CAMPHILL COMMUNITY SPORTS CLUB CIC

Company limited by guarantee

Company Registration Number:
10150389 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

CAMPHILL COMMUNITY SPORTS CLUB CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CAMPHILL COMMUNITY SPORTS CLUB CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,926 3,258
Total fixed assets: 2,926 3,258
Current assets
Stocks: 4 4,739 4,120
Debtors: 5 655 0
Cash at bank and in hand: 18,890 22,925
Total current assets: 24,284 27,045
Creditors: amounts falling due within one year: 6 ( 1,797 ) ( 1,761 )
Net current assets (liabilities): 22,487 25,284
Total assets less current liabilities: 25,413 28,542
Total net assets (liabilities): 25,413 28,542
Members' funds
Profit and loss account: 25,413 28,542
Total members' funds: 25,413 28,542

The notes form part of these financial statements

CAMPHILL COMMUNITY SPORTS CLUB CIC

Balance sheet statements

For the year ending 30 April 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 6 March 2025
and signed on behalf of the board by:

Name: W Matthews
Status: Director

The notes form part of these financial statements

CAMPHILL COMMUNITY SPORTS CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 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, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - Straight line over 5 years

    Other accounting policies

    Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. 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.

CAMPHILL COMMUNITY SPORTS CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

CAMPHILL COMMUNITY SPORTS CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 8,052 8,052
Additions 779 779
Disposals
Revaluations
Transfers
At 30 April 2024 8,831 8,831
Depreciation
At 1 May 2023 4,794 4,794
Charge for year 1,111 1,111
On disposals
Other adjustments
At 30 April 2024 5,905 5,905
Net book value
At 30 April 2024 2,926 2,926
At 30 April 2023 3,258 3,258

CAMPHILL COMMUNITY SPORTS CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Stocks

2024 2023
£ £
Stocks 4,739 4,120
Total 4,739 4,120

CAMPHILL COMMUNITY SPORTS CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors

2024 2023
£ £
Other debtors 655 0
Total 655 0

CAMPHILL COMMUNITY SPORTS CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,797 1,761
Total 1,797 1,761

COMMUNITY INTEREST ANNUAL REPORT

CAMPHILL COMMUNITY SPORTS CLUB CIC

Company Number: 10150389 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The club has the use of the licensed premises located within a former Prison officers club. These premises are operated for the benefit of local sports groups operating within the facility and local community. Trading from the licenses bar, venue hire, hosting of events, sporting tournaments and private functions allows the company to invest in repairs and modernisation of the club facilities with the aim of promoting wider membership and more active engagement in the local community.

Consultation with stakeholders

The company’s stakeholders are residents of the local community and members of the sports clubs operated within the premises. The directors of the company have lived in the local area for a number of years and have developed a business model based on consultation with sub-committees and wider membership to establish the needs, preferences and expectations of the stakeholders. Those volunteering for the club are encouraged to pick up ideas for the business when talking to members and a suggestions box is available for members to provide details of facilities or services they would like the club to provide. Members have previously indicated they would like to acquire the sports complex from the Ministry of Justice, which has been investigated but is dependent on the availability of finance or grant funding.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: W Matthews
Status: Director