ACCOUNTS - Final Accounts

Analysis of the maturity of loans, which includes amounts disclosed in notes 7 and 8, are given below:

Registered number: 09074998

RICHMOND RUGBY LIMITED

(A company limited by guarantee)

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2025

RICHMOND RUGBY LIMITED

(A company limited by guarantee)

REGISTERED NUMBER: 09074998

BALANCE SHEET

AS AT 30 JUNE 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		88,750		88,750
			88,750		88,750
Current assets
Debtors: amounts falling due within one year	5	542,929		600,001
Cash at bank and in hand	6	6,460		6,205
		549,389		606,206
Creditors: amounts falling due within one year	7	(107,364)		(132,452)
Net current assets			442,025		473,754
Total assets less current liabilities			530,775		562,504
Creditors: amounts falling due after more than one year	8		(416,667)		(458,333)

Net assets			114,108		104,171

Capital and reserves
Profit and loss account	114,108	104,171

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 June 2026.

A H Law F.C.A.

Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

RICHMOND RUGBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1.	General information

Richmond Rugby Limited (the Company) is a private company, limited by guarantee, registered in the United Kingdom under the Companies Act. The registered office is 1 The Green, Richmond, TW9 1PL.

The financial statements are presented in pound sterling (£) which is the functional currency of the company and rounded to the nearest pound.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

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RICHMOND RUGBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

2.Accounting policies (continued)

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.8

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.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

Creditors

Short-term 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.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

Page 3

RICHMOND RUGBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 July 2024	88,750
	At 30 June 2025	88,750

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	541,062	599,056
Other debtors	1,867	945
	542,929	600,001

6.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	6,460	6,205

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other loans	41,667	41,667
Amounts owed to group undertakings	57,785	57,785
Accruals and deferred income	7,912	33,000
	107,364	132,452

Page 4

RICHMOND RUGBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

	Other loans	416,667	458,333

Amounts falling due within one year
Other loans	41,667	41,667
Amounts falling due 1-2 years
Other loans	41,667	41,667
Amounts falling due 2-5 years
Other loans	125,000	125,000
Amounts falling due after more than 5 years
Other loans	250,000	291,666
The English Sports Council loan	458,334	500,000

The loan is secured by a floating charge over all of the assets of the Company.

10.	Related party transactions

The following total were owed to/by fellow group companies:

	2025	2024
	£	£
Interest free amounts owed by Richmond Athletic Association Limited	78,410	81,678
Interest accruing amounts owed by Richmond Football Club Limited	435,283	500,008
Interest accrued on amounts owed by Richmond Football Club Limited	27,370	17,370
Interest free amounts owed by Richmond Football Club Limited	20,485	20,485
Interest free amounts owed to Richmond Vikings Limited	37,300	37,300

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RICHMOND RUGBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025


11.	Company status

The company is a company limited by guarantee and has thirty-three members who are also members of Richmond Football Club, the proprietary club owned and operated by Richmond Football Club Limited. Each member has undertaken to contribute a sum not exceeding £1 under certain circumstances, as set out in the Articles of Association to the assets of the company being wound up. Any surplus of funds on the dissolution of the company shall be applied for the benefit of rugby related charities.

12.	Auditors' information

The auditors' report on the financial statements for the year ended 30 June 2025 was unqualified.

The audit report was signed on 8 June 2026 by David Alesbury (Senior statutory auditor) on behalf of Feltons.

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