0 31/03/2024 2024-03-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-04-01 Sage Accounts Production 23.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 12586649 2023-04-01 2024-03-31 12586649 2024-03-31 12586649 2023-03-31 12586649 2022-04-01 2023-03-31 12586649 2023-03-31 12586649 2022-03-31 12586649 bus:Director1 2023-04-01 2024-03-31 12586649 core:RetainedEarningsAccumulatedLosses 2024-03-31 12586649 core:RetainedEarningsAccumulatedLosses 2023-03-31 12586649 bus:SmallEntities 2023-04-01 2024-03-31 12586649 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12586649 bus:FullAccounts 2023-04-01 2024-03-31 12586649 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12586649 bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31
Company registration number: 12586649
The India Wales Club Ltd.
Company limited by guarantee
Unaudited filleted financial statements
31 March 2024
The India Wales Club Ltd.
Company limited by guarantee
Contents
Balance sheet
Notes to the financial statements
The India Wales Club Ltd.
Company limited by guarantee
Balance sheet
31 March 2024
2024 2023
Note £ £ £ £
Current assets
Cash at bank and in hand 543 628
_______ _______
543 628
Net current assets 543 628
_______ _______
Total assets less current liabilities 543 628
_______ _______
Net assets 543 628
_______ _______
Capital and reserves
Income and expenditure account 543 628
_______ _______
Members funds 543 628
_______ _______
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- 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;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Income and expenditure account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 02 July 2024 , and are signed on behalf of the board by:
Dr D Kumar
Director
Company registration number: 12586649
The India Wales Club Ltd.
Company limited by guarantee
Notes to the financial statements
Year ended 31 March 2024
1. General information
The company is a private company limited by guarantee, registered in Wales. The address of the registered office is Eliseg House, Druidstone Road, Ols St. Mellons, Cardiff, CF3 6XD.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
4. Limited by guarantee
The company is limited by guarantee. Each member is liable for a maximum of one pound in the event of the company being wound up.
5. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2023: Nil).