Pembroke Rugby Football Club Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11554350 (England and Wales)

PEMBROKE RUGBY FOOTBALL CLUB LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 APRIL 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M A James

R C Jelley

J W Richards

N C Shiels

D Willington

SECRETARY:

REGISTERED OFFICE:

Crickmarren Field

Upper Lamphey Road

Pembroke

Pembrokeshire

SA71 4AY

REGISTERED NUMBER:

11554350 (England and Wales)

ACCOUNTANTS:

Bevan Buckland LLP

Chartered Accountants

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

FIXED ASSETS

Tangible assets

4

32,080

25,648

Investments

5

14,000

46,080

39,648

CURRENT ASSETS

Stocks

1,000

4,230

Cash at bank and in hand

6

33,039

60,098

34,039

64,328

CREDITORS

Amounts falling due within one year

7

4,402

20,708

NET CURRENT ASSETS

29,637

43,620

TOTAL ASSETS LESS CURRENT
LIABILITIES

75,717

83,268

RESERVES

Members funds

96,655

Income and expenditure account

(20,938

)

(13,387

)

75,717

83,268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 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 and authorised for issue on 1 October 2020 and were signed on its behalf by:

Mrs M A James - Director

R C Jelley - Director

J W Richards - Director

N C Shiels - Director

D Willington - Director

1.	STATUTORY INFORMATION

Pembroke Rugby Football Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2019 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

COST

At 1 May 2019

18,937

8,388

27,325

Additions

-

9,718

At 30 April 2020

18,937

18,106

37,043

DEPRECIATION

At 1 May 2019

-

1,677

Charge for year

-

3,286

At 30 April 2020

-

4,963

NET BOOK VALUE

At 30 April 2020

18,937

13,143

32,080

At 30 April 2019

18,937

6,711

25,648

Rugby Club

Social Club

£

Net Book Value

Freehold property and land

18,937

-

Plant and equipment

6,076

7,067

Total NBV

25,013

7,067

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2020

2019

£

Debentures transferred from Pembroke Rugby
Football Club

14,000

6.	CASH AT BANK AND IN HAND

2020

2019

£

Rugby Club

Natwest Current Account

2,093

5,043

Natwest Capital Reserve Account

16,255

16,230

18,348

21,273

Social Club

Natwest Bar Account

1,704

22,960

Natwest Bandit Account

2,817

926

Natwest Stewards Bond Account

1,007

1,005

Natwest Bonus Saver Account

8,174

12,944

Cash In Hand

990

14,692

38,825

Total Cash at bank and in hand

30,040

60,098

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

Trade creditors

964

3,992

Taxation and social security

1,231

4,011

Other creditors

2,207

12,705

4,402

20,708

8.	LIMITED BY GUARANTEE

Pembroke Rugby Football Club Limited is limited by guarantee of its members, each member guarantees £1 only.

Pembroke Rugby Football Club Limited - Accounts to registrar (filleted) - small 18.2

Pembroke Rugby Football Club Limited - Accounts to registrar (filleted) - small 18.2