Company registration number 12272599 (England and Wales)
SILURIAN BOXING CLUB LIMITED
Unaudited Financial Statements
for the Year Ended 31 August 2025
SILURIAN BOXING CLUB LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,632
859
Current assets
Debtors
4
592
-
0
Cash at bank and in hand
917
4,778
1,509
4,778
Creditors: amounts falling due within one year
5
(2,545)
(2,657)
Net current (liabilities)/assets
(1,036)
2,121
Total assets less current liabilities
2,596
2,980
Provisions for liabilities
(407)
(163)
Net assets
2,189
2,817
Reserves
Income and expenditure account
2,189
2,817
Total members' funds
2,189
2,817

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 15 May 2026 and are signed on its behalf by:
Mr S R Aherne
Director
Company registration number 12272599 (England and Wales)
SILURIAN BOXING CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 2 -
1
Accounting policies
Company information

Silurian Boxing Club Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Silurian Boxing Club - Old Woodwork Block, Coach Bach, Tredegar, Blaenau Gwent, UK, NP22 4RW.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard 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 a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Income and expenditure

Income and expenses are included in the financial statements as they become receivable or due.

Expenses include VAT where applicable as the company cannot reclaim it.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% reducing balance
Computers
20% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to surplus or deficit.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

SILURIAN BOXING CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
- 3 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

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 instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised at transaction price.

1.8
Taxation

The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit.

1.9
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

SILURIAN BOXING CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
- 4 -
1.10
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 September 2024
2,000
100
2,100
Additions
3,285
-
0
3,285
At 31 August 2025
5,285
100
5,385
Depreciation and impairment
At 1 September 2024
1,181
60
1,241
Depreciation charged in the year
492
20
512
At 31 August 2025
1,673
80
1,753
Carrying amount
At 31 August 2025
3,612
20
3,632
At 31 August 2024
819
40
859
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
592
-
0
SILURIAN BOXING CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 5 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
-
0
592
Other creditors
2,545
2,065
2,545
2,657
6
Members' liability

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

2025-08-31 2024-09-01 false false false 15 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr SR Aherne Mr D M Aherne 12272599 2024-09-01 2025-08-31 12272599 2025-08-31 12272599 2024-08-31 12272599 core:FurnitureFittings 2025-08-31 12272599 core:ComputerEquipment 2025-08-31 12272599 core:FurnitureFittings 2024-08-31 12272599 core:ComputerEquipment 2024-08-31 12272599 core:WithinOneYear 2025-08-31 12272599 core:WithinOneYear 2024-08-31 12272599 core:CurrentFinancialInstruments 2025-08-31 12272599 core:CurrentFinancialInstruments 2024-08-31 12272599 core:RetainedEarningsAccumulatedLosses 2025-08-31 12272599 core:RetainedEarningsAccumulatedLosses 2024-08-31 12272599 bus:Director1 2024-09-01 2025-08-31 12272599 core:FurnitureFittings 2024-09-01 2025-08-31 12272599 core:ComputerEquipment 2024-09-01 2025-08-31 12272599 2023-09-01 2024-08-31 12272599 core:FurnitureFittings 2024-08-31 12272599 core:ComputerEquipment 2024-08-31 12272599 2024-08-31 12272599 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 12272599 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 12272599 bus:CompanyLimitedByGuarantee 2024-09-01 2025-08-31 12272599 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 12272599 bus:FRS102 2024-09-01 2025-08-31 12272599 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 12272599 bus:Director2 2024-09-01 2025-08-31 12272599 bus:FullAccounts 2024-09-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP