**Charity registration number 01107851**
**Company registration number 05271148 (England and Wales)**
## **NEWCASTLE RUGBY FOUNDATION**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **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|
|**Secretary**|M J 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|
||Newcastle City 9|
||Leicester|
||LE87 2BB|
|**Solicitors**|Ward Hadaway|
||Sandgate House|
||102 Quayside|
||Newcastle upon Tyne|
||NE1 3DX|
## **NEWCASTLE RUGBY FOUNDATION**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 6|
|Independent examiner's report|7|
|Statement of financial activities|8 - 9|
|Balance sheet|10|
|Notes to the accounts|11 - 19|
## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2022**
The trustees present their annual report and financial statements for the year ended 30 June 2022.
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 2019).
## **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.
Established in 2005, Newcastle Rugby Foundation (reg. 1107851) is the official charity of Newcastle Falcons and Newcastle Thunder professional rugby teams. The charity comprises of two sections, Falcons Community and Thunder Community.
Each year we work with 15,000+ people in the North East and Cumbria in some of the most deprived communities to activate positive change.
## **Our purpose**
Making RUGBY+ the positive difference that changes lives for good
## **Our Values**
Positive Energy
Let’s make connections
Up for a challenge
Supportive and caring
- 1 -
## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2022**
## **Theory of Change**
During the covid period, the Foundation re-evaluated its purpose and as such our theory or change that forms the basis for planning, ongoing decision-making, and evaluation.
The process of completing the theory of change has encouraged our organisation to reflect on our goals, plans and develop a refreshed strategy. This process was aided by professional help from Goodlabs to guide the process.
## **Achievements and performance**
The year has seen a period of recovery and change for our charity and the communities we aim to support. This season we re-evaluated our purpose, values and theory of change and brand values to ensure the Foundation was still working for the communities in which we operate in an ever-changing world post-pandemic. The Foundation continued to deliver the remaining projects which had been due to take place during the previous year but had been affected by covid. The Rugby League World Cup 2021 was postponed which had an impact of the work of our rugby league arm, Thunder Community. A first full season back for our rugby union clubs meant a different approach was made to rebuild rather than grow this season.
Throughout this period, there have been many successes for the Foundation as we have continued to work with
a wide variety of participants.
This season saw a bigger commitment to supporting and developing staff, many of who had been furloughed for a long period of time. This was supported by the development of committees, specifically the People Committee. Each Staff member was given a mentor and programme of additional training which will further develop next year. The Foundation were also privilege to welcome our first Ambassador in this year, Tony Underwood. As an ex-Falcons player, England international and Lions veteran as well as commercial piolet, Tony brings a wealth of experience in working in teams and is working with the Foundation staff to support our new purpose and behaviours.
During this period the Foundation has worked with 18,056 people across 25 projects
- 2 -
## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2022**
## **Falcons Community**
Due to the reduction in delivery staff from the Rugby Football Union after covid, Newcastle Rugby Foundation were able to establish a new project which was funded by Northumberland Rugby Union and enable the Foundation to pick up the gap left in support and recovery for community clubs.
Our Hitz project went onto support more young people severely affected by the effects of covid. The project aims to support young people who have experienced problems or barriers in their lives resulting in them becoming disengaged with education and services. Young people we work with need support to boost their physical and mental wellbeing and to progress to employment. Working alongside Newcastle College, we were able to increase our support to a huge 40% additional learners and improve their lives and ability to progress into further training or employment. One such learner won the community volunteer of the year award at the Premiership Rugby Parliamentary Awards presented at Westminster, while a second learner who graduated from the Hitz project was employed on an apprenticeship within the Foundation.
Our rugby development academy project based at Kingston Park Stadium grew by 54%. The programme aims to utilise enthusiasm for rugby to promote educational achievement, with the students achieving a 100% pass rate in this year.
Our participation events continued to grow back to pre-pandemic levels with coaching camps and mass participation events deserving a special mention. 5,655 young people took part across both projects.
## **Thunder Community**
Despite the effect of the postponed Rugby League World Cup, the Thunder Community side of the Foundation still developed and delivered our core work whilst also adopting two successful new projects.
This period saw the development of our first learning disabilities rugby league team, who even managed to play on the pitch at St James’ Park in front of over 35,000 fans at Magic weekend.
The North East Rugby League project also finally launched after a difficult period during the pandemic with a Hall of Fame dinner. This was the first project of its kind for the Foundation as we aimed to document the history of rugby league in the North East in a virtual museum and online archive. Past heritage players attended a dinner to formally launch the project.
We look forward to formally launching our **RUGBY+** strategy next year and progressing towards it.
## **Financial review**
In the year ending 30 June 2022 the Newcastle Rugby Foundation (the Foundation) income has increased to £640,000 (£240,000 unrestricted and £400,000 restricted) from £463,000 in the previous financial year (£109,000 unrestricted and £354,000 restricted), this is an annual growth in income of 38%.
Support costs were up by £180,000 to £551,000 in year ending 30 June 2022 from £371,000 in the year ending 30 June 2021 due to increased staff numbers, salary increases approved by Trustees, investment of reserves in developing the purpose, impact and brand values of, marketing costs and financial support for some of the rugby league programmes. This has resulted in a deficit in the year of just under £36,000.
The Board accepts the deficit recorded is due to the investment in its staff, training and development of the purpose, impact and brand values of the Foundation and are confident that going forward the Foundation will continue to be sustainable and if necessary, will make the necessary adjustments to ensure this.
The Foundation continues to have reserves of £403,000 down from £439,000 in year ending 30 June 2021. The Board are reviewing the Reserves Policy to ensure that sufficient funds are held to meet its commitments without tying up excessive funds that limit the objectives of the Foundation along with the community benefits that investing these funds can bring forward.
- 3 -
## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2022**
## **Structure, governance and management**
The charity is a company limited by guarantee and is a registered charity. The company has no share capital. All the Trustees are members of the company and guarantee to contribute £1 in the event of winding up the Foundation.
The Board of Trustees administers the charity, a Head of Foundation is appointed by the Trustees to manage the day-to-day operations of the Charity. To facilitate effective operations the Head of Foundation has delegated authority, within terms of delegation approved by the Trustees for operational matters.
In the financial year ending 30 June 2022 the Trustees have established three sub-committees to support the work of the Trustees, Head of Foundation and deliver the objectives of the Foundation, the sub-committees are:-
People – chaired by Trustee Tracey Lynch
Governance – chaired by Trustee Jeff Ball
Marketing and Commercial – chaired by Trustee Sunil Mehra
The sub-committees all have terms of reference with all Trustees allocated to a sub-committee appointed to be members together with some additional members with specialist skills and knowledge who are not Trustees, coopted onto the committees. These members are required to sign non-disclosure agreements.
## **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:
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
## **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.
- 4 -
## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2022**
## **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.
- 5 -
## **NEWCASTLE RUGBY FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2022**
## **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' report was approved by the Board of Trustees.
## **D I Ramage**
Trustee Dated: 28 April 2023
- 6 -
## **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 2022.
## **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 and on behalf of RMT Accountants & Business Advisors Ltd Gosforth Park Avenue Newcastle upon Tyne NE12 8EG**
Dated: 28 April 2023
- 7 -
## **NEWCASTLE RUGBY FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2022**
|**Current financial year**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and grants
**3**
17,865
399,748
Charitable activities
Training camps
**4**
216,470
-
Other income
**5**
6,053
-
**Total income**
240,388
399,748
**Expenditure on:**
Raising funds
**6**
12,408
-
Charitable activities
Healthy recreation and education
**7**
263,312
399,748
**Total charitable expenditure**
263,312
399,748
**Total resources expended**
275,720
399,748
**Net (expenditure)/income for the year/**
**Net movement in funds**
(35,332)
-
Fund balances at 1 July 2021
439,185
-
**Fund balances at 30 June 2022**
403,853
-|**Total**
**2022**
**£**
417,613
216,470
6,053
640,136
12,408
663,060
663,060
675,468
(35,332)
439,185
403,853|**Total**
**2021**
**£**
375,915
87,488
-|
|---|---|---|
|||463,403|
|||2,667
382,194|
|||382,194|
|||384,861|
|||78,542
360,643|
|||439,185|
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.
- 8 -
## **NEWCASTLE RUGBY FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2022**
## **Prior financial year**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and grants
**3**
21,700
354,215
Charitable activities
Training camps
**4**
87,488
-
**Total income**
109,188
354,215
**Expenditure on:**
Raising funds
**6**
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 (expenditure)/income 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|
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.
- 9 -
## **NEWCASTLE RUGBY FOUNDATION**
## **BALANCE SHEET**
## **AS AT 30 JUNE 2022**
|**Notes**
**Current assets**
Debtors
**12**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**13**
Net current assets
**Income funds**
Unrestricted funds|**2022**
**£**
257,132
203,871
461,003
(57,150)|**£**
403,853
403,853
403,853|**2021**
**£**
148,507
327,994
476,501
(37,316)|**£**
439,185|
|---|---|---|---|---|
|||||439,185|
|||||439,185|
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 2022.
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 financial statements were approved by the Trustees on 28 April 2023
**D I Ramage Trustee**
## **Company registration number 05271148**
- 10 -
**NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
## **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 2019). 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 amounts 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.
## **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 Income**
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.
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
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.
- 11 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
## **1 Accounting policies**
**(Continued)**
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 payments 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.
## **1.8 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
- 12 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
## **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.
## **3 Donations and grants Current financial year**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Donations and gifts
17,865
-
Grants received
-
399,748
Government grants recieved
-
-
17,865
399,748
**Prior financial year**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Donations and gifts
21,700
-
Grants received
-
272,237
Government grants recieved
-
81,978
21,700
354,215|**Total**
**2022**
**£**
17,865
399,748
-
417,613
**Total**
**2021**
**£**
21,700
272,237
81,978
375,915|**Total**
**2021**
**£**
21,700
272,237
81,978|
|---|---|---|
|||375,915|
|||**Total**
**2020**
**£**
12,028
204,476
76,178|
|||292,682|
- 13 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
|**3**
**Donations and grants**
**Analysis of grants received**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Academy
-
11,905
Action for Children
-
2,000
Co Durham - grant funding
-
500
Rise North East
-
3,950
Elm Student Group
-
-
Heritage Lottery Fund
-
55,782
Hitz
-
53,105
North of Tyne / RFL
-
15,000
Project Rugby
-
99,066
Project Rugby Champions
-
500
Quorn
-
-
Rugby League Development Plan
-
10,000
Sky Trust
-
-
South of Tyne / RFL
-
15,000
Tees Valley Project
-
15,000
Thunder Community Funding
-
15,000
Thunder Fit Programme
-
4,940
Tyne Met Kit
-
-
Tynemet
-
98,000
-
399,748
**4**
**Charitable activities**
Training camps
**5**
**Other income**
Other income|**(Continued)**
**Total**
**Total**
**2022**
**2021**
**£**
**£**
11,905
24,939
2,000
10,250
500
10,000
3,950
-
-
18,905
55,782
44,773
53,105
24,250
15,000
10,000
99,066
20,051
500
2,500
-
8,000
10,000
-
-
71,495
15,000
7,500
15,000
-
15,000
-
4,940
-
-
2,525
98,000
17,050
399,748
272,237
**2022**
**2021**
**£**
**£**
216,470
87,488
**2022**
**2021**
**£**
**£**
6,053
-|**(Continued)**
**Total**
**Total**
**2022**
**2021**
**£**
**£**
11,905
24,939
2,000
10,250
500
10,000
3,950
-
-
18,905
55,782
44,773
53,105
24,250
15,000
10,000
99,066
20,051
500
2,500
-
8,000
10,000
-
-
71,495
15,000
7,500
15,000
-
15,000
-
4,940
-
-
2,525
98,000
17,050
399,748
272,237
**2022**
**2021**
**£**
**£**
216,470
87,488
**2022**
**2021**
**£**
**£**
6,053
-|
|---|---|---|
|||272,237|
|||**2021**
**£**
87,488|
|||**2021**
**£**
-|
- 14 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 30 JUNE 2022**
## **6 Raising funds**
|_Fundraising and publicity_
Fundraising events and lotteries
**7**
**Charitable activities**
Operating costs
Coaching camp costs
Publicity and promotion
Share of support costs (see note 8)
Share of governance costs (see note 8)
**Analysis by fund**
Unrestricted funds
Restricted funds|**2022**
**£**
12,408
**2022**
**£**
51,205
27,160
33,931
112,296
548,304
2,460
663,060
263,312
399,748
663,060|**2021**
**£**
2,667|
|---|---|---|
|||**2021**
**£**
5,326
-
5,287|
|||10,613
369,781
1,800|
|||382,194|
|||27,979
354,215|
|||382,194|
- 15 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
## **8 Support costs**
|**Support costs**||||
|---|---|---|---|
|Staff costs
General administrative expenses
Travel, subsistence and entertainment
Legal and professional
Marketing and sponsorships
Independent examiner - examination fees
**Analysed between**
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
429,536
-
43,098
-
20,773
-
26,183
-
28,714
-
-
2,460
548,304
2,460
548,304
2,460|**2022**
**£**
429,536
43,098
20,773
26,183
28,714
2,460
550,764
550,764|**2021**
**£**
289,048
33,178
9,598
1,888
36,069
1,800|
||||371,581|
||||371,581|
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.
## **9 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **10 Employees**
## **Number of employees**
The average monthly number of employees during the year was:
|**Employment costs**
Wages and salaries
Social security costs|**2022**
**Number**
19
**2022**
**£**
401,884
27,652
429,536|**2021**
**Number**
17|
|---|---|---|
|||**2021**
**£**
268,932
20,116|
|||289,048|
There were no employees whose annual remuneration was £60,000 or more.
## **11 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
- 16 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
## **12 Debtors**
|**Debtors**|||
|---|---|---|
|**Amounts falling due within one year:**
Trade debtors
Other debtors
Prepayments and accrued income|**2022**
**£**
118,419
35,426
103,287
257,132|**2021**
**£**
77,339
35,653
35,515|
|||148,507|
## **13 Creditors: amounts falling due within one year**
|**Creditors: amounts falling due within one year**|||
|---|---|---|
|Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income|**2022**
**£**
8,843
2,406
2,061
43,840
57,150|**2021**
**£**
8,314
3,854
1,365
23,783|
|||37,316|
Deferred income comprises advance camp sales related to next financial year.
|Balance as at 1 July 2021
Amount released to income
Amount deferred in year|**2022**
**2021**
**£**
**£**
21,383
109,273
(21,383)
(109,273
44,130
21,383
44,130
21,383|**2022**
**2021**
**£**
**£**
21,383
109,273
(21,383)
(109,273
44,130
21,383
44,130
21,383|
|---|---|---|
|||21,383|
- 17 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
## **14 Funds**
## **Current financial year**
|**Current financial year**|||||
|---|---|---|---|---|
|||**Movement**|**in funds**||
||**Balance at 1**|**Incoming**|**Resources**|**Balance at 30**|
||**July 2021**|**resources**|**expended**|**June 2022**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|General|439,185|240,388|(275,720)|403,853|
|**Restricted funds**|||||
|Academy|-|11,905|(11,905)|-|
|County Durham|-|500|(500)|-|
|Cramlington Rockets|-|3,950|(3,950)|-|
|Hitz|-|53,105|(53,105)|-|
|Project Rugby|-|99,066|(99,066)|-|
|Project Rugby Champions|-|500|(500)|-|
|Rugby League Development Plan|-|10,000|(10,000)|-|
|Rugby League World Cup|-|15,000|(15,000)|-|
|Thunder Community Funding|-|15,000|(15,000)|-|
|Thunder Fit Programme|-|4,940|(4,940)|-|
|Thunder Heritage Project|-|55,782|(55,782)|-|
|Tynemet|-|98,000|(98,000)|-|
|North of Tyne / RFL|-|15,000|(15,000)|-|
|South of Tyne / RFL|-|15,000|(15,000)|-|
|Action for Children|-|2,000|(2,000)|-|
||-|399,748|(399,748)|-|
|**Total funds**|**439,185**|**640,136**|**(675,468)**|**403,853**|
Further details of the restricted funds can be found in the Trustees report.
- 18 -
## **NEWCASTLE RUGBY FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022**
## **14 Funds**
**(Continued)**
## **Prior financial year**
|**Prior 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)|-|
|Academy|-|7,898|(7,898)|-|
|Action for Children|-|10,250|(10,250)|-|
|Co Durham - grant funding|-|10,000|(10,000)|-|
|Elm Student Group|-|18,905|(18,905)|-|
|Heritage Lottery Fund|-|44,773|(44,773)|-|
|Hitz|-|24,250|(24,250)|-|
|North of Tyne / RFL|-|10,000|(10,000)|-|
|PRL - Main partner|-|20,051|(20,051)|-|
|Project Rugby|-|17,041|(17,041)|-|
|Project Rugby Champions|-|2,500|(2,500)|-|
|Quorn|-|8,000|(8,000)|-|
|Sky Trust|-|71,495|(71,495)|-|
|South of Tyne / RFL|-|7,500|(7,500)|-|
|Tyne Met Kit|-|2,525|(2,525)|-|
|Tynemet|-|17,050|(17,050)|-|
||-|354,215|(354,215)|-|
|**Total funds**|**360,643**|**463,403**|**(384,861)**|**439,185**|
## **15 Related party transactions**
There were no disclosable related party transactions during the year (2021 - none).
- 19 -