Registration number: 03151960

The Winchester Indoor Bowls Centre Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

The Winchester Indoor Bowls Centre Limited

(Registration number: 03151960)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	14,156	14,771
Current assets
Debtors	5	4,297	4,349
Cash at bank and in hand		86,802	81,245
		91,099	85,594
Creditors: Amounts falling due within one year	6	(2,868)	(3,751)
Net current assets		88,231	81,843
Net assets		102,387	96,614
Reserves
Retained earnings		102,387	96,614
Surplus		102,387	96,614

For the financial year ending 31 March 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 April 2026 and signed on its behalf by:
 

......................................... B M Baxendale Director

The Winchester Indoor Bowls Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a company limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
c/o P M Smithson
9 The Hillway
Chandler's Ford
Eastleigh
Hampshire
SO53 2PJ

These financial statements were authorised for issue by the Board on 29 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover represents the provision of management charges to Riverside Indoor Bowls Club.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

The Winchester Indoor Bowls Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	2% on cost
Plant and machinery	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2025 - 5).

4	Tangible assets

	Land and buildings £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2025	26,736	87,855	114,591
At 31 March 2026	26,736	87,855	114,591
Depreciation
At 1 April 2025	12,290	87,530	99,820
Charge for the year	534	81	615
At 31 March 2026	12,824	87,611	100,435
Carrying amount
At 31 March 2026	13,912	244	14,156
At 31 March 2025	14,446	325	14,771

Included within the net book value of land and buildings above is £13,912 (2025 - £14,446) in respect of freehold land and buildings.
 

The Winchester Indoor Bowls Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5

Debtors

Current	2026 £	2025 £
Prepayments	4,297	4,349
	4,297	4,349

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	133	160
Accruals and deferred income	2,735	3,591
	2,868	3,751

7	Related party transactions

Summary of transactions with other related parties

Riverside Indoor Bowling Club is the major customer using the Company's facilities.

All Directors of the Company are playing members of the Club. Turnover includes £50,000 (2025 - £50,000) in respect of management charges made to the Club. At the balance sheet date, the amount due to Riverside Indoor Bowling Club was £nil (2025 - £nil).

8	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.