Registered number
01179485
Hampton-In-Arden Sports Club Ltd
Filleted Accounts
30 April 2024
Hampton-In-Arden Sports Club Ltd
Registered number: 01179485
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 21,950 26,083
Current assets
Stocks 3,786 3,777
Debtors 4 6,221 5,714
Cash at bank and in hand 222,350 250,274
232,357 259,765
Creditors: amounts falling due within one year 5 (42,011) (51,859)
Net current assets 190,346 207,906
Total assets less current liabilities 212,296 233,989
Creditors: amounts falling due after more than one year 6 (28,949) (34,463)
New tennis court grant - -
Net assets 183,347 199,526
Reserves
General Reserves 183,347 199,526
Members' capital 8 183,347 199,526
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G R Hemington D J Morgans
Director Director
Approved by the board on 23 January 2025
Hampton-In-Arden Sports Club Ltd
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the value, net of value added tax, from bar sales and other activities.
Grants received
Income from grants is treated using the accrual model and recognised in the profit and loss on receipt.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Tennis courts over 8 and 10 years
Fixtures, fittings and equipment over 3 and 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
No liability to UK corporation tax arose on ordinary activities for the year as the club has CASC status.
Provisions
Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions are made into a workplace pension scheme for employees that are eligible or wish to contribute through automatic enrolment.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 8 6
3 Tangible fixed assets
Premises Sporting facilities Fixtures, fittings & equipment Total
£ £ £ £
Cost
At 1 May 2023 61,436 309,028 21,790 392,254
Additions - 1,690 524 2,214
At 30 April 2024 61,436 310,718 22,314 394,468
Depreciation
At 1 May 2023 61,435 294,450 10,286 366,171
Charge for the year - 3,032 3,315 6,347
At 30 April 2024 61,435 297,482 13,601 372,518
Net book value
At 30 April 2024 1 13,236 8,713 21,950
At 30 April 2023 1 14,578 11,504 26,083
4 Debtors 2024 2023
£ £
Trade debtors 3,822 3,823
Other debtors 2,399 1,891
6,221 5,714
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 5,514 5,514
Trade creditors 8,534 11,828
Deferred Grants 2,655 9,699
Other taxes and social security costs 3,587 1,343
Other creditors 21,721 23,475
42,011 51,859
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 28,949 34,463
7 Related party transactions
The company was under the control of the Directors throughout the current and previous year. No transactions with related parties were undertaken such as are required to be disclosed under FRS102, section 1A.
8 Company limited by guarantee
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £5 towards the assets of the company in the event of liquidation.
9 Other information
Hampton-In-Arden Sports Club Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Shadowbrook Lane
Hampton-In-Arden
Solihull
West Midlands
B92 0DQ
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