Acorah Software Products - Accounts Production 16.2.850 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 06740225 Mr Corby MacDonald Mr Bryan McIntosh Mr William Collins Mr Peter Robinson Mr Gary Brockway Mr Harry Southern Mr Gary Norton Mr Stuart Bonser Mrs Kay Methven Mr Stephen Shrive Mr Matthew Toulson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06740225 2023-05-31 06740225 2024-05-31 06740225 2023-06-01 2024-05-31 06740225 frs-core:CurrentFinancialInstruments 2024-05-31 06740225 frs-core:FurnitureFittings 2024-05-31 06740225 frs-core:FurnitureFittings 2023-06-01 2024-05-31 06740225 frs-core:FurnitureFittings 2023-05-31 06740225 frs-core:PlantMachinery 2024-05-31 06740225 frs-core:PlantMachinery 2023-06-01 2024-05-31 06740225 frs-core:PlantMachinery 2023-05-31 06740225 frs-core:ShareCapital 2024-05-31 06740225 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 06740225 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06740225 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 06740225 frs-bus:SmallEntities 2023-06-01 2024-05-31 06740225 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 06740225 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 06740225 frs-bus:Director1 2023-06-01 2024-05-31 06740225 frs-bus:Director2 2023-06-01 2024-05-31 06740225 frs-bus:Director3 2023-06-01 2024-05-31 06740225 frs-bus:Director4 2023-06-01 2024-05-31 06740225 frs-bus:Director5 2023-06-01 2024-05-31 06740225 frs-bus:Director6 2023-06-01 2024-05-31 06740225 frs-bus:Director7 2023-06-01 2024-05-31 06740225 frs-bus:Director8 2023-06-01 2024-05-31 06740225 frs-bus:Director9 2023-06-01 2024-05-31 06740225 frs-bus:Director10 2023-06-01 2024-05-31 06740225 frs-bus:Director11 2023-06-01 2024-05-31 06740225 frs-countries:EnglandWales 2023-06-01 2024-05-31 06740225 2022-05-31 06740225 2023-05-31 06740225 2022-06-01 2023-05-31 06740225 frs-core:CurrentFinancialInstruments 2023-05-31 06740225 frs-core:ShareCapital 2023-05-31 06740225 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 06740225
Gresley Rovers Football Club Limited
Financial Statements
For The Year Ended 31 May 2024
Cedar + Co.
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06740225
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,510 14,272
11,510 14,272
CURRENT ASSETS
Stocks 5 3,150 3,829
Debtors 6 5,164 5,272
Cash at bank and in hand 5,574 250
13,888 9,351
Creditors: Amounts Falling Due Within One Year 7 (20,251 ) (15,976 )
NET CURRENT ASSETS (LIABILITIES) (6,363 ) (6,625 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,147 7,647
NET ASSETS 5,147 7,647
CAPITAL AND RESERVES
Called up share capital 8 4 4
Profit and Loss Account 5,143 7,643
SHAREHOLDERS' FUNDS 5,147 7,647
For the year ending 31 May 2024 the company was entitled to exemption from audit 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gary Brockway
Director
29/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Gresley Rovers Football Club Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06740225 . The registered office is Moat Ground Moat Street, Church Gresley, Swadlincote, DE11 9RE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% reducing balance
Fixtures & Fittings 33% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 11)
11 11
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2023 68,634 19,941 88,575
Additions 1,021 1,833 2,854
As at 31 May 2024 69,655 21,774 91,429
Depreciation
As at 1 June 2023 54,624 19,679 74,303
Provided during the period 5,005 611 5,616
As at 31 May 2024 59,629 20,290 79,919
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 May 2024 10,026 1,484 11,510
As at 1 June 2023 14,010 262 14,272
5. Stocks
2024 2023
£ £
Stock 3,150 3,829
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,140 -
Other debtors 4 2,252
Corporation tax recoverable assets 3,020 3,020
5,164 5,272
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,825 (1,753 )
Bank loans and overdrafts 9,333 15,708
VAT 7,611 2,021
Other creditors 1,482 -
20,251 15,976
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
Page 3