Yaxley FC (Stadium) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Yaxley FC (Stadium) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05272082 . The registered office is 42 Tyndall Court, Commerce Road, Lynch Wood, Peterborough, PE2 6LR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in prepaing its financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	no depreciation
Plant & machinery	10% on cost

2.5. Financial Instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

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.

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.

...CONTINUED

Page 3

Page 4

Yaxley FC (Stadium) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.5. Financial Instruments - 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 ordinar ycourse 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.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Page 4

Page 5

Yaxley FC (Stadium) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.7. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.8 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.

2.9. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method

2.10. Interest income

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

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Land & Property
	Freehold	Plant & machinery	Total
	£	£	£
Cost
As at 1 November 2024	46,235	34,647	80,882

As at 31 October 2025	46,235	34,647	80,882

Depreciation
As at 1 November 2024	-	34,647	34,647

As at 31 October 2025	-	34,647	34,647

Net Book Value
As at 31 October 2025	46,235	-	46,235

As at 1 November 2024	46,235	-	46,235

Page 5

Page 6

Yaxley FC (Stadium) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Investments

	Other
	£
Cost or Valuation
As at 1 November 2024	500

As at 31 October 2025	500

Provision
As at 1 November 2024	-

As at 31 October 2025	-

Net Book Value
As at 31 October 2025	500

As at 1 November 2024	500

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	300	-
Other debtors	30,415	29,455

	30,715	29,455

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	5,215	5,514

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4,985	4,985

9. Related Party Transactions

Included within other creditors is a balance of £3,161 (2024: £3,161) owed to the director. No interest has been charged on this balance. The loan is repayable on demand and unsecured.

Included within the other creditors is a balance of £8,385 (2024: £8,385) due from Yaxley FC (Facilities) Limited, a company in which Mr J S Lenton is a director and shareholder. No interest has been charged on the loan. This loan is repayable on demand.

Page 6

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		46,235		46,235
Investments	5		500		500

			46,735		46,735
CURRENT ASSETS
Debtors	6	30,715		29,455
Cash at bank and in hand		463		1,575

		31,178		31,030
Creditors: Amounts Falling Due Within One Year	7	(5,215 )		(5,514 )

NET CURRENT ASSETS (LIABILITIES)			25,963		25,516

TOTAL ASSETS LESS CURRENT LIABILITIES			72,698		72,251

NET ASSETS			72,698		72,251

CAPITAL AND RESERVES
Called up share capital	8		4,985		4,985
Share premium account			158,974		158,974
Capital redemption reserve			1,292		1,292
Profit and Loss Account			(92,553 )		(93,000 )

SHAREHOLDERS' FUNDS			72,698		72,251