Company Registration No. 04007651 (England and Wales)
Coalville Rugby Football Club Properties Limited
Unaudited accounts
for the year ended 31 August 2023
Coalville Rugby Football Club Properties Limited
Unaudited accounts
Contents
Coalville Rugby Football Club Properties Limited
Company Information
for the year ended 31 August 2023
Directors
David Frank Burchell
Stephen White
David Luke Pickering
David John Smith
Company Number
04007651 (England and Wales)
Registered Office
Memorial Ground
Hall Lane
Whitwick
Leicestershire
LE67 5PF
Accountants
C Povey Accountancy Services
88 Ashburton Road
Hugglescote
Coalville
Leicestershire
LE67 2HB
Coalville Rugby Football Club Properties Limited
Statement of financial position
as at 31 August 2023
Tangible assets
4,318
5,080
Investment property
850,000
850,000
Cash at bank and in hand
25,930
24,669
Creditors: amounts falling due within one year
(257,680)
(266,809)
Net current liabilities
(231,000)
(239,011)
Net assets
623,318
616,069
Called up share capital
2
2
Share premium
1,009,640
1,009,640
Profit and loss account
(386,324)
(393,573)
Shareholders' funds
623,318
616,069
For the year ending 31 August 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 May 2024 and were signed on its behalf by
David Frank Burchell
Director
Company Registration No. 04007651
Coalville Rugby Football Club Properties Limited
Notes to the Accounts
for the year ended 31 August 2023
Coalville Rugby Football Club Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 04007651. The registered office is Memorial Ground, Hall Lane, Whitwick, Leicestershire, LE67 5PF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Fixtures & fittings
15% on reducing balance
Coalville Rugby Football Club Properties Limited
Notes to the Accounts
for the year ended 31 August 2023
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2022
3,475
97,145
100,620
At 31 August 2023
3,475
97,145
100,620
At 1 September 2022
1,421
94,119
95,540
Charge for the year
308
454
762
At 31 August 2023
1,729
94,573
96,302
At 31 August 2023
1,746
2,572
4,318
At 31 August 2022
2,054
3,026
5,080
Fair value at 1 September 2022
850,000
Investment property was professionally valued on 19 July 2018. The directors consider that this valuation is still applicable at 31 August 2023. If the investment property had not been revalued it would have been included at its historical cost amount of £1,171,883.
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
Other creditors
257,050
266,209
8
Transactions with related parties
Coalville Rugby Football Club
Included in other creditors is £257,050 (2022 £266,209) owed to Coalville Rugby Football Club, a sports club in which the directors form part of the organising committee.
During the year the company received rental income of £12,000 (2022 £12,000) from Coalville Rugby Football Club.
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
