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Company Registration No. 14261163 (England and Wales)
Royston Town Football Club Limited Unaudited accounts for the period from 1 August 2022 to 31 May 2023
Royston Town Football Club Limited Unaudited accounts Contents
Page
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Royston Town Football Club Limited Company Information for the period from 1 August 2022 to 31 May 2023
Directors
A Barlow A Baulk T Burrows M Clowery D Easley S Endacott J Gill S Jackson E Joyce N Macleod T McKinnell A Toovey
Company Number
14261163 (England and Wales)
Registered Office
8A Garden Walk Royston Herts SG8 7HP
Accountants
Blanche & Co 4E The Lanterns 16 Melbourn Street Royston Herts SG8 7BX
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Royston Town Football Club Limited Statement of financial position as at 31 May 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
106,333 
Current assets
Inventories
6,171 
Debtors
43,347 
Cash at bank and in hand
(2,250)
47,268 
Creditors: amounts falling due within one year
(61,069)
Net current liabilities
(13,801)
Total assets less current liabilities
92,532 
Creditors: amounts falling due after more than one year
(34,697)
Net assets
57,835 
Reserves
Capital contribution reserve
49,308 
Profit and loss account
8,527 
Members' funds
57,835 
For the period ending 31 May 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 28 July 2023 and were signed on its behalf by
S Jackson Director Company Registration No. 14261163
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Royston Town Football Club Limited Notes to the Accounts for the period from 1 August 2022 to 31 May 2023
1
Statutory information
Royston Town Football Club Limited is a private company, limited by guarantee, registered in England and Wales, registration number 14261163. The registered office is 8A Garden Walk, Royston , Herts, SG8 7HP.
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.
3
Accounting policies
These financial statements for the period from 1 August 2022 to 31 May 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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:
Plant & machinery
25% Reducing Balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Royston Town Football Club Limited Notes to the Accounts for the period from 1 August 2022 to 31 May 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
- 
- 
- 
Additions
90,500 
20,000 
110,500 
At 31 May 2023
90,500 
20,000 
110,500 
Depreciation
Charge for the period
- 
4,167 
4,167 
At 31 May 2023
- 
4,167 
4,167 
Net book value
At 31 May 2023
90,500 
15,833 
106,333 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
4,881 
Other debtors
38,466 
43,347 
6
Creditors: amounts falling due within one year
2023 
£ 
Bank loans and overdrafts
10,000 
VAT
1,546 
Trade creditors
35,362 
Taxes and social security
2,285 
Other creditors
11,876 
61,069 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
21,697 
Loans from directors
13,000 
34,697 
8
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
9
Average number of employees
During the period the average number of employees was 30.
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