New Hunslet RLFC Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01174973 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2017

for

New Hunslet Rugby League

Football Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I Johnson

D Williams

N H Hampshire

P Hodgson

P Clapham

Mrs K Groves

A Hemingway

SECRETARY:

L Hyde

REGISTERED OFFICE:

South Leeds Stadium

Middleton Grove

Leeds

West Yorkshire

LS11 5DJ

REGISTERED NUMBER:

01174973 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

FIXED ASSETS

Tangible assets

4

4,141

3,564

CURRENT ASSETS

Stocks

5

1,810

994

Debtors

6

1,833

1,828

Cash at bank and in hand

86,536

71,825

90,179

74,647

CREDITORS

Amounts falling due within one year

7

129,804

116,381

NET CURRENT LIABILITIES

(39,625

)

(41,734

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(35,484

)

(38,170

)

CAPITAL AND RESERVES

Called up share capital

408,062

408,062

Retained earnings

(443,546

)

(446,232

)

SHAREHOLDERS' FUNDS

(35,484

)

(38,170

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 28 August 2018 and were signed on its behalf by:

D Williams - Director

1.	STATUTORY INFORMATION

New Hunslet Rugby League Football Company 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the net amount receivable for goods supplied and services provided, excluding value added tax, except

in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on cost

Computer equipment

-

33% on reducing balance

Stocks

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

items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that

it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 40 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 December 2016

62,939

62,854

4,440

At 30 November 2017

62,939

62,854

4,440

DEPRECIATION

At 1 December 2016

and 30 November 2017

62,939

62,854

2,755

NET BOOK VALUE

At 30 November 2017

-

-

1,685

At 30 November 2016

-

-

1,685

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 December 2016

5,396

905

136,534

Additions

-

577

577

At 30 November 2017

5,396

1,482

137,111

DEPRECIATION

At 1 December 2016

and 30 November 2017

4,316

106

132,970

NET BOOK VALUE

At 30 November 2017

1,080

1,376

4,141

At 30 November 2016

1,080

799

3,564

5.

STOCKS

30.11.17

30.11.16

£

£

Stocks

1,810

994

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Prepayments

1,833

1,828

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Trade creditors

35,991

38,949

Social security and other taxes

307

462

VAT

10,280

8,822

Other creditors

15,692

15,692

Accrued expenses

67,534

52,456

129,804

116,381

8.	RELATED PARTY DISCLOSURES