Dunscroft Welfare Club Limited 06264969 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of a welfare club. Digita Accounts Production Advanced 6.30.9574.0 true 06264969 2023-04-01 2024-03-31 06264969 2024-03-31 06264969 core:RetainedEarningsAccumulatedLosses 2024-03-31 06264969 core:ShareCapital 2024-03-31 06264969 core:CurrentFinancialInstruments 2024-03-31 06264969 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 06264969 bus:SmallEntities 2023-04-01 2024-03-31 06264969 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06264969 bus:FilletedAccounts 2023-04-01 2024-03-31 06264969 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06264969 bus:RegisteredOffice 2023-04-01 2024-03-31 06264969 bus:Director2 2023-04-01 2024-03-31 06264969 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06264969 countries:EnglandWales 2023-04-01 2024-03-31 06264969 2022-04-01 2023-03-31 06264969 2023-03-31 06264969 core:RetainedEarningsAccumulatedLosses 2023-03-31 06264969 core:ShareCapital 2023-03-31 06264969 core:CurrentFinancialInstruments 2023-03-31 06264969 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 06264969

Dunscroft Welfare Club Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Dunscroft Welfare Club Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Dunscroft Welfare Club Limited

(Registration number: 06264969)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Stocks

4

3,988

3,631

Debtors

5

941

1,678

Cash at bank and in hand

 

68,316

59,020

 

73,245

64,329

Creditors: Amounts falling due within one year

6

(10,109)

(16,519)

Net assets

 

63,136

47,810

Capital and reserves

 

Called up share capital

100

100

Retained earnings

63,036

47,710

Shareholders' funds

 

63,136

47,810

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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 director acknowledges his 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 November 2024
 

.........................................
Mr R I Smith
Director

 

Dunscroft Welfare Club Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
9 Thorne Road
Doncaster
South Yorkshire
DN1 2HJ

The principal place of business is:
Off Broadway
Dunscroft
Doncaster
South Yorkshire
DN7 4HD

These financial statements were authorised for issue by the director on 20 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

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 that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Dunscroft Welfare Club Limited

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

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Goods for resale stock are stated at the lower of cost and estimated selling price. Cost is determined using the first-in, first-out (FIFO) method.

At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2023 - 6).

 

Dunscroft Welfare Club Limited

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

4

Stocks

2024
£

2023
£

Goods for resale

3,988

3,631

5

Debtors

2024
£

2023
£

Prepayments

941

1,678

941

1,678

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

689

5,621

Social security and other taxes

 

2,526

3,011

Outstanding defined contribution pension costs

 

21

44

Accruals

 

3,283

3,253

Corporation tax

3,590

4,590

 

10,109

16,519