RUGBY BAREBOARDS TRUST {A COMPANY LIMITED BY GUARANTEE) FINANCIAL STATEMENTS 31 AUGUST 2023 Company registered number 05217928 Charty registered number 1108493
RUGBY BAREBOARDS TRUST (A COMPANY LIMITED BY GUARANTEEI CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 Page Company inforynation Trustees. report Independent examineffs report to the Iruslees Statement of financial activities Balance sheet Notes
RUGBY BAREBOARDS TRUST (A COMPANY LIMITED BY GUARANTEE} COMPANY INFORMATION 31 AUGUST 2023 STATUS The organisalion is a charitable company limited by guarantee, incorporated on 31 August 20Tr4 and registeftd as a charity on 8 March 2005, regtstered number 1108493. Prior to being incorporated the organisalion h8d carried on its actNities as 8 non limited chartty, registered number 1045350. The comp8ny was established under a Memorandum of Association which established the objeets and powers of the charitable company and is g0Vem under ils Articles of Association. Under those Articles, all the trustees at the first annual general meeting shall retire from offi, and at every subsequent annual general meeting one third of the trustees who are subject to retirement by rotation or, if their number is not a muttiple of three, the number nearest to one third shall retire from tsffice. The number of trustees shall not be less than three but {unless othÈTwise determined by ordinary resolLrtionl shall not be subjeet tg a maximum_ DIREcTORsRuSTEEs L M Kennedy-George (resigned 31107120231 W H Lewis C P B Mahhouse REGISTERED OFFICE 36 Warren Road Rugby Warwickshire CV22 5LG ACCOUNTANTS Cottons Specialist SeNices Ltd Chestnut Field Rugby Warwickshire CV212PD Page 1
RUGBY BAREBOARDS TRUST IA COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT 31 AUGUST 2023 The ITUStees (who are the directors of the company for the purposes of the Companies Act 20061 present their report and the financial slalements of the charity for the year ended 31 August 2023. Principal activity The company is a charity and exists for the relief of poverty among persons living in Rugby and its environs by means of the collection, renovation and distribution of furniture, curtains and other household effects, in any way that the Charity's Executive Committee shall think fft. Trustees The trustees of the company during the year were as follows.. L M Kennèdy-George (rèsigned 31107120231 W H Lewis C P B Malthouse Small company exemptions This report is prepared in accordan with the special provisions of part V11 of the Companies Act 2006 relating to small companies. On b8half of the board W H Lewis Director Page 2
Independent Examiner's Report to the Trustees of Rugby Bareboards Trust I reportto the chaFty truees on my exaTninat'on of the accounts of the company for the year ended 31 August 2023 which are set out on pages 4 to 10. Responsibilities and basis of report As the charity trustees of the company land abo its direcloffs forthe purFX)ses of company lawl you are responsible for the preparab.on of the accounts in accordance with the requiremènts of the Companies Act 20Cb {'Ihè 20QE Act'l. HaviThJ satisfied MYSethat the aOnts ofthe company are not qUired to be audtied under Part 16 ofthe 20C6 Act and are eligible for independent examination, I repKIrt in respect of rny examination of your company's accounts as carried out under section 145 of the Charib"es Act 20111'the 2011 ACVI. In cawwng out my examination I have ft)Ilow the Directions given by the Chanty Commission under sethon 145151(bl of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in eonneclion kwth the examination giving me uSe lo believe that in any material respect.. a(xounting records were not kept in respect of the company as required by section 386 ofthe 2006 A< or 2. the accounts do not accord wf(h those records", or 3. the accounts do not comply with the accounting qUIrementS of section 396 of the 2006 Act olherthan any requirement Ihatthe aoUnts gNe a'true and fair view which is not a matter corEidered as part of an independent examination,. Dr 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practi for accounting and reporting by charths [appliab to charrbe8 preparing their accounts in accordanTr wlh the Financial Reporting Standard applicable in the UK and Republic of lffland IFRS 10211. I have no COnrS and have (x)me across no other matters in connection wrth the ex8rninatDn to Wh attenb'on should be drawn in this reEX)rt in order lo enable a proper understsnding ofthe accounts to be reached. Name.. Dave Ingram FCCA Cottons Specialist Services Limited Chartered Auntants Chestnut Field Hou Chestnut Field Rugby CV212PD Date.. 4 April 2024 Page 3
RUGBY BAREBOARDS TRUST IA COMPANY UMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023 2023 Total Funds 2022 Total Funds Unr8Strieted Funds Restricted Funds Note Incoming resources Donations & Grants 1,140 1,140 1,119 Shop takings 33.279 33,279 31,097 Paypal takings 13 13 Recycling 1,146 1,146 1.036 Interest receivable 278 278 27 Gfft-Aid tax relief 2.825 2,825 1,440 Government ftJrfough stheme 263 Total in¢omlng resources 38,682 38,682 34,982 Resources expendad Managing and Administering 53,121 53,121 64,850 Totsl resources expended 53,121 53,121 64,850 IDefi¢it)Isurplus forthe year 114,4391 114,4391 (29,8681 Total funds brought forward 189,710 189,710 219,578 Total fund5 carri8d forward 175,271 175,271 189,710 Page 4
RUGBY BAREBOARDS TRUST IA COMPANY LIMITED BY GUARANTEE} BALANCE SHEET AT31 AUGUST 2023 2023 2022 Note Fixed assets Tangible assets 135,400 135,400 Current assets Other debtors 114 2,784 Prepayments 3,191 2,717 Cash at bank and in hand 38,546 50,776 Creditr)rs'. amounts falling due within one year 1,980) 11,9671 Net current assets 39,871 54,310 Total assets less current liabilities 175,271 189,710 175,271 189,710 Unrestricted funds General 175,271 189,710 Restrictad funds Totsl funds 175,271 189,710 nunued.... Page 5
RUGBY BAREBOARDS TRUST (A COMPANY LIMITED BY GUARANTEEI BALANCE SHEEf IconlAnu9dl AS AT 31 AUGUST2023 For the year ended 31st August 2023 the company was enliued to exemption from audit under section 477 (21 of the Companies Act 2006. The members have not wuired the company to obtsin an audit in ac¢ordanGe section 476 of the Companies Act 2006. The tnjstees acknOedge their responsibility for i) Ensuring the company keeps auting records which comply with section 386.. and ill Preparing acwunts which give a true and fair view of the stsle of affairs of the company as at the end of the finanaal year, and of rts profit or loss for the finaneial year, in accordance with the requirements of secb.on 393, and which otherwise Comply wth the requirements of the Cornpanies Act relating to accounts, so far as is applicable to the company. ON BEHALF OF THE BOARD W H Lewis (Trusteel Approved by the board of directors on ...... ..... Page 6
RUGBY BAREBOARDS TRUST IA COMPANY LIMITED BY GUARANTEEI NOTES ON THE FINANCIAL sTATEmErs 31 AUGUST 2023 1 Acoounting poll¢ie5 Basis of accounting These a¢¢ounts have been prepared under th& historical cost convention and in a(Ordance applie2ble a¢¢ounling standards and the statement of Recommended Practice on Accounting by Gharities. Income Grants, ineluding grants for purchase of fixed assets, 3re recognised in full in the year in which they are reTrived. Voluntary Income, re1Ve& by way of donati¢ns and gffts, is included in full in the year in whlch they are reiVed. Incoming restsuTces from the charity shop and frorTt investm$nts is induded when rèeeived. Tangibl8 flxed assets Land and buildings are capitallsed at theii trriginal cost and are not depreciated. Any signfflcant improvèments to land and buildings are copitslised at their original cost and are not depreciated. The trustees consider that the cost of carrying out a professional valuation to include land and buildings at their current value would be eX$S1v&. en comp8red to tho limited add"On#] benefit lo the user of th¢ financial statements. Oepreeiation DepclaI10n of fixeil assets is calculated to write ¢)ff their cost or valuation less any residual vslue over their estimated uselul lrfe as foll¢)w8 Freehold land and buildings Plant and machinery 25,/0 Straight line Computer & Office Equipment 25% straight lin8 Funds UnreStcted funds are rlonations and othor incoming resourc8s receivable or generated for the objects ol Ihe charity wthout further specified purpose and are available as genar*ed funds. Designated funds are UnstrICted ftjnds earmarked for 8 p8rb¢ular purpDSe. Restrictèd funds a to be used for a specffic purpo$es as lald down by the donor. Page7
RUGBY BAREBOARDS TRUST IA COMPANY UMITED BY GUARANTEEI NOTES ON THE FINANCIAL STATEMENTS 31 AUGUST20rJ 2 Management & administration 2023 2022 Staff costs Van expeftsos Repairs Rent Light and heat Rates and water Insurance PrÈnting, postsg¢. stationery and advesIrtg Telephone CompLEter expenses PPE Equipment Waste tipping Sundry expenses Aethunts fees Bank charges 34,980 4,325 267 3,413 1,269 2.274 2,612 88 951 215 44,305 3,955 65 6,300 1,630 2,400 2,384 85 858 135 43S 361 1.128 779 435 305 1,201 792 53,121 64,850 Paga 8
RUGBY BAREBOARDS TRUST IA COMPANY LIMtTED BY GUARANTEEI NOTES ON THE FINANCIAL STATEMENTS 31 AUGUST 2023 3 Taxation The charitable company is exempt from corporation 18x on És charEtable activities. 4 Tangible fjxed assets Freehold Land & Building5 Plznt and Machinery Computer & Office Equ¢pm8nt Total Cost or valuation 1 September 2022 Additions Dtsposals 31 August 2023 135,40Q 16,000 790 152,190 135,400 16,000 790 152,190 Depcl19n 1 September 2023 Charge for the year Elim. Depreciation 31 August 2023 16,000 16,790 16.000 16,790 Net book amounts 31 August 2023 135.400 135,400 31 August 2022 135,400 135,40L) S Debtors amounts falling due within one year 2023 2022 Other debtors 113 2.784 113 2,784 6 Creditors- amounts falling due within one year 2023 2022 Accruals and dèferred income Taxation and social security Other ¢reditors 1.863 104 136 1,980 1,967 Pago 9
RUGBY BAREBOARDS TRUST IA COMPANY LIMITED BY GUARANTEEI NOTES ON THE FINANCIAL sTATEmEs 31 AUGUST 2023 7 kqovement in funds General Funds Designated Funds R¢stricted Funds Total Fund$ Balance brought foTward Movement in funds for the year 189,710 114,4391 189.710 114,4391 Bajance carried forward 175,271 175.271 8 Analysis of net assets between funds General Funds Dgsignated Funds Restricted Funds Total Funds Tangiblè fLKed assts Current assets Current liabilthes 135,400 41,851 11,9801 135,400 41,851 11,9801 175,271 175,271 Page 10