Trimsaran Rugby Football Club Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11380213 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2020

FOR

TRIMSARAN RUGBY FOOTBALL CLUB LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L Davies

D S Jones

SECRETARY:

REGISTERED OFFICE:

3 Murray Street

Llanelli

Carmarthenshire

SA15 1AQ

REGISTERED NUMBER:

11380213 (England and Wales)

ACCOUNTANTS:

Charles & Co

Chartered Certified Accountants

3 Murray Street

Llanelli

Carmarthenshire

SA15 1AQ

FIXED ASSETS

Tangible assets

4

359,343

CURRENT ASSETS

Debtors

5

414

Cash at bank and in hand

33,344

33,758

CREDITORS

Amounts falling due within one year

6

18,346

NET CURRENT ASSETS

15,412

TOTAL ASSETS LESS CURRENT LIABILITIES

374,755

CREDITORS

Amounts falling due after more than one year

7

94,753

NET ASSETS

280,002

RESERVES

Income and expenditure account

280,002

280,002

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 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 surplus or deficit 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 18 July 2020 and were signed on its behalf by:

Mrs L Davies - Director

1.	STATUTORY INFORMATION

Trimsaran Rugby Football Club Ltd is a private company, limited by guarantee , 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.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

20% on reducing balance

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 surplus or deficit on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Long

Plant and

and

property

leasehold

machinery

fittings

Totals

£

£

£

£

£

COST

At 1 May 2019

190,170

22,640

82,612

11,632

307,054

Additions

78,676

-

4,567

5,480

88,723

At 30 April 2020

268,846

22,640

87,179

17,112

395,777

DEPRECIATION

At 1 May 2019

-

-

22,582

10,890

33,472

Charge for year

-

-

1,717

1,245

2,962

At 30 April 2020

-

-

24,299

12,135

36,434

NET BOOK VALUE

At 30 April 2020

268,846

22,640

62,880

4,977

359,343

At 30 April 2019

190,170

22,640

60,030

742

273,582

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

414

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other loans (see note 8)

17,500

Social security and other taxes

98

Accrued expenses

748

18,346

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other loans (see note 8)

94,753

Amounts falling due in more than five years:

Repayable by instalments

Loan - Natwest Bank

94,753

8.

LOANS

An analysis of the maturity of loans is given below:

£

Amounts falling due within one year or on demand:

Loan - Clubhouse

17,500

Amounts falling due in more than five years:

£

Amounts falling due in more than five years:

Repayable by instalments

Loan - Natwest Bank

94,753