Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31true2023-09-01falseNo description of principal activity32truefalse 08110622 2023-09-01 2024-08-31 08110622 2022-09-01 2023-08-31 08110622 2024-08-31 08110622 2023-08-31 08110622 c:Director1 2023-09-01 2024-08-31 08110622 d:Buildings d:LongLeaseholdAssets 2023-09-01 2024-08-31 08110622 d:Buildings d:LongLeaseholdAssets 2024-08-31 08110622 d:Buildings d:LongLeaseholdAssets 2023-08-31 08110622 d:MotorVehicles 2023-09-01 2024-08-31 08110622 d:FurnitureFittings 2023-09-01 2024-08-31 08110622 d:FurnitureFittings 2024-08-31 08110622 d:FurnitureFittings 2023-08-31 08110622 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 08110622 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 08110622 d:CurrentFinancialInstruments 2024-08-31 08110622 d:CurrentFinancialInstruments 2023-08-31 08110622 d:Non-currentFinancialInstruments 2024-08-31 08110622 d:Non-currentFinancialInstruments 2023-08-31 08110622 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 08110622 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 08110622 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 08110622 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 08110622 d:ShareCapital 2024-08-31 08110622 d:ShareCapital 2023-08-31 08110622 d:RetainedEarningsAccumulatedLosses 2024-08-31 08110622 d:RetainedEarningsAccumulatedLosses 2023-08-31 08110622 c:FRS102 2023-09-01 2024-08-31 08110622 c:Audited 2023-09-01 2024-08-31 08110622 c:FullAccounts 2023-09-01 2024-08-31 08110622 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08110622 c:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08110622 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 08110622










WOODCHURCH HIGH SPORTS COMPLEX LIMITED










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
WOODCHURCH HIGH SPORTS COMPLEX LIMITED
REGISTERED NUMBER: 08110622

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,923,208
1,964,561

  
1,923,208
1,964,561

Current assets
  

Debtors: amounts falling due within one year
 5 
46,764
37,219

Cash at bank and in hand
 6 
260,938
228,660

  
307,702
265,879

Creditors: amounts falling due within one year
 7 
(46,227)
(12,297)

Net current assets
  
 
 
261,475
 
 
253,582

Total assets less current liabilities
  
2,184,683
2,218,143

Creditors: amounts falling due after more than one year
 8 
(303,339)
(289,719)

  

Net assets
  
1,881,344
1,928,424


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
1,881,343
1,928,423

  
1,881,344
1,928,424


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 5 December 2024.




Martyn Christopher Canham
Director

Page 1

 
WOODCHURCH HIGH SPORTS COMPLEX LIMITED
REGISTERED NUMBER: 08110622
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
WOODCHURCH HIGH SPORTS COMPLEX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

The company is a private limited company registered in England (registered number 08110622). The address of the principal place of business and registered office is Woodchurch High School, Carr Bridge Road, Wirral, Merseyside, CH49 7NG.

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

Going concern

After assessing the risks facing the company, the financial statements have been prepared on the going concern basis. 
The Directors consider that the Sports Complex will continue to be a going concern for the next twelve months, having taken into accounts projections for future growth. 

 
2.3

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:

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.

 
2.4

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 3

 
WOODCHURCH HIGH SPORTS COMPLEX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.4
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 method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
3%
Straight line
Fixtures and fittings - LED lighting
-
25%
Straight line
Fixtures and fittings
-
5%
Straight line

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.

 
2.5

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.

 
2.6

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.

 
2.7

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.


3.


Employees

The average number of employees, including directors, during the year was 3 (2023 - 2). 

Page 4

 
WOODCHURCH HIGH SPORTS COMPLEX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Long-term leasehold property
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 September 2023
2,650,000
45,959
2,695,959


Additions
-
28,967
28,967


Disposals
-
(22,516)
(22,516)



At 31 August 2024

2,650,000
52,410
2,702,410



Depreciation


At 1 September 2023
703,021
28,377
731,398


Charge for the year on owned assets
66,250
4,070
70,320


Disposals
-
(22,516)
(22,516)



At 31 August 2024

769,271
9,931
779,202



Net book value



At 31 August 2024
1,880,729
42,479
1,923,208



At 31 August 2023
1,946,979
17,582
1,964,561

Page 5

 
WOODCHURCH HIGH SPORTS COMPLEX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
35,666
32,510

Other debtors
7,471
660

Prepayments and accrued income
3,627
4,049

46,764
37,219



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
260,938
228,660

260,938
228,660



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
39,536
3,707

Accruals and deferred income
6,691
8,590

46,227
12,297



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
303,339
289,719

303,339
289,719


Other creditors relates to a sinking fund to maintain the Sports Complex facilities. 

Page 6

 
WOODCHURCH HIGH SPORTS COMPLEX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

9.


Related party transactions

The company has taken advantage of the exemption contained within section 33.1A of FRS 102 to not disclose transactions with wholly owned members of the same group.


10.


Controlling party

The company is under the ultimate control of Woodchurch High School by virtue of its controlling shareholding. The address of the registered office of Woodchurch High School is Carr Bridge Road, Woodchurch, Wirral, Merseyside, CH49 7NG. A copy of the consolidated accounts can be obtained from Companies House.

11.


Auditors' information

The auditors' report on the financial statements for the year ended 31 August 2024 was unqualified.

The audit report was signed on 5 December 2024 by A J McCall (Senior statutory auditor) on behalf of Langtons Professional Services Limited.

 
Page 7