Company No: 15132554 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	E M Goodman
	M J Gulley
	T V Newstead
	DJ Park
	P Tearle

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

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

COMPANY NUMBER

15132554 (England and Wales)

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

	Note	2026		2025
		£		£
Current assets
Stocks		25,274		21,046
Debtors	3	436		24,508
Cash at bank and in hand		77,298		49,291
		103,008		94,845
Creditors: amounts falling due within one year	4	( 103,007)		( 94,844)
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
Total shareholder's funds		1		1

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 member has 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 Commercial Limited (registered number: 15132554) 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 Commercial 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, EX1 1NT, United Kingdom. The principal place of business is Ground and Clubhouse, The Blagdon Ground, Exhibition Way, Crediton, Devon, EX17 1EP.

The financial statements have been prepared under the historical cost convention, modified to include 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

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

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.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

3. Debtors

	2026		2025
	£		£
Trade debtors	436		7,745
Prepayments	0		4,902
VAT recoverable	0		11,861
	436		24,508

4. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	3,822		4,690
Amounts owed to Group undertakings	32,863		15,479
Other taxation and social security	1,348		0
Other creditors	64,974		74,675
	103,007		94,844

5. Related party transactions

Crediton Rugby Football Club Commercial Limited is a wholly owned subsidiary of Crediton Rugby Football Club Limited. Its purpose is to provide the club's commercial operations.

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 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 annual amount of £23,150 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 which will be paid to Crediton Rugby Football Club Limited on or before 31 January 2027.