Caseware UK (AP4) 2023.0.135 2023.0.135 2025-04-302025-04-30falseTrading company for Salisbury Rugby Club2024-05-013320truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11484340 2024-05-01 2025-04-30 11484340 2023-05-01 2024-04-30 11484340 2025-04-30 11484340 2024-04-30 11484340 2023-05-01 11484340 c:Director3 2024-05-01 2025-04-30 11484340 d:CurrentFinancialInstruments 2025-04-30 11484340 d:CurrentFinancialInstruments 2024-04-30 11484340 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 11484340 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 11484340 d:ShareCapital 2024-05-01 2025-04-30 11484340 d:ShareCapital 2025-04-30 11484340 d:ShareCapital 2023-05-01 2024-04-30 11484340 d:ShareCapital 2024-04-30 11484340 d:ShareCapital 2023-05-01 11484340 d:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 11484340 d:RetainedEarningsAccumulatedLosses 2025-04-30 11484340 d:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 11484340 d:RetainedEarningsAccumulatedLosses 2024-04-30 11484340 d:RetainedEarningsAccumulatedLosses 2023-05-01 11484340 c:FRS102 2024-05-01 2025-04-30 11484340 c:IndependentExaminationCharity 2024-05-01 2025-04-30 11484340 c:FullAccounts 2024-05-01 2025-04-30 11484340 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 11484340 e:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 11484340










SALISBURY RFC (TRADING) LTD










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2025

 
SALISBURY RFC (TRADING) LTD
REGISTERED NUMBER: 11484340

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2025

2025
2024
Note
£
£

  

Current assets
  

Stocks
  
13,815
24,084

Debtors: amounts falling due within one year
 4 
6,730
5,405

Cash at bank and in hand
 5 
7,266
7,193

  
27,811
36,682

Creditors: amounts falling due within one year
 6 
(27,810)
(36,681)

Net current assets
  
 
 
1
 
 
1

Total assets less current liabilities
  
1
1

  

Net assets
  
1
1


Capital and reserves
  

Called up share capital 
  
1
1

  
1
1


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 August 2025.




R D Jugg
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 1

 
SALISBURY RFC (TRADING) LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2025


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 May 2023
1
-
1


Comprehensive income for the year

Profit for the year

-
44,962
44,962


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
44,962
44,962


Contributions by and distributions to owners

Dividends: Gift aid donation
-
(44,962)
(44,962)


Total transactions with owners
-
(44,962)
(44,962)



At 1 May 2024
1
-
1


Comprehensive income for the year

Profit for the year

-
32,001
32,001


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
32,001
32,001


Contributions by and distributions to owners

Dividends: Gift aid donation
-
(32,001)
(32,001)


Total transactions with owners
-
(32,001)
(32,001)


At 30 April 2025
1
-
1


The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SALISBURY RFC (TRADING) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

1.


General information

Salisbury RFC (Trading) Ltd is a private company limited by share capital and is incorporated in England. Its registered office is Salisbury Rugby Football Club, Castle Road, Salisbury, Wiltshire, SP1 3SA. The financial statements are prepared in £ sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements are prepared on a going concern basis. The board of directors consider  that it is reasonable to prepare the financial statements on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
SALISBURY RFC (TRADING) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

 
2.4

Government grants

Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure. 

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
SALISBURY RFC (TRADING) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

3.


Employees

2025
2024
£
£

Wages and salaries
143,632
147,986

Social security costs
1,294
-

Cost of defined contribution scheme
8,590
8,722

153,516
156,708


The average monthly number of employees, including directors, during the year was 33 (2024 - 20).


4.


Debtors

2025
2024
£
£


Trade debtors
6,730
5,405

6,730
5,405



5.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
7,266
7,193

7,266
7,193



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
10,744
9,006

Amounts owed to group undertakings
4,125
5,889

Other taxation and social security
4,872
8,664

Other creditors
2,404
267

Accruals and deferred income
5,665
12,855

27,810
36,681


Page 5

 
SALISBURY RFC (TRADING) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

7.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £8,590 (2024: £8,722) . Contributions totaling £144 (2024: £208) were payable to the fund at the reporting date and are included in creditors.


8.


Controlling party

The company is a wholly owned subsidiary of Salisbury Rugby Football Club Limited, the company is not required to disclose transactions between the parent and subsidiary. The registered office of the parent company is Salisbury Rugby Football Club, Castle Road, Salisbury, Wiltshire, SP1 3SA. The parent and subsidiary form a small group and are not required to prepare consolidated financial statements.  The financial statements of the parent company can be obtained by writing to the registered office.

Page 6