0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 13174772 2024-01-01 2024-12-31 13174772 2024-12-31 13174772 2023-12-31 13174772 2023-01-01 2023-12-31 13174772 2023-12-31 13174772 2022-12-31 13174772 core:PlantMachinery 2024-01-01 2024-12-31 13174772 core:FurnitureFittings 2024-01-01 2024-12-31 13174772 bus:Director1 2024-01-01 2024-12-31 13174772 core:PlantMachinery 2023-12-31 13174772 core:FurnitureFittings 2023-12-31 13174772 core:PlantMachinery 2024-12-31 13174772 core:FurnitureFittings 2024-12-31 13174772 core:WithinOneYear 2024-12-31 13174772 core:WithinOneYear 2023-12-31 13174772 core:OtherReservesSubtotal 2024-12-31 13174772 core:OtherReservesSubtotal 2023-12-31 13174772 core:RetainedEarningsAccumulatedLosses 2024-12-31 13174772 core:RetainedEarningsAccumulatedLosses 2023-12-31 13174772 core:PlantMachinery 2023-12-31 13174772 core:FurnitureFittings 2023-12-31 13174772 bus:SmallEntities 2024-01-01 2024-12-31 13174772 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 13174772 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13174772 bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 13174772 bus:FullAccounts 2024-01-01 2024-12-31
COMPANY REGISTRATION NUMBER: 13174772
Lechlade Cricket Club Ltd
Company Limited by Guarantee
Filleted Unaudited Financial Statements
31 December 2024
Lechlade Cricket Club Ltd
Company Limited by Guarantee
Statement of Financial Position
31 December 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
5
8,058
10,072
Current assets
Cash at bank and in hand
20,102
19,460
Creditors: amounts falling due within one year
6
540
510
--------
--------
Net current assets
19,562
18,950
--------
--------
Total assets less current liabilities
27,620
29,022
--------
--------
Net assets
27,620
29,022
--------
--------
Capital and reserves
Other reserves
25,114
25,114
Profit and loss account
2,506
3,908
--------
--------
Members funds
27,620
29,022
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Lechlade Cricket Club Ltd
Company Limited by Guarantee
Statement of Financial Position (continued)
31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 19 May 2025 , and are signed on behalf of the board by:
Mr C D Lockhart
Director
Company registration number: 13174772
Lechlade Cricket Club Ltd
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 December 2024
1. General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Coles Barn, Kelmscott, Lechlade, Oxon, GL7 3HJ, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
20% reducing balance
Fixtures and fittings
-
20% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Company limited by guarantee
The liability of the members is limited by guarantee.
5. Tangible assets
Plant and machinery
Fixtures and fittings
Total
£
£
£
Cost
At 1 January 2024 and 31 December 2024
10,572
8,959
19,531
--------
-------
--------
Depreciation
At 1 January 2024
5,087
4,372
9,459
Charge for the year
1,097
917
2,014
--------
-------
--------
At 31 December 2024
6,184
5,289
11,473
--------
-------
--------
Carrying amount
At 31 December 2024
4,388
3,670
8,058
--------
-------
--------
At 31 December 2023
5,485
4,587
10,072
--------
-------
--------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
540
510
----
----