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REGISTERED NUMBER: 10059422 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

BARNT GREEN SPORTS CLUB

BARNT GREEN SPORTS CLUB (REGISTERED NUMBER: 10059422)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARNT GREEN SPORTS CLUB

COMPANY INFORMATION
for the Year Ended 31st March 2024







DIRECTORS: L K Challinor
S A Coleman
Mr T Hubscher
Mrs D Ashford
Mr P Hodgkin





REGISTERED OFFICE: Barnt Green Sports Club
Margesson Drive
Barnt Green
Birmingham
B458LR





REGISTERED NUMBER: 10059422 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

BARNT GREEN SPORTS CLUB (REGISTERED NUMBER: 10059422)

BALANCE SHEET
31st March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,075,443 83,736

CURRENT ASSETS
Stocks 5 4,234 3,932
Debtors 6 11,884 11,577
Cash at bank and in hand 325,770 327,230
341,888 342,739
CREDITORS
Amounts falling due within one year 7 52,372 64,258
NET CURRENT ASSETS 289,516 278,481
TOTAL ASSETS LESS CURRENT LIABILITIES 1,364,959 362,217

RESERVES
Revaluation reserve 8 986,000 -
Sinking fund 8 66,753 66,786
Income and expenditure account 8 312,206 295,431
1,364,959 362,217

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

BARNT GREEN SPORTS CLUB (REGISTERED NUMBER: 10059422)

BALANCE SHEET - continued
31st March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd August 2024 and were signed on its behalf by:





S A Coleman - Director


BARNT GREEN SPORTS CLUB (REGISTERED NUMBER: 10059422)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024


1. STATUTORY INFORMATION

Barnt Green Sports Club 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% 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
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

BARNT GREEN SPORTS CLUB (REGISTERED NUMBER: 10059422)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST OR VALUATION
At 1st April 2023 30,564 122,266 21,813 174,643
Additions - 35,400 - 35,400
Revaluations 986,000 - - 986,000
At 31st March 2024 1,016,564 157,666 21,813 1,196,043
DEPRECIATION
At 1st April 2023 24,476 55,270 11,161 90,907
Charge for year 1,522 25,586 2,585 29,693
At 31st March 2024 25,998 80,856 13,746 120,600
NET BOOK VALUE
At 31st March 2024 990,566 76,810 8,067 1,075,443
At 31st March 2023 6,088 66,996 10,652 83,736

Cost or valuation at 31st March 2024 is represented by:

Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
Valuation in 2024 1,016,564 157,666 21,813 1,196,043

5. STOCKS
31/3/24 31/3/23
£    £   
Stocks 4,234 3,932

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 533 -
Other debtors - 300
VAT 275 -
Prepayments 11,076 11,277
11,884 11,577

BARNT GREEN SPORTS CLUB (REGISTERED NUMBER: 10059422)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 4,476 21,912
Social security and other taxes 145 (173 )
VAT - 119
Other creditors 4 (61 )
Net wages 1,291 1,282
Deferred income 46,758 41,179
Accrued expenses (302 ) -
52,372 64,258

8. RESERVES
Income
and
expenditure Revaluation Sinking
account reserve fund Totals
£    £    £    £   

At 1st April 2023 295,431 - 66,786 362,217
Surplus for the year 16,775 16,775
Transfer of funds - - (33 ) (33 )
Revaluation - 986,000 - 986,000
At 31st March 2024 312,206 986,000 66,753 1,364,959

9. GOVERNMENT GRANTS

Deferred government grants in respect of capital expenditure are treated as deferred income and are credited to the profit and loss account over the estimated useful life of the assets to which they relate.

10. COMPANY LIMITED BY GUARANTEE

The company, being limited by guarantee, does not have a share capital. The liability of its members is limited to £1 per member.