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Logo On Report
Registered Number: 08540066
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 30 September 2024

for

THE BRITISH ACADEMY OF FENCING

Directors Prof P Northam
Prof A Vincent
J Worsley
J Redikin
Prof G Stretton
Registered Number 08540066
Registered Office 3 Brickfields Business Park
Old Stowmarket Road, Woolpit
Bury St Edmunds
IP30 9QS
Accountants Quove Accounting Ltd
3 Brickfields Business Park
Old Stowmarket Road, Woolpit
Bury St Edmunds
IP30 9QS
1
  2024   2023
    £ £   £ £
Fixed assets   1,400      1,400 
Current assets 17,947      19,206   
Prepayments and accrued income 8,960      9,333   
Creditors: amount falling due within one year (1,495)     (600)  
Net current assets   25,412      27,939 
Total assets less current liabilities   26,812      29,339 
Net assets   26,812      29,339 
 

         
Capital and reserves   26,812      29,339 
 
NOTES TO THE ACCOUNTS

General Information
The British Academy of Fencing is a private company, limited by shares, registered in England and Wales, registration number 08540066, registration address 3 Brickfields Business Park, Old Stowmarket Road, Woolpit, Bury St Edmunds, IP30 9QS.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Tangible fixed assets
Fixed Assets comprise of heritage assets intrinsic to the history of the academy.  They are included at directors' valuation and are not depreciated.
2.

Tangible fixed assets

Cost or valuation Plant and Machinery   Total
  £   £
At 01 October 2023 1,400    1,400 
Additions  
Disposals  
At 30 September 2024 1,400    1,400 
Depreciation
At 01 October 2023  
Charge for year  
On disposals  
At 30 September 2024  
Net book values
Closing balance as at 30 September 2024 1,400    1,400 
Opening balance as at 01 October 2023 1,400    1,400 


3.

Average number of employees

Average number of employees during the year was 5 (2023 : 5).


For the year ended 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 accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 21 October 2024 and were signed on its behalf by:


--------------------------------
Prof P Northam
Director
2