Deeside Mac Ltd |
Registered number: |
13517239 |
Balance Sheet |
as at 31 July 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
4 |
|
|
13,052 |
|
|
- |
|
Current assets |
Cash at bank and in hand |
|
|
15,434 |
|
|
32,028 |
|
Creditors: amounts falling due within one year |
5 |
|
(3,245) |
|
|
(3,295) |
|
Net current assets |
|
|
|
12,189 |
|
|
28,733 |
|
Net assets |
|
|
|
25,241 |
|
|
28,733 |
|
|
|
|
|
|
|
|
Capital and reserves |
Income and expenditure account |
|
|
|
25,241 |
|
|
28,733 |
|
Reserves |
|
|
|
25,241 |
|
|
28,733 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The income and expenditure account has not been delivered to the Registrar of Companies. |
|
|
|
|
John Anthony Christopher |
Director |
Approved by the board on 1 October 2024 |
|
Deeside Mac Ltd |
Notes to the Accounts |
for the year ended 31 July 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover includes subscription revenue which is recognised when the fair value of consideration is received or receivable from the the members. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
25% reducing balance |
|
Fixtures, fittings, tools and equipment |
over 4 years |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. |
|
2 |
Exceptional items |
2024 |
|
2023 |
£ |
£ |
|
|
Transfer of reserves from previous unincorporated club |
0 |
|
28707 |
|
|
|
|
|
|
|
|
- |
|
28,707 |
|
|
|
|
|
|
|
|
|
|
3 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
Cost |
|
Additions |
16,492 |
|
At 31 July 2024 |
16,492 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the year |
3,440 |
|
At 31 July 2024 |
3,440 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2024 |
13,052 |
|
|
5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Other creditors |
3,245 |
|
3,295 |
|
|
|
|
|
|
|
|
|
|
6 |
Related party transactions |
|
None of the Directors (or any persons connected to them) received any remuneration or benefits from the club during the year. No transactions with related parties were undertaken such as required to be disclosed. |
|
7 |
Other information |
|
|
Deeside Mac Ltd is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
367 Chester Road |
|
Little Sutton |
|
Ellesmere Port |
|
Cheshire |
|
CH66 3RQ |