0 false false false false false false false false false false true false false false false false false 2024-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 5,186 3,700 223 3,923 1,263 1,486 xbrli:pure xbrli:shares iso4217:GBP 08542735 2024-01-01 2024-12-31 08542735 2024-12-31 08542735 2023-12-31 08542735 2023-01-01 2023-12-31 08542735 2023-12-31 08542735 2022-12-31 08542735 bus:Director2 2024-01-01 2024-12-31 08542735 core:WithinOneYear 2024-12-31 08542735 core:WithinOneYear 2023-12-31 08542735 core:RetainedEarningsAccumulatedLosses 2024-12-31 08542735 core:RetainedEarningsAccumulatedLosses 2023-12-31 08542735 bus:SmallEntities 2024-01-01 2024-12-31 08542735 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 08542735 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08542735 bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 08542735 bus:FullAccounts 2024-01-01 2024-12-31 08542735 core:OfficeEquipment 2024-01-01 2024-12-31 08542735 core:OfficeEquipment 2024-12-31 08542735 core:OfficeEquipment 2023-12-31
COMPANY REGISTRATION NUMBER: 08542735
European Billiards & Snooker Association Ltd
Company Limited by Guarantee
Filleted Unaudited Financial Statements
31 December 2024
European Billiards & Snooker Association Ltd
Company Limited by Guarantee
Statement of Financial Position
31 December 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
5
1,263
1,486
Current assets
Cash at bank and in hand
24,491
8,350
Creditors: amounts falling due within one year
6
38,147
19,728
--------
--------
Net current liabilities
13,656
11,378
--------
--------
Total assets less current liabilities
( 12,393)
( 9,892)
--------
-------
Net liabilities
( 12,393)
( 9,892)
--------
-------
Capital and reserves
Profit and loss account
( 12,393)
( 9,892)
--------
-------
Members deficit
( 12,393)
( 9,892)
--------
-------
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 .
European Billiards & Snooker Association 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 29 August 2025 , and are signed on behalf of the board by:
Mr M Cassis
Director
Company registration number: 08542735
European Billiards & Snooker Association 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 53 Beaumont Manor, Chase Farm Drive, Blyth, Northumberland, NE24 4LP. The principal activity of the company is the organising of billiards and snooker championships.
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.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover represents income received by the company during the period.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
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.
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:
Equipment
-
15% reducing balance
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4. Company limited by guarantee
The company is limited by Guarantee, not having a share capital. The guarantee is provided by the members of the company, and is a maximum of £1 per member. Under the terms of the Articles of Association, no dividends or other distributions to members are permitted.
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 January 2024 and 31 December 2024
5,186
5,186
-------
-------
Depreciation
At 1 January 2024
3,700
3,700
Charge for the year
223
223
-------
-------
At 31 December 2024
3,923
3,923
-------
-------
Carrying amount
At 31 December 2024
1,263
1,263
-------
-------
At 31 December 2023
1,486
1,486
-------
-------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
38,147
19,728
--------
--------
7. Related party transactions
There was no controlling party during the period.