REGISTERED NUMBER: 00084040 (England and Wales)

Rotherham Athletic Company Limited(The)

Financial Statements For The Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Badger

J F Bingham

A E Grice

SECRETARY:

J D Welch

REGISTERED OFFICE:

C/O Kingswood Allotts Limited

Sidings Court

Lakeside

DONCASTER

DN4 5NU

REGISTERED NUMBER:

00084040 (England and Wales)

AUDITORS:

Kingswood Allotts Limited, Statutory Auditor

Chartered Accountants

Sidings Court

Lakeside

Doncaster

DN4 5NU

FIXED ASSETS

Investment property

4

210,000

200,000

CURRENT ASSETS

Debtors

5

-

874

Cash at bank

129,485

110,394

129,485

111,268

CREDITORS

Amounts falling due within one year

6

25,527

25,763

NET CURRENT ASSETS

103,958

85,505

TOTAL ASSETS LESS CURRENT LIABILITIES

313,958

285,505

CREDITORS

Amounts falling due after more than one year

7

(1,000

)

(1,750

)

PROVISIONS FOR LIABILITIES

(33,167

)

(30,605

)

NET ASSETS

279,791

253,150

CAPITAL AND RESERVES

Called up share capital

3,127

3,127

Fair value reserve

8

173,968

166,530

Retained earnings

102,696

83,493

SHAREHOLDERS' FUNDS

279,791

253,150

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 4 September 2025 and were signed on its behalf by:

A E Grice - Director

1.	STATUTORY INFORMATION

Rotherham Athletic Company Limited(The) 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income receivable excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Deferred income

Lease premiums received are deferred over the term of the lease and released to profit and loss on a straight line basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

200,000

Revaluations

10,000

At 31 March 2025

210,000

NET BOOK VALUE

At 31 March 2025

210,000

At 31 March 2024

200,000

The directors consider the freehold interest in Clifton Lane Sports Ground, Rotherham, constitutes an investment property as defined in the Financial Reporting Standard 102 Section 1A. Consequently, no depreciation is provided.

The last professional valuation of £150,000 was made as at 27 July 2017 and was based on current use value, exclusive of any potential value for alternative uses. This was carried out by Burgess Commercial Limited. The directors have updated this valuation based on the relative increase in rental income from 2017 to 2025. The directors consider this valuation approximates to the fair value at 31 March 2025.

Deferred taxation is provided on the expected gain at the rate expected to apply when the property is sold.

Fair value at 31 March 2025 is represented by:

£

Valuation in 1980

17,135

Valuation in 2006

355,000

Valuation in 2017

(225,000

)

Valuation in 2023

36,000

Valuation in 2024

14,000

Valuation in 2025

10,000

Cost

2,865

210,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

VAT

-

307

Prepayments and accrued income

-

567

-

874

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation

4,446

4,444

VAT

502

-

Other creditors

7,049

7,789

Dividend not drawn

13,530

13,530

25,527

25,763

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

1,000

1,750

8.

RESERVES

Fair

value

reserve

£

At 1 April 2024

166,530

Revaluation in year

10,000

Deferred tax transfer

(2,562

)

At 31 March 2025

173,968

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Garrison BCom FCA DChA (Senior Statutory Auditor)

for and on behalf of Kingswood Allotts Limited, Statutory Auditor