Dear Members and Stakeholders,
I am pleased to present the Trustees' Annual Report for Allscott Sports Club Ltd for the fiscal year ending 30[th] April 2024. As trustees, our primary responsibility is to ensure the effective governance and management of the club, and we are pleased to report on the progress and achievements over the past year.
## **Financial Overview**
Income and expenditure were considerably lower than the previous year due to the new club house being completed. The new club house was completed in December 2023 and is now a very important asset to the local community. Now the project is complete, there will be circa £15,000 in the clubs’ funds during the year, we have successfully maintained a balanced budget, allowing us to continue investing in the facilities and programs that benefit our members and the community at large. A detailed breakdown of the financial statements is available in the accompanying financial report.
## **Membership and Community Engagement**
We are delighted to report a steady increase in membership numbers over the past year, with approx. sixty new members joining our community. We now have a total of thirty-five teams representing us in various sports This growth is a testament to the appeal of Allscott Sports Club Ltd and the positive impact it has on the local community. We have actively engaged with our members through various events, programs, and feedback sessions to ensure that the club continues to meet the needs and expectations of its diverse membership base.
## **Facility Upgrades and Maintenance**
With the completion of the new club house, we are continuing to upgrade, improve many maintenance projects throughout the year, including sheltered areas, landscaping, safety improvements to enhancing the overall experience for our members and visitors. We are grateful for the ongoing support of our sponsors and partners, whose contributions have been instrumental in these improvements.
## **Community Outreach and Partnerships**
Allscott Sports Club Ltd continues to play a vital role in the local community. We continue to actively participate in community outreach programs, including junior cricket coaching with qualified coaches, taster sessions for people interested in learning crown greens bowls, football coaching at all levels from under-8’s to seniors, all genders & ethnicities, aimed at fostering a sense of unity and well-being. We still
have in place valuable partnerships with local businesses, schools, and community organizations to strengthen our ties and promote the holistic development of the area.
## **Governance and Risk Management**
The Board of Trustees has diligently overseen the governance and risk management processes to ensure the club's long-term sustainability. We have reviewed and updated our policies and procedures to align with best practices, and regular risk assessments have been conducted to identify and mitigate potential challenges. The club remains committed to transparency, accountability, and compliance with all relevant regulations.
## **Looking Ahead**
As we look ahead, our focus remains on the continued growth and success of Allscott Sports Club Ltd. We are exploring new opportunities for expansion, collaboration, and improvement to better serve our members and the community. We appreciate the ongoing support and dedication of our members, volunteers, staff, and stakeholders in making Allscott Sports Club Ltd a thriving hub of sporting and community activities.
In conclusion, we express our gratitude to everyone who has contributed to the success of Allscott Sports Club Ltd over the past year. Your commitment is essential to our shared vision of creating a vibrant and inclusive community through sports and recreation.
Sincerely,
Peter Starling
Director and Trustee, Allscott Sports Club Ltd
14[th] November 2024
## **Allscott Sports Club Ltd**
**Company No. 14036501**
**Directors' Report and Unaudited Accounts**
**30 April 2024**
**Allscott Sports Club Ltd Contents**
||Pages|
|---|---|
|Company Information|2|
|Directors' Report|3|
|Income and Expenditure Account|4|
|Statement of Comprehensive Income|5|
|Balance Sheet|6|
|Statement of Changes in Equity|7|
|Notes to the Accounts|8 to 10|
Page 1
**Allscott Sports Club Ltd Company Information**
## **Directors**
G.T.H. Clare C. Starling P. Starling
## **Registered Office**
10 Shoveller Drive Apley Telford TF1 6GQ
## **Accountants**
P1 Accounting Services Ltd C11 Tweedale Industrial Est Madeley Telford TF7 4JR
Page 2
**Allscott Sports Club Ltd Directors Report**
The Directors present their report and the accounts for the year ended 30 April 2024.
## **Principal activities**
The principal activity of the company during the year under review was . running a community amateur sports club.
## **Directors**
The Directors who served at any time during the year were as follows:
G.T.H. Clare
C. Starling
P. Starling
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
P. Starling Director 13 November 2024
Page 3
**Allscott Sports Club Ltd Income and Expenditure Account**
## **for the year ended 30 April 2024**
|**for the year ended 30 April 2024**|||
|---|---|---|
|**Turnover**
Cost of Sales
**Gross profit**
Distribution costs and selling expenses
Administrative expenses
Other operating income
**Operating deficit**
**Deficit on ordinary activities before taxation**
**Taxation**
**Deficit for the financial year after taxation**|**2024**
**£**
127,586
(69,996)
57,590
(787)
(751,603)
670,676
(24,124)
(24,124)
-
(24,124)|**2023**
**£**
64,212
(48,765)|
|||15,447
(1,499)
(24,323)
-|
|||(10,375)|
|||(10,375)
-|
|||(10,375)|
Page 4
**Allscott Sports Club Ltd Statement of Comprehensive Income STATEMENT OF COMPREHENSIVE INCOME**
|**for the year ended 30 April 2024**
**Loss for the financial year after taxation**
**Total comprehensive income for the period**|**2024**
**£**
(24,124)
(24,124)|**2023**
**£**
(10,375)|
|---|---|---|
|||(10,375)|
Page 5
**Allscott Sports Club Ltd Balance Sheet**
## **at 30 April 2024**
|**at 30 April 2024**||
|---|---|
|**Company No.**
**14036501**
**Notes**
**2024**
**£**
**Fixed assets**
Tangible assets
4
11,309
11,309
**Current assets**
Stocks
5
3,167
Debtors
6
5,420
Cash at bank and in hand
18,781
27,368
**Creditors:**Amount falling due within one year
7
(26,224)
**Net current assets**
1,144
**Total assets less current liabilities**
12,453
**Net assets**
12,453
**Reserves**
Income and expenditure account
8
12,453
**Total equity**
12,453|**2023**
**£**
6,608|
||6,608
2,151
34,724
193,300|
||230,175
(200,206)|
||29,969
36,577|
||36,577|
||36,577|
||36,577|
## **Total equity**
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 April 2024 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 13 November 2024 and signed on its behalf by:
P. Starling Director 13 November 2024
Page 6
**Allscott Sports Club Ltd Statement of Changes in Equity for the year ended 30 April 2024**
|**for the year ended 30 April 2024**|||
|---|---|---|
|At 1 May 2022
Deficit for the year
Transfers
At 30 April 2023 and 1 May 2023
Deficit for the year
At 30 April 2024|**Income and**
**Expenditure**
**Account**
**£**
-
(10,375)
46,952
36,577|**Total equity**
**£**
-|
|||(10,375)|
|||46,952|
||||
|||36,577|
||(24,124)|(24,124)|
||12,453||
|||12,453|
||||
||||
||||
Page 7
**Allscott Sports Club Ltd Notes to the Accounts**
**for the year ended 30 April 2024**
- 1 **General information**
Allscott Sports Club Ltd is a private company limited by guarantee and incorporated in England and Wales.
Its registered number is: 14036501 Its registered office is: Its trading address is: 10 Shoveller Drive Allscott Apley Telford Telford Shropshire TF1 6GQ TF6 5EQ
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
- 2 **Accounting policies**
## **Turnover**
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
- the Company has transferred to the buyer the significant risks and rewards of ownership of the goods;
- the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- the amount of revenue can be measured reliably;
- it is probable that the economic benefits associated with the transaction will flow to the Company; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
## **Tangible fixed assets and depreciation**
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and 15% Reducing balance equipment
Page 8
**Allscott Sports Club Ltd Notes to the Accounts**
## **Stocks**
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to income and expenditure account as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.
Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.
## **Trade and other debtors**
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
- 3 **Employees**
|3|**Employees**|||
|---|---|---|---|
|||**2024**|**2023**|
|||**Number**|**Number**|
||The average monthly number of employees (including
directors) during the year was:|0|0|
|4|**Tangible fixed assets**|||
|**Cost or revaluation**
At 1 May 2023
Additions
At 30 April 2024
**Depreciation**
At 1 May 2023
Charge for the year
At 30 April 2024
**Net book values**
At 30 April 2024
At 30 April 2023|**Fixtures,**
**fittings and**
**equipment**
**£**
13,990
8,000|**Total**
**£**
13,990
8,000|
|---|---|---|
||21,990|21,990|
||7,382
3,299|7,382
3,299|
||10,681|10,681|
||11,309|11,309|
||6,608|6,608|
Page 9
**Allscott Sports Club Ltd Notes to the Accounts**
## 5 **Stocks**
|5
**Stocks**|||
|---|---|---|
|Raw materials and consumables
6
**Debtors**
Trade debtors
VAT recoverable
7
**Creditors:**
amounts falling due within one year
Trade creditors
Taxes and social security
Loans from directors|**2024**
**£**
3,167
3,167
**2024**
**£**
5,420
-
5,420
**2024**
**£**
9,095
1,763
15,366
26,224|**2023**
**£**
2,151|
|||2,151|
|||**2023**
**£**
2,690
32,034|
|||34,724|
|||**2023**
**£**
200,206
-
-|
|||200,206|
## 8 **Reserves**
Income and expenditure account - includes all current and prior period retained surpluses and deficits.
Page 10
**Allscott Sports Club Ltd Detailed Income and Expenditure Account**
## **for the year ended 30 April 2024**
|**Turnover**
**Cost of sales**
Purchases
Other direct costs
Sub-contractor costs
**Cost of sales**
**Gross profit**
Selling and marketing expenses
Other selling and marketing costs
Advertising and PR
**Distribution costs and selling expenses**
Motor and travel costs
Vehicles - Fuel
Premises costs
Light, heat and power
Premises cleaning
Premises repairs and maintenance
Other premises costs
General administrative costs, including
depreciation and amortisation
Depreciation of fixtures, fittings and
equipment
Bank charges
General insurances
Software, IT support and related costs
Stationery and printing
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Consultancy fees|**2024**
**£**
127,586
51,524
51,524
18,472
18,472
69,996
57,590
787
787
787
568
568
43,795
5,132
682,390
2,929
734,246
3,299
950
3,273
1,808
869
3,169
421
13,789
1,800
1,200
3,000|**2023**
**£**
64,212
35,522|
|---|---|---|
|||35,522|
|||13,243|
|||13,243|
|||48,765
15,447
1,499|
|||1,499|
||||
|||1,499|
|||487|
|||487|
|||9,557
1,740
3,142
2,332|
|||16,771|
|||2,099
607
1,841
343
406
121
603|
|||6,020|
|||1,045
-|
|||1,045|
Page 11
**Allscott Sports Club Ltd Detailed Income and Expenditure Account**
|**Allscott Sports Club Ltd**
**Detailed Income and Expenditure Account**|||
|---|---|---|
|**Administrative expenses**
Other operating income
**Operating deficit**
**Deficit on ordinary activities before taxation**|751,603
670,676
(24,124)
(24,124)|24,323
-|
|||(10,375)|
|||(10,375)|
Page 12
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
|**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**|Charity Name
Allscott Sports Club Ltd|
|---|---|
|||
||30thApril 2024
**Charity no**
**(if any)**
1198604|
|||
||one|
||I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended 30thApril 2023.
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
(“the Act”).|
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
|**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**|Jamie Plowman
**Date:**|14/11/2024|
|---|---|---|
||||
||James Plowman||
||||
||Certified Public Accountants Association (membership|no. 04337118A)|
||||
||C11 Tweedale Industrial Estate||
||Madeley, Telford||
||TF7 4JR||
1