Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30true2023-07-01falseNo description of principal activity1211trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03740577 2023-07-01 2024-06-30 03740577 2022-07-01 2023-06-30 03740577 2024-06-30 03740577 2023-06-30 03740577 2022-07-01 03740577 2 2023-07-01 2024-06-30 03740577 2 2022-07-01 2023-06-30 03740577 d:CompanySecretary1 2023-07-01 2024-06-30 03740577 d:Director2 2023-07-01 2024-06-30 03740577 d:Director3 2023-07-01 2024-06-30 03740577 d:Director4 2023-07-01 2024-06-30 03740577 d:Director5 2023-07-01 2024-06-30 03740577 d:Director6 2023-07-01 2024-06-30 03740577 d:Director8 2023-07-01 2024-06-30 03740577 d:Director9 2023-07-01 2024-06-30 03740577 d:Director10 2023-07-01 2024-06-30 03740577 d:Director12 2023-07-01 2024-06-30 03740577 d:Director13 2023-07-01 2024-06-30 03740577 d:Director14 2023-07-01 2024-06-30 03740577 d:Director15 2023-07-01 2024-06-30 03740577 d:RegisteredOffice 2023-07-01 2024-06-30 03740577 e:Buildings e:LongLeaseholdAssets 2023-07-01 2024-06-30 03740577 e:Buildings e:LongLeaseholdAssets 2024-06-30 03740577 e:Buildings e:LongLeaseholdAssets 2023-06-30 03740577 e:FurnitureFittings 2023-07-01 2024-06-30 03740577 e:FurnitureFittings 2024-06-30 03740577 e:FurnitureFittings 2023-06-30 03740577 e:FurnitureFittings e:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03740577 e:OfficeEquipment 2023-07-01 2024-06-30 03740577 e:OfficeEquipment 2024-06-30 03740577 e:OfficeEquipment 2023-06-30 03740577 e:OfficeEquipment e:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03740577 e:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03740577 e:CurrentFinancialInstruments 2024-06-30 03740577 e:CurrentFinancialInstruments 2023-06-30 03740577 e:CurrentFinancialInstruments e:WithinOneYear 2024-06-30 03740577 e:CurrentFinancialInstruments e:WithinOneYear 2023-06-30 03740577 e:ForeignCurrencyTranslationReserve 2024-06-30 03740577 e:ForeignCurrencyTranslationReserve 2 2023-07-01 2024-06-30 03740577 e:ForeignCurrencyTranslationReserve 2023-06-30 03740577 e:ForeignCurrencyTranslationReserve 2022-07-01 03740577 e:ForeignCurrencyTranslationReserve 2 2022-07-01 2023-06-30 03740577 e:RetainedEarningsAccumulatedLosses 2023-07-01 2024-06-30 03740577 e:RetainedEarningsAccumulatedLosses 2024-06-30 03740577 e:RetainedEarningsAccumulatedLosses 2 2023-07-01 2024-06-30 03740577 e:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 03740577 e:RetainedEarningsAccumulatedLosses 2023-06-30 03740577 e:RetainedEarningsAccumulatedLosses 2022-07-01 03740577 e:RetainedEarningsAccumulatedLosses 2 2022-07-01 2023-06-30 03740577 d:FRS102 2023-07-01 2024-06-30 03740577 d:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 03740577 d:FullAccounts 2023-07-01 2024-06-30 03740577 d:CompanyLimitedByGuarantee 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 03740577









CAMBRIDGESHIRE FOOTBALL ASSOCIATION LIMITED
(A company limited by guarantee)








FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2024

 
CAMBRIDGESHIRE FOOTBALL ASSOCIATION LIMITED
 
(A company limited by guarantee)
 
 
COMPANY INFORMATION


Directors
A Alvarez 
A Beattie 
P D Brasher 
A Durman 
N J Fletcher 
I M Greenstock 
J Greenstock 
P W Hill 
J C Knox 
T Martin 
Dr B H M Meldal 
M Mizon 




Company secretary
J C Knox



Registered number
03740577



Registered office
CFA Headquarters
Bridge Road

Impington

Cambridge

Cambridgeshire

CB24 9PH




Accountants
Lakin Rose Limited
Chartered Accountants

Cambridge House

Camboro Business Park

Girton

Cambridge

CB3 0QH





 
CAMBRIDGESHIRE FOOTBALL ASSOCIATION LIMITED
 
(A company limited by guarantee)
 

CONTENTS



Page
Balance sheet
 
1 - 2
Statement of changes in equity
 
3
Notes to the financial statements
 
4 - 7


 
CAMBRIDGESHIRE FOOTBALL ASSOCIATION LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 03740577

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
                                                                         Note
£
£

Fixed assets
  

Tangible assets
 4 
1,310,967
1,311,987

  
1,310,967
1,311,987

Current assets
  

Stocks
  
1,714
1,731

Debtors: amounts falling due within one year
 5 
69,230
84,396

Cash at bank and in hand
  
646,513
615,573

  
717,457
701,700

Creditors: amounts falling due within one year
 6 
(287,817)
(263,371)

Net current assets
  
 
 
429,640
 
 
438,329

Total assets less current liabilities
  
1,740,607
1,750,316

  

Net assets
  
1,740,607
1,750,316


Capital and reserves
  

Restricted project fund
 8 
206,721
194,422

Unrestricted funds
 8 
1,533,886
1,555,894

  
1,740,607
1,750,316


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 period 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.
 
Page 1

 
CAMBRIDGESHIRE FOOTBALL ASSOCIATION LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 03740577
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024


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 on 26 March 2025.




J C Knox
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
CAMBRIDGESHIRE FOOTBALL ASSOCIATION LIMITED
 
(A company limited by guarantee)
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 JUNE 2024


Project fund
Profit and loss account
Total equity

£
£
£


At 1 July 2022
186,800
1,487,616
1,674,416



Profit for the year
-
75,900
75,900

Transfer from profit and loss account
7,622
(7,622)
-



At 1 July 2023
194,422
1,555,894
1,750,316



Loss for the period
-
(9,709)
(9,709)

Transfer from profit and loss account
12,299
(12,299)
-


At 30 June 2024
206,721
1,533,886
1,740,607


The notes on pages 4 to 7 form part of these financial statements.

The Project Fund has been disclosed as a designated fund and has been created for the purpose of potential future investment in a football facility.

Page 3

 
CAMBRIDGESHIRE FOOTBALL ASSOCIATION LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

The company is a private company limited by guarantee and is incorporated in England and Wales. The address of its registered office is CFA Headquarters, Bridge Road, Impington, Cambridge, Cambridgeshire, CB24 9PH.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The balance sheet includes total reserves of £1,750,316 of which £296,622 consists of operational reserves. This meets a stipulation of The Football Association to ring fence funds to allow the Association to operate for eight months without funding. 

 
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:

Turnover represents grants received from various bodies, subscriptions and fees from member clubs. Course income is recognised once the course is carried out.

 
2.4

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.

  
2.5

Fund accounting

Restricted funds are separately disclosed because of specific restrictions imposed by the donors or because the funds have been raised for particular purposes. The income and costs relevant are allocated against each specific fund.

Page 4

 
CAMBRIDGESHIRE FOOTBALL ASSOCIATION LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

Taxation

The company operates as a Mutual Trading Organisation and is, therefore, not subject to tax on any profits generated from this source, suffering tax on profits from investment activity only.  

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.

 
2.8

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:

Long term leasehold property
-
2% straight line
Fixtures & fittings
-
33% straight line
Office equipment
-
33% 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.

Page 5

 
CAMBRIDGESHIRE FOOTBALL ASSOCIATION LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

3.


Employees

The average monthly number of employees, including directors, during the period was 12 (2023 - 11).


4.


Tangible fixed assets





Long-Term Leasehold Property
Fixtures & fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2023
1,330,400
43,334
140,894
1,514,628


Additions
-
-
183
183



At 30 June 2024

1,330,400
43,334
141,077
1,514,811



Depreciation


At 1 July 2023
18,413
43,334
140,894
202,641


Charge for the period on owned assets
1,188
-
15
1,203



At 30 June 2024

19,601
43,334
140,909
203,844



Net book value



At 30 June 2024
1,310,799
-
168
1,310,967



At 30 June 2023
1,311,987
-
-
1,311,987


5.


Debtors

2024
2023
£
£


Trade debtors
20,447
41,320

Other debtors
28,998
19,306

Prepayments and accrued income
19,785
23,770

69,230
84,396


Page 6

 
CAMBRIDGESHIRE FOOTBALL ASSOCIATION LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
31,752
33,588

Corporation tax
2,926
1,643

Other taxation and social security
5,940
-

Other creditors
179,716
169,070

Accruals and deferred income
67,483
59,070

287,817
263,371



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.


8.


Reserves

Cambridgeshire Football Association aims to build and maintain a general fund of unrestricted reserves to cover 8 months running costs. As at 30 June 2024, after restricted funds and investment plans, the unrestricted reserves were equal to around 8.5 months running costs. This level of reserves should cover any short term cash flow fluctuations and provide a buffer against unforeseen future emergencies. 


9.


Pension commitments

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit or loss account in the year they are payable. Contributions totalling £1,549 (2023 - £1,324) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 7