The Barrow Rugby Football Club Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00246668 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

THE BARROW RUGBY FOOTBALL CLUB LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Neale

Mr K Jackson

Mr R O Pritchard

Ms A Brook

SECRETARY:

Mrs K S Heighton

REGISTERED OFFICE:

Craven Park Ground

Barrow In Furness

Cumbria

LA14 1XP

REGISTERED NUMBER:

00246668 (England and Wales)

BANKERS:

The Royal Bank of Scotland plc

234-236 Dalton Road

Barrow in Furness

Cumbria

FIXED ASSETS

Tangible assets

4

1,763,608

1,795,476

CURRENT ASSETS

Stocks

34,500

30,275

Debtors

5,060

11,478

Cash at bank and in hand

11,269

25,446

50,829

67,199

CREDITORS

Amounts falling due within one year

721,636

599,012

NET CURRENT LIABILITIES

(670,807

)

(531,813

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,092,801

1,263,663

CREDITORS

Amounts falling due after more than one year

5

(388,073

)

(448,424

)

ACCRUALS AND DEFERRED INCOME

-

(8,238

)

NET ASSETS

704,728

807,001

RESERVES

Revaluation reserve

1,376,915

Income and expenditure account

(672,187

)

(569,914

)

704,728

807,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

Mr S Neale - Director

1.	STATUTORY INFORMATION

The Barrow Rugby Football Club 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

The financial statements have been prepared on the going concern basis.

Turnover

Turnover represents net invoiced sales of goods and services as adjusted for accrued income, excluding VAT.

Tangible fixed assets

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

Freehold property

-

2% on cost and not provided

Improvements to property

-

2% on cost

Plant and machinery

-

at variable rates on reducing balance

Fixtures and fittings

-

15% on cost

Motor vehicles

-

20% 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.

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 52 (2024 - 44 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 December 2024

and 30 November 2025

2,379,143

DEPRECIATION

At 1 December 2024

583,667

Charge for year

31,868

At 30 November 2025

615,535

NET BOOK VALUE

At 30 November 2025

1,763,608

At 30 November 2024

1,795,476

Included in cost or valuation of land and buildings is freehold land of £ 500,000 (2024 - £ 500,000 ) which is not depreciated.

The freehold land and buildings of the company are included in the Balance Sheet at open market value for existing use. The valuation was carried out by the Directors in September 2022 on a depreciated replacement cost basis at £1,450,000.The surplus or deficits on revaluation of freehold land and buildings are transferred to the revaluation reserve which is a departure from Financial Reporting Standard 102.

The net book value of tangible fixed assets includes £2,076 (2024: £2,594) in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £519 (2024: £649) for the financial year.

Cost or valuation at 30 November 2025 is represented by:

Totals

£

Valuation in 2025

2,379,143

If Freehold land and buildings had not been revalued they would have been included at the following historical cost:

30.11.25

30.11.24

£

Cost

929,737

Aggregate depreciation

366,696

Value of land in freehold land and buildings

500,000

Freehold land and buildings was valued on an open market basis on 6 September 2022 by the Directors .

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

30.11.25

30.11.24

£

Repayable otherwise than by instalments

Other loans more 5yrs

50,000

Repayable by instalments

Bank loans more 5 yr by instalments

53,427

47,787

Debentures have been classed as falling due after more than one year as it is deemed unlikely that any material amount would be called upon to be repaid within 12 months of the balance sheet date.

6.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

Loans

100,052

144,411

Included within loans falling due within one year and after one year are total amounts of £100,052 (2024: £144,411) which are secured by legal charges over the freehold land and building of the company.

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within creditors due after more than one year is £12,885 (2024: £24,885) in respect of a loan from Mr P Hornby and £391,721 (2024: £256,733) in respect of a loan from Mr S Neale.

8.	ULTIMATE CONTROLLING PARTY

No single party has overall control of the company.

9.	LIMITED BY GUARANTEE

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of a liquidation.