Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false2023-05-01false55falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08756390 2023-05-01 2024-04-30 08756390 2022-05-01 2023-04-30 08756390 2024-04-30 08756390 2023-04-30 08756390 c:Director6 2023-05-01 2024-04-30 08756390 d:Buildings d:LongLeaseholdAssets 2023-05-01 2024-04-30 08756390 d:Buildings d:LongLeaseholdAssets 2024-04-30 08756390 d:Buildings d:LongLeaseholdAssets 2023-04-30 08756390 d:PlantMachinery 2023-05-01 2024-04-30 08756390 d:PlantMachinery 2024-04-30 08756390 d:PlantMachinery 2023-04-30 08756390 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 08756390 d:FurnitureFittings 2023-05-01 2024-04-30 08756390 d:OfficeEquipment 2023-05-01 2024-04-30 08756390 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 08756390 d:CurrentFinancialInstruments 2024-04-30 08756390 d:CurrentFinancialInstruments 2023-04-30 08756390 d:Non-currentFinancialInstruments 2024-04-30 08756390 d:Non-currentFinancialInstruments 2023-04-30 08756390 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 08756390 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 08756390 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 08756390 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 08756390 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 08756390 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 08756390 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-04-30 08756390 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-04-30 08756390 d:RetainedEarningsAccumulatedLosses 2024-04-30 08756390 d:RetainedEarningsAccumulatedLosses 2023-04-30 08756390 c:FRS102 2023-05-01 2024-04-30 08756390 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08756390 c:FullAccounts 2023-05-01 2024-04-30 08756390 c:CompanyLimitedByGuarantee 2023-05-01 2024-04-30 08756390 d:Subsidiary1 2023-05-01 2024-04-30 08756390 d:Subsidiary1 1 2023-05-01 2024-04-30 08756390 6 2023-05-01 2024-04-30 08756390 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
                                                                                                                    Registered number: 08756390














HOLT RUGBY FOOTBALL CLUB LIMITED
(A company limited by guarantee)


UNAUDITED

DIRECTORS REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
HOLT RUGBY FOOTBALL CLUB LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 08756390

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
400,376
424,693

Investments
 5 
1
1

  
400,377
424,694

Current assets
  

Stocks
  
3,000
3,000

Debtors: amounts falling due within one year
 6 
57,022
17,204

Cash at bank and in hand
 7 
85,473
64,975

  
145,495
85,179

Creditors: amounts falling due within one year
 8 
(64,913)
(40,745)

Net current assets
  
 
 
80,582
 
 
44,434

Total assets less current liabilities
  
480,959
469,128

Creditors: amounts falling due after more than one year
 9 
(41,690)
(48,354)

  

Net assets
  
439,269
420,774


Capital and reserves
  

Profit and loss account
  
439,269
420,774

  
439,269
420,774


Page 1

 
HOLT RUGBY FOOTBALL CLUB LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 08756390
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The directors consider 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 year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 income statement 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: 


................................................
Mr P J Williams
Director

Date: 22 January 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
HOLT RUGBY FOOTBALL CLUB LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Holt Rugby Football Club Limited is a company limited by guarantee and incorporated in England and Wales, registration number 08756390.  The registered office is Summerhill House, 1 Sculthorpe Road, Fakenham. Norfolk NR21 9HA.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant account policies applied in the preparation of these financial statement are set out below.  These polices have been consistently applied to all years presented unless otherwise stated.

 
2.2

Going concern

The directors have considered the company’s position at the time of signing the financial statements Based on this, the Directors have concluded that they have a reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future, being at least twelve months from the date of signing these financial statements, and they therefore continue to adopt the going concern basis of accounting in preparing these financial statements.

Page 3

 
HOLT RUGBY FOOTBALL CLUB LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.3

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
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.

Page 4

 
HOLT RUGBY FOOTBALL CLUB LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

L/Term Leasehold Property
-
4%
straight line
Plant & machinery
-
100%
Fixtures & fittings
-
100%
Office equipment
-
100%

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.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 5 (2023 - 5).

Page 5

 
HOLT RUGBY FOOTBALL CLUB LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





L/Term Leasehold Property
Plant & machinery
Total

£
£
£



Cost or valuation


At 1 May 2023
729,524
95,146
824,670


Additions
5,067
28,836
33,903



At 30 April 2024

734,591
123,982
858,573



Depreciation


At 1 May 2023
304,831
95,146
399,977


Charge for the year on owned assets
29,384
28,836
58,220



At 30 April 2024

334,215
123,982
458,197



Net book value



At 30 April 2024
400,376
-
400,376



At 30 April 2023
424,693
-
424,693


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost 


At 1 May 2023
1



At 30 April 2024
1




Page 6

 
HOLT RUGBY FOOTBALL CLUB LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Class of shares

Holding

Holt Rugby Football Club (Trading) Limited
Summerhill House, 1 Sculthorpe Road, Fakenham, Norfolk, NR21 9HA
Ordinary
100%

The aggregate of the share capital and reserves as at 30 April 2024 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:

Name
Aggregate of share capital and reserves
Profit/
(Loss)

Holt Rugby Football Club (Trading) Limited
19,687
76,374


6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
53,508
17,204

Prepayments and accrued income
3,514
-

57,022
17,204



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
85,473
64,975

85,473
64,975


Page 7

 
HOLT RUGBY FOOTBALL CLUB LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
6,664
6,664

Trade creditors
40,748
24,097

Other taxation and social security
9,607
6,384

Other creditors
70
-

Accruals and deferred income
7,824
3,600

64,913
40,745



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
41,690
48,354

41,690
48,354


Page 8

 
HOLT RUGBY FOOTBALL CLUB LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Other loans & Members loans
6,664
6,664


6,664
6,664


Amounts falling due 2-5 years

Other loans
26,656
26,656


26,656
26,656

Amounts falling due after more than 5 years

Other loans
15,034
21,698

15,034
21,698

48,354
55,018


Other loans is a loan from the Rugby Football Foundation. The loan is interest free and repayable by quarterly installments of £1,666. 



11.


Company status

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


12.


Related party transactions

The company has taken advantage of the exemption not to disclose transactions with wholly owned group companies. 

 
Page 9