Company Registration No. 00604198 (England and Wales)
Malpas and District Sports Club Limited
Unaudited accounts
for the year ended 31 March 2020
Malpas and District Sports Club Limited
Unaudited accounts
Contents
Malpas and District Sports Club Limited
Company Information
for the year ended 31 March 2020
Directors
M.R. Bradley (Chairman)
R.S. Leslie
R.C. Peak
R. Wardle
M. Shackleton
S Nicholas
Richard Charlton
Thomas Lloyd
Andrew Hughes
Nigel Shone
Company Number
00604198 (England and Wales)
Malpas and District Sports Club Limited
Statement of financial position
as at 31 March 2020
Tangible assets
143,036
145,101
Cash at bank and in hand
2,941
4,983
Creditors: amounts falling due within one year
(1,247)
(5,635)
Net current assets
7,815
6,036
Net assets
150,851
151,137
Revaluation reserve
52,095
52,095
Profit and loss account
98,756
99,042
Members' funds
150,851
151,137
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2020 and were signed on its behalf by
M.R. Bradley (Chairman)
Director
Company Registration No. 00604198
Malpas and District Sports Club Limited
Notes to the Accounts
for the year ended 31 March 2020
Malpas and District Sports Club Limited is a private company, limited by guarantee, registered in England and Wales, registration number 00604198.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land, buildings and football stands - nil
Playing fields and courts - 1.5% on cost
Tennis courts - 4% on cost
Hard Surfaces - 15 years straight line
Plant and equipment - 15% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2019
199,283
33,827
233,110
At 31 March 2020
199,283
33,827
233,110
At 1 April 2019
60,998
27,011
88,009
Charge for the year
975
1,090
2,065
At 31 March 2020
61,973
28,101
90,074
At 31 March 2020
137,310
5,726
143,036
At 31 March 2019
138,285
6,816
145,101
Finished goods
2,921
3,488
Malpas and District Sports Club Limited
Notes to the Accounts
for the year ended 31 March 2020
7
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
1,247
2,002
8
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1 per member.
9
Average number of employees
During the year the average number of employees was 4 (2019: 3).
