Company Registration No. 14119152 (England and Wales)
Woodhouses Cricket Club (1908) Limited
Unaudited accounts
for the year ended 31 March 2024
Woodhouses Cricket Club (1908) Limited
Unaudited accounts
Contents
Woodhouses Cricket Club (1908) Limited
Company Information
for the year ended 31 March 2024
Directors
Gareth Tuson
John Bate
Stephen Whitehead
Robert Thompson
Callum Thompson
Ian Pickles
Anne Thompson
Company Number
14119152 (England and Wales)
Registered Office
Belfields, Medlock Road
Woodhouses, Failsworth
Manchester
M35 9NG
Woodhouses Cricket Club (1908) Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
31,054
-
Creditors: amounts falling due within one year
(68,165)
-
Net current assets
16,385
1
Called up share capital
1
1
Profit and loss account
16,557
-
Shareholders' funds
16,558
1
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 27 March 2025 and were signed on its behalf by
John Bate
Director
Company Registration No. 14119152
Woodhouses Cricket Club (1908) Limited
Notes to the Accounts
for the year ended 31 March 2024
Woodhouses Cricket Club (1908) Limited is a private company, limited by shares, registered in England and Wales, registration number 14119152. The registered office is Belfields, Medlock Road, Woodhouses, Failsworth, Manchester, M35 9NG.
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.
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 19 May 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
3 years straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Woodhouses Cricket Club (1908) Limited
Notes to the Accounts
for the year ended 31 March 2024
Donations to parent company
In line with articles of association, the company shall pay to Woodhouses Cricket Club Limited, as a donation or otherwise, a sum which will absorb or extinguish profits, which otherwise would be available for distribution.
This donation willl be paid within 9 months of the year end.
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Amounts due from group undertakings etc.
-
1
Accrued income and prepayments
2,000
-
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
60,043
-
Taxes and social security
1,304
-
The company's parent undertaking is Woodhouses Cricket Club Limited, a company registered in England and Wales, which is owned by its members.
8
Average number of employees
During the year the average number of employees was 11 (2023: 0).