Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01falseNo description of principal activity66falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13696480 2024-01-01 2024-12-31 13696480 2023-01-01 2023-12-31 13696480 2024-12-31 13696480 2023-12-31 13696480 c:Director5 2024-01-01 2024-12-31 13696480 d:PlantMachinery 2024-01-01 2024-12-31 13696480 d:PlantMachinery 2024-12-31 13696480 d:PlantMachinery 2023-12-31 13696480 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 13696480 d:MotorVehicles 2024-01-01 2024-12-31 13696480 d:MotorVehicles 2024-12-31 13696480 d:MotorVehicles 2023-12-31 13696480 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 13696480 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 13696480 d:CurrentFinancialInstruments 2024-12-31 13696480 d:CurrentFinancialInstruments 2023-12-31 13696480 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13696480 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13696480 d:RetainedEarningsAccumulatedLosses 2024-12-31 13696480 d:RetainedEarningsAccumulatedLosses 2023-12-31 13696480 c:FRS102 2024-01-01 2024-12-31 13696480 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13696480 c:FullAccounts 2024-01-01 2024-12-31 13696480 c:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 13696480 2 2024-01-01 2024-12-31 13696480 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 13696480










WOOLPIT CRICKET CLUB LIMITED
(A company limited by guarantee)








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
WOOLPIT CRICKET CLUB LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 13696480

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,461
4,482

  
4,461
4,482

Current assets
  

Debtors: amounts falling due within one year
 5 
3,518
2,265

Cash at bank and in hand
  
23,766
16,799

  
27,284
19,064

Creditors: amounts falling due within one year
 6 
(12,681)
(12,201)

Net current assets
  
 
 
14,603
 
 
6,863

Total assets less current liabilities
  
19,064
11,345

  

Net assets
  
19,064
11,345


Capital and reserves
  

Profit and loss account
  
19,064
11,345

  
19,064
11,345


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 income statement 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: 

Page 1

 
WOOLPIT CRICKET CLUB LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 13696480
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024


................................................
Mr P Loft
Director

Date: 18 March 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
WOOLPIT CRICKET CLUB LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Woolpit Cricket Club Limited is a private company limited by guarantee and incorporated in England and Wales, which meets the definition of a public benefit entity under FRS102. The registration number 13696480. The registered office is Saffron House, Old Stowmarket Road, Woolpit, Bury St Edmunds, Suffolk, IP30 9QS.
The company was incorporated on 21 October 2021 and began trading on 1 January 2023.

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. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
WOOLPIT CRICKET CLUB LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Income statement in the same period as the related expenditure.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
Straight line
Motor vehicles
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

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.

Page 4

 
WOOLPIT CRICKET CLUB LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023: 6)


4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 January 2024
4,980
-
4,980


Additions
-
1,200
1,200



At 31 December 2024

4,980
1,200
6,180



Depreciation


At 1 January 2024
498
-
498


Charge for the year on owned assets
996
225
1,221



At 31 December 2024

1,494
225
1,719



Net book value



At 31 December 2024
3,486
975
4,461



At 31 December 2023
4,482
-
4,482

Page 5

 
WOOLPIT CRICKET CLUB LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
2,975
75

Prepayments
543
2,190

3,518
2,265



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
495
188

Accruals and deferred income
12,186
12,013

12,681
12,201




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 6