Company No: 08354020 (England and Wales)

Contents

• Company Information
• Chairman's Report
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	P Coupe
	J A Foan
	E M Goodman
	M J Gulley
	J P Harris
	S L Keast
	A J Knox
	TVS Newstead
	D J Park
	T G Sanders (Appointed 13 October 2025)
	P Tearle
	E W Trick
	E J Yeandle

SECRETARY

J A Foan

REGISTERED OFFICE	Ground Floor Keble House
	Southernhay Gardens
	Exeter
	Devon
	England
	EX1 1NT
	United Kingdom

BUSINESS ADDRESS	Ground and Clubhouse
	The Blagdon Ground
	Exhibition Way
	Crediton
	Devon
	EX17 1EP

COMPANY NUMBER

08354020 (England and Wales)

ACCOUNTANT	Gravita Western Limited
	Keble House
	Southernhay Gardens
	Exeter
	EX1 1NT
	United Kingdom

It has been a privilege to complete my first full season as Chairman of Crediton Rugby Football Club. Looking back over the past twelve months, there is much to be proud of. While success is often measured by league tables and silverware, what continues to impress me most is the strength of our club as a whole. From our youngest mini and junior players through to our senior teams, veterans and walking rugby, Crediton RFC continues to provide opportunities for people of all ages and abilities to enjoy our great game.

Our First XV enjoyed an excellent campaign in another highly competitive Regional 2 South West league. After a challenging start to the season, the squad gathered momentum, producing some outstanding performances to finish fifth in the table and secure a place in the Regional 1 promotion play offs. Although the play off against Tiverton ultimately proved a step too far, reaching that stage was a fantastic achievement and provides a strong platform on which to build next season.

The Second XV faced a difficult season following promotion to Counties 2 Devon. The increased standard of competition, coupled with the demands of supporting the First XV throughout the season, meant results were sometimes hard to come by. However, the squad showed tremendous resilience and commitment throughout the campaign, retaining their place in the division whilst continuing to provide an important stepping stone for players progressing through the club.

The Third XV once again demonstrated why they are such an important asset to Crediton RFC. Finishing third in the Devon Merit Table only tells part of the story. Throughout the season the Third XV fulfilled additional fixtures outside of the league, providing valuable playing opportunities for veterans, colts stepping into senior rugby and players returning from injury or developing their game. Their flexibility and willingness to represent the club whenever called upon make them an invaluable part of our senior playing structure and an essential link in our player pathway.

Our Women's XV continued to strengthen both on and off the field, finishing fifth in Women's NC1 South West (West). The squad produced some excellent performances throughout the season and continues to foster a fantastic team spirit and culture. The continued growth of women's rugby at Crediton remains an important part of the club's future and we look forward to seeing the section continue to flourish.

Our Colts enjoyed another outstanding season, reaching the Devon Cup semi finals and continuing to demonstrate why they are such an important part of the club. While success on the pitch is always welcome, the true measure of the Colts programme is the development of players into senior rugby, and this season was a tremendous success in that respect. An impressive eleven players made their senior debuts across the club, underlining the strength of our player pathway. One of the season's standout moments came when Ollie Harris marked his First XV debut by scoring a try in front of his proud
father and Club Director, Jay Harris. Fellow Colt Charlie Cookson also enjoyed an outstanding first season in senior rugby, finishing as the First XV's leading try scorer. The representative honours earned by our players were equally impressive, with players selected to represent Devon at Under 17 and Under 18 level, while Solomon Plowman went one step further by earning selection for the South West Under 18s. These achievements are a credit to the players, coaches and everyone involved in developing our young talent and demonstrate the strength of the pathway from our Junior and Colts
sections into senior rugby.

Unfortunately, the Veterans endured a disappointing season, with player availability making it difficult to fulfil fixtures and ultimately resulting in only one match being played. While frustrating, this has prompted wider discussions around the future format of veterans rugby across Devon. We look forward to seeing how this develops and hope to see the section return stronger in the seasons ahead.

Our Walking Rugby section continues to establish itself as an important part of the club, providing an opportunity for people of all ages and abilities to enjoy rugby in a fun, social and inclusive environment. It perfectly reflects our ambition to ensure that Crediton RFC truly is a club for everyone.

The Junior Section remains the heartbeat of Crediton RFC and one of our greatest strengths. The continued growth in participation across both boys' and girls' rugby is testament to the dedication of our coaches, volunteers and parents, all of whom freely give their time to develop the next generation of players. There were many highlights throughout the season, including the Under 15s proudly hosting the Devon Festival, welcoming almost thirty teams to Crediton before reaching the Plate Final. Our Under 16s enjoyed trophy success, while the Under 14s reached the final of a highly competitive
Sevens tournament. Alongside these team achievements, a number of players earned representative honours through the Devon pathway and academy system, demonstrating the quality of coaching and player development taking place throughout the club.

None of these achievements would be possible without the incredible commitment of our volunteers. Whether coaching, refereeing, maintaining our pitches, serving behind the bar, organising events, helping in the kitchen or giving up countless hours behind the scenes, our volunteers are the lifeblood of Crediton RFC. On behalf of everyone associated with the club, I would like to extend my sincere thanks for everything you do.

I would also like to thank our sponsors and supporters for their continued generosity. Their investment allows us to provide rugby for hundreds of people each week and continues to play a vital role in the success and sustainability of our club.

Away from the playing field, perhaps the most significant development during the year has been the continued progress towards our future home at Creedy Bridge. After many years of planning and hard work, the project has now moved from aspiration to delivery. Construction of the club's first grass pitch is due to commence during the summer, supported by substantial funding from the Football Foundation and the RFU, marking another major milestone in the club's long term development. While there remains much work ahead before the full relocation is realised, this is a hugely exciting step forward and one that will benefit generations of Crediton rugby players to come.

Finally, I would like to thank the Directors, committee members and everyone who has supported me during my first season as Chairman. It has been an honour to lead such a fantastic club and I am continually inspired by the dedication, passion and community spirit shown by so many people.

Crediton RFC has enjoyed another successful year, but more importantly it continues to evolve and grow. Whether measured by the number of young players coming through our ranks, the strength of our senior teams, the dedication of our volunteers or the exciting progress at Creedy Bridge, the future of our club has never looked brighter. I look forward to continuing that journey together and thank everyone for the part they play in making Crediton RFC the special club it is.

Chris Baker
Chairman

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	682,433		624,463
Investments	4	1		1
		682,434		624,464
Current assets
Debtors	5	99,009		95,187
Cash at bank and in hand		115,635		149,507
		214,644		244,694
Creditors: amounts falling due within one year	6	( 52,633)		( 69,819)
Net current assets		162,011		174,875
Total assets less current liabilities		844,445		799,339
Net assets		844,445		799,339
Capital and reserves
Called-up share capital		0		0
Profit and loss account		844,445		799,339
Total shareholders' funds		844,445		799,339

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Crediton Rugby Football Club Limited (registered number: 08354020) were approved and authorised for issue by the Board of Directors on 10 September 2026. They were signed on its behalf by:

E M Goodman Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Crediton Rugby Football Club Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor Keble House, Southernhay Gardens, Exeter, Devon, EX1 1NT United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover represents amounts chargeable in respect of fees and subscriptions by the rugby clubs members.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	1 % reducing balance
Plant and machinery	15 % reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Non government grants

Grants received from the RFU are included in the financial statements using the Accrual model. Grants relating to revenue are recognised in income on a systematic basis over the period in which the entity recognises the related costs for which the grant is intended to compensate.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	15		26

3. Tangible assets

	Land and buildings		Plant and machinery		Total
	£		£		£
Cost
At 01 May 2025	602,945		116,942		719,887
Additions	48,056		28,731		76,787
	0		0		0
At 30 April 2026	651,001		145,673		796,674
Accumulated depreciation
At 01 May 2025	19,256		76,168		95,424
Charge for the financial year	11,486		7,331		18,817
At 30 April 2026	30,742		83,499		114,241
Net book value
At 30 April 2026	620,259		62,174		682,433
At 30 April 2025	583,689		40,774		624,463

4. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 May 2025	1		1
At 30 April 2026	1		1
Carrying value at 30 April 2026	1		1
Carrying value at 30 April 2025	1		1

5. Debtors

	2026		2025
	£		£
Trade debtors	0		( 30)
Amounts owed by Group undertakings	32,863		15,479
Other debtors	66,146		79,738
	99,009		95,187

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	3,780		10,143
Accruals and deferred income	12,810		5,292
Other taxation and social security	10,194		28,481
Other creditors	25,849		25,903
	52,633		69,819

7. Related party transactions

With effect from 1 May 2024 the club's commercial activities have been operated through Crediton Rugby Football Club Commercial Limited which is a wholly owned subsidiary of Crediton Rugby Football Club Limited.

During the year, Crediton Rugby Football Club Commercial Limited has advanced various informal loans to Crediton Rugby Football Club Limited to support that entity's working capital requirements.

At the balance sheet date, the outstanding loan balance amounted to £32,863. The loan is interest free and repayable on demand.

Management charges amounting to £13,048 (2025: £12,841) have been charged by Crediton Rugby Football Club Limited to Crediton Rugby Football Club Commercial Ltd representing 5% of the annual commercial income.

Crediton Rugby Football Club Commercial Limited is contracted to pay an amount of £23,150 (2025: £12,698) to Crediton Rugby Football Club Limited under the terms of a legally binding resource sharing agreement between the two entities.

Crediton Rugby Football Club Commercial Limited has pledged to make a charitable donation of £60,675 (2025: £71,330) which will be paid to Crediton Rugby Football Club Limited on or before 31 January 2027.