REGISTERED NUMBER: 11633057 (England and Wales)

HAMPSHIRE FA LEISURE OPERATIONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2023 TO 29 JUNE 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N A Cassar

Ms L Hind

J W T Pearson

N P Taplin

I V Walkom

A Marshall

D Bendall

Ms L C Wain

L J Howgill

Ms M S Robinson

REGISTERED OFFICE:

Winklebury Football Complex

Winklebury Way

Basingstoke

Hampshire

RG23 8BF

REGISTERED NUMBER:

11633057 (England and Wales)

FIXED ASSETS

Tangible assets

4

695,272

753,035

CURRENT ASSETS

Stocks

14,814

12,542

Debtors

5

290,379

125,579

Cash at bank

67,506

154,004

372,699

292,125

CREDITORS

Amounts falling due within one year

6

(838,799

)

(690,276

)

NET CURRENT LIABILITIES

(466,100

)

(398,151

)

TOTAL ASSETS LESS CURRENT LIABILITIES

229,172

354,884

CREDITORS

Amounts falling due after more than one year

7

(332,137

)

(403,819

)

PROVISIONS FOR LIABILITIES

(33,623

)

-

NET LIABILITIES

(136,588

)

(48,935

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(136,688

)

(49,035

)

(136,588

)

(48,935

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2025 and were signed on its behalf by:

N A Cassar - Director

1.	STATUTORY INFORMATION

Hampshire FA Leisure Operations LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

The accounting period has reduced by one day compared to the prior year, therefore the financial statements are not entirely comparable.

Going Concern

At the year end the company had liabilities in excess of assets. The company is reliant on the support of the parent company which is guaranteed for a period of at least 12 months from the date the financial statements are signed.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

Straight line over 10 years

Fixtures and fittings

-

Straight line over 4 years

Computer equipment

-

Straight line over 4 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Financial assets

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Grants received

Grants are credited to the profit and loss account for the year to which they relate.

- FA Grants: the accrual method has been used to the recognise the grants on a systematic basis over the period for which the funding is provided.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 21 (2023 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 July 2023

1,126,646

98,404

18,931

1,243,981

Additions

61,163

-

-

61,163

At 29 June 2024

1,187,809

98,404

18,931

1,305,144

DEPRECIATION

At 1 July 2023

374,185

97,839

18,922

490,946

Charge for period

118,782

141

3

118,926

At 29 June 2024

492,967

97,980

18,925

609,872

NET BOOK VALUE

At 29 June 2024

694,842

424

6

695,272

At 30 June 2023

752,461

565

9

753,035

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

37,378

18,763

Other debtors

253,001

106,816

290,379

125,579

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

193,240

790

Amounts owed to group undertakings

514,064

610,952

Other creditors

131,495

78,534

838,799

690,276

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

332,137

403,819

8.	ULTIMATE CONTROLLING PARTY

Hampshire Football Association Limited is regarded by the director's as being the company's ultimate parent company by virtue of its 100% shareholding of the company's issued share capital. The financial statements are available from its registered office Winklebury Football Complex, Winklebury Way, Basingstoke, Hampshire, RG23 8BF.