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REGISTERED NUMBER: 00473418 (England and Wales)












ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

BOLDMERE ST. MICHAEL'S FOOTBALL AND
ATHLETIC CLUB LIMITED

BOLDMERE ST. MICHAEL'S FOOTBALL AND
ATHLETIC CLUB LIMITED (REGISTERED NUMBER: 00473418)






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 ST. MICHAEL'S FOOTBALL AND
ATHLETIC CLUB LIMITED

COMPANY INFORMATION
for the year ended 31 May 2024







DIRECTORS: R Simmons
R J Cash
R W Mallaband
D Travers





REGISTERED OFFICE: Church Road
Boldmere
Sutton Coldfield
West Midlands
B73 5RY





REGISTERED NUMBER: 00473418 (England and Wales)






BOLDMERE ST. MICHAEL'S FOOTBALL AND
ATHLETIC CLUB LIMITED (REGISTERED NUMBER: 00473418)

ABRIDGED BALANCE SHEET
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 764,140 626,545

CURRENT ASSETS
Stocks 28,072 26,022
Debtors 109,404 132,862
Cash at bank and in hand 46,540 23,546
184,016 182,430
CREDITORS
Amounts falling due within one year 504,048 330,192
NET CURRENT LIABILITIES (320,032 ) (147,762 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

444,108

478,783

CREDITORS
Amounts falling due after more than one
year

104,113

148,739
NET ASSETS 339,995 330,044

RESERVES
Revaluation reserve 5 45,471 45,471
Capital redemption reserve 6,156 6,156
Income and expenditure account 288,368 278,417
339,995 330,044

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 surplus or deficit 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 ST. MICHAEL'S FOOTBALL AND
ATHLETIC CLUB LIMITED (REGISTERED NUMBER: 00473418)

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 Simmons - Director


BOLDMERE ST. MICHAEL'S FOOTBALL AND
ATHLETIC CLUB LIMITED (REGISTERED NUMBER: 00473418)

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

1. STATUTORY INFORMATION

BOLDMERE ST. MICHAEL'S FOOTBALL AND ATHLETIC CLUB LIMITED is a private company, limited by guarantee , 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.
Land and buildings - 5% on cost
Plant and equipment - 15% on reducing balance
Fixtures, fittings and equipment - 15% on reducing balance
Computer equipment - Straight line over 3 years

3G Football Pitches are depreciated over 10 years to their expected residual value.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 21 ) .

BOLDMERE ST. MICHAEL'S FOOTBALL AND
ATHLETIC CLUB LIMITED (REGISTERED NUMBER: 00473418)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 1,316,809
Additions 210,313
At 31 May 2024 1,527,122
DEPRECIATION
At 1 June 2023 690,264
Charge for year 72,718
At 31 May 2024 762,982
NET BOOK VALUE
At 31 May 2024 764,140
At 31 May 2023 626,545

5. RESERVES
Revaluation
reserve
£   
At 1 June 2023
and 31 May 2024 45,471

6. PENSION COMMITMENTS

There were outstanding employer pension commitments at the year end of £294 (2023 - £226).

7. 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.