IRIS Accounts Production v25.1.3.33 10668528 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106685282023-08-31106685282024-08-31106685282023-09-012024-08-31106685282022-08-31106685282022-09-012023-08-31106685282023-08-3110668528ns15:EnglandWales2023-09-012024-08-3110668528ns14:PoundSterling2023-09-012024-08-3110668528ns10:Director12023-09-012024-08-3110668528ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3110668528ns10:SmallEntities2023-09-012024-08-3110668528ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3110668528ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3110668528ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3110668528ns10:FullAccounts2023-09-012024-08-3110668528ns10:Director22023-09-012024-08-3110668528ns10:Director32023-09-012024-08-3110668528ns10:RegisteredOffice2023-09-012024-08-3110668528ns5:CurrentFinancialInstruments2024-08-3110668528ns5:CurrentFinancialInstruments2023-08-3110668528ns5:Non-currentFinancialInstruments2024-08-3110668528ns5:Non-currentFinancialInstruments2023-08-3110668528ns5:ShareCapital2024-08-3110668528ns5:ShareCapital2023-08-3110668528ns5:RetainedEarningsAccumulatedLosses2024-08-3110668528ns5:RetainedEarningsAccumulatedLosses2023-08-3110668528ns5:FurnitureFittings2023-09-012024-08-3110668528ns5:FurnitureFittings2023-08-3110668528ns5:FurnitureFittings2024-08-3110668528ns5:FurnitureFittings2023-08-3110668528ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3110668528ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-31
REGISTERED NUMBER: 10668528 (England and Wales)
























HRUFC TRADING COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






HRUFC TRADING COMPANY LIMITED (REGISTERED NUMBER: 10668528)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HRUFC TRADING COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: T M Wedd
C F McFerran
S A Foreman





REGISTERED OFFICE: Latton Park
Howard Way
Harlow
Essex
CM20 3FD





REGISTERED NUMBER: 10668528 (England and Wales)





ACCOUNTANTS: TC Group
6-7 Castle Gate
Castle Street
Hertford
Hertfordshire
SG14 1HD

HRUFC TRADING COMPANY LIMITED (REGISTERED NUMBER: 10668528)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 17,399 20,516

CURRENT ASSETS
Stocks 8,379 21,582
Debtors 5 10,651 47,221
Cash at bank 10,552 4,811
29,582 73,614
CREDITORS
Amounts falling due within one year 6 46,482 87,065
NET CURRENT LIABILITIES (16,900 ) (13,451 )
TOTAL ASSETS LESS CURRENT LIABILITIES 499 7,065

CREDITORS
Amounts falling due after more than one
year

7

11,644

18,286
NET LIABILITIES (11,145 ) (11,221 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (11,146 ) (11,222 )
(11,145 ) (11,221 )

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.

HRUFC TRADING COMPANY LIMITED (REGISTERED NUMBER: 10668528)

BALANCE SHEET - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:





S A Foreman - Director


HRUFC TRADING COMPANY LIMITED (REGISTERED NUMBER: 10668528)

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


1. STATUTORY INFORMATION

HRUFC Trading Company Limited is a private company, limited by shares , 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.
Fixtures and fittings - 25% on reducing balance and 15% 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.

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

HRUFC TRADING COMPANY LIMITED (REGISTERED NUMBER: 10668528)

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


2. ACCOUNTING POLICIES - continued

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 September 2023
and 31 August 2024 80,748
DEPRECIATION
At 1 September 2023 60,231
Charge for year 3,118
At 31 August 2024 63,349
NET BOOK VALUE
At 31 August 2024 17,399
At 31 August 2023 20,517

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,024 47,221
Other debtors 6,627 -
10,651 47,221

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 11,745 11,047
Taxation and social security 13,737 7,976
Other creditors 11,000 58,042
46,482 87,065

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 11,644 18,286

HRUFC TRADING COMPANY LIMITED (REGISTERED NUMBER: 10668528)

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


8. RELATED PARTY DISCLOSURES

During the year Harlow Rugby Union Football Club Limited was loaned money from the company with no set repayment date or interest payable. At the year end the amount owed from Harlow Rugby Union Football Club Limited was £6,627 (2023: £40,041owed to Harlow Rugby Union Football Club Limited).

During the year the company made donations totalling to £Nil (2023: £Nil) to Harlow Rugby Union Football Club Limited.

Management charges were incurred during the year from Harlow Rugby Union Football Club Limited which totalled to £Nil (2023: £Nil).

9. ULTIMATE CONTROLLING PARTY

During the year, Harlow Rugby Union Football Club Limited controlled the company by virtue of a controlling interest of 100% of the issued ordinary share capital.

10. GOING CONCERN

Harlow Rugby Union Football Club Limited (the CASC) recognises that the company has an insolvent balance sheet and confirms that the CASC will continue to support the company until it is in a solvent position again.