Company No: 00272258 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	Mr N R Attwood
	Ms E E Bond
	Mr J F Fairs
	Mr R P Kinley
	Mr A F Messer (Appointed 01 January 2025)
	Mr J C Schools
	Mr G Stewart (Resigned 30 December 2024)
	Mr K Tester
	Mr C A Young

Secretary

Mr J C Schools

Registered office	Field Place
	The Boulevard
	Worthing
	West Sussex
	BN13 1NP
	United Kingdom

Company number

00272258 (England and Wales)

Accountant	Kreston Reeves LLP
	9 Donnington Park
	85 Birdham Road
	Chichester
	West Sussex
	PO20 7AJ

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Worthing Indoor Bowling Greens,Limited for the financial year ended 30 April 2025 which comprise the Balance Sheet and the related notes 1 to 8 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

It is your duty to ensure that Worthing Indoor Bowling Greens,Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Worthing Indoor Bowling Greens,Limited. You consider that Worthing Indoor Bowling Greens,Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Worthing Indoor Bowling Greens,Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Board of Directors of Worthing Indoor Bowling Greens,Limited, as a body, in accordance with the terms of our engagement letter dated 13 July 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Worthing Indoor Bowling Greens,Limited and state those matters that we have agreed to state to the Board of Directors of Worthing Indoor Bowling Greens,Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Worthing Indoor Bowling Greens,Limited and its Board of Directors as a body for our work or for this report.

Kreston Reeves LLP
Chartered Accountants

9 Donnington Park
85 Birdham Road
Chichester
West Sussex
PO20 7AJ

30 October 2025

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	291,482		309,075
		291,482		309,075
Current assets
Stocks		4,028		5,229
Debtors	4	1,989		1,907
Cash at bank and in hand		58,167		53,075
		64,184		60,211
Creditors: amounts falling due within one year	5	( 40,220)		( 46,209)
Net current assets		23,964		14,002
Total assets less current liabilities		315,446		323,077
Creditors: amounts falling due after more than one year	6	( 65,000)		( 69,000)
Net assets		250,446		254,077
Reserves
Profit and loss account		250,446		254,077
Total reserves		250,446		254,077

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Worthing Indoor Bowling Greens,Limited (registered number: 00272258) were approved and authorised for issue by the Board of Directors on 30 October 2025. They were signed on its behalf by:

Mr J C Schools Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Worthing Indoor Bowling Greens,Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Field Place, The Boulevard, Worthing,, West Sussex, BN13 1NP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	50 years straight line
Fixtures and fittings	10 years straight line
Other property, plant and equipment	15 years straight line

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	17		19

3. Tangible assets

	Leasehold improve- ments		Fixtures and fittings		Other property, plant and equipment		Total
	£		£		£		£
Cost
At 01 May 2024	379,762		200,556		34,333		614,651
Additions	0		879		0		879
At 30 April 2025	379,762		201,435		34,333		615,530
Accumulated depreciation
At 01 May 2024	145,162		134,152		26,262		305,576
Charge for the financial year	7,172		10,033		1,267		18,472
At 30 April 2025	152,334		144,185		27,529		324,048
Net book value
At 30 April 2025	227,428		57,250		6,804		291,482
At 30 April 2024	234,600		66,404		8,071		309,075

4. Debtors

	2025		2024
	£		£
Trade debtors	0		6
Other debtors	1,989		1,901
	1,989		1,907

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	2,663		5,195
Corporation tax	0		92
Other taxation and social security	825		0
Other creditors	36,732		40,922
	40,220		46,209

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Other creditors	65,000		69,000

7. Liability of members

The members of Worthing Indoor Bowling Greens,Limited have undertaken to contribute a sum not exceeding £0.05 each to meet the liabilities of the Company if it should be wound up. This amount reflects the original guarantee of one shilling as stated in the memorandum of association.

8. Financial commitments

Other financial commitments

	2025		2024
	£		£
Rental commitment relating to a 99-year lease.	7,350		7,550
Rental commitment to a 3-year car park lease	2,880		0
	10,230		7,550