ACCOUNTS - Final Accounts

Registered number: 07592215

Rugby League World Cup 2021 Limited

Financial statements

Information for filing with the registrar

For the Year Ended 31 December 2025

Rugby League World Cup 2021 Limited

Registered number: 07592215

Statement of Financial Position

As at 31 December 2025

		2025		2024
Note		£		£

Current assets
Debtors: amounts falling due within one year	3	342,276		383,255
Cash at bank and in hand	4	11,423		68,084
		353,699		451,339
Creditors: amounts falling due within one year	5	(810,427)		(908,067)
Net current liabilities			(456,728)		(456,728)

Net liabilities			(456,728)		(456,728)

Capital and reserves
Called up share capital	6	1	1
Profit and loss account		(456,729)	(456,729)
		(456,728)	(456,728)

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 by:

R W Jones

Director

Date: 26 June 2026

The notes on pages 2 to 5 form part of these financial statements.

Page 1

Rugby League World Cup 2021 Limited

Notes to the Financial Statements

For the Year Ended 31 December 2025

1.	General information

Rugby League World Cup 2021 Limited is a private company limited by shares incorporated in England and Wales. The registered office is Gate 13, Rowsley Street, Etihad Campus, Manchester, M11 3FF.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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 financial statements have not been prepared on a going concern basis.

2.2

Going concern

The directors have assessed the company’s financial position and forecast cash flows for a period of at least twelve months from the date of approval of these financial statements. The company has ceased trading in respect of the 2021 Rugby League World Cup and currently has no active revenue-generating operations. At the reporting date, the company had net liabilities and net current liabilities of £457k.

As a result of this position and also the nature of the company's creditors and the likelihood of reaching appropriate settlements, the directors have concluded that it is not appropriate to adopt the going concern basis of preparation.

2.3

Taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 2

Rugby League World Cup 2021 Limited

Notes to the Financial Statements

For the Year Ended 31 December 2025

2.Accounting policies (continued)

2.4

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.

2.5

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.

2.6

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 Statement of Financial Position 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.

Discounng 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.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date.

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.

Page 3

Rugby League World Cup 2021 Limited

Notes to the Financial Statements

For the Year Ended 31 December 2025

2.Accounting policies (continued)

2.6

Financial instruments (continued)

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities, which include trade and other creditors are initially measured at their transaction price after transaction costs.

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.

Debtors

					2025	2024
					£	£


Trade debtors	340,383	380,338
Amounts owed by group undertakings	1	1
Other debtors	12	1,036
Prepayments and accrued income	1,880	1,880
	342,276	383,255

4.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	11,423	68,084

Page 4

Rugby League World Cup 2021 Limited

Notes to the Financial Statements

For the Year Ended 31 December 2025

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	8,451	9,123
Amounts owed to group undertakings	-	10,161
Corporation tax	26	26
Other creditors	16,570	16,571
Accruals and deferred income	785,380	872,186
	810,427	908,067

6.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 (2024 -1) A Ordinary share of £1.00	1	1

7.	Controlling party

The immediate and ultimate parent undertaking is RFL (Governing Body) Limited (Company number 05835638), a company incorporated in England and Wales.

The parent company address is Rugby Football League Gate 13, Rowsley Street, Etihad Campus, Manchester, England, M11 3FF.

RFL (Governing Body) Limited is the smallest and largest group into which these financial statements are consolidated, and these group accounts can be obtained from Companies House.

8.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified.

In their report, the auditors emphasised the following matter without qualifying their report:

The auditor drew attention to note 2.2 of the financial statements which explains that the financial statements have been prepared on a basis other than going concern, as the company has ceased trading and has net liabilities.

The auditor concluded that the directors' use of a basis other than going concern was appropriate in the circumstances. The auditor's opinion was not modified in respect of this matter.

The audit report was signed on 26 June 2026 by John Glover (Senior Statutory Auditor) on behalf of Hurst Accountants Limited.

Page 5