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Report of the Committee and

Financial Statements for the Year Ended 31 Aueust 2013
for
Tottenham Hotspur Supporters
Society Limited
Tottenham Hotspur Supporters
Society Limited
Contents of the Financial Statements
for the Year Ended 31 AUGUST 2013
Page
Trust Information 1
Statement of Committee's Responsibilities 2
Report of the Independent Auditors 3
Income and Expenditure Account 5
Balance Sheet 6
Notes to the Financial Statements 7
Income and Expenditure Account 9
Tottenham Hotspur Supporters
Society Limited
Company Information
for the Year Ended 31 AUGUST 2013
CHAIRMAN: D Hewlett
SECRETARY: KLaw
TREASURER: A Bailey
REGISTERED OFFICE: 5th Floor, Durkan House
155 East Barnet Road
New Barnet
Hertfordshire
EN4 8QZ
REGISTERED NUMBER: 29219R (England and Wales)
AUDITORS: The Greene Partnership LLP
Accountants
& Statutory Auditor
Durkan House, 5th Floor
155 East Barnet Road
New Barnet
Hertfordshire
EN4 8QZ
Page 1
Statement of Committee's Responsibilities
for the Year Ended 31 AUGUST 2013
Company law requires the committee to prepare financial statements for each financial year. Under that law the
committee has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted
Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the committee
must not approve the financial statements unless is satisfied that they give a true and fair view of the state of affairs of
the company and of the surplus or deficit of the company for that period. In preparing these financial statements, the
committee is required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company
will continue in business.
The committee is responsible for keeping adequate accounting records that are sufficient to show and explain the
company's transactions and disclose with reasonable accuracy at any time the financial position of the company and
enable to ensure that the financial statements comply with the Companies Act 2006. is also responsible for
safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
ON BEHALF OF THE COMMITTEE:
Date:
Page 2
Report of the Independent Auditors to the Members of
Tottenham Hotspur Supporters
Society Limited
We have audited the financial statements of Tottenham Hotspur Supporters Society Limited for the year ended
31 August 2013 on pages five to eight. The financial reporting framework that has been applied in their preparation is
applicable law and the Financial Reporting Standard for Smaller Entities (effective April 2008) (United Kingdom
Generally Accepted Accounting Practice applicable to Smaller Entities).
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the
Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those
matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's
members as a body, for our audit work, for this report, or for the opinions we have formed.
Respective responsibilities of committee and auditors
As explained more fully in the Statement of Committee's Responsibilities set out on page two, the committee is
responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. Our
responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and
International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices
Board's Ethical Standards for Auditors.
Scope of the audit of the financial statements
An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give
reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or
error. This includes an assessment of: whether the accounting policies are appropriate to the company's circumstances
and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates
made by the committee; and the overall presentation of the financial statements. In addition, we read all the financial
and non-financial information in the financial statements to identify material inconsistencies with the audited financial
statements. If we become aware of any apparent material misstatements or inconsistencies we consider the
implications for our report.
Opinion on financial statements
In our opinion the financial statements:
- give a true and fair view of the state of the company's affairs as at 31 August 2013 and of its deficit for the year then
ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice
applicable to Smaller Entities; and
- have been prepared in accordance with the requirements of the Industrial and Provident Societies Act 1965 and the
Friendly Provident Societies Act 1968.
Report of the Independent Auditors to the Members of
Tottenham Hots6ur Supporters
Society Limited
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to
you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from
branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of committee's remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the committee was not entitled to prepare the financial statements in accordance with the small companies regime
and take advantage of the small companies' exemption in preparing the Report of the Committee.
Gerald Greene (Senior Statutory Auditor)
for and on behalf of The Greene Partnership LLP
Accountants
& Statutory Auditor
Durkan House, 5th Floor
155 East Barnet Road
New Barnet
Hertfordshire
EN4 8QZ
Date:
It
Pape 4
Tottenham Hotspur Supporters
Society Limited
J
Income and Expenditure Account
for the Year Ended 31 AUGUST 2013
Notes
INCOME
Administrative expenses
OPERATING DEFICIT 2
Interest receivable and similar income
DEFICIT ON ORDINARY ACTIVITIES
31.8.13
£
148
(U26)
(1,578)
5
£(1573)
31.8.12
£
68
(1,593)
(1,525)
7
£(1,518)
The notes form part of these financial statements
Page5
Tottenham Hotspur Supporters
Society Limited
Balance Sheet
31 AUGUST 2013
Notes
FIXED ASSETS
Investments 3
31. 8 . 13 31. 8 . 12
£ £ £ £
476 476
CURRENT ASSETS
Cash at bank 9,916 11,486
CREDITORS
Amounts falling due within one year 4 360 360
NET CURRENT ASSETS 9,556 1,129
TOTAL ASSETS LESS CURRENT LIABILITIES £10,032 £11,605
RESERVES
Income and expenditure account 5 10,032 11,605
£10,032 £11,605
The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act
2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
01-
The financial statements were approved by the Committee on ............................................. and were signed by:
Chainijan
Secretary
Committee Member
The notes form part of these financial statements
Tottenham Hotspur Supporters
Society Limited
Notes to the Financial Statements
for the Year Ended 31 AUGUST 2013
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).
Income
Income represents subscriptions, event income and donations received.
Taxation
The trust is treated for corporation tax as being mutually trading and is not liable to corporation tax on its trading
surplus.
2. OPERATING DEFICIT
The operating deficit is stated after charging:
Auditors Fee
31.8.13
£
360
31.8.12
£
360
3. FIXED ASSET INVESTMENTS
COST
At 1 September 2012
and 31 August 2013
NET BOOK VALUE
At 31 August 2013
At 31 August 2012
Listed
investments
£
476
476
476
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Accrued expenses
31.8.13
£
360
31.8.12
£
360
Page 7 continued...
Tottenham Hotspur Supporters
Society Limited
Notes to the Financial Statements - continued
for the Year Ended 31 AUGUST 2013
6. RECONCILIATION OF MOVEMENTS IN MEMBERS FUNDS
Income
and expenditure
account
£
At 1 September 2012 11,605
Deficit for the year (1,573)
At 31 August 2013 10,032
Tottenham Hotspur Supporters
Society Limited
Income and Expenditure Account
for the Year Ended 31 AUGUST 2013
Income
Subscriptions
Quiz Night
Other income
Bank Interest Received
Expenditure
Subscriptions
Website Costs
Meeting expenses
Auditors Fee
Donations
Bank charges
NET DEFICIT
31.8.13
454
138
774
360
148
153
1,726
£(1,573)
31.8.12
£ £
110
537
74
360
450
62
68
75
1,593
£(1,518)
This page does not form part of the statutory financial statements
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