Silverfin false false 31/01/2024 01/02/2023 31/01/2024 Stuart John Cain 01/08/2020 Fanourios Hira 13/12/2023 30/04/2020 07 October 2024 The principal activity of the Company during the financial year was that of a women's cricket team. 12341756 2024-01-31 12341756 bus:Director1 2024-01-31 12341756 bus:Director2 2024-01-31 12341756 core:CurrentFinancialInstruments 2024-01-31 12341756 core:CurrentFinancialInstruments 2023-01-31 12341756 2023-01-31 12341756 core:ShareCapital 2024-01-31 12341756 core:ShareCapital 2023-01-31 12341756 core:RetainedEarningsAccumulatedLosses 2024-01-31 12341756 core:RetainedEarningsAccumulatedLosses 2023-01-31 12341756 bus:OrdinaryShareClass1 2024-01-31 12341756 bus:OrdinaryShareClass2 2024-01-31 12341756 2023-02-01 2024-01-31 12341756 bus:FilletedAccounts 2023-02-01 2024-01-31 12341756 bus:SmallEntities 2023-02-01 2024-01-31 12341756 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 12341756 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12341756 bus:Director1 2023-02-01 2024-01-31 12341756 bus:Director2 2023-02-01 2024-01-31 12341756 2022-02-01 2023-01-31 12341756 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 12341756 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 12341756 bus:OrdinaryShareClass2 2023-02-01 2024-01-31 12341756 bus:OrdinaryShareClass2 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 12341756 (England and Wales)

WEST MIDLANDS WOMEN'S CRICKET LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2024
Pages for filing with the registrar

WEST MIDLANDS WOMEN'S CRICKET LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2024

Contents

WEST MIDLANDS WOMEN'S CRICKET LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 January 2024
WEST MIDLANDS WOMEN'S CRICKET LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 January 2024
2024 2023
£ £
Current assets
Debtors 3 4,004 5,787
Cash at bank and in hand 246,942 98,609
250,946 104,396
Creditors: amounts falling due within one year 4 ( 153,177) ( 40,739)
Net current assets 97,769 63,657
Total assets less current liabilities 97,769 63,657
Net assets 97,769 63,657
Capital and reserves
Called-up share capital 5 4 4
Profit and loss account 97,765 63,653
Total shareholders' funds 97,769 63,657

For the financial year ending 31 January 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of West Midlands Women's Cricket Limited (registered number: 12341756) were approved and authorised for issue by the Director on 07 October 2024. They were signed on its behalf by:

Stuart John Cain
Director
WEST MIDLANDS WOMEN'S CRICKET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
WEST MIDLANDS WOMEN'S CRICKET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

West Midlands Women's Cricket Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Bishop Fleming Llp, 1-3 College Yard, Worcester, WR1 2LB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 25 21

3. Debtors

2024 2023
£ £
Trade debtors 0 3,847
Prepayments 4,000 1,936
Other debtors 4 4
4,004 5,787

4. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 19,816 36,186
Amounts owed to associates 99,387 0
Accruals 24,177 2,597
Taxation and social security 9,797 1,956
153,177 40,739

5. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2 A Ordinary shares of £ 1.00 each 2 2
2 B Ordinary shares of £ 1.00 each 2 2
4 4

6. Related party transactions

Transactions with owners holding a participating interest in the entity

2024 2023
£ £
Amounts owed to associates 97,709 0