REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 July 2024 |
for |
Hatfield Netball Club Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 July 2024 |
for |
Hatfield Netball Club Limited |
Hatfield Netball Club Limited (Registered number: 09820814) |
Contents of the Financial Statements |
for the Year Ended 31 July 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Hatfield Netball Club Limited |
Company Information |
for the Year Ended 31 July 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
6 High Street |
Wheathampstead |
Hertfordshire |
AL4 8AA |
AFFILIATION: |
Hatfield Netball Club Limited (Registered number: 09820814) |
Balance Sheet |
31 July 2024 |
31.7.24 | 31.7.23 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the director and authorised for issue on |
Hatfield Netball Club Limited (Registered number: 09820814) |
Notes to the Financial Statements |
for the Year Ended 31 July 2024 |
1. | STATUTORY INFORMATION |
Hatfield Netball Club Ltd is a private company limited by guarantee and incorporated in England & Wales. Its registered office is Rivermill House, 6 High Street, Wheathampstead, Herts, AL4 8AA. |
The financial statements are presented in Sterling, which is the functional currency of the company. |
The company, not having share capital, is a company limited by guarantee under the provision of the Companies Act 2006. The liability of the members of the company shall not exceed £1 should the company be wound up. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Income recognition |
Donations are recognised in the accounts when they are received by the treasurer. Fees and other income are recognised in the accounts when they are due. |
Taxation |
Corporation Tax |
Normal activities are not subject to Corporation Tax. |
The income and property of the company is applied solely to its objects of promoting netball, fair play and sportsmanship. No part of any such property and income can be paid by way of dividend as bonus to members of the company. On winding up or dissolutions, any surplus assets cannot be transferred to members, but must be passed on to a body having similar objects and restrictions. |
Interest and investment income are subject to corporation tax. |
Value Added Tax |
Fees for playing sport, catering at sport competitions or for physical education charged by non- profit making bodies to individuals are not subject to VAT thus the company has not registered for VAT. |
In these accounts, where applicable expenditure is shown inclusive of VAT. |
Expenses |
Expenses are recognised when incurred. |
Fixed assets |
The current policy is to write off fixed assets to administration expenses in the year they are acquired. |
Hatfield Netball Club Limited (Registered number: 09820814) |
Notes to the Financial Statements - continued |
for the Year Ended 31 July 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.24 | 31.7.23 |
£ | £ |
Outstanding Fees | 263 | - |
Prepayments |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.24 | 31.7.23 |
£ | £ |
Tax |
Accrued expenses |
6. | LIMITED BY GUARANTEE |
Hatfield Netball Club is a company Limited by Guarantee. |