REGISTERED NUMBER: |
ELITE SOCCER DEVELOPMENT CO. LLP |
REPORT OF THE MEMBERS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2023 |
REGISTERED NUMBER: |
ELITE SOCCER DEVELOPMENT CO. LLP |
REPORT OF THE MEMBERS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2023 |
ELITE SOCCER DEVELOPMENT CO. LLP (REGISTERED NUMBER: OC431201) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31 March 2023 |
Page |
General Information | 1 |
Report of the Members | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 6 |
ELITE SOCCER DEVELOPMENT CO. LLP |
GENERAL INFORMATION |
For The Year Ended 31 March 2023 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
104 Southover |
London |
N12 7HD |
ELITE SOCCER DEVELOPMENT CO. LLP (REGISTERED NUMBER: OC431201) |
REPORT OF THE MEMBERS |
For The Year Ended 31 March 2023 |
The members present their report with the financial statements of the LLP for the year ended 31 March 2023. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the year under review was that of providing football (soccer) coaching to young people. |
DESIGNATED MEMBERS |
The designated members during the year under review were: |
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
The profit for the year before members' remuneration and profit shares was £47,761 (2022 - £102,462 profit). |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
ELITE SOCCER DEVELOPMENT CO. LLP (REGISTERED NUMBER: OC431201) |
INCOME STATEMENT |
For The Year Ended 31 March 2023 |
31.3.23 | 31.3.22 |
Notes | £ | £ |
TURNOVER |
Cost of sales |
GROSS PROFIT |
Administrative expenses |
OPERATING PROFIT and |
PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
ELITE SOCCER DEVELOPMENT CO. LLP (REGISTERED NUMBER: OC431201) |
BALANCE SHEET |
31 March 2023 |
31.3.23 | 31.3.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
8,725 |
12,434 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
8,725 |
12,434 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 8,725 | 12,434 |
The members acknowledge their responsibilities for: |
(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP. |
ELITE SOCCER DEVELOPMENT CO. LLP (REGISTERED NUMBER: OC431201) |
BALANCE SHEET - continued |
31 March 2023 |
The financial statements were approved by the members of the LLP and authorised for issue on |
ELITE SOCCER DEVELOPMENT CO. LLP (REGISTERED NUMBER: OC431201) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31 March 2023 |
1. | STATUTORY INFORMATION |
Elite Soccer Development Co. LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was |
4. | OPERATING PROFIT |
The operating profit is stated after charging: |
31.3.23 | 31.3.22 |
£ | £ |
Depreciation - owned assets |
5. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
Additions |
At 31 March 2023 |
DEPRECIATION |
Charge for year |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.23 | 31.3.22 |
£ | £ |
Trade debtors |
ELITE SOCCER DEVELOPMENT CO. LLP (REGISTERED NUMBER: OC431201) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 March 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.23 | 31.3.22 |
£ | £ |
Accruals |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
31.3.23 | 31.3.22 |
£ | £ |
Amounts owed to members in respect of profits | 8,725 | 12,434 |
Falling due within one year | 8,725 | 12,434 |
Balance at 1 April 2022 | 12,434 |
Profit for the financial year available for |
discretionary division among members | 47,761 |
60,195 |
Drawings | 51,470 |
Balance at 31 March 2023 | 8,725 |