Company Registration No. 03196335 (England and Wales)
Colwyn Bay Football Club Limited
Unaudited accounts
for the year ended 30 November 2021
Colwyn Bay Football Club Limited
Unaudited accounts
Contents
Colwyn Bay Football Club Limited
Company Information
for the year ended 30 November 2021
Directors
Mr D Roberts
Mr N Coverley
Mr B Titchiner
Mr D L Titchiner
Mr C S Roberts
Mr C E Hughes
Mr B Madden
Company Number
03196335 (England and Wales)
Registered Office
The Stadium, Llanelian Road
Old Colwyn
Colwyn Bay
Conwy
LL29 8UN
Accountants
Bisby Accountancy
12 Penrhyn Beach West
Penrhyn Bay
Llandudno
Conwy
LL30 3NW
Colwyn Bay Football Club Limited
Statement of financial position
as at 30 November 2021
Tangible assets
88,757
98,451
Cash at bank and in hand
16,230
31,503
Creditors: amounts falling due within one year
(25,676)
(32,693)
Net current assets
6,791
436
Called up share capital
199,729
199,729
Revaluation reserve
82,142
82,142
Profit and loss account
(186,323)
(182,984)
Shareholders' funds
95,548
98,887
For the year ending 30 November 2021 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 12 August 2022 and were signed on its behalf by
Mr N Coverley
Director
Company Registration No. 03196335
Colwyn Bay Football Club Limited
Notes to the Accounts
for the year ended 30 November 2021
Colwyn Bay Football Club Limited is a private company, limited by shares, registered in England and Wales, registration number 03196335. The registered office is The Stadium, Llanelian Road, Old Colwyn, Colwyn Bay, Conwy, LL29 8UN.
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
2% and 10% Straight Line
Plant & machinery
10% Straight Line and 15% Reducing Balance
Fixtures & fittings
20% Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Colwyn Bay Football Club Limited
Notes to the Accounts
for the year ended 30 November 2021
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2020
117,786
57,125
5,845
180,756
At 30 November 2021
117,786
57,842
5,845
181,473
At 1 December 2020
32,920
45,038
4,347
82,305
Charge for the year
3,926
6,021
464
10,411
At 30 November 2021
36,846
51,059
4,811
92,716
At 30 November 2021
80,940
6,783
1,034
88,757
At 30 November 2020
84,866
12,087
1,498
98,451
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
472
1,265
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
8,017
6,279
Taxes and social security
2,347
-
Other creditors
10,974
17,659
As at 30 November 2021 and 30 November 2020 there were no amounts payable in respect of player transfers.
As at 30 November 2021 and 30 November 2020 there were no amounts payable in respect of bank loans and provisions.
Also included within other creditors is an outstanding loan to D Messom. As at 30 November 2020 the balance was £9,000 owing to D Messom. As at 30 November 2021 £9,000 was still due back to D Messom.
Colwyn Bay Football Club Limited
Notes to the Accounts
for the year ended 30 November 2021
7
Transactions with related parties
Mr D Titchiner, a director regularly donates money into the club to support its ability to continue as a going concern.
Mr B Titchiner, a director also donated money into the club to support its ability to continue as a going concern. Within this period, donations totalled £10,000.
Other related parties are Colwyn Bay Football Academy and Colwyn Bay Football in the Community, which are ran as separate entities and transactions between the two are those in the normal course of business,
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Average number of employees
During the year the average number of employees was 18 (2020: 24).
