Registration number:
Hollam Sporting Club Limited
(A company limited by guarantee)
for the Period from 11 April 2023 to 29 February 2024
Hollam Sporting Club Limited
Contents
Balance Sheet |
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Notes to the Unaudited Financial Statements |
Hollam Sporting Club Limited
(Registration number: 14793014)
Balance Sheet as at 29 February 2024
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2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Profit and loss account |
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Shareholders' funds |
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For the financial period ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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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.
Approved and authorised by the
Mr M D R Rowan
Director
Mr C E R Fussell
Director
Hollam Sporting Club Limited
Notes to the Unaudited Financial Statements for the Period from 11 April 2023 to 29 February 2024
General information |
The company is a company limited by guarantee incorporated in England and Wales.
The address of its registered office is:
Accounting policies |
Statement of compliance
These financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
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.
Disclosure of long or short period
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 the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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 |
Motor vehicles |
25% Reducing balance |
Plant & Machinery |
20% Reducing balance |
Leasehold improvements |
2% Straight line |
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
Hollam Sporting Club Limited
Notes to the Unaudited Financial Statements for the Period from 11 April 2023 to 29 February 2024
Tangible assets |
Total |
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Cost or valuation |
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Additions |
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Disposals |
( |
At 29 February 2024 |
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Depreciation |
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Charge for the |
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At 29 February 2024 |
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Carrying amount |
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At 29 February 2024 |
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Debtors |
2024 |
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Trade debtors |
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Other debtors |
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Creditors |
2024 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Related party transactions |
Summary of transactions with other related parties
Interest is being charged at 5%.