Acorah Software Products - Accounts Production 15.0.600 false true false 22 September 2022 31 August 2023 31 August 2023 14369761 Ms Janet Bowen Mr Richard Berry Ms Janet Bowen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14369761 2022-09-21 14369761 2023-08-31 14369761 2022-09-22 2023-08-31 14369761 frs-core:CurrentFinancialInstruments 2023-08-31 14369761 frs-core:ComputerEquipment 2023-08-31 14369761 frs-core:ComputerEquipment 2022-09-22 2023-08-31 14369761 frs-core:ComputerEquipment 2022-09-21 14369761 frs-core:FurnitureFittings 2023-08-31 14369761 frs-core:FurnitureFittings 2022-09-22 2023-08-31 14369761 frs-core:FurnitureFittings 2022-09-21 14369761 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 14369761 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-09-22 2023-08-31 14369761 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-09-21 14369761 frs-core:PlantMachinery 2023-08-31 14369761 frs-core:PlantMachinery 2022-09-22 2023-08-31 14369761 frs-core:PlantMachinery 2022-09-21 14369761 frs-core:OtherReservesSubtotal 2023-08-31 14369761 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 14369761 frs-bus:CompanyLimitedByGuarantee 2022-09-22 2023-08-31 14369761 frs-bus:FilletedAccounts 2022-09-22 2023-08-31 14369761 frs-bus:SmallEntities 2022-09-22 2023-08-31 14369761 frs-bus:AuditExempt-NoAccountantsReport 2022-09-22 2023-08-31 14369761 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-22 2023-08-31 14369761 frs-bus:Director1 2022-09-22 2023-08-31 14369761 frs-bus:Director2 2022-09-22 2023-08-31 14369761 frs-bus:CompanySecretary1 2022-09-22 2023-08-31 14369761 frs-countries:EnglandWales 2022-09-22 2023-08-31
Registered number: 14369761
Old Bristolians' Sports Club
Unaudited Financial Statements
For the Period 22 September 2022 to 31 August 2023
The Online Accountant
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14369761
31 August 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 94,643
94,643
CURRENT ASSETS
Stocks 5 3,683
Debtors 6 20,830
Cash at bank and in hand 337,604
362,117
Creditors: Amounts Falling Due Within One Year 7 (83,883 )
NET CURRENT ASSETS (LIABILITIES) 278,234
TOTAL ASSETS LESS CURRENT LIABILITIES 372,877
NET ASSETS 372,877
RESERVES
Other reserves 359,708
Income and Expenditure Account 13,169
MEMBERS' FUNDS 372,877
Page 1
Page 2
For the period ending 31 August 2023 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.
On behalf of the board
Mr Richard Berry
Director
31/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Old Bristolians' Sports Club is a private company, limited by guarantee, incorporated in England & Wales, registered number 14369761 . The registered office is Longwood Lane, Failand, Bristol, BS8 3TQ.
2. Accounting Policies
2.1. 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.
2.2. 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No depreciation policy
Plant & Machinery 25% on Reducing balance
Fixtures & Fittings 20% Straight line
Computer Equipment 33.33% Straight line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 22 September 2022 - - - - -
Additions - 94,027 22,186 270 116,483
As at 31 August 2023 - 94,027 22,186 270 116,483
...CONTINUED
Page 3
Page 4
Depreciation
As at 22 September 2022 - - - - -
Provided during the period (813 ) 18,384 4,179 90 21,840
As at 31 August 2023 (813 ) 18,384 4,179 90 21,840
Net Book Value
As at 31 August 2023 813 75,643 18,007 180 94,643
As at 22 September 2022 - - - - -
5. Stocks
31 August 2023
£
Materials 3,683
6. Debtors
31 August 2023
£
Due within one year
Trade debtors 5,190
Other debtors 15,640
20,830
7. Creditors: Amounts Falling Due Within One Year
31 August 2023
£
Trade creditors 641
Other creditors 83,242
83,883
8. 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.
Page 4