Run 4 Wales Ltd. - Accounts to registrar (filleted) - small 18.2

Run 4 Wales Ltd. - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv18.2.0.36008057072Board of Directors1.11.1631.10.1731.10.176.7.18falsetruefalsefalsetruefalseAuditors Opinioniso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure080570722016-10-31080570722017-10-31080570722016-11-012017-10-31080570722015-10-31080570722015-11-012016-10-31080570722016-10-3108057072ns15:EnglandWales2016-11-012017-10-3108057072ns14:PoundSterling2016-11-012017-10-3108057072ns10:Director12016-11-012017-10-3108057072ns10:CompanyLimitedByGuarantee2016-11-012017-10-3108057072ns10:SmallEntities2016-11-012017-10-3108057072ns10:Audited2016-11-012017-10-3108057072ns10:SmallCompaniesRegimeForDirectorsReport2016-11-012017-10-3108057072ns10:SmallCompaniesRegimeForAccounts2016-11-012017-10-3108057072ns10:FullAccounts2016-11-012017-10-3108057072ns10:Director22016-11-012017-10-3108057072ns10:Director32016-11-012017-10-3108057072ns10:Director42016-11-012017-10-3108057072ns10:Director52016-11-012017-10-3108057072ns10:CompanySecretary12016-11-012017-10-3108057072ns10:RegisteredOffice2016-11-012017-10-3108057072ns5:CurrentFinancialInstruments2017-10-3108057072ns5:CurrentFinancialInstruments2016-10-3108057072ns5:RetainedEarningsAccumulatedLosses2017-10-3108057072ns5:RetainedEarningsAccumulatedLosses2016-10-3108057072ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-10-3108057072ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-10-31


REGISTERED NUMBER: 08057072(England and Wales)















RUN 4 WALES LTD.

Financial Statements

for the Year Ended 31 October 2017






RUN 4 WALES LTD. (REGISTERED NUMBER: 08057072)






Contents of the Financial Statements
for the Year Ended 31 October 2017




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 2017







DIRECTORS: R D Cole
N B Roberts
Welsh Athletics Limited
D Cobner
G T Veale





SECRETARY: Welsh Athletics Limited





REGISTERED OFFICE: The Pod, Number 1
Capital Retail Park
Leckwith
Cardiff
Mid Glamorgan
CF11 8EG





REGISTERED NUMBER: 08057072(England and Wales)





AUDITORS: O'Brien & Partners
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 2017

31.10.17 31.10.16
Notes £    £   
CURRENT ASSETS
Debtors 4 124,764 213,733
Cash at bank 1,273,701 350,664
1,398,465 564,397
CREDITORS
Amounts falling due within one year 5 (1,378,618 ) (564,448 )
NET CURRENT ASSETS/(LIABILITIES) 19,847 (51 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,847

(51

)

RESERVES
Income and expenditure account 19,847 (51 )
19,847 (51 )

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 6 July 2018and were signed on its behalf by:





N B Roberts- Director


RUN 4 WALES LTD. (REGISTERED NUMBER: 08057072)

Notes to the Financial Statements
for the Year Ended 31 October 2017

1. STATUTORY INFORMATION

Run 4 Wales 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 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 12.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Trade debtors 79,354 180,483
Other debtors 45,410 33,250
124,764 213,733

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Trade creditors 213,411 367,539
Taxation and social security 36,765 8,161
Other creditors 1,128,442 188,748
1,378,618 564,448

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Gareth Francis(Senior Statutory Auditor)
for and on behalf of O'Brien & Partners

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, Run 4 Wales Ltd sold services to the value of £23,732 (2016: £39,427) to Welsh Athletics Ltd. At the year
end, the balance outstanding from Welsh Athletics Limited was £12,686 (2016: £4,125), this balance is included within
debtors note 4.

The above transaction is related as Welsh Athletics Limited is a corporate director of the company.

RUN 4 WALES LTD. (REGISTERED NUMBER: 08057072)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2017

8. RELATED PARTY DISCLOSURES

During the year, Run 4 Wales Limited agreed to make a donation of £134,237 (2016: £59,454) to the Run 4 Wales
Charitable Foundation, a Charitable Incorporated Organisation (CIO). In addition Run 4 Wales Foundation purchased goods
from the company of £9,077 (2016: £NIL). At the year end the company owed £134,874 (2016: £37,415) to Run 4 Wales
Charitable Foundation, this balance is included with creditors, note 5.

The above transactions are related as the trustees for Run 4 Wales Charitable Foundation are also directors of Run 4 Wales
Limited.