REGISTERED NUMBER: 02353634 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

TAMWORTH AND DISTRICT INDOOR BOWLS CLUB

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Passmore

S Ellis

D J Payne

M Cox

C J Payne

J Cooke

SECRETARY:

M Passmore

REGISTERED OFFICE:

Eagle Drive

Amington

Tamworth

Staffordshire

B77 4EG

REGISTERED NUMBER:

02353634 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

BANKERS:

National Westminster Bank plc

8 Market Street

Tamworth

Staffordshire

B79 7LS

FIXED ASSETS

Tangible assets

4

497,767

514,974

CURRENT ASSETS

Stocks

3,003

3,156

Debtors

5

10,499

6,890

Cash at bank and in hand

58,697

41,738

72,199

51,784

CREDITORS

Amounts falling due within one year

6

26,027

15,458

NET CURRENT ASSETS

46,172

36,326

TOTAL ASSETS LESS CURRENT LIABILITIES

543,939

551,300

PROVISIONS FOR LIABILITIES

7

170,418

156,590

NET ASSETS

373,521

394,710

RESERVES

Other reserves

33,297

33,297

Income and expenditure account

340,224

361,413

373,521

394,710

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 surplus or deficit 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by:

S Ellis - Director

1.	STATUTORY INFORMATION

Tamworth and District Indoor Bowls Club Limited is a private company, limited by guarantee , 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

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

Turnover

Turnover represents income received, net of Value Added Tax, in respect of subscriptions, competition donations, bar takings and other miscellaneous income and is recognised on an accruals basis or as received as applicable.

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

-

10% - 20% on reducing balance

Fixtures and fittings

-

10% - 20% on reducing balance

Depreciation has been charged on land and buildings to depreciate over the remaining period left of the lease.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Grants

Grants are amortised in line with the depreciation of the fixed assets funded by the grants. The unamortised balance is show in the balance sheet under provisions for liabilities.

3.

EMPLOYEES

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 January 2025

485,609

6,161

374,250

866,020

Additions

-

-

2,773

2,773

At 31 December 2025

485,609

6,161

377,023

868,793

DEPRECIATION

At 1 January 2025

65,623

5,118

280,305

351,046

Charge for year

6,562

157

13,261

19,980

At 31 December 2025

72,185

5,275

293,566

371,026

NET BOOK VALUE

At 31 December 2025

413,424

886

83,457

497,767

At 31 December 2024

419,986

1,043

93,945

514,974

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

60

-

Other debtors

10,439

6,890

10,499

6,890

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

7,895

1,246

Taxation and social security

284

352

Other creditors

17,848

13,860

26,027

15,458

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Other provisions

Grants

170,418

156,590