IRIS Accounts Production v24.3.0.553 07982401 director 1.5.23 30.4.24 30.4.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079824012023-04-30079824012024-04-30079824012023-05-012024-04-30079824012022-04-30079824012022-05-012023-04-30079824012023-04-3007982401ns15:EnglandWales2023-05-012024-04-3007982401ns14:PoundSterling2023-05-012024-04-3007982401ns10:Director12023-05-012024-04-3007982401ns10:CompanyLimitedByGuarantee2023-05-012024-04-3007982401ns10:SmallEntities2023-05-012024-04-3007982401ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3007982401ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3007982401ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3007982401ns10:FullAccounts2023-05-012024-04-3007982401ns10:CompanySecretary12023-05-012024-04-3007982401ns10:RegisteredOffice2023-05-012024-04-3007982401ns5:CurrentFinancialInstruments2024-04-3007982401ns5:CurrentFinancialInstruments2023-04-3007982401ns5:RetainedEarningsAccumulatedLosses2024-04-3007982401ns5:RetainedEarningsAccumulatedLosses2023-04-3007982401ns5:PlantMachinery2023-05-012024-04-3007982401ns5:LandBuildings2023-04-3007982401ns5:PlantMachinery2023-04-3007982401ns5:LandBuildings2023-05-012024-04-3007982401ns5:LandBuildings2024-04-3007982401ns5:PlantMachinery2024-04-3007982401ns5:LandBuildings2023-04-3007982401ns5:PlantMachinery2023-04-3007982401ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3007982401ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 07982401 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

STOW-ON-THE-WOLD RUGBY FOOTBALL CLUB
LIMITED

STOW-ON-THE-WOLD RUGBY FOOTBALL CLUB
LIMITED (REGISTERED NUMBER: 07982401)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STOW-ON-THE-WOLD RUGBY FOOTBALL CLUB
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: W Loxton





SECRETARY:





REGISTERED OFFICE: Finsbury House,
New Street,
Chipping Norton,
Oxfordshire
OX7 5LL





REGISTERED NUMBER: 07982401 (England and Wales)





ACCOUNTANTS: V M Murphy & Co
Finsbury House,
New Street,
Chipping Norton,
Oxfordshire
OX7 5LL

STOW-ON-THE-WOLD RUGBY FOOTBALL CLUB
LIMITED (REGISTERED NUMBER: 07982401)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 264,211 255,379

CURRENT ASSETS
Stocks 2,940 2,940
Debtors 5 13,038 28,813
Cash at bank 104,909 67,363
120,887 99,116
CREDITORS
Amounts falling due within one year 6 94,387 103,675
NET CURRENT ASSETS/(LIABILITIES) 26,500 (4,559 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

290,711

250,820

RESERVES
Income and expenditure account 290,711 250,820
290,711 250,820

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 surplus or deficit 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2024 and were signed by:





W Loxton - Director


STOW-ON-THE-WOLD RUGBY FOOTBALL CLUB
LIMITED (REGISTERED NUMBER: 07982401)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Stow-on-the-wold Rugby Football Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - NIL ) .

STOW-ON-THE-WOLD RUGBY FOOTBALL CLUB
LIMITED (REGISTERED NUMBER: 07982401)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 248,713 52,816 301,529
Additions - 14,000 14,000
At 30 April 2024 248,713 66,816 315,529
DEPRECIATION
At 1 May 2023 - 46,150 46,150
Charge for year - 5,168 5,168
At 30 April 2024 - 51,318 51,318
NET BOOK VALUE
At 30 April 2024 248,713 15,498 264,211
At 30 April 2023 248,713 6,666 255,379

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,122 14,250
Other debtors 10,916 14,563
13,038 28,813

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 94,387 25,829
Taxation and social security - 674
Other creditors - 77,172
94,387 103,675