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Company Registration No. 05917139 (England and Wales)
Basingstoke Irish Society Trading Co Ltd Unaudited accounts for the year ended 31 December 2023
Basingstoke Irish Society Trading Co Ltd Unaudited accounts Contents
Page
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Basingstoke Irish Society Trading Co Ltd Company Information for the year ended 31 December 2023
Director
Mr Andrew Columbia McFadden
Secretary
Mrs Anna O'Shea
Company Number
05917139 (England and Wales)
Registered Office
The Irish Centre Council Road Basingstoke Hampshire RG21 3DH England
Accountants
David Fields Pi Daybooks Limited 44 Pennington Close, Colden Common Winchester Hampshire SO21 1UR
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Basingstoke Irish Society Trading Co Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
5,755 
6,000 
Debtors
- 
2,364 
Cash at bank and in hand
14,114 
6,019 
19,869 
14,383 
Creditors: amounts falling due within one year
(5,655)
(3,377)
Net current assets
14,214 
11,006 
Net assets
14,214 
11,006 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
14,213 
11,005 
Shareholders' funds
14,214 
11,006 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 26 February 2024 and were signed on its behalf by
Mr Andrew Columbia McFadden Director Company Registration No. 05917139
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Basingstoke Irish Society Trading Co Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Basingstoke Irish Society Trading Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 05917139. The registered office is The Irish Centre, Council Road, Basingstoke, Hampshire, RG21 3DH, England.
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
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.
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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
- 
2,364 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,426 
1,822 
Amounts owed to group undertakings and other participating interests
3,388 
- 
Taxes and social security
841 
1,555 
5,655 
3,377 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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Basingstoke Irish Society Trading Co Ltd Notes to the Accounts for the year ended 31 December 2023
7
Transactions with related parties
The Company gift aided £11,005 [2022: £10,000] to its parent company during the year. This was £nil [2022: £10,000] in respect of current year taxable profit and £11,005 [2022: £nil] in respect of prior year. The Company has approved a payment of £14,213 being the taxable profits in respect of the current year. All amounts have been or will be paid within nine months of the year end to which they relate. The Company was recharged £32,067 [2022: £32,067] net of VAT in respect of staff £24,173 [2022 £24,173] and support costs of £7,894 [2022 £7,894] which includes £1,063 [2022 £1,063] of rents during the year. At the year end it owed the Charity £nil [2022 £nil] in respect of these recharges. The Company operates a petty cash account in which they make make or receive payments on behalf of the Charity. At the year end it was owed £3,388 (2022: it owed £2,634] in respect of net cash balances made or received by the Company on behalf of the Charity.
8
Controlling party
The controlling parent company is Basingstoke Irish Society a charitable company registered in England and Wales with registered address of The Irish Centre, Council Road, Basingstoke, Hampshire RG21 3DH. The parent Charity's registered number is 1112155 and its company registration number is 5543270.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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