for the Period Ended 31 December 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2024
Principal activities of the company
Additional information
Heaton Village Club Limited is a company limited by guarantee and is governed by its Memorandum and Articles of Association. The company is a registered community amateur sports club in England and Wales and is therefore non-profit making. Its directors are volunteers. The company has been incorporated without share capital as it is limited by guarantee, to a maximum of £1 by each of its members. The directors are appointed by the members of the organisation at the Annual General Meeting. Directors have the power under the governing documents to co-opt individuals who support the objects of the organisation to fill vacancies on the Board of Directors, and to fulfil other specific roles. The club was founded in 1897 and operated as an unincorporated entity until 31 December 2023. Heaton Village Club Limited was incorporated on 17 August 2023. It was dormant until 1 January 2024 when it took over the running of the club. The club premises had been held in trust for the use of the club. On 1 January 2024 the premises were transferred from the trust to the company and the trust dissolved. The deficit for the period was £4,545. Part of the reason for this was the legal fees incurred for the incorporation of the company, the transfer of the building and land from the trust to the company and the winding up of the trust, amounting to £3,656. These are a non recurring cost. An exceptional cost of £2,000 was also incurred for the removal of three trees in the grounds of the club. This is not expected to be repeated in the short term. The Board has reviewed the financial position and considers the club has sufficient reserves to continue as a going concern. All directors are volunteers and received no remuneration for their services during the period. None of the directors who served during the period had any beneficial interest in the company.
Directors
The directors shown below have held office during the period of
2 January 2024
to
31 December 2024
The director shown below has held office during the period of
2 January 2024
to
20 March 2024
The director shown below has held office during the period of
13 September 2023
to
31 December 2024
The director shown below has held office during the period of
13 September 2023
to
15 November 2024
The directors shown below have held office during the whole of the period from
17 August 2023
to
31 December 2024
Secretary
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Secretary
for the Period Ended
16 months to 31 December 2024 | ||
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£ |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
(
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Other operating income: |
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Operating profit(or loss): |
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Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
( |
As at
Notes | 16 months to 31 December 2024 | ||
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£ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 4 |
(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 December 2024
16 months to 31 December 2024 | ||
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Average number of employees during the period |
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for the Period Ended 31 December 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 December 2024 |
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Depreciation | ||||||
Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 December 2024 |
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Net book value | ||||||
At 31 December 2024 |
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for the Period Ended 31 December 2024
16 months to 31 December 2024 | ||
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£ | ||
Trade creditors |
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Total |
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