Workington Town Rugby League Football Club Limited 31/12/2025 iXBRL

Company registration number: 00392186

Workington Town Rugby League

Football Club Limited

Unaudited filleted financial statements

For the year ended

31 December 2025

Workington Town Rugby League Football Club Limited

Contents

Statement of financial position

Notes to the financial statements

Workington Town Rugby League Football Club Limited

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	3	177,136		179,529
		________		________
			177,136		179,529

Current assets
Stocks		9,132		7,167
Debtors	4	12,832		51,875
Cash at bank and in hand		33,395		30,077
		________		________
		55,359		89,119
Creditors: amounts falling due
within one year	5	( 38,829)		( 57,796)
		________		________
Net current assets			16,530		31,323
			________		________
Total assets less current liabilities			193,666		210,852

Creditors: amounts falling due
after more than one year	6		( 23,742)		( 29,445)
			________		________
Net assets			169,924		181,407
			________		________

Capital and reserves
Called up share capital			480,820		480,820
Revaluation reserve			175,000		175,000
Profit and loss account			( 485,896)		( 474,413)
			________		________
Shareholders funds			169,924		181,407
			________		________

For the year ending 31 December 2025 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 year in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 15 September 2026 , and are signed on behalf of the board by:

Mr G W J Peers

Director

Company registration number: 00392186

Workington Town Rugby League Football Club Limited

Notes to the financial statements

Year ended 31 December 2025

1. Accounting policies

General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Derwent Park Stadium, Workington, Cumbria, CA14 2HG.

Basis of preparation

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and have also been consistently applied with the financial statements.The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. It includes the relevant proportion of contract values where work is partially performed in the period.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	Written off over 3 to 5 years
Motor vehicles	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for fixed asset investments which are measured at fair value, with changes recognised in the fair value reserve.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

Deferred taxation

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

2. Employee numbers

The average number of persons employed by the company during the year amounted to 44 (2024: 48 ).

3. Tangible assets

	Leasehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 January 2025	175,000	1,667	60,255	2,850	239,772
Additions	-	-	455	-	455
Disposals	-	-	-	( 2,850)	( 2,850)
	________	________	________	________	________
At 31 December 2025	175,000	1,667	60,710	-	237,377
	________	________	________	________	________
Depreciation
At 1 January 2025	-	667	58,150	1,425	60,242
Charge for the year	-	333	1,091	-	1,424
Disposals	-	-	-	( 1,425)	( 1,425)
	________	________	________	________	________
At 31 December 2025	-	1,000	59,241	-	60,241
	________	________	________	________	________
Carrying amount
At 31 December 2025	175,000	667	1,469	-	177,136
	________	________	________	________	________
At 31 December 2024	175,000	1,000	2,105	1,425	179,530
	________	________	________	________	________

Tangible assets held at valuation

The fair value of the company's long leasehold land and buildings has been valued by the director's as at 31 December 2025.The basis of the valuation is what may be considered to be a fair surrender value of the lease.Had this class of asset been measured on a historical cost basis, the carrying amount would have been £nil (2024: £nil).

4. Debtors

	2025	2024
	£	£
Trade debtors	10,620	5,197
Other debtors	2,212	46,678
	________	________
	12,832	51,875
	________	________

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans	6,228	6,228
Trade creditors	7,234	16,933
Taxation and social security	16,454	15,870
Other creditors	8,913	18,765
	________	________
	38,829	57,796
	________	________

6. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans	23,742	29,445
	________	________