REGISTERED NUMBER: |
BRITISH AMATEUR RUGBY LEAGUE ASSOCIATION |
LIMITED |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 |
REGISTERED NUMBER: |
BRITISH AMATEUR RUGBY LEAGUE ASSOCIATION |
LIMITED |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 |
BRITISH AMATEUR RUGBY LEAGUE ASSOCIATION |
LIMITED (REGISTERED NUMBER: 10825925) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
BRITISH AMATEUR RUGBY LEAGUE ASSOCIATION |
LIMITED |
COMPANY INFORMATION |
for the year ended 31 December 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants |
& Statutory Auditors |
Vernon House |
40 New North Road |
Huddersfield |
West Yorkshire |
HD1 5LS |
BRITISH AMATEUR RUGBY LEAGUE ASSOCIATION |
LIMITED (REGISTERED NUMBER: 10825925) |
BALANCE SHEET |
31 December 2023 |
2023 | 2022 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Investments | 6 |
Cash at bank and in hand | 7 |
CREDITORS |
Amounts falling due within one year | 8 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Non distributable reserve | 9 |
Other reserves | 9 |
Income and expenditure account | 9 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
BRITISH AMATEUR RUGBY LEAGUE ASSOCIATION |
LIMITED (REGISTERED NUMBER: 10825925) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 31 December 2023 |
1. | STATUTORY INFORMATION |
British Amateur Rugby League Association Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Income |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Rental income and bank interest are accounted for on an accruals basis. |
Other income is accounted for on a receipts basis. |
Tangible fixed assets |
Plant and machinery etc | - |
There is no depreciation charged on the land and buildings. |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Financial instruments |
Cash investments in fixed rate terms of between eighteen months and two years, are initially recorded at their transaction price. At each period end, the accrued interest is recognised in the financial statements via the income statement, even though the interest is accrued during the course of the term and is paid upon the completion of the term loan. |
Taxation |
Taxation for the year comprises current tax, which is calculated on interest only. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
BRITISH AMATEUR RUGBY LEAGUE ASSOCIATION |
LIMITED (REGISTERED NUMBER: 10825925) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 December 2023 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 January 2023 |
Additions |
Disposals | ( |
) | ( |
) |
At 31 December 2023 |
DEPRECIATION |
At 1 January 2023 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
At 31 December 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
6. | CURRENT ASSET INVESTMENTS |
2023 | 2022 |
£ | £ |
Unlisted investments | 437,902 | 433,354 |
7. | CASH AT BANK AND IN HAND |
Included within the bank balances are the following amounts: |
Section: | 2023 | 2022 |
£ | £ |
International Tour | 5,940 | 5,940 |
Yorkshire County | 6,390 | 6,390 |
Cumbria County | 2,048 | 2,238 |
BRITISH AMATEUR RUGBY LEAGUE ASSOCIATION |
LIMITED (REGISTERED NUMBER: 10825925) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 December 2023 |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
9. | RESERVES |
Income |
and | Non |
expenditure | distributable | Other |
account | reserve | reserves | Totals |
£ | £ | £ | £ |
At 1 January 2023 | 875,167 |
Surplus for the year |
At 31 December 2023 | 881,551 |
10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
11. | FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES |
In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. |
12. | LIMITED BY GUARANTEE |
British Amateur Rugby League Association is a company limited by guarantee and accordingly does not have share capital. |
Every member of the company undertakes to contribute such an amount as may be required, not exceeding £1, to the assets of the company in the event of its being wound up while they are a member, or within one year after they cease to be a member. |