Acorah Software Products - Accounts Production 15.0.600 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 03236691 T Roberts E Wykes S Ryan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03236691 2023-03-31 03236691 2024-03-31 03236691 2023-04-01 2024-03-31 03236691 frs-core:CurrentFinancialInstruments 2024-03-31 03236691 frs-core:Non-currentFinancialInstruments 2024-03-31 03236691 frs-core:FurnitureFittings 2024-03-31 03236691 frs-core:FurnitureFittings 2023-04-01 2024-03-31 03236691 frs-core:FurnitureFittings 2023-03-31 03236691 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 03236691 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03236691 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 03236691 frs-core:ShareCapital 2024-03-31 03236691 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03236691 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03236691 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03236691 frs-bus:SmallEntities 2023-04-01 2024-03-31 03236691 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03236691 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03236691 frs-bus:Director1 2023-04-01 2024-03-31 03236691 frs-bus:Director2 2023-04-01 2024-03-31 03236691 frs-bus:Director3 2023-04-01 2024-03-31 03236691 frs-countries:EnglandWales 2023-04-01 2024-03-31 03236691 2022-03-31 03236691 2023-03-31 03236691 2022-04-01 2023-03-31 03236691 frs-core:CurrentFinancialInstruments 2023-03-31 03236691 frs-core:Non-currentFinancialInstruments 2023-03-31 03236691 frs-core:ShareCapital 2023-03-31 03236691 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 03236691
Ilkeston Rugby Club Properties Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 03236691
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,268 34,335
29,268 34,335
CURRENT ASSETS
Debtors 5 101,172 107,364
Cash at bank and in hand - 409
101,172 107,773
Creditors: Amounts Falling Due Within One Year 6 (91,699 ) (79,972 )
NET CURRENT ASSETS (LIABILITIES) 9,473 27,801
TOTAL ASSETS LESS CURRENT LIABILITIES 38,741 62,136
Creditors: Amounts Falling Due After More Than One Year 7 (202,608 ) (205,384 )
NET LIABILITIES (163,867 ) (143,248 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Income Statement (163,869 ) (143,250 )
SHAREHOLDERS' FUNDS (163,867) (143,248)
Page 1
Page 2
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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
T Roberts
Director
21/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ilkeston Rugby Club Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03236691 . The registered office is The Stute, Hallam Fields Road, Ilkeston, Derbyshire, DE7 4AZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors consider that the company will continue to operate based on the current financial information and continued support of the bank and directors. On the basis the directors consider it appropriate to prepare the accounts on a going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% straight line
Fixtures & Fittings 25% Reduced balance method
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 142,025 62,516 204,541
As at 31 March 2024 142,025 62,516 204,541
Depreciation
As at 1 April 2023 116,596 53,610 170,206
Provided during the period 2,841 2,226 5,067
As at 31 March 2024 119,437 55,836 175,273
Net Book Value
As at 31 March 2024 22,588 6,680 29,268
As at 1 April 2023 25,429 8,906 34,335
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 101,172 107,364
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 8,587 -
Other creditors 79,331 79,972
Taxation and social security 3,781 -
91,699 79,972
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans - 125,921
Other creditors 202,608 79,463
202,608 205,384
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4