Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 04195043 Mr P Proudman Mr M Smith Mr M Evans Mr M Evans iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04195043 2023-05-31 04195043 2024-05-31 04195043 2023-06-01 2024-05-31 04195043 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-01 2024-05-31 04195043 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 04195043 frs-bus:CompanyLimitedByGuarantee 2023-06-01 2024-05-31 04195043 frs-bus:AbridgedAccounts 2023-06-01 2024-05-31 04195043 frs-bus:SmallEntities 2023-06-01 2024-05-31 04195043 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 04195043 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 04195043 frs-bus:Director1 2023-06-01 2024-05-31 04195043 frs-bus:Director2 2023-06-01 2024-05-31 04195043 frs-bus:Director3 2023-06-01 2024-05-31 04195043 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 04195043 frs-countries:EnglandWales 2023-06-01 2024-05-31 04195043 2022-05-31 04195043 2023-05-31 04195043 2022-06-01 2023-05-31 04195043 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 04195043
Vale Juniors (Congleton) Football Club Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 May 2024
Unaudited Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 04195043
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 3 22,613 26,513
22,613 26,513
CURRENT ASSETS
Stocks 600 600
Cash at bank and in hand 13,379 28,527
13,979 29,127
Creditors: Amounts Falling Due Within One Year (3,500 ) (3,460 )
NET CURRENT ASSETS (LIABILITIES) 10,479 25,667
TOTAL ASSETS LESS CURRENT LIABILITIES 33,092 52,180
NET ASSETS 33,092 52,180
Income and Expenditure Account 33,092 52,180
MEMBERS' FUNDS 33,092 52,180
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For the year ending 31 May 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
All of the company's members have consented to the preparation of an Abridged Income and Expenditure Account and an Abridged Balance Sheet for the year end 31 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr P Proudman
Director
12/08/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are the rights to use a 3G Astroturf pitch. It is amortised to income and expenditure account over its estimated economic life of 10 years.
1.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 3 3
3 3
3. Intangible Assets
Total
£
Cost
As at 1 June 2023 39,213
As at 31 May 2024 39,213
Amortisation
As at 1 June 2023 12,700
Provided during the period 3,900
As at 31 May 2024 16,600
Net Book Value
As at 31 May 2024 22,613
As at 1 June 2023 26,513
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4. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
5. General Information
Vale Juniors (Congleton) Football Club Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 04195043 . The registered office is 1 Kirkstone Court , Astbury Park, Congleton, Cheshire, CW12 4JW.
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