

388

750

Social security and other taxes

829

629

Other creditors

245

194

Accrued expenses

3,435

3,178

5,036

4,751