**Charity Registration No. 01107851**
**Company Registration No. 05271148 (England and Wales)**
## **NEWCASTLE RUGBY FOUNDATION**
# **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2021**
## **NEWCASTLE RUGBY FOUNDATION**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|M L Stephenson||
|---|---|---|
||D I Ramage||
||J W Ponton||
||A H Ross||
||R W Vickers||
||M C Hogan||
||S Mehra||
||S P Savage||
||C K McGuinness||
||T E Lynch||
||J A Ball|(Appointed 27 April 2021)|
|**Secretary**|M Magee||
|**Charity number**|01107851||
|**Company number**|05271148||
|**Registered office**|Kingston Park||
||Brunton Road||
||Kenton Bank Foot||
||Newcastle Upon Tyne||
||NE13 8AF||
|**Independent examiner**|RMT Accountants & Business Advisors Ltd||
||Gosforth Park Avenue||
||Newcastle upon Tyne||
||NE12 8EG||
|**Bankers**|Barclays Bank Plc||
||49 - 51 Northumberland Street||
||Haymarket||
||Newcastle Upon Tyne||
||NE1 7AF||
|**Solicitors**|Ward Hadaway||
||Sandgate House||
||102 Quayside||
||Newcastle upon Tyne||
||NE1 3DX||
## **NEWCASTLE RUGBY FOUNDATION**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|2 - 9|
|Independent examiner's report|10|
|Statement of financial activities|11 - 12|
|Balance sheet|13|
|Notes to the accounts|14 - 22|
## **NEWCASTLE RUGBY FOUNDATION**
## **CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 30 JUNE 2021**
Due to the continued impact of the coronavirus pandemic , the 2020/21 year presented another challenging year as we reformed, recovered and started to re-evaluate. This financial year can still be seen as predominantly a reforming and recovery period as we caught up with the delivery, we were unable to do in the previous year.
In a difficult end to the year the Foundation executive team and staff once again proved agile, resilient and able to respond to challenges that have never before been experienced. The support of our Trustees, two parent clubs (Falcons and Thunder), our many partners and the community groups we work with has never been more valuable. Due to a number of years of success and prudent financial management the Foundation is in a strong position. We are able to withstand the challenges that we have and continue to face but also to undertake more work that will benefit our communities, which included the recruitment of additional staff to undertake the work.
Whilst we still have healthy reserves, we have started to invest these reserves into appropriate staffing and projects and continue to plan to reduce these funds now that the future looks a little more stable than the previous two years.
After several years of success and prudent financial management the Foundation is in a strong position. We are able to navigate all ongoing challenges and also undertake more work that will benefit our communities. It is a positive step that we have been able to recruit additional staff to deliver more programmes.
With work on the Foundation’s purpose to be completed and integrated into all aspects of what we do , 2021/22 promises to be very exciting for all on the delivery and management side (staff and trustees) , as well as the various programme participants. We all wish for a more stable societal environment as we all learn to live with the effects of coronavirus.
The work the Foundation undertakes continues to inspire all of us who have an involvement with it. Inclusivity is at the heart of all that the Foundation does and the way each programme uses rugby union and rugby league, and the values they represent, makes what we do have greater impact and more relevance.
Thank you to all involved in making the Newcastle Rugby Foundation the success it is
..............................
**Mick Hogan Chairman Dated: .........................**
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## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2021**
The trustees present their annual report and financial statements for the year ended 30 June 2021.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's memorandum and articles of association , the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016) .
## **Objectives and activities**
The charity's objects ("the objects") are for the benefit of the public generally and, in particular, the inhabitants of the North East and Cumbria and their surrounding areas:
- to promote community participation in healthy recreation by providing facilities for the playing of rugby union and other sports ("facilities" means land, buildings, equipment and organising sporting activities)
- to provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, ethnicity, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the objective of improving their conditions of life
- to advance the education of children and young people through such means as the trustees think fit in accordance with the law of charity.
The main objectives of the year continued to focus on the promotion of community participation in healthy recreation through the advancement of the education of children and young people. The strategies employed to assist the charity to meet these objectives included the following:
- Provide a wider range of activities in addition to rugby union
- Providing additional coaching to young people in a wider geographical area of the North East
- Increase social inclusion and educational activities
- Delivering a range of activities to the community that offer the opportunity for them to have a healthier lifestyle
- Using professional rugby players as excellent role models
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
Over the reporting period, the Newcastle Rugby Foundation has focused on reformed, recovered and started to re-evaluate our programmes across the 5 pillars of activity; Health, Education, Social Inclusion, Club Development and Grassroots Sports. The Foundation has started to work with two external agencies – Cravens and Goodlabs to evaluate our purpose and impact during a post-pandemic world.
As a dual code Foundation, the work of the Charity is split into two brands;
- 1) Falcons Community Foundation 2) Newcastle Thunder Community Programme
The Falcons Community Foundation is a more established brand and therefore all 5 pillars are delivered, while the Newcastle Thunder Community Programme is still in its development period and as a result Grassroots Sport and Club Development remain the key focuses. The number of staff working on these programmes has increased during this period.
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## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2021**
There are 5 main pillars of activity; Grassroots sport, club development, education, health and social inclusion.
## **FALCONS COMMUNITY FOUNDATION**
## **GRASSROOTS SPORTS**
## **Project Rugby / H of A**
Project Rugby runs in partnership with Premiership Rugby and is designed to increase participation in the game by people from traditionally underrepresented groups:
- Black Asian & Minority Ethnic People
- People from Lower Socio-Economic backgrounds (top 30% IMD)
- Disabled People
The outcomes of the programme are not only targeted at engaging hundreds of participants each year, but also to transition participants into regular rugby participation. In addition, participants will experience improved wellbeing, self-confidence as well as a reduction in social isolation.
## **Match Day Festivals**
Throughout the Newcastle Falcons’ season, the charity runs match day festivals for local grass roots rugby clubs. These offer junior rugby players the opportunity to play on the Kingston Park Stadium main pitch during a Newcastle Falcons game. All participants receive a free ticket to the Falcons game that follows which is kindly donated by Newcastle Rugby Limited. With games suspended due to the pandemic the programme of festivals was not completed after March.
## **Schools Connections Programme**
The Foundation runs rugby coaching programmes as part of the Physical and Social Education curriculum within schools across the north east and Cumbria. This programme encourages participation in the sport of rugby. It is paid for by the schools directly via their School Sports Premium and allows for a stream of funding and activity that is not reliant on sponsors to enable a long-term impact. This is an area of potential expansion for the Foundation across both codes.
## **Coaching Camps**
Throughout the year the Falcons Community Foundation run a number of rugby coaching camps that aim to develop the skills of junior rugby players. Hosted throughout the region, these camps consist of generic rugby skills coaching and/or specialist coaching targeting specific playing positions or groups of participants. Again, affected by coronavirus restrictions, we were able to provide a limited programme when appropriate. Numbers were significantly lower as a result of social distancing rules and a lack of confidence in some settings around Covid.
## **Premier Rugby Champions**
Premiership Rugby Champions is an interactive cross curriculum-based digital app supported by the CVC Foundation and BT Supporters Club. The app has been developed to inspire primary school children to get moving whilst developing important life skills. The Falcons Community team facilitate and encourage teachers and pupils to make the most out of the app.
## **Little Falcons**
This programme focuses on introducing youngsters from 2-4 years old in developing fundamental skills. These including agility, balance, co-ordination, teamwork and of course fun. As an indoor activity the planned expansion and growth was severely hampered.
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## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2021**
## **CLUB DEVELOPMENT**
## **Club Connections**
Seventy local rugby clubs now belong to the Falcons’ Club Connections Programme. This provides them with priority access to Foundation programmes and exclusive benefits from Newcastle Falcons. This programme enables the Foundation to help develop community clubs’ skills across a variety of areas both on and off the field. The belief is that the stronger we make our community clubs, the more opportunity we have to engage more people on a regular basis for the overall benefit of the sport. As Clubs started to get back up and running, a limited number of sessions were able to take place to help rebuild.
## **Coaches Development Programme**
Throughout each season the Foundation offers a range of specialist coach development sessions for grass roots coaches across the region. An increased number of CPDs have taken place with a better link with the Newcastle Falcons Academy to enable an increased breadth and depth of focus areas. Unfortunately these sessions did not take place due to coronavirus restrictions around utilising players and coaches to run these sessions.
## **The Cast Volunteer Programme**
The Cast Volunteer Programme now has 30 regular volunteers with over 200 on the database and aims to;
1. To recruit volunteers to support events such as first team matches and larger events such as The Big One and The European Finals 2019
2. To provide opportunities for all members of the community, but specifically those who have become isolated or excluded to gain skills and confidence working with others
3. To provide an additional work force for the community game to further strengthen the opportunities for increase participation in both rugby league and rugby union.
The Cast work on home games for both Falcons and Thunder and have had a positive impact of the matchday experience for both clubs. Unfortunately, this programme was unable to run as a result of the Covid restrictions.
## **EDUCATION**
## **Tyne Metropolitan College Programme**
Falcons Community partners with Tyne Metropolitan College to enable students to take part in their studies in one of Kingston Park’s two classrooms. Students aged 16 and above combine a BTEC Level 3 extended diploma in rugby excellence with practical rugby sessions and fixtures against other North East Colleges. As well as rugby training, the course includes video analysis, media training, sports psychology and principles of coaching. Students also have the opportunity to achieve coaching and refereeing qualifications alongside volunteering experience within the Foundation.
## **HEALTH**
## **Tackling Health with Greggs**
Rugby’s diversity makes it the perfect vehicle to drive a health and activity led initiative. As a sport rugby can offer playing opportunities and role models to children of all shapes and sizes.
The Tackling Health with Greggs initiative works with Key Stage 2 learners to encourage healthy eating and nutrition awareness while along with practical rugby coaching. The programme works with schools on the Greggs breakfast club programme which is focused around areas of deprivation. In addition to classroom lessons and outdoor activity informing healthier choices, activities include a tag rugby festival at Kingston Park Stadium.
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## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2021**
## **Try Quorn**
The programme provides pupils from ks2 with the opportunity to learn about healthy eating, nutrition and physical activity. The programme runs over 5 sessions linking the principles of nutrition and physical activity from the classroom to the school yard to the home environment. This method gives the children a mixture of educational and physical activity sessions highlighting the risks of eating an unhealthy diet whilst being inactive and the effect this will have on their health.
## **Move Like a Pro**
Move Like a Pro enables males from a variety of backgrounds who are inactive to use their passion for rugby to inspire them to attend basic fitness and lifestyle sessions at Kingston Park Stadium. The results are significant physical and mental health outcomes.
## **SOCIAL INCLUSION**
## **Parent’s on the Ball**
An innovative programme delivered in partnership with Action for Children to engage more parents and carers through the 12-week parenting skills. The scheme also develops new fitness and activity ideas for parents to engage with their children.
## **See, Hear, Respond**
A new programme to respond to the individual needs of young people adversely affected by the pandemic via detached work. This is a way of building relationships with young people at their pace, without the use of a building and takes place where the young person ‘is at’ – both physically as well as emotionally. The nature of the relationship is led by the young person and the informal setting of the work facilitates choice, freedom of expression and development of self-identity for young people. The project received referrals about the public places and areas where young people spend time and congregate. Newcastle Rugby Foundation utilised the hook of rugby and the Falcons brand to engage and work with the participants to achieve a positive progression.
## **NEWCASTLE THUNDER COMMUNTIY PROGRAMME**
## **GRASSROOTS SPORTS**
## **Schools Connections Programme**
The Foundation runs rugby coaching programmes as part of the Physical and Social Education curriculum within schools across the North East and Cumbria, encouraging participation in the sport of rugby. This programme is paid for by the schools directly via their School Sports Premium and allows for a stream of funding and activity that is not reliant on sponsors to enable a long-term impact.
## **Coaching Camps**
Thunder community camps plan continues to be to expand the camps is the post pandemic world.
## **County Durham Project**
The aim of this project is to improve the physical and mental health of a variety of age groups in the target area of delivery. The activity focused around Darlington Rugby Club and works to drive a long-lasting affiliation with the rugby club to enable the activity we start during this project to be self-sustaining and last way beyond the initial period. The belief is that enabling a centre of activity for a whole family with multiple touch points is important to allow a support group for all involved.
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## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2021**
## **CLUB DEVELOPMENT**
## **Sky Try**
Funded by Sky and the RFL, Newcastle Thunder are one of 22 clubs to deliver the Sky Try programme to local communities. Delivering sessions to both primary and secondary school students, the scheme aims to encourage more children to play rugby league. In addition to the coaching, festivals and transition events, Sky Try provides the opportunity for teachers to attend CPD sessions to actively encourage further participation in rugby league.
## **North of Tyne Rugby League Programme**
This new project was established to develop a start-up club in the west end of Newcastle, where there is a gap in provision in one of the most disadvantaged areas of the city. The Club is now beginning to thrive and develop and is being maintained by this programme.
## **South of Tyne Rugby League Programme**
As a result of the success of the North of Tyne Programme, the RFL agreed to fund a similar programme in the south of the region. Unfortunately, as a result of the season dates coinciding with the start of pandemic, the programme did not get started.
## **Newcastle Thunder Heritage Lottery Project**
The Foundation this year embarked on a two-year project that will chronicle the sport at both professional and community levels all the way back to the very early 1900s.
The project will collate match information, photos, memorabilia, memories and news reports and make these available for public consumption via the establishment of an on-line museum. The Foundation will work with the North East Rugby League, Tyne & Wear Archives & Museums and clubs and societies across the region to gather contributions for the project. The programme of activity will also include the training of volunteers, an education element, work with dementia support groups and a series of exhibitions.
Heritage numbers will be allocated to every player who has played professional rugby league for a club in the region. This will include Wallsend, South Shields and St Paul’s in the early twentieth century, Newcastle Rugby League in the 1930s and Gateshead/Newcastle Thunder over the past two decades.
The progress of some elements of this project has been hampered by the pandemic and an extension has been requested.
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## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2021**
## **Financial review**
In the year ended 30th June 202 1 , the Foundation’s income was £4 63 k (Restricted £ 354 k and unrestricted £1 09 k) compared to last year £4 22 k (Restricted £ 281 k and unrestricted £ 141 k).
Costs were up £38k due to an increase in Staff expenditure and general admin charges. This resulted in a loss for the year of £15k compared to a profit the previous year of £104k. The Board accepts that the deficit recorded was a direct result of Coronavirus and is satisfied that the Foundation is able to continue despite the difficulties that the pandemic will undoubtedly cause. The Board are confident that going forward the Foundation will continue to be sustainable and will make the necessary adjusts to achieve this.
As a result of the ongoing situation a figure of approximately £145k will be moved to the following financial year to enable the delivery of outstanding targets as agreed with our funders. None of our supportive and committed funders request any rebate of funding, simply a delay in delivery.
The Foundation has a reserves policy of 6 months’ staff salaries and on-costs. Prior to the pandemic, the Foundation’s supplementary reserves had been earmarked for further expansion of staffing levels to continue to deliver the purposes of the Charity. However, as the pandemic hit, these plans were put on hold as the Board agreed that it was impossible to plan anything for the future as current staff were furloughed due to lockdown. As a result, our reserves at the end of this financial year are at £360,000, which is above our agreed upper level. We have approval from the Trustees for new staffing positions going forward to bring these reserve amounts down to the agreed level.
## **Structure, governance and management**
The charity is a company limited by guarantee and a registered charity. The company has no share capital. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
A board of trustees administers the charity. A Community Manager is appointed by the trustees to manage the day to day operations of the charity. To facilitate effective operations the Community Manager has delegated authority, within terms of delegation approved by the trustees for operational matters.
## **Trustees**
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
J Oates (Resigned 27 April 2021) M L Stephenson D I Ramage J W Ponton A H Ross R W Vickers M C Hogan S Mehra S P Savage C K McGuinness H C Pratt (Resigned 27 April 2021) T E Lynch J A Ball (Appointed 27 April 2021)
## **Appointment of trustees**
The number of trustees shall not be less than three and the original trustees shall retire and be reappointed on a rotation basis. The appointment of additional trustees can be made as detailed in the memorandum and articles of association.
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## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2021**
## **Organisation Chart**
## **Statement of Trustees' responsibilities**
The trustees, who are also the directors of Newcastle Rugby Foundation for the purpose 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 which 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 charitable company for that year.
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 judgements and 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; and
- 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 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.
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## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2021**
## **Small company exemptions**
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
The Trustees' r eport was approved by the Board of Trustees.
## **M C Hogan**
Trustee Dated: 30 March 2022
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## **NEWCASTLE RUGBY FOUNDATION**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEWCASTLE RUGBY FOUNDATION**
I report to the trustees on my examination of the financial statements of Newcastle Rugby Foundation (the charity) for the year ended 30 June 2021.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity 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 charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales , which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1) accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
- 2) the financial statements do not accord with those records; or
- 3) the financial statements 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
- 4) the financial statements 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).
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 financial statements to be reached.
## **Maxine Pott (FCA) Member of the Institute of the Chartered Accountants in England and Wales for and on behalf of RMT Accountants & Business Advisors Ltd Gosforth Park Avenue Newcastle upon Tyne NE12 8EG**
Dated: 31 March 2022
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## **NEWCASTLE RUGBY FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2021**
|**Current financial year**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and grants
**3**
21,700
354,215
Charitable activiti es
Training camps
**4**
87,488
-
Other trading activities
**5**
-
-
Other income
**6**
-
-
**Total income**
109,188
354,215
**Expenditure on:**
Raising funds
**8**
2,667
-
Charitable activities
Healthy recreation and education
**7**
27,979
354,215
**Total charitable expenditure**
27,979
354,215
**Total resources expended**
30,646
354,215
**Net income/(expenditure) for the year/**
**Net movement in funds**
78,542
-
Fund balances at 1 July 2020
360,643
-
**Fund balances at 30 June 2021**
439,185
-|**Total**
**2021**
**£**
375,915
87,488
-
-
463,403
2,667
382,194
382,194
384,861
78,542
360,643
439,185|**Total**
**2020**
**£**
292,682
92,987
35,004
1,608
422,281
7,141
430,086
430,086
437,227
(14,946)
375,589
360,643|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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## **NEWCASTLE RUGBY FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2021**
## **Prior financial year**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2020**
**2020**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and grants
**3**
12,028
280,654
Charitable activiti es
Training camps
**4**
92,987
-
Other trading activities
**5**
35,004
-
Other income
**6**
1,608
-
**Total income**
141,627
280,654
**Expenditure on:**
Raising funds
**8**
7,141
-
Charitable activities
Healthy recreation and education
**7**
149,432
280,654
**Total charitable expenditure**
149,432
280,654
**Total resources expended**
156,573
280,654
**Net income/(expenditure) for the year/**
**Net movement in funds**
(14,946)
-
Fund balances at 1 July 2019
375,589
-
**Fund balances at 30 June 2020**
360,643
-|**Total**
**2020**
**£**
292,682
92,987
35,004
1,608
422,281
7,141
430,086
430,086
437,227
(14,946)
375,589
360,643|
|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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## **NEWCASTLE RUGBY FOUNDATION**
## **BALANCE SHEET**
## **AS AT 30 JUNE 2021**
|**Notes**
**Current assets**
Debtors
**12**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**13**
Net current assets
**Income funds**
**14**
Unrestricted funds|**2021**
**£**
148,507
327,994
476,501
(37,316)|**2020**
**£**
**£**
365,024
162,339
527,363
(166,720)
439,185
439,185
439,185|**£**
360,643
360,643
360,643|
|---|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2021.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The accounts were approved by the Trustees and authorised for issue on 30 March 2022
## **M C Hogan Trustee**
## **Company Registration No. 05271148**
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## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **1 Accounting policies**
## **Charity information**
Newcastle Rugby Foundation is a private company limited by guarantee incorporated in England and Wales. The registered office is Kingston Park, Brunton Road, Kenton Bank Foot, Newcastle Upon Tyne, NE13 8AF.
## **1.1 Accounting convention**
The accounts have been prepared in accordance with the charity's memorandum of association, the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. This includes taking into account the potential impact of COVID-19 to ensure that cashflow is positively managed and the impact to the charity’s operations are mitigated. The Board has concluded that the going concern assumption is appropriate in preparing these financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Incoming resources**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount.
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## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021**
## **1 Accounting policies**
## **(Continued)**
## **1.5 Resources expended**
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.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Resources expended are included on an accruals basis.
Certain expenditure is directly attributable to specific activities and has been included in those expenditure categories.
Other costs, which are attributable to more than one activity, are apportioned on the basis of an estimate of the proportion of time spent by staff on those activities, Governance costs are those incurred in the Trust and primarily associated with constitutional and statutory requirements.
## **1.6 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.7 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled.
- 15 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021**
## **1 Accounting policies**
## **(Continued)**
## **1.8 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 16 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021**
## **3 Donations and grants Current financial year**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Donations and gifts
21,700
-
Grants received
-
272,237
Government grants recieved
-
81,978
21,700
354,215
**Prior financial year**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Donations and gifts
12,028
-
Grants received
-
204,476
Government grants recieved
76,178
12,028
280,654
**Analysis of grants received**
Hitz
-
24,250
PRL - Greggs
-
20,051
Project Rugby
-
17,041
Sky Try
-
71,495
MLAP
-
Academy
-
7,898
Tynemet
-
17,049
North of Tyne / RFL
-
10,000
South of Tyne / RFL
-
7,500
Heritage Lottery Fund
-
44,773
Action for Children
-
10,250
Project Rugby Champions
-
2,500
Quorn
-
8,000
Tyne Met Kit
-
2,525
Elm Student Group
-
18,905
County Durham funding
-
10,000
-
272,237|**Total**
**2021**
**£**
21,700
272,237
81,978
375,915
**Total**
**2020**
**£**
12,028
204,476
76,178
292,682
24,250
20,051
17,041
71,495
-
7,898
17,049
10,000
7,500
44,773
10,250
2,500
8,000
2,525
18,905
10,000
272,237|**Total**
**2020**
**£**
12,028
204,476
76,178
292,682
**Total**
**2019**
**£**
5,545
363,634
369,179
17,095
22,397
87,694
17,500
8,000
7,898
28,315
5,000
2,500
4,477
3,600
-
-
-
-
-
204,476|
|---|---|---|
- 17 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021**
## **4 Charitable activiti es**
|Training camps
**5**
**Other trading activities**
Fundraising events
Match day lottery
Other trading activities
**6**
**Other income**
Other income
**7**
**Charitable activities**
Operating costs
Publicity and promotion
Share of support costs (see note 9)
Share of governance costs (see note 9)
**Analysis by fund**
Unrestricted funds
Restricted funds||
|---|---|
- 18 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021**
## **8 Raising funds**
||**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|_Fundraising and publicity_|||
|F undraising events and lotteries|2,667|7,141|
## **9 Support costs**
|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Staff costs
289,048
-
General administrative expenses
33,178
-
Travel, subsistence and entertainment
9,598
-
Legal and professional
1,888
-
Marketing and sponsorships
36,069
-
Independent examiner - examination fees
-
1,800
369,781
1,800
**Analysed between**
Charitable activities
369,781
1,800|**2021**
**£**
289,048
33,178
9,598
1,888
36,069
1,800
371,581
371,581|**2020**
**£**
305,636
45,056
12,549
1,969
5,611
2,400
373,221
373,221|
|---|---|---|
The charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Having identified its governance costs, the remaining support costs together with the governance costs are allocated to the charitable activity undertaken in the year.
## **10 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
- 19 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021**
## **11 Employees**
## **Number of employees**
The average monthly number of employees during the year was:
|
**Employment costs**
Wages and salaries
Social security costs
There were no employees whose annual remuneration was £60,000 or more.
**12**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Other debtors
Prepayments and accrued income
**13**
**Creditors: amounts falling due within one year**
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income|**2021**
**Number**
17
**2021**
**£**
268,932
20,116
289,048
**2021**
**£**
77,339
35,653
35,515
148,507
**2021**
**£**
8,314
3,854
1,365
23,783
37,316|**2020**
**Number**
14
**2020**
**£**
288,447
17,189
305,636
**2020**
**£**
66,309
297,820
895
365,024
**2020**
**£**
22,165
2,900
569
141,086
166,720|
|---|---|---|
- 20 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021**
## **14 Funds**
## **Current financial year**
|**Current financial year**|||||
|---|---|---|---|---|
|||**Movement**|**in funds**||
||**Balance at 1**|**Incoming**|**Resources**|**Balance at 30**|
||**July 2020**|**resources**|**expended**|**June 2021**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|General|360,643|109,188|(30,646)|
439,185|
|**Restricted funds**|||||
|General|-|81,978|(81,978)|
-|
|Hitz|-|24,250|(24,250)|
-|
|PRL - Greggs|-|20,051|(20,051)|
-|
|Project Rugby|-|17,041|(17,041)|
-|
|Sky Try|-|71,495|(71,495)|
-|
|Academy|-|7,898|(7,898)|
-|
|Tynemet|-|17,049|(17,049)|
-|
|Heritage Lottery Fund|-|44,773|(44,773)|
-|
|Project Rugby Champions|-|2,500|(2,500)|
-|
|Quorn|-|8,000|(8,000)|
-|
|Tyne Met Kit|-|2,525|(2,525)|
-|
|Action for Children|-|10,250|(10,250)|
-|
|North of Tyne / RFL|-|10,000|(10,000)|
-|
|South of Tyne / RFL|-|7,500|(7,500)|
-|
|Elm Student Group|-|18,905|(18,905)|
-|
|County Durham|-|10,000|(10,000)|
-|
||-|354,215|(354,215)|
-|
|**Total funds**|**360,643**|**463,403**|**(384,861)**|
**439,185**|
Further details of the restricted funds can be found in the Trustees report.
- 21 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021**
|**14**|**Funds**||||**(Continued)**|
|---|---|---|---|---|---|
||**Prior financial year**|||||
||||**Movement**|**in funds**||
|||**Balance at 1**|**Incoming**|**Resources**|**Balance at 30**|
|||**July 2019**|**resources**|**expended**|**June 2020**|
|||**£**|**£**|**£**|**£**|
||**Unrestricted funds**|||||
||General|375,589|141,627|(156,573)|
360,643|
||**Restricted funds**|||||
||General|-|76,178|(76,178)|
-|
||Hitz|-|17,095|(17,095)|
-|
||PRL - Greggs|-|22,397|(22,397)|
-|
||Project Rugby|-|87,694|(87,694)|
-|
||Sky Try|-|17,500|(17,500)|
-|
||MLAP|-|8,000|(8,000)|
-|
||Academy|-|7,898|(7,898)|
-|
||Tynemet|-|28,315|(28,315)|
-|
||Heritage Lottery Fund|-|4,477|(4,477)|
-|
||Try to Sign|-|-|-|-|
||Action for Children|-|3,600|(3,600)|
-|
||North of Tyne / RFL|-|5,000|(5,000)|
-|
||First Class Supply School Connections|-|-|-|-|
||South of Tyne / RFL|-|2,500|(2,500)||
|||-|280,654|(280,654)|
-|
||**Total funds**|**375,589**|**422,281**|**(437,227)**|
**360,643**|
## **15 Related party transactions**
There were no disclosable related party transactions during the year (2020 - none) .
- 22 -