Company registration number 14573945 (England and Wales)
NEWCASTLE SWIM TEAM
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
NEWCASTLE SWIM TEAM
COMPANY INFORMATION
- 1 -
Directors
Mr B Denholm
(Appointed 6 January 2023)
Mrs R K Mahoney
(Appointed 6 January 2023)
Mrs J E Winter
(Appointed 6 January 2023)
Mr D M Davies
(Appointed 6 January 2023)
Company number
14573945
Registered office
East End Pool
Hadrian Square
Byker
Newcastle upon Tyne
NE6 1AL
Accountants
Stokoe Rodger LLP
St Matthews House
Haugh Lane
Hexham
Northumberland
NE46 3PU
Business address
East End Pool
Hadrian Square
Byker
Newcastle upon Tyne
NE6 1AL
NEWCASTLE SWIM TEAM
CONTENTS
Page
Company Information
1
Profit and loss account
3
Balance sheet and notes to the financial statements
4 - 5
The following pages do not form part of the financial statements
Accountants' report
2
Detailed profit and loss account
6
NEWCASTLE SWIM TEAM
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NEWCASTLE SWIM TEAM FOR THE YEAR ENDED 31 DECEMBER 2023
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Newcastle Swim Team for the year ended 31 December 2023, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Newcastle Swim Team, as a body, in accordance with the terms of our engagement letter dated .......................... Our work has been undertaken solely to prepare for your approval the financial statements of Newcastle Swim Team and state those matters that we have agreed to state to the board of directors of Newcastle Swim Team, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Newcastle Swim Team and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Newcastle Swim Team has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Newcastle Swim Team is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Newcastle Swim Team. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Stokoe Rodger LLP
28 August 2024
Chartered Accountants
St Matthews House
Haugh Lane
Hexham
Northumberland
NE46 3PU
NEWCASTLE SWIM TEAM
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
- 3 -
2023
£
Turnover
345,835
Other income
82,465
Staff costs
(2,583)
Other charges
(336,322)
Tax
(1,503)
Profit
87,892
NEWCASTLE SWIM TEAM
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 4 -
2023
£
£
Current assets
114,558
Prepayments and accrued income
417
Creditors: amounts falling due within one year
(27,083)
Net current assets
87,892
Net assets
87,892
Capital and reserves
87,892
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
Number
Employees
10
Newcastle Swim Team is a private company limited by shares incorporated in England and Wales. The registered office is East End Pool, Hadrian Square, Byker, Newcastle upon Tyne, NE6 1AL.
For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
NEWCASTLE SWIM TEAM
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2023
31 December 2023
- 5 -
The financial statements were approved by the board of directors and authorised for issue on 28 August 2024 and are signed on its behalf by:
..............................................
..............................................
Mr B Denholm
Mrs R K Mahoney
Director
Director
Company registration number 14573945 (England and Wales)
NEWCASTLE SWIM TEAM
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023