Registration number:
Wombwell Recreation Ground Limited
(A company limited by guarantee)
for the Year Ended 30 September 2024
Wombwell Recreation Ground Limited
Contents
Company Information |
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Directors' Report |
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Accountants' Report |
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Abridged Balance Sheet |
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Notes to the Unaudited Abridged Financial Statements |
Wombwell Recreation Ground Limited
Company Information
Directors |
Mr Alfred Limer Trevor Kersey Mr Brian Lord Karl Rose |
Company secretary |
Karl Rose |
Registered office |
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Accountants |
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Wombwell Recreation Ground Limited
Directors' Report for the Year Ended 30 September 2024
The directors present their report and the abridged financial statements for the year ended 30 September 2024.
Directors of the company
The directors who held office during the year were as follows:
Principal activity
The principal activity of the company is Provision of recreational ground for sporting events
Small companies provision statement
This report has 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
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Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Wombwell Recreation Ground Limited
for the Year Ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wombwell Recreation Ground Limited for the year ended 30 September 2024 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Accounting Technicians we are subject to its ethical and other professional requirements.
This report is made solely to the Board of Directors of Wombwell Recreation Ground Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Wombwell Recreation Ground Limited and state those matters that we have agreed to state to the Board of Directors of Wombwell Recreation Ground Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wombwell Recreation Ground Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Wombwell Recreation Ground Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Wombwell Recreation Ground Limited. You consider that Wombwell Recreation Ground Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Wombwell Recreation Ground Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Askern
Doncaster
DN6 0BA
Wombwell Recreation Ground Limited
(Registration number: 03851221)
Abridged Balance Sheet as at 30 September 2024
Note |
2024 |
2023 |
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Fixed assets |
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Tangible assets |
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- |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets/(liabilities) |
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( |
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Total assets less current liabilities |
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( |
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Provisions for liabilities |
( |
- |
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Accruals and deferred income |
( |
( |
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Net assets/(liabilities) |
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( |
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Reserves |
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Retained earnings |
3,087 |
(1,327) |
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Surplus/(deficit) |
3,087 |
(1,327) |
For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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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.
All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the
Wombwell Recreation Ground Limited
(Registration number: 03851221)
Abridged Balance Sheet as at 30 September 2024
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Wombwell Recreation Ground Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024
General information |
The company is a company limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.
The address of its registered office is:
The principal place of business is:
Station Road
Wombwell
S73 0BJ
These financial statements were authorised for issue by the
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 abridged 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 abridged 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 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 that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Wombwell Recreation Ground Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024
Tax
The tax expense for the period comprises deferred 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.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
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:
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 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.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Wombwell Recreation Ground Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024
Profit/loss before tax |
Arrived at after charging/(crediting)
2024 |
2023 |
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Depreciation expense |
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- |
Tangible assets |
Plant and machinery |
Total |
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Cost or valuation |
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Additions |
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At 30 September 2024 |
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Depreciation |
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Charge for the year |
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At 30 September 2024 |
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Carrying amount |
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At 30 September 2024 |
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Share capital |
The company is limited by guarantee and therefore there is no share capital in issue.