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REGISTERED NUMBER: 10073050 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Ystrad Rhondda Rugby Football Club
Limited

Ystrad Rhondda Rugby Football Club
Limited (Registered number: 10073050)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ystrad Rhondda Rugby Football Club
Limited

Company Information
for the Year Ended 30 June 2024







Directors: P M Murphy
B J Hughes





Secretary: A Sinclair





Registered office: 82, Gelligaled Road
Ystrad
PENTRE
CF41 7RQ





Registered number: 10073050 (England and Wales)





Accountants: Curtis Bowden & Thomas Limited
Chartered Certified Accountants
101 Dunraven Street
Tonypandy
CF40 1AR

Ystrad Rhondda Rugby Football Club
Limited (Registered number: 10073050)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 202,403 221,815
WRU Debenture -at cost 5 5,800 5,800
208,203 227,615

Current assets
Stocks 6 5,100 6,100
Debtors 7 3,084 727
Cash at bank and in hand 72,294 77,954
80,478 84,781
Creditors
Amounts falling due within one year 8 35,480 28,752
Net current assets 44,998 56,029
Total assets less current liabilities 253,201 283,644

Creditors
Amounts falling due after more than one
year

9

(19,034

)

(32,195

)

Provisions for liabilities (3,206 ) (4,872 )

Accruals and deferred income (1,836 ) (2,447 )
Net assets 229,125 244,130

Reserves
Net assets/liabilities on incorporation 95,337 95,337
Retained earnings 133,788 148,793
229,125 244,130

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Ystrad Rhondda Rugby Football Club
Limited (Registered number: 10073050)

Balance Sheet - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2025 and were signed on its behalf by:





P M Murphy - Director


Ystrad Rhondda Rugby Football Club
Limited (Registered number: 10073050)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. Statutory information

Ystrad Rhondda Rugby Football Club is a private company limited by guarantee without share capital. It is 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.
Freehold property - 2% on cost
Stand - in accordance with the property
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Floodlight system - 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.

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.

Ystrad Rhondda Rugby Football Club
Limited (Registered number: 10073050)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. Employees and directors

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

4. Tangible fixed assets
Freehold Plant and
property Stand machinery
£    £    £   
Cost
At 1 July 2023 193,121 29,674 3,443
Additions - - 758
At 30 June 2024 193,121 29,674 4,201
Depreciation
At 1 July 2023 27,368 20,310 2,983
Charge for year 3,863 9,183 282
At 30 June 2024 31,231 29,493 3,265
Net book value
At 30 June 2024 161,890 181 936
At 30 June 2023 165,753 9,364 460

Fixtures
and Motor Floodlight
fittings vehicles system Totals
£    £    £    £   
Cost
At 1 July 2023 70,529 800 16,959 314,526
Additions 5,417 - - 6,175
At 30 June 2024 75,946 800 16,959 320,701
Depreciation
At 1 July 2023 27,858 342 13,850 92,711
Charge for year 11,367 115 777 25,587
At 30 June 2024 39,225 457 14,627 118,298
Net book value
At 30 June 2024 36,721 343 2,332 202,403
At 30 June 2023 42,671 458 3,109 221,815

Ystrad Rhondda Rugby Football Club
Limited (Registered number: 10073050)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. Fixed asset investments
WRU
Debenture-
at cost
£   
Cost
At 1 July 2023
and 30 June 2024 5,800
Net book value
At 30 June 2024 5,800
At 30 June 2023 5,800

6. Stocks
30.6.24 30.6.23
£    £   
Stock of beers & wines 5,000 6,000
Stock of ties etc 100 100
5,100 6,100

7. Debtors: amounts falling due within one year
30.6.24 30.6.23
£    £   
Other debtors 3,084 727

8. Creditors: amounts falling due within one year
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 14,351 14,351
Creditors & accrued charges 1 2
Tax (9 ) (9 )
Social security and other taxes 3,847 2,997
VAT 5,475 2,425
Other creditors 11,815 8,986
35,480 28,752

9. Creditors: amounts falling due after more than one year
30.6.24 30.6.23
£    £   
Bank loans - 2-5 years 11,133 21,312
Brewery loan 7,901 10,883
19,034 32,195

Ystrad Rhondda Rugby Football Club
Limited (Registered number: 10073050)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

10. Secured debts

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank Loan 22,484 32,663

The Welsh Rugby Union Limited secured a charge over 82, Gelligaled Road, Ystrad, Pentre CF41 7RQ on 21st November 2016

11. Related party disclosures

1.Statement of Guarantee provided by members

If the company is wound up whilst still a member, or, within one year after ceasing to be a member, £1 will be contributed by each of the following members to the assets of the company to pay debts and liabilities of the company contracted before cessation of membership, and the payment of costs and charges incurred in the winding up of the company:

Michael Davies
Adrian Griffiths
Alan Sinclair
Bradley Hughes
Paul Murphy
Wayne Pearce
Stephen Jones
Greg Prosser


2. Michael Davies the club treasurer is also acting as the bar manager. He was paid £6,500 gross before deduction of tax during the period

3. The club insurance advisors are L T Insurance Services Limited.

Mr P Murphy is a director of Ystrad Rhondda Rugby Club Limited and L T Insurance Services Limited.

The insurance premiums were approved by the committee as follows

Club insurance £3,768
Players' Insurance £2,124

12. Ultimate controlling party

The ultimate controlling party are the officers and members of the committee who are elected are the Annual General Meeting

Ystrad Rhondda Rugby Football Club
Limited (Registered number: 10073050)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

13. Weekly draw

£

Takings 26,429

Prizes (18,750)

Movement Jackpot provision (1,500)

Profit 6,179