Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08732017 Mrs Deron Croft-Webb Mr Mark Keeley Mrs Carolyn Sandwell Lord Jack Chapman Mr Paul Chapman Mr Daniel McGurran iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08732017 2023-04-30 08732017 2024-04-30 08732017 2023-05-01 2024-04-30 08732017 frs-core:CurrentFinancialInstruments 2024-04-30 08732017 frs-core:Non-currentFinancialInstruments 2024-04-30 08732017 frs-core:ComputerEquipment 2024-04-30 08732017 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08732017 frs-core:ComputerEquipment 2023-04-30 08732017 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 08732017 frs-core:FurnitureFittings 2024-04-30 08732017 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08732017 frs-core:FurnitureFittings 2023-04-30 08732017 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 08732017 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 08732017 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 08732017 frs-core:OtherResidualIntangibleAssets 2024-04-30 08732017 frs-core:OtherResidualIntangibleAssets 2023-04-30 08732017 frs-core:PlantMachinery 2024-04-30 08732017 frs-core:PlantMachinery 2023-05-01 2024-04-30 08732017 frs-core:PlantMachinery 2023-04-30 08732017 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08732017 frs-bus:CompanyLimitedByGuarantee 2023-05-01 2024-04-30 08732017 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08732017 frs-bus:SmallEntities 2023-05-01 2024-04-30 08732017 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08732017 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08732017 frs-bus:Director1 2023-05-01 2024-04-30 08732017 frs-bus:Director2 2023-05-01 2024-04-30 08732017 frs-bus:Director3 2023-05-01 2024-04-30 08732017 frs-bus:Director4 2023-05-01 2024-04-30 08732017 frs-bus:Director5 2023-05-01 2024-04-30 08732017 frs-bus:Director6 2023-05-01 2024-04-30 08732017 frs-core:CurrentFinancialInstruments 1 2024-04-30 08732017 frs-core:Non-currentFinancialInstruments 1 2024-04-30 08732017 frs-countries:EnglandWales 2023-05-01 2024-04-30 08732017 2022-04-30 08732017 2023-04-30 08732017 2022-05-01 2023-04-30 08732017 frs-core:CurrentFinancialInstruments 2023-04-30 08732017 frs-core:Non-currentFinancialInstruments 2023-04-30 08732017 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 08732017 frs-core:CurrentFinancialInstruments 1 2023-04-30 08732017 frs-core:Non-currentFinancialInstruments 1 2023-04-30
Registered number: 08732017
Crawley Rugby Football Club Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08732017
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,000 5,000
Tangible Assets 5 125,819 111,762
130,819 116,762
CURRENT ASSETS
Stocks 6 10,172 4,061
Debtors 7 3,582 806
Cash at bank and in hand 16,322 60,955
30,076 65,822
Creditors: Amounts Falling Due Within One Year 8 (26,572 ) (18,129 )
NET CURRENT ASSETS (LIABILITIES) 3,504 47,693
TOTAL ASSETS LESS CURRENT LIABILITIES 134,323 164,455
Creditors: Amounts Falling Due After More Than One Year 9 (49,000 ) (49,000 )
NET ASSETS 85,323 115,455
Income and Expenditure Account 85,323 115,455
MEMBERS' FUNDS 85,323 115,455
Page 1
Page 2
For the year ending 30 April 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 and Expenditure Account.
On behalf of the board
Mr Mark Keeley
Director
26 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Crawley Rugby Football Club Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 08732017 . The registered office is Willoughby Fields Ifield Avenue, Ifield, Crawley, West Sussex, RH11 7LX.
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. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to income and expenditure account over its estimated economic life of .... years.
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:
Leasehold 10% Striaght Line
Plant & Machinery 20% Straight Line
Fixtures & Fittings 10% Straight Line
Computer Equipment 10% Straight Line
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in surplus or deficit, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 10)
10 10
4. Intangible Assets
Other
£
Cost
As at 1 May 2023 5,000
As at 30 April 2024 5,000
Net Book Value
As at 30 April 2024 5,000
As at 1 May 2023 5,000
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 203,272 39,957 130,385 642 374,256
Additions - 1,666 2,654 2,023 6,343
Other 29,610 - - - 29,610
As at 30 April 2024 232,882 41,623 133,039 2,665 410,209
Depreciation
As at 1 May 2023 173,406 9,021 80,003 64 262,494
Provided during the period - 8,325 13,304 267 21,896
As at 30 April 2024 173,406 17,346 93,307 331 284,390
Net Book Value
As at 30 April 2024 59,476 24,277 39,732 2,334 125,819
As at 1 May 2023 29,866 30,936 50,382 578 111,762
6. Stocks
2024 2023
£ £
Stock 5,628 9
Stock - Kit Shop 4,544 4,052
10,172 4,061
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 675 806
VAT 2,907 -
3,582 806
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 17,632 2,150
Bank loans and overdrafts 15 15
Corporation tax (1 ) 29
Other taxes and social security - 1,569
VAT - 4,752
Club Card Balance 8,926 9,614
26,572 18,129
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Loan 49,000 49,000
10. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 5