BENBURB FOOTBALL CLUB C.I.C.

Company limited by guarantee

Company Registration Number:
SC563153 (Scotland)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

BENBURB FOOTBALL CLUB C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BENBURB FOOTBALL CLUB C.I.C.

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 15,930 16,922
Total fixed assets: 15,930 16,922
Current assets
Stocks: 4 500 500
Cash at bank and in hand: 28,511 18,394
Total current assets: 29,011 18,894
Creditors: amounts falling due within one year: 5 ( 2,872 ) ( 3,669 )
Net current assets (liabilities): 26,139 15,225
Total assets less current liabilities: 42,069 32,147
Creditors: amounts falling due after more than one year: 6 ( 7,200 ) ( 10,800 )
Total net assets (liabilities): 34,869 21,347
Members' funds
Profit and loss account: 34,869 21,347
Total members' funds: 34,869 21,347

The notes form part of these financial statements

BENBURB FOOTBALL CLUB C.I.C.

Balance sheet statements

For the year ending 31 July 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 applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 4 March 2025
and signed on behalf of the board by:

Name: Ginean Peacock
Status: Director

The notes form part of these financial statements

BENBURB FOOTBALL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives

    Other accounting policies

    Stocks and Work in Progress Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

BENBURB FOOTBALL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 2

BENBURB FOOTBALL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 26,729 2,437 3,500 32,666
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 26,729 2,437 3,500 32,666
Depreciation
At 1 August 2023 10,099 2,180 3,465 15,744
Charge for year 700 257 35 992
On disposals
Other adjustments
At 31 July 2024 10,799 2,437 3,500 16,736
Net book value
At 31 July 2024 15,930 0 0 15,930
At 31 July 2023 16,630 257 35 16,922

BENBURB FOOTBALL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Stocks

2024 2023
£ £
Stocks 500 500
Total 500 500

BENBURB FOOTBALL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 45
Taxation and social security 184 666
Other creditors 2,643 3,003
Total 2,872 3,669

BENBURB FOOTBALL CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 7,200 10,800
Total 7,200 10,800

COMMUNITY INTEREST ANNUAL REPORT

BENBURB FOOTBALL CLUB C.I.C.

Company Number: SC563153 (Scotland)

Year Ending: 31 July 2024

Company activities and impact

The company runs a sports training facility and an integrated cafe in the town of Govan with a particular emphasis on aiding local clubs. During the financial year 2023-2024, the club’s activities have benefited the community in the following ways: - local residents - what would otherwise be derelict ground has been maintained to a high standard and used by the wider community, thus safeguarding the area and deterring vandals. - the club is largely run by volunteers on a part-time basis, benefiting those with a love for the game of football. - the training facility allows teams who would otherwise have nowhere to train a safe space to thrive and hone their skills. - the club boosts the morale of the players and all involved in the running of the facility, with a real community vibe, enhancing its surroundings.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £21,497. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 March 2025

And signed on behalf of the board by:
Name: Ginean Peacock
Status: Director