Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-09-28activities of sport clubs1falsetruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15173399 2023-09-27 15173399 2023-09-28 2024-09-30 15173399 2022-09-28 2023-09-27 15173399 2024-09-30 15173399 c:Director1 2023-09-28 2024-09-30 15173399 d:PlantMachinery 2023-09-28 2024-09-30 15173399 d:PlantMachinery 2024-09-30 15173399 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-28 2024-09-30 15173399 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-09-28 2024-09-30 15173399 d:OfficeEquipment 2023-09-28 2024-09-30 15173399 d:OfficeEquipment 2024-09-30 15173399 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-28 2024-09-30 15173399 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-09-28 2024-09-30 15173399 d:OwnedOrFreeholdAssets 2023-09-28 2024-09-30 15173399 d:LeasedAssetsHeldAsLessee 2023-09-28 2024-09-30 15173399 d:CurrentFinancialInstruments 2024-09-30 15173399 d:Non-currentFinancialInstruments 2024-09-30 15173399 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 15173399 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 15173399 d:ShareCapital 2024-09-30 15173399 d:RetainedEarningsAccumulatedLosses 2024-09-30 15173399 c:OrdinaryShareClass1 2023-09-28 2024-09-30 15173399 c:OrdinaryShareClass1 2024-09-30 15173399 c:FRS102 2023-09-28 2024-09-30 15173399 c:AuditExempt-NoAccountantsReport 2023-09-28 2024-09-30 15173399 c:FullAccounts 2023-09-28 2024-09-30 15173399 c:PrivateLimitedCompanyLtd 2023-09-28 2024-09-30 15173399 e:PoundSterling 2023-09-28 2024-09-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 15173399














MOODY'S SPORTS TURF LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

 
MOODY'S SPORTS TURF LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Accounts
 
3 - 6


 
MOODY'S SPORTS TURF LTD
REGISTERED NUMBER:15173399

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
11,051

  
11,051

Current assets
  

Debtors: amounts falling due within one year
 5 
1,130

Cash at bank and in hand
  
11,218

  
12,348

Creditors: amounts falling due within one year
 6 
(11,694)

Net current assets
  
 
 
654

Total assets less current liabilities
  
11,705

Creditors: amounts falling due after more than one year
 7 
(5,198)

  

Net assets
  
6,507


Capital and reserves
  

Called up share capital 
 8 
1

Profit and loss account
  
6,506

  
6,507


Page 1

 
MOODY'S SPORTS TURF LTD
REGISTERED NUMBER:15173399
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A Moody
Director

Date: 20 December 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
MOODY'S SPORTS TURF LTD
 
 
NOTES TO THE ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.


General information

Moody's Sports Turf Ltd is a limited liability company registered in England and Wales. Its registered office address is at 19 Homestead Road, Hatfield, England, AL10 0QJ.
The principal activity of the company is that of grounds maintenance at sports clubs.

The company started trading on 1 November 2023.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

Assets held under a finance lease

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Office equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
MOODY'S SPORTS TURF LTD
 
 
NOTES TO THE ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.8

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.

Page 4

 
MOODY'S SPORTS TURF LTD
 
 
NOTES TO THE ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


Additions
14,494
240
14,734



At 30 September 2024

14,494
240
14,734



Depreciation


Charge for the period on owned assets
-
60
60


Charge for the period on financed assets
3,623
-
3,623



At 30 September 2024

3,623
60
3,683



Net book value



At 30 September 2024
10,871
180
11,051

Finance leases

The net book value of £10,871, included within fixed assets, is held under a finance lease agreement. 


5.


Debtors

2024
£


Trade debtors
1,130

1,130


Page 5

 
MOODY'S SPORTS TURF LTD
 
 
NOTES TO THE ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
£

Finance lease
4,798

Trade creditors
1,459

Other taxation and social security
2,452

Other creditors
501

Accruals and deferred income
2,484

11,694



7.


Creditors: Amounts falling due after more than one year

2024
£

Finance lease
5,198

5,198



8.


Share capital

2024
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


1 Ordinary share was issued on incorporation to provide the initial share capital.

 
Page 6