Re8istsation numt¢r'. 06113654 Radcliffe Borough Community Trust Limited (A company limited by guarantee) Unaudit¢d Filleted Abrid8ed FinW￿l&l Statements for the Yetr End¢d 31 May 2023 fostermann evolved accoUnL￿c/ Accounting I business ad￿￿]ry fr￿e- iThn ) Is è. '.Ta' lig -?Qie c" Fo<"e. !.'r.fin JKI Lin) ted Régistsred cffjce.. Un t 26G, Sp"iigfek1 Commert 21 Cei.'-e. &igley Lane, Fa£ley, Leedc Reo stered.n Erolèi=: 11833403 LS28 SLY Radcliffe Borough Community Trust Limited Contents Company Inf0m￿tw)Th Abrid8¢d Balance Sheei Notes to the Unauditvj AbTidg¢d Financia] Swements 3104 Radcliffe Borough Community Trust Limited Company Infonnation Directors P J LOfth0￿ B F Manning K Mccth Reglstered offiLY Rad¢liffe Borough Fooiball Club Stainton Pork Pilkinton Road Radcliffe Manchester M263PE AccountAnts Foster mat￿ (UK) Limited Unit 26& Springfield Cornmer¢ial Centre Bagley lane Far51ey LS28 SLY Radcliffe Borough Commuttity Trnst Limited IRegistration number: 06113654) Abridged B4laDce Sheet as at 31 May 2023 21123 2022 Note Curren¢ assets Debtors C&sh at bank and in hand 6,456 11,955 18.411 7,450 10,133 17.583 Credltors". Amounts falling due within one year 3,708 12.733 Totsl ￿lets current liabllltieJ 14.703 4,850 Accrua15 An￿ d¢f£rr¢d In¢om¢ (1.560 1,080 Net 4sx¢$ 13.143 3,770 Reserve9 Retsin¢d ¢amings Surplus 13,143 3,770 For the financial year ending 31 May 2023 the compfjny was erttit]ed to exemption from audit uttder stttion 477 of the Companies Aci 2006 relatit)g io small companies. Directors, respottsibiliti¢s-. The members have not required the eompony ¢0 rAtsin ￿ aydit of its I￿)unts for the y¢4r in question in accordance with Section 476; and The directors acknowledge their responsibilities for ¢omptyin8 with the requirements of the Act with respeci lo accounting records And the preparation of a¢￿unts. Th¢s¢ financial sthtements have been preparnl in accordance with the special provisions relatin8 to companies 5ybje¢t lo the jrnall ¢ompanies regime within Pan 15 of the Compgnies A￿ 2(N)6. All of the company's membets have ¢onsented to the pwtiort ofart Abrid8ed BalarKe Sheet in accord8nee with S¢¢iion 444{2A) of the Comp£fties Aci 2(M)6. These financial siatemenis have been delivered iti a￿ordance with the provisions 8ppli¢abk to companies subject io the small ¢ompanies regime. As pennittcd by 5CCtion 444 {5A) of the Companies Act 2006, the dire¢iors ha￿ not delivered to the registrar 8 ¢opy of the Profil and iA>5s Attount. Approved and authorised by the Board on 13 Nov¢mb¢r 2023 and Si￿1 on its behalf by: K Mccabe Dir¢¢ior The notes on pages 3 to 4 fornj an integral tArt of these abridged financial statements. Page 2 Radcliffe Borough Community Trust Limited Not￿ to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2023 l General information The company is a company Itmited by guarantee, incorwrat¢d in England a[￿ Wales, and c4)n5equently doe5 not have share Capital. Each of the memlxTS 15 liable to contribuie an amount not exceedin8 £Nil toward5 the assets of the company in the evcnt of liquidation. Thc address of its re8iSter¢d offJ¢e RadLlitT¢ BurLiu¥h Fuotball Club Stainlon Park Pilkinion Road Radcliffe Manchester M263PE These financial ststements were authorised for issue by the Board tyl 13 November 2023. 2 Aceountlng polkl¢J Summary of$lgnSfleant •ceowntlng polSeks key aeeouJbtl*g estlmmtes The principal accounting policies applied in the preparaiion of these financial statements ¥r¢ s¢t out below. These policies have been eonsistently applied to all the yeaT5 pre5enteAI. unless otherwise stated. Stat¢rn¢nt of ¢ompll*n¢e These abridged financial st￿¢Ments have beth yeptred in aeeordanee with Fits￿¢1￿1 Rewjrting Starthd 102 Seciion IA smaller entities - The Financihl Reportin8 Stsndard applicable in the United Kin8dom and Republic of Ireland, and the Companies Aci 2006 (8$ &ppli¢thle io compfjnies subject to the small COMP￿les, re8ime). B8Jls of prepAr8tlon These abrid8ed fJnanci415thkm¢nts have been prepared using the historic￿ cost convenlion except that as disc105ed in the accounting ￿11¢1¢$ ¢¢rtain it¢m5 are shown at fair value. Golng ¢oneern The finaneikl statements have been pr¢paTrJ OD a going wn¢¢rn basi& Revenue recognltlo Turnover comprises the fair value of th¢ ¢¢)nsid¢ration rffeived orre¢¢ivabl¢ for th¢ sal¢ of go¢)ds and provi31on of 5ervice5 in the ordinary ¢ourse of the ¢ompany'$ ¥ctiviti¢s. TThver is shown net of sJI¢￿ValUe added tsx, retuni4 rebate5 and dwounts. The Company recognise5 revenue when.. The amouni of revenue can be reliabty measured. it is probable that future economic benefits will flow to the entity. and Sp￿]riC criteria have been met forea¢h of the Comp￿￿$ activities. T8X The thx expense for The ￿tiOd comprises ¢unent ￿. Tlx is reeo8nised in profit or lo￿ except that a change attributable to an iiem of income or expense recO￿lS¢d as othcr comprehensive income is also recO￿lsed directly in other comprehell5ive Éncome. The current income charge is calculated on the of tsx rat¢s 8t￿ laws that have be￿ enacted or 5ub5tantively enacted by the reporting date in the countrie5 where the compgny 0[￿leS and generates taxable income. Radcliffe Borough Community Trust Limited Notes to the Unaudit¢d Abridged Financial Statements for the Year Ended 31 May 2023 Cash #nd ea5h equivalents Cash and ¢8sh equivalents c¢)mprise cth on hand and call deposits, other shon-ietTh higlily liquid iTtvcstments that ar¢ readily convertible to 8 amount of c&th and are subject to an inSi￿lficant risk of change in valu¢. Tr#de debtors Trade d¢btors are amounts due from custom¢rs for rn¢rchandis¢ 501d or sery1￿5 t¢rforn)ed in the ordinary LTrUJbf vfbusiJi¢&¥. Trade debtors #re recognised initially at th¢ transartion pri¢¢. They are subsequently measured Ht amort15ed c05t using ihe effcctive interest m¢thrt less provision for impaimeni. A provision for the impairment of trade debiors is established when there is objerfive evidetKe th81 the company will not be tble ts) collect all amounts due according to ihe original tern￿ of the receivables. Trade credltors Tradc creditors are obligations io pay for goods or services that have been acquired in the ordinary ¢ours¢ of busines5 from supplt¢rs. Accounts payable are ¢lassifted as current liabilitie5 if the company does not have an unconditional right. al the end of the r¢portiDg period, io defer settlement of the creditor for at least twelve months after the reporting date. If there an uncondiiional right io defer settlement for at least twelve month5 Rfter the reporting dAie. Ihry are pres¢nt¢d as non-¢umi liabiliiie& Trade creditors we r￿o￿l$ed inttially ￿ th¢ t[W￿dIOn price and subsequently measured at amortised cost ing ihe effeciive interest meihod. 3 Debtors Debtors includes £Nil {2022- £Nil) due after more than one year. 4 Relgted pxrty tr8ny4¢¢loos Summary of tr#JbMetions wlih parent At 315t May 2023, the company was owed £5.946 (2022 £5,946) by RBFC LimÈted, the eompangs par¢nt. Symrnary of ¢ransaetlons wllh a￿￿181t$ At 3 1st May 2023. the company owed £7.650 (2022 £7.650) io Rathliffe Borough Sports & Club Limited, the ¢ompanYs a550Ciate.