Company Registration No. 11634921 (Wales)
Ely Social & Sports Club Independent Ltd
Unaudited accounts
for the year ended 31 December 2024
Ely Social & Sports Club Independent Ltd
Unaudited accounts
Contents
Ely Social & Sports Club Independent Ltd
Company Information
for the year ended 31 December 2024
Directors
C Jones
R Moore
M Thomas
Company Number
11634921 (Wales)
Registered Office
22 Cowbridge Road West
Ely
Cardiff
CF5 5BS
Accountants
R H Jeffs & Rowe Ltd
27-28 Gelliwastad Road
Pontypridd
CF37 2BW
Ely Social & Sports Club Independent Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
38,672
43,341
Cash at bank and in hand
6,780
6,192
Creditors: amounts falling due within one year
(10,054)
(11,555)
Net current assets/(liabilities)
646
(979)
Profit and loss account
39,318
42,362
Members' funds
39,318
42,362
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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by
C Jones
Director
Company Registration No. 11634921
Ely Social & Sports Club Independent Ltd
Notes to the Accounts
for the year ended 31 December 2024
Ely Social & Sports Club Independent Ltd is a private company, limited by guarantee, registered in Wales, registration number 11634921. The registered office is 22 Cowbridge Road West, Ely, Cardiff, CF5 5BS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line.
Fixtures & fittings
15% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Ely Social & Sports Club Independent Ltd
Notes to the Accounts
for the year ended 31 December 2024
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Tangible fixed assets
Fixtures & fittings
At 31 December 2024
105,722
At 31 December 2024
67,050
At 31 December 2024
38,672
At 31 December 2023
43,341
Amounts falling due within one year
Accrued income and prepayments
1,303
1,157
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,054
11,555
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Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Transactions with related parties
The company occupies freehold club premises held in the name of the Trustees of Ely Social & Sports Club, an unincorporated association.
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Average number of employees
During the year the average number of employees was 10 (2023: 10).