2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 04502634 2023-10-01 2024-09-30 04502634 2024-09-30 04502634 2023-09-30 04502634 2022-10-01 2023-09-30 04502634 2023-09-30 04502634 2022-09-30 04502634 bus:Director1 2023-10-01 2024-09-30 04502634 core:WithinOneYear 2024-09-30 04502634 core:WithinOneYear 2023-09-30 04502634 core:RetainedEarningsAccumulatedLosses 2024-09-30 04502634 core:RetainedEarningsAccumulatedLosses 2023-09-30 04502634 bus:SmallEntities 2023-10-01 2024-09-30 04502634 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04502634 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04502634 bus:CompanyLimitedByGuarantee 2023-10-01 2024-09-30 04502634 bus:FullAccounts 2023-10-01 2024-09-30
COMPANY REGISTRATION NUMBER: 04502634
Association for Coaching
Company Limited by Guarantee
Filleted Unaudited Financial Statements
30 September 2024
Association for Coaching
Company Limited by Guarantee
Financial Statements
Year ended 30 September 2024
Contents
Page
Balance sheet
1
Notes to the financial statements
3
Association for Coaching
Company Limited by Guarantee
Balance Sheet
30 September 2024
2024
2023
Note
£
£
£
£
Current assets
Stocks
5,854
6,469
Debtors
6
66,969
45,064
Cash at bank and in hand
447,268
552,079
---------
---------
520,091
603,612
Creditors: amounts falling due within one year
7
45,169
14,610
---------
---------
Net current assets
474,922
589,002
---------
---------
Total assets less current liabilities
474,922
589,002
---------
---------
Net assets
474,922
589,002
---------
---------
Association for Coaching
Company Limited by Guarantee
Balance Sheet (continued)
30 September 2024
2024
2023
Note
£
£
£
£
Capital and reserves
Profit and loss account
474,922
589,002
---------
---------
Members funds
474,922
589,002
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 26 March 2025 , and are signed on behalf of the board by:
K L Tulpa
Director
Company registration number: 04502634
Association for Coaching
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 September 2024
1. General information
The company is a private company limited by guarantee, registered in England & Wales. The address of the registered office is Golden Cross House, 8 Duncannon Street, London, WC2N 4JF.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. Company limited by guarantee
Association for Coaching is a company limited by guarantee and accordingly does not have any share capital.
Every member of the Company undertakes to contribute such amount as may be required (not exceeding £1) to the Company assets if it should be wound up while he or she is a member or within one year after he or she ceases to be a member, for payment of the Association's debts and liabilities contracted before he or she ceases to be a member, and of the costs charges and expenses of winding up.
If the Company is wound up or dissolved and after all its debts and liabilities have been satisfied there remains any property it shall not be paid to or distributed amongst the members of the Company, but shall be given or transferred to some other business Company, Charity or Association having similar objects.
5. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 3 ).
6. Debtors
2024
2023
£
£
Other debtors
66,969
45,064
--------
--------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
14,491
197
Corporation tax
148
Social security and other taxes
26,216
5,509
Other creditors
4,462
8,756
--------
--------
45,169
14,610
--------
--------
8. Related party transactions
Association for Coaching International Limited (06966900) is a Company Limited by Guarantee, if this entity needed to be wound up the assets would be transferred to Association for Coaching. At the end of the year Association for Coaching was owed £42,655 (2023: £28,982) from Association for Coaching International Limited all repayable on demand. The company made sales of £288,155 (2023: £111,571) with a related party during the year.