Registered number: 04534141 Charity number: 1095798
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION
(A company limited by guarantee)
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION (A company limited by guarantee)
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the charity, its trustees and advisers | 1 |
| Trustees' report | 2 - 5 |
| Independent examiner's report | 6 - 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 - 16 |
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION (A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
Trustees
F Batchelor (resigned 24 June 2023) K Gee C Lowe N Orton G Simpson D Winter
Company registered number
04534141
Charity registered number
1095798
Registered office
Rugby House 200 Whitton Road Twickenham Middlesex TW2 7BA
Accountants
Nyman Libson Paul LLP 124 Finchley Road London NW3 5JS
Bankers
Barclays Bank Plc 2 - 4 Birley Street Blackpool FY1 1DU
Page 1
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION (A company limited by guarantee)
TRUSTEES' REPORT
The Trustees present their annual report together with the financial statements of the company for the 1 July 2022 to 30 June 2023. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives and Activities
a. Policies and objectives
The charity's objectives are to administer, foster, encourage, extend and control the game of Rugby Football Union for the moral, mental and physical development of all pupils attending schools within England. The policies adopted in furtherance of these objects are listed below, and there has been no change in these during the year.
To encourage and unite, endeavour to promote and development the Game, including (but not limited to) the coaching thereof in schools within England;
To safeguard correct coaching and traditions;
To act as the Schools Section of the Rugby Football Union (RFU) and to be a National Constituent Body of the RFU;
To ensure that the Game is played in accordance with the Laws of the Game and is administered in accordance with the Rules and Regulations of the RFU and the Regulations of the World Rugby Board;
To administer National Competitions;
Generally to bring to bear in every way possible the full beneficial influence of the Union in matters appertaining to the playing of Game in every type of school whilst leaving individual schools, District Unions and County Schools' Union to pursue their own domestic match programmes.
The charity has undertaken its objectives during the current financial year.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
Achievements and performance
a. Main achievements of the Charity
The Union has continued effectively to manage both its business affairs and its relationships with all stakeholders.
Page 2
TRUSTEES' REPORT (continued)
We have continued to adapt and develop our management structures and governance procedures to ensure that we are better able at all levels to work alongside our RFU partners in pursuit of our common objectives, the recruitment, development and retention of players, coaches, referees and volunteer administrators ultimately to strengthen our clubs and the communities around them.
With the increased concerns around player safety, we have continued to promote the modified contact and noncontact formats of the game.
We have continued to engage with our member schools through several webinars as well as running our Age Grade Rugby Development Days, focusing on the England Rugby Secondary Schools Course as well as women only courses.
At the end of the season, we returned to an in person AGM followed by an awards evening.
Financial review
a. Going concern
The charitable company meets its day to day working capital requirements through its own funds. Funding from rugby's governing body, the Rugby Football Union, was cut during the current year and limited funding of £21,000 is anticipated for the year to 30 June 2024. The Trustees have reviewed charitable expenditure and activities and have made the necessary changes to adapt to the reduction in funding. The RFU's funding of the charity is anticipated to continue at the current funding, with specific additional funding based on RWC 2025.
After reviewing the charitable company's forecasts and projections, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The Trustees therefore continue to adopt the going concern basis in preparing the company's financial statements.
b. Reserves policy
The Trustees have examined the charity's requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed held by the charity should at least be 12 months of the expenditure.
The reserves are needed to meet the working capital requirements of the charity, and the Trustees are confident that at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding.
c. Review of financial performance and position
During the year to 30 June 2023 incoming resources increased to £28,152 (2022: £11,626) and expenditure on charitable activities increased to £56,279 (2022: £53,667). As a result, net incoming resources were a deficit of £28,127 (2022: £42,041). At the reporting date the charitable company had cash at bank and in hand of £197,644 (2022: £222,934) equal to approximately 42 months of expenditure at current expenditure levels. Unrestricted funds decreased to £189,822 (2022: £217,949) equal to approximately 40 months of expenditure at current expenditure levels.
The Trustees are satisfied with the performance of the charitable company during the year but continue to strive for expenditure savings, particularly travel and room hire costs for meetings.
Page 3
TRUSTEES' REPORT (continued)
d. Principal risks and uncertainties
With the RFU's income stream recovering from the effects of COVID-19, reduction in funding of all their Constituent Bodies continued during season 2023-2024.
Structure, governance and management
a. Constitution
England Rugby Football Schools' Union is a charitable company limited by guarantee, incorporated on 12 September 2002 and registered as a charity on 4 February 2003. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. The company is constituted under a Trust deed dated 12/09/2002 and is a registered charity number 1095798.
b. Method of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.
c. Organisational structure and decision-making policies
Under the requirements of the Memorandum and Articles the members of the Management Committee are elected to serve for a period of three years after which they must be re-elected at the next Annual General Meeting.
All the members of the Management Committee give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed are set out within the notes to the financial statements.
None of the Trustees have any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute up to £10 in the event of a winding up.
Subject to the provisions of the Articles of Association, the Trustees may regulate their proceedings as they see fit. The Trustees have established and delegated their functions to the Committee consisting of:
1. The Trustees; and
- one representative elected by each of the twenty eight County Schools' Unions.
With the express provison that all acts and proceedings of the Committee shall be fully and promptly reported to the Trustees.
With the exception of transactions with the RFU, the charity has not undertaken any related party transactions during the year.
The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
There have been no changes in the objectives since the last annual report.
Page 4
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION (A company limited by guarantee)
TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 30 JUNE 2023
Trustees' responsibilities statement
The Trustees (who are also directors of England Rugby Football Schools' Union for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the Charity for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees, on 7 June 2024 and signed on their behalf by:
M Lowe Trustee
Page 5
INDEPENDENT EXAMINER'S REPORT
Independent Examiner's Report to the Trustees of England Rugby Football Schools' Union (the 'company')
I report to the charity Trustees on my examination of the accounts of the company for the year ended 30 June 2023.
This report is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.
Responsibilities and Basis of Report
As the Trustees of the company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
Page 6
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION (A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT (continued) FOR THE YEAR ENDED 30 JUNE 2023
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Dated: 7 June 2024
Paul Taiano FCA
Nyman Libson Paul LLP
124 Finchley Road London NW3 5JS
Page 7
(A company limited by guarantee)
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2023
| Note Income from: Donations and legacies 2 Charitable activities 3 Investments 4 Total income Expenditure on: Charitable activities Total expenditure 7 Net expenditure before other recognised gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2023 £ 23,392 - 4,760 28,152 56,279 56,279 (28,127) (28,127) 217,949 189,822 |
Total funds 2023 £ 23,392 - 4,760 28,152 56,279 56,279 (28,127) (28,127) 217,949 189,822 |
Total funds 2022 £ 18,685 (8,975) 1,916 |
|---|---|---|---|
| 11,626 | |||
| 53,667 | |||
| 53,667 | |||
| (42,041) (42,041) 259,990 |
|||
| 217,949 |
The notes on pages 10 to 16 form part of these financial statements.
Page 8
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION
(A company limited by guarantee) REGISTERED NUMBER: 04534141
BALANCE SHEET AS AT 30 JUNE 2023
| Note Fixed assets Tangible assets 10 Current assets Debtors 11 Cash at bank and in hand Creditors:amounts falling due within one year 12 Net current assets Net assets Charity Funds Unrestricted funds 13 Total funds |
£ - 197,644 197,644 (7,824) |
2023 £ 2 189,820 189,822 189,822 189,822 |
£ 330 224,019 224,349 (7,200) |
2022 £ 800 217,149 |
|---|---|---|---|---|
| 217,949 | ||||
| 217,949 | ||||
| 217,949 |
The Charities financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The Trustees consider that the Charity is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the Charity to obtain an audit for the year in question in accordance with section 476 of the Act.
The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements were approved and authorised for issue by the Trustees on 7 June 2024 and signed on their behalf, by:
M Lowe, Trustee
The notes on pages 10 to 16 form part of these financial statements.
Page 9
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
1. Accounting Policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
England Rugby Football Schools' Union meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
1.2 Company status
The charitable company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £10 per member of the company.
1.3 Income
All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Contributions receivable from Rugby Football Union and Rugby Football Development Limited are recognised in the academic period to which they relate.
1.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Costs of generating funds comprise those costs incurred by the charity in the delivery of its activities and services for beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Expenditure on charitable activities include those costs incurred in the furtherance and delivery of the charitable company's objectives.
Governance costs are those costs incurred in relation to meeting the long term strategic objectives of the charitable company and dealing with constitutional and statutory compliance requirements.
Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project management carried out at Headquarters.
Charitable activities and Governance costs are costs incurred on the company's operations, including support costs and costs relating to the governance of the company apportioned to charitable activities.
All expenditure is inclusive of irrecoverable VAT.
Page 10
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
1. Accounting Policies (continued)
1.5 Tangible fixed assets and depreciation
Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the statement of financial activities incorporating income and expenditure account.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer equipment
33% Straight line
1.6 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the Bank.
1.7 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.8 Cash at Bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1.9 Liabilities and provisions
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. .
1.10 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Page 11
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
1. Accounting Policies (continued)
1.11 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.
2. Income from donations and legacies
| Income from donations and legacies | |||
|---|---|---|---|
| Donations Total 2022 |
Unrestricted funds 2023 £ 23,392 18,685 |
Total funds 2023 £ 23,392 18,685 |
Total funds 2022 £ 18,685 |
3. Income from charitable activities
| Income from charitable activities | |||
|---|---|---|---|
| County subscriptions Total 2022 |
Unrestricted funds 2023 £ - (8,975) |
Total funds 2023 £ - (8,975) |
Total funds 2022 £ (8,975) |
4. Investment income
| Interest receivable Total 2022 |
Unrestricted funds 2023 £ 4,760 1,916 |
Total funds 2023 £ 4,760 1,916 |
Total funds 2022 £ 1,916 |
|---|---|---|---|
Page 12
(A company limited by guarantee)
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
5. Analysis of direct costs
| School Days Travel and subsistence Development Awards and recognition Player growth and retention Total 2022 |
Activities £ 14,875 2,617 10,152 7,352 12,347 47,343 48,076 |
Total 2023 £ 14,875 2,617 10,152 7,352 12,347 47,343 48,076 |
Total 2022 £ 16,585 777 18,107 12,607 - 48,076 |
|---|---|---|---|
6. Analysis of support costs
| Travel and subsistence Meeting room hire and expenditure Miscellaneous Bank charges Depreciation Independent examination Total 2022 Analysis of Expenditure by activities Charitable activities Total 2022 |
Activities £ 2,938 1,120 313 27 798 3,740 8,936 5,591 Other costs 2023 £ 56,279 53,667 |
Total 2023 £ 2,938 1,120 313 27 798 3,740 8,936 5,591 Total 2023 £ 56,279 53,667 |
Total 2022 £ 221 87 57 61 1,565 3,600 5,591 |
|
|---|---|---|---|---|
| Total 2022 £ 53,667 |
||||
7. Analysis of Expenditure by activities
Page 13
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
8. Net income/(expenditure)
This is stated after charging:
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Depreciation of tangible fixed assets: | ||
| - owned by the charity | 798 | 1,565 |
During the year, no Trustees received any remuneration or benefits (2022 - £NIL). During the year reimbursement of expenses totalling £5,591 (2022 - £893) was made to the Trustees.
9. Independent examiner's remuneration
The Independent Examiner's remuneration amounts to an Independent Examination fee of £2,400 (2022 - £2,400), and accountancy fees of £1,200 (2022 - £1,200) with all amounts inclusive of irrecoverable VAT.
10. Tangible fixed assets
| Cost At 1 July 2022 and 30 June 2023 Depreciation At 1 July 2022 Charge for the year At 30 June 2023 Net book value At 30 June 2023 At 30 June 2022 Debtors 2023 £ Other debtors - |
Computer equipment £ 4,695 |
|---|---|
| 3,895 798 |
|
| 4,693 | |
| 2 | |
| 800 | |
| 2022 £ 330 |
11. Debtors
Page 14
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
12. Creditors: Amounts falling due within one year
| Other creditors Accruals and deferred income |
2023 £ 624 7,200 7,824 |
2022 £ - 7,200 |
|---|---|---|
| 7,200 |
13. Statement of funds
Statement of funds - current year
| Balance at 1 July 2022 £ Unrestricted funds General Funds 217,949 Statement of funds - prior year Balance at 1 July 2021 £ General Funds 259,990 Total of funds 259,990 Summary of funds - current year Balance at 1 July 2022 £ General funds 217,949 |
Income £ 28,152 Income £ 11,626 11,626 Income £ 28,152 |
Expenditure £ (56,279) Expenditure £ (53,667) (53,667) Expenditure £ (56,279) |
Balance at 30 June 2023 £ 189,822 |
|---|---|---|---|
| Balance at 30 June 2022 £ 217,949 |
|||
| 217,949 | |||
| Balance at 30 June 2023 £ 189,822 |
Page 15
ENGLAND RUGBY FOOTBALL SCHOOLS' UNION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
13. Statement of funds (continued)
Summary of funds - prior year
| Balance at | ||||
|---|---|---|---|---|
| Balance at | 30 June | |||
| 1 July 2021 | Income | Expenditure | 2022 | |
| £ | £ | £ | £ | |
| General funds | 259,990 | 11,626 | (53,667) | 217,949 |
14. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Tangible fixed assets Current assets Creditors due within one year Analysis of net assets between funds - prior year Tangible fixed assets Current assets Creditors due within one year |
Unrestricted funds 2023 £ 2 197,644 (7,824) 189,822 Unrestricted funds 2022 £ 800 224,349 (7,200) 217,949 |
Total funds 2023 £ 2 197,644 (7,824) 189,822 Total funds 2022 £ 800 224,349 (7,200) 217,949 |
|---|---|---|
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