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Company Registration No. 05706563 (England and Wales)
Richard Price Community Centre Limited Unaudited accounts for the year ended 31 March 2024
Richard Price Community Centre Limited Unaudited accounts Contents
Page
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Richard Price Community Centre Limited Company Information for the year ended 31 March 2024
Directors
Barbara Ann Davies Carl Douglas Davies Deborah Margaret Davies Tammy Louise Davies Laura Elizabeth Lewis
Company Number
05706563 (England and Wales)
Registered Office
Richard Price Centre Llangeinor Bridgend Mid Glamorgan CF32 8PF Wales
Accountants
ACCOUNTANCY SOLUTIONS TY DEWIN 16 STATION ROAD PORT TALBOT SA13 1JB
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Richard Price Community Centre Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
5,920 
1,489 
Creditors: amounts falling due within one year
(35,686)
(36,085)
Net current liabilities
(29,766)
(34,596)
Net liabilities
(29,766)
(34,596)
Reserves
Profit and loss account
(29,766)
(34,596)
Members' funds
(29,766)
(34,596)
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by
Deborah Margaret Davies Director Company Registration No. 05706563
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Richard Price Community Centre Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Richard Price Community Centre Limited is a private company, limited by guarantee, registered in England and Wales, registration number 05706563. The registered office is Richard Price Centre, Llangeinor, Bridgend, Mid Glamorgan, CF32 8PF, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Fixtures & fittings
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
3,510 
5,377 
8,887 
At 31 March 2024
3,510 
5,377 
8,887 
Depreciation
At 1 April 2023
3,510 
5,377 
8,887 
At 31 March 2024
3,510 
5,377 
8,887 
Net book value
At 31 March 2024
- 
- 
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
400 
Other creditors
35,686 
35,685 
35,686 
36,085 
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Richard Price Community Centre Limited Notes to the Accounts for the year ended 31 March 2024
6
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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