Devon County F A Property Management Limited 31/12/2020 iXBRL
Devon County F A Property Management Limited 31/12/2020 iXBRL
Company registration number:
06942343
Unaudited filleted financial statements
DEVON COUNTY F A PROPERTY MANAGEMENT LIMITED
Contents
Statement of financial position
Notes to the financial statements
DEVON COUNTY F A PROPERTY MANAGEMENT LIMITED
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2020
2020 | 2019 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 7 |
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_______ | _______ | ||||||||
Net current liabilities |
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_______ | _______ | ||||||||
Total assets less current liabilities |
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_______ | _______ | ||||||||
Net assets |
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
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_______ | _______ | ||||||||
Shareholders funds |
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_______ | _______ | ||||||||
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
27 May 2021
, and are signed on behalf of the board by:
Director
Company registration number:
06942343
DEVON COUNTY F A PROPERTY MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2020
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is County Headquarters, Coach Road, Newton Abbot, Devon, TQ12 1EJ.
Principal activity
The principal activity of the company is the management of the club house and football ground at Coach Road, Newton Abbot.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Long leasehold property | - |
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Plant and machinery | - |
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Fittings fixtures and equipment | - |
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Impairment
Stocks
Government grants
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
11
(2019:
10
).
5.
Tangible assets
Long leasehold property | Plant and machinery | Fixtures, fittings and equipment | Total | ||
£ | £ | £ | £ | ||
Cost | |||||
At 1 January 2020 and 31 December 2020 |
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Depreciation | |||||
At 1 January 2020 |
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Charge for the year |
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At 31 December 2020 |
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Carrying amount | |||||
At 31 December 2020 |
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_______ | _______ | _______ | _______ | ||
At 31 December 2019 |
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_______ | _______ | _______ | _______ | ||
6.
Debtors
2020 | 2019 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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_______ | _______ | |||
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7.
Creditors: amounts falling due within one year
2020 | 2019 | |||
£ | £ | |||
Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Accruals and deferred income |
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_______ | _______ | |||
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_______ | _______ | |||
8.
Reserves
9.
Controlling party
10.
Post balance sheet events
At the end of the financial year, the country was still in the middle of the response to the COVID-19 global pandemic. There remained uncertainty around the impact of this, and indeed before the end of the year, another national lockdown was implemented. Under government guidance, the company was required to close all activities before the balance sheet date, but the effects of closure have since become clearer. The directors of Devon County F A Property Management Company Limited have and will continue to evaluate management actions to mitigate the impact on the company. The company has adopted initiatives to safeguard the health of its people and actions aimed at maintaining operational activity where possible.
11.
Government grants
During the year the company was the recipient of economic benefits as a result of participating in the Business Support Grant frm Teignbridge District Council of £10,000.