Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-3020falsetrue2023-07-01rugby club38trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10496347 2023-07-01 2024-06-30 10496347 2022-07-01 2023-06-30 10496347 2024-06-30 10496347 2023-06-30 10496347 c:Director1 2023-07-01 2024-06-30 10496347 d:CurrentFinancialInstruments 2024-06-30 10496347 d:CurrentFinancialInstruments 2023-06-30 10496347 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 10496347 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10496347 d:RetainedEarningsAccumulatedLosses 2024-06-30 10496347 d:RetainedEarningsAccumulatedLosses 2023-06-30 10496347 c:FRS102 2023-07-01 2024-06-30 10496347 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10496347 c:FullAccounts 2023-07-01 2024-06-30 10496347 c:CompanyLimitedByGuarantee 2023-07-01 2024-06-30 10496347 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 10496347









OLD ALBANIAN RUGBY FOOTBALL CLUB
(A Company Limited by Guarantee)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
OLD ALBANIAN RUGBY FOOTBALL CLUB
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 10496347

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
7,254
5,711

Debtors: amounts falling due within one year
 5 
-
61,967

Cash at bank and in hand
  
170,144
159,136

  
177,398
226,814

Creditors: amounts falling due within one year
 6 
(34,545)
(83,593)

Net current assets
  
 
 
142,853
 
 
143,221

Total assets less current liabilities
  
142,853
143,221

  

Net assets
  
142,853
143,221


Capital and reserves
  

Profit and loss account
  
142,853
143,221

  
142,853
143,221


Page 1

 
OLD ALBANIAN RUGBY FOOTBALL CLUB
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 10496347
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 profit and loss account 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 by: 



S E Bachmann
Director

Date: 20 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
OLD ALBANIAN RUGBY FOOTBALL CLUB

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Old Albanian Rugby Football Club is a company limited by guarantee and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the Company information page. The nature of the Company's operations and its principal activities are set out in the Directors’ report.

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

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. 

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
OLD ALBANIAN RUGBY FOOTBALL CLUB

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

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.

 
2.7

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.

 
2.8

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.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates.


4.


Employees




The average monthly number of employees, including directors, during the year was 20 (2023 - 38).

Page 4

 
OLD ALBANIAN RUGBY FOOTBALL CLUB

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
61,967

-
61,967



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
2,874

Other taxation and social security
1,721
6,960

Other creditors
5,418
2,073

Accruals and deferred income
27,406
71,686

34,545
83,593




7.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

Page 5