ACCOUNTS - Final Accounts preparation

Registered number: 11484340

SALISBURY RFC (TRADING) LTD

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2026

SALISBURY RFC (TRADING) LTD

REGISTERED NUMBER: 11484340

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2026

		2026		2025
Note		£		£


Current assets
Stocks		11,443		13,815
Debtors: amounts falling due within one year	4	5,272		6,730
Cash at bank and in hand	5	21,948		7,266
		38,663		27,811
Creditors: amounts falling due within one year	6	(38,662)		(27,810)
Net current assets			1		1
Total assets less current liabilities			1		1

Net assets			1		1

Capital and reserves
Called up share capital	1	1
	1	1

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 comprehensive income 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 13 July 2026.

J R B Blake

Director

The notes on pages 3 to 5 form part of these financial statements.

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SALISBURY RFC (TRADING) LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 30 APRIL 2026

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 May 2024	1	-	1
Comprehensive income for the year
Profit for the year	-	32,001	32,001
Other comprehensive income for the year	-	-	-
Total comprehensive income for the year	-	32,001	32,001
Contributions by and distributions to owners
Dividends: Gift aid donation	-	(32,001)	(32,001)
Total transactions with owners	-	(32,001)	(32,001)

At 1 May 2025	1	-	1
Comprehensive income for the year
Profit for the year	-	36,767	36,767
Other comprehensive income for the year	-	-	-
Total comprehensive income for the year	-	36,767	36,767
Contributions by and distributions to owners
Dividends: Gift aid donation	-	(36,767)	(36,767)
Total transactions with owners	-	(36,767)	(36,767)
At 30 April 2026	1	-	1

The notes on pages 3 to 5 form part of these financial statements.

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SALISBURY RFC (TRADING) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

1.	General information

Salisbury RFC (Trading) Ltd is a private company limited by share capital and is incorporated in England. Its registered office is Salisbury Rugby Football Club, Castle Road, Salisbury, Wiltshire, SP1 3SA. The financial statements are prepared in £ sterling, which is the functional currency of the company.

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 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.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements are prepared on a going concern basis. The board of directors consider that it is reasonable to prepare the financial statements on a going concern basis.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

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

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

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SALISBURY RFC (TRADING) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

2.Accounting policies (continued)

2.4

Government grants

Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.7

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.

2.8

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 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.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees during the year was 28 (2025 - 28).

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SALISBURY RFC (TRADING) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Debtors

					2026	2025
					£	£


Trade debtors	3,272	6,730
Other debtors	2,000	-
	5,272	6,730

5.	Cash and cash equivalents
		2026	2025
		£	£

Cash at bank and in hand	21,948	7,266
	21,948	7,266

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	7,177	10,744
Amounts owed to group undertakings	22,801	4,125
Other taxation and social security	5,471	4,872
Other creditors	1,197	2,404
Accruals and deferred income	2,016	5,665
	38,662	27,810

7.	Pension commitments

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 £2,780 (2025: £8,590) . Contributions totaling £144 (2025: £144) were payable to the fund at the reporting date and are included in creditors.

8.	Controlling party

The company is a wholly owned subsidiary of Salisbury Rugby Football Club Limited, the company is not required to disclose transactions between the parent and subsidiary. The registered office of the parent company is Salisbury Rugby Football Club, Castle Road, Salisbury, Wiltshire, SP1 3SA. The parent and subsidiary form a small group and are not required to prepare consolidated financial statements. The financial statements of the parent company can be obtained by writing to the registered office.

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