CLEVE ARCHERS LIMITED

Company limited by guarantee

Company Registration Number:
09463743 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

CLEVE ARCHERS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CLEVE ARCHERS LIMITED

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal activities of the company

Running an archery club for the benefit of its members



Directors

The directors shown below have held office during the whole of the period from
1 October 2023 to 30 September 2024

Francesca Hawker
Denise Bunce
Richard AJ Jones


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
27 March 2025

And signed on behalf of the board by:
Name: Denise Bunce
Status: Director

CLEVE ARCHERS LIMITED

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 51,101 44,657
Cost of sales: ( 10,636 ) ( 7,059 )
Gross profit(or loss): 40,465 37,598
Administrative expenses: ( 37,917 ) ( 46,940 )
Other operating income: 14,800 28,140
Operating profit(or loss): 17,348 18,798
Profit(or loss) before tax: 17,348 18,798
Profit(or loss) for the financial year: 17,348 18,798

CLEVE ARCHERS LIMITED

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 504,576 514,436
Total fixed assets: 504,576 514,436
Current assets
Cash at bank and in hand: 55,392 41,478
Total current assets: 55,392 41,478
Prepayments and accrued income: 803 469
Creditors: amounts falling due within one year: 4 ( 16,575 ) ( 11,798 )
Net current assets (liabilities): 39,620 30,149
Total assets less current liabilities: 544,196 544,585
Creditors: amounts falling due after more than one year: 5 ( 272,946 ) ( 290,684 )
Total net assets (liabilities): 271,250 253,901
Members' funds
Profit and loss account: 271,250 253,901
Total members' funds: 271,250 253,901

The notes form part of these financial statements

CLEVE ARCHERS LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 27 March 2025
and signed on behalf of the board by:

Name: Denise Bunce
Status: Director

The notes form part of these financial statements

CLEVE ARCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis: Land, not depreciated;Buildings freehold, Straight line over 25 years; Fixtures fittings and equipment Straight line over 5 to 10 years;Computer Equipment Straight line over 3 years The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is credited or charged to surplus or deficit.

    Other accounting policies

    Government grants are recognised at fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. Government grants relating to turnover are recognised as income over the periods when the related costs are incurred. Grants relating to an asset are recognised in income systematically over the assets expected useful life. If part of such a grant is deferred it is recognised as deferred income rather than being deducted from the asset’s carrying amount.

CLEVE ARCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

CLEVE ARCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 449,498 49,713 108,082 246 0 607,539
Additions 0 12,245 302 0 0 12,547
Disposals
Revaluations
Transfers
At 30 September 2024 449,498 61,958 108,384 246 0 620,086
Depreciation
At 1 October 2023 36,595 42,853 13,409 246 0 93,103
Charge for year 14,617 1,427 6,363 0 0 22,407
On disposals
Other adjustments
At 30 September 2024 51,212 44,280 19,772 246 0 115,510
Net book value
At 30 September 2024 398,286 17,678 88,612 0 0 504,576
At 30 September 2023 412,903 6,860 94,673 0 0 514,436

CLEVE ARCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 16,575 11,798
Total 16,575 11,798

CLEVE ARCHERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 272,946 290,684
Total 272,946 290,684

Government Grants £245946 Loan from member £27000