REGISTERED NUMBER: SC517055 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

LOCHABER RUGBY FOOTBALL CLUB

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S McAleer

Mrs L E Revitt

S M Sandison

D Macdonald

R Davies

G Hendrie

K Johnson

D Macrae

Ms A McAleer

REGISTERED OFFICE:

The Clubhouse

Banavie

Fort William

Inverness-shire

PH33 7LY

REGISTERED NUMBER:

SC517055 (Scotland)

ACCOUNTANTS:

R A Clement Associates

5 Argyll Square

OBAN

Argyll

PA34 4AZ

FIXED ASSETS

Tangible assets

4

135,213

142,284

CURRENT ASSETS

Stocks

6,525

5,359

Debtors

5

6,050

5,000

Cash at bank

68,914

69,136

81,489

79,495

CREDITORS

Amounts falling due within one year

6

4,720

3,710

NET CURRENT ASSETS

76,769

75,785

TOTAL ASSETS LESS CURRENT LIABILITIES

211,982

218,069

RESERVES

Revaluation reserve

7

151,674

154,674

Income and expenditure account

60,308

63,395

211,982

218,069

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 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.

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 18 August 2025 and were signed on its behalf by:

D Macdonald - Director

1.	STATUTORY INFORMATION

Lochaber Rugby Football Club is a private company, limited by guarantee , registered in Scotland. 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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 May 2024

and 30 April 2025

150,000

3,198

11,059

18,639

182,896

DEPRECIATION

At 1 May 2024

24,000

997

4,839

10,776

40,612

Charge for year

3,000

550

1,555

1,966

7,071

At 30 April 2025

27,000

1,547

6,394

12,742

47,683

NET BOOK VALUE

At 30 April 2025

123,000

1,651

4,665

5,897

135,213

At 30 April 2024

126,000

2,201

6,220

7,863

142,284

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

6,050

5,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

4,720

3,710

7.

RESERVES

Revaluation

reserve

£

At 1 May 2024

154,674

Release of revaluation reserve

(3,000

)

At 30 April 2025

151,674