CLUB RIGHT LTD

2022-04-012023-03-312023-03-31false08046467CLUB RIGHT LTD2023-12-2062012iso4217:GBPxbrli:pure080464672022-04-01080464672023-03-31080464672022-04-012023-03-31080464672021-04-01080464672022-03-31080464672021-04-012022-03-3108046467bus:SmallEntities2022-04-012023-03-3108046467bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3108046467bus:FullAccounts2022-04-012023-03-3108046467bus:PrivateLimitedCompanyLtd2022-04-012023-03-3108046467core:WithinOneYear2023-03-3108046467core:AfterOneYear2023-03-3108046467core:WithinOneYear2022-03-3108046467core:AfterOneYear2022-03-3108046467core:ShareCapital2023-03-3108046467core:SharePremium2023-03-3108046467core:RevaluationReserve2023-03-3108046467core:OtherReservesSubtotal2023-03-3108046467core:RetainedEarningsAccumulatedLosses2023-03-3108046467core:ShareCapital2022-03-3108046467core:SharePremium2022-03-3108046467core:RevaluationReserve2022-03-3108046467core:OtherReservesSubtotal2022-03-3108046467core:RetainedEarningsAccumulatedLosses2022-03-3108046467core:LandBuildings2023-03-3108046467core:PlantMachinery2023-03-3108046467core:Vehicles2023-03-3108046467core:FurnitureFittings2023-03-3108046467core:OfficeEquipment2023-03-3108046467core:NetGoodwill2023-03-3108046467core:IntangibleAssetsOtherThanGoodwill2023-03-3108046467core:ListedExchangeTraded2023-03-3108046467core:UnlistedNon-exchangeTraded2023-03-3108046467core:LandBuildings2022-03-3108046467core:PlantMachinery2022-03-3108046467core:Vehicles2022-03-3108046467core:FurnitureFittings2022-03-3108046467core:OfficeEquipment2022-03-3108046467core:NetGoodwill2022-03-3108046467core:IntangibleAssetsOtherThanGoodwill2022-03-3108046467core:ListedExchangeTraded2022-03-3108046467core:UnlistedNon-exchangeTraded2022-03-3108046467core:LandBuildings2022-04-012023-03-3108046467core:PlantMachinery2022-04-012023-03-3108046467core:Vehicles2022-04-012023-03-3108046467core:FurnitureFittings2022-04-012023-03-3108046467core:OfficeEquipment2022-04-012023-03-3108046467core:NetGoodwill2022-04-012023-03-3108046467core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3108046467core:ListedExchangeTraded2022-04-012023-03-3108046467core:UnlistedNon-exchangeTraded2022-04-012023-03-3108046467core:MoreThanFiveYears2022-04-012023-03-3108046467core:Non-currentFinancialInstruments2023-03-3108046467core:Non-currentFinancialInstruments2022-03-3108046467dpl:CostSales2022-04-012023-03-3108046467dpl:DistributionCosts2022-04-012023-03-3108046467core:LandBuildings2022-04-012023-03-3108046467core:PlantMachinery2022-04-012023-03-3108046467core:Vehicles2022-04-012023-03-3108046467core:FurnitureFittings2022-04-012023-03-3108046467core:OfficeEquipment2022-04-012023-03-3108046467dpl:AdministrativeExpenses2022-04-012023-03-3108046467core:NetGoodwill2022-04-012023-03-3108046467core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3108046467dpl:GroupUndertakings2022-04-012023-03-3108046467dpl:ParticipatingInterests2022-04-012023-03-3108046467dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3108046467core:ListedExchangeTraded2022-04-012023-03-3108046467dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3108046467core:UnlistedNon-exchangeTraded2022-04-012023-03-3108046467dpl:CostSales2021-04-012022-03-3108046467dpl:DistributionCosts2021-04-012022-03-3108046467core:LandBuildings2021-04-012022-03-3108046467core:PlantMachinery2021-04-012022-03-3108046467core:Vehicles2021-04-012022-03-3108046467core:FurnitureFittings2021-04-012022-03-3108046467core:OfficeEquipment2021-04-012022-03-3108046467dpl:AdministrativeExpenses2021-04-012022-03-3108046467core:NetGoodwill2021-04-012022-03-3108046467core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3108046467dpl:GroupUndertakings2021-04-012022-03-3108046467dpl:ParticipatingInterests2021-04-012022-03-3108046467dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3108046467core:ListedExchangeTraded2021-04-012022-03-3108046467dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3108046467core:UnlistedNon-exchangeTraded2021-04-012022-03-3108046467core:NetGoodwill2023-03-3108046467core:IntangibleAssetsOtherThanGoodwill2023-03-3108046467core:LandBuildings2023-03-3108046467core:PlantMachinery2023-03-3108046467core:Vehicles2023-03-3108046467core:FurnitureFittings2023-03-3108046467core:OfficeEquipment2023-03-3108046467core:AfterOneYear2023-03-3108046467core:WithinOneYear2023-03-3108046467core:ListedExchangeTraded2023-03-3108046467core:UnlistedNon-exchangeTraded2023-03-3108046467core:ShareCapital2023-03-3108046467core:SharePremium2023-03-3108046467core:RevaluationReserve2023-03-3108046467core:OtherReservesSubtotal2023-03-3108046467core:RetainedEarningsAccumulatedLosses2023-03-3108046467core:NetGoodwill2022-03-3108046467core:IntangibleAssetsOtherThanGoodwill2022-03-3108046467core:LandBuildings2022-03-3108046467core:PlantMachinery2022-03-3108046467core:Vehicles2022-03-3108046467core:FurnitureFittings2022-03-3108046467core:OfficeEquipment2022-03-3108046467core:AfterOneYear2022-03-3108046467core:WithinOneYear2022-03-3108046467core:ListedExc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CLUB RIGHT LTD

Registered Number
08046467
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

CLUB RIGHT LTD

Company Information
for the year from 1 April 2022 to 31 March 2023


Directors	CHAPMAN, Owen
	DULIEU, Tina
	HEATH, Wayne Oliver
	WHITE, Gary John


Registered Address	Unit 4 Radford Business Park
	Radford Way
	Billericay
	CM12 0DP


Registered Number	08046467 (England and Wales)

CLUB RIGHT LTD

Balance Sheet as at
31 March 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	5		5,798		6,668
Investments	6		933		-
			6,731		6,668
Current assets
Debtors	7	86,776		86,222
Cash at bank and on hand		23,274		13,230
		110,050		99,452
Creditors amounts falling due within one year	8	(228,563)		(197,737)
Net current assets (liabilities)			(118,513)		(98,285)
Total assets less current liabilities			(111,782)		(91,617)
Creditors amounts falling due after one year	9		(35,532)		(44,040)
Net assets			(147,314)		(135,657)
Capital and reserves
Called up share capital			10,000		1,000
Profit and loss account			(157,314)		(136,657)
Shareholders' funds			(147,314)		(135,657)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 20 December 2023, and are signed on its behalf by:

HEATH, Wayne Oliver
Director
Registered Company No. 08046467

CLUB RIGHT LTD

Notes to the Financial Statements
for the year ended 31 March 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	20
	Fixtures and fittings	20

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investments policy
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments policy

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

4.	Employee information


		2023		2022
	Average number of employees during the year	16		11

5.	Property, plant and equipment

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 22	4,056	7,927	11,983
Additions	-	695	695
At 31 March 23	4,056	8,622	12,678
Depreciation and impairment
At 01 April 22	2,112	3,203	5,315
Charge for year	438	1,127	1,565
At 31 March 23	2,550	4,330	6,880
Net book value
At 31 March 23	1,506	4,292	5,798
At 31 March 22	1,944	4,724	6,668

6.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
Additions	933	933
At 31 March 23	933	933
Net book value
At 31 March 23	933	933
At 31 March 22	-	-

	Notes
	¹Investments in group undertakings and participating interests

7.	Debtors

	2023	2022
	£	£
Trade debtors / trade receivables	76,976	82,687
Other debtors	-	35
Prepayments and accrued income	9,800	3,500
Total	86,776	86,222


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

8.	Creditors within one year

	2023	2022
	£	£
Trade creditors / trade payables	59,475	39,398
Bank borrowings and overdrafts	51,683	-
Taxation and social security	34,343	72,577
Other creditors	79,562	81,562
Accrued liabilities and deferred income	3,500	4,200
Total	228,563	197,737


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

9.	Creditors after one year

	2023	2022
	£	£
Bank borrowings and overdrafts	35,532	44,040
Total	35,532	44,040