TEESSIDE ATHLETIC FOOTBALL CLUB LIMITED
Company Registration No. 05366550 (England & Wales)
Abbreviated (Unaudited) Accounts
From 1 September 2020
To
30 August 2021
TEESSIDE ATHLETIC FOOTBALL CLUB LIMITED
Company Information For the period ended 30 August 2021
Directors: K Fryett V Peel A Taylor JP Heathcock J Neesam Co. Secretary: K Fryett Registered Office: 53 Fernwood Redcar TS10 4NF Company Reg. No: 05366550 (England & Wales)
TEESSIDE ATHLETIC FOOTBALL CLUB LIMITED
Abbreviated Balance Sheet As at 30 August 2021
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Fixed Assets | |||
| Tangible Assets | 120,849 | ||
| 153,290 | |||
| Current Assets | |||
| Debtors | - | - | |
| Cash at bank & in hand | 35,938 | ||
| 13,366 | |||
| Total Assets | 156,787 | ||
| 166,656 | |||
| Creditors | |||
| Creditors: amounts due within 1 year | (5,000) | ||
| (2,476) | |||
| Net current assets (liabilities): | 30,938 | ||
| 10,890 | |||
| Total assets less current liabilities: | 151,787 | ||
| 164,180 | |||
| Creditors: amounts falling due after more than 1 year | (-) | (1,895) | |
| Total net assets (liabilities): | 151,787 | ||
| 162,285 |
TEESSIDE ATHLETIC FOOTBALL CLUB LIMITED
Abbreviated Balance Sheet As at 30 August 2021 (Continued)
2021 2020 £ £ Capital & Reserves Profit & Loss Account 151,787 162,285 Total Shareholders funds: 151,787 162,285
For the year ended 30 August 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
The financial statements were approved by the Board of Directors on 25[th] May 2022.
Signed on behalf of the Board by:
Name: Mr A Taylor Status: Director
TEESSIDE ATHLETIC FOOTBALL CLUB LIMITED
Notes to the Abbreviated Balance Sheet As at 30 August 2021
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.