IRIS Accounts Production v23.3.0.418 11310965 Board of Directors 1.4.22 31.3.23 31.3.23 0 0 false true false false true false Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure113109652022-03-31113109652023-03-31113109652022-04-012023-03-31113109652021-03-31113109652021-04-012022-03-31113109652022-03-3111310965ns16:EnglandWales2022-04-012023-03-3111310965ns15:PoundSterling2022-04-012023-03-3111310965ns11:Director12022-04-012023-03-3111310965ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3111310965ns11:SmallEntities2022-04-012023-03-3111310965ns11:AuditExemptWithAccountantsReport2022-04-012023-03-3111310965ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3111310965ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3111310965ns11:FullAccounts2022-04-012023-03-3111310965ns11:OrdinaryShareClass12022-04-012023-03-3111310965ns11:Director22022-04-012023-03-3111310965ns11:RegisteredOffice2022-04-012023-03-3111310965ns6:CurrentFinancialInstruments2023-03-3111310965ns6:CurrentFinancialInstruments2022-03-3111310965ns6:ShareCapital2023-03-3111310965ns6:ShareCapital2022-03-3111310965ns6:RetainedEarningsAccumulatedLosses2023-03-3111310965ns6:RetainedEarningsAccumulatedLosses2022-03-3111310965ns6:PlantMachinery2022-04-012023-03-3111310965ns6:PlantMachinery2022-03-3111310965ns6:PlantMachinery2023-03-3111310965ns6:PlantMachinery2022-03-3111310965ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3111310965ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3111310965ns11:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 11310965 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

The 1885 Sporting Village Limited

The 1885 Sporting Village Limited (Registered number: 11310965)






Contents of the Financial Statements
for the year ended 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

The 1885 Sporting Village Limited

Company Information
for the year ended 31 March 2023







DIRECTORS: S F Murphy
P McDermott





REGISTERED OFFICE: 2 St John's Court
Vicars Lane
Chester
CH1 1QE





REGISTERED NUMBER: 11310965 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

The 1885 Sporting Village Limited (Registered number: 11310965)

Statement of Financial Position
31 March 2023

2023 2022
Notes £ £
FIXED ASSETS
Tangible assets 4 4,428 5,535

CURRENT ASSETS
Debtors 5 6,670 8,386
Cash at bank 1,503 8,759
8,173 17,145
CREDITORS
Amounts falling due within one year 6 (1,043,134 ) (1,047,275 )
NET CURRENT LIABILITIES (1,034,961 ) (1,030,130 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,030,533

)

(1,024,595

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (1,030,633 ) (1,024,695 )
SHAREHOLDERS' FUNDS (1,030,533 ) (1,024,595 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 November 2023 and were signed on its behalf by:





P McDermott - Director


The 1885 Sporting Village Limited (Registered number: 11310965)

Notes to the Financial Statements
for the year ended 31 March 2023

1. STATUTORY INFORMATION

The 1885 Sporting Village Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future through continued support of the directors. On this basis, the directors believe it appropriate to prepare the accounts on a going concern basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand and cash held with banks. Bank overdrafts are shown within borrowings in current liabilities.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement.

Share capital
Ordinary shares are classed as equity.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

The 1885 Sporting Village Limited (Registered number: 11310965)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 April 2022
and 31 March 2023 8,648
DEPRECIATION
At 1 April 2022 3,113
Charge for year 1,107
At 31 March 2023 4,220
NET BOOK VALUE
At 31 March 2023 4,428
At 31 March 2022 5,535

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors 6,670 8,386

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 1,799 1,440
Taxation and social security 935 990
Other creditors 1,040,400 1,044,845
1,043,134 1,047,275

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary A £1 100 100

8. RELATED PARTY DISCLOSURES

A director has made an unsecured, interest free loan available to the company. The balance outstanding at the year end was £1,039,051 (2022 - £1,043,845). Amounts outstanding are repayable on demand.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
The 1885 Sporting Village Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The 1885 Sporting Village Limited for the year ended 31 March 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The 1885 Sporting Village Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The 1885 Sporting Village Limited and state those matters that we have agreed to state to the Board of Directors of The 1885 Sporting Village Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The 1885 Sporting Village Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The 1885 Sporting Village 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 The 1885 Sporting Village Limited. You consider that The 1885 Sporting Village Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The 1885 Sporting Village 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.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


9 November 2023