Charity Number: 1122898 Northwich RUFC Annual Report and Unaudited Financial Statements for the financial year ended 30 April 2024
Northwich RUFC CONTENTS Page Reference and Administrative Information Trustees, Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Stalements 10-16
Northwich RUFC REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Ken Jones Colin Johnson Ronald McLaverty Andrew Chubb (Appointed 11 October 20231 Charlty Number In England and Wales 1122898 Principal Address Moss Farm Northwich Cheshire CW8 4BH Independent Examlner Steven Nixon Bsc (Hons) FCCA Langers MN Limited Chartered Certified Accountants and Registered Auditors 8-10 Galley Road Cheadle Cheshire SK8 1PY PrSn¢lpal Bankers BalayS Bank UK PLC Crewe Market stet Leicestershire LE87 28B
Northwich RUFC TRUSTEES. REPORT for the financial year ended 30 April 2024 The tnjslees present their Trustees. Report and the unaudited financial statements for the financial year ended 30 April 2024. The financial statements are prepared in accordance with the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charilies.. Statement of Recommended Practs'ce applicable to charities preparing their financial stalemenls in accA)rdanGe with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Truslees. Report contains the infomation reqUId to be provided in the Trustees, Annual Report under the Statement of Recommended Practice (SORPI guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of Northwich RUFC present a summary of its purwse. governance. activities, achievements and finances for the financial year 30 April 2024. The charity is a registered charity and although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial statements. Mission, Objectives and Strategy Objectives To advance the physical education of young people in the Vale Royal area of Cheshire15-181 by coaching and providing facilities for rugby union; to develop their physical, menlal and spiritual capabilits'es enabling them to grow lo full maturity as individuals and members of society- To assist in advancing the education of young people attending schools in the area through coaching and facilities. To advance and promote healthy participation in healthy recreats'on for the beneffil of inhabitants of Northwich and surrounding area and by providing facilities for playing Rugby Union Football. Structure, Governance and Management Structure The charity is constituted as an unincorporated charity. established by a written constitution. The goveming document of the charity is the writt8n constitution approved by th8 members and endorsed by the Charity Commission in England & Wales ICCEWI . There are no restrictions in the goveming documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law. Truslee appointment is considered by the main executive committee and follows the Charily Commission Guidance CC30"GUIDANCE'. Finding new trustees.. what charities need lo know. Revlew of Actlvltles. Achlevements and Perforn?ance The charity has continued lo provide both the facilities and the coaching io enable children and adults to participate fully in the sport of rugby union. It has also arranged for coaching to be delivered to a number of schools in the local area. Encouragingly, the junior section has buill on its already distinct reputation for inclusivity and enjoymenl for all, resulting in further growih in numbers and a strong club identity amongst children and their parenlslguardians. Mainlaining playing and atlracling volunteer numbers has been more of a challenge in respect of the senior section, but the community game as a whole has suffered the same pressures. and the trustees feel that the club has fared considerably better than many other clubs it comes into conlact with, given that il has still managed lo field two and for the most part three senior teams, and has retained a small but solid core of longstanding unpaid helpers. Financially, the charity benefitted hugely from the reopening of the rugby clubhouse and bar in September 2023, following an 11 month closure due lo an arson attack. Profits from the bar and food operalion allowed Moss Farm Community seICe$ Ltd, the wholly owned subsidiary of Northwich RUFC. to make a substantial sponsorship donation to the charity in the year. Reserves wise, the overall position remains robusl, although there was a reduction in the year. Whilst the junior section improved its capital position considerably, the senior section did nol hit its income target. due mainty lo a significant shortfall on projected oulside sponsorship, and was therefore primarily responsible for the deficit in net assetsltolal funds.
Northwich RUFC TRUSTEES. REPORT for the financial year ended 30 April 2024 The trustees are fully aware, and have made the club's executive committee and all members aware, Ihal the senior section cannot continue to overspend, and must either generate more income or reduce its costs, in order to ensure the ongoing financial viability of the charity. Ken Jones Lead Tnjslee Flnan¢lal Revlow The charity made an overall deficit of £8.215 in the year compared to a surplus of£21.075 last year. Unrestricted funds showed a deficit of £2.733 in the year compared lo a deficit of £9.356 last year. This is made up of total income of £100,723 {£76,348- 20231 and total expenditure £103,4561£85.704 -20231. Restricted funds showed deficit of £5,482 in the year compared lo a surplus of £30,431 last year. This is made up of total income of £2,0441£31,447 - 2023) and total expenditure £7,526 (£1,016 - 20231. Results Al the end of the financial year the charity has assets of £88.634 (2023 - £96.689} and liabilities of £1,71212023 £1,552). The net assets of the charity have decreased by £18.2151. Reserves Posltlon and Pollcy The trustees aim lo maintain free reserves in unrestricted funds at a level which equates to approximately months of unrestricted charitsble expenditure. The trustees consider that this is sufficient to cope wth any timing fluctuations in unrestricted income. In accordance with the Constitution, the trustees retsre by rotation and, being eligible, offer themselves for re-election. Complianco with Soctor-wide Legislation and Standards The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Northwich RUFC subscribes to and is compliant with the following- The Charities SORP IFRS 102) Availability and adequacy of assets of each of the fvnds The board of trustees is satisfied that the charity's assets in each fijnd are available and adequate to fulfil its obligations in respect of each fund. 1410112025 Approved by the Board of Trustees on and slgned on Its behalf by: Ken Jones Trustee
Northwich RUFC STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 30 April 2024 The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations. The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as al the financial year end date and of the surplus or deficit of the charity and otherwise comply wilh the Charities Act 2011. In preparing these financial statements, the trustees are required to= select suitable accounting policies and apply them consistently; make judgements and accounting estimates Ihal are reasonable and pnjdent. state whether the financial statements have been prepared in accordan with applicable accounting standards, identify those standards, and note the effect and the reasons for any material departure from those standards,. and prepare the financial slalemenls on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees confimi that they have complied with the above requirements in preparing the financial st8lements. The truslees are responsible for keeping adequate accounting records thal are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Acl 2011. 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. 1410112025 Approved by the Board of Trustees on and signed on its behalf by: Ken Jones Trustee
Northwich RUFC INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF NORTHWICH RUFC I have examined the financial statements of the charity for the financial year ended 30 April 2024. which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. This rep¥Jrt is made solely to the charity's members. as a body. in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might compile the financial statements that I have been engaged lo compile, report to the Board of Trustees that I have done so. and state those matters that I have agreed lo slate to them in this report and for no other purpose. To the fullest extent permitted by law, I do nol accept or assume responsibility to anyone other than the charity and the charity's members, as a tM)dy. for my work, or for this report. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the financial statements in accordan with the requirements of the Charities Act 2011. The charity's trustees consider that an audit is nol required for this financial year under Section 145 of the Charities Act 2011 and that an independent examination is required. It is my responsibility to= examine the financial stalements under section 145 of the Act; follow the procedures laid down by the general Directions given by the Charity Commission under section 145151 of the Charities Act 2011., and state whether particular matters have come to my attention. Basis of Independent examlner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the Iruslees concerning any such mallers. The procedures undertaken do not provide all the evidence that would be required in an audit and consequenuy no opinion is given as to whether the accounts pr6s6nt a 'true and fair, view and the report is limited to those mattets s81 out in th6 Staléménl bèlow. Independent examlner's statement In connection with my examination, no matter has come to my attention which giv8s me caus8 to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Charities Act 2011 the financial stslemenls do not accord with those accounting records the financial statements do not comply with the accounting requirements of the Charities Act the financial statements have not been prepared in accordance with the Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102) there is further infomiation needed for a proper understanding of the accounts to be reached. I have no concems and have come across no other matters in connection wilh 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. Steven Nixon Bsc {Honsl FCCA LANGERS MN LIMITED Chartered Certified Accountants and Registered Auditors 8-10 Gatley Road Cheadle Cheshire SK8 1PY 14 January 2025
Northwich RUFC STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 30 April 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Unrestricted Restricted Funds Funds Funds 2024 2023 2023 Total Funds 2023 Notes Income Donations and legacies Charitable activities Rugby Union Football Club Other trading activities Investments 41.984 2.044 44.028 38,636 31,447 70,083 37.620 21,044 75 37.620 21,IM4 75 31,801 5.661 250 31,801 5.661 250 Total income 100.723 2.044 102.767 76,348 31,447 107,795 Expenditure Raising funds Charitable activities Other trading activities 16,235 85,182 2,039 78 7,448 16.313 92.630 2,039 1.831 90,877 {7,004) 1.016 2,847 90,877 {7,004) Total Expendlture 103,456 7.526 110.982 85,704 1,016 86,720 Net incomel(expenditurel (2,7331 (5,482) (8.215) (9,356) 30,431 21,075 Transfers between funds Nèt movement In funds for the financlal year (2,7331 (5.482) (8,215) (9,356) 30,431 21,075 Rèconclllatlon of funds: Total fun¢Js beginning of the year 14 64,706 30,431 95,137 74,062 74,062 Total funds at the end of the year 61,973 24,949 86,922 64,706 30,431 95,137 The Staternent of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate lo continuing activities. The notes on pages 10 to 16 form part of Ihe financial statements
Northwich RUFC BALANCE SHEET as al 30 April 2024 2024 2023 Notes Fixed Assets Tangible assets Investmenls 16,003 16.004 Current Assets Stocks Debtors Cash at bank and in hand 10 11 8,204 10,243 29,195 57,250 64,426 72,630 96,688 Cradltors: Amounts falling duo withln one year 12 (1.7121 (1,552) Net Current Assets 70.918 95,136 Total Assèts less Current Llabllltles 86,922 95,137 Funds Restricted Irust funds Designated funds (Unrestricted) General fund (unrestricted) 24,949 10,496 51.477 30,431 64,706 Totsl funds 14 86,922 95,137 The financial statements have been pPared in accordance wilh the provisions applicable to companies subject to the small companies, regime and in accordance with FRS 102 Yh8 Financial Reporting Standard applicable in th8 UK and Republic of Ireland" applying Section 1A of that Standard. 1410112025 Approved by the Board of Trustees and authorlsed for Issue on behalf by and slgned on Its Ken Jones Trustee The notes on pages 10 to 16 form part of Ihe financial statements
Northwich RUFC NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 April 2024 GENERAL INFORMATION Northwich RUFC is a charity incorporated in England. The registered office of the charity is Moss Fam, Northwich, Cheshire, CW8 4BH which is also the principal place of business of the charity. The financial statements have been presented in Pound (£) which is also the functional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements. Basis of preparation The financial statements have been prepared on the going concem basis under Ihe historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordance with the Stslement of Recommended Practice {SORP) "Accounting and Reportyng by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. As peThitted by the Companies Act 2006. the charity has varied the standard formals in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard fomials are lo comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. Stalemont of compllance The financial stslemenls of the charity for the financial year ended 30 April 2024 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice ISORPI"Accounling and Reporting by Charities preparing their accounts in accordan with the Financial Reporting Standard applicable in th6 UK and Republic of Ireland FRS 102., applying Section 1A of Ihal Slandard. Fund accounllng The following are the calegori8s of funds maintained- Restricted funds Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purposes are within the overall objectives of the charity. Unrestrlcted funds Unreslricled funds consist of General and Designated funds. General funds represent amounts which are expendable al the discretion of the board. in furtherants of the objectives of the charity. Designated funds comprise unreslricled funds that the board has, at its discretion, set aside for particular purposes. These designations have an administrative purpose onty. and do not legally r8Strict the board's discretion to apply the fund. Income Income is cOgnised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income, performance conditions attached to the item{sl of income have been mel, the amounts involved can be measured with suffioent reliability and it is probable that the income will be received by the charity. Incorne from charitable activities Income from charitable acts'vities include income eamed from the supply of seNices under contractual arrangements and from perfomiance related grants which have conditions that specify the provision of particular services to be provided by the charity. Income from govemment and other co-funders is recognised when the charity is legally entitled lo the income because it is fulfilling the conditions contained in the related funding agreements. Where a grant is ceiVed in advance, its recognilion is deferred and included in credilors. Where entitlement occurs before income is reived. it is accrued in debtors. Grants from govemments and other co-funders typically include one of the following types of conditions.. Perfornian based conditions.. whereby the charity is contraclually entitled to funding only to the extent that the core objectives of the grant agreement are achieved. Where the charity is Meeting the core objectives of a grant agreement, it recognises the related expendilure, to the extent that il is reimbursable by the donor, as income. 10
continued Northwich RUFC NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 April 2024 .Time based conditions= whereby the charity is contractually entitled to funding on the condition that il is utilised in a particular period. In these cases the charity recognises the income lo the extent it is ulilised within the period specified in the agreement. In the absence of such conditions, assuming that reIpl is probable and the amounl can be reliably measured, grant incorne is recognised once the charity is notified of entitlement. Grants received towards capital expenditure are credited to the Statement of Financial Activities when received or re1Vable, whichever is earlier. Expendilure Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one activity. Such costs are allocated to actsvilies in proportion to staff bme spent or other suitable measure for each activity. Tangible fixed assets and depre¢ialion Tangible fixed assels are slated at cost or at valuation, less accumulated deprecialion. The charge to depreciation is calculated lo write off the original cost or valualion of tsngible fixed assets. less their estimated residual value. over their expected useful lives as follows.. Fixtures. fittings and equipment 25 % Straight line Inveslmenls Investments held as fixed assets are stated at wst less provision for any pemianent diminution in value. Income from other financial fixed asset investments together with any related tax credil is recognised in the profit and loss account in the financial year in which it is receivable. Invènlorlès Inventories are staled al the lower of cost and nel realisable value, after making due allowance for obsolete and slow moving items. Cost includes all costs incurred in the nomial course of business in bringing them to their present location and condition. Inventories comprise fundraising materials. It is nol considered practicable to value inventories of unsold donated gothjs at the financial year end. Debtors Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid netofany trade discounts due. Income recognised by the charity from government agencies and other co-funders, but not yel received al financial year end. is included in debtors. Cash at bank and in hand Cash al bank and in hand comprises cash on deposit at banks requiring less than thr88 months notice of withdrawal. Taxation and deferred taxation No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable valu8d added lax is expensed as incurred. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2024 2023 Small donations individually less than £1,(KiO Grants individually less than £1,000 RFU Grants Cheshire Wesl and Chesler Council Grant Moss Fami Community Services Ltd Grant Sale Sharks Rugby Club Grant Barclays Bank Grants Northwich Rotary Club Grant Sponsorship individually less than £1,000 Coleman Canal and Boat seices Sponsorship Northwich Round Table Sponsorship 623 919 1,542 30,946 3,227 5.000 5,000 1.500 1.000 4,000 1.000 2,910 4.000 7,000 1,000 1,000 500 500 5.861 2,000 5.861 2,000 11
continued Northwich RUFC NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 April 2024 Wills & Wills Foundation Sponsorship Fire & Heat Ltd Sponsorship Vincent James Estate Agents Sponsorship Homestead Garage LLP Sponsorship Moss Fami Community SeNices Ltd Sponsorship Tesco Community Grant Righton & Blackburns Limited Sponsorship The Oakwood Group Sponsorship 2,000 4.000 2,000 1.000 25,000 4.000 2,000 1,000 25,000 1,125 1,125 1,500 1.000 41,984 2,044 44,028 70,083 Reslricled income in prior period was- _ Small donations individually less than £1,(M)0 £16,120 Grants individually less than £1.000 - £2.827 Cheshire Wesl and Chester Council Grant- £5,000 Moss Farm Community Services Lld Grant- £1.500 Sale Sharks Rugby Club Grant- £1.000 Barclays Bank Grants - £4,000 Northwich Rotary Club Grant- £1,0(Ki CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds 2024 2023 Rugby Unlon Football Club: Sale of goods and seryices in accordance with the charity's objects Membership subscriptions in retum for services 6,723 6,723 7,065 30,897 30,897 24,736 37,620 37,620 31,801 OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds 2024 2023 Other trading activities Income from fundraising events 494 20,550 494 20,550 5,661 21.044 21.044 5,661 INVESTMENTS Unrestrlcted Restrlcted Funds Funds 2024 2023 Bank Compensation 75 75 250 12
continued Northwich RUFC NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 April 2024 EXPENDITURE RAISING FUNDS Direct Costs Other Costs Support Costs 2024 2023 Just Giving fees GoFundMe fees spah1Ve fees Other fundraising costs 250 Club Winnings Event expenses 216 216 216 577 403 1,225 1,949 2,990 11,020 1,949 2,990 11,158 138 426 15,959 354 16,313 2,847 The restricted expenditure in the current peri¢Jd is.. - Event expenses - £78 The restricted expenditure in the prior period was.. - GoFundMe fees- £577 spah1Ve fees- £403 Other fundraising costs- £36 CHARITABLE ACTIVITIES Dlrect Costs Olher Costs Support Costs 2024 2023 Junior rugby expenses S8nior rugby expens8S Walking rugby expenses R8nl and rates Light heal and power Premises repairs, renewals and maintenance Telephone, fax and intemet Subscriptions Sponsorship costs Bank charges Advertising Other expenses Depreciation Moss Fami Community Servi$ Ltd grant Governance Costs (Note 4.4) 9,246 60,117 9,246 60,117 15,918 69,802 952 1,750 (4,127) 1.375 3,500 3,500 4,341 4,341 506 506 763 50 2,026 159 4,433 1,485 822 25 5,335 1,500 4,433 1,485 822 25 5,335 1,500 1,320 1,320 2,209 69.363 23.267 92,630 90,877 The restricted expenditure in the current period is.. - Premises repairs, renewals and maintenance - £480 Sponsorship costs- £145 Depreciation - £5,323 Moss Fami Community SerVis Lid grant- £1,500 All prior period expendilure was unrestricted. OTHER TRADING ACTIVITIES Dlrect Costs Olher Costs Support Costs 2024 2023 Cost of ancillary trading, including stock movement 2,039 2,039 (7.004) 13
continued Northwich RUFC NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 April 2024 GOVERNANCE COSTS Direct Costs Olher Costs Support Costs 2024 2023 Independent examinerfs fees 1.320 1,320 2.209 SUPPORT COSTS Cost of Charltable Raising Activities Funds Other Govemance Trading Costs Activities 2024 2023 Support 354 21,947 2,039 1,320 25,660 {2,799) ANALYSIS OF SUPPORT COSTS 2024 2023 Support 25,660 {2,799) NET INCOME 2024 2023 Net Income Is stated after charglngl(crediting): Depreciation of tangible assets Independent Examiner's remuneration: independent examination services 5,335 1,320 2,209 INVESTMENT AND OTHER INCOME 2024 2023 Bank interest 75 250 TANGIBLE FIXED ASSETS Fixtures, fittlngs and equlpment Total Cost Additions 21,338 21,338 At 30 April 2024 21,338 21.338 Depreciation Charge for the financial year 5,335 5,335 At 30 April 2024 5,335 5.335 Net book value At 30 April 2024 16,003 16,003 14
continued Northwich RUFC NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 April 2024 INVESTMENTS Group and participating undertakings Inveslmenls Cost At 30 April 2024 Net book value At 30 April 2024 At 30 April 2023 10. STOCKS 2024 2023 Finished goods and goods for resale 8,204 10,243 11. DEBTORS 2024 2023 Trade debtors Amounts owed by group entities Prepayments and accrued income 700 23,434 5,061 29,195 12. CREDITORS Amounts falllng due wlthln one year 2024 2023 Accruals and deferred income 1.712 1,552 13. RESERVES 2024 2023 At the beginning of the year (Deficilllsurplus for the financial year 95,137 (8.215} 74,062 21.075 At the end of the year 86,922 95.137 14. FUNDS 14.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Funds Funds Total Funds At 1 May 2022 Movement during the financial year 74,062 19.3561 74,062 21.075 30,431 At 30 April 2023 Movement during the financial year 64,706 12.7331 30,431 15,482) 95,137 {8,215) At 30 April 2024 61,973 24,949 86.922 15
continued Northwich RUFC NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 April 2024 14.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1May 2023 Income Expenditure Transfers between funds Balance 30 April 2024 Restrlcted funds Rebuilding Fund Unrestrlcted funds M&J Designated Fund Unreslricled General 30,431 7,526 24,949 25.955 74.768 9.159 94.297 (6,3001 6,300 10,496 51,477 64,706 64,706 100.723 (103,4561 61,973 Total funds 95,137 102,767 110,982 86,922 Unreslrlcted Funds General Fund. These funds are held for the meeting the objectives of the charity, and lo provide reserves for future activities, and subject to charity legislation. are free from all restrictions on their use. M&J Designated Fund These funds are for the provision of M&J rugby. Restricted Funds Rebuilding Fund Funds for rebuilding the clubhouse following the fire. 14.3 ANALYSIS OF NET ASSETS BY FUND Fixed assets - charity use Financial fixed assets Currenl assets Current liabilities Total Restricted trust funds 15,968 8,981 24,949 Unreslricled designated funds Unreslricled general funds 35 10,461 53,188 10,496 51,477 (1,712) 35 63,649 (1,712) 61.973 16,003 72,630 (1,712) 86,922 15. RELATED PARTY TRANSACTIONS In the year the Charity had related party Iransactions as follows- Moss Farm Community Services Ltd, company number 09667074, a company in which Northwich Youth Development RUFC hold 100 % of the shares. Al the year end the balance owing was £0 {2023- £23.484). 16. POST4ALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year-end. 16