| REGISTERED NUMBER: |
| North Petherton Rugby Football Club |
| Limited |
| Unaudited Financial Statements for the Year Ended 30 April 2025 |
| REGISTERED NUMBER: |
| North Petherton Rugby Football Club |
| Limited |
| Unaudited Financial Statements for the Year Ended 30 April 2025 |
| North Petherton Rugby Football Club |
| Limited (Registered number: 06184455) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2025 |
| Page |
| Company Information | 1 |
| Abridged Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| North Petherton Rugby Football Club |
| Limited |
| Company Information |
| for the Year Ended 30 April 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 4 King Square |
| Bridgwater |
| Somerset |
| TA6 3YF |
| BANKERS: |
| PO Box 382 |
| Prescott Street |
| London |
| E1 8RP |
| North Petherton Rugby Football Club |
| Limited (Registered number: 06184455) |
| Abridged Statement of Financial Position |
| 30 April 2025 |
| 30.4.25 | 30.4.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Pre-incorporation reserves | 7 |
| Income and expenditure account | 7 |
| 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. |
| North Petherton Rugby Football Club |
| Limited (Registered number: 06184455) |
| Abridged Statement of Financial Position - continued |
| 30 April 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| North Petherton Rugby Football Club |
| Limited (Registered number: 06184455) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2025 |
| 1. | STATUTORY INFORMATION |
| North Petherton Rugby Football Club Limited is a |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover includes bar income recognised at the point goods are supplied and consideration becomes due, sponsorship income, clubhouse lettings and other rentals are included for the period in which they relate. Membership and subscriptions are recognised on a cash basis. All income is included net of value added tax where it is appropriate. |
| Tangible fixed assets |
| Floodlights | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| No depreciation is provided on land and buildings. An impairment review of the land and buildings has been undertaken and, in the opinion of the directors, the carrying amount of the asset is not materially different from the recoverable amount. This is due to existing condition of the property and the nature of the club's activities. This policy is a departure from Financial Reporting Standard 102. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| North Petherton Rugby Football Club |
| Limited (Registered number: 06184455) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 May 2024 |
| Additions |
| Disposals | ( |
) |
| At 30 April 2025 |
| DEPRECIATION |
| At 1 May 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 April 2025 |
| NET BOOK VALUE |
| At 30 April 2025 |
| At 30 April 2024 |
| 6. | FIXED ASSET INVESTMENTS |
| Information on investments other than loans is as follows: |
| Totals |
| £ |
| COST |
| At 1 May 2024 |
| and 30 April 2025 | 1 |
| NET BOOK VALUE |
| At 30 April 2025 | 1 |
| At 30 April 2024 | 1 |
| 7. | RESERVES |
| Income |
| and |
| expenditure | Pre-incorporation |
| account | reserves | Totals |
| £ | £ | £ |
| At 1 May 2024 | 610,299 |
| Deficit for the year | ( |
) | ( |
) |
| At 30 April 2025 | 590,675 |
| North Petherton Rugby Football Club |
| Limited (Registered number: 06184455) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 8. | RELATED PARTY DISCLOSURES |
| During the year the club paid £22,549 (2024 - £35,576) to Mrs S M Sweet (a Director) for project management services. |
| During the prior year the club embarked on a major project to construct a new roof and extension at the club premises. One of the contractors selected to undertake part of the work was Gary Sweet Building Services. The total of payments made to him by the club in 2024 were £11,721. |
| Mr G J Sweet is the husband of Mrs S M Sweet a Director of the club. The work was undertaken under full commercial terms and at arms length. |
| 9. | ULTIMATE CONTROLLING PARTY |
| The company was controlled throughout the period by its members. |
| 10. | COMPANY LIMITED BY GUARANTEE |
| The company is limited by guarantee and has no share capital. In the event of the club being wound up, every member undertakes to contribute to the assets of the club an amount not exceeding £1 to satisfy debts and liabilities contracted before the member ceases membership. The liability is extended to include a period of one year following the cessation of membership by an individual but is limited to the pre membership cessation liabilities and the winding up costs. |