Eastbourne Saffrons SportsClub Trust Ltd - Accounts to registrar (filleted) - small 18.2
Eastbourne Saffrons SportsClub Trust Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 |
FOR |
EASTBOURNE SAFFRONS SPORTS CLUB TRUST |
LIMITED |
EASTBOURNE SAFFRONS SPORTS CLUB TRUST |
LIMITED (REGISTERED NUMBER: 02657832) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 December 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
EASTBOURNE SAFFRONS SPORTS CLUB TRUST |
LIMITED |
COMPANY INFORMATION |
for the Year Ended 31 December 2018 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Unit A6 |
Chaucer Business Park |
Dittons Road |
Polegate |
East Sussex |
BN26 6QH |
EASTBOURNE SAFFRONS SPORTS CLUB TRUST |
LIMITED (REGISTERED NUMBER: 02657832) |
BALANCE SHEET |
31 December 2018 |
31.12.18 | 31.12.17 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 3 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
UNRESTRICTED FUNDS |
Income and expenditure account | 5 |
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 surplus or deficit 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. |
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 on |
EASTBOURNE SAFFRONS SPORTS CLUB TRUST |
LIMITED (REGISTERED NUMBER: 02657832) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 December 2018 |
1. | STATUTORY INFORMATION |
Eastbourne Saffrons Sports Club Trust Limited is a |
England and Wales. The company's registered number and registered office address can be found on the |
Company Information page. |
The company is a charity registered with The Charity Commission for England and Wales (Registered number |
1005890). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the year comprises current and deferred 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 or deferred 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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the |
lease. |
Recognition of income |
Income is recorded in the Income Statement when the charity becomes entitled to the resources, it is more likely |
than not that the trustees will receive the resources and the monetary value can be measured with sufficient |
reliability. Grants and donations are only included in the Income Statement when the general income recognition |
criteria are met. |
3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.18 | 31.12.17 |
£ | £ |
Trade debtors |
Other debtors |
EASTBOURNE SAFFRONS SPORTS CLUB TRUST |
LIMITED (REGISTERED NUMBER: 02657832) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 December 2018 |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.18 | 31.12.17 |
£ | £ |
Taxation and social security |
Other creditors |
5. | UNRESTRICTED FUNDS |
CHARITY FUNDS |
31.12.18 | 31.12.17 |
Unrestricted | Unrestricted |
funds | funds |
£ | £ |
Income and expenditure account: |
Fund balance brought forward | 29,695 | 24,002 |
Income | 109,349 | 95,435 |
Expenditure | (88,747 | ) | (89,742 | ) |
Fund balance carried forward | 50,297 | 29,695 |
6. | LIMITED BY GUARANTEE |
The company is limited by guarantee and therefore does not have a share capital. In the event that the company is |
wound up, each member of the company is liable to contribute an amount not exceeding £1. At the balance sheet |
date the number of members was 79. |