Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 23 February 2022 false 1 March 2023 29 February 2024 29 February 2024 13935788 Mr Calvin Smith Mr Richard Gaskell Mr Patrick Todd Mr Simon Vaz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13935788 2023-02-28 13935788 2024-02-29 13935788 2023-03-01 2024-02-29 13935788 frs-core:CurrentFinancialInstruments 2024-02-29 13935788 frs-core:Non-currentFinancialInstruments 2024-02-29 13935788 frs-core:ComputerEquipment 2024-02-29 13935788 frs-core:ComputerEquipment 2023-03-01 2024-02-29 13935788 frs-core:ComputerEquipment 2023-02-28 13935788 frs-core:FurnitureFittings 2024-02-29 13935788 frs-core:FurnitureFittings 2023-03-01 2024-02-29 13935788 frs-core:FurnitureFittings 2023-02-28 13935788 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-29 13935788 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-29 13935788 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-28 13935788 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13935788 frs-bus:CompanyLimitedByGuarantee 2023-03-01 2024-02-29 13935788 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13935788 frs-bus:SmallEntities 2023-03-01 2024-02-29 13935788 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13935788 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13935788 frs-bus:Director1 2023-03-01 2024-02-29 13935788 frs-bus:Director2 2023-03-01 2024-02-29 13935788 frs-bus:Director3 2023-03-01 2024-02-29 13935788 frs-bus:Director4 2023-03-01 2024-02-29 13935788 frs-countries:EnglandWales 2023-03-01 2024-02-29 13935788 2022-02-22 13935788 2023-02-28 13935788 2022-02-23 2023-02-28 13935788 frs-core:CurrentFinancialInstruments 2023-02-28 13935788 frs-core:Non-currentFinancialInstruments 2023-02-28 13935788 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13935788
Whitstable Rugby Football Club Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13935788
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 423,636 426,876
423,636 426,876
CURRENT ASSETS
Stocks 5 500 500
Debtors 6 6,157 8,251
Cash at bank and in hand 34,429 57,939
41,086 66,690
Creditors: Amounts Falling Due Within One Year 7 (14,274 ) (10,136 )
NET CURRENT ASSETS (LIABILITIES) 26,812 56,554
TOTAL ASSETS LESS CURRENT LIABILITIES 450,448 483,430
Creditors: Amounts Falling Due After More Than One Year 8 - (45,000 )
NET ASSETS 450,448 438,430
Income and Expenditure Account 450,448 438,430
MEMBERS' FUNDS 450,448 438,430
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Page 2
For the 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 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 Richard Gaskell
Director
29 November 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Whitstable Rugby Football Club Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 13935788 . The registered office is Reeves Way, Chestfield, Whitstable, CT5 3QS.
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. 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 Leasehold buildings are depreciated using the straight-line method over their estimated useful lives. This method allocates the cost of the leasehold building, less its estimated residual value, evenly over its anticipated economic life.
Fixtures & Fittings Fixtures and fittings are depreciated using the straight-line method over their estimated useful lives. The straight-line method allocates the cost of fixtures and fittings, less their estimated residual value, evenly over their anticipated economic life.
Computer Equipment Computer Equipment is depreciated using the straight-line method over their estimated useful lives. The straight-line method allocates the cost of computer equipment less their estimated residual value, evenly over their anticipated economic life.
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2023 415,711 108,641 - 524,352
Additions - - 482 482
As at 29 February 2024 415,711 108,641 482 524,834
Depreciation
As at 1 March 2023 - 97,476 - 97,476
Provided during the period - 3,722 - 3,722
As at 29 February 2024 - 101,198 - 101,198
Net Book Value
As at 29 February 2024 415,711 7,443 482 423,636
As at 1 March 2023 415,711 11,165 - 426,876
5. Stocks
2024 2023
£ £
Stock 500 500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,992 8,251
Other taxes and social security 165 -
6,157 8,251
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,581 7,455
Bank loans and overdrafts - 646
Other taxes and social security - 320
VAT 1,693 1,715
14,274 10,136
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 45,000
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9. 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.
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