Company Registration No. 11256870 (England and Wales)
UK FOOTBALL SCHOOLS LTD
Unaudited accounts
for the year ended 31 March 2022
UK FOOTBALL SCHOOLS LTD
Unaudited accounts
Contents
UK FOOTBALL SCHOOLS LTD
Company Information
for the year ended 31 March 2022
Directors
Mr J H Price
Mr H L Price
Mr C Woodburn
Company Number
11256870 (England and Wales)
Registered Office
The Pool Innovation Centre
Trevenson Road
Redruth
Cornwall
TR15 3PL
UK FOOTBALL SCHOOLS LTD
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
475,967
248,644
Creditors: amounts falling due within one year
(204,688)
(74,342)
Net current assets
271,369
176,717
Net assets
271,369
176,717
Called up share capital
102
102
Profit and loss account
271,267
176,615
Shareholders' funds
271,369
176,717
For the year ending 31 March 2022 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 29 April 2022 and were signed on its behalf by
Mr J H Price
Director
Company Registration No. 11256870
UK FOOTBALL SCHOOLS LTD
Notes to the Accounts
for the year ended 31 March 2022
UK FOOTBALL SCHOOLS LTD is a private company, limited by shares, registered in England and Wales, registration number 11256870. The registered office is The Pool Innovation Centre, Trevenson Road, Redruth, Cornwall, TR15 3PL.
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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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Debtors: amounts falling due within one year
2022
2021
Accrued income and prepayments
-
2,325
UK FOOTBALL SCHOOLS LTD
Notes to the Accounts
for the year ended 31 March 2022
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Creditors: amounts falling due within one year
2022
2021
Taxes and social security
125,990
64,818
Other creditors
11,121
8,874
Allotted, called up and fully paid:
102 Ordinary shares of £1 each
102
102
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Transactions with related parties
During the year, the company made purchases from the following company's;
UK Football Trials Limited £3,360 (2021 - £22,890)
Football Guardians Limited nil (2021 - £3,747)
As at the year end the company owed £10,719 (2021 - £8,719) to Football Guardians Limited
Mr J H Price and Mr H L Price are directors and shareholders of UK Football Trials Limited and Football Guardians Limited
Mr C Woodburn is a director and shareholder of Football Guardians Limited
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Average number of employees
During the year the average number of employees was 3 (2021: 3).
