IRIS Accounts Production v25.1.0.734 01606472 Board of Directors 1.1.24 31.12.24 31.12.24 23.4.2025 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh016064722023-12-31016064722024-12-31016064722024-01-012024-12-31016064722022-12-31016064722023-01-012023-12-31016064722023-12-3101606472ns15:EnglandWales2024-01-012024-12-3101606472ns14:PoundSterling2024-01-012024-12-3101606472ns10:Director12024-01-012024-12-3101606472ns10:CompanyLimitedByGuarantee2024-01-012024-12-3101606472ns10:SmallEntities2024-01-012024-12-3101606472ns10:Audited2024-01-012024-12-3101606472ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3101606472ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3101606472ns10:FullAccounts2024-01-012024-12-3101606472ns10:Director22024-01-012024-12-3101606472ns10:Director32024-01-012024-12-3101606472ns10:Director72024-01-012024-12-3101606472ns10:Director82024-01-012024-12-3101606472ns10:Director92024-01-012024-12-3101606472ns10:Director102024-01-012024-12-3101606472ns10:Director112024-01-012024-12-3101606472ns10:Director122024-01-012024-12-3101606472ns10:Director132024-01-012024-12-3101606472ns10:Director142024-01-012024-12-3101606472ns10:CompanySecretary12024-01-012024-12-3101606472ns10:RegisteredOffice2024-01-012024-12-3101606472ns5:CurrentFinancialInstruments2024-12-3101606472ns5:CurrentFinancialInstruments2023-12-3101606472ns5:RetainedEarningsAccumulatedLosses2024-12-3101606472ns5:RetainedEarningsAccumulatedLosses2023-12-310160647212024-01-012024-12-3101606472ns5:FurnitureFittings2023-12-3101606472ns5:FurnitureFittings2024-01-012024-12-3101606472ns5:FurnitureFittings2024-12-3101606472ns5:FurnitureFittings2023-12-3101606472ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3101606472ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3101606472ns5:CurrentFinancialInstruments2024-01-012024-12-3101606472ns5:WithinOneYear2024-12-3101606472ns5:WithinOneYear2023-12-31
REGISTERED NUMBER: 01606472 (England and Wales)



















Financial Statements

for the Year Ended 31 December 2024

for

British Orienteering Federation Limited

British Orienteering Federation Limited (Registered number: 01606472)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


British Orienteering Federation Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: D S Bernstein
D J Birtwistle
A N Robinson
D L Rosen
L K Tomlinson
P Tryner
A N Vanbeck
A Howe
P M Brooke
K Willdig
Z Randall





SECRETARY: P M Brooke





REGISTERED OFFICE: Scholes Mill
Old Coach Road
Tansley
Matlock
Derbyshire
DE4 5FY





REGISTERED NUMBER: 01606472 (England and Wales)





AUDITORS: Bates Weston Audit Ltd
Statutory Auditors
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

British Orienteering Federation Limited (Registered number: 01606472)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 846 2,340

CURRENT ASSETS
Debtors 5 66,790 87,310
Cash at bank 657,641 709,671
724,431 796,981
CREDITORS
Amounts falling due within one year 6 226,062 238,446
NET CURRENT ASSETS 498,369 558,535
TOTAL ASSETS LESS CURRENT
LIABILITIES

499,215

560,875

RESERVES
General reserve 499,215 560,875
499,215 560,875

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 April 2025 and were signed on its behalf by:





A N Vanbeck - Director


British Orienteering Federation Limited (Registered number: 01606472)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

British Orienteering Federation Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The principle activity of the Company during the year continued to be that of the administration and development of the sport of orienteering in the United Kingdom and Isle of Man.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty
Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made include:

Third party event income

Events organised and operated by third parties are not the responsibility of the British Orienteering Federation. Therefore only levy income relating to the event payable to British Orienteering Federation is recognised in these financial statements. Where British Orienteering Federation is entitled to a share of event profits this is recognised when the profit is reasonably certain.

Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Grant income
Grant income is recognised in line with related expenditure of the grant.

Membership and Levy Income
Membership income is recognised in the period to which it relates and levies are recognised when they become due.

Event income
Event income represents entry fees and other income derived from events staged by or on behalf of British Orienteering (JK Festival and British Championships). This income is recognised in the period in which the event takes place.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life:

Fixtures and fittings- 10% straight line
(including Computer equipment)- 33% straight line


British Orienteering Federation Limited (Registered number: 01606472)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recongised as other comprehensive income or to an item recognised directly in equity is also recongised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors have a reasonable expectation that the Company will be able to continue as a going concern for the foreseeable future, and for this reason continue to adopt the going concern basis in preparing the financial statements. The directors consider the foreseeable future to be 12 months from the date that the financial statements are signed and have prepared financial forecasts which show that suitable facilities are available to provide adequate ongoing finance consistent with these forecast requirements. The directors have concluded that the company remains a going concern and have accordingly prepared these financial statements on the going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024
and 31 December 2024 5,062
DEPRECIATION
At 1 January 2024 2,722
Charge for year 1,494
At 31 December 2024 4,216
NET BOOK VALUE
At 31 December 2024 846
At 31 December 2023 2,340

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,927 5,512
Other debtors 31,502 61,290
Prepayments and accrued income 32,361 20,508
66,790 87,310

British Orienteering Federation Limited (Registered number: 01606472)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,120 21,864
Tax 2,861 3,119
Social security and other taxes 12,841 13,955
Other creditors 13,153 19,603
Accruals and deferred income 185,087 179,905
226,062 238,446

Accruals and deferred income includes deferred membership subscriptions. Membership runs for the calendar year. Subscriptions are collected by direct debit and similar payments before the end of the previous year from members renewing their membership.

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 6,600 6,600

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Wayne Thomas FCA (Senior Statutory Auditor)
for and on behalf of Bates Weston Audit Ltd

9. PENSION COMMITMENTS

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £11,262 (2023: £9,504).

10. APPLICATIONS OF GRANTS



Brought
forward from
2023

Grant
received

Grant spend
2024
Carried
forward to
2025
£ £ £ £
Sport England 78,402 246,749 (258,252 ) 66,899
Sport England Map Award (29,934 ) 120,503 (90,569 ) 0
Sport Northern Ireland active clubs (1,901 ) 70,013 (68,276 ) (164 )
46,567 437,265 (417,097 ) 66,735

11. COMPANY STATUS

The company is limited by guarantee and does not have share capital. Every member of the Company (as defined in the Articles of Association) undertakes to contribute to the assets of the Company in the event of the same being wound up while he/she is a member, or within one year after he/she ceases to be a member, for payment of the debts and liabilities of the Company contracted before he/she cease to be a member, and the costs, charges and expenses of winding up, and for the adjustment of the contributors among themselves, such amount as may be required not exceeding 50p (fifty pence).