Penarth Road Snooker Club Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03451818 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Penarth Road Snooker Club Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N P Risdale

P V Risdale

SECRETARY:

Mrs J V Risdale

REGISTERED OFFICE:

21 Gold Tops

Newport

South Wales

NP20 4PG

REGISTERED NUMBER:

03451818 (England and Wales)

ACCOUNTANTS:

Guilfoyle Sage LLP

21 Gold Tops

Newport

South Wales

NP20 4PG

FIXED ASSETS

Tangible assets

5

7,524

8,725

CURRENT ASSETS

Stocks

6

3,664

4,234

Debtors

7

125

172

Cash at bank and in hand

202,819

172,653

206,608

177,059

CREDITORS

Amounts falling due within one year

8

44,818

50,640

NET CURRENT ASSETS

161,790

126,419

TOTAL ASSETS LESS CURRENT
LIABILITIES

169,314

135,144

PROVISIONS FOR LIABILITIES

1,839

1,993

NET ASSETS

167,475

133,151

CAPITAL AND RESERVES

Called up share capital

9

2

Retained earnings

167,473

133,149

SHAREHOLDERS' FUNDS

167,475

133,151

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 profit or loss 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2026 and were signed on its behalf by:

P V Risdale - Director

N P Risdale - Director

1.	STATUTORY INFORMATION

Penarth Road Snooker Club Limited is a private company, limited by shares , 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis as the directors believe that the company will be able to obtain sufficient funding to secure the continued financing of the company's activities for the foreseeable future.

Turnover and revenue recognition

Items of income are recognised in the financial statements, net of applicable VAT, when the risks and rewards of ownership have passed to the consumer.

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

-

10% on cost

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 Statement of Income and Retained Earnings, 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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

51,258

Additions

1,146

At 31 October 2025

52,404

DEPRECIATION

At 1 November 2024

42,533

Charge for year

2,347

At 31 October 2025

44,880

NET BOOK VALUE

At 31 October 2025

7,524

At 31 October 2024

8,725

6.

STOCKS

31.10.25

31.10.24

£

Stocks

3,664

4,234

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Other debtors

125

172

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade creditors

8,205

8,928

Taxation and social security

22,414

30,042

Other creditors

14,199

11,670

44,818

50,640

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

2

Ordinary

1

2

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company has made advances to directors through a loan account with a total value of £19,308 (2024 - £36,598). The balance of the loan account at 31 October 2025 was £195 due by the company to the directors (2024 - £503). There is no fixed repayment date on this loan and no interest has been charged.