Chalk Pit Sporting Club Limited 13199565 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is activities of a sports club. Digita Accounts Production Advanced 6.30.9574.0 true true 13199565 2023-03-01 2024-02-29 13199565 2024-02-29 13199565 core:RetainedEarningsAccumulatedLosses 2024-02-29 13199565 core:CurrentFinancialInstruments 2024-02-29 13199565 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 13199565 core:Non-currentFinancialInstruments core:AfterOneYear 2024-02-29 13199565 core:PlantMachinery 2024-02-29 13199565 bus:SmallEntities 2023-03-01 2024-02-29 13199565 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 13199565 bus:FullAccounts 2023-03-01 2024-02-29 13199565 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13199565 bus:RegisteredOffice 2023-03-01 2024-02-29 13199565 bus:Director1 2023-03-01 2024-02-29 13199565 bus:Director2 2023-03-01 2024-02-29 13199565 bus:Director3 2023-03-01 2024-02-29 13199565 bus:CompanyLimitedByGuarantee 2023-03-01 2024-02-29 13199565 core:PlantMachinery 2023-03-01 2024-02-29 13199565 core:OtherRelatedParties 2023-03-01 2024-02-29 13199565 countries:EnglandWales 2023-03-01 2024-02-29 13199565 2023-02-28 13199565 core:PlantMachinery 2023-02-28 13199565 2022-03-01 2023-02-28 13199565 2023-02-28 13199565 core:RetainedEarningsAccumulatedLosses 2023-02-28 13199565 core:CurrentFinancialInstruments 2023-02-28 13199565 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 13199565 core:Non-currentFinancialInstruments core:AfterOneYear 2023-02-28 13199565 core:PlantMachinery 2023-02-28 iso4217:GBP xbrli:pure

Registration number: 13199565

Chalk Pit Sporting Club Limited

(A company limited by guarantee)

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 29 February 2024

 

Chalk Pit Sporting Club Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Chalk Pit Sporting Club Limited

(Registration number: 13199565)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

8,472

10,590

Current assets

 

Debtors

5

4,174

26,764

Cash at bank and in hand

 

11,371

17,384

 

15,545

44,148

Creditors: Amounts falling due within one year

 

(70,547)

(45,579)

Net current liabilities

 

(55,002)

(1,431)

Total assets less current liabilities

 

(46,530)

9,159

Creditors: Amounts falling due after more than one year

(25,000)

(25,000)

Net liabilities

 

(71,530)

(15,841)

Capital and reserves

 

Profit and loss account

(71,530)

(15,841)

Shareholders' deficit

 

(71,530)

(15,841)

For the financial year ending 29 February 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 of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 27 November 2024 and signed on its behalf by:
 

Mr David Thomas Vickery

Director

Mr Stephen John Vickery

Director

Mr Andrew Richard Vickery

Director

 

Chalk Pit Sporting Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

The company is a company limited by guarantee incorporated in England and Wales.

The address of its registered office is:
Manor Farm
Hifield
Dorchester
Dorset
DT2 7BA

2

Accounting policies

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company is reliant upon the support of its members.

The members have given assurance they will continue to support the club for at least 12 months from the date of approval of these accounts and therefore the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and Machinery

20% reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 3).

 

Chalk Pit Sporting Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 March 2023

15,590

15,590

At 29 February 2024

15,590

15,590

Depreciation

At 1 March 2023

5,000

5,000

Charge for the year

2,118

2,118

At 29 February 2024

7,118

7,118

Carrying amount

At 29 February 2024

8,472

8,472

At 28 February 2023

10,590

10,590

5

Debtors

2024
£

2023
£

Trade debtors

4,174

26,497

Other debtors

-

267

4,174

26,764

6

Creditors

2024
£

2023
£

Due within one year

Trade creditors

18,930

3,539

Taxation and social security

-

618

Other creditors

51,617

41,422

70,547

45,579

Due after more than one year

Other borrowings

25,000

25,000

7

Related party transactions

Summary of transactions with other related parties

Included within other creditors is an interest free loan of £49,187 (2023 - £37,187) which has been provided from a company, in which a director is a director of this company, and is repayable on demand.The remaining other creditors consist of accruals and normal other debtors to non-related parties.