for the Period Ended 31 August 2022
Directors report | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2022
Directors
The directors shown below have held office during the whole of the period from
1 September 2021 to 31 August 2022
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
As at
Notes | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Intangible assets: | 3 | | |
Tangible assets: | 4 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | 5 | | |
Debtors: | 6 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 7 | ( | ( |
Net current assets (liabilities): | ( | ( | |
Total assets less current liabilities: | ( | ( | |
Creditors: amounts falling due after more than one year: | 8 | ( | ( |
Total net assets (liabilities): | ( | ( | |
Members' funds | |||
Profit and loss account: | ( | ( | |
Total members' funds: | ( | ( |
The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
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 August 2022
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Other accounting policies
for the Period Ended 31 August 2022
2022 | 2021 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 August 2022
Goodwill | Other | Total | |
---|---|---|---|
Cost | £ | £ | £ |
At 1 September 2021 | | | |
Additions | |||
Disposals | |||
Revaluations | |||
Transfers | |||
At 31 August 2022 | | | |
Amortisation | |||
At 1 September 2021 | | | |
Charge for year | | | |
On disposals | |||
Other adjustments | |||
At 31 August 2022 | | | |
Net book value | |||
At 31 August 2022 | | | |
At 31 August 2021 | | |
for the Period Ended 31 August 2022
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 September 2021 | | | | | | |
Additions | | | | |||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 August 2022 | | | | | | |
Depreciation | ||||||
At 1 September 2021 | | | | | | |
Charge for year | | | | | | |
On disposals | ||||||
Other adjustments | ||||||
At 31 August 2022 | | | | | | |
Net book value | ||||||
At 31 August 2022 | | | | | | |
At 31 August 2021 | | | | | |
for the Period Ended 31 August 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Stocks | | |
Total | | |
for the Period Ended 31 August 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
for the Period Ended 31 August 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 31 August 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Other creditors | | |
Total | | |
The company runs an indoor football centre which focuses on inspiring people to be active in a fun and safe environment.During the financial year 2021-2022, the Arena activities have benefited the community in the following ways:We have had 100’s of adults and children all using the Arena on a weekly basis for a variety of sports.We have supported disability group access activities no matter the weather, on a weekly basisWe have set up a mental health programme which has positively impacted numerous peopleOffered local businesses a space to work from, including the introduction of a studio/dance space which has allowed more people to use the Arena facilities for a wider variety of sportsEnables the community to use the space to socialiseContinued to hold children’s half term and summer campsSet up a free sports coaching traineeship
The company’s stakeholders have been actively involved in the development of the company. The directors of the company have worked closely on the design and development of the business model for the Arena based on their experience of business and sporting backgrounds.All Arena users are asked to offer feedback on areas for improvement and ways in which we can better their experience through both verbal or written suggestions. This feedback has assisted us to build up a profile of local consumer’s needs and how we can go about effectively meeting these needs. Our research has enabled us to identify lack of provisions in the area for disability group or for young children along with suitable half term provisions for children of working parents. We encourage all staff in the Arena to pick up ideas for the business when talking to customers and we have a ‘suggestion box’ for customers to provide details of services they would like to see the Arena offer.
The remuneration of the Directors of the company are clearly outlined in the attached Director’s Report and Unaudited Financial Statements. One director was owed £5,539 at the year end for expenses paid out of private funds. There were no other transactions or arrangements in connection with the remuneration of directors, compensation for director’s loss of office to disclose.Director's remuneration - £18,000
No transfer of assets other than for full consideration
This report was approved by the board of directors on
31 August 2023
And signed on behalf of the board by:
Name: DANIEL HONE
Status: Director