Company Registration No. 04836208 (England and Wales)
KIRKLEY & PAKEFIELD COMMUNITY SPORTS & SOCIAL CLUB LIMITED
Unaudited accounts
for the year ended 30 June 2023
KIRKLEY & PAKEFIELD COMMUNITY SPORTS & SOCIAL CLUB LIMITED
Unaudited accounts
Contents
KIRKLEY & PAKEFIELD COMMUNITY SPORTS & SOCIAL CLUB LIMITED
Company Information
for the year ended 30 June 2023
Directors
Mr H J Goldspink
Mr P Underdown
Company Number
04836208 (England and Wales)
Registered Office
WALMER ROAD
PAKEFIELD
LOWESTOFT
SUFFOLK
NR33 7LE
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
KIRKLEY & PAKEFIELD COMMUNITY SPORTS & SOCIAL CLUB LIMITED
Statement of financial position
as at 30 June 2023
Tangible assets
844,209
867,893
Cash at bank and in hand
34,101
44,472
Creditors: amounts falling due within one year
(3,044)
(12,172)
Net current assets
35,851
35,362
Total assets less current liabilities
880,060
903,255
Creditors: amounts falling due after more than one year
(805,131)
(805,131)
Capital contribution reserve
17,788
17,788
Profit and loss account
57,141
80,336
Shareholders' funds
74,929
98,124
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2023 and were signed on its behalf by
Mr P Underdown
Director
Company Registration No. 04836208
KIRKLEY & PAKEFIELD COMMUNITY SPORTS & SOCIAL CLUB LIMITED
Notes to the Accounts
for the year ended 30 June 2023
KIRKLEY & PAKEFIELD COMMUNITY SPORTS & SOCIAL CLUB LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04836208. The registered office is WALMER ROAD, PAKEFIELD, LOWESTOFT, SUFFOLK, NR33 7LE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on Cost
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
KIRKLEY & PAKEFIELD COMMUNITY SPORTS & SOCIAL CLUB LIMITED
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 July 2022
1,255,953
26,079
7,800
86,501
1,303
1,377,636
Additions
-
11,737
-
-
-
11,737
At 30 June 2023
1,255,953
37,816
7,800
86,501
1,303
1,389,373
At 1 July 2022
417,530
14,333
4,510
72,173
1,197
509,743
Charge for the year
25,119
5,871
823
3,582
26
35,421
At 30 June 2023
442,649
20,204
5,333
75,755
1,223
545,164
At 30 June 2023
813,304
17,612
2,467
10,746
80
844,209
At 30 June 2022
838,423
11,746
3,290
14,328
106
867,893
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,132
4,297
Taxes and social security
-
4,763
7
Creditors: amounts falling due after more than one year
2023
2022
Deferred income
769,637
805,131
8
Average number of employees
During the year the average number of employees was 20 (2022: 20).