Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30Operation of sports facilitiesfalsefalse2023-07-01false126trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13433777 2023-07-01 2024-04-30 13433777 2022-07-01 2023-06-30 13433777 2024-04-30 13433777 2023-06-30 13433777 2022-07-01 13433777 c:Director1 2023-07-01 2024-04-30 13433777 d:Buildings d:ShortLeaseholdAssets 2023-07-01 2024-04-30 13433777 d:Buildings d:ShortLeaseholdAssets 2024-04-30 13433777 d:Buildings d:ShortLeaseholdAssets 2023-06-30 13433777 d:PlantMachinery 2023-07-01 2024-04-30 13433777 d:PlantMachinery 2024-04-30 13433777 d:PlantMachinery 2023-06-30 13433777 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-04-30 13433777 d:FurnitureFittings 2023-07-01 2024-04-30 13433777 d:FurnitureFittings 2024-04-30 13433777 d:FurnitureFittings 2023-06-30 13433777 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-04-30 13433777 d:OwnedOrFreeholdAssets 2023-07-01 2024-04-30 13433777 d:CurrentFinancialInstruments 2024-04-30 13433777 d:CurrentFinancialInstruments 2023-06-30 13433777 d:Non-currentFinancialInstruments 2024-04-30 13433777 d:Non-currentFinancialInstruments 2023-06-30 13433777 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13433777 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 13433777 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 13433777 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 13433777 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 13433777 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 13433777 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 13433777 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 13433777 d:ShareCapital 2024-04-30 13433777 d:ShareCapital 2023-06-30 13433777 d:RetainedEarningsAccumulatedLosses 2024-04-30 13433777 d:RetainedEarningsAccumulatedLosses 2023-06-30 13433777 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 13433777 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 13433777 c:OrdinaryShareClass1 2023-07-01 2024-04-30 13433777 c:OrdinaryShareClass1 2024-04-30 13433777 c:OrdinaryShareClass1 2023-06-30 13433777 c:FRS102 2023-07-01 2024-04-30 13433777 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-04-30 13433777 c:FullAccounts 2023-07-01 2024-04-30 13433777 c:PrivateLimitedCompanyLtd 2023-07-01 2024-04-30 13433777 2 2023-07-01 2024-04-30 13433777 e:PoundSterling 2023-07-01 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13433777









PRO SOCCER CENTRES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 APRIL 2024

 
PRO SOCCER CENTRES LIMITED
REGISTERED NUMBER: 13433777

BALANCE SHEET
AS AT 30 APRIL 2024

30 April
30 June
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
767,386
686,980

  
767,386
686,980

Current assets
  

Stocks
 5 
8,240
7,801

Debtors: amounts falling due within one year
 6 
101,452
10,900

Cash at bank and in hand
 7 
12,798
7,595

  
122,490
26,296

Creditors: amounts falling due within one year
 8 
(224,998)
(530,207)

Net current liabilities
  
 
 
(102,508)
 
 
(503,911)

Total assets less current liabilities
  
664,878
183,069

Creditors: amounts falling due after more than one year
 9 
(436,065)
-

Provisions for liabilities
  

Deferred tax
 11 
(41,022)
(25,781)

  
 
 
(41,022)
 
 
(25,781)

Net assets
  
187,791
157,288


Capital and reserves
  

Called up share capital 
 12 
100
100

Profit and loss account
  
187,691
157,188

  
187,791
157,288


Page 1

 
PRO SOCCER CENTRES LIMITED
REGISTERED NUMBER: 13433777
    
BALANCE SHEET (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 period 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 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 on 30 January 2025.




S K Le-Gassick
Director

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
PRO SOCCER CENTRES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

1.


General information

Pro Soccer Centres Limited is a private company limited by shares and incorporated in England and Wales. The registered office of the company is Room 5 Fountain House, Crossways Business Park, Anchor Boulevard, Dartford, Kent, United Kingdom, DA2 6QH.
The principal activity of the company is that of operation of sports facilities.

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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Sale of goods

Revenue 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 revenue 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

Revenue 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 revenue 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.

Page 3

 
PRO SOCCER CENTRES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

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.

 
2.6

Borrowing costs

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

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
PRO SOCCER CENTRES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. 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 balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.9

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 5

 
PRO SOCCER CENTRES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

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

Depreciation is provided on the following basis:

Short-term leasehold property
-
39 years straight-line
Plant and machinery
-
39 years straight-line
Fixtures and fittings
-
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.

During the period there was a change in depreciation policy for both short term leasehold property and plant and machinery, increasing from 5 and 10 years respectively on a straight line basis to 39 years straight line over the term of the lease. The overall effect to depreciation charged during the year was a reduction from £33,420 to a credit of £13,758.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

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.

 
2.12

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.

 
2.13

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.

Page 6

 
PRO SOCCER CENTRES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.15

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

 
2.16

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 12 (2023 - 6).

Page 7

 
PRO SOCCER CENTRES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

4.


Tangible fixed assets







Short-term leasehold property
Plant and machinery
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 July 2023
631,963
60,902
110,298
803,163


Additions
79,841
-
-
79,841



At 30 April 2024

711,804
60,902
110,298
883,004



Depreciation


At 1 July 2023
58,821
10,392
46,970
116,183


Charge for the period on owned assets
(8,051)
(5,707)
13,193
(565)



At 30 April 2024

50,770
4,685
60,163
115,618



Net book value



At 30 April 2024
661,034
56,217
50,135
767,386



At 30 June 2023
573,142
50,510
63,328
686,980


5.


Stocks

30 April
30 June
2024
2023
£
£

Finished goods and goods for resale
8,240
7,801

8,240
7,801


Page 8

 
PRO SOCCER CENTRES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

6.


Debtors

30 April
30 June
2024
2023
£
£


Trade debtors
11,060
10,900

Other debtors
3,585
-

Prepayments and accrued income
86,807
-

101,452
10,900



7.


Cash and cash equivalents

30 April
30 June
2024
2023
£
£

Cash at bank and in hand
12,798
7,595

12,798
7,595



8.


Creditors: Amounts falling due within one year

30 April
30 June
2024
2023
£
£

Bank loans
22,699
42,549

Trade creditors
121,049
14,090

Other taxation and social security
1,752
17,504

Other creditors
75,000
453,832

Accruals and deferred income
4,498
2,232

224,998
530,207


Page 9

 
PRO SOCCER CENTRES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

9.


Creditors: Amounts falling due after more than one year

30 April
30 June
2024
2023
£
£

Bank loans
161,970
-

Other creditors
274,095
-

436,065
-


Bank loans are secured upon the company's short term leasehold property.


10.


Loans


Analysis of the maturity of loans is given below:


30 April
30 June
2024
2023
£
£

Amounts falling due within one year

Bank loans
22,699
42,549

Amounts falling due 1-2 years

Bank loans
25,578
-

Amounts falling due 2-5 years

Bank loans
136,392
-


184,669
42,549



11.


Deferred taxation






2024
2023


£

£






At beginning of year
(25,781)
(24,472)


Charged to profit or loss
(15,241)
(1,309)



At end of year
(41,022)
(25,781)

Page 10

 
PRO SOCCER CENTRES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024
 
11.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

30 April
30 June
2024
2023
£
£


Accelerated capital allowances
(41,022)
(25,781)

(41,022)
(25,781)


12.


Share capital

30 April
30 June
2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



13.


Pension commitments

The company operates two defined contribution pension schemes. Contributions paid to the schemes in the period were £1,244 (2023: £1,210). The pensions cost charge represents contributions payable by the company to the funds and amounted to £140 (2023: £363).


14.


Related party transactions

Included within creditors due within one year is an amount of £75,000 (2023 - £351,869) to a company under common control.
Included within creditors due within more than one year is an amount of £274,095 
(2023 - £Nil) to a company under common control.
Directors had an interest in dividends paid during the year of £13,500 (2023 - £Nil)


15.


Controlling party

The directors are the ultimate controlling party of the company by virtue of their shareholdings.

 
Page 11