Table Tennis Assoc. Wales - Accounts to registrar (filleted) - small 18.2

The Table Tennis Association of Wales

Limited

Audited Financial Statements for the Year Ended 31 March 2021

DIRECTORS:

N O'Connell

G M H Lewis

S M G Heydon

N Arthur

K Asveld

D B Bromage

P B Francis

C A Jones

B D Rose

B C Stirling

SECRETARY:

N O'Connell

REGISTERED OFFICE:

Sport Wales National Centre

Sophia Gardens

Cardiff

CF11 9SW

REGISTERED NUMBER:

04779322 (England and Wales)

SENIOR STATUTORY AUDITOR:

Colin William Russell FCCA, FCA

AUDITORS:

BPU Limited

Chartered Accountants

Statutory Auditor

Radnor House

Greenwood Close

Cardiff Gate Business Park

Cardiff

CF23 8AA

BANKERS:

Lloyds Bank Plc

42 Commercial Street

Newport

NP20 1WX

FIXED ASSETS

Tangible assets

3

2,882

-

CURRENT ASSETS

Debtors

4

12,541

10,685

Cash at bank

123,988

64,352

136,529

75,037

CREDITORS

Amounts falling due within one year

5

89,890

22,692

NET CURRENT ASSETS

46,639

52,345

TOTAL ASSETS LESS CURRENT LIABILITIES

49,521

52,345

RESERVES

Income and expenditure account

49,521

52,345

49,521

52,345

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2021 and were signed on its behalf by:

N Arthur - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

Income represents sums received from grants, sponsorship, membership and affiliation fees.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% straight line

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2020 - 7 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2020

3,127

Additions

3,294

At 31 March 2021

6,421

DEPRECIATION

At 1 April 2020

3,127

Charge for year

412

At 31 March 2021

3,539

NET BOOK VALUE

At 31 March 2021

2,882

At 31 March 2020

-

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

8,000

5,000

Other debtors

310

310

Prepayments and accrued income

4,231

5,375

12,541

10,685

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

18,906

6,586

Social security and other taxes

3,356

4,172

Accruals and deferred income

67,628

11,934

89,890

22,692

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Colin William Russell FCCA, FCA (Senior Statutory Auditor)

for and on behalf of BPU Limited