IRIS Accounts Production v24.1.4.33 08089940 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080899402023-05-31080899402024-05-31080899402023-06-012024-05-31080899402022-05-31080899402022-06-012023-05-31080899402023-05-3108089940ns15:EnglandWales2023-06-012024-05-3108089940ns14:PoundSterling2023-06-012024-05-3108089940ns10:Director12023-06-012024-05-3108089940ns10:CompanyLimitedByGuarantee2023-06-012024-05-3108089940ns10:SmallEntities2023-06-012024-05-3108089940ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3108089940ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3108089940ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3108089940ns10:FullAccounts2023-06-012024-05-3108089940ns10:Director22023-06-012024-05-3108089940ns10:Director32023-06-012024-05-3108089940ns10:Director42023-06-012024-05-3108089940ns10:CompanySecretary12023-06-012024-05-3108089940ns10:RegisteredOffice2023-06-012024-05-3108089940ns5:CurrentFinancialInstruments2024-05-3108089940ns5:CurrentFinancialInstruments2023-05-3108089940ns5:Non-currentFinancialInstruments2024-05-3108089940ns5:Non-currentFinancialInstruments2023-05-3108089940ns5:RetainedEarningsAccumulatedLosses2024-05-3108089940ns5:RetainedEarningsAccumulatedLosses2023-05-3108089940ns5:LeaseholdImprovements2023-05-3108089940ns5:FurnitureFittings2023-05-3108089940ns5:LeaseholdImprovements2023-06-012024-05-3108089940ns5:FurnitureFittings2023-06-012024-05-3108089940ns5:LeaseholdImprovements2024-05-3108089940ns5:FurnitureFittings2024-05-3108089940ns5:LeaseholdImprovements2023-05-3108089940ns5:FurnitureFittings2023-05-31
REGISTERED NUMBER: 08089940 (England and Wales)


















SENGHENYDD RFC LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






SENGHENYDD RFC LIMITED (REGISTERED NUMBER: 08089940)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SENGHENYDD RFC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: D W E Davies
S J Morgan
G R Bowen
W E Phillips





SECRETARY: S J Morgan





REGISTERED OFFICE: The Clubhouse
The Welfare Park
Commercial Street
Senghenydd
CF83 4GA





REGISTERED NUMBER: 08089940 (England and Wales)





ACCOUNTANTS: MHA (trading name of MacIntyre Hudson LLP)
Limited liability partnership in England & Wales
Registered number OC312313
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County of Cardiff
CF23 8RS

SENGHENYDD RFC LIMITED (REGISTERED NUMBER: 08089940)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 63,364 67,416
Investments 5 1,500 1,500
64,864 68,916

CURRENT ASSETS
Stocks 5,033 3,424
Debtors 6 641 641
Cash at bank and in hand 48,553 52,948
54,227 57,013
CREDITORS
Amounts falling due within one year 7 (18,984 ) (29,690 )
NET CURRENT ASSETS 35,243 27,323
TOTAL ASSETS LESS CURRENT
LIABILITIES

100,107

96,239

CREDITORS
Amounts falling due after more than one
year

8

(30,723

)

(37,259

)
NET ASSETS 69,384 58,980

RESERVES
Income and expenditure account 69,384 58,980
69,384 58,980

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 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 Profit and loss account has not been delivered.

The financial statements were approved for issue by the Board of Directors and authorised for issue on 7 January 2025 and were signed on its behalf by:



S J Morgan - Director


SENGHENYDD RFC LIMITED (REGISTERED NUMBER: 08089940)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Senghenydd RFC 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.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from Financial Reporting Standard 102.

Turnover
Turnover is comprised of income from bar takings, international ticket sales, WRU grants, donations, sponsorship and membership. All income is included in the financial statements in the period to which it relates.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Costs include those directly attributable to making the asset capable of operating as intended

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property-10% on cost
Fixtures and fittings-10% on cost for the fence
-15 % on reducing balance

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to sell by a professional stock-taker.

Current tax
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at 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.

Grants
Where a capital grant has been received in respect of specific equipment, the asset is capitalised and depreciated over its useful life and the associated grant income is credited to deferred income and released to the profit and loss account so as to be matched with the associated depreciation charge.

Grants towards revenue expenditure are credited to income in the period to which they relate.

SENGHENYDD RFC LIMITED (REGISTERED NUMBER: 08089940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
Basic financial instruments are recognised at amortised cost.

Employee benefits
When employees have rendered service to the company, short term employee benefits to which employees are entitled are recognised at the undiscounted amount expected to be paid for that service.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property Fittings Totals
£    £    £   
COST
At 1 June 2023 67,090 34,316 101,406
Additions - 6,396 6,396
At 31 May 2024 67,090 40,712 107,802
DEPRECIATION
At 1 June 2023 15,688 18,302 33,990
Charge for year 6,709 3,739 10,448
At 31 May 2024 22,397 22,041 44,438
NET BOOK VALUE
At 31 May 2024 44,693 18,671 63,364
At 31 May 2023 51,402 16,014 67,416

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Debentures 1,500 1,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 641 641

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 1,408 3,276
Trade creditors 7,582 9,295
Social security and other taxes 1,772 1,617
VAT 288 5,751
Other creditors - 394
Accruals and deferred income 3,077 4,405
Deferred government grants 4,857 4,952
18,984 29,690

SENGHENYDD RFC LIMITED (REGISTERED NUMBER: 08089940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Deferred government grants 30,723 37,259

9. LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. Each member's liability on winding up is restricted to £1.