IRIS Accounts Production v24.3.2.46 07506829 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075068292023-06-30075068292024-06-30075068292023-07-012024-06-30075068292022-06-30075068292022-07-012023-06-30075068292023-06-3007506829ns15:EnglandWales2023-07-012024-06-3007506829ns14:PoundSterling2023-07-012024-06-3007506829ns10:Director12023-07-012024-06-3007506829ns10:CompanyLimitedByGuarantee2023-07-012024-06-3007506829ns10:SmallEntities2023-07-012024-06-3007506829ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3007506829ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3007506829ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3007506829ns10:FullAccounts2023-07-012024-06-3007506829ns10:Director32023-07-012024-06-3007506829ns10:Director42023-07-012024-06-3007506829ns10:Director52023-07-012024-06-3007506829ns10:Director62023-07-012024-06-3007506829ns10:Director82023-07-012024-06-3007506829ns10:Director92023-07-012024-06-3007506829ns10:Director102023-07-012024-06-3007506829ns10:Director112023-07-012024-06-3007506829ns10:CompanySecretary12023-07-012024-06-3007506829ns10:RegisteredOffice2023-07-012024-06-3007506829ns5:CurrentFinancialInstruments2024-06-3007506829ns5:CurrentFinancialInstruments2023-06-3007506829ns5:Non-currentFinancialInstruments2024-06-3007506829ns5:Non-currentFinancialInstruments2023-06-3007506829ns5:RetainedEarningsAccumulatedLosses2024-06-3007506829ns5:RetainedEarningsAccumulatedLosses2023-06-3007506829ns5:LandBuildings2023-06-3007506829ns5:PlantMachinery2023-06-3007506829ns5:ComputerEquipment2023-06-3007506829ns5:LandBuildings2023-07-012024-06-3007506829ns5:PlantMachinery2023-07-012024-06-3007506829ns5:ComputerEquipment2023-07-012024-06-3007506829ns5:LandBuildings2024-06-3007506829ns5:PlantMachinery2024-06-3007506829ns5:ComputerEquipment2024-06-3007506829ns5:LandBuildings2023-06-3007506829ns5:PlantMachinery2023-06-3007506829ns5:ComputerEquipment2023-06-3007506829ns5:CostValuation2023-06-3007506829ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3007506829ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3007506829ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-06-3007506829ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-06-3007506829ns5:WithinOneYear2024-06-3007506829ns5:WithinOneYear2023-06-3007506829ns5:BetweenOneFiveYears2024-06-3007506829ns5:BetweenOneFiveYears2023-06-3007506829ns5:MoreThanFiveYears2024-06-3007506829ns5:MoreThanFiveYears2023-06-3007506829ns5:AllPeriods2024-06-3007506829ns5:AllPeriods2023-06-30
REGISTERED NUMBER: 07506829 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

BROADWATER SPORTS CLUB LIMITED

BROADWATER SPORTS CLUB LIMITED (REGISTERED NUMBER: 07506829)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BROADWATER SPORTS CLUB LIMITED

COMPANY INFORMATION
For The Year Ended 30 June 2024







DIRECTORS: J P Allen
D R J Kemp
R A Newnes-Smith
A V W Turns
P Burden
C B Scott
G N Simons
N R Powell
L M E Wilson





SECRETARY: L M E Wilson





REGISTERED OFFICE: The Pavilion
Guildford Road
Godalming
Surrey
GU7 3DH





REGISTERED NUMBER: 07506829 (England and Wales)

BROADWATER SPORTS CLUB LIMITED (REGISTERED NUMBER: 07506829)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 667,237 689,771
Investments 5 1 1
667,238 689,772

CURRENT ASSETS
Stocks 2,343 3,879
Debtors 6 7,434 7,054
Cash at bank 34,170 25,606
43,947 36,539
CREDITORS
Amounts falling due within one year 7 79,832 65,924
NET CURRENT LIABILITIES (35,885 ) (29,385 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

631,353

660,387

CREDITORS
Amounts falling due after more than one year 8 140,702 145,700
NET ASSETS 490,651 514,687

RESERVES
Income and expenditure account 490,651 514,687
490,651 514,687

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 March 2025 and were signed on its behalf by:





D R J Kemp - Director


BROADWATER SPORTS CLUB LIMITED (REGISTERED NUMBER: 07506829)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 June 2024


1. STATUTORY INFORMATION

Broadwater Sports 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.

Turnover
Turnover represents sales of community amateur sports club services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - In accordance with the property lease
Plant and machinery - 20% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are stated at the lower of cost and estimated selling price, less costs to complete and sell. Cost includes all costs of purchase, including costs to bring stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 are charged to the profit and loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

BROADWATER SPORTS CLUB LIMITED (REGISTERED NUMBER: 07506829)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 June 2024


4. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 July 2023 1,163,401 83,929 8,874 1,256,204
Additions 2,480 765 - 3,245
At 30 June 2024 1,165,881 84,694 8,874 1,259,449
DEPRECIATION
At 1 July 2023 508,684 50,524 7,225 566,433
Charge for year 18,578 6,789 412 25,779
At 30 June 2024 527,262 57,313 7,637 592,212
NET BOOK VALUE
At 30 June 2024 638,619 27,381 1,237 667,237
At 30 June 2023 654,717 33,405 1,649 689,771

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023
and 30 June 2024 1
NET BOOK VALUE
At 30 June 2024 1
At 30 June 2023 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 218 150
Other debtors 21 58
Prepayments and accrued income 7,195 6,846
7,434 7,054

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,664 8,330
Trade creditors 35,798 19,961
Amounts owed to group undertakings 21,896 27,096
Social security and other taxes 8,216 5,372
Other creditors 814 1,491
Accruals and deferred income 6,444 3,674
79,832 65,924

BROADWATER SPORTS CLUB LIMITED (REGISTERED NUMBER: 07506829)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 June 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
RFU Loans - due over 1 year 140,702 145,700

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 4,375 4,375
Between one and five years 21,875 17,500
In more than five years 150,938 155,312
177,188 177,187

10. RELATED PARTY DISCLOSURES

The company has taken advantage of the exemptions provided by paragraph 1AC.35 of FRS 102 and has not disclosed transactions entered into between two or more members of a group, provided that any subsidiary undertaking which is party to the transaction is wholly owned by a member of that group.

11. LIMITED BY GUARANTEE

The company is limited by guarantee. In the event of winding up, the liability of each member is limited to £1.