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REGISTERED NUMBER: 09978128 (England and Wales)












ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

BOLDMERE STADIA LIMITED

BOLDMERE STADIA LIMITED (REGISTERED NUMBER: 09978128)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BOLDMERE STADIA LIMITED

COMPANY INFORMATION
for the year ended 31 May 2024







DIRECTORS: R W Mallaband
D Travers
R M Simmons





REGISTERED OFFICE: 2640 Kings Court
The Crescent
Birmingham Business Park
Birmingham
West Midlands
B37 7YE





REGISTERED NUMBER: 09978128 (England and Wales)






BOLDMERE STADIA LIMITED (REGISTERED NUMBER: 09978128)

ABRIDGED BALANCE SHEET
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 158,545 199,440

CURRENT ASSETS
Stocks - 690
Debtors 32,556 15,975
Cash at bank 31,363 26,038
63,919 42,703
CREDITORS
Amounts falling due within one year 146,241 134,066
NET CURRENT LIABILITIES (82,322 ) (91,363 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,223

108,077

CREDITORS
Amounts falling due after more than one
year

491,363

480,364
NET LIABILITIES (415,140 ) (372,287 )

CAPITAL AND RESERVES
Called up share capital 575 575
Retained earnings (415,715 ) (372,862 )
(415,140 ) (372,287 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BOLDMERE STADIA LIMITED (REGISTERED NUMBER: 09978128)

ABRIDGED BALANCE SHEET - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by:




R W Mallaband - Director



R M Simmons - Director


BOLDMERE STADIA LIMITED (REGISTERED NUMBER: 09978128)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2024

1. STATUTORY INFORMATION

Boldmere Stadia Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Turnover
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
3G Football pitches - Over 10 years
Plant & machinery - 25% on reducing balance
Stadium and fixtures - Straight line over 15 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

BOLDMERE STADIA LIMITED (REGISTERED NUMBER: 09978128)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 488,371
Additions 3,530
At 31 May 2024 491,901
DEPRECIATION
At 1 June 2023 288,931
Charge for year 44,425
At 31 May 2024 333,356
NET BOOK VALUE
At 31 May 2024 158,545
At 31 May 2023 199,440

5. PENSION COMMITMENTS

There were outstanding employer pension commitments at the year end of £43 (2023 - £58).

6. CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.