Nottingham Rugby Football Club (Operations) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03494417

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,500		-

			7,500		-
CURRENT ASSETS
Stocks	5	2,500		11,906
Debtors	6	18,636		24,972
Cash at bank and in hand		20,760		38,276

		41,896		75,154
Creditors: Amounts Falling Due Within One Year	7	(401,472 )		(426,230 )

NET CURRENT ASSETS (LIABILITIES)			(359,576 )		(351,076 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(352,076 )		(351,076 )

Creditors: Amounts Falling Due After More Than One Year	8		(2,162,405 )		(1,794,494 )

NET LIABILITIES			(2,514,481 )		(2,145,570 )

CAPITAL AND RESERVES
Called up share capital	9		2,199,000		2,199,000
Profit and Loss Account			(4,713,481 )		(4,344,570 )

SHAREHOLDERS' FUNDS			(2,514,481)		(2,145,570)

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Nottingham Rugby Football Club (Operations) Limited

Balance Sheet (continued)

As At 30 June 2026

For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Alistair Bow

Director

28 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Nottingham Rugby Football Club (Operations) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03494417 . The registered office is Pennine House, 8 Stanford Street, Nottingham, NG1 7BQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate as a result of a commitment on behalf of the Chairman Alistair Bow to ensure that there are sufficient funds to continue to trade at least through to the end of Season 2027/28 ending 30 June 2028.

Additionally the company has a COVID loan from DCMS with payments of capital and interest due to commence in September 2025. The company has subsequently come to a formal arrangement with DCMS and payments commenced to them from 30 September 2025 in line with the formal agreement with Sport England on behalf of DCMS.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10 Years Straight Line
Plant & Machinery	5 Years Straight Line
Motor Vehicles	4 Years Straight Line
Fixtures & Fittings	5 Years Straight Line
Computer Equipment	2 Years Straight Line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 60 (2025: 60)

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Nottingham Rugby Football Club (Operations) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

4. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 July 2025	173,131	-	8,344	181,475
Additions	-	10,000	-	10,000

As at 30 June 2026	173,131	10,000	8,344	191,475

Depreciation
As at 1 July 2025	173,131	-	8,344	181,475
Provided during the period	-	2,500	-	2,500

As at 30 June 2026	173,131	2,500	8,344	183,975

Net Book Value
As at 30 June 2026	-	7,500	-	7,500

As at 1 July 2025	-	-	-	-

5. Stocks

	2026	2025
	£	£
Stock	2,500	11,906

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	16,086	21,911
Prepayments and accrued income	-	511
Other debtors	2,550	2,550

	18,636	24,972

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	42,216	102,029
Bank loans and overdrafts	-	8,801
Other loans	-	40,000
Other taxes and social security	17,264	14,919
VAT	49,279	27,373
Pension Contributions	2,225	-
Accruals and deferred income	290,488	233,108

	401,472	426,230

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Nottingham Rugby Football Club (Operations) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Trade creditors	199,869	204,869
Other creditors	1,175,079	802,168
Sport England - Winter Support Package Loan	787,457	787,457

	2,162,405	1,794,494

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2,199,000	2,199,000

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