Table Tennis Assoc. Wales - Accounts to registrar (filleted) - small 18.2

The Table Tennis Association of Wales

Limited

Audited Financial Statements for the Year Ended 31 March 2019

DIRECTORS:

R Davies

N O'Connell

G M H Lewis

S M G Heydon

N Arthur

J Boyer

K Asveld

SECRETARY:

N O'Connell

REGISTERED OFFICE:

Sport Wales National Centre

Sophia Gardens

Cardiff

CF11 9SW

REGISTERED NUMBER:

04779322 (England and Wales)

AUDITORS:

BPU Limited

Chartered Accountants

Statutory Auditor

Radnor House

Greenwood Close

Cardiff Gate Business Park

Cardiff

CF23 8AA

BANKERS:

Lloyds Bank Plc

42 Commercial Street

Newport

NP20 1WX

FIXED ASSETS

Tangible assets

3

-

3,438

CURRENT ASSETS

Debtors

4

4,646

9,142

Cash at bank

64,186

58,647

68,832

67,789

CREDITORS

Amounts falling due within one year

5

12,630

8,469

NET CURRENT ASSETS

56,202

59,320

TOTAL ASSETS LESS CURRENT LIABILITIES

56,202

62,758

ACCRUALS AND DEFERRED INCOME

2,644

11,669

NET ASSETS

53,558

51,089

RESERVES

Income and expenditure account

53,558

51,089

53,558

51,089

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 8 September 2019 and were signed on its behalf by:

R Davies - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

Income represents sums received from grants, sponsorship, membership and affiliation

fees.

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

-

15% straight line

Motor vehicles

-

25% straight line

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2018 - 7 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2018

and 31 March 2019

3,127

16,500

19,627

DEPRECIATION

At 1 April 2018

3,127

13,062

16,189

Charge for year

-

3,438

3,438

At 31 March 2019

3,127

16,500

19,627

NET BOOK VALUE

At 31 March 2019

-

-

-

At 31 March 2018

-

3,438

3,438

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

1,500

2,150

Prepayments and accrued income

3,146

6,992

4,646

9,142

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Corporation tax

1,520

485

Social security and other taxes

3,153

2,616

Accruals and deferred income

7,957

5,368

12,630

8,469

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Huw Palin ACA (Senior Statutory Auditor)

for and on behalf of BPU Limited