Premier Cricket Coaching Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 09951849 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2022

for

Premier Cricket Coaching Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J C Grigg

M Turner

C W Wheeler

REGISTERED OFFICE:

Corfton Road

Ealing

London

W5 2HS

REGISTERED NUMBER:

09951849 (England and Wales)

CURRENT ASSETS

Debtors

4

70,912

99,064

Cash at bank

-

9,226

70,912

108,290

CREDITORS

Amounts falling due within one year

5

70,911

108,289

NET CURRENT ASSETS

1

1

TOTAL ASSETS LESS CURRENT LIABILITIES

1

1

CAPITAL AND RESERVES

Called up share capital

1

1

1

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 March 2023 and were signed on its behalf by:

J C Grigg - Director

1.	STATUTORY INFORMATION

Premier Cricket Coaching Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Going concern

The financial statements have been prepared on the basis of going concern, the validity of which is dependent on the continued support of the parent and ultimate parent companies.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

70,912

99,064

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

2,554

1,772

Other creditors

68,357

106,517

70,911

108,289

6.	RELATED PARTY DISCLOSURES

The controlling party is Ealing Cricket and Social Club Ltd, which owns 100 % of the issued share capital. Consolidated accounts have not been prepared since the two companies form a small group. Premier Cricket Coaching Limited donates its taxable profits to its ultimate parent charitable company, Ealing Cricket Club.

The balance as at 30 September 2022, owed to Ealing Cricket & Social Club Ltd was £10,386 (2021: £20,588) and the balance owed from Ealing Cricket Club was £70,411 (2021: £81,274).

7.	ULTIMATE CONTROLLING PARTY

The ultimate holding company is Ealing Cricket Club, a charitable company incorporated in England & Wales under number 07625534 and charity registration number 1141973. Ealing Cricket Club is exempt from the requirement to prepare group accounts, as it is a small company at the head of a small group.