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REGISTERED NUMBER: 07230416 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 March 2024

for

ClubAZ Limited

ClubAZ Limited (Registered number: 07230416)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


ClubAZ Limited (Registered number: 07230416)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 18,411 25,886

CURRENT ASSETS
Stocks 342 133
Debtors 5 3,036,982 2,909,037
Cash at bank and in hand 1,370,864 1,335,567
4,408,188 4,244,737
CREDITORS
Amounts falling due within one year 6 (240,998 ) (124,440 )
NET CURRENT ASSETS 4,167,190 4,120,297
TOTAL ASSETS LESS CURRENT LIABILITIES 4,185,601 4,146,183


RESERVES
Retained earnings 4,185,601 4,146,183
MEMBERS' FUNDS 4,185,601 4,146,183
4,185,601 4,146,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:





Mr G A Small - Director


ClubAZ Limited (Registered number: 07230416)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

ClubAZ Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07230416

Registered office: Hulleys
Charter Way
Macclesfield
Cheshire
SK10 2NA

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts chargeable, net of VAT, in respects of the goods and services to customers. Goods and services provided by the company are comprised of Club and Gym subscriptions, advertising and events.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

ClubAZ Limited (Registered number: 07230416)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 371,235 28,145 399,380
DEPRECIATION
At 1 April 2023 345,349 28,145 373,494
Charge for year 7,475 - 7,475
At 31 March 2024 352,824 28,145 380,969
NET BOOK VALUE
At 31 March 2024 18,411 - 18,411
At 31 March 2023 25,886 - 25,886

5. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors - 210
Other debtors 1,300,636 138,496
1,300,636 138,706

Amounts falling due after more than one year:
Other debtors 1,736,346 2,770,331

Aggregate amounts 3,036,982 2,909,037

The debtor due in more than one year relates to long term loans owed by AstraZeneca PLC. The loans have a five year repayment notice and do not accrue interest.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 16,511 31,956
Taxation and social security 55,917 20,318
Other creditors 168,570 72,166
240,998 124,440