Registration number: 07139260

Liskeard and Looe RFC Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Liskeard and Looe RFC Limited

Company Information

Directors

Mrs Susan Hannah Anthony Reginald Knightsbridge Mr Alfred Wesley Pound Mr William Austen Chapman Timothy Michael Mander Mr Barry James Numford

Registered office

Treworrick Farm St Cleer Liskeard Cornwall PL14 6EG

Accountants

Mr Nigel Leek FCA Chartered Accountant11 Walnut Road Mere Wiltshire BA12 6FG

Liskeard and Looe RFC Limited

(Registration number: 07139260)
Balance Sheet as at 1 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	975	1,425
Current assets
Cash at bank and in hand		65,344	52,110
Creditors: Amounts falling due within one year	6	(6,731)	(1,018)
Net current assets		58,613	51,092
Net assets		59,588	52,517
Capital and reserves
Other reserves		6,816	6,816
Retained earnings		52,772	45,701
Shareholders' funds		59,588	52,517

For the financial year ending 1 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 December 2025 and signed on its behalf by:
 

......................................... Mrs Susan Hannah Director

Liskeard and Looe RFC Limited

Notes to the Unaudited Financial Statements for the Year Ended 1 May 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Treworrick Farm
St Cleer
Liskeard
Cornwall
PL14 6EG

These financial statements were authorised for issue by the Board on 13 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Liskeard and Looe RFC Limited

Notes to the Unaudited Financial Statements for the Year Ended 1 May 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	25% straight line
Fixtures and Fittings	10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 6).

Liskeard and Looe RFC Limited

Notes to the Unaudited Financial Statements for the Year Ended 1 May 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 2 May 2024	4,500	567	5,067
At 1 May 2025	4,500	567	5,067
Depreciation
At 2 May 2024	3,075	567	3,642
Charge for the year	450	-	450
At 1 May 2025	3,525	567	4,092
Carrying amount
At 1 May 2025	975	-	975
At 1 May 2024	1,425	-	1,425

5

Debtors

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Accruals and deferred income	1,017	1,017
Other creditors	5,714	1
	6,731	1,018

7	Share capital