AEK-BOCO FC Trading Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07092094 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2023

for

AEK-BOCO FC Trading Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Russell

L House

REGISTERED OFFICE:

Redland House

157 Redland Road

Redland

Bristol

BS6 6YE

REGISTERED NUMBER:

07092094 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Redland House

157 Redland Road

Redland

Bristol

BS6 6YE

FIXED ASSETS

Tangible assets

4

6,039

6,940

CURRENT ASSETS

Stocks

5

3,094

2,769

Debtors

6

1,335

806

Cash at bank and in hand

37,955

35,332

42,384

38,907

CREDITORS

Amounts falling due within one year

7

43,140

39,614

NET CURRENT LIABILITIES

(756

)

(707

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,283

6,233

PROVISIONS FOR LIABILITIES

163

154

NET ASSETS

5,120

6,079

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

5,020

5,979

SHAREHOLDERS' FUNDS

5,120

6,079

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 November 2023 and were signed on its behalf by:

D Russell - Director

1.	STATUTORY INFORMATION

AEK-BOCO FC Trading 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.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance basis

Computer equipment

-

33.33% on reducing balance basis

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2022

13,567

1,365

14,932

Additions

222

-

222

At 31 May 2023

13,789

1,365

15,154

DEPRECIATION

At 1 June 2022

6,996

996

7,992

Charge for year

1,000

123

1,123

At 31 May 2023

7,996

1,119

9,115

NET BOOK VALUE

At 31 May 2023

5,793

246

6,039

At 31 May 2022

6,571

369

6,940

5.

STOCKS

2023

2022

£

£

Stocks

3,094

2,769

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Prepayments

1,335

806

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

2,603

5,126

AEK Boco FC Ltd

11,667

20,576

VAT

4,871

2,562

Other creditors

503

286

Charitable donations payable

21,236

8,580

Accrued expenses

2,260

2,484

43,140

39,614

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

100

Ordinary

1

100

100

100% share holding by AEK Boco FC Ltd (Registered Charity Number 1123679)

9.

RESERVES

Retained

earnings

£

At 1 June 2022

5,979

Deficit for the year

(959

)

At 31 May 2023

5,020

10.	RELATED PARTY DISCLOSURES

Amount advanced by parent company AEK Boco FC Ltd at 31/05/2023 is £11,666.70 (2022, £20,575.57).

11.	ULTIMATE CONTROLLING PARTY

The 100 % shares of the company are owned by AEK Boco FC Ltd , a charitable company .(Registered charity number 1123679).