Caseware UK (AP4) 2023.0.135 2023.0.135 provision of gymnastics education2023-02-08false70falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14649363 2023-02-07 14649363 2023-02-08 2024-06-30 14649363 2022-07-01 2023-02-07 14649363 2024-06-30 14649363 c:Director1 2023-02-08 2024-06-30 14649363 c:Director2 2023-02-08 2024-06-30 14649363 d:ComputerEquipment 2023-02-08 2024-06-30 14649363 d:ComputerEquipment 2024-06-30 14649363 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-02-08 2024-06-30 14649363 d:CurrentFinancialInstruments 2024-06-30 14649363 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 14649363 d:RetainedEarningsAccumulatedLosses 2024-06-30 14649363 c:FRS102 2023-02-08 2024-06-30 14649363 c:AuditExempt-NoAccountantsReport 2023-02-08 2024-06-30 14649363 c:FullAccounts 2023-02-08 2024-06-30 14649363 c:PrivateLimitedCompanyLtd 2023-02-08 2024-06-30 14649363 e:PoundSterling 2023-02-08 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 14649363













South Durham Gymnastics Club Limited

Financial statements
Information for filing with the registrar

30 June 2024




 
South Durham Gymnastics Club Limited


Balance sheet
At 30 June 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
690

  
690

Current assets
  

Cash at bank and in hand
  
15,956

  
15,956

Creditors: amounts falling due within one year
 5 
(16,832)

Net current (liabilities)/assets
  
 
 
(876)

Total assets less current liabilities
  
(186)

  

Net (liabilities)/assets
  
(186)


Capital and reserves
  

Profit and loss account
  
(186)

Reserves
  
(186)

1

 
South Durham Gymnastics Club Limited

    
Balance sheet (continued)
At 30 June 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 November 2024.




J Cornwell
K Milnes
Director
Director

Registered number: 14649363
The notes on pages 3 to 5 form part of these financial statements. 

2

 
South Durham Gymnastics Club Limited
 
 

Notes to the financial statements
Period ended 30 June 2024

1.


General information

South Durham Gymnastics Club Limited ('the company') is a private company limited by guarantee, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is 5 Catkin Way, Bishop Auckland, County Durham, DL14 9TF.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements of the company have been prepared in compliance with United Kingdom Accounting Standards, including Financial Reporting Standard 102, ‘The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland’ (‘FRS 102’) and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet date the company had excess liabilities over assets. The directors, having made due and careful enquiry, are of the opinion that the company, with the support of its management and stakeholders, has adequate working capital to execute its operations over the next 12 months. The directors, therefore, have made an informed judgement, at the time of approving the financial statements, that there is reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. As a result the directors have continued to adopt the going concern basis of accounting in preparing the annual financial accounts.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts and rebates.

 
2.4

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

3

 
South Durham Gymnastics Club Limited
 

 
Notes to the financial statements
Period ended 30 June 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
25%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of inancial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the period was 7.


4.


Tangible fixed assets





Computer equipment

£



Cost


Additions
849



At 30 June 2024

849



Depreciation


Charge for the period
159



At 30 June 2024

159



Net book value



At 30 June 2024
690

4

 
South Durham Gymnastics Club Limited
 
 

Notes to the financial statements
Period ended 30 June 2024

5.


Creditors: amounts falling due within one year

2024
£

Trade creditors
650

Other taxation and social security
1,976

Other creditors
606

Accruals and deferred income
13,600

16,832


 
5