Accounts filed on 31-05-2017


Registered number: 04754257






The Football Club Limited


ACCOUNTS

FOR THE YEAR ENDED 31/05/2017
























Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL


ACCOUNTS
FOR THE YEAR ENDED 31/05/2017





DIRECTORS
W Perry



SECRETARY
Fableforce Nominees Limited


REGISTERED OFFICE
31-32 High Street
Wellingborough
Northants
NN8 4HL


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04754257



ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL


ACCOUNTS
FOR THEYEARENDED31/05/2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/05/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Intangible assets	2		13,750		15,000
Tangible assets	3		9,073		10,728

			22,823		25,728

CURRENT ASSETS
Stock		600		3,000
Debtors	5	321		-
Cash at bank and in hand		161		1,572
		1,082		4,572
CREDITORS: Amounts falling due within one year	6	77,220		58,466
NET CURRENT LIABILITIES			(76,138)		(53,894)
TOTAL ASSETS LESS CURRENT LIABILITIES			(53,315)		(28,166)


PROVISIONS FOR LIABILITIES AND CHARGES	8		1,724		-

NET LIABILITIES			(55,039)		(28,166)

CAPITAL AND RESERVES

Called up share capital	9		100		100
Profit and loss account			(55,139)		(28,266)
SHAREHOLDERS' FUNDS			(55,039)		(28,166)

For the year ending 31/05/2017 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 28/02/2018 and signed on their behalf by



.............................
W Perry
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 20%
Fixtures and Fittings		reducing balance 15%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




5. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Prepayments	321	-
	321	-




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
Other tax	435	410
VAT	5,793	5,748
PAYE control	1,971	5,149
Directors current account	63,468	41,617
Trade creditors	4,163	4,219
Accruals	1,390	1,323
	77,220	58,466




9. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100