for the Period Ended 31 March 2022
Company Information - 3 | |
Report of the Directors - 4 | |
Profit and Loss Account - 5 | |
Balance sheet - 6 | |
Additional notes - 8 |
for the Period Ended 31 March 2022
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The directors present their report with the financial statements of the company for the period ended 31 March 2022
Principal Activities
Additional information
I am pleased to present my report for the financial year ended 31st March 2022. We are now in what has proved to be another stable year of operation, with turnover remaining steady this time at £3674 and a small profit of £34 duly recorded. These enduring performance figures are in line with expectations re. a year where ongoing family illness has been offset by the lifting of travel restrictions which has allowed more work to be undertaken on the existing two research projects. Furthermore it has now been possible to start a third research project which will run concurrently with work on the other two projects. In the meantime the company’s existing client base has been maintained. The visibility of the company goodwill remains strong in many areas. The ongoing availability of chargeable work means that there is adequate funding for the now ongoing research processes. It is still envisaged that the television and radio broadcast index project will finish first because it requires less funding. Sadly the England Rugby Chronicle source material negotiations have failed but there are other more accessible options that can be pursued if funding becomes available. Current estimates indicate that because there are now three research projects it will take until the 2022-2023 financial year to complete the third edition of the England Rugby Chronicle book. For the immediate future the emphasis is still placed on maximising chargeable work and I am confident that the company will complete its eighteenth year of operation. As has now become customary the England Rugby Chronicle remains in the public eye by way of its positive presence on social media. This is still generating new clients without any increase in advertising expenditure. The ongoing company presence in Wales also maintains the rugby project’s profile in the right area. Therefore the public profile of the England Rugby Chronicle is maintained until such time as the new edition is finished. At which point some more direct marketing can begin if funding becomes available. Moreover the used book webshop is still active at Abebooks.com with correspondingly regular sales occurring. There are still plans to place some product on rugby memorabilia online trading sites in 2022-2023. I have decided not to propose any dividends to the shareholders for the financial year 2021-2022. Funds will naturally be required to complete what are now three ongoing but separate research projects. Of course the matter of future dividends will be placed up for discussion at the next AGM on 22nd December 2022. The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006.
Directors
The directors shown below have held office during the whole of the period from 01 April 2021 to 31 March 2022
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 31 March 2022
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The notes form part of these financial statements
As at
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
As at 31 March 2022
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Called up share capital: |
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Profit and loss account: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2022
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Valuation information and policy
items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Other accounting policies
for the Period Ended 31 March 2022
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for the Period Ended 31 March 2022