FAVERSHAM TOWN FOOTBALL CLUB LIMITED

Company limited by guarantee

Company Registration Number:
09361401 (England and Wales)

Unaudited micro entity accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

FAVERSHAM TOWN FOOTBALL CLUB LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Balance sheet - 4
Footnotes to the Balance Sheet - 6

FAVERSHAM TOWN FOOTBALL CLUB LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 May 2024




Director: Gary Smart
Marc Leader
Paul Ramsden
Dean Kent
Matthew Croft
Paul Lovell
Philip Miles
Scott Davenport
Secretary: Gillie-Anne Johnson
Registered office: The Aquatherm Stadium
Salters Lane
Faversham
England
ME13 8YD
Company Registration Number: 09361401 (England and Wales)

FAVERSHAM TOWN FOOTBALL CLUB LIMITED

Company limited by guarantee

Balance sheet

As at 31 May 2024


2024
£

2023
£
Fixed Assets: 1,066,169 667,527
Current assets: 18,501 18,413
Creditors: amounts falling due within one year: ( 590,168 ) ( 674,584 )
Net current assets (liabilities): ( 571,667 ) ( 656,171 )
Total assets less current liabilities: 494,502 11,356
Creditors: amounts falling due after more than one year: ( 681,312 ) ( 56,747 )
Total net assets (liabilities): ( 186,810 ) ( 45,391 )
Reserves: ( 186,810 ) ( 45,391 )

FAVERSHAM TOWN FOOTBALL CLUB LIMITED

Company limited by guarantee

Balance sheet continued

For the year ending 31 May 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 27 February 2025
And Signed On Behalf Of The Board By:

Name: Gary Smart
Status: Director

The notes form part of these financial statements

FAVERSHAM TOWN FOOTBALL CLUB LIMITED

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Employee Information

    Average number of employees: 1

FAVERSHAM TOWN FOOTBALL CLUB LIMITED

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Off balance sheet disclosure

    OTHER FINANCIAL COMMENTS
    Creditors due within one year include grants received from sporting bodies of £434,242. The total amount was used to improve sporting facilities at Salters Lane
    The grants are repayable on demand should the football club fail to meet set conditions. It is the opinion of the directors that the club will continue to adhere to the conditions until the term of the grants have expired.