| DIBC 2002 Limited |
| Notes to the Accounts |
| for the year ended 31 May 2026 |
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| 1 |
Accounting policies |
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Basis of preparation |
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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). |
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Turnover |
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Turnover represents subscriptions and fees paid by members |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Leasehold land and buildings |
over 25-50 years |
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Plant and machinery |
over 7-10 years |
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Stocks |
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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. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), |
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less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). |
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| 1 |
Employees |
2026 |
|
2025 |
| Number |
Number |
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Average number of persons employed by the company |
- |
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- |
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| 2 |
Tangible fixed assets |
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Land and buildings |
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Plant and machinery etc |
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Total |
| £ |
£ |
£ |
|
Cost |
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At 1 June 2025 |
604,228 |
|
222,266 |
|
826,494 |
|
Additions |
- |
|
16,898 |
|
16,898 |
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At 31 May 2026 |
604,228 |
|
239,164 |
|
843,392 |
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Depreciation |
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At 1 June 2025 |
558,672 |
|
204,176 |
|
762,848 |
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Charge for the year |
1,820 |
|
5,182 |
|
7,002 |
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At 31 May 2026 |
560,492 |
|
209,358 |
|
769,850 |
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Net book value |
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At 31 May 2026 |
43,736 |
|
29,806 |
|
73,542 |
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At 31 May 2025 |
45,556 |
|
18,090 |
|
63,646 |
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| 3 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
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Other debtors |
5,903 |
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5,573 |
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| 4 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
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Other creditors |
12,822 |
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9,655 |
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| 5 |
Other reserve |
2026 |
|
2025 |
| £ |
£ |
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At 1 June 2025 |
210,000 |
|
210,000 |
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At 31 May 2026 |
210,000 |
|
210,000 |
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| 6 |
Company Limited by Guarantee |
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The liability of the members is limited to the extent that each member on the winding up or dissolution of the Company undertakes to contribute such amount as may be required to meet these but not exceeding £1. This liability will be enforceable on all members including former members who resigned within a year of such an event taking place.
Furthermore on the winding up or dissolution of the Company, if the assets exceed its liabilities, no distribution of this excess will be made to the members, but such surplus will be donated to similar undertakings which have the same or identical objectives. |
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| 8 |
Other information |
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DIBC 2002 Limited is a private company limited by guarantee and incorporated in England. Its registered office is: |
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Donyngs Indoor Bowls Club |
|
Linkfield Lane |
|
Redhill |
|
Surrey |
|
RH1 1DP |