Lillycombe Sporting Club Limited - Period Ending 2021-01-31

LILLYCOMBE SPORTING CLUB LIMITED - Company Information

Lillycombe Sporting Club Limited 10571407 false 2020-02-01 2021-01-31 2021-01-31 The principal activity of the company is that of a sporting society. Digita Accounts Production Advanced 6.29.9459.0 Software true true 10571407 2020-02-01 2021-01-31 10571407 2021-01-31 10571407 core:RetainedEarningsAccumulatedLosses 2021-01-31 10571407 core:CurrentFinancialInstruments 2021-01-31 10571407 core:CurrentFinancialInstruments core:WithinOneYear 2021-01-31 10571407 core:FurnitureFittings 2021-01-31 10571407 core:PlantMachinery 2021-01-31 10571407 bus:SmallEntities 2020-02-01 2021-01-31 10571407 bus:AuditExemptWithAccountantsReport 2020-02-01 2021-01-31 10571407 bus:FullAccounts 2020-02-01 2021-01-31 10571407 bus:RegisteredOffice 2020-02-01 2021-01-31 10571407 bus:Director2 2020-02-01 2021-01-31 10571407 bus:Director3 2020-02-01 2021-01-31 10571407 bus:PrivateLimitedCompanyLtd 2020-02-01 2021-01-31 10571407 core:FurnitureFittings 2020-02-01 2021-01-31 10571407 core:PlantMachinery 2020-02-01 2021-01-31 10571407 countries:AllCountries 2020-02-01 2021-01-31 10571407 2020-01-31 10571407 core:FurnitureFittings 2020-01-31 10571407 core:PlantMachinery 2020-01-31 10571407 2019-02-01 2020-01-31 10571407 2020-01-31 10571407 core:RetainedEarningsAccumulatedLosses 2020-01-31 10571407 core:CurrentFinancialInstruments 2020-01-31 10571407 core:CurrentFinancialInstruments core:WithinOneYear 2020-01-31 10571407 core:FurnitureFittings 2020-01-31 10571407 core:PlantMachinery 2020-01-31 iso4217:GBP xbrli:pure

Registration number: 10571407

Lillycombe Sporting Club Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 January 2021

Lillycombe Sporting Club Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 3

Lillycombe Sporting Club Limited

(Registration number: 10571407)
Balance Sheet as at 31 January 2021

	Note	2021 £	2020 £
Fixed assets
Tangible assets	4	6,738	5,533
Current assets
Debtors	5	77,824	16,474
Cash at bank and in hand		157,279	82,488
		235,103	98,962
Creditors: Amounts falling due within one year	6	(414,727)	(164,610)
Net current liabilities		(179,624)	(65,648)
Net liabilities		(172,886)	(60,115)
Capital and reserves
Profit and loss account		(172,886)	(60,115)
Total equity		(172,886)	(60,115)

For the financial year ending 31 January 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 of its accounts for the year in question in accordance with section 476; and
	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 15 October 2021 and signed on its behalf by:

Mr J Barnes

Director

Mrs J M Martin

Director

Lillycombe Sporting Club Limited

Notes to the Financial Statements for the Year Ended 31 January 2021

1	General information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
Mortimer Lodge
Clifton Down Road
Clifton
Bristol
BS8 4AE
England

2	Accounting policies

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company is reliant upon the support of its members.

The members have given assurance they will continue to support the club and therefore the financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	20% reducing balance
Plant and Machinery	20% reducing balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 10 (2020 - 10).

Lillycombe Sporting Club Limited

Notes to the Financial Statements for the Year Ended 31 January 2021

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Total £
Cost or valuation
At 1 February 2020	6,990	1,860	8,850
Additions	1,525	1,365	2,890
At 31 January 2021	8,515	3,225	11,740
Depreciation
At 1 February 2020	2,706	612	3,318
Charge for the period	1,161	523	1,684
At 31 January 2021	3,867	1,135	5,002
Carrying amount
At 31 January 2021	4,648	2,090	6,738
At 31 January 2020	4,284	1,249	5,533

Debtors

	2021 £	2020 £
Trade debtors	16,474	16,474
Other debtors	61,350	-
	77,824	16,474

Creditors

	2021 £	2020 £
Due within one year
Bank loans and overdrafts	164	164
Trade creditors	124,298	103,326
Taxation and social security	2,161	3,174
Other creditors	288,104	57,946
	414,727	164,610