England Fencing Ltd 06506009 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is to further the interests of English fencers and to promote, develop and foster the sport of fencing, in all aspects, in England Digita Accounts Production Advanced 6.30.9574.0 true true 06506009 2023-07-01 2024-06-30 06506009 2024-06-30 06506009 core:FurtherSpecificReserve1ComponentTotalEquity 2024-06-30 06506009 core:OtherReservesSubtotal 2024-06-30 06506009 core:RetainedEarningsAccumulatedLosses 2024-06-30 06506009 core:CurrentFinancialInstruments 2024-06-30 06506009 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 06506009 core:FurnitureFittingsToolsEquipment 2024-06-30 06506009 bus:SmallEntities 2023-07-01 2024-06-30 06506009 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 06506009 bus:FilletedAccounts 2023-07-01 2024-06-30 06506009 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06506009 bus:RegisteredOffice 2023-07-01 2024-06-30 06506009 bus:Director19 2023-07-01 2024-06-30 06506009 bus:Director24 2023-07-01 2024-06-30 06506009 bus:Director27 2023-07-01 2024-06-30 06506009 bus:Director29 2023-07-01 2024-06-30 06506009 bus:Director31 2023-07-01 2024-06-30 06506009 bus:Director32 2023-07-01 2024-06-30 06506009 bus:Director33 2023-07-01 2024-06-30 06506009 bus:CompanyLimitedByGuarantee 2023-07-01 2024-06-30 06506009 core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-01 2024-06-30 06506009 core:RetainedEarningsAccumulatedLosses 2023-07-01 2024-06-30 06506009 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 06506009 core:ToolsEquipment 2023-07-01 2024-06-30 06506009 countries:England 2023-07-01 2024-06-30 06506009 2023-06-30 06506009 core:FurtherSpecificReserve1ComponentTotalEquity 2023-06-30 06506009 core:RetainedEarningsAccumulatedLosses 2023-06-30 06506009 core:FurnitureFittingsToolsEquipment 2023-06-30 06506009 2022-07-01 2023-06-30 06506009 2023-06-30 06506009 core:OtherReservesSubtotal 2023-06-30 06506009 core:RetainedEarningsAccumulatedLosses 2023-06-30 06506009 core:CurrentFinancialInstruments 2023-06-30 06506009 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 06506009 core:FurnitureFittingsToolsEquipment 2023-06-30 06506009 core:FurtherSpecificReserve1ComponentTotalEquity 2022-07-01 2023-06-30 06506009 core:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 06506009 2022-06-30 06506009 core:FurtherSpecificReserve1ComponentTotalEquity 2022-06-30 06506009 core:RetainedEarningsAccumulatedLosses 2022-06-30 iso4217:GBP xbrli:pure

Registration number: 06506009

England Fencing Ltd

(A company limited by guarantee)

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

England Fencing Ltd

Contents

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Unaudited Financial Statements

4 to 7

 

England Fencing Ltd

Company Information

Directors

Milind Sharad Pradhan

Alan Grafton

Caryl Marianne Paula Oliver

Michael John Swiffin

Alp Aslan Orge

Alexander Andreas Tofalides

Richard Alexander Bernstein

Registered office

8 High Street
Heathfield
East Sussex
TN21 8LS

Accountants

Manningtons
8 High Street
Heathfield
East Sussex
TN21 8LS

 

England Fencing Ltd

(Registration number: 06506009)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

11,188

14,036

Current assets

 

Debtors

5

156,000

26,856

Cash at bank and in hand

 

286,692

335,359

 

442,692

362,215

Creditors: Amounts falling due within one year

6

(159,512)

(104,523)

Net current assets

 

283,180

257,692

Net assets

 

294,368

271,728

Reserves

 

Other reserves

172,198

159,343

Retained earnings

122,170

112,385

Surplus

 

294,368

271,728

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 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.

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 directors have not delivered to the registrar a copy of the Income and Expenditure.

Approved and authorised by the Board on 16 January 2025 and signed on its behalf by:
 

.........................................
Milind Sharad Pradhan
Director

 

England Fencing Ltd

Statement of Changes in Equity for the Year Ended 30 June 2024

Other reserves
£

Retained earnings
£

Total
£

At 1 July 2023

159,343

112,385

271,728

Surplus for the year

-

34,785

34,785

Other comprehensive income

12,855

(25,000)

(12,145)

Total comprehensive income

12,855

9,785

22,640

At 30 June 2024

172,198

122,170

294,368

Other reserves
£

Retained earnings
£

Total
£

At 1 July 2022

177,477

138,880

316,357

Deficit for the year

-

(10,495)

(10,495)

Other comprehensive income

(18,134)

(16,000)

(34,134)

Total comprehensive income

(18,134)

(26,495)

(44,629)

At 30 June 2023

159,343

112,385

271,728

 

England Fencing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

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 £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
8 High Street
Heathfield
East Sussex
TN21 8LS
United Kingdom

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 except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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.

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.

 

England Fencing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

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:

Asset class

Depreciation method and rate

Equipment

20% Straight Line

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.

Trade debtors are recognised at the transaction price, less provision for impairment. 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.

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 at the transaction price.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

 

England Fencing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 July 2023

38,744

38,744

At 30 June 2024

38,744

38,744

Depreciation

At 1 July 2023

24,708

24,708

Charge for the year

2,848

2,848

At 30 June 2024

27,556

27,556

Carrying amount

At 30 June 2024

11,188

11,188

At 30 June 2023

14,036

14,036

5

Debtors

2024
£

2023
£

Trade debtors

56,581

26,856

Prepayments

99,419

-

156,000

26,856

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

21,486

15,780

Taxation and social security

936

486

Accruals and deferred income

137,090

88,257

159,512

104,523

 

England Fencing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

7

Reserves

Other Reserves

Income and expenditure account

Total

As at 1 July 2023

159,343

112,385

271,728

Surplus for the year

34,785

34,785

Transfer of funds

25,000

(25,000)

-

Special reserve utilised during the year

(12,145)

(12,145)

As at 30 June 2024

172,198

122,170

294,368

8

Turnover and direct expenses

Income

Expenses

Surplus / (deficit)

£

£

£

Membership subscriptions

140,991

-

140,991

2022 Commonwealth Games Events - EF Support

-

-

England Youth Championships

26,545

(32,316)

(5,771)

Youth development

-

(9,235)

(9,235)

Team England - Senior Commonwealth

-

-

-

Team England - Senior Winton

2,086

(2,086)

-

Junior Commonwealth

-

-

-

Team England Team Kit

-

(15,145)

(15,145)

Equipment hire

320

-

320

EF Courses

-

-

-

169,942

(58,782)

111,160