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30/09/2019
2019-09-30
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No description of principal activities is disclosed
2018-10-01
Sage Accounts Production 20.0 - FRS102_2019
xbrli:pure
xbrli:shares
iso4217:GBP
07217979
2018-10-01
2019-09-30
07217979
2019-09-30
07217979
2017-10-01
2018-09-30
07217979
2018-09-30
07217979
2017-09-30
07217979
bus:RegisteredOffice
2018-10-01
2019-09-30
07217979
bus:LeadAgentIfApplicable
2018-10-01
2019-09-30
07217979
bus:Director1
2018-10-01
2019-09-30
07217979
bus:Director2
2018-10-01
2019-09-30
07217979
bus:Director3
2018-10-01
2019-09-30
07217979
bus:Director4
2018-10-01
2019-09-30
07217979
core:RetainedEarningsAccumulatedLosses
2017-10-01
2018-09-30
07217979
core:RetainedEarningsAccumulatedLosses
2018-10-01
2019-09-30
07217979
core:WithinOneYear
2019-09-30
07217979
core:WithinOneYear
2018-09-30
07217979
core:RetainedEarningsAccumulatedLosses
2019-09-30
07217979
core:RetainedEarningsAccumulatedLosses
2018-09-30
07217979
core:RetainedEarningsAccumulatedLosses
2017-09-30
07217979
bus:SmallEntities
2018-10-01
2019-09-30
07217979
bus:AuditExempt-NoAccountantsReport
2018-10-01
2019-09-30
07217979
bus:FullAccounts
2018-10-01
2019-09-30
07217979
bus:SmallCompaniesRegimeForAccounts
2018-10-01
2019-09-30
07217979
bus:CompanyLimitedByGuarantee
2018-10-01
2019-09-30
Company registration number:
07217979
Charity number:
1137744
CARDIFF WALES LESBIAN GAY BISEXUAL TRANSGENDER MARDI GRAS
Company limited by guarantee
Unaudited filleted financial statements
30 September 2019
CARDIFF WALES LESBIAN GAY BISEXUAL TRANSGENDER MARDI GRAS
Company limited by guarantee
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
CARDIFF WALES LESBIAN GAY BISEXUAL TRANSGENDER MARDI GRAS
Company limited by guarantee
Directors and other information
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Directors
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Jon Luxton
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(Resigned 4 September 2020)
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Gianpiero Molinu
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Louise Thomas
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(Resigned 1 June 2019)
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Claire Thomas-Hanna
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Company number
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07217979
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Registered office
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3 Herbert Terrace
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Penarth
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Vale of Glamorgan
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CF64 2AH
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Accountants
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Naunton Jones Le Masurier
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3 Herbert Terrace
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Penarth
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Vale of Glamorgan
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CF64 2AH
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CARDIFF WALES LESBIAN GAY BISEXUAL TRANSGENDER MARDI GRAS
Company limited by guarantee
Statement of financial position
30 September 2019
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2019
|
|
|
|
2018
|
|
|
|
|
Note
|
£
|
|
£
|
|
£
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|
£
|
|
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|
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Current assets
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Debtors
|
|
6
|
40,745
|
|
|
|
60,729
|
|
|
Cash at bank and in hand
|
|
|
41,310
|
|
|
|
63,708
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
82,055
|
|
|
|
124,437
|
|
|
Creditors: amounts falling due
|
|
|
|
|
|
|
|
|
|
within one year
|
|
7
|
(
65,227)
|
|
|
|
(
223,026)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
Net current assets/(liabilities)
|
|
|
|
|
16,828
|
|
|
|
(
98,589)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Total assets less current liabilities
|
|
|
|
|
16,828
|
|
|
|
(
98,589)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
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|
|
_______
|
Net assets/(liabilities)
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|
|
16,828
|
|
|
|
(
98,589)
|
|
|
|
|
|
_______
|
|
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|
_______
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Capital and reserves
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|
Profit and loss account
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|
|
|
|
16,828
|
|
|
|
(
98,589)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Members funds/(deficit)
|
|
|
|
|
16,828
|
|
|
|
(
98,589)
|
|
|
|
|
|
_______
|
|
|
|
_______
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For the year ending 30 September 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
30 September 2020
, and are signed on behalf of the board by:
Gianpiero Molinu
Director
Company registration number:
07217979
CARDIFF WALES LESBIAN GAY BISEXUAL TRANSGENDER MARDI GRAS
Company limited by guarantee
Statement of changes in equity
Year ended 30 September 2019
|
|
|
Profit and loss account
|
Total
|
|
|
|
|
|
|
|
|
|
£
|
£
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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At 1 October 2017
|
|
|
(
83,018)
|
(
83,018)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) for the year
|
|
|
(
15,571)
|
(
15,571)
|
|
|
|
|
|
|
|
|
|
_______
|
_______
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Total comprehensive income for the year
|
|
|
(
15,571)
|
(
15,571)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
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_______
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At 30 September 2018 and 1 October 2018
|
|
|
(98,588)
|
(98,588)
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
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|
|
Profit/(loss) for the year
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|
|
115,416
|
115,416
|
|
|
|
|
|
|
|
|
|
_______
|
_______
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Total comprehensive income for the year
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|
|
115,416
|
115,416
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
_______
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|
|
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|
At 30 September 2019
|
|
|
16,828
|
16,828
|
|
|
|
|
|
|
|
|
|
_______
|
_______
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CARDIFF WALES LESBIAN GAY BISEXUAL TRANSGENDER MARDI GRAS
Company limited by guarantee
Notes to the financial statements
Year ended 30 September 2019
1.
General information
The company is a private company limited by guarantee, registered in . The address of the registered office is 3 Herbert Terrace, Penarth, Vale of Glamorgan, CF64 2AH.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 October 2017. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 8.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4.
Limited by guarantee
5.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2018:
2
).
6.
Debtors
|
|
|
2019
|
2018
|
|
|
|
£
|
£
|
|
Trade debtors
|
|
15,270
|
28,576
|
|
Other debtors
|
|
25,475
|
32,153
|
|
|
|
_______
|
_______
|
|
|
|
40,745
|
60,729
|
|
|
|
_______
|
_______
|
|
|
|
|
|
7.
Creditors: amounts falling due within one year
|
|
|
2019
|
2018
|
|
|
|
£
|
£
|
|
Trade creditors
|
|
26,779
|
221,641
|
|
Social security and other taxes
|
|
36,288
|
(
1,215)
|
|
Other creditors
|
|
2,160
|
2,600
|
|
|
|
_______
|
_______
|
|
|
|
65,227
|
223,026
|
|
|
|
_______
|
_______
|
|
|
|
|
|
8.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 October 2017.
Reconciliation of equity
No transitional adjustments were required.
Reconciliation of profit or loss for the year
No transitional adjustments were required.