Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-07-01falseNo description of principal activity3434truetruefalse 02768338 2023-07-01 2024-06-30 02768338 2022-07-01 2023-06-30 02768338 2024-06-30 02768338 2023-06-30 02768338 c:Director3 2023-07-01 2024-06-30 02768338 d:Buildings d:LongLeaseholdAssets 2023-07-01 2024-06-30 02768338 d:Buildings d:LongLeaseholdAssets 2024-06-30 02768338 d:Buildings d:LongLeaseholdAssets 2023-06-30 02768338 d:FurnitureFittings 2023-07-01 2024-06-30 02768338 d:FurnitureFittings 2024-06-30 02768338 d:FurnitureFittings 2023-06-30 02768338 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 02768338 d:OfficeEquipment 2023-07-01 2024-06-30 02768338 d:OfficeEquipment 2024-06-30 02768338 d:OfficeEquipment 2023-06-30 02768338 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 02768338 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 02768338 d:CurrentFinancialInstruments 2024-06-30 02768338 d:CurrentFinancialInstruments 2023-06-30 02768338 d:Non-currentFinancialInstruments 2024-06-30 02768338 d:Non-currentFinancialInstruments 2023-06-30 02768338 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 02768338 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 02768338 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 02768338 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 02768338 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 02768338 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 02768338 d:ShareCapital 2024-06-30 02768338 d:ShareCapital 2023-06-30 02768338 d:RetainedEarningsAccumulatedLosses 2024-06-30 02768338 d:RetainedEarningsAccumulatedLosses 2023-06-30 02768338 c:FRS102 2023-07-01 2024-06-30 02768338 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 02768338 c:FullAccounts 2023-07-01 2024-06-30 02768338 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 02768338 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 02768338










DARTFORD FC (1992) LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
DARTFORD FC (1992) LTD
REGISTERED NUMBER: 02768338

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
17,059
31,109

Current assets
  

Stocks
  
30,040
31,568

Debtors: amounts falling due within one year
 5 
35,425
54,454

Cash at bank and in hand
 6 
58,916
105,481

  
124,381
191,503

Creditors: amounts falling due within one year
 7 
(219,312)
(183,476)

Net current (liabilities)/assets
  
 
 
(94,931)
 
 
8,027

Total assets less current liabilities
  
(77,872)
39,136

Creditors: amounts falling due after more than one year
 8 
-
(66,500)

  

Net liabilities
  
(77,872)
(27,364)


Capital and reserves
  

Called up share capital 
  
192,514
191,324

Profit and loss account
  
(270,386)
(218,688)

  
(77,872)
(27,364)


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 statement of income and retained earnings 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 on 28 February 2025.

S J Irving
Director

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

Page 1

 
DARTFORD FC (1992) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Dartford F.C. (1992) Limited is a limited liability company incorporated and domiciled in England. The
address of the registered office is shown in the company information. The principal place of business is
Princes Park Stadium, Grassbanks, Dartford, Kent.

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

Going concern

These financial statements are prepapred on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future.
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

 
2.3

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 2

 
DARTFORD FC (1992) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
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:

L/Term Leasehold Property
-
over the period of the lease
Fixtures & fittings
-
25% straight line
Office equipment
-
20% 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

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 reporting 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.

 
2.8

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 3

 
DARTFORD FC (1992) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.9

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.

 
2.10

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 34 (2023 - 34).


4.


Tangible fixed assets





Long Term Leasehold Property
Fixtures & fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2023
27,067
53,965
1,665
82,697



At 30 June 2024

27,067
53,965
1,665
82,697



Depreciation


At 1 July 2023
13,198
36,725
1,665
51,588


Charge for the year on owned assets
4,306
9,744
-
14,050



At 30 June 2024

17,504
46,469
1,665
65,638



Net book value



At 30 June 2024
9,563
7,496
-
17,059



At 30 June 2023
13,869
17,240
-
31,109

Page 4

 
DARTFORD FC (1992) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Trade debtors
26,843
34,019

Prepayments and accrued income
8,582
20,435

35,425
54,454



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
58,916
105,481

58,916
105,481



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
50,500
9,403

Trade creditors
62,322
60,923

Other taxation and social security
5,234
4,363

Other creditors
30,606
26,836

Accruals and deferred income
70,650
81,951

219,312
183,476



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
-
66,500


Page 5

 
DARTFORD FC (1992) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Other loans
50,500
9,403

Amounts falling due 1-2 years

Other loans
-
66,500



50,500
75,903



10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £8,457 (2023 - £8,444). Contributions totalling £783 (2023 - £2,752) were payable to the fund at the reporting date and are included in creditors.


Page 6