Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Mr D Campbell 30/12/2024 Mr P F Connelly 23/12/2022 Mr J N Connolly 23/12/2022 Mr C J Irwin 30/12/2024 23/12/2022 25 March 2025 The principal activity of the company during the financial period was that of a trading subsidiary of a Community Amateur Sports Club being Salford City Roosters ARLFC Limited. 14556299 2024-12-31 14556299 bus:Director1 2024-12-31 14556299 bus:Director2 2024-12-31 14556299 bus:Director3 2024-12-31 14556299 bus:Director4 2024-12-31 14556299 2023-12-31 14556299 core:CurrentFinancialInstruments 2024-12-31 14556299 core:CurrentFinancialInstruments 2023-12-31 14556299 core:ShareCapital 2024-12-31 14556299 core:ShareCapital 2023-12-31 14556299 bus:OrdinaryShareClass1 2024-12-31 14556299 2024-01-01 2024-12-31 14556299 bus:FilletedAccounts 2024-01-01 2024-12-31 14556299 bus:SmallEntities 2024-01-01 2024-12-31 14556299 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 14556299 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14556299 bus:Director1 2024-01-01 2024-12-31 14556299 bus:Director2 2024-01-01 2024-12-31 14556299 bus:Director3 2024-01-01 2024-12-31 14556299 bus:Director4 2024-01-01 2024-12-31 14556299 2022-12-23 2023-12-31 14556299 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 14556299 bus:OrdinaryShareClass1 2022-12-23 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14556299 (England and Wales)

SALFORD CITY ROOSTERS LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

SALFORD CITY ROOSTERS LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

SALFORD CITY ROOSTERS LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2024
SALFORD CITY ROOSTERS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2024
DIRECTORS Mr D Campbell (Appointed 30 December 2024)
Mr P F Connelly
Mr J N Connolly
Mr C J Irwin (Resigned 30 December 2024)
SECRETARY Mr J N Connolly
REGISTERED OFFICE Moat Hall Sports Centre Hallsworth Road
Eccles
Manchester
M30 7LS
United Kingdom
COMPANY NUMBER 14556299 (England and Wales)
ACCOUNTANT Barlow Andrews LLP
Carlyle House
78 Chorley New Road
Bolton
SALFORD CITY ROOSTERS LIMITED

BALANCE SHEET

As at 31 December 2024
SALFORD CITY ROOSTERS LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024 31.12.2023
£ £
Current assets
Stocks 3 3,500 3,500
Debtors 4 1 1
3,501 3,501
Creditors: amounts falling due within one year 5 ( 3,500) ( 3,500)
Net current assets 1 1
Total assets less current liabilities 1 1
Net assets 1 1
Capital and reserves
Called-up share capital 6 1 1
Total shareholder's funds 1 1

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Salford City Roosters Limited (registered number: 14556299) were approved and authorised for issue by the Board of Directors on 25 March 2025. They were signed on its behalf by:

Mr D Campbell
Director
SALFORD CITY ROOSTERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
SALFORD CITY ROOSTERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Salford City Roosters Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Moat Hall Sports Centre Hallsworth Road, Eccles, Manchester, M30 7LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2. Employees

Year ended
31.12.2024
Period from
23.12.2022 to
31.12.2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 9 6

3. Stocks

31.12.2024 31.12.2023
£ £
Stocks 3,500 3,500

4. Debtors

31.12.2024 31.12.2023
£ £
Amounts owed by Parent undertakings 1 1

5. Creditors: amounts falling due within one year

31.12.2024 31.12.2023
£ £
Other creditors 3,500 3,500

6. Called-up share capital

31.12.2024 31.12.2023
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1

7. Ultimate controlling party

The ultimate parent company is Salford City Roosters ARLFC Limited, a company incorporated in England and under the control of its members.