REGISTERED NUMBER: 07340202 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

AYLESTONE ST JAMES (MANAGEMENT) RUGBY

FOOTBALL CLUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P A Chapman

Mr P P Bott

Mr J Hickson

Mr P T A Carvell

REGISTERED OFFICE:

Granville Hall

Granville Road

Leicester

Leicestershire

LE1 7RU

REGISTERED NUMBER:

07340202 (England and Wales)

FIXED ASSETS

Tangible assets

4

484,408

493,070

CURRENT ASSETS

Debtors

5

22,700

17,220

Cash at bank

13

13

22,713

17,233

CREDITORS

Amounts falling due within one year

6

1,330

1,520

NET CURRENT ASSETS

21,383

15,713

TOTAL ASSETS LESS CURRENT LIABILITIES

505,791

508,783

RESERVES

Revaluation reserve

7

485,461

500,255

Income and expenditure account

7

20,330

8,528

505,791

508,783

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 23 April 2026 and were signed on its behalf by:

Mr P A Chapman - Director

Mr J Hickson - Director

1.	STATUTORY INFORMATION

Aylestone St James (Management) Rugby Football Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover

Revenue comprises the fair value for the provision of services excluding value added taxes and represent management charges from related entities.

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

-

Straight line over 40 years

Plant and machinery

-

10% on cost

The part of the annual depreciation charge on revalued assets which relates to the revaluation surplus is transferred from the revaluation reserve to the profit and loss account.

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.

Grants

Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST OR VALUATION

At 1 September 2024

and 31 August 2025

500,000

11,212

511,212

DEPRECIATION

At 1 September 2024

6,930

11,212

18,142

Charge for year

8,662

-

8,662

At 31 August 2025

15,592

11,212

26,804

NET BOOK VALUE

At 31 August 2025

484,408

-

484,408

At 31 August 2024

493,070

-

493,070

Included in cost or valuation of land and buildings is freehold land of £ 153,500 (2024 - £ 153,500 ) which is not depreciated.

Cost or valuation at 31 August 2025 is represented by:

Freehold

Plant and

property

machinery

Totals

£

£

£

Valuation in 2023

500,000

-

500,000

Cost

-

11,212

11,212

500,000

11,212

511,212

If the freehold land and building had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

17,339

17,339

Aggregate depreciation

4,777

4,477

The freehold land and building was valued on an open market basis on 27 July 2023 by Peter Tew & Co Chartered Surveyors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

22,700

17,220

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation

1,330

1,520

7.

RESERVES

Income

and

expenditure

Revaluation

account

reserve

Totals

£

£

£

At 1 September 2024

8,528

500,255

508,783

Deficit for the year

(2,992

)

(2,992

)

Transfer to I & E account

-

(14,794

)

(14,794

)

Transfer from revaluation

reserve

14,794

-

14,794

At 31 August 2025

20,330

485,461

505,791

8.	RELATED PARTY DISCLOSURES

The directors of Aylestone St James (Management) Rugby Football Club Limited are also directors of Aylestone St James Rugby Football Club Limited.

During the year the company received management charges of £7,000 (2024: £8,000) from Aylestone St James Rugby Football Club Limited.

At the year end, the company was owed £22,700.20 (2024: £17,220) to Aylestone St James Rugby Football Club Limited.

9.	ULTIMATE CONTROLLING PARTY

The ultimate control of the club lies with the board of directors, although the elected management committee has day to day control over the company activities in accordance with the memorandum and articles of association.