Registered number
03875532
Brent Play Association
Filleted Abridged Accounts
31 March 2023
Brent Play Association
Registered number: 03875532
Abridged Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 11,124 12,299
Current assets
Debtors 14,897 8,620
Cash at bank and in hand 68,544 101,232
83,441 109,852
Creditors: amounts falling due within one year (17,145) (12,400)
Net current assets 66,296 97,452
Total assets less current liabilities 77,420 109,751
Provisions for liabilities (27,275) (27,275)
Net assets 50,145 82,476
Capital and reserves
Profit and loss account 50,145 82,476
Shareholder's funds 50,145 82,476
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
Moses
Director
Approved by the board on 5 June 2023
Brent Play Association
Notes to the Abridged Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 5 5
3 Tangible fixed assets
Total
£
Cost
At 1 April 2022 52,253
Additions 1,899
At 31 March 2023 54,152
Depreciation
At 1 April 2022 39,954
Charge for the year 3,074
At 31 March 2023 43,028
Net book value
At 31 March 2023 11,124
At 31 March 2022 12,299
4 Transactions with related parties
No member of the trustees received any fees or expenses in the year.
5 Company Limited by Gurantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the asses os the company, in the event
of a winding up, such an amount as may be requested not exceeding £1
6 Other information
Ground Floor,
Peppermint Heights
Northwick Road
Wembley
Middlesex HA0 1LG
Brent Play Association 03875532 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts October 2023 release 2 Moses No description of principal activity 03875532 2021-04-01 2022-03-31 03875532 core:WithinOneYear 2022-03-31 03875532 core:RetainedEarningsAccumulatedLosses 2022-03-31 03875532 2022-04-01 2023-03-31 03875532 bus:CompanyLimitedByGuarantee 2022-04-01 2023-03-31 03875532 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03875532 bus:Director40 2022-04-01 2023-03-31 03875532 1 2022-04-01 2023-03-31 03875532 2 2022-04-01 2023-03-31 03875532 bus:FRS102 2022-04-01 2023-03-31 03875532 bus:AbridgedAccounts 2022-04-01 2023-03-31 03875532 2023-03-31 03875532 core:WithinOneYear 2023-03-31 03875532 core:RetainedEarningsAccumulatedLosses 2023-03-31 03875532 2022-03-31 iso4217:GBP xbrli:pure