REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2024 |
FOR |
BOLDMERE ST. MICHAEL'S FOOTBALL AND |
ATHLETIC CLUB LIMITED |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
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 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
RESERVES |
Revaluation reserve | 5 |
Capital redemption reserve |
Income and expenditure account |
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 were approved by the Board of Directors and authorised for issue on |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Land and buildings | - |
Plant and equipment | - |
Fixtures, fittings and equipment | - |
Computer equipment | - |
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 |
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 |
Additions |
At 31 May 2024 |
DEPRECIATION |
At 1 June 2023 |
Charge for year |
At 31 May 2024 |
NET BOOK VALUE |
At 31 May 2024 |
At 31 May 2023 |
5. | RESERVES |
Revaluation |
reserve |
£ |
At 1 June 2023 |
and 31 May 2024 |
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. |