Gresley Rovers in the Community Limited - Period Ending 2020-11-30

Gresley Rovers in the Community Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 4

Gresley Rovers in the Community Limited

Company Information

Directors

Mr G Brockway Mr M Toulson

Registered office

Moat Ground Moat Street Gresley Swadlincote Derbyshire DE11 9RE

Accountants

RWB CA Limited Northgate House North Gate New Basford Nottingham NG7 7BQ

Gresley Rovers in the Community Limited

(Registration number: 09322711)
Balance Sheet as at 30 November 2020

	Note	2020 £	2019 £
Current assets
Cash at bank and in hand		5,093	3,963
Creditors: Amounts falling due within one year	4	(2,636)	(2,636)
Net assets		2,457	1,327
Capital and reserves
Profit and loss account		2,457	1,327
Shareholders' funds		2,457	1,327

For the financial year ending 30 November 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	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 20 August 2021 and signed on its behalf by:
 

.........................................

Mr G Brockway
Director

Gresley Rovers in the Community Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2020

1	General information

The company is a company limited by guarantee, incorporated in England & Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Moat Ground
Moat Street
Gresley
Swadlincote
Derbyshire
DE11 9RE

These financial statements were authorised for issue by the Board on 20 August 2021.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been 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.

Income and expenditure

Income and expenditure are included in the financial statements as they become receivable or due.

Expenses include VAT where applicable as the company cannot reclaim it.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met.
Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a libility.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Gresley Rovers in the Community Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2020

Financial instruments

Classification
The company only has financial statements that are classified as basic financial statements.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
 
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2019 - 0).

4

Creditors

Creditors: amounts falling due within one year

	Note	2020 £	2019 £
Due within one year
Other creditors		2,636	2,636