6 31/03/2023 2023-03-31 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-04-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 08704264 2022-04-01 2023-03-31 08704264 2023-03-31 08704264 2021-04-01 2022-03-31 08704264 2022-03-31 08704264 bus:RegisteredOffice 2022-04-01 2023-03-31 08704264 bus:LeadAgentIfApplicable 2022-04-01 2023-03-31 08704264 bus:Director1 2022-04-01 2023-03-31 08704264 bus:Director2 2022-04-01 2023-03-31 08704264 bus:Director4 2022-04-01 2023-03-31 08704264 bus:Director5 2022-04-01 2023-03-31 08704264 bus:Director6 2022-04-01 2023-03-31 08704264 bus:Director7 2022-04-01 2023-03-31 08704264 bus:Director8 2022-04-01 2023-03-31 08704264 bus:Director9 2022-04-01 2023-03-31 08704264 bus:Director10 2022-04-01 2023-03-31 08704264 bus:CompanySecretary1 2022-04-01 2023-03-31 08704264 core:WithinOneYear 2022-03-31 08704264 bus:Micro-entities 2022-04-01 2023-03-31 08704264 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08704264 bus:FullAccounts 2022-04-01 2023-03-31 08704264 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 08704264 bus:CompanyLimitedByGuarantee 2022-04-01 2023-03-31
Company registration number: 08704264
Wales Weightlifting Federation Ltd
Company limited by guarantee
Unaudited filleted financial statements
31 March 2023
Wales Weightlifting Federation Ltd
Company limited by guarantee
Contents
Directors and other information
Directors responsibilities statement
Assurance report
Statement of financial position and notes to the financial statements
Wales Weightlifting Federation Ltd
Company limited by guarantee
Directors and other information
Directors Joanne Calvino (Appointed 10 October 2022)
Filip Taylor (Appointed 10 October 2022)
Roy Headey (Resigned 10 October 2022)
Ceri Wynne
Nathan Stephens
Darren Rogers
Ross Miller
Gareth Evans (Resigned 17 October 2022)
Victoria Gottwald (Resigned 13 March 2023)
Secretary Hannah Powell
Company number 08704264
Registered office Canolfan Brailsford
Ffriddoedd Road
Bangor
Gwynedd
LL57 2EH
Business address Canolfan Brailsford
Bangor University
Ffriddoedd Road
Bangor
LL57 2EH
Accountants J T Thomas & Co
9 Chestnut Court
Parc Menai
Bangor
Gwynedd
LL57 4FH
Wales Weightlifting Federation Ltd
Company limited by guarantee
Directors responsibilities statement
Year ended 31 March 2023
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Wales Weightlifting Federation Ltd
Company limited by guarantee
Independent chartered accountants review report to the
directors, as a body, of Wales Weightlifting Federation Ltd
Year ended 31 March 2023
We have reviewed the financial statements of Wales Weightlifting Federation Ltd for the year ended 31 March 2023 which comprise statement of financial position and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
This report is made solely to the company's directors, as a body, in accordance with the terms of our engagement letter . Our review has been undertaken so that we may state to the company's directors, as a body, those matters we have agreed with them in our engagement letter and for no other purpose. To the fullest extent permitted by law, we do not accept or assume any responsibility to anyone other than the company and the company's directors, as a body, for our work, for this report or the conclusions we have formed.
Directors responsibility for the financial statements
As explained more fully in the directors responsibilities statement set out on page , the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.
Accountants' responsibility
Our responsibility is to express a conclusion based on our review of the financial statements. We conducted our review in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised), Engagements to review historical financial statements. ISRE 2400 also requires us to comply with the ICAS Code of Ethics.
Scope of assurance review
A review of financial statements in accordance with ISRE 2400 (Revised) is a limited assurance engagement. We have performed additional procedures to those required under a compilation engagement. These primarily consist of making enquiries of management and others within the entity, as appropriate, applying analytical procedures and evaluating the evidence obtained. The procedures performed in a review are substantially less than those performed in an audit conducted in accordance with International Standards on Auditing (UK and Ireland). Accordingly, we do not express an audit opinion on these financial statements.
Conclusion
Based on our review, nothing has come to our attention that causes us to believe the financial statements have not been prepared:
- so as to give a true and fair view of the state of the company's affairs as at 31 March 2023, and of its profit for the year then ended;
- in accordance with United Kingdom Generally Accepted Accounting Practice; and
- in accordance with the Companies Act 2006.
J T Thomas & Co
Chartered Accountants
9 Chestnut Court
Parc Menai
Bangor
Gwynedd
LL57 4FH
Wales Weightlifting Federation Ltd
Company limited by guarantee
Statement of financial position
31 March 2023
2023 2022
£ £ £ £
Fixed assets 136,372 145,438
_______ _______
Current assets 193,660 210,753
Prepayments and accrued income - 1,633
_______ _______
193,660 212,386
Creditors: amounts falling due within one year - ( 481)
_______ _______
Net current assets 193,660 211,905
_______ _______
Total assets less current liabilities 330,032 357,343
Accruals and deferred income ( 214,767) ( 253,459)
_______ _______
Net assets 115,265 103,884
_______ _______
Capital and reserves 115,265 103,884
_______ _______
Wales Weightlifting Federation Ltd
Company limited by guarantee
Year ended 31 March 2023
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 6 (2022: 6 ).
11. Sport Wales Grants
Received during the year
Revenue-
Sports Wales Grant £354,000 (2022: £343,070) Add: Deferred income released this year £114,127 (2022: £89,083) Less: Income deferred to 2023/24 (£84,501) (2022:(£114,127))
Total Revenue £383,626 (2022: £318,026)
Capital -
Deferred income released this year for Depreciation £24,066 (2022: £25,666) Less: Capital additions (£15,000) (2022: (£29,110))
Total Capital Movement £9,066 (2022: (£3,444))
Total Recognised in this year's income £392,692 (2022: £314,582)
Balance sheet totals
Creditors under 1 year
Revenue grants c/f £74,031 (2022: £114,127) Capital grants - Provision for depreciation next financial year c/f £20,456 (2022: £21,816)
Total under one year £94,487 (2022: £135,943)
Creditors over 1 year
Capital grants c/f £116,710 (2022: £113,946)
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts 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 accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 29 September 2023 , and are signed on behalf of the board by:
Darren Rogers Nathan Stephens
Director Director
Company registration number: 08704264
The company is a private company limited by guarantee, registered in England and Wales.