Camborne Rugby Football Club Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08623241

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,239,628		227,325

			1,239,628		227,325
CURRENT ASSETS
Stocks	5	45,428		9,776
Debtors	6	34,087		8,782
Cash at bank and in hand		182,434		354,040

		261,949		372,598
Creditors: Amounts Falling Due Within One Year	7	(1,089,293 )		(189,362 )

NET CURRENT ASSETS (LIABILITIES)			(827,344 )		183,236

TOTAL ASSETS LESS CURRENT LIABILITIES			412,284		410,561

NET ASSETS			412,284		410,561

Income and Expenditure Account			412,284		410,561

MEMBERS' FUNDS			412,284		410,561

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Camborne Rugby Football Club Limited

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Mr Stephen Cowburn

Director

23rd July 2026

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

1. General Information

Camborne Rugby Football Club Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 08623241 . The registered office is Suite 8 Camborne Business Centre, Weeth Lane, Camborne, Cornwall, TR14 7DB.

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. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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.

2.3. 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 & 25 years straight line
Leasehold	25 years straight line
Clubhouse Equipment	15% reducing balance & 3 years straight line
Playing Equipment	15% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

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

The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus 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 surplus. 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 surplus 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 surplus will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Camborne Rugby Football Club Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

2.5. Taxation - continued

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 and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 39 (2025: 5)

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Clubhouse Equipment	Playing Equipment	Total
	£	£	£	£	£
Cost
As at 1 May 2025	210,750	-	25,058	84,767	320,575
Additions	328,898	705,864	16,831	9,081	1,060,674

As at 30 April 2026	539,648	705,864	41,889	93,848	1,381,249

Depreciation
As at 1 May 2025	-	-	15,863	77,387	93,250
Provided during the period	13,156	28,235	4,511	2,469	48,371

As at 30 April 2026	13,156	28,235	20,374	79,856	141,621

Net Book Value
As at 30 April 2026	526,492	677,629	21,515	13,992	1,239,628

As at 1 May 2025	210,750	-	9,195	7,380	227,325

5. Stocks

	2026	2025
	£	£
Stock	45,428	9,776

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	16,604	8,782
Other debtors	17,483	-

	34,087	8,782

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Camborne Rugby Football Club Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	20,017	-
Corporation tax	-	1,112
VAT	13,183	5,764
Other creditors	25,683	-
Members Liability Fund	208	208
Grant monies held	1,024,014	180,101
Accruals and deferred income	6,188	2,177

	1,089,293	189,362

8. Capital Grants

	2026	2025
	£	£
Balance at 1 May 2025	180,101	-
Increase / (Decrease) in the year	843,913	180,101

Balance at 30 April 2026	1,024,014	180,101

Capital grants received in respect of expenditure on tangible fixed assets are credited to deferred income and released to the profit and loss account over the expected useful economic lives of the related assets.

During the year the company received grant funding towards the redevelopment and improvement of its rugby club facilities. The grant has been recognised as deferred income and will be released to income over the period in which the related assets are depreciated, being 25 years.

9. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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