Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3142023-04-01falseThe principal activity of the Company continued to be the provision of football coaching services.5truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11940881 2023-04-01 2024-03-31 11940881 2022-04-01 2023-03-31 11940881 2024-03-31 11940881 2023-03-31 11940881 c:Director1 2023-04-01 2024-03-31 11940881 d:MotorVehicles 2023-04-01 2024-03-31 11940881 d:MotorVehicles 2024-03-31 11940881 d:MotorVehicles 2023-03-31 11940881 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11940881 d:CurrentFinancialInstruments 2024-03-31 11940881 d:CurrentFinancialInstruments 2023-03-31 11940881 d:Non-currentFinancialInstruments 2024-03-31 11940881 d:Non-currentFinancialInstruments 2023-03-31 11940881 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11940881 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11940881 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 11940881 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 11940881 d:ShareCapital 2024-03-31 11940881 d:ShareCapital 2023-03-31 11940881 d:RetainedEarningsAccumulatedLosses 2024-03-31 11940881 d:RetainedEarningsAccumulatedLosses 2023-03-31 11940881 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 11940881 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 11940881 d:OtherDeferredTax 2024-03-31 11940881 d:OtherDeferredTax 2023-03-31 11940881 c:OrdinaryShareClass1 2023-04-01 2024-03-31 11940881 c:OrdinaryShareClass1 2024-03-31 11940881 c:OrdinaryShareClass1 2023-03-31 11940881 c:OrdinaryShareClass2 2023-04-01 2024-03-31 11940881 c:OrdinaryShareClass2 2024-03-31 11940881 c:OrdinaryShareClass2 2023-03-31 11940881 c:OrdinaryShareClass3 2023-04-01 2024-03-31 11940881 c:OrdinaryShareClass3 2024-03-31 11940881 c:OrdinaryShareClass3 2023-03-31 11940881 c:FRS102 2023-04-01 2024-03-31 11940881 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11940881 c:FullAccounts 2023-04-01 2024-03-31 11940881 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11940881 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 11940881









OVER & IN FOOTBALL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
OVER & IN FOOTBALL LIMITED
REGISTERED NUMBER: 11940881

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
463
27,158

  
463
27,158

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
41,403
22,535

Cash at bank and in hand
  
51,263
35,670

  
92,666
58,205

Creditors: amounts falling due within one year
 6 
(83,250)
(44,317)

NET CURRENT ASSETS
  
 
 
9,416
 
 
13,888

TOTAL ASSETS LESS CURRENT LIABILITIES
  
9,879
41,046

Creditors: amounts falling due after more than one year
 7 
(8,165)
(15,166)

PROVISIONS FOR LIABILITIES
  

Deferred tax
 8 
(71)
(6,699)

  
 
 
(71)
 
 
(6,699)

NET ASSETS
  
1,643
19,181


CAPITAL AND RESERVES
  

Called up share capital 
 9 
105
105

Profit and loss account
  
1,538
19,076

  
1,643
19,181


Page 1

 
OVER & IN FOOTBALL LIMITED
REGISTERED NUMBER: 11940881
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






H Hejazi
Director

Date: 27 July 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
OVER & IN FOOTBALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


GENERAL INFORMATION

The Company is a private company limited by shares and incorporated in England and Wales.  Its registered office address is Salisbury House, Station Road, Cambridge, CB1 2LA. 
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover comprises revenue recognised by the Company in respect of football coaching services supplied during the year, exclusive of Value Added Tax.  Turnover is recognised as the fair value of the consideration received or receivable and is recognised in the period to which it relates.

 
2.3

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
OVER & IN FOOTBALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences.  Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.5

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
OVER & IN FOOTBALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (CONTINUED)


2.5
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 5 (2023 - 4).

Page 5

 
OVER & IN FOOTBALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


TANGIBLE FIXED ASSETS





Motor vehicles

£



COST OR VALUATION


At 1 April 2023
36,210


Disposals
(35,285)



At 31 March 2024

925



DEPRECIATION


At 1 April 2023
9,052


Charge for the year on owned assets
6,112


Disposals
(14,702)



At 31 March 2024

462



NET BOOK VALUE



At 31 March 2024
463



At 31 March 2023
27,158

Page 6

 
OVER & IN FOOTBALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£


Trade debtors
20,028
3,990

Other debtors
16,591
16,591

Prepayments and accrued income
4,784
1,954

41,403
22,535



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
7,000
7,000

Trade creditors
174
557

Corporation tax
9,469
6,755

Other taxation and social security
13,704
10,666

Other creditors
49,066
15,441

Accruals and deferred income
3,837
3,898

83,250
44,317


Other creditors include contribution of £490 (2023 - £365) payable to the Company's defined contribution pension scheme at the balance sheet date. 
Bank loans represent a Government backed 'Bounce Back Loan' which was drawn down in May 2020. The loan is 100% guaranteed by the government and there were no fees or interest payable in the first 12 months. After this initial 12 month period, interest was charged at a fixed rate of 2.5% per annum.


7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
8,165
15,166


Bank loans represent a Government backed 'Bounce Back Loan' which was drawn down in May 2020. The loan is 100% guaranteed by the government and there were no fees or interest payable in the first 12 months. After this initial 12 month period, interest was charged at a fixed rate of 2.5% per annum.

Page 7

 
OVER & IN FOOTBALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


DEFERRED TAXATION




2024


£






At beginning of year
(6,699)


Charged to profit or loss
6,628



AT END OF YEAR
(71)

The deferred taxation balance is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(116)
(6,790)

Short term timing differences
45
91

(71)
(6,699)


9.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



90 (2023 - 90) Ordinary A shares of £1 each
90
90
10 (2023 - 10) Ordinary B shares of £1 each
10
10
5 (2023 - 5) Ordinary C shares of £1 each
5
5

105

105


 
Page 8