0 false false false false false false false false false true false false false false false false No description of principal activity 2020-05-01 Sage Accounts Production Advanced 2021 - FRS102_2021 69,531 42,779 8,408 51,187 18,344 26,752 xbrli:pure xbrli:shares iso4217:GBP 08659741 2020-05-01 2021-04-30 08659741 2021-04-30 08659741 2020-04-30 08659741 2020-04-30 08659741 bus:Director3 2020-05-01 2021-04-30 08659741 core:PlantMachinery 2020-04-30 08659741 core:PlantMachinery 2021-04-30 08659741 core:WithinOneYear 2021-04-30 08659741 core:WithinOneYear 2020-04-30 08659741 core:RetainedEarningsAccumulatedLosses 2021-04-30 08659741 core:RetainedEarningsAccumulatedLosses 2020-04-30 08659741 core:PlantMachinery 2020-05-01 2021-04-30 08659741 core:PlantMachinery 2020-04-30 08659741 bus:SmallEntities 2020-05-01 2021-04-30 08659741 bus:AuditExemptWithAccountantsReport 2020-05-01 2021-04-30 08659741 bus:FullAccounts 2020-05-01 2021-04-30 08659741 bus:SmallCompaniesRegimeForAccounts 2020-05-01 2021-04-30 08659741 bus:CompanyLimitedByGuarantee 2020-05-01 2021-04-30
COMPANY REGISTRATION NUMBER: 08659741
Dover Rugby Football Club Limited
Company Limited by Guarantee
Filleted Unaudited Financial Statements
30 April 2021
Dover Rugby Football Club Limited
Company Limited by Guarantee
Financial Statements
Year ended 30 April 2021
Contents
Page
Statement of financial position
1
Notes to the financial statements
3
Dover Rugby Football Club Limited
Company Limited by Guarantee
Statement of Financial Position
30 April 2021
2021
2020
Note
£
£
£
Fixed assets
Tangible assets
6
18,344
26,752
Current assets
Stocks
4,930
3,500
Debtors
7
22,317
28,009
Investments
8
5
5
Cash at bank and in hand
96,919
42,895
---------
--------
124,171
74,409
Creditors: amounts falling due within one year
9
47,665
36,632
---------
--------
Net current assets
76,506
37,777
--------
--------
Total assets less current liabilities
94,850
64,529
--------
--------
Capital and reserves
Profit and loss account
94,850
64,529
--------
--------
Members funds
94,850
64,529
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 2021 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 year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Dover Rugby Football Club Limited
Company Limited by Guarantee
Statement of Financial Position (continued)
30 April 2021
These financial statements were approved by the board of directors and authorised for issue on 12 September 2022 , and are signed on behalf of the board by:
M J Horne
Director
Company registration number: 08659741
Dover Rugby Football Club Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 April 2021
1. General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Grants and donations
Grants received towards expenditure on fixed assets are released to the profit and loss in line with the terms of the original loan agreement.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Revenue represents contributions received from Dover Rugby Football Registered Club, subscriptions from members, donations and other fund raising efforts.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
4-5 years straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Company limited by guarantee
The company is a private company limited by guarantee, and consequently does not have a share capital. Each of its members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
5. Employee numbers
The average number of persons employed by the company during the year, including the directors, amounted to 4 (2020: 4).
6. Tangible assets
Plant and machinery
Total
£
£
Cost
At 1 May 2020 and 30 April 2021
69,531
69,531
--------
--------
Depreciation
At 1 May 2020
42,779
42,779
Charge for the year
8,408
8,408
--------
--------
At 30 April 2021
51,187
51,187
--------
--------
Carrying amount
At 30 April 2021
18,344
18,344
--------
--------
At 30 April 2020
26,752
26,752
--------
--------
7. Debtors
2021
2020
£
£
Other debtors
22,317
28,009
--------
--------
8. Investments
2021
2020
£
£
Other investments
5
5
----
----
9. Creditors: amounts falling due within one year
2021
2020
£
£
Corporation tax
2
Other creditors
47,663
36,632
--------
--------
47,665
36,632
--------
--------
10. Related party transactions
The company was under the control of the members during the current year and previous period. The members have a participating interest in the Dover Rugby Football Registered Club and at the year end Dover Rugby Football Registered Club owed £22,317 (2020: £28,009) to the company. During the year the company gave donations of £4,436 to Dover Rugby Football Registered Club (2020: received donations of £28,248).