Coiiipany iegistratitsii nunibey.. 06316284 Chai'ity i'egisti'atiott Jiuinbei.: 1122462 Dewsbury Rams RLFC Trust (A cojllpany liinited by guaiantee) Aiinual Report 8nd financial Statenieiits foi. the YeaL' Ended 30 Noveit)ber 2023
Deivsbury Rams RLFC Trust Contents Tyustees. Report to2 Iiidependent Exat)iinels Report Siateinent of Fiiiancial Activities Balance Sliect Notes to th¢ Financial Siateineiits 6t0 12
Dewsbury Rams RLFC Trust Trustees, Report Tlie Iriislees, who are dii'ectoj? for tlie piirposes of company law. present tlie annual repoil togethci. Ivitl) tlie financial statei)iehts of the chai'ilable company foi. the year ended_30 Noveinbei. 2023. Objectives Aiid actLVities ObJe¢lS rtiid ¢iliiis Tlie pi'incipal objeetiwe of tlie cliarity continue5 to be to PLX>lllOte toimihiinity Pkrticipatiort in Iiealtliy recreation and Ihe promotioii of healtl)y life%tyle% by plvId1n8 facilitics for peoplc to participate in Rugby League otliei. spoiiing activities for tlie public benefit it) liiie wid) Cl)arity Coiiijnissioii Guidanee iji Lx)tli tlie shoit tertti in regards to (liis yeai. Objeclives, slrulegie.f Nnduclivilies The stadiuni i5 now beiiig fully utilised witli tlie 4G pit¢l)es ai our disposal. Some of tlie sui'pluses that liave be¢Ji built p over tlie yeais can now be slowly atid pi'udenily Irleased ovei. the long¢i' teriii and a¢ces%¢d to fui11ier acliieve thc tliai'ity's 2inis aiid objccitves. '[ o achlcve these staled aiiiTrs a?Id objectives in 8 cooi'diiiated nianner it is Iie¢essary to build up 8 11)odest level of reserves iti ili¢ sliort tel1. PEiblic beiiefil Tlie ITUStees Confirm tl)at tliey liave ¢omplied iyitli tlie requiienients of se¢iioii 17 of (lie Cliarities Act 2011 to liave due regai'd to the piiblic behefit guidance publisl)ed by tlie Cl)ariiy Coiniiiission for England and Wales. Fin#ntlg1 Yeview Tlie deficit for Ilie ye2r of £6,085 lias deci'eased th¢ reserves of the trust fvom £24.2.$9 at tlie stait of the year to £18,174 al 30 NoVelbel. 2023. Policy oil i'e&ei'ves We plan to iitilise ilie stadium and 4G pitclies aiid increase the outreacli work for wliich the surpluses have been built PIAns foi. future pei'iod5 AIJILS uiidkéy objectives forfiiliirepeiiods There are plans for sehool cainps to be lield alld Car boot 9ales to continue and Ilie level of achievenient of the aims will be dependent oi) Ilie contiiiuing iii¢oine froni such fund raisiiig. Ti'u$tees Aijd offjcei The Iriistees aiid officeiE seivit)g during the year and siiice the year end were as follows.. Trustees.. A DJ FaiiN)w M A Sawyer R Waddington M Fenteiii IresE8ned l Api'il 20241 Sti'ueturey govei'iJAnce And inAIiAgeineiit Jvuiiire vfgf)iiei'iilii&* do¢iiiiieiil Meinoiandum and Aiticles of A8%ociation datcd 18 July ?007. Page I
Png¢ ?
Dewsbury Rams RLFC Trust liidependent Examiiiey's Repoi't to ¢lie trustees of Dewsbury Rams RLFC Trust ('the Company,) I repoi'l to the charity tiustees oil IY exaiiiination of ihe acContS of tlie ¢hariry for die year elided 30 Noweiiiber 2023 wliich ale set out on pages 5 to 12. Responsibilitie5 anil ba$ls of report As tlie chai'ity's Ii'ustees of the Coinpaiis {and also ils dii'ectors foi. tlie puiyoses of eon)pany laivl you arc responsible for tlie preparai&un of Ihe accoun15 ill atLoi'dance will) tlie requii'enients of tlie Compl¢ nies Act 20061'tl)e 2006 Act,). Haviiig satisfied iiiyself that tlie accounts of tlie Conipany are iiot requiiTd to be audited under Part 16 of the 2006 Act and arc ¢ligihle for iiidepethdeni exa171ination, l Yeport in iespect of Iny exaniiiiatioti of yoiii. chai'ity's aecoiinl% as cari'ied out under seciion 145 01 the Chariiies Act 2011 ('Ilie 2011 Aci,). Iii carryTng out rtiy exainination I Iiave followed tl)e Diirctions given by Ilie Cliayily Coniiiiissioii uiidei. 5e¢lion 145{5llbl of tlie 2011 Aci. Independent exgminer's $tatemtn¢ have ci)i))pleted niy exarniiiation. I Colifr that no Inatters have come to niy atleiition in coniie¢tioii with the exainiiiatioN giving me ¢ause to believe.. aecountEng recoi'ds were not kept in respec¢ of Dewsbuiy Rams RLFC Trust as iequired by sectioii 386 of tlie 2006 Act; oi. 2. the a¢¢ounts do iiot accord with tliose records: or 3. the accounts do not coinply witli tlie accoun¢ing requii'eJiietit5 of se¢tion 396 of Ilie 2006 A¢t other than Itquiremeni iliai tl)e accounts give a 'lrue and fail. view, wlijch is not a matteff Constdered as paii of an independent exaimination., or 4. Ilie accounts liave iiot been prepared in accordance with tlie nietliods aiid pi'inciples of the Siateinent of Re¢onimcnded Practice for a¢coui)tiiio aiid Yepoiting by cliarities lappli¢able to cliaTilies Iirei)aring Ilieir account5 IE) accordaiice with Élie Financial Reporling Standard applicable in the Ul< and Republie of li'elaiid {FRS 10211. have iio ¢on¢ems and have come a¢ross no other matters iii connectioii willi the exaJiiinatioJi io ivhi¢l) attentioii sliould be draivn iii tliis report in order to enable a proper uNdeisianding of Ilie accouiils to b¢ reac11ed. Mark C. Wilcock FCA IL)dependeni Exaniinei. Wais011 Bu¢kle Liiiiiod Cliartei'ed Accountaots Bixdfoi'd l July 2024 Page 3
Dewsbury Rani.s RLFC Trust Statement of Financial Aetivities for the Yeai. Ended 30 Novembei. 2023 {Ineluding Inconie and Expenditure Accoiint) Unrestl'iLt¢d ruiids TotAI 27 Novenibei. 2021 to30 November 2022 'rotAI 31b November 2023 General Note Intonie and eikdowmeiils froni 60,232 1,840 60,232 1.840 51,519 Totgl income Aiid endowments 62,072 62,072 51,519 Expendituj'e Cliaritable activities {68,1571 {68,1571 (41,406) Net Inoveineiil in fuiids {6.0851 6,085 Reeoneill#tioh of funds Total funds brougjit foiivard 24,259 24,259 14,146 Total funds ¢aiYied forward 18,174 18.174 24,259 There are iio reeounised gains oi. losses for tlie year otlier dia# the results above. Tlie iiotes oil pages 6 to 12 forrn ali iiitegral part of these financial statejiienis. Page 4
DLbiv$I)ury Rainy RLFC Ti'ust Illoglsti-ntloii iiijmliei.: 11631 (121141 Bllliiiice lieot li.¥ nl..ryll Nnvoml)Lbr 2023 2022 Note Fl%¢d 115015 Ttsllgible n$sclS 2.266 Dcbtora 31,578 40,436 350 31,582 40.786 Credltoi's.. Amouttts frtlllng dye tISIn onL' yeAr 6,586 6,460 ot turrcDI a55et5 24,996 34.326 TO¢ 855tts I59 cuI'rtTht Ilabllldts 26,507 36,592 112,333 Cr¢dStors'. ADJounls fallin¥ due aft¢r morc than on£ ye*r 18.3331 I EI 2ss£t5 18,1?4 24,259 Fuuds of the thority: Unrestrlcted Ihcome funds UnTe5tr1¢1¢d fvnds 18.174 24.259 Ttsial funds 24.259 For Ihc finttneial year ¢ndi)IbY 30 NoveTribcr 2023 Ilie charity was Elltiiled to cxcmoion audit und¢r setiion 477 of Ihc Conip&ni¢s A¢i 2006 rclllliiig lo Siall ¢ompaiiies. Dir¢¢tors' r¢sponsibiliLic5'. Thc m¢mber5 liuye not rcquircd Ilic cliarily iu obisin audii of lis yLcounts fw the year iii queslivD aceordance Tli¢ dir¢¢tors ackniowlcdgc their rtspollsibiliii¢s ior conip5yiiig wilh th¢ rcquircTnciits of Ihc Act with 5p¢t to ccutsiiiinLi rLtiords aiid prPJ[LlVn vfJcLuuDi¥. Thc fiiianLial stsicmeiiis on pJy¢s 4 10 12 W¢f¥• &pproiTred by the trnSi¢¢S. gDd authorisod for issue on l Jiily 2024 and M A S2iryer TJYsi¢c The noies on pagès 6 EO 11 torm u)teorAI poll of these financial swemcllts Page i
Deivsbuiy Ranis RLFC Trust Notes to the Finaneial Statements lor the Year Ended 30 Novembei. 2023 I Cli4rlty stAtus Tlie cliaiity is a ¢oJMpany liiiiited by guarantee and ¢oiisequeiEtly does iioi have sliare Capital. Each of the trustees is liable lo cotiiribute ali ai))ouni not exceeding £10 towai'ds the assets of the cliarity in tli¢ event of liquidation. These financial statements were autlioTised foT Issue by tlie IiiJstee5 on l July 2024. Tlie addit5s of Ilie registeird office is.. Owl Laiie tkwsbury West Yorksl)iir wr12 7RH 2 Aceounting policies Sumniai'y of signifiexrit aecoutititig policies Mild key accnunting estinifiles Tlie pi'incipal accounting policies applied iii the preparation of tlie5¢ fiiiaticial staieiiients are set out below. These poltetes have been consisteiitly applied to 811 the yeais presetited, uiiless otliernvi.qe stated. Stafeanent of ¢ompltRnce The financ&al staiet)iertts liave been prepaird in accordance with Accounting and Repoiting by Charities.. Statement of Recoinmetided Practice appli¢able to cliarities pirparing tli¢ir Rccoiiiils iii accordance witli tlie Fiiiaiicial Repx)rtiiig Standard applirable in ihe UK and Republic of Irelaiid Ichai'ilie% SORP IfRS 102}, die FIn1ClaI Repoi'(itJg Standard applicablc in Ilie UK atid Republic of Ireland {FRS 1021 and the Conipanies Act 2006. Basrs of pi-epAratioii n)e fiÈJancial statements have been prepaitd und¢i' tlie lii5torical cosi ¢onv¢nlion iii aecojlance ivith applicable United Kingdoiii Accoullttng Siandards. A suiminary of the principal a¢¢our)tiJig policies, wliicli liave been applied Consisicntly, except wheir noted, 15 set ou( below. Tlie coiiipany's functional and pit5Clitation currency is pouiids stei'liiig. Going concern Tlie Ii'uslees coiisider that tli¢ie arc Jio iiiatei'ial uncei'iaiiities about ihe cliic rity's ability to cotttiniie as a going nce1 or any significant i1reas of uJicei#aitily Ilial dffect Ihe carryitig value of assets held by tlie cliai-ity. Exei)IptiDii fi'oni i)i*paYiiig & casli floiv stAt¢nierit Tli¢ ¢liai'Tty lias lakeji advantage of Ihe ex¢mption aiid lias iiot incliided a cash floiv sratelent in 111ese fiiihncial statement5. rund sti'ucturt Uiii'esiricted ijicom¢ funds are 8en¢ral funds that are available for usc al ilie Irustee5' dis¢retion in fiirtliei•ne¢ of tlie objectives of the ¢hariiy. Ineonie Rnd enilowinents and Ilie aiiiount oftlie iiicome ieceivablc can be Iiieasiired reliably. Page 6
Dewsbury Ranis RLFC Trust Notes to the FinaneiAI Stalements fo). the Year Ended 30 November 2023 Expenditure All expendiiuir is Kecognised once Iheie is a legal oi. conslructive obligation 10 Iliat expendiiure, it is piDbable settleineiit is required aiid tlie ainount cali be iiieasured IEliably. All costs aye allocated lo the appliLable ¢xpei)diture heading tliat #ggKegate sijiiilai. ¢04ts lo tliat category. Wliere costs Cannot l)e dii'cctly attribu¢ed to particulai. headii)gs Ihey liave been allo¢ated oil a ba515 consistent willi the use of resouires, w5tli ceiiti31 staff costs allo¢aled oli the basis of tiinc spet)I, Ind depi'e¢iation chaiEeS allocated L)li tlie poitioN of the asset'5 Use. Oiliei. support costs #re allocated based on the spread of staff cosis. Cliuriloblc ueilvilies Cliai'itable expenditure compri.ses thosc c05t5 Ill¢Ult'ed by Ilie chai'ity iji Ilie delivciy of lis aclivitics aiid serviecs foi. its bctheficiaries. It it)cludcs botli costs tlut czn be allo¢aled directly lo su¢li activities and tliose costs of an indirect nature necessary lo suppoi'i tlieni. Government grAnts Grants are recoonised when tl)cre is ieas011abl¢ assurance Ihat the entity will ¢uinply with the coiiditions attaching 10 thein and tli¢ graiits will be received. Grants aiE measured al tlie fair value of tlie asset ie¢eiv¢d oi. receÈvable. Taxation Tlie cliai'ity 15 consideiEd to pass tlie tesis set out in ParagJ?pli I Schedule 6 of the Finance Act 2010 and therefore it tneeis tlie definition of a cliaritable company (oi. UK coi-poi'atioii lax purposes. Accoiylingly, the ¢liarity is poteiiiially exempt from taxatioii ii) respect of incoiiie oi. capital gain5 received within categories covered by Cliaprer 3 Paii I l of the Corpoi?iion Tax Aci 2010 01. Seclioii 256 of Ilie Taxatioii of Chai'geable Gains Aci 1992. to the exteiit that such inwme or gains are applied exclusively to cl)aritable pun)oses. Covernanee c05t5 These inc115de tl)e costs atti'ibutable to tlJe cl)arity'5 con)plthaiice witli constitutional and statutory ¥eqiiiiEments, including audit, strategic maiiagenient aiid trust¢e5' i))eetiiigs and IrilburSed expenses. DebtOl'S Debtoi's ale i'ecognthsed initially wlien iliey becoine due al tlie Iransa¢tion pi'ice. They are subscqueiitly ii)easlliEd at aii)ortssed ¢ost using 1Sie effcctive Iiilerest rate n)elhod, less piN)vision foi. iillpairnient. A provision for impairjiiejit of debt(¥rs is eslablislied when their is objective evide11¢e tli&t the cliai'ity will Jiot be able io collect all aiiiovnls due accordiiig lo tlie origiiial ierins of the debiors. Cash and cA5h equivalents Casl) and casli equivaltnts coiiipi'ise casli on liand and call deposits, and oilicr sliort-term higlily liquid iiivestments tIiRt al'e i'eadily conveilible to a known amoiiiit of casli and al'e siibject to an insi8llifican( i'isk ol'cliaiige iii value. Ci'editoi's Citdiloi's air ol)ligatioiis to i)ay for goods and sei'vi¢es t1iat liave been a¢quiYed by the cliarity. CiediloiE are inilially i'ecogiiise<l at tlie tiznsaction i)I'ice and siibseqiiently IneasuiEd at ainoitise(l Cost ubing Ilie effective inleresl Inetliod. FiiiMiitiAI in5ti'uments fiiiaiici31 instruincnts al'e initially recogiiised ai trnllsaction value and 5ubseqDeiiily iiJe2suird al Ilieiy seltleiiieiit value. Pa8e 7
Deiv.sbury Rams RLFC Trust Note8 to the Financial Statemethts for the Year Ended 30 November 2023 Tnngible filed Assels Individual fjxed assets are Initially i'ecorded at cost, less ony subseqiient a¢¢U1ll1at¢d depreciation and siibsequent oc¢uIMulated iiiipaii'jiiejil 105ses. DepieciAtioti aiid iniorÉisation Depreciation is provided on tan1ble fixed asscts so as to w'ite off Ilie cost or valuation, less atly estimated residual value. over tlieir expecte(f useful e¢onoiiiic life as follows.. Asset clAs5 OffIce eqiiii)Ineni Depi'eci9tion niethod And I'gte 20 % sti?iglit line 3 Income fi'tsm eliai'itable 4¢1Svitie5 Uni'estl'LLted Total 2023 TDtg1 2022 GenerAI FuMdrdising income 60,232 60,232 51,519 4 Othei- income Unre$tvicted furids GenerAI Total 2023 Grants reeeivable 1,840 1,840 Page 8
Deiysbury Rxms RLVC Trust Notes to the Fin&ncial Statements for the Year Ended 30 Novembei. 2023 5 Expenditui'e on thAritable letivities Uni'esli'ioted funds Geiiei'al Total 2023 Total 2022 Note S(aff ¢osts recharged Allocated support costs Governance costs 12,137 53,474 2,546 12.137 53,474 2,546 68.157 14.971 2_3,945 2,490 68,157 41.4a6 5.1 Analysis of governgiice And support costs Govei'nance costs Uni'tstricted Tot*1 2023 TotAI 2020 Geiiei'al lodepeiident exainiiity fees Lxaminatloll of the finan¢io1 statements 2,546 2,546 2,490 2,546 2,546 2.490 Page 9
Dewsbury Rams RLFC Trust Notes ¢0 the FinAncial Statemonts for the Year Ended 30 Novembei. 2023 AlloeAted suppoi't costs Unresti'icted funds 27 Noveiiiber 2021 to30 30 Novenibei. 2023 Noveiiibea. Gener41 2022 Rates Li8ht, Iieat and power Iiisui?nce Repairs and maintenance Bank interest payablc Bank charge5 Depreciatioii Kii'klees sliare 3.696 25,603 5,460 14,342 362 106 3,696 25.603 5,460 14,342 362 106 69 6,234 3,793 9 J34 420 755 3.150 755 3,150 755 3.225 53,474 53,474 23,945 6 Trustee$ remunei'Ation #nd expenses No trustees. nor any persons connected wilh tlieni, have iEeeived any Irniuneration frorn the chariiy during the year. No Irusttes liave I'e¢eived aiiy JEimbursed expenses or any otlier benefits fix)m the charity duriiig tlie yeai.. 7 Tangible fixed assets Furnttllre and equipnieiit Total Cost At l Dccember 2022 3,776 3.776 AI 30 Noven)ber 2023 3,776 3,776 Depi'eeihtioii At l De¢einbeT 2022 Chai'ge fo¥ (lie ye 755 755 AI 30 Novenibei. 2023 2,265 2,265 Net booli value At 30 Novetnber 2023 AI 30 Noveiilber 2022 2,266 2,266 8 Debturs 2023 2022 Oiliei- debtors 31,578 40,436 Pag¢ 10
Dewsbury Rams RLFC Trust Notes to the Financial Statements for the Year Ended 30 November 2023 9 Creditoi's: giiiouijts falllng within one yeAI' 2023 2022 Bank loans A¢¢i'iials 4,000 2,586 4,000 2,460 6,586 0,460 10 Creditoi's: amount5 falliiig due Aftei. oiie yegv 2023 2022 Baiik loan5 8,333 12.333 I l Funds BAlgnce at Deeeinbei- Balaiice at 30 Noveinber Resources expended 2022 'esouree$ 2023 UNrestYiet¢d General 24,2S9 62,072 168,1571 18.174 BalAnct At 27 November 2021 Bal%iice #t 30 November Inconiing i'esource¥ Resoure¢$ expetided 21122 Unrestrieted General 14,146 51,519 141.406 24,259 Page I I
Dewsbuiy Rams RLFC Trust Notes to the Finaneial Statements for the Year En(led 30 November 2023 12 Analysis of net &$stts between fuiids Uni'estritte(I funds Totxl fund5 At 30 Noveinber 2023 Taiigible fixed assets CuriEnt assets 31,582 16,5861 18,i331 31,582 16,5861 (8.i331 CrediloJE over l y¢ai' Total net assers 18,174 18,174 Uiireslriettd Total fuiids 4t 3Q Novembei. 2022 Genei'al Tangible fixed assets Cui'rcnt as8eis 2,266 40,786 16,460) {12,3111 2,266 40,786 16,4601 12,333) Credttots ovei. l year Total net assets 24,259 24.259 13 Reloted paJ'¢y ¢i'insActions Dui'ing Ili¢ year tlie cha'Ity Jjiade tlie followirtg related party tiansaction5'. Dewsbuiy Raitt$ RLFC {Iloldings) Limited Imie cliarity is Controlled by the Iru8tee5. two of wiiicli are also direcÉors of Dewsbury Rains RLFC (Holdings) Liniited.) Expetiditure of £62.138 12022 £34,401 I lias beeti recliarged fiDm Dewsbuiy Rams RLfc (Holdiiigs) Ltmit¢d. At Ilie balanc¢ sheet dale Ilie aii)ount diie froni Dewsbui'y Rains RLFC (Holdings) Limited was £31,57812022. £40,436). Page 12