BISHOPS ITCHINGTON SPORTS ASSOCIATION LTD

Company limited by guarantee

Company Registration Number:
04997082 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

BISHOPS ITCHINGTON SPORTS ASSOCIATION LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes

BISHOPS ITCHINGTON SPORTS ASSOCIATION LTD

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

2024 resulted in another positive year with overall profits of £1210.95 a rise from £925.90 the previous year. Badminton revenue increased as expected with session costs rising to £3 which resulted in a profit at the end of year. Court hire revenue decreased due to the loss of a couple of hiring groups and a move to push invoicing away from the end of the financial year. Fund raising increased due to BISA supporting the newly formed cricket team with donations from a number of companies coming into BISA’s account while the cricket team arranged their own bank account. Assistance therefore rose with large donations to the cricket team via the donated funds and the local primary school for sports equipment. Lastly expenses went down with the only real expenditure being the purchase of a gazebo for promotional events. Our savings account had no additional payments expect interest accrued through the year.

Additional information

For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Matthew James Horsman
Pamela Frances Reason
Linda Jane Hassall
James Alexander Coleman
Judith Anne Christian Carter
Thomas Stephen Cooper


The director shown below has held office during the period of
18 November 2024 to 31 December 2024

Charlie Jack Cherington


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
14 January 2025

And signed on behalf of the board by:
Name: Matthew James Horsman
Status: Director

BISHOPS ITCHINGTON SPORTS ASSOCIATION LTD

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 5,071 4,108
Cost of sales: ( 3,860 ) ( 3,182 )
Gross profit(or loss): 1,211 926
Operating profit(or loss): 1,211 926
Profit(or loss) before tax: 1,211 926
Profit(or loss) for the financial year: 1,211 926

BISHOPS ITCHINGTON SPORTS ASSOCIATION LTD

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 13,754 12,543
Total current assets: 13,754 12,543
Net current assets (liabilities): 13,754 12,543
Total assets less current liabilities: 13,754 12,543
Total net assets (liabilities): 13,754 12,543
Members' funds
Profit and loss account: 13,754 12,543
Total members' funds: 13,754 12,543

The notes form part of these financial statements

BISHOPS ITCHINGTON SPORTS ASSOCIATION LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 14 January 2025
and signed on behalf of the board by:

Name: Matthew James Horsman
Status: Director

The notes form part of these financial statements

BISHOPS ITCHINGTON SPORTS ASSOCIATION LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BISHOPS ITCHINGTON SPORTS ASSOCIATION LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0