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REGISTERED NUMBER: 10935732 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Sandbach Rugby Club Trading Limited

Sandbach Rugby Club Trading Limited (Registered number: 10935732)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Sandbach Rugby Club Trading Limited

Company Information
for the year ended 31 August 2024







DIRECTORS: R J Mayor
P Thomas
J Seddon
P Jackson
A B Mitchell
A Bird
R Sutherland
A Nash
S P Hollins





REGISTERED OFFICE: Rugby Club
Bradwall Road
Sandbach
Cheshire
CW11 1RA





REGISTERED NUMBER: 10935732 (England and Wales)





ACCOUNTANTS: Banks Sheridan
Datum House
Electra Way
Crewe
Cheshire
CW1 6ZF

Sandbach Rugby Club Trading Limited (Registered number: 10935732)

Statement of Financial Position
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 16,438 12,061

CURRENT ASSETS
Stocks 6 27,301 21,134
Debtors 7 313 4,196
Cash at bank and in hand 25,928 50,465
53,542 75,795
CREDITORS
Amounts falling due within one year 8 (60,569 ) (111,698 )
NET CURRENT LIABILITIES (7,027 ) (35,903 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,411

(23,842

)

CREDITORS
Amounts falling due after more than one
year

9

-

(375

)
NET ASSETS/(LIABILITIES) 9,411 (24,217 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9,311 (24,317 )
9,411 (24,217 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

Sandbach Rugby Club Trading Limited (Registered number: 10935732)

Statement of Financial Position - continued
31 August 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:





R J Mayor - Director


Sandbach Rugby Club Trading Limited (Registered number: 10935732)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Sandbach Rugby Club Trading Limited ('The Company') is primarily engaged in bar services for Sandbach Rugby Union Football Club (a Community Amateur Sports Club).

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business is Bradwall Road, Sandbach, Cheshire, CW11 1RA. The registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
No material uncertainties that may cast doubt about the ability of the company to continue as a going concern have been identified by the directors and the directors consider it appropriate to prepare the financial statements on the going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value).

Taxation
Any taxable profits for the company are transferred to Sandbach Rugby Football Club Limited (a Community Amateur Sports Club) by way of charitable gift aid. Therefore no tax arises.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Sandbach Rugby Club Trading Limited (Registered number: 10935732)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

3. ACCOUNTING POLICIES - continued

Impairment of assets
Assets not measured at fair value are reviewed for any indications that the asset may be impaired at each year end. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the appropriate heading.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 14 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2023 23,669 2,623 26,292
Additions 11,895 - 11,895
Disposals (995 ) - (995 )
At 31 August 2024 34,569 2,623 37,192
DEPRECIATION
At 1 September 2023 12,793 1,438 14,231
Charge for year 6,282 656 6,938
Eliminated on disposal (415 ) - (415 )
At 31 August 2024 18,660 2,094 20,754
NET BOOK VALUE
At 31 August 2024 15,909 529 16,438
At 31 August 2023 10,876 1,185 12,061

6. STOCKS
2024 2023
£    £   
Bar stock 7,213 4,488
Kit stock 20,088 16,646
27,301 21,134

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,526
Other debtors 313 2,670
313 4,196

Sandbach Rugby Club Trading Limited (Registered number: 10935732)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,162 10,547
Taxation and social security 2,812 885
Other creditors 56,595 100,266
60,569 111,698

Amounts owed to related parties are unsecured, interest free and repayable on demand.

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors - 375

10. RELATED PARTY DISCLOSURES

The taxable profits of the company for the year are transferred back to the parent company Sandbach Rugby Football Club Limited (a Community Amateur Sports Club) after the year end by way of charitable gift aid and as such no taxation arises on the company's activities. Due to the losses in the comparative year no charitable gift aid is required for the year ended 31 August 2024.

Amounts due to Sandbach Rugby Football Club Limited are disclosed separately within creditors: amounts falling due within one year.