BrightAccountsProduction v1.0.0 v1.0.0 2023-07-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts 27 January 2025 0 0 13462562 2024-06-29 13462562 2023-06-30 13462562 2022-06-30 13462562 2023-07-01 2024-06-29 13462562 2022-07-01 2023-06-30 13462562 uk-bus:CompanyLimitedByGuarantee 2023-07-01 2024-06-29 13462562 uk-curr:PoundSterling 2023-07-01 2024-06-29 13462562 uk-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-29 13462562 uk-bus:FullAccounts 2023-07-01 2024-06-29 13462562 uk-core:RetainedEarningsAccumulatedLosses 2024-06-29 13462562 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 13462562 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-06-29 13462562 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-06-30 13462562 uk-bus:FRS102 2023-07-01 2024-06-29 13462562 uk-core:LandBuildings 2023-07-01 2024-06-29 13462562 uk-core:WithinOneYear 2024-06-29 13462562 uk-core:WithinOneYear 2023-06-30 13462562 2023-07-01 2024-06-29 13462562 uk-bus:Director1 2023-07-01 2024-06-29 13462562 uk-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-29 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 13462562
 
 
BOLTON WYRESDALE AMATEUR FOOTBALL AND SPORTS CLUB
(A company limited by guarantee, not having a share capital)
 
Unaudited Financial Statements
 
for the financial period ended 29 June 2024
BOLTON WYRESDALE AMATEUR FOOTBALL AND SPORTS CLUB
(A company limited by guarantee, not having a share capital)
Company Registration Number: 13462562
BALANCE SHEET
as at 29 June 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 5 594,287 57,000
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Current Assets
Debtors 6 29,277 -
Cash at bank and in hand 2,009,796 19,013
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2,039,073 19,013
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Creditors: amounts falling due within one year 7 (31,197) (118)
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Net Current Assets 2,007,876 18,895
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Total Assets less Current Liabilities 2,602,163 75,895
 
Creditors:
amounts falling due after more than one year 8 (500,000) -
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Net Assets 2,102,163 75,895
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Reserves
Retained surplus 2,102,163 75,895
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Members' Funds 2,102,163 75,895
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.
           
For the financial period ended 29 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.
           
Approved by the Board and authorised for issue on 27 January 2025 and signed on its behalf by
           
           
________________________________          
Stanley Crawford          
Director          
           



BOLTON WYRESDALE AMATEUR FOOTBALL AND SPORTS CLUB
NOTES TO THE FINANCIAL STATEMENTS
for the financial period ended 29 June 2024

   
1. General Information
 
BOLTON WYRESDALE AMATEUR FOOTBALL AND SPORTS CLUB is a company limited by guarantee incorporated and registered in England. The registered number of the company is 13462562. The registered office of the company is 31 Knightswood, Beaumont Chase, Bolton, BL3 4UU. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial period ended 29 June 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Land and buildings freehold - 4% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
   
3. Period of financial statements
 
The financial statements are for the 11 month 29 days period ended 29 June 2024.
       
4. Employees
 
The average monthly number of employees, including directors, during the financial period was 0, (2023 - 0).
       
5. Tangible assets
  Land and Total
  buildings  
  freehold  
  £ £
Cost
At 1 July 2023 57,000 57,000
Additions 594,287 594,287
Disposals (57,000) (57,000)
  ───────── ─────────
At 29 June 2024 594,287 594,287
  ───────── ─────────
Depreciation
At 1 July 2023 - -
  ───────── ─────────
At 29 June 2024 - -
  ───────── ─────────
Net book value
At 29 June 2024 594,287 594,287
  ═════════ ═════════
At 30 June 2023 57,000 57,000
  ═════════ ═════════
       
6. Debtors 2024 2023
  £ £
 
Trade debtors 29,277 -
  ═════════ ═════════
       
7. Creditors 2024 2023
Amounts falling due within one year £ £
 
Other creditors 31,197 118
  ═════════ ═════════
       
8. Creditors 2024 2023
Amounts falling due after more than one year £ £
 
Loan 500,000 -
  ═════════ ═════════
 
       
9. Capital commitments
 
As at 29 June 2024, the company had contracted capital commitments of £1,995,000 for the construction of a new clubhouse and four football pitches. Construction began after the period end, see Note 10 for further detail.
   
10. Post-Balance Sheet Events
 
Construction work relating to the development of a new clubhouse and four football pitches continued after the reporting date. As at the date of approval of these financial statements, the valuation of work completed amounted to £626,873. This relates to the capital commitment of £1,995,000 disclosed in Note 9.