REGISTERED NUMBER: 07352875 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

AYLESTONE ST JAMES 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:

07352875 (England and Wales)

FIXED ASSETS

Tangible assets

4

140,907

149,442

CURRENT ASSETS

Stocks

3,001

3,400

Debtors

5

2,774

2,550

Cash at bank and in hand

53,080

56,281

58,855

62,231

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6

83,576

79,414

NET CURRENT LIABILITIES

(24,721

)

(17,183

)

TOTAL ASSETS LESS CURRENT LIABILITIES

116,186

132,259

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

7

89,978

102,436

NET ASSETS

26,208

29,823

RESERVES

Income and expenditure account

9

26,208

29,823

26,208

29,823

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 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.

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).

Going Concern

The financial statements have been prepared on a going concern basis. Continuing to trade depends on the continued support of the related company. Should the company be unable to continue to trade, adjustments would have to be made to reduce the value of the assets to their recoverable amounts, to provide for any further liabilities which might arise and to re-classify fixed assets as current assets.

Turnover

Revenue comprises the fair value for the sale of goods, member subscriptions and other income associated with a rugby club, excluding value added taxes.

In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined to be on the commencement of membership or delivery of goods.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

Straight line over 20 years

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

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.

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 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 September 2024

180,446

6,128

507

187,081

Additions

-

2,137

-

2,137

At 31 August 2025

180,446

8,265

507

189,218

DEPRECIATION

At 1 September 2024

34,776

2,544

319

37,639

Charge for year

9,058

1,603

11

10,672

At 31 August 2025

43,834

4,147

330

48,311

NET BOOK VALUE

At 31 August 2025

136,612

4,118

177

140,907

At 31 August 2024

145,670

3,584

188

149,442

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

148

2,550

Other debtors

2,626

-

2,774

2,550

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,445

1,543

Other loans

7,452

7,452

Trade creditors

10,498

11,940

Amounts owed to group undertakings

22,700

17,220

Paye/Ni payable

93

-

VAT

1,484

1,314

Other creditors

39,074

39,074

Accruals and deferred income

830

871

83,576

79,414

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

1,445

Other loans - 1-2 years

7,452

7,452

Other loans - 2-5 years

14,884

22,336

Deferred government grants

67,642

71,203

89,978

102,436

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other loans

29,788

37,240

9.

RESERVES

Income

and

expenditure

account

£

At 1 September 2024

29,823

Deficit for the year

(3,615

)

At 31 August 2025

26,208

10.	RELATED PARTY DISCLOSURES

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

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

At the year end, Aylestone St James (Management) Rugby Football Club Limited was owed £22,700 from the company (2024: £17,220).

At the balance sheet date there is a loan to the company of £39,074 (2024: £39,074) from Mr R Hickson, former director of the company.

11.	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 the articles of association.