Reglstered number.. 06298467 EASTSIDE COMMUNITY SPORTS UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
Eastside Communlty Sports Contents Page 6313nce Sheet Note5 to the Financial Statements
Eastside Communlty Sports Balance Sheet As At 31 December 2023 Registered number: 06298467 2023 2022 Notes FIXED ASSETS Tangible Assets 3,250 7,250 3.250 7.250 CURRENT ASSETS C3sh at bank and in hand 52,976 62,545 52,976 62,545 Credltors: Amounts Falllng Due Wlthln One Year 11,0001 {7501 NET CURRENT ASSETS (LIABILITIES) 51.976 61,795 TOTAL ASSETS LESS CURRENT LIABILITIES 55.226 69,045 NET ASSETS 55,226 69,045 Income and Expenditure Account 55,226 69.045 MEMBERS. FUNDS 55,226 69,045 For the year ending 31 Decernber 2023 the company wa5 entitled to exemption frorn audit under section 477 of the Companies Acr 2006 relating ro small companies. The members have not required the company to obtain an audlt in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with th& requirements of the Act with respect to 3ccounting records and the preparation of accounts. These accounts have been prepared and dellvered In attordanc& wlth the provislons applicable to companles subject to the srnall cornpanies, regime. The company has taken advantage of section 44411} of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and ExpenditurÈ Account. On behalf of the board Mr Gordon Wilson Director Date The notes on page5 2 to 3 forrn part of these financial statements. Page I
Eastside Community Sports Notes to the Financial Statements For The Year Ended 31 December 2023 l. General Information Eastside coMunitY Sport5 15 a private cornpanyi limited by guarantee, incorporated in England & Wole5, registered number 06298467. The registered office is 121 Main Road, Bilton, Hull, HUIL 4AB. 2. Accountlng Pollcles 2. 1. Basis of Preparation of Financial Statements The financial statements have been prepared under the historical cost convention in occDrdante with Financiol Reporting Standard 102 section IA Small Entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 2.2. Turnover Turnover is measured at the fair value of the consideration ceiVed or receivlble, net of discount5 value added taxes. Turnover includes revenue earned fmm the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of good$ Turnover from the sale of goods Is recognised when the signific3nt risks and rewards of ownership of the goods has transferred to the buyer. This 15 usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the renderlng of servlces Is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only fftcognised to the extent of rÈ¢overable expenses when the outcome of a contracl cannot be estimated reliably. 2.3. Tangible Fixed Assets and Depreciation Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated irnpairment losses. Depclarion is provided at rates calculated to wrife off the c05f of the flxed asset5, lèss their estimated resldual value, over their expected useful lives on the following bases.. Fixtures & Fittings io 3. Average Number of Employees Average number of employees, including 1ctors, during the year wos.. 4 12022.. NIL) 4. Tanglble Assets Fixtures & Flttlngs Cost As at l January 2023 36,430 As at 31 December 2023 36,430 Depreciation A5 at l January 2023 Provided during the period 29,180 4.000 As at 31 December 2023 33,180 Net Book Value As 8t 31 December 2023 3,250 As at l January 2023 7,250 Page 2
Eastside Communlty Sports Notes to the Financial Statements (continued) For The Year Ended 31 December 2023 5. Creditors.. Amounts Falling Due Within One Year 2023 2022 Other creditors 1,000 750 6. Company limited by guarantee The company 15 limited by guarantee and has no Share capital. Every member of the cornpany undertakes to contribute to the assets of the companyt in the event of a winding Upi such an amount as may be requlred not exceeding £1. Page 3