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REGISTERED NUMBER: 08149668 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CLIOSPORT LIMITED

CLIOSPORT LIMITED (REGISTERED NUMBER: 08149668)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CLIOSPORT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: B Sisley
L D Broad
N J Crowcroft





SECRETARY: B Sisley





REGISTERED OFFICE: Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN





REGISTERED NUMBER: 08149668 (England and Wales)





ACCOUNTANTS: Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN

CLIOSPORT LIMITED (REGISTERED NUMBER: 08149668)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,679 6,349

CURRENT ASSETS
Stocks 13,027 14,286
Debtors 5 720 600
Cash at bank 38,645 28,119
52,392 43,005
CREDITORS
Amounts falling due within one year 6 16,628 943
NET CURRENT ASSETS 35,764 42,062
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,443

48,411

RESERVES
Income and expenditure account 41,443 48,411
41,443 48,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 surplus or deficit 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 8 July 2024 and were signed on its behalf by:




B Sisley - Director L D Broad - Director




N J Crowcroft - Director


CLIOSPORT LIMITED (REGISTERED NUMBER: 08149668)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Cliosport Limited is a private company, limited by guarantee , 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 the value of membership fees received and sales of merchandise to members of the club.

All income of the company is mutual in nature.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
The company has mutual status for corporation tax purposes as all income is received from its members and used for the benefit of the members. Therefore no corporation tax or deferred taxation has been provided in these accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 25,999
Additions 744
At 31 March 2024 26,743
DEPRECIATION
At 1 April 2023 19,650
Charge for year 1,414
At 31 March 2024 21,064
NET BOOK VALUE
At 31 March 2024 5,679
At 31 March 2023 6,349

CLIOSPORT LIMITED (REGISTERED NUMBER: 08149668)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 720 600

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 16,628 943

7. ULTIMATE CONTROLLING PARTY

The ultimate contorting party are the members who collectively provide the guarantee.

8. SHARE CAPITAL

The company was incorporated under the Companies Act as a company limited by guarantee and therefore has no share capital.

Every member of the company undertakes to contribute to the assets of the company in the event of it being wound up whilst they are a member or within one year afterwards for payment of debts and liabilities of the company contracted before they cease to be a member of the company and towards the costs, charges and expenses of winding the company up and for the rights of contributories among themselves such amounts as may be required, not exceeding £1.