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REGISTERED NUMBER: 02692347 (England and Wales)














FAREHAM FOOTBALL CLUB LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023






FAREHAM FOOTBALL CLUB LIMITED (REGISTERED NUMBER: 02692347)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FAREHAM FOOTBALL CLUB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: W R Ralls
N L Ralls





SECRETARY: W R Ralls





REGISTERED OFFICE: Unit 3 Ralls House
Parklands Business Park
Forest Road
Denmead
Hampshire
PO7 6XP





REGISTERED NUMBER: 02692347 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

FAREHAM FOOTBALL CLUB LIMITED (REGISTERED NUMBER: 02692347)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 17,115 17,805

CURRENT ASSETS
Debtors 5 1,444 1,440
Prepayments and accrued income 47,592 58,797
Cash at bank 3,292 2,108
52,328 62,345
CREDITORS
Amounts falling due within one year 6 544,091 552,328
NET CURRENT LIABILITIES (491,763 ) (489,983 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(474,648

)

(472,178

)

CAPITAL AND RESERVES
Called up share capital 7 250,000 250,000
Revaluation reserve 8 15,042 15,042
Retained earnings 8 (739,690 ) (737,220 )
SHAREHOLDERS' FUNDS (474,648 ) (472,178 )

FAREHAM FOOTBALL CLUB LIMITED (REGISTERED NUMBER: 02692347)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 30 April 2024 and were signed on its behalf by:





W R Ralls - Director


FAREHAM FOOTBALL CLUB LIMITED (REGISTERED NUMBER: 02692347)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Fareham Football Club 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES INCLUDING DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
Long to Plant and and
leasehold property machinery fittings Totals
£    £    £    £    £   
COST
At 1 November 2022
and 31 October 2023 95,000 10,214 48,974 22,382 176,570
DEPRECIATION
At 1 November 2022 79,958 10,214 46,623 21,970 158,765
Charge for year - - 587 103 690
At 31 October 2023 79,958 10,214 47,210 22,073 159,455
NET BOOK VALUE
At 31 October 2023 15,042 - 1,764 309 17,115
At 31 October 2022 15,042 - 2,351 412 17,805

FAREHAM FOOTBALL CLUB LIMITED (REGISTERED NUMBER: 02692347)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
VAT 1,444 1,440

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 42,573 57,372
Amounts owed to group undertakings 477,002 462,907
Corporation tax - 417
Other creditors 19,384 19,384
Accrued expenses 5,132 12,248
544,091 552,328

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
250,000 Ordinary £1 250,000 250,000

8. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 November 2022 (737,220 ) 15,042 (722,178 )
Deficit for the year (2,470 ) (2,470 )
At 31 October 2023 (739,690 ) 15,042 (724,648 )

9. ULTIMATE PARENT COMPANY

Dylex Limited, a company registered in England, is the ultimate parent company of Fareham Football Club Limited.