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No description of principal activity
2022-07-01
Sage Accounts Production Advanced 2023 - FRS102_2023
xbrli:pure
xbrli:shares
iso4217:GBP
04403748
2022-07-01
2023-06-30
04403748
2023-06-30
04403748
2022-06-30
04403748
2021-07-01
2022-06-30
04403748
2022-06-30
04403748
2021-06-30
04403748
core:LandBuildings
2022-07-01
2023-06-30
04403748
core:PlantMachinery
2022-07-01
2023-06-30
04403748
core:FurnitureFittings
2022-07-01
2023-06-30
04403748
bus:LeadAgentIfApplicable
2022-07-01
2023-06-30
04403748
bus:Director1
2022-07-01
2023-06-30
04403748
core:WithinOneYear
2023-06-30
04403748
core:WithinOneYear
2022-06-30
04403748
core:AfterOneYear
2023-06-30
04403748
core:AfterOneYear
2022-06-30
04403748
core:ShareCapital
2023-06-30
04403748
core:ShareCapital
2022-06-30
04403748
core:RetainedEarningsAccumulatedLosses
2023-06-30
04403748
core:RetainedEarningsAccumulatedLosses
2022-06-30
04403748
core:BetweenOneFiveYears
2023-06-30
04403748
core:BetweenOneFiveYears
2022-06-30
04403748
core:MoreThanFiveYears
2023-06-30
04403748
core:MoreThanFiveYears
2022-06-30
04403748
bus:SmallEntities
2022-07-01
2023-06-30
04403748
bus:AuditExemptWithAccountantsReport
2022-07-01
2023-06-30
04403748
bus:SmallCompaniesRegimeForAccounts
2022-07-01
2023-06-30
04403748
bus:PrivateLimitedCompanyLtd
2022-07-01
2023-06-30
04403748
bus:AbridgedAccounts
2022-07-01
2023-06-30
04403748
core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment
2022-07-01
2023-06-30
04403748
core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment
2022-07-01
2023-06-30
STATEMENT OF CONSENT TO PREPARE ABRIDGED FINANCIAL STATEMENTS |
|
All of the members of Birmingham Moseley Rugby Limited have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.
COMPANY REGISTRATION NUMBER:
04403748
BIRMINGHAM MOSELEY RUGBY LIMITED |
|
FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS |
|
BIRMINGHAM MOSELEY RUGBY LIMITED |
|
REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ABRIDGED FINANCIAL STATEMENTS OF
BIRMINGHAM MOSELEY RUGBY LIMITED |
|
YEAR ENDED 30 JUNE 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of Birmingham Moseley Rugby Limited for the year ended 30 June 2023, which comprise the abridged statement of financial position 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
LANGARD LIFFORD HALL LIMITED
Accountants and Registered Auditors
Lifford Hall
Lifford Lane
Kings Norton
Birmingham
B30 3JN
19 January 2024
BIRMINGHAM MOSELEY RUGBY LIMITED |
|
ABRIDGED STATEMENT OF FINANCIAL POSITION |
|
30 June 2023
Fixed assets
Tangible assets |
5 |
|
388,736 |
|
422,242 |
|
|
|
|
|
|
Current assets
Stocks |
19,933 |
|
14,575 |
|
Debtors |
152,826 |
|
197,702 |
|
Cash at bank and in hand |
14,206 |
|
27,950 |
|
|
------------ |
|
------------ |
|
|
186,965 |
|
240,227 |
|
|
|
|
|
|
Creditors: amounts falling due within one year |
1,429,898 |
|
1,309,691 |
|
|
-------------- |
|
-------------- |
|
Net current liabilities |
|
1,242,933 |
|
1,069,464 |
|
|
-------------- |
|
-------------- |
Total assets less current liabilities |
|
(
854,197) |
|
(
647,222) |
|
|
|
|
|
Creditors: amounts falling due after more than one year |
|
591,213 |
|
577,545 |
|
|
-------------- |
|
-------------- |
Net liabilities |
|
(
1,445,410) |
|
(
1,224,767) |
|
|
-------------- |
|
-------------- |
|
|
|
|
|
Capital and reserves
Called up share capital |
|
166,705 |
|
166,705 |
Profit and loss account |
|
(
1,612,115) |
|
(
1,391,472) |
|
|
-------------- |
|
-------------- |
Shareholders deficit |
|
(
1,445,410) |
|
(
1,224,767) |
|
|
-------------- |
|
-------------- |
|
|
|
|
|
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements 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 abridged financial statements
.
BIRMINGHAM MOSELEY RUGBY LIMITED |
|
ABRIDGED STATEMENT OF FINANCIAL POSITION (continued) |
|
30 June 2023
These abridged financial statements were approved by the
board of directors
and authorised for issue on
19 January 2024
, and are signed on behalf of the board by:
Company registration number:
04403748
BIRMINGHAM MOSELEY RUGBY LIMITED |
|
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS |
|
YEAR ENDED 30 JUNE 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Billesley Common, Yardley Wood Road, Birmingham, West Midlands, B13 OTP.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There was a net deficiency of assets at the balance sheet date, the financial statements have been prepared on the going concern basis based on discussions with the directors who will continue to give financial support.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
The Turnover shown in the profit and loss account represents the realisable value of work undertaken during the year, exclusive of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Clubhouse & Stand |
- |
2% reducing balance |
|
Hospitality Boxes |
- |
4% straight line |
|
Fixtures, Fittings & Equipment |
- |
15% reducing balance |
|
Playing Equipment |
- |
10% straight line |
|
|
|
|
|
All Weather Pitch |
- |
4% straight line |
|
|
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Government grants
Deferred grants in respect of capital expenditure are treated as deferred income and are credited to the profit and loss account over the estimated useful life of the assets to which they relate.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
47
(2022:
48
).
5.
Tangible assets
|
£ |
Cost |
|
At 1 July 2022 and 30 June 2023 |
927,504 |
|
------------ |
Depreciation |
|
At 1 July 2022 |
505,262 |
Charge for the year |
33,506 |
|
------------ |
At 30 June 2023 |
538,768 |
|
------------ |
Carrying amount |
|
At 30 June 2023 |
388,736 |
|
------------ |
At 30 June 2022 |
422,242 |
|
------------ |
|
|
6.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
|
2023 |
2022 |
|
£ |
£ |
|
Not later than 1 year |
8,971 |
10,521 |
|
Later than 1 year and not later than 5 years |
27,200 |
29,371 |
|
Later than 5 years |
520,200 |
527,000 |
|
|
------------ |
------------ |
|
|
556,371 |
566,892 |
|
|
------------ |
------------ |
|
|
|
|
7.
Directors' advances, credits and guarantees
At the balance sheet date the directors owed the company £188,400 (2022:£188,400)
8.
Related party transactions
At the balance sheet date amounts owed to Enville Limited, the parent company, amounted to £157,000 (2022: £102,000) and interest payable to Enville Limited amounted to £4,980 (2022: £4,980). At the balance sheet date amounts owed to Logmoor Limited, a company under common directorship, amounted to £911,441 (2022: £907,267). Controlling parties The company is controlled by
D G Warren
by way of his directorship.
9.
Ultimate parent company
The parent company is Enville Limited, a company incorporated in England and Wales.