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Registered number:
FOR THE YEAR ENDED 31 OCTOBER 2025
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
COMPANY INFORMATION
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
CONTENTS
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 OCTOBER 2025
Introduction
The directors present the strategic report for the year ended 31 October 2025.
To continue as one of the world's leading professional rugby league clubs and also to maximise non-rugby
related revenue streams available to the club as a result of its ownership of its, wholly-owned, stadium facility.
The 2025 season was another difficult season for the club.
A league position of fifth then saw us eliminated in the semi-final of the play offs by Hull KR. The St Helens women’s team lost out in both the Grand Final and the Challenge Cup Final and continued to evolve professionally. Home Gate receipts were comparable to 2024 but in general there was a drop off in visiting fans presumably a result of all games being televised. Super League distributions remained flat despite all games being televised. Retail sales were down but Non Match day Hospitality and Events continued at around the same levels. Hosting Liverpool Women’s Football Team for a full season generates additional margin. Total revenues rose 3% from £8,581,390 in 2024 to £8,876,350 in 2025. Operating losses decreased from £3,554,463 to £3,459,277 in 2025. Costs have increased across all of the teams and the stadium as well as the impact of the national minimum wage, business rates and employers national insurance contributions. We continually look at ways to control and reduce our costs. Earnings before interest, taxation, depreciation and amortisation improved marginally from a loss of £2,559,952 in 2024 to a loss of £2,482,999 in 2025. Net assets decreased from a net asset of £313,258 in 2024 to a net liability of £2,891,096 in 2025. Debtors and cash are £964,927 (2024 - £980,067).
The principal risk of the Group is an adverse performance on the pitch, and its subsequent effect on income streams. The Group believe that they have in place the appropriate facilities and staff to ensure that the team continues to challenge in all competitions.
Energy prices are a major concern as there is no way to pass on these increased costs without impacting attendances for both match and non-match day activity. Support funding received from the Department of Culture, Media and Sport (DCMS) for the sport of rugby league in 2020 started to be repaid including the interest from July 2023. Credit risk It is the Group's policy that customers who wish to trade on credit terms are subject to credit verification procedures. Receivable balances are monitored on an ongoing basis and action is taken promptly when payment terms are breached.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
Interest rate risk The Group has a fixed rate of interest on its loans from RFL Investments Ltd. All other financial instruments are non-interest bearing. Liquidity risk The Board monitors monthly cash forecasts prepared by management based on historic trading levels and expected future trading levels. Costs are constantly reviewed and capital investment is closely controlled.
Foreign currency risk
The group trades primarily in the UK and as such the level of foreign currency risk is quite low.
The key performance indicators are operating profit/(loss) and the net assets figure. These indicators are disclosed in the financial statements on pages 11 and 12 respectively and discussed in the business review above.
In line with all rugby league clubs, we are subject to IMG Grading of which we are Grade A (2024 - Grade A).
Whilst our average home attendance has fallen slightly to 9,491 from 9,966, our Social Media followers have increased from 277,260 to 295,505 and engagements have increased from 32 million to nearly 37 million. Our non-centralised turnover has increased to 86% of total turnover (2024 - 82%).
The mission of St Helens RFC is to be a successful rugby league club regularly competing in, and winning, the competitions in which they participate. The directors have a duty to promote the success of the company for the benefit of its employees and key stakeholders.
Stakeholders The directors actively engage with stakeholders of the group to create positive relationships. Our key stakeholders include our employees who are at the centre of our business, working to achieve our aims. Members and supporters in the wider St Helens community are key to the Group, and ensuring they receive a positive experience whenever they visit the stadium is key to the business. Customers A main focus of St Helens RFC is to achieve excellent customer service. Some of our customers are also sponsors with whom we have developed long standing relationships, built on openness and quality of service. The directors and employees continue to promote these relationships with a view to ensuring the long-term success of the business. Suppliers We work closely with our suppliers, many of whom are based within the St Helens community. The directors believe it is important to create positive relationships with local businesses where many employees of such businesses are also supporters.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
St Helens community
The directors recognise that the Group is at the centre of the St Helens community and consideration is given to the effect on the community and the environment of prospective decisions before they are taken. The Group is one of the largest employers in the area and the directors recognise their responsibility to the town. Decision making Key decisions are presented to the Board at executive meetings by the management team. Directors are briefed on any possible risks to the business or any of its stakeholders and how they are to be managed. The Directors take these factors into account before making a final decision which they believe to be in the best interests of the Group. Sustainability The directors and senior management focus on the long-term sustainability of the Group when making business decisions in order to ensure stable returns. The Board annually reviews and approves a three-year strategic plan and performance against this is reviewed in the year. The potential impact and risks to individual stakeholders of the plan are highlighted to the Board. This is to ensure that the Group is conducting all business relationships with integrity.
This report was approved by the board on 26 May 2026 and signed on its behalf.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 OCTOBER 2025
The directors present their report and the financial statements for the year ended 31 October 2025.
The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The loss for the year, after taxation, amounted to £3,369,716 (2024 - loss £1,921,533).
No ordinary dividends were paid in the current or prior period. The directors do not recommend payment of a final dividend.
The directors who served during the year were:
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
Given that central distributions are unlikely to dramatically increase in the short term, the club will focus on improving operational revenues as well as reviewing and rationalising its costs.
Given the brand of rugby league and the quality of the clubs facilities and stadium, it is relatively well placed to improve its financial performance and position over the longer term.
Research and development is in biomechanics and is based on qualifying costs.
The Group encourages the involvement of its employees in its management through regular meetings for the dissemination of information of particular concern to employees, including the financial and economic factors affecting the performance of the company and for receiving their views on important matters of policy.
The club management team meet monthly and hold meetings with staff both pre and post all games to ensure good communication is maintained. Key messages and policy communications are conducted via team briefings and the club undertakes a staff appraisal system to create an environment where two-way communication is encouraged and good working practices are communicated and reviewed with employees and their managers.
In accordance with section 172 of the Companies Act, the Group has a requirement to report on a need to foster the Group's business relationships with suppliers, customers and others. The relationships are considered in the decision making of the Group, the details of which are included in the strategic report.
The company has not disclosed information in respect of greenhouse gas emissions, energy consumption and energy efficient action as it has been included in the consolidated financial statements of the parent company Sporting Club St. Helens Limited.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
The auditors, WR Partners, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board on 26 May 2026 and signed on its behalf.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST HELENS RUGBY FOOTBALL CLUB LIMITED
We have audited the financial statements of St Helens Rugby Football Club Limited (the 'Company') for the year ended 31 October 2025, which comprise the Profit and loss account, the Balance sheet, the Statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST HELENS RUGBY FOOTBALL CLUB LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST HELENS RUGBY FOOTBALL CLUB LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
The audit team obtained an understanding of the legal and regulatory frameworks that are applicable to the Company and determined that the most significant are those that relate to the reporting framework (FRS 102 and the Companies Act 2006), the relevant tax compliance regulations, employment law, health and safety regulations and UK General Data Protection Regulation. We understood how the Company is complying with these frameworks by making enquiries of management and those responsible for legal and compliance procedures. The audit team identified the risk of management override of controls and revenue recognition as the areas where the financial statements were most susceptible to material misstatement due to fraud. Audit procedures performed included but were not limited to testing manual journal entries and other adjustments, consideration of management bias in relation to key estimates, and evaluating the business rationale in relation to significant, unusual transactions and transactions entered into outside the normal course of business. We tested a sample of revenue transactions recorded in the year and either side of the year end to determine whether there was any evidence of material mistatement due to fraud.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST HELENS RUGBY FOOTBALL CLUB LIMITED (CONTINUED)
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Chartered Accountants
Statutory Auditors
3 Royal Court
Gadbrook Way
Gadbrook Park
Cheshire
CW9 7UT
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2025
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
REGISTERED NUMBER: 00331905
BALANCE SHEET
AS AT 31 OCTOBER 2025
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
REGISTERED NUMBER: 00331905
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 May 2026.
The notes on pages 15 to 32 form part of these financial statements.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2025
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
St Helens Rugby Football Club Limited is a private company limited by shares and is registered, domiciled and incorporated in England and Wales. The registered office is St Helens RFC Stadium, McManus Drive, St. Helens, Merseyside, WA9 3AL.
2.Accounting policies
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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).
The following principal accounting policies have been applied:
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of Sporting Club St. Helens Limited as at 31 October 2025 and these financial statements may be obtained from Companies House.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
2.Accounting policies (continued)
Due to the impact of COVID 19 on Rugby League the Company previously received £2.6m of loans provided by the government as specific support to the sport of rugby league. These loans attracted interest from May 2021 and interest and loan repayments commenced in July 2023 over an eight year period. The annual cost of servicing these loans is £348,914.
Rugby League operates in an increasingly competitive market along with other sports. Against this background the Governing Body and the Club strive to maintain and increase both the attendances and income streams. The hospitality sector continues to grow. The Company has modelled moderate increases in sponsorship and hospitality levels and that loans will be repaid in line with the above terms, but have also sensitised the forecasts to consider severe but plausible downside scenarios in which the level of income falls. The ultimate parent, Crowther Street Holdings Limited has confirmed it will provide financial support to the Company for a period of at least 12 months from the date of signing these financial statements. The directors have satisfied themselves that Crowther Street Holdings Limited are able to provide any support needed, including that required in the downside scenarios mentioned above. As a result, the directors believe it is appropriate to continue to prepare the accounts using the going concern assumption. Gate receipts relate to the proceeds taken at turnstiles for each game and the season ticket sales for the season. Any prepaid season ticket sales are included within deferred income. Future credits against season tickets are recognised as deferred income. The sale of players relates to players sold who were under contract to the club. The income is accounted for when the sale contract is agreed. Television fees relate to the payments for television coverage from Sky and the BBC. It is accounted for on an accrual basis. Sponsorship, advertising, and hospitality is accounted for in the season to which it relate. Any prepaid sales are included within deferred income. Merchandising relates to shop sales and it is accounted for on a receipts basis. Lottery donations are accounted for on a receipts basis. All of the above items exclude value-added tax and are recorded at the fair value of the consideration receivable.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
2.Accounting policies (continued)
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
2.Accounting policies (continued)
At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
2.Accounting policies (continued)
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
2.Accounting policies (continued)
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Other financial assets
Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.
Impairment of financial assets
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.
Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.
If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.
Basic financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
2.Accounting policies (continued)
Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
Derecognition of financial instruments
Derecognition of financial assets
Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period, or in the period of the revision and future periods where the revision affects both current and future periods. In the opinion of the directors, there are no material judgments that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities. Valuation of land and buildings The main estimates applied in preparing these financial statements concern the carrying value of the company's leasehold land and buildings. The basis on which this has been reflected in these statements is set out in note 11.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Analysis of turnover by country of destination:
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Page 24
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
10.Taxation (continued)
The Company has £13,115,454 (2024 - £13,115,454) of trading losses, all of which arose prior to April 2017, that have not been recognised as the timing of crystallisation is uncertain.
The leasehold land and buildings were valued at 31 October 2023 to a value of £31,760,000 based on a depreciated replacement cost by M.A. King Consulting, a firm of independent Chartered Surveyors, in accordance with the Royal Institution of Chartered Surveyors. M.A. King Consulting are not connected with the Company.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
11.Tangible fixed assets (continued)
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Page 27
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Page 28
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Other loans are secured by a charge over all the assets and undertakings of St Helens Rugby Football Club Limited. Other loans consist of loans from RFL Investments Limited, which are part of a package of government support measures. The loan attracts interest at 2%. The loans are due to be fully repaid by April 2031. Interest and arrangement fees of £87,508 (2024 - £46,803) have been accrued at year end.
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Page 30
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Revaluation reserve
Profit and loss account
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ST HELENS RUGBY FOOTBALL CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £60,954 (2024 - £60,971). Contributions totalling £0 (2024 - £21,082) were payable to the fund at the balance sheet date and are included in creditors.
25.Financial commitments, guarantees and contingent liabilities
The loans in Sporting Club St. Helens Limited from Crowther Street Holdings Limited are secured by a debenture over all of the assets and undertakings of Sporting Club St. Helens Limited and its subsidiary, St Helens Rugby Football Club Limited. The total liability at 31 October 2025 was £19,254,073 (2024 - £16,180,275).
M Coleman is considered to be the ultimate controlling party given his majority shareholding in Crowther Street Holdings Limited who have a holding greater than 50% of the share capital of Sporting Club St. Helens Limited.
The ultimate parent company is Crowther Street Holdings Limited who are incorporated in the British Virgin Islands. The smallest and largest group for which consolidated accounts including St Helens Rugby Football Club Limited are prepared is that headed by Sporting Club St. Helens Limited. The consolidated accounts of Sporting Club St. Helens Limited are available from Companies House.
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