Run 4 Wales Ltd. - Accounts to registrar (filleted) - small 18.2
Run 4 Wales Ltd. - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Run 4 Wales Ltd. |
Financial Statements |
for the Year Ended 31 October 2019 |
Run 4 Wales Ltd. (Registered number: 08057072) |
Contents of the Financial Statements |
for the Year Ended 31 October 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Run 4 Wales Ltd. |
Company Information |
for the Year Ended 31 October 2019 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants |
& Statutory Auditors |
Highdale House |
7 Centre Court |
Treforest Industrial Estate |
Pontypridd |
Rhondda Cynon Taff |
CF37 5YR |
Run 4 Wales Ltd. (Registered number: 08057072) |
Balance Sheet |
31 October 2019 |
31.10.19 | 31.10.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
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 behalf by: |
Run 4 Wales Ltd. (Registered number: 08057072) |
Notes to the Financial Statements |
for the Year Ended 31 October 2019 |
1. | STATUTORY INFORMATION |
Run 4 Wales Ltd. is a |
registered office address can be found on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents event income, grants and proceeds of fund raising activities, net of VAT. |
Grants receivable |
Grants are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over |
the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the |
related expenditure is incurred. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
Additions |
At 31 October 2019 |
NET BOOK VALUE |
At 31 October 2019 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.19 | 31.10.18 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.19 | 31.10.18 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
Run 4 Wales Ltd. (Registered number: 08057072) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2019 |
7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year, Run 4 Wales Ltd sold services to the value of £11,070 (2018: £27,668) to Welsh Athletics Ltd. At the year |
end, the balance outstanding from Welsh Athletics Limited was £Nil (2018: £14,045), this balance is included within debtors |
note 5. |
In addition to the above, during the year, Run 4 Wales Ltd purchased goods and services to the value of £32,049 |
(2018:£72,877) from Welsh Athletics Ltd. At the year end, the balance due to Welsh Athletics Ltd was £Nil (2018: |
£41,369.) |
The above transaction is related as Welsh Athletics Limited is a corporate director of the company. |
9. | RELATED PARTY DISCLOSURES |
During the year, Run 4 Wales Limited agreed to make a donation of £40,000 (2018: £NIL) to its parent company Run 4 |
Wales Charitable Foundation, a Charitable Incorporated Organisation (CIO). In addition Run 4 Wales Foundation paid |
expenses to the company amounting to £3,505 (2018 - £NIL). At the year end the company owed £NIL (2018: £NIL) to |
Run 4 Wales Charitable Foundation. |
The above transactions are related as the trustees for Run 4 Wales Charitable Foundation are also directors of Run 4 Wales |
Limited. |