NATIONAL COACHING FOUNDATION(THE)

NATIONAL COACHING FOUNDATION(THE)

NATIONAL COACHING FOUNDATION(THE) - Company Information

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NATIONAL COACHING FOUNDATION(THE)

Company Registration Number:
02092919 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

NATIONAL COACHING FOUNDATION(THE)

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

NATIONAL COACHING FOUNDATION(THE)

Balance sheet

As at 31 March 2022


Notes
2022
2021


£
£
Fixed assets
Intangible assets: 3 486,274 607,843
Tangible assets: 4 413,793 386,436
Investments: 5 2,013,618 1,929,050
Total fixed assets: 2,913,685 2,923,329
Current assets
Stocks: 14,521 32,989
Debtors: 6 478,605 439,446
Cash at bank and in hand: 1,128,607 967,907
Investments:   0 0
Total current assets: 1,621,733 1,440,342
Creditors: amounts falling due within one year:   (1,754,523) (1,205,182)
Net current assets (liabilities): (132,790) 235,160
Total assets less current liabilities: 2,780,895 3,158,489
Creditors: amounts falling due after more than one year: 7 (235,539) (302,165)
Provision for liabilities: (25,000) (5,000)
Total net assets (liabilities): 2,520,356 2,851,324
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 2,520,355 2,851,323
Shareholders funds: 2,520,356 2,851,324

The notes form part of these financial statements

NATIONAL COACHING FOUNDATION(THE)

Balance sheet statements

For the year ending 31 March 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 December 2022
and signed on behalf of the board by:

Name: Atholl Duncan
Status: Director

The notes form part of these financial statements

NATIONAL COACHING FOUNDATION(THE)

Notes to the Financial Statements

for the Period Ended 31 March 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NATIONAL COACHING FOUNDATION(THE)

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 2021
Average number of employees during the period 81 78

NATIONAL COACHING FOUNDATION(THE)

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Intangible Assets

Total
Cost £
At 01 April 2021 607,843
Additions 0
Disposals (121,569)
Revaluations 0
Transfers 0
At 31 March 2022 486,274
Amortisation
At 01 April 2021 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 March 2022 0
Net book value
At 31 March 2022 486,274
At 31 March 2021 607,843

NATIONAL COACHING FOUNDATION(THE)

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Tangible Assets

Total
Cost £
At 01 April 2021 627,770
Additions 147,166
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2022 774,936
Depreciation
At 01 April 2021 241,334
Charge for year 119,809
On disposals 0
Other adjustments 0
At 31 March 2022 361,143
Net book value
At 31 March 2022 413,793
At 31 March 2021 386,436

NATIONAL COACHING FOUNDATION(THE)

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Fixed investments

0

NATIONAL COACHING FOUNDATION(THE)

Notes to the Financial Statements

for the Period Ended 31 March 2022

6. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

NATIONAL COACHING FOUNDATION(THE)

Notes to the Financial Statements

for the Period Ended 31 March 2022

7. Creditors: amounts falling due after more than one year note

Finance lease creditor is secured on the assets to which the lease relates

NATIONAL COACHING FOUNDATION(THE)

Notes to the Financial Statements

for the Period Ended 31 March 2022

8. Financial commitments

The finance lease relates to the financing of the fit-out of the new head office at City Walks and IT software.

NATIONAL COACHING FOUNDATION(THE)

Notes to the Financial Statements

for the Period Ended 31 March 2022

9. Related party transactions

Name of the related party: UK Coaching Solutions Ltd
Relationship:
Wholly owned trading subsidiary
Description of the Transaction: Central services recharges in the group
£
Balance at 01 April 2021 317,876
Balance at 31 March 2022 323,232

There were no other related party transactions