Company registration number 04600215 (England and Wales)
GREAT MIDLANDS FUN RUN LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
GREAT MIDLANDS FUN RUN LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2024
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The directors present their annual report and financial statements for the year ended 31 March 2024.
PRINCIPAL ACTIVITIES
The Company was set up in November 2002 following the closing of The Sutton Fun Run, which ran for 21 years.
The principal activity of the company continued to be to organise, support, arrange and fund events to raise money for charities and worthy causes within the community.
At present there is one event organised per year, usually taking place in either May or June.
The 8.5 mile Fun Run is arranged so that individuals and organisations can participate and raise money for local causes.
The cost of staging the event is covered by sponsorship and entrances fees. Any surplus is then added to the charitable donation raised.
We are aware that some monies raised will be paid directly to the chosen charities and not through our organisation. Any amounts known to have been paid directly to the chosen charity are added to what is received into the Fun Run account and the total is announced annually before the year end. Since the inaugural event in 2003 the following amounts have been raised:
2003: £40,000
2004: £82,700
2005: £81,000
2006: £108,300
2007: £134,000
2008: £165,000
2009: £201,000
2010: £200,000
2011: £228,100
2012: £281,000
2013: £302,000
2014: £345,000
2015: £347,000
2016: £283,000
2017: £263,000
2018: £252,000
2019: £230,000
2020: Nil The 2020 race was cancelled due to Coronavirus restrictions.
2021: Nil The 2021 race was cancelled due to Coronavirus restrictions.
2022: £90,000
2023: £122,000
Total: £3,755,100
The Company discharges all operational costs from sponsorship income and entrance fees and distributes all surpluses and donations to the nominated or chosen charities or good causes. This amounts to over 100 charities annually.
DIRECTORS
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
J D Pike
V J Hoe
N J Davies
(Appointed 2 October 2023)
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
GREAT MIDLANDS FUN RUN LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
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On behalf of the board
J D Pike
DIRECTOR
22 July 2024
GREAT MIDLANDS FUN RUN LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
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2024
2023
£
£
£
£
Fixed assets
586
Current assets
58,742
58,414
Creditors: amounts falling due within one year
(55,790)
(65,554)
Net current assets/(liabilities)
2,952
(7,140)
Total assets less current liabilities
3,538
(7,140)
Net assets/(liabilities)
3,538
(7,140)
Capital and reserves
3,538
(7,140)
NOTES TO THE FINANCIAL STATEMENTS
1
EMPLOYEES
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
3
3
Great Midlands Fun Run Limited is a private company limited by shares incorporated in England and Wales. The registered office is 28 Goosemoor Lane, Erdington, Birmingham, B23 5PN.
For the year ended 31 March 2024 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 delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 22 July 2024 and are signed on its behalf by:
J D Pike
DIRECTOR
Company registration number 04600215 (England and Wales)