Rugby Football Foundation
Registered number.. 04608134
Annual Report and Financial Statements"
For the Year Ended 30 June 2025
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RUGBY FOOTBALL FOUNDATION
COMPANY INFORMATION
Trustees
S K Williams (resigned 7 April 2025)
K L Marlor
R J H Clarke
S Mazumder
J P Heatherington
F Pierce (appointed 29 April 2025)
Company registered number
04608134
Charity registered number
1100277
Registered office
Rugby House
Allianz Stadium
200 Whrtton Road
Twi¢kenham
Middlesex
27BA
Company secretary
C R Skarfe Irestgned 4 November 2024)
A Bujalski (appointed 4 November 2024>
Independent auditor
BDO LLP
55 Baker Street
London
W1U 7EU

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RUGBY FOOTBALL FOUNDATION
Page
CONTENTS
rrustees. Report
4-11
Statement of Trustees. Responslbllitles In Respect of the
Financial Statements
12
Independent Auditor's Report
14-16
statement of Financial Activities
17-18
Balance Sheet
19
Notes to the Financial Statements
20-30

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RUGBY FOOTBALL FOUNDATION
TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025
Introduction
The trustees, who are also the directors for the purFK)ses of company law, submit their report and the financial
statements of the Rugby Football Foundation for the year ended 30 June 2025.
Structure. Governance and Management
Incorporation
The Rugby Football Foundation {RFF). a company limited by guarantee. (No.04608134) was incorporated
on 4 December 2002 by a Memorandum and Articles of Association and is a registered charity (No. 1100277).
The regislered office of the charity is:
Rugby House
Allianz Stadium
200 Whitton Road
Twickenham
Middlesex
TW2 78A
Trustees
In accordance with the memorandum and articles. one third of the trustees are required to retire by rotation,
deterrnined by how long they have been in Offi￿ since their last appointment or reappointment. If no trustee
agrees to resign. the longest serving trustees are pul foNard for retirement. If the Rugby Football Union
IRFUI does not fill the vacancy, the retiring trustee shall. if willing to act. be deemed reappointed. unless the
RFU decides not to fill the vacancy or not to reappoint the trustee.
The appointment of trustees is determined by the RFU Board of Directors. Trustees are appointed on the
basis of the expertise that they can bring to the charity. An induction for new Irustees is providefj wilh
access lo previous trustee papers and an oveNiew of the Chanty and rts operations. The induction is led by
the Company Secretary team who guide the new trustee through the structure of the support, key
objectives of the charities and current projects being undertaken by the charty. On-going training is
provided to trustees throughout the year by the Charity as part of their role of being a trustee.
The trustees who have serwed during the year and to the date of this report were".
S K Williams (resigned 7 April 2025)
K L Marlor
R J H Clarke
S Mazumder
J P Heatherington
F Pierce {appointed 29 April 2025)
Any decision which materially affects the operation of the chanty. and its 0￿"eCtiveS ￿ determined by trustees,
majorty vote.
The Trustees delegate the day-to-day management of the Foundation to Steve Grainger (Rugby
Development Director, Rugby Football Development Limited (RFDL)). The Foundation does not have any
ernployees, and no employee costs are recharged from the RFU or RFDL for the ad hoc support by their
employees on working for the Foundation, rt is not possible to quantify this support.

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RUGBY FOOTBALL FOUNDATION
TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025 (continued)
Objects and A¢tivitles of the Foundation
The objects of the Foundation are for the benefit of the PU￿1¢ to:
promote communty parti¢ipalion in healthy recreation by providing facilities for playing rugby union
football and other sports {faciSities means land. trtjildings, equipment and organising sporting activities).
provide and assist in providing facilities for sport. recreation or other leisure time of such persons who
have need for such facilities by reason of their youth. age, infirmity or disablement, poverty or social and
econofflic circumslances or for the public at large in the interests of social welfare and with the object of
improving their conditions of lrfe..
advan￿ the education of children and young people thffough such means as the trustees think fit in
accordance with the law of charity.. and
advance the educalion of the public in the history and development of rugby football and its anle¢edent.
through providing curation advice to the Worfd RLJgby Museum.
The Foundation 15 a public benefit entty. the Twstees have considered the guidance on public benefit and
confirm that they have complied wrth their dLty.
Powers
To further its objects the Foundation may:
undertake programmes for the development of amateur s[￿rt.
provide grants and loans for capital improvements to stadiums and grounds of communty amateur
sport5 clubs, charitable sports clubs and other bodies-
provide and assist in the provision of money, matenals or other help;
organise and assist in the provision of ￿nferen￿, ￿urSe$ of instruction, exhibitions, lectures arKI
other educational activities.. and
publish books, pamphlets, reports. leaflets. journals. films. and instructional matter., and promote,
encourage, carry out or commission research. surveys, studies or other work. making the useful results
available.
Annual Review
Communlty Rugby Programme
One of the RFU'S Strategic Priorities is to enrich INes by introducifvJ more people to rugby union and
developing the sport for future generations.
During the prior year, the Foundation signed an agreement Wtth the RFU. whereby the RFU grant5 a set
amount each year to fvnd communty work to further the charitable purposes of the Foundation. as set out in
the objects above. The agreement was signed in July 2024 and adjusted later on in the year once a better
understanding on the abilrty to deliver the Communrty work wth the grant for the year being £ 24.100.000
(2024.. £24,516,000).

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RUGBY FOOTBALL FOUNDATION
TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025 (continued)
The Foundation's charttable objects include pr01r￿ting communty participalion in rugby for the benefit of the
public. A subsidiary of the RFU. RFDL. has the expertise and experien￿ to run a community rugby
development programme which encourages community participation. The core purpose is to "strengthen our
member dubs and to grow the game in communitses around them., Underpinning this are six key drivers..
1. Retaining & Developing Players.
2. Recruiting New Players.
3. Recruiting & Retaining High Qualty Coaches, Volunteers & Referees.
4. Effective & Efficient Faciltlies.
S. Effective & Efficient Management and Govemance.
6. Integration with the Local Communty.
Through RFDL, we began the implementation of this strategy during one of the toughest periods in rugby
union's history. We are focusing on three key areas.. helping clubs to be self-sustaining, the development of
coaches and match officials, and the Competition structure and player experience.
The Foundation contracted with RFDL for delNery of an agreed programme during the year. The agreement
was s￿ned in July 2024 and updated once it was better understood on the ability to deliver the agreed
programme. The fee for this Servi￿ was £24,100.000 {2024'. £24,516,000). The activrty ensuing from this
arrangement has given rise lo the restricted funds seen in this yearfs financial statements. The 19th year of
this programme {the programme started on 1st Juty 20051 has been a suc￿$$fUl one. with RFDL delivering
the programme within budget, in accordance wf(h the charitable obj'ects of the Foundation, and to a slandard
deemed satisfactory by the trustees. Details of expenditure is provided in the quarterly financial report sent
to Trustees. This quarterly review of expenditure allows the Trustees to analyse how the funds are being
used to grow the game.
The community game is the lrfeblood of our sport and needs simple, focused support that delivers real benefiL
including support to become ¢ommeroally innovative and seff-sustaining and campaigns and programmes
to attract new audiences to the sport.
This was the first year of delivering the four year-plan to strengthen the community game. The investment is
already yielding results.
Investment is being made to enhance the digital platfoms and streamlining processes lo reduce volunteer
workload, using a dedicated task for￿.
T1 Rugby.. the first non-contad form of the game to include lineouts. scrums. kicking, and breakdowns, while
remaining simple to play: is now active in over 1,800 schools. supported by 40 dedicated School Rugby
Managers. and adult player registration has reached 290.fXIO. Match completion rates are stabilising in men's
leagues (over 90910) and merit tables (over 70%}.
Encouragingly. overall national participation levels have retumed to prfrpandemic norms, according to Sport
England's Active Lives Survey. Youth engagement continues to grow. with 3.5m 6-17-year-olds now
identifying as passionate or casual supporters of our senior teams - up from 2.9m in 2024. Among Ltnder-
18s. interest in playing rugby sits at 39%. v￿th school rugby facilit￿S viewed posftively by 60%.

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RUGBY FOOTBALL FOUNDATION
TRUSTEES REPORT FOR THE YEAR ENOED 30 JUNE 2025 {¢ontinued)
Groundmatch and other RFF Grants and Loan Schemes
The loans are claSsif￿d as social investments- programme related investments and within that heading they
are actually concessionary loans and grants direct to clubs have moved to RFU and RFDL respectively. This
change only impacted new awards made from July 2019 and have not impacted awards made before thi5
date which have remained with the RFF.
The monitoring and managing of repayment of existing loans remains extremely efficient while being
supportive of clubs in genuine difficulty. In extreme cases restructuring is negotiated. typically by reducing
the amount or I￿qUenCY of payments to make it financially viable for the club.
World Rugby Museum
There were a number of exhibrtions in the year. these included The History of the Britlsh & Irtsh Lions and
The Evolution of the Wallabies Jersey.
Rugby United Project
Rugby United is a project established to empower communtty clubs who are seeking to make long term
cultural change in how they engage and become more accessible to their local communities. to attract
players, coaches and volunteers from Black and South Asian groups
RFU baselining research in 2021 revealed a particular gap in the population of Black and South Asian
people involved in rugby, with 4Yo of the rugby population from Ethnically Diverse community's vs circa
20% of the totsl English F)opulation.
In the year ended 30 June 2022 the RFF Twstees designated £1,000.000 of unrestricted fvnds to be spent
on the project with the aim that this would be matched by fundraising another £1.000.000 over the next four
years.
In line with Ihe wider RFU Strategy. this Project focused on young people from 14-18. (later lowered lo
include younger children. based on feedback from clubs involved).
This project focused on four strands of a¢tiwty:
Understsnd and Engage- getting to know the local communty and making initial connections.
Open Doors - Help clubs to ensure that their organisation and venues are V￿lcoM1ng and open for
use by a range of communty groups and organisations to promote local engagement.
Role Models - Targeted recruitrnent of coaches. volunteers and match officials directly from local
Communities. particularly from Black and South Asian groups. so that involvement and
representation are in all aspects of the game.
Play - Providing attractive playing opportunities for young boys and girls. The right playing offers, at
the right time in such a way that any barriers are considered and overcome, spectfically targeting
Black and South Asian 14-18-year-olds.

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RUGBY FOOTBALL FOUNDATION
TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2026 (continued
At the end of 24125, 27.175 young people have engaged with Rugby United1272% of the original 10,000
target) and 391 young people have joined a ¢lub because of Rugby Untled activity and 87 new coaches
accessed training through the project.
In terrns of locations currenty over 5300 se$sons have been delivered at schools, communty centres and
Rugby Clubs.
This was the final year ofthe first three-year ￿cle of Rugby United. and it has been a great success. Btheen
202&28, Rugby United {renamed Rugby United.. Inclusive Champions) will continue to build on the progress
and learnings from phase 1 and use to develop wider guidance for clubs, CBS and delivery partners with a
focus on three areas. engaging the communty. role models and coaches and playing opportunities and
transrtion to clubs.
Rugby United will continue to champion the value of inclusion. communf(ies and players. to ￿Ure and grow
the future of rugby clubs and the sport.
ReseNes
At the year end, the total reserves of the chanty were £9.394.532 (2024.. £9.606.867) £420.404 of this was
restricted to specific purposes12024'. £244,922), leaving £8.974.128 available for the unrestricted fund (2024-
£9,361.945). Within the Un￿sIn¢ted funds £930.859 is designated to the Rugby Unrted including the
Debenture Donation projects. The remaining balance of unrestricted funds is £8.043,269 with £66,698
needing to be held in accordance wth the minimum reserves polw. The general funds ofthe charty available
to spend at 30° June 2025 are £7,976,571.
The trustees have reviewed the level of general fvnds available and deem they are appropriate for the
Foundation. The funds are needed to cover any excess of expenditure over income, vthether due to timing
differences or lo shortlalls in fundiro.
It had been determined that the minimum level of general funds that should be held at any time must be at
least equal to a yearfs interest charge on the current balance outstanding on the RFU loan and six months,
worth of the budgeted operating expenses. Fdus the value of approved bul unpaid grants at the year end.
This policy is reviewed by a sub-committee of iwo trustees on a regular basis.
Restricted funds comprise four funds. the World Rugby Museum, the Community Rugby Prograrnme, Rugby
United and Supporting Women entering rugby. The Community Rugby Programme is for the promotion of
participation in rugby for the benefft of the ptsblic and the World Rugby Museum is for the exhibition of
historical informabon and artefacts relating to Rugby.
Rugby United Project intends to make a long-lenn cultural change in the club setting. making them more
accessible and inviting.
For the year ended 30 June 2025 income for the Wodd Rugby Museum was £468,553 and expenditure was
£468,553. The Community Rugby Programme fund has income of £24.1W.000 and expenditure of
£24,100,100.

RUGBY FOOTBALL FOUNDATION
TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025 (continued)
Investrnent polky
It is the policy of the Foundation to Pla￿ its investments in cash deposits which provide appropriate liquidity,
and which are deemed to be of low risk.
Strategic Report
A¢hievernents. PerforTnance and Financial Review
During the year the RFF received a grant of £24.100.000 (2024.. £24.516.000) from the RFU lo fund
community work that further the Charitable purposes of Ihe Foundation. The Foundation ente￿d into a
contract with Rugby Football Development Limited (RFDL) to the value of £24,100,00012024-. £24,516.000)
for RFDL to deliver that work. This included an extensive programme for the development of the communty
participation in amateur rugby including supporting grassroot clubs to improve the playing environment for
participants. improve coaching standards and dub management via it5 community rugby development
programme and ts grantslloan programme.
In shaping the objectives for the year and planning activiks. the Trustees have considered the Charity
Commission's guidance on public benefft and fee charging and given careful consideration to ensuring that
support is targeted to maximise Community participation and ensure ac￿ssIbl11ty for those on low income.
The net movement in Unrestricted fijnds was a deficit of £387.817 and in Restricted funds was a surplus of
£175,482 during the year.
With net current assets sitting at £10,621,411 on the 30 June 2025. the assets of the Foundation will be total
net assets of £9,394.532. showing a very good long-term position.
Plans for future periods
The long-tem plan 15 for the Foundation to utilise the excess funds to enter into initiabves to increase the
participation levels of rugby acros5 England e.g_ Rugby United and targeted projects to facilitate the playing
of rugby by ensuring the SUPF)Ort is there e.g. first aiders programme. encouraging referee numbers etc. The
spends will be spent down over a time in a sustainable and targeted manner to ensure maximum effect.
The trustees carefully managed in 2024125 to ensure the Foundation is in the best possible position.
Going concern
The financial statements have been prepared on a going concem basis.
The Charity's operations are seff-5UStaining in usual business Conditions, and had net assets and net current
assets as at 30 June 2025. Based on the forecast S￿narIoS prepared by the Charity, the Trustees have a
reasonable expectation Ihat the Charty will continue to operate and meet its liabilities as they fall due for the
foreseeable fulure.
The charitable activities of the Chanty are dependent on the ongoing operations of the RFU, its ultimate
parent undertaking, and until charitable activities resume to an appropriale level. the Charity is dependent on
the RFU for financial support in the fomi of non-recall of intercompany balances and certain operating
expenditure. The RFU has confirmed to the Trustees its intenlion to continue to provide funding and to not
recall intercompany balances unless the Charrty has Ihe finanual means to do so and otherwise meet its
liabilities as they fall due. Further detail can be found in note 1.3.

RUGBY FOOTBALL FOUNDATION
TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025 (continued)
Risk Management
The Trustees have carrred out a review of the charity's aclivities which sets out the risks lo which rt is exposed.
As part of this review the Tnjstees have implemented a risk management strategy which comprises..
a quarterly review ofthe risks the charity may face-
eslablishment of systems and procedures to mrtigate those risks identif￿d in the plan: and
the implementation of procedures designed to minirnise any potential impact on the charity should
those risks materialise.
The Trustees confirm that procedures are in place to manage the major risks which have been identrfied.
Rtsk
Detail
Risk type
Mitigation
Action
Govemance
Charity Commission
judges RFF
governance
insuffic￿nt.
Strategic
Governance Improvement
ha5 been implemented, this
is being monitored by RDD
and L&G Director. CFO is
Trustee.
Governance being
improved and close
relationship with RFU
Board in place due to
attendan￿ at RFF board of
RDD RFU CFO is also
Trustee of RFF.
Monitorwith mitigations
in place.
Influence
RFF'S position in
RFU Group leadsto
lack of decision
making and
Influen￿ over
strategic direction
Strategic
Monrtorwith miligation5
in place.
RFFIRFDL
Contract
RFDL not able to
fulfil responsibilities
as set out in
the contract and
there is no
alternative provider
availab￿.
OFerational
RFDL overseen by
experienced Rugby
Development director and
team minimising
likelihood. RD director also
attends RFF board so
could flag any issues earty
so that they could be
managed.
The Rugby Development
Director to continue to
Pfovide regular updates
al the RFF trustees
meeting.
People
RFF has no
dedicated staff
resour￿ and relies
on the RFU capacty
to fulfil RFU
function5. Risk that
RFU could divert all
resource to RFU
matter5.
Operational
RFU Executive staff attend
RFF board and now
overseeing operational
plan. Specifically. Company
Secretary
team making sure actions
are followed up. enhances
by RFF trustee that sits on
the RFU audtl committee.
Company Secretary
keeping an upto-date
action log with updates
being provided to the
trLJStees at meetings.
io

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RUGBY FOOT8ALL FOUNDATION
TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2025 (continued)
Delivery of
RFF
Debenture
projects rf
Gift Aid
Funding not
received
RFF runs at a deficit
that is unable to fund
the projects if the
Gift Aid is not
received - each of
the projects has now
delivered for 3 years
Strategic
RFF has substantial
reseNes of £9m+ that could
be utilised to cover the
commitment made to gfft
aid and debenture holder
projects. The cash flow is
minimal due to the amounts
owed all being wthin the
RFU group
Delivery of RFF
Debenture projects if Gift
Aid Funding not received
Grft Aid
funding being
received from
The agreed RFF
funding of
Debenture projects
delivered by the
RFU could be at risk
if the gift aid claim to
support the funding
is not accepted by
HMRC.
Operational
HMRC have further
challenged the RFF Grfl Aid
claim and have requested
further supporting
do¢umentation. EY are
supporting the claim and
discussions wrth HMRC via
subject matter experts. The
challenge from HMRC has
been aimed at debenture
holders that stsll had a right
Adive policy of
collaboration with club$ rf a
default occurs.
Gift Aid funding being
received from HMRC
HMRC
Loan defaults
due lo loss
oflreduced
capacity of
clubs due to
financial
stsbilty
Increase in incidents
of defaulting on loan
payments. Rising
cost of living means
that the operating
costs of clubs are
unsustainable
leading to fear of
closure.
Operational
Quarterly meetings
between finance and the
development team to
manage clubs that
missed payments are
unable to pay with
discussion5 on how to
assist them.
Looking at impacts and
gather insighl to provide
evidence to feed into the
lobbying of govemment-
utilities. cost of living
(inflation). impact of other
policles.
In order to mitigate and spread the risks of the Foundab'on, and, atthough generous support was received
during the year from the Rugby Footb811 Union. r( is the inlenlion of the Foundation lo continue to seek
additional alternative sour￿$ of funding in the coming year. A key element in the managemenl of financial
risk is the setting of a reserves policy and its regular review by Truslees.
Fundraising Activities
Section 162a of the Charities Act 2011 requires charities to make a slalement regarding fundraising activities.
The legislation defines fundraising as'solicrting or otherwise procuring money or other property for charitable
purposes" The Foundation does not undertake fvndraising from the general public but from time to time does
apply for grant funding from grant-awarding entiti'es. Any such amounts receivable are presented in the
financial statements as 'voluntary income, and includes legacies and grants.
In relation to the above we confirm that all solicitations are managed internally. without involvement of
commercial participators or professional fundraisers. or third parties. The day-to-day management of all
income generation is delegated to the executive team, who are accountable to the trustees. The Foundation
is not bound by any regulatory schemes.

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RUGBY FOOT8ALL FOUNDATION
STATEMENT OF TRUSTEES. RESPONSI8ILTIES IN RESPECT OF FINANCIAL STATEMENTS
The Trustees are responsible for preparing the Trustees, Report and the ￿anCIal statements in
accordance wilh applicable law and regulations.
Company law requires the Trustees to prepare finanaal statements for each financial year in accordance
with Unrted Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards
and applicable lawl. Under company law the Tru51ees must not approve the financial statements unless
they are satisfied that they give a true and fair view of the slate of affairs of the charity and of the
incoming resour￿$ and application of ￿sourCes. 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 o)nsistenty'
make judgements and accounting estimates that are ￿asonable and prudent;
state whether applicable UK Accounting Stsndards have been followed, subject to any material
departures disclosed and explaine(l in the financial statements.. and
prepa￿ the financial statements on the going concern basis Un￿$$ it is inappropriate to presume
that Ihe charty will continue in business.
The Trustees are responsible for kewng 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 ensu￿ that the financial statements Comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charrty and hen￿ for
taking feasonable steps for the prevention and detection of fraud and other irregularities.
Auditor
BDO LLP were appointed to act as auditor for the Foundation for the 2024125 year. This appointment is
reviewed annually by the board under advi￿ from the RFU.
Each of the Trustees al the date of approval of thts report confims that..
so far as the Trustees are aware. there is no re￿vant audit information of which the Foundation's
auditors are unaware.. and
the Trustees have taken all steps that they ought to have tsken as a Trustee to make th8mselves
aware of any relevant audit infomiation and to establish that the Foundation's auditors are aware
of that infomiation.
This report and the strategic ￿port was approved by the Tnjstees and signed on their behalf by:
$¥r4d￿..
K L Marlor
Date.. 30 October 2025
12

[)￿ls19ft En￿lOre IO". c¢C3374E.ECB￿1￿W￿CI14
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF RUGBY FOOTBALL FOUNDATION
Opinion on the financial statements
In our opinion, the financial statements..
give a true and fair view of the stste of the Charitable Company's affairs as at 30 June 2025 and of
its incoming resources and application of resources for the year then ended..
have been properly prepared in accordance with Unrted Kingdom Generally Accepted Accounting
Practice.. and
have been prepared in accordance wilh the reqU1￿MentS ofthe Companies Act 2006.
We have audited the financial statements of Rugby Football Foundation nhe Chariiable Compan￿) for the
year ended 30 June 2025 which comprise the Statement of Financial Actrvities induding Income and
Expenditure Account and Balance Sheet and notes lo the financial statements. including a summary of
significant accounting policies_ The financial reporting framework that ha5 treen applted in their preparation
is applicable law and Unrted Kingdom Accounting Standards. including Financial Reporting Standard 1 02
The Financial Reporting Standard applicable in the UK and Repuljlic of Ireland {United Kingdom Generally
Accepted Accounting Practice).
Basls for opinlon
We conducted our audit in accordance *ryth International Standards on Audrting (UK) (ISAS (UK)) and
applicable law. Our responsibilth.es under those standards are further described in the Auditor's
responsibilities for the audrt of the financial statements section of our report. We believe that the audit
evidence we have obtained is sufficient and appropriate to provKle a basis for our oynion.
Independence
We remain independent of the Charitable Company in accordance with the ethical requirements that are
relevant to our audit of the financial slatemenls in the UK. including the FRC'S Ethical Standard. and we have
fuifilled our other ethical responsibiltlies in accordance with these requirements.
Conclusions related to going ¢oncem
In auditing the financial statements. we have ¢onduded that the Trustees, use of Ihe going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identif*d any material uncertainties relating to events
or conditions Ihat, individually or colleth"vety. may cast signfficant doubt on the Charitable Company's abilty
to continue as a going con￿rn for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respecl to going concern are described in
the relevant sections of this report.
Other infomiation
The Trustees are responsible for the other infomiation. The other infonnation comprises the infom)ation
included in the Trustees, Report. other than the financial statements and our auditorfs report thereon. Our
opinion on the financial statements does not cover the other infomation and. except to the extent otherwise
explicitly slated in our report. we do not express any fomi of assurance condusion thereon. Our responsibilrty
is to read Ihe other information and, in doing so, consider whethef the other information is materially
inconsistent with the financial statements or our knowledge obtained in the course of the audrt. or othewise
appears to be materially misstated. If we identfy such material inconsistencies or apparent material
misslalements, we are reqUI￿d to dete￿nIne whether this gNes rise lo a material rni5Statement in the financial
ststements themsefves. If. based on the work we have perfomied. we conclude that there is a material
misstatement of thi5 Other information. we are required to rewrt that fact.
We have nothing to report in this regard.
13

other Companies Act 2006 reporting
In our opinion, based on the work undertaken in the course of the audit:
the information given in the Trustees, Report. which includes the Directors. Report and the Strategic
report prepared for the purposes of Company Law. for the financial year for which the financial
statements are prepared is consistent with the financial statements," and
the Strategic reF)Ort and the Directors, Report. which are included in the Twstees, Report, have
been prepared in accordance V￿th applicable *al requirements.
In the lighl of the knowledge and understanding of the Charitable Company and its environment obtained in
the course of the audrt. we have not ￿entIfied material misstatement in the Strategic report or the Trustees.
report.
We have nothing to report in respect of the follwng matters in relation to vthich the Companies Act 2006
requires us to report to you rf. in our opinion..
adequate accounting records have nol been kept by the charitab￿ Company or returns adequate
for our audit have not been re￿Ned from branches not visrted by us.. or
the financial statements are not in agreement the accounting records and retums., or
rtain disclosures of Directors. remuneration specified by law are not made- or
we have not recewed all the infomiation and explanations we require for our audit.
Responsibilities of Trustees
As explained more fully In the Statement of TTUStees' Responsikn"lrties. the Trustees (who are also the
directors of the char[la￿e Company for the purposes of company law) are responsible for the preparation of
the financial statements and for being satisfied that they give a true and fair view, and for such internal control
as the Trustees determine is necessary to enable the preparalion of financial statements thal are free from
material misslatement, whether due to fraud or error.
In preparing the financial statements. the Trustees are responsible for assessing the Charitable Company's
ability to continue as a going COn￿rn. disclosing. as applicable. matters related to going concern and using
the going concern basis of accounling unless the Trustees either intend lo liquidate the Charitable Company
or lo cease operations, or have no realistic atternative but lo do 50.
Auditor's responsibilities for the audit of the flnancial statements
We have been appointed as audf(or under the Companies Act 2006 and report in accordanc8 Wlth the Act
and relevanl regulats'ons made or having effect thereunder.
Our objectives are to obtain reasonable assurance aboLrt vknether the financial statements as a whole are
free from material misstatement. whether due to fraud or error. and to issue an auditor's report that includes
our opinion. Reasonable assurance is a high kvel of assurance. but is not a guarantee that an audit
Conducted in accordance with ISAS {UK) wtll a￿yS detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.
Extent to which the audit was capable of detecting irregula11t￿5. including frdud
Irregularrties, including fraud, are instances of non-compliance with laws and regulations. W6 design
procedures in line with our responsibilities, outlined above. lo detect material mis5talements in respect of
irregularities, including fraud. The extent to which our procedures are capable of delecting irregularities.
including fraud is detailed below=
14

Docu5¥Jn ID". C*C3374E.ECBW14$￿9￿78s7c
Non-Gompliance with laws and TrgulatK)ns
Based on..
Our understanding ofthe Charf(able Company and the sector in whKh rt operates.
Discussion wrth management and those Charged wth govemance".
Obtaining and understanding of the Charitable Company's polic￿$ and procedures regarding
compliance with laws and regulations-
We consi(lefed the significant laws and regulations to be the applicable accounting framework, being the
Financial Reporting Standard 102. the Charities SORP 2019. the CompanEs Act 2006, and Charity
Commission for England and Wales (Charity Commission) wulations.
The Charitable Company is also subject to laws and regulations where the consequence of n0￿Compli8n¢e
could have a material effect on the amount or disclosures in the financial statements, for example through
the irnposition of fines or litigations. We Identif￿ such laws and regulations to be relevant lax legislation. the
Bribery Acl 2010 and General Dats Protection Regulation.
Our procedures in respect of the above included:
Review of minutes of meeting of those charged with govemance for any instsnces of nonthcompliance
with laws and regulations.
Review of correspondence with regulatory and tax authorities for any instances of non-compliance
wilh laws and regulations.
Review offinancial statement disclosures and agreeing to supporting documentation.
Fraud
We assessed the susceptibility ofthe financial ststements to material misststement. including fraud. Our
risk assessment procedures included-
Enquiry with management and those charged with govemance regarding any known or suspected
instances of fraud..
Obtaining an understanding of the Charitable Company's policies and procedures relating to..
Detecting and responding lo the risks of fraud- aTrJ
Internal controls established to mthgate risks related to fraLKI.
Review of minutes of meeting of those charged with governance for any known or suspected
instances of fraud.,
Oiscussion amongst the engagement team as to how and vthe￿ fraud rn￿ht occur in the financial
5talements-.
Performing analytical Procedures to identrfy any unusual or unexpected relationships that may
indicate risks of material misstatement due to fraud.
8ased on our risk assessment. we considered the areas most Susceptib￿ to fraud to be management
override of controls.
Our procedures in ￿Spect ofthe above induded".
Testing a sample of journal entries throughout the year, which met a defined risk criteria, by agreeing
to 5UPPOrting documentation-
Testing a sample of ioumal entrie5 throughout the year. vthich did not meet a defined risk crileria, by
agreeing to supporting documentation- and
we also communicated relevant 1dentrf￿ lavts and regulats'ons arKI potential fra￿ risks to all engagement
team members and remained a￿rt lo any indications of fraud or non-compliance with laws and regulations
throughout the audiL
15

DoCU￿n EnvekJFe ID.. LKC3374EEcB￿C1￿8OW897B57C0￿
Our audrt procedures v￿e desoned to respond lo risks of material misstatement in the financial statements.
recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not
detecting one resulting from error, as fraud may involve deliberate concealrnent by, for example. forgery.
misrepresentations or through collusion. There are inherent limitations in the audil procedures performed and
the further removed non-compliance with laws and regulations is from the events and transaclions reflected
in the financial statements. the less likety we are to become aware of IL
A fvrther description of our responsibilrties for the audit of the financial statements 15 located at the
Financial Reporting Council's ('FRC's") websrte at-.
https..IA￿V.frC.Org.ukIavditOfsres￿nSIb1Il1Ies. This description forms part of our auditorfs report.
Use of our report
This report is made solely to the Charitable CoMpan￿S members. as a body, in accordance with Chapter 3
of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
Charitable Company's members those matters we are required lo state to them in an audilorfs report and for
no other purpose. To the fullest extent pemiitted by law. we do not accept or assume responsibility to anyone
other than the Charitable Company and the Charrtable Company's members as a body. for our audit work,
ft)r this report. or for the opinions have formed.
Sarah Anderson (Senior Ststutory Audrlorl
For and on behalf of BDO LLP, stslutory auditor
London. UK
03 November 2025
BDO LLP is a limited liability partnership registered in England and Wales (wilh registered number
OC30512n.
16

or￿￿￿5n En￿￿￿ ID.. LKsJ74E.ECB￿c1*￿9¥S97Wc
RUGBY FOOTBALL FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2025
Unrestricted
funds
Restricted
funds
Total
funds
Totsl
funds
2025
2025
2025
2024
Income:
Donations:
Donations from the RFU
Other donations
Total donations income
24,100.000
301,915
24,401,91 S
24,100,C(JO
306,558
24,406,$58
24,516,000
247.101
24,763,101
4.643
Incomefrom charitable
activities:
Wodd Rugby Museum
Tolal income
468.553
24.870.468
468,553
24.875.111
459.225
25,222,326
4.643
Expenditure:
Expenditure on raising fiJThJs
Expenditure on charitable
activities
Total expenditure
(1.019)
(126,433)
(127,452)
{108,692)
(391.441) (24.W.553) (24.959,994) (25.470,856)
(392.460) (24,694.9861 (25.087.446) {25,579,548)
Net movement in funds
1387,817}
175,482
(212,335)
1357,222)
Reconciliation of funds:
Tolal funds brought forward
Total funds carried forward
9.361,945
8,974.128
244.922
420,404
9,606,867
9,394,532
9.964,089
9,606,867
The Statement of Financial activities includes all gains and losses recognised in the year_ All income and
expendrlure derive from continuing activities.
The notes on pages 20 to 30 form part of these f￿anCIal statements.
17

DcKJJsw En¥elore ID.. C6C3374E*cB￿I¥&j9¢6g7857Cfy
RUGBY FOOTBALL FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
Unrestricted
funds
2024
Restricted
funds
2024
Totsl
funds
2024
In¢ome:
Donations:
Donations from the RFU
Other donations
Total donations Income
24.516.CMXI
241.881
24.767.881
24,516,000
247,101
24.763.101
5.220
5.220
Income from charitable activities:
World Rugby Museum
Total income
459,225
25.217.106
459.225
25.222.326
5.220
Expenditure on:
Raising funds
Expenditure on charrtable athibes
Total expenditure
(27.058)
(495.631)
1522,6891
(81.634)
{24,975,225)
{25,056.859)
(108.692)
125.470.856)
125,579.548)
Net movement in funds
1517.4691
160.247
(367.222)
Reconciliation of fund5:
Total funds brought forward
Total funds carried lorward
9.879,414
84.675
244,922
9,964.089
9.606,867
The Statement of Financial aclNities includes all gains and losses recognised in the year.
The notes on pages 20 to 30 form part of these financial statements.
18

DouJslJn Envelope ID". NCS374E.ECeW1*W¥897857C(IAA96
RUGBY FOOTBALL FOUNDATION
BALANCE SHEET AS AT 30 JUNE 2025
REGISTERED NUMBER: 04608134
2025
2024
Fixed assets
Loans due from dubs
10
3,160,824
3.160.824
4,047,190
4,047,190
Current assets
Debtors
Cash at bank and in haThJ
11
60.548,391
751,494
61.299.885
51.385,845
746,121
52.131,966
Total assets
64,460,709
56.179.156
Current Ilabilities
Creditors-. amounts falling due within one year
12
(53.839.298)
(44.443,172>
Net Current assets
7.640.587
7.688.794
Long-term liabilities
Creditors.. amounts falling due after more than
one year
13
(1,226.879)
(2.129.117)
Total liabilities
{55,066.177}
(46.572.289
Total net assets
9.394.532
9,606,8S7
Charity Funds
Restricted funds
Unrestricted fvnds
Total funds
420,404
8.974,128
9,394,532
244,922
9.361.945
9,606,867
The financial statements were approved by the Trustees and are s￿ned on their behalf ty..
K L Marfor
30 October 2025
The notes on pages 20 to 30 fO￿n part of these financial st*ements.
19

t)DWSvJn E￿¥th￿ 10. ws374E-ECB￿1￿O9¢8g7a57C0
RUGBY FOOTBALL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1.1 General Infomiation
The Rugby Football Foundation IRFF) is a company limrted by guarantee and registered in England and
Wales, registration number 04608134. and registered charity number 1100277. The registered office is
Rugby House. Allianz Stsdium. 200 V1th￿On Road. Twickenham. Middlesex, Tiif2 7BA.
1.2 Basls of preparation of flnancial statements
The financial staternents have been prepared in accordance with Accounling and Reporting by Charities,
Statement of Recommended Practice applicable to charities preparing their accounls in accordance wilh 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 IFRS 102) and the Companies Act 2(M)6.
The RFF meets the definition of a public benefft entty under FRS 102. Assets and liabilities are inilially
recognised at historical ￿st or transaction value unless otherwise stated in the relevant accounting policy.
The Charty has taken advantage of the exempts'ons under Financial Reporting Standard FRS 102 from
preparing a cash flow statement as it is a wholw Control￿ subsidiary and Rugby Football Union's
consolidated financial statements include the cash llows of the Charty.
The financial statements are prepared in sterling {£) and rounded to the nearest pound.
1.3 Going ¢on¢ern
The financial statements have been prepared on a g¢ing ¢oncem basis. The Charty is a member of a group
that shares financial resources belween group members. The ultimate controlling party has confirmed to the
Trustees its intention to continue to provide funding to enable the charty to meet its liabilities as they fall due
for the foreseeable future. The Trustees have therefore prepared the financial statements on a going concern
basis. Should such funding from the ultimate controlling party not be forthcorning. the going concern basis of
preparation may no longer be appropriate aThJ synificant adjustrnents may be required to these financial
statements.
The charitable activities of the Charity are dependent on the ongoing operations of the RFU, its ultimate
parent undertaking, and until activsties resume to an appropriate level. the Charty is dependent on the RFU
for financial support in the form of non-recall of intercompany balances and certain operating exFenditure.
The RFU has confirmed to the Trustees rts intention to continue to provide funding and to not recall
intercompany balances unless the Company has the financial means to do so and otherwise meet its liabilities
as they fall due.
The RFF in the financial years 2021 and 2022 has received £8.3m of donations from debenture holders which
have improved the unrestricted reserve to £8.Om. This has provided the charity with a greater degree of
certainty over the resources available and support the conclusion tl is appropriate to prepare the financial
st*ements as a going Concern.
The Trustees have reviewed finanual projections for the RFU that show it V*ill be able to provide this funding
and have therefore prepared the ffinancial statements on a going concern basis. These assessments have
factored in a number of s¢en2ri0S With upside and downside to drffering degrees factored in for the next
financial year and beyond. The RFU has two committed faciif(ies with a combined value of £35m with its
bankers which expires in October 2025.
20

oD￿$19n Envdcf¢ ID.. [rt3374EEC8￿C1￿WSs7c11
RUGBY FOOTBALL FOUNDATION
NOTES TO THE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 30 JUNE 2025 (continued)
1.3 Going concern (continued)
Notwithstanding this uncertainty. the Directors have a reasonable expectation that the Charity as part ofthe
wider RFU Group will have adequate reSoUr￿S to continue in existence for a period of not less than 12
months from the date of approval of these financial statements and have concluded that it 1$ appropriate to
adopt the going concern basis of preparation of these financial statements.
The Charty's financial statements do not include adjustments that would result rf the Charrty were unable to
continue as a going concern.
1.4 Donations and grants receivable
Donations and grants are recognised in the Statement of Financial Activilieswhen there is entitlement. receipt
is probable, and the amount can be measured with sufficient reliabilty.
1.5 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general obiectpies of the FouThJation.
Designated unrestricted fvnds represent approved grants where payment is subject lo the ￿CipIent meeting
certain conditions which have not been met at year end.
Restricted funds are incoming reSoU￿S receivable specifically for the Communtty Rugby Programme. other
project grants and the operation of the World Rugby Museum. as discussed in the Trustees. report.
1.6 Expenditu
Expenditure is accounted for in the Statement of Financial Activities on an accruals basis and classified under
heading5 which aggregate all the costs which relate to that heading. Payments under contract are recognised
to the extent thal the contrad has been completed in the year in quesb'on.
SupFlOrt costs include the costs relating to the general administration of the charity within its objectives as
opposed to the costs of issuing grants. Communty Rugby Programme and operation of the World Rugby
Museum. Ad-hoc administrative support is received from RFU.. however. rt is not possible to value Ihis
support.
1.7 Loans
Fixed asset investments are programme related investments and are a forrn of cOn￿$s1onary loans. The
loans are initially recognised and measured at the amount 155ued wth the carrying amount adjusted in
subsequent years to reflect repayments and adjusted rf necessary for any impairment.
1.8 Grants
Grants awarded to clubs are recognised as a liabilty when approved by the Trustees, are communicated to
the recipient and are subj.ect to condrtions that fall outside the control of the Foundation. In instances where
such conditions fall within the control of the Foundation. the commilment is noted wr(hin Gontingent liabilities.
as opposed to being recognised as a liabilty.
1.9 Debtovs
Short term debtors are measured al the Iransaction price. less any impairment. Prepayments are valued at
the amount prepaid net of any trade discounts due.
21

ENd¥e ID.. cfjC3374EE(S&4C1*￿￿8g78s7c
RUGBY FOOTBALL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 {continued)
1.10 Creditors
Short temi creditors are measured at the transaction pr4￿.
1.11 Accounting judgements and estimates
The Trustees consider Ihe significant accounting judgements arKI estimates that are re￿vant to the charty
to be the consideration of recoverable value oflhe loans to rugby dubs. together with the timings and amounts
repayable to the cbarty. A full review of loans repayable by clubs is performed on a quarterly basis. This
review will consider if the loan in part or in full has become irrecoverable. an impairment loss is recognised
in the statement of financial a￿l¥rtieS. From this yearfs review. management have concluded there is no
impairment necessary.
Included in Note 11 is a debtor relating to amount due from HMRC due lo Gfft Aid. Thrs amount has not yet
been received and is pending decision from HMRC. The recoverabilty of this debtor balan￿ has been
assessed to determine if a provision is required. Management deem it is recoverable and this view is
supported by independent tsx advisors who deem no wovision is necessary.
Other significant accounting judgements and estimates include the appropriate recognition of income from
grants and donations according to their criteria.
2. Donations
Unrestricted Restrlcted
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
Rugby Unrted
Other donations
Sub total
Donations from RFU
Total donations
301.915
301,915
4,643
306.558
24.100,000
24.406.558
241.881
5.220
247.101
24.516.000
24.763.101
4.643
301.915
24.100,000
24.401.915
Unrestricted
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
2024
Debenture Donations
Gift Aid
Rugby Uniled
Other donattons
Sub total
241,881
241,881
5,220
247.101
58,042
1,993
60.035
5.220
5.220
241,881
Donations from RFU
Total donations
24.516,000
24.7S7,881
24,516,000
24,763.101
23,384,000
23,444.035
5,220
3. Taxation
The ChaTity is a registered charity. and as such is entitled to ￿rtain tax exemptions on income and profits
from inveslments, and surpluses on any trading activtties carried on in furtherance of the charity's primary
objectives, rf Ihese profits and surpluses are applied sobety f￿ charitable purposes.
22

RUGBY FOOTBALL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 (continued)
4. Trustees expenses
During the year, no Trustee received out of pod(et expenses (2024.. £nil) relating to travel, accommodation
and subsistence costs.
The Trustees received no remuneration during the year {2024.' £nill. One trustee is an employee of the
RFU. The truslee receives a salary from the RFU however this is not in ￿latIon lo their role as a trustee of
the RFF.
5. Analysis of expendlture on charitable activities
Unrestrlcted Restrfcted
funds
2025
Total
funds
2025
Total
funds
2024
2025
World Rugby Museum (restricted)
Grants to clubs (see note 6)
Community Rugby Programme (see
note 7)
Rugby United
Debenture donats'on campaign
Club loans- RFU loan interesl
Bad Debt Provision
Support costs (see note 9)
Total
468.553
468,553
459.225
24.1(yJ,iyy)
24,1(K),IXJO
24,516,000
112.706
176.442
73,182
112,706
176,442
73,182
212.450
138,685
119,449
29.111
391.441 24.568,553
29,111
24.959.994
25,047
25.470.856
Unrestricted Restricted
funds
Funds
2024
2024
Total
funds
2024
Total
funds
2023
World Rugby Museum (restTiCted)
Grants to clubs (see note 61
Community Rugby Prograrnme (see
note 7)
Rugby United
Debenture donation campaign
Club loans - RFU loan interest
Bad Debt Provision
Support costs (see note 9)
Tolal
459,225
459,225
434.108
24.516.000
24,516,ClJO
23,391,253
255.291
172,811
149,646
212.450
138.685
119.449
212.450
138.685
119,449
25,047
495,631
25,047
25,470,856
15.315
24.418,424
24,975.225
23

OorLwgn ID.. L￿aJ74E.ECBwl￿￿H578$7CQ
RUGBY FOOTBALL FOUNDATION
NOTES TO THE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 30 JUNE 2025 {¢ontinued)
6. Grants to clubs
2025
2024
Groundsmatch grants
Helping hand grants
Exceptional grants
Total
No grants were awarded in 2024125 or in 2023r24.
7. Communlty Rugby Programme
Expendrture on the Communty Rugby Programme is made up of the following..
2025
2024
Community Rugby Funding
Legacy Partners- Area 4
All Schools Programme
Total
24,100,(X(1 24.516,000
24 100 000 24 516 000
Expenditure on Charitable adivities. the Communty Rugby Programme. was £24.100.01)0 (2024..
£24,516,000). £24,100,IJOO was restricted (2024". £24.516.000).
8. Expenditure
Total expenditure includes the following charges:
2025
2024
Audilors, remuneration
25.861
22,000
The audito¢s remuneration is solely for the perfofmance of the year*nd audit.
9. Support Costs
2025
2024
Professional fees
Insurance
Bank charges
Total
25,861
2.800
450
29.111
22.000
2.800
247
2S.047
All support costs have been identified as Govemance costs for the basis of apportionment. The Charity
does not have any employees.
24

Dor#Jsign Emek)pe ID". f*c&174EECBPAC14-80gM97857CO
RUGBY FOOTBALL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 (continued
10. Programme Related Inv￿lments - Con¢esslonary Loans
The loans. which have been made to rugby clubs. are interest free and repayable over a maximum period
of 15 years.
A reconciliation from last year's loans to this yearfs is set out t*kJw.
2026
2024
Loans due from clubs at 1 Ju
Loans repaid
Loans due from dubs at 30 June
4.047.190
4.657,102
609 912
4.047.190
3.160.824
Split of loans due from clubs between within one year and greater than one year.
2025
2024
restated
Amount due within one year
Amount due after one year
Loans due from clubs at 30 June
650.998
2.509,826
3.160,824
886,366
3,160,824
4.047.190
£845,189 have been restated from amount due after one year to amount due within one year to better align
expected loan repayment with loan agreements in place.
11. Debtors: Amounts falling due within one year
2025
2024
Amounts owed by group undertakings (see note ln
Prepayments and accrued income
Total
58.905.258
1.643,133
60.548.391
49.690,858
1.694.987
51,385,845
Included in prepayments and accrued income ts £1.1 m due from HMRC relating to Gift Aid. This balance
has been due from HMRC since 2022. As discussed in Note 1.11 no provision has been recognised in
relation to this balan￿ as Ihe Trustees believe this balance is recoverable.
12. Creditors: Amounts falling due within one year
2025
2024
Amounts owed lo group undertakings (see note 17)
Accruals and deferred income
Olher creditors
Totsl
53,751,458
81,629
44.364,623
78,549
53.839.298
44,443.172
25

DorJJsiw Eth*k)pe ID". CfU374E.ECB&4C1U09U97857ca4
RUGBY FOOTBALL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 lcontlnuedl
13. Creditors: Amounts falling due after more than one year
2025
2024
Secured loan from the Rugby Football Union
1.226.879
2,129.117
The loan has been borrowed to fund advances to rugby ¢lubs to develop their facilities. The loan bears
interest at the Bank of England base rate. capped at 5 per cent. per annum. The repayment schedule of the
loan is dependent on repayments from dubs, bul no repayments are due within the next year. The Foundation
has the ability to borrow up lo a maximum of £8.(XJO.(J)0 (2024. £8.000.000) from the RFU.
14. Analysis of net assets between funds
General &
Designated
Unrestrict
funds
2025
Restrlcted
funds
Totsl
funds
2025
2025
Loans
Cash at bank and in hand
Debtors
Credrtors due wfLhin one year
Credrtors due in more than one year
Total
3.160.824
751.494
{29,992.234)
36.280,923
(1,226.879)
8,974.128
3,160,824
751,494
60,548,391
(53,839,298)
(1,226,879)
9.394.532
9).540,625
(90.120.221)
420,404
General &
Designated
Unrestricted
funds
2024
Restricted
funds
Total
funds
2024
2024
Loans
Cash at bank and in hand
Debtors
Creditors due wilhin one year
Creditors due in more than one year
Totsl
4.047.190
156,649
1.400.000
5.917,205
{2,129.11n
4,047.190
589.472
746,121
49,985,845
51,385.845
(50,360,377> (44,443,172)
{2.129.11n

OoaJ5w En*k)k* ID". [￿3374E￿1￿1¥￿497&87cu4
RUGBY FOOTBALL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 (continued)
15. Movement in funds
Unrestricted funds
General Designated
Unrestricted Unrestricted
funds
funds
2025
2025
Totsl
Unrestricted
funds
2025
Totsl
Unrestrl¢ted
fvnds
2024
At1Juty
Net deficit for the year
AI 30 June
8.141,938
(98.669)
8.043.269
1.220,007
(289.148)
930,859
9,361,945
1387,817)
8,974.128
9,879.414
1517,469)
9.361,945
General
Unrestri¢ted
funds
2024
Designated
Unrestricted
funds
2024
Total
Unrestricted
funts
2024
Totsl
Unrestricted
funds
2023
At 1 July
Net deficit for the year
At 30 June
8.308.273
(166,335)
8.141.938
1.571.141
(351,134)
1.220.007
9.879,414
(517,469)
9.361.945
10,471,795
1592,381)
9.879.414
Ro$tri¢ted funds
2025
2024
At 1 July
Net (deficit)Isurplus for the year
At 30 June
244.922
175482
420 404
84,675
160 247
Restricted funds
2024
2023
At 1 July
Net surplus for the year
At 30 June
84.675
160,247
80.786
3.889
27

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RUGBY FOOTBALL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 (contlnued)
15. Movement in funds {c¢)ntinued)
Communlty
World
Legacy
Rugby
Rugby Schools Partners
Programme Museum
proiect
Area 4
Rugby Support
United Women
Total
Rugby
At 1 July 2024
Net deficit in the
year
At 30 June 2025
46,996
196.998
244,922
175,482
46.996 372.480
175,482
928 420.404
Community
World
Rugby
Rugby Schools Partners
Programrne Museum
project
Area 4
Rugby Support
United Women
Total
Rugby
At1Juty
2023
Net surplus
in the year
At 30 June
2024
46.996 36.751
928
84,675
160.247
160.247
46,996 196,998
928
244,922
Restricted funds compromise of four fijnds. the Wodd Rugby Museum. Community Rugby Programme
(covering All Schools Project and Legacy Partners A￿a 4). Rugby United and Support Women enlering into
Rugby.
The Community Rugby Programme is for the promotion of participation in rugby for the benefit of the public
and the World Rugby Museum is for the exhibrtion of historical information and artefacts relating to Rugby.
Rugby United Project intends to make a long-term cultural change in the club setting, making them more
accessible and inviting to communities and groups who may not previously believed that rugby is a sport for
them with the initial metrics based on social inclusion. empowerment and perception. The Debenture
Donation Projects is a portion of the donation that has been restricted by the holders electing three projects
for Ihe ftjnds to be spent on". gr¢)w referee numbers. supporting clubs grow the number of volunteers and
grow the number of first aiders.
The brought forward values and carried foNiard values of the restricted funds relate to All Schools Project.
Legacy Partners Area 4. Rugby United and Supporting Women into Rugby.
For the year ended 30 June 2025, the World Rugby Museum had income of £468.553 and expendrture of
£468,553.
The Community Rugby Programme had income £24.389.148 and expenditure of £24,389,148.
Designated unrestricted funds represent 2 areas the first are approved grants where payment is subject to
the r￿plent meeting certain conditions. which have not been met at year end. At the year-end these monies
had not been paid and bwll be accounted for in future years provided that the condrtions are met to the
Foundation's satisfaction.
The second are funds that have been allocated for spend by the Twstees in the prior year on a number of
projects. £1 m has tr￿en designated by the Trustees to the Rugby United project with the intention to make
long-term cultural change in the club setting. makn.ng them more accessible and inviting to communities and
groups who may not have previously believed that rugby is a sport for them with initial metrics based on
social inclusion, empowerment and percepts'on.
28

Dwsign ITr. [rt3374E.ECB￿C148O￿897￿s?C￿￿4g6
RUGBY FOOTBALL FOUNDATION
NOTES TO THE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 30 JUNE 2025 (continued)
16. Contingent Liabilities
The Charity has classified the grant received from the RFU, for the communty rugby development
programme. and the fee paid to RFDL. as restricted funds.
In the prior year, the RFF approached the RFU to ascertain whether or not they would require that the net
deficit be relurned to them, as is their right under the signed grant agreement. Consultstion with the RFU has
confirmed that this will not be the case and therefore provision has not been made for this amount.
As explained in the Trustees. report. the Foundation no longer apwoves grants (2024: £nil) or loans (2024..
£nil) therefore provision has not been made for this amount.
17. Related party transaction5
2025
2024
Amounts owed by RFU
Amounts owed by IPF
Amounts owed by RFDL
Amounts owed by TEL
Amounts owed to RFU
Amounts owed to IPF
Amounts owed to RFU - loan interest
Amounts owed to RFDL
Amounts owed lo TEL
58.831,033 49,690.858
37.261
2.313
73,082
119.449
53,751,458 44,362,310
The Foundation is a quasi-subsidiary of Ihe RFU. All balances conducted with the RFU and RFDL (a fully
owned subsidiary ofthe RFUI have been summarised in the table above and are disclosed as amounts owed
byno group undertakings within debtors and creditors.
In the year the foll¢)wing related paty transaclions have occurred:
the Foundation received a grant £24,100.000 from the RFU (2024.. £24.516,f￿￿j)
the Foundation was charged interest of £73.082 (2024.. £119.449) by the RFU in respect ofthe loan
the Foundation was recharged fundraising costs of £127.452 (2024.. £108.6931 by Ihe RFU
the Foundation was charged for seNices provided to it by RFDL under the Communty Rugby
Programme £24.100.00012024.' £24,516,000)
the Foundation was charged £nil for Servi￿ provrded to rt by RFDL under the All-schools
Programme {2024'. £nil)
18. Status of the c¢)mpany
The company is limited by guarantee. Any liabilty of its members is restricted to £1 per member.
29

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RUGBY FOOTBALL FOUNDATION
NOTES TO THE FINANCIAL STATEmE￿rs FOR THE YEAR ENDED 30 JUNE 20261continued)
19. Ultimate controlling party
The RFF rs limited by guarantee, so has no share capital and therefore no legal controlling party. On the
basis of the Company being considered to be a quasi￿SubS1dlary of the RFU, its financial results and
position are consolidated into the Group accounts of Ihe RFU. Copies of these Group accounts can be
obtained from Rugby House, Allianz Sladiurn. 200 Whitton Road, Twickenham, m￿dIeSeX. TW2 7BA. UK.
RFU is a registered society in England {¢ompany number IP27981 R).
The Directors consider the Companls ultimate controlling party to be the RFU, the governing body for
rugby in England.
20. Flnancial instruments
The Charty has basic financial instruments including debtors, creditors and intragroup balances. All debtors
and creditors are financial instruments measured at amortised cost.
The Charity is exposed to credit risk in relation to financial assets such as debtors and intragroup receivables.
The Charity is not exposed to significant interest rate or foreign currency rate risk.
30