Doncaster Rovers Limited - Accounts to registrar (filleted) - small 18.2
Doncaster Rovers Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| DONCASTER ROVERS LIMITED |
| AUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2020 |
| DONCASTER ROVERS LIMITED (REGISTERED NUMBER: 03739676) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| DONCASTER ROVERS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 JUNE 2020 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| SENIOR STATUTORY AUDITOR: |
| AUDITORS: |
| Chartered Accountants |
| Statutory Auditors |
| Sidings House |
| Sidings Court |
| Lakeside |
| Doncaster |
| South Yorkshire |
| DN4 5NU |
| DONCASTER ROVERS LIMITED (REGISTERED NUMBER: 03739676) |
| BALANCE SHEET |
| 30 JUNE 2020 |
| 2020 | 2019 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 |
| DONCASTER ROVERS LIMITED (REGISTERED NUMBER: 03739676) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2020 |
| 1. | STATUTORY INFORMATION |
| Doncaster Rovers Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Going Concern |
| The accounts have been prepared on the going concern basis. At 30 June 2020, the company had net liabilities of £854,645 (2019: £7,047,895). The directors consider the basis of the preparation to be appropriate based on their continuing financial support of the company's principal creditors and ultimate controlling parties and its future operating prospects. |
| Turnover |
| Turnover represents various income streams associated with operating a professional football club including gate receipts, transfer fees receivable and commercial income. |
| Transfer and signing on fees |
| The cost of players' registrations are capitalised and amortised over the period of the respective players' contracts. |
| Signing on fees are capitalised and amortised in full in the year that they are paid. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Government grants |
| Coronavirus Job Retention Scheme grant income is recognised in the period to which the underlying furloughed staff costs relate to. The payroll liability has been incurred by the entity, and it has therefore met the conditions to claim for that payroll accounting period. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 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. |
| DONCASTER ROVERS LIMITED (REGISTERED NUMBER: 03739676) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2020 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2019 - |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| At 1 July 2019 |
| Additions |
| Disposals | ( |
) |
| At 30 June 2020 |
| AMORTISATION |
| At 1 July 2019 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 June 2020 |
| NET BOOK VALUE |
| At 30 June 2020 |
| At 30 June 2019 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 July 2019 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 June 2020 |
| DEPRECIATION |
| At 1 July 2019 |
| Charge for year |
| At 30 June 2020 |
| NET BOOK VALUE |
| At 30 June 2020 |
| At 30 June 2019 |
| DONCASTER ROVERS LIMITED (REGISTERED NUMBER: 03739676) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2020 |
| 5. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 July 2019 |
| and 30 June 2020 |
| DEPRECIATION |
| At 1 July 2019 |
| Charge for year |
| At 30 June 2020 |
| NET BOOK VALUE |
| At 30 June 2020 |
| At 30 June 2019 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Included in Trade Debtors is £90,000 (2019 £93,000) which is receivable after more than one year. |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Hire purchase contracts |
| DONCASTER ROVERS LIMITED (REGISTERED NUMBER: 03739676) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2020 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2020 | 2019 |
| £ | £ |
| Hire purchase contracts | 7,603 | 13,081 |
| Hire purchase borrowings are secured by way of charges over the relevant assets. |
| 10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 11. | RELATED PARTY DISCLOSURES |
| At the year end, the Company was due an amount of £49,475 from Club Doncaster Limited (2019: Creditor £6,419,505 ), the Company's ultimate parent undertaking. There are no formal repayment terms and no interest has been charged on the amounts outstanding. |
| At the year end, the Company owed an amount of £51,856 (2019: £187,290) to Club Doncaster Community Sports & Education Foundation, a Company which G Baldwin is a director. There is no formal repayment terms and no interest has been charged on the outstanding amounts. |
| The Company trades with Club Doncaster Community & Sports Foundation and during the year, made sales of £298,098 (2019: £63,331) with £32,866 (2019: £2,466) receivable at the year end. |
| The Company trades with Doncaster Rugby League Club Limited, a Company which G Baldwin is a director, during the year made sales of £13,716 (2019: £22,039), with £nil (2019: £Nil) receivable at the year end. |
| The Company also made purchases and incurred recharges of expenses from Doncaster Rugby League Club Limited totalling £105,900 (2019: £89,102) , with £171,000 (2019: £57,000) payable at the year end. |
| At the year end included in Other Debtors is £369,896 (2019: £228,542) due from from Doncaster Rugby League Club Limited. The are no formal repayment terms and no interest has been charged on the outstanding amount. |
| 12. | ULTIMATE CONTROLLING PARTY |
| The Company is controlled by the Directors who collectively own 85.8% of the ordinary share capital by virtue of their shareholdings in Club Doncaster Limited the Company's immediate parent undertaking. |