4 false false false false false false false false false false true false false false false false false No description of principal activity 2022-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 12037206 2022-07-01 2023-06-30 12037206 2023-06-30 12037206 2022-06-30 12037206 2021-07-01 2022-06-30 12037206 2022-06-30 12037206 2021-06-30 12037206 bus:LeadAgentIfApplicable 2022-07-01 2023-06-30 12037206 bus:Director1 2022-07-01 2023-06-30 12037206 core:WithinOneYear 2023-06-30 12037206 core:WithinOneYear 2022-06-30 12037206 bus:Micro-entities 2022-07-01 2023-06-30 12037206 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 12037206 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 12037206 bus:CompanyLimitedByGuarantee 2022-07-01 2023-06-30 12037206 bus:FullAccounts 2022-07-01 2023-06-30
COMPANY REGISTRATION NUMBER: 12037206
Gala Sports Ltd
Company Limited by Guarantee
Unaudited Financial Statements
30 June 2023
Gala Sports Ltd
Company Limited by Guarantee
Financial Statements
Year ended 30 June 2023
Contents
Page
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements
1
Income statement
2
Statement of financial position and the notes to the financial statements
3
Gala Sports Ltd
Company Limited by Guarantee
Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Gala Sports Ltd
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 financial statements of Gala Sports Ltd for the year ended 30 June 2023, which comprise the income statement, statement of financial position and the notes to the financial statements 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 at www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation.
HARPER SHELDON LIMITED Chartered accountants
Midway House Staverton Technology Park Herrick Way, Staverton Cheltenham, Glos. GL51 6TQ
12 March 2024
Gala Sports Ltd
Company Limited by Guarantee
Income Statement
Year ended 30 June 2023
2023
2022
£
£
Turnover
222,565
230,476
Cost of raw materials and consumables
100,039
93,126
Staff costs
59,735
64,932
Depreciation and other amounts written off assets
2,407
3,177
Other charges
71,769
59,934
Tax
846
-
---------
---------
(Loss)/profit
( 12,231)
9,307
---------
---------
Gala Sports Ltd
Company Limited by Guarantee
Statement of Financial Position
30 June 2023
2023
2022
£
£
Fixed assets
3,150
2,652
-------
-------
Current assets
16,304
27,460
Creditors: amounts falling due within one year
2,852
2,029
--------
--------
Net current assets
13,452
25,431
--------
--------
Total assets less current liabilities
16,602
28,083
Accruals and deferred income
750
-
--------
--------
15,852
28,083
--------
--------
Capital and reserves
15,852
28,083
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2022: 4 ).
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 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 financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the board of directors and authorised for issue on 12 March 2024 , and are signed on behalf of the board by:
Mr S Meers
Director
Company registration number: 12037206
The company is a private company limited by guarantee, registered in England. The address of the registered office is Midway House, Herrick Way, Staverton Tech. Park, Staverton, Cheltenham, GL51 6TQ, England.