Royal Aero Club Records Racing and Rally Association Limited 31/12/2019 iXBRL

Royal Aero Club Records Racing and Rally Association Limited 31/12/2019 iXBRL


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Company registration number: 01627470
Royal Aero Club Records Racing and Rally Association Limited
Company limited by guarantee
Unaudited filleted financial statements
31 December 2019
Paish Tooth Limited
35 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX
Royal Aero Club Records Racing and Rally Association Limited
Company limited by guarantee
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Royal Aero Club Records Racing and Rally Association Limited
Company limited by guarantee
Directors and other information
Directors
M Summers
T Wassell
I Scarbrough
S Tilling
G G Boot
S M Roberson
M Turner
C Goodall
D Moorman
Secretary J Turner
Company number 01627470
Registered office 35 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX
Accountants Paish Tooth Limited
35 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX
Royal Aero Club Records Racing and Rally Association Limited
Company limited by guarantee
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Royal Aero Club Records Racing and Rally Association Limited
Year ended 31 December 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Royal Aero Club Records Racing and Rally Association Limited for the year ended 31 December 2019 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Royal Aero Club Records Racing and Rally Association Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Royal Aero Club Records Racing and Rally Association Limited and state those matters that we have agreed to state to the board of directors of Royal Aero Club Records Racing and Rally Association Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Royal Aero Club Records Racing and Rally Association Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Royal Aero Club Records Racing and Rally Association Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Royal Aero Club Records Racing and Rally Association Limited. You consider that Royal Aero Club Records Racing and Rally Association Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Royal Aero Club Records Racing and Rally Association Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Paish Tooth Limited
Chartered Certified Accountants
35 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX
Royal Aero Club Records Racing and Rally Association Limited
Company limited by guarantee
Statement of financial position
31 December 2019
2019 2018
£ £ £ £
Fixed assets 5,202 7,247
________ ________
Current assets 56,855 54,568
Prepayments and accrued income 5,810 7,303
________ ________
62,665 61,871
Creditors: amounts falling due within one year ( 320) -
________ ________
Net current assets 62,345 61,871
________ ________
Total assets less current liabilities 67,547 69,118
Accruals and deferred income ( 1,105) ( 1,775)
________ ________
Net assets 66,442 67,343
________ ________
Capital and reserves 66,442 67,343
________ ________
Notes to the financial statements
Royal Aero Club Records Racing and Rally Association Limited
Company limited by guarantee
Year ended 31 December 2019
1. Employee numbers
The average number of persons employed by the company during the year amounted to 0 (2018: 0).
For the year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 09 July 2020 , and are signed on behalf of the board by:
T Wassell M Summers
Director Director
Company registration number: 01627470
The company is a private company limited by guarantee, registered in England & Wales.