Tynemouth Squash Rackets Club Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 01338103

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		93,332		89,357

			93,332		89,357
CURRENT ASSETS
Stocks		2,500		2,500
Debtors		617		126
Cash at bank and in hand		69,043		33,185

		72,160		35,811
Creditors: Amounts Falling Due Within One Year		(2,951 )		(2,514 )

NET CURRENT ASSETS (LIABILITIES)			69,209		33,297

TOTAL ASSETS LESS CURRENT LIABILITIES			162,541		122,654

NET ASSETS			162,541		122,654

RESERVES
Other reserves			40,918		40,918
Income and Expenditure Account			121,623		81,736

MEMBERS' FUNDS			162,541		122,654

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Tynemouth Squash Rackets Club Limited

Abridged Balance Sheet (continued)

As At 31 March 2026

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

All of the company's members have consented to the preparation of an Abridged Income and Expenditure Account and an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Nicholas Thornton

Director

30/07/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Tynemouth Squash Rackets Club Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 01338103 . The registered office is Tynemouth Squash Rackets Club, Billy Mill Lane, North Shields, Tyne And Wear, NE29 8LP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	5% Reducing Balance
Improvements	2% Straight Line
Fixtures & Fittings	10% Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2025: 8)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2025	355,089
Additions	9,404

As at 31 March 2026	364,493

...CONTINUED

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Tynemouth Squash Rackets Club Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

Depreciation
As at 1 April 2025	265,732
Provided during the period	5,429

As at 31 March 2026	271,161

Net Book Value
As at 31 March 2026	93,332

As at 1 April 2025	89,357

5. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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