Herga IBSC Limited Filleted Accounts Cover |
Company No. 01789270 | |||||||||
Herga IBSC Limited Directors Report Registrar |
The Directors present their report and the accounts for the year ended 31 May 2026. | |||||||||
Principal activities | |||||||||
This year Herga IBSC celebrates its 42nd year. Over the years the club has built a strong reputation in the community by serving residents across the London Borough of Harrow. The club provides opportunities for exercise and social interaction, particularly for retired residents. Our programme of social activities creates a warm and welcome atmosphere for Members and friends who may wish to join. The restaurant will be open as usual this year. | |||||||||
Looking forward: - | |||||||||
Over the past twelve months, costs have continued to rise, from cleaning services to utilities, and further increases are expected. Your Directors have sort to reduce expenditure wherever possible.
Given the increase in costs across all areas the Directors have reluctantly decided that membership fees should rise to £160 this year. This was not an easy decision and the increase will not fully cover the club's additional running costs. We need volunteers to come forward to produce a strategy to get new Income Revenue Streams as members will not continue with the rising fees year on year. At the present rate of consumption of capital the reserves will be exhausted within the next two years and the club will have to be closed. We therefore need to identify and act on additional sources of income as soon as possible. Members are encouraged to put forward practical ideas and actions that could help. Sport England has provided funding to support consultation on the proposed amalgamation Bowls England (BE) and English Indoor Bowling Association (E.I.B.A.) Further announcements will be made during the indoor season. I Hope you are all looking forward to the new season. | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
R.B. Elbourn - Co. Sec | |||||||||
B.L. Hearn - Chairman | |||||||||
E.J. Prior - President | (Resigned 8 June 2026) | ||||||||
G.V. Welch | |||||||||
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006. | |||||||||
Signed on behalf of the board | |||||||||
B.L. Hearn - Chairman | |||||||||
Director | |||||||||
07 September 2026 | |||||||||
Herga IBSC Limited Balance Sheet Registrar |
at | ||||||||||
Company No. | 01789270 | Notes | 2026 | 2025 | ||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Tangible assets | 5 | |||||||||
Current assets | ||||||||||
Stocks | 6 | |||||||||
Debtors | 7 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 8 | ( | ( | |||||||
Net current assets | ||||||||||
Total assets less current liabilities | ||||||||||
Net assets | ||||||||||
Reserves | ||||||||||
Income and expenditure account | 9 | |||||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's income and expenditure account. | ||||||||||
Approved by the board on 07 September 2026 and signed on its behalf by: | ||||||||||
B.L. Hearn - Chairman | ||||||||||
Director | ||||||||||
07 September 2026 | ||||||||||
Herga IBSC Limited Notes to the Accounts Registrar |
for the year ended 31 May 2026 | |||||||||||||||
1 | General information | ||||||||||||||
Herga IBSC Limited is a private company limited by guarantee and incorporated in England and Wales. | |||||||||||||||
Its registered number is: 01789270 | |||||||||||||||
Its registered office is: | |||||||||||||||
2 | Accounting policies | ||||||||||||||
Tangible fixed assets and depreciation | |||||||||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. | |||||||||||||||
Leasehold land and buildings | |||||||||||||||
Plant and machinery | |||||||||||||||
Furniture, fittings and equipment | |||||||||||||||
Taxation | |||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in the income and expenditure account, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. | |||||||||||||||
3 | Employees | ||||||||||||||
2026 | 2025 | ||||||||||||||
Number | Number | ||||||||||||||
The average monthly number of employees (including directors) during the year was: | |||||||||||||||
4 | Taxation | ||||||||||||||
(a) Tax on profit on ordinary activities | 2026 | 2025 | |||||||||||||
The tax charge is made up as follows: | £ | £ | |||||||||||||
UK corporation tax | |||||||||||||||
Charge for the period | |||||||||||||||
Total corporation tax | |||||||||||||||
Tax on profit on ordinary activities | |||||||||||||||
(b) Factors affecting the total tax charge for the period | |||||||||||||||
The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below: | |||||||||||||||
Higher | 2026 | 2025 | |||||||||||||
236 | £ | £ | |||||||||||||
Profit on ordinary activities before tax | ( | ( | |||||||||||||
Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom | |||||||||||||||
Expenses not deductible for tax purposes | |||||||||||||||
Tax on profit on ordinary activities | |||||||||||||||
5 | Tangible fixed assets | ||||||||||||||
Land and buildings | Plant and machinery | Fixtures, fittings and equipment | Total | ||||||||||||
£ | £ | £ | £ | ||||||||||||
Cost or revaluation | |||||||||||||||
At 1 June 2025 | |||||||||||||||
At 31 May 2026 | |||||||||||||||
Depreciation | |||||||||||||||
At 1 June 2025 | |||||||||||||||
Charge for the year | |||||||||||||||
At 31 May 2026 | |||||||||||||||
Net book values | |||||||||||||||
At 31 May 2026 | |||||||||||||||
At 31 May 2025 | |||||||||||||||
6 | Stocks | ||||||||||||||
2026 | 2025 | ||||||||||||||
£ | £ | ||||||||||||||
Raw materials and consumables | |||||||||||||||
7 | Debtors | ||||||||||||||
2026 | 2025 | ||||||||||||||
£ | £ | ||||||||||||||
VAT recoverable | |||||||||||||||
Prepayments and accrued income | |||||||||||||||
8 | Creditors: | ||||||||||||||
amounts falling due within one year | |||||||||||||||
2026 | 2025 | ||||||||||||||
£ | £ | ||||||||||||||
Corporation tax | |||||||||||||||
Accruals and deferred income | |||||||||||||||
9 | Reserves | ||||||||||||||