REGISTERED NUMBER: SC720067 (Scotland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

AYRSHIRE BULLS RUGBY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

W G McHarg

A Young

Ms L Main

J F Brown

REGISTERED OFFICE:

Ayrshire Bulls Rugby Limited

Millbrae

Alloway

Ayr

KA7 4PJ

REGISTERED NUMBER:

SC720067 (Scotland)

SENIOR STATUTORY AUDITOR:

Marguerite Roos BAcc CA

AUDITORS:

Galbraith Pritchards

Chartered Accountants & Statutory Auditor

20 Barns Street

Ayr

Ayrshire

KA7 1XA

CURRENT ASSETS

Debtors

4

-

25,869

Cash at bank

1

79,553

1

105,422

CREDITORS

Amounts falling due within one year

5

-

123,630

NET CURRENT ASSETS/(LIABILITIES)

1

(18,208

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1

(18,208

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

-

(18,209

)

1

(18,208

)

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 27 November 2025 and were signed on its behalf by:

A Young - Director

1.	STATUTORY INFORMATION

Ayrshire Bulls Rugby Limited is a private company, limited by shares , 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.

Going Concern

The financial statements have not been prepared on a going concern basis as it is the intention of the Directors to wind up the company during the next 12 months. The accounts are therefore prepared on a break up basis. Assets and liabilities are stated at their recoverable value.

RELATED PARTY EXEMPTION

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 28 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

-

24,240

Other debtors

-

1,629

-

25,869

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

-

811

Amounts owed to group undertakings

-

41,153

Taxation and social security

-

17,297

Other creditors

-

64,369

-

123,630

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

The Report of the Auditors was unqualified.

In forming our opinion on the financial statements, which is not modified, we have considered the adequacy of the disclosure made in note 1 of the financial statements concerning the charity's decision not to continue as a going concern. The financial statements are therefore not prepared on a going concern basis.

Marguerite Roos BAcc CA (Senior Statutory Auditor)

for and on behalf of Galbraith Pritchards

7.	POST BALANCE SHEET EVENTS

Since year end the directors have made the decision to wind the company up and the process is expected to take place within the next 12 months.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Ayr Rugby Football Club Limited.