REGISTERED NUMBER: 10612152 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Abergavenny RFC Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H Beavan

D James

H Davies

D C Evans

SECRETARY:

D C Evans

REGISTERED OFFICE:

The Club House

Bailey Park

Abergavenny

Monmouthshire

NP7 5SG

REGISTERED NUMBER:

10612152 (England and Wales)

ACCOUNTANTS:

Ashmole & Co

Park Chambers

10 Hereford Road

Abergavenny

Monmouthshire

NP7 5PR

FIXED ASSETS

Tangible assets

4

77,508

87,452

Investments

5

58,500

58,500

136,008

145,952

CURRENT ASSETS

Stocks

5,293

4,500

Debtors

6

115

895

Cash at bank and in hand

75,569

97,529

80,977

102,924

CREDITORS

Amounts falling due within one year

7

29,820

44,937

NET CURRENT ASSETS

51,157

57,987

TOTAL ASSETS LESS CURRENT LIABILITIES

187,165

203,939

RESERVES

Fair value reserve

8

49,100

49,100

Income and expenditure account

138,065

154,839

187,165

203,939

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 21 May 2026 and were signed on its behalf by:

D James - Director

1.	STATUTORY INFORMATION

Abergavenny RFC 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.

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.

Turnover

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

Tangible fixed assets

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

Land and buildings

-

at varying rates on cost

Plant and machinery etc

-

20% on reducing balance and 10% 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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

and 31 July 2025

115,539

57,700

173,239

DEPRECIATION

At 1 August 2024

56,491

29,296

85,787

Charge for year

4,925

5,019

9,944

At 31 July 2025

61,416

34,315

95,731

NET BOOK VALUE

At 31 July 2025

54,123

23,385

77,508

At 31 July 2024

59,048

28,404

87,452

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.7.25

31.7.24

£

£

WRU Debentures cost

9,400

9,400

Fair value adjustment

49,100

49,100

58,500

58,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other debtors

115

895

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

1,113

1,440

Taxation and social security

13

70

Other creditors

28,694

43,427

29,820

44,937

8.

RESERVES

Fair

value

reserve

£

At 1 August 2024

and 31 July 2025

49,100