Skateboard England - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09861477 (England and Wales)

Skateboard England

Unaudited Financial Statements

For The Year Ended 31 July 2019

Page

Balance Sheet

1

Notes to the Financial Statements

2

Report of the Accountants

4

CURRENT ASSETS

Debtors

4

26,876

764

Cash at bank

28,852

1,094

55,728

1,858

CREDITORS

Amounts falling due within one year

5

52,196

6,020

NET CURRENT ASSETS/(LIABILITIES)

3,532

(4,162

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,532

(4,162

)

RESERVES

Income and expenditure account

3,532

(4,162

)

3,532

(4,162

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2019 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 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.

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 on 19 November 2019 and were signed on its behalf by:

L A Adams - Director

1.	STATUTORY INFORMATION

Skateboard England is a private company, limited by guarantee , registered in England and Wales. The

company's registered number and registered office address are as below:

Registered number:

09861477

Registered office:

Unit 6

Acorn Business Park

Woodseats Close

Sheffield

S8 0TB

2.	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.

Turnover

Turnover represents grants, royalties, subscriptions from members and income generated from the national

championships, and is measured at the fair value of the consideration received or receivable.

Government grants

The company applies the accruals model to Government grants and classifies grants as either a grant relating to

revenue or a grant relating to assets.

Grants relating to revenue are recognised in income on a systematic basis over the periods in which the company

recognises the related costs for which the grants are intended to compensate.

Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2018 - 10 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

-

385

Other debtors

26,244

40

Prepayments

632

339

26,876

764

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

399

-

Social security and other taxes

2,336

-

Other creditors

66

-

Deferred income

32,677

698

Accrued expenses

16,718

5,322

52,196

6,020

6.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount

to £16,800 (2018: £nil).

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2019 set out on pages two to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report may not be relied upon by any person for any other purpose whatsoever.

Roddis Taylor Robinson neither owes nor accepts any duty to any other party and shall not be liable for any loss,

damage or expenses of whatsoever nature which is caused by their reliance on these accounts.

Roddis Taylor Robinson

Chartered Accountants

Unit 6, Acorn Business Park

Woodseats Close

Sheffield

South Yorkshire

S8 0TB

19 November 2019