Company registration number.. 06505701
Charity registration number.. 1123597
SKRUM
IA c¢)mpany limited by guarantee)
Annual Report and Financial Stal8ments
for the Year Ended 31 December 2022

SKRUM
Contents
Trustees, Report
2to5
statement of Trustees. Responslbillts'es
Independent Examinerfs Report
Staternent of Financial Actiwlies
Balance Sheet
Notes lo the Financial Statements
101017

SKRUM
Reference and Administrative D8tall$
Trustees
Mr C P OINer- Chairman
Mr R Glanville
Mrs J Golding
Mr N Larcombe-williams
Mr T Muller-Fosler
Mr C M Forster
Prlnclpal Offlce..
12 Fitzford Cottages
Taiislock
Devon
PL19 8BD
The Charity is incorporated in England and Wales.
Company Registration Numbèr.. 06505701
Charlty Reglstratlon Nurnber..
1123597
Pa98 1

SKRUM
Trustees, Report
The Trustees, who are directors for the purposes of company law, present their annual report together
wllh the financial stslem&nis of tho Charitable company for the year ended 31 December 2022.
Objects and aims
The Charity aims lo give hope lo the youth of Eswalini by using the game of rugby and its core values
lo engage the children and al the same lime edLJcaling thèm about HIVIAIDS, inspiring better
leadership in communities, raising awareness of gender violen¢e and promoting the bengfits of schoDI
and education.
Public benefit
The Charity benefits the publi¢ by ftjrthering physical education of the younger generation through the
leaching of sport.
Conne¢ty'ng Schools across Continents - through ils School Partnership Programme the Charity helps
lo foster relationships b8tw&Én schools in the United Kingdom and partner schools in Eswatini thus
raising awareness in the United Kingdom whilst also providing opportunities lo raise funds to finance
the Charity's activities in Southern Africa. The Charity also helps by educating the children in Eswalini
on how to protect themselves against HIVIAIDS thus leading lo an overall reduclitsn in the rale of
nfe¢tion. The Charity promotes gender equality in Eswalini empowering girls lo say 'No leading to o
reduction in teenage pregnancies and gender based violence and introducing children to the game of
rugby, encouraging them lo play sport & slay healthy. leading to an improvemenl in Ihe health and
fitness of children in Eswalini.
A¢hievements and perfomiance
In 2022, January to December has been somewhat of a roller coaster for schools and SKRUM
Esw81ini. The y8ar slartgd off well with schiX)Is reopening in January and all was well. Exams took up
most of January.
February saw a conlinualion and escalation ol the civil unrest experienced in 2021 with strikes
throughout the ¢ounlry which led to many pupils not attending school for safety reasons. Crime levels
rose and road blocks were frequent.
In March schools reopened and a period of rolalivg calm was experienced within the country.
In April and May sporadic strikes by school pupils throughout the country saw violence Tmlhin schools
with a number of schools being buml. The schools were closed.
During the period June lo December, SKRUM was able to visit schools and hold classroom and
coaching sessions.
During the year, thg SKRUM tgam visited schools where and when possible and mel with head
teachers, 5POrts teachers and guidance teachers lo discuss the issues and their experiences
pertaining lo HIVIAIDS, gender equality. teenage pregnancy, drLJgs, and alcohol abuse by pupils. All
feedback suggests the situation in the country has worsened due lo the polits'cal demonslralions and
instability over the last two years and the numbers have risen.
Page 2

SKRUM
Trustees, Report
It was found that Head Teachers appreciated being able to share their worries for their pupils with the
SKRUM tearn and receive help in addressing key issues in tha classroom sessions. EncoLJraging
children to slay in school was in their b$sl interests.
For the limited number of sessions taking place. the pupils benefitted from the distraction from the
internal political problems by playing sport, with all the physical and mental benefits that sport brings,
and the Classroom sessions addressed the important problems that the youth of Eswatini were
experiencing during this difficult ye8r.
During the year. a new coach was taken on and the team has now grown lo 4 coaches including
Michael Collinson, the founder of the charity.
Training Sessions..
Twenty five1251 Training Sessions.
Boys benefiting - One thousand & thirty seven11,0371 Girls ban8fits.ng - Seven hundred & eighly17801
Classroorn Sessions..
Twenty six1261 Classroom Sessions.
Boys benefiting One thousand nine hundred & sixty six11.9661 Girls benefItt￿ng - One thousand eight
hundred & fifty eighl11,8581
Financial Review
The Charity received donations during the year lotalling £35,481 12021.. £25,269). Following the
pandemic events were scaled back from January 2022 Ljntil JLJne 2022 whèn the Charity was able to
resume classroom visits and coaching. Total expenditure during the year amounted to £31,822
12021'.£31,0591. At the year end total reserves stood al £22,82012021.. £19,161).
Policy on reserves
Monies are being held for future donations to SKRUM Swaziland and charitable events to raise
awareness and lo cover general running costs for the next 3 months. The Trustees consider that this
level will ensure that there are sufficient funds available lo cover support and governance costs. At the
year end, the unr8Strictgd funds stood al £2,588 12021.. £1,075) which can be considered as free
reserves.
Use of volunt&ers
The Charty makes no use of any volijnleers. other than the Trustees.
Prin¢ipal funding sour¢e$
The Charity receives ils funding from donations and grants.
Page 3

SKRUM
Trustees, Report
Going concern
Due lo the pandernic, the Trustees have had lo review our Policy for raising funds for 2022 and future
years il we are going to continue as a Charity.
During the year our op8ralions wore scaled back lo align with the funds that were available to transfer
lo Eswalini and we managed lo meet our revised objectives.
As a Charity who spends 100 /0 of its resources overseas there w&re no governrnenl grants available
lo help us throLJghoul the year.
Revenue from schools partnership programmes was non exislenl bul we were grateful lo receive a
large batch of sports kil from one of our schoDI partners (Marlborough College) which was expedited
lo Eswatini to provide schools there with much needed training attire.
We lost the services of one of our female coaches early in the year but were fortunate in replacing her
with another good female coach lo carry on our Female Equality Sessions. We also lost the services
of our marf(eling and communications executive who h&lped organise our events in the past and was
responsible for appls4ng to various ¢harilitss for funds. Thi5 meant that a total re-think was necessary
on how we operate in the future and where we go to gel our funds.
The Trustees therefore decided to switch the emphasis from organising events and visiting schools lo
attract grants to seeking funds from charitias willing lo support our efforts and objectives lo reduce the
scourge of HIVI￿d$ among the young p8ople of Eswalini.
To this end the Gharity has been fortunate in securing a grant from the Atlas Foundation of £20,000
paid quarterly up to March 2023. This grant, together with the last tranche of the SOL Foundation
three year award thal is due in February 2023, for the sutll of CHF15,000 lapprox £11,000) will enable
thè Charity to provide funds to Eswalini for a further year. However, in doing 50 we will hav8 lo draw
on our reserves or lower our budget commitments.
The Charity intends applying for fLJrther grants in the coming year including the Mercury Phoenix Trust
which has been so generous lo us over the past years. We are still hopeful that the Eswalini High
Commissioner's promise of a grant will be forthcoming and this could amount lo £8,000 during 2023.
These grants together wth small donations receivèd from members of the public who have supported
Skrum over the year5 and in particular a lucrative tennis lournamenl organised by one of our TNslees
should see the Charity in a viable position for al least the next two years.
On this basis the accounts have been prepared on a golng concern basis.
11 musl be noted, however, that raising funds for a foreign ¢on¢ern in a period of hlgh costs of energy
and food, together wth the problems that exist with the war in the Ukraine, is causing the Trusle&s
some ¢oncem and during 2023 we will have lo look closely al how we are going lo provide funds lo
Skrum in Eswalini. With this in mind il is intended that representatives from the Trustees will visit
Eswalini in 2023 to discuss these problems with the CEO and explore what il is the Trustees can do
lo assist Skrum in Eswalini should the Charity in the UK not be in a position lo continue financing a
number of their projects.
Page 4

SKRUM
Trustees, Report
Structure, governance and manag8m8nt
Naturo of governing document
The Charity is controlled by ils Governing Oocumenl. a Deed of Trust, and Conslilules a company
limited by guarante&, as dtrfined by the Companies Act 2006.
Recruitment and appointment of Trustees
Trustees are invited lo join by the existing group of Trustees. Appointments musl be agreed by a
majority vole.
Inductlon and tralnlng of Trustees
New Trustees are trained lo ensure that they are following the guidance on generating funds for the
Charills purpos& lo the correct standard.
Arrangements lor setting key management personnel remuneration
The Charity Considers all Trustees lo be key managemenl personnel, all of whom are volunteers and
receive no remune
lion for their roles as Truslees.
The annual
behalf b
2410412023
s approvod by the Trustees of the Charity on .................... and signed on its
MrNLar
Trustee
Pa98 5

SKRUM
Statement of Trustees, Responsibilities
The Trustees Iwho are also the directors of SKRUM for the purposes of company lawl are responsible
for preparing the Truslee5' rerjort and the financial slalemenls in accordance with applicable law and
Unitèd Kingdom Accounting Standards Iunited Kingdom G&nerally A¢¢epled Accounting Practicel,
including FRS 102 'The Financial Reporting Standard applicable in th& UK and Republic of Ireland..
Company law requires the Trustees lo prepare financial siatemenls for each financial year. Under
¢ompany law the TrLJStees must not approve the financial slalemenls unless they are satisfied that
they give a true and fair view of tha state of affairs of the charitable company and of the incoming
resources and application of resources, including ils income and expenditure, of the charitabl&
company for that period. In preparing these financial slatemenls, the Trustees are required lo..
select suitable accounting policies and apply them consislenlly.,
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent..
stste whether applicable accounting standards, comprising FRS 102 have been followed. subject
lo any material departures disclosed and explained in the financial 51atements'. and
prepare the financial slalemenls on the going concern basis unless it is inappropriala to presume
that the charitable company will continue in business.
The Trustees are responsible for keeping proper accounting records that can dis¢lose with reasonable
accuracy at any lime the financial position of thè charitable company and enable them lo ensure that
the financial st tements comply with the Companies Act 2006. Théy arè also responsible for
safeguarding I
assèts of tha charitable company and hence for taking reasonable slep5 for the
prevention and
tection of fraud and other Irregularities.
Approve
ruslees of the Charity on 2410412023 and signed on its behalf by:
MrN
Trust
Page 6

SKRUM
Independent Examiner's Report to the trustees of SKRUM ('the
Company,)
I report lo the Charity Trustees on my examination of the accounts of the Charity for the year ended
31 December 2022 which are sel out on pages 8 to 18.
Rg$pon$lbllltlos and basls of rèport
As the Charity's Trustees of the SKRUM (arid also ils directors for the purposes of company lawl you
are responsible for the preparation of the accounts in accordance with the requiraments of the
Companies Act 20061'the 2006 Act'l.
Having salisfled myself that the accounts of the SKRUM are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in resp￿1 ol my examination of
your Charity's accounts as carried out under section 145 of thè Charities Act 20111'lhe 2011 Acl'l. In
carrying out my examination I have followèd the Dire¢lions given by the Charity Commission under
section 14515llbl of the 2011 Ad.
Ind&p¢nd¢nt ¢xamlner's Statoment
I have completed my examination. l ¢onfirm that no matters have come lo my allenlion in connection
with the examination giving me cause lo believe..
1. accounting records were not kepl in resp8cl of SKRUM as required by section 386 of the 2006
A¢l,' or
2. the accounts do not accord with those records.. or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a 'lrue and fair view, which is not a maller
considered as part of an independent examination., or
4. the accounts have not been prepared in accordance with the methods and principles of the
Slalemenl of Recommended Practice for accounting and reporting by charities lapplicable to
charities preparing their accounts in accordanc& ￿th tha Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 10211.
I have no concerns and have come a¢ross no other matters in connection with the examination to
which attention should bè drawn in this report in order to enable a proper understanding of the
accounts lo be reached.
i (knk
Dun¢an Leslie
PKF-Francis Clark LLP
Melville Building East
Royal William Yard
Plymouth
PL13RP
Dale..
2610412023
Page 7

SKRUM
statement of Financial Activities for the Year Ended 31 December 2022
(Including Income and Expenditure Account and Statement of Total Racognised
Gains and Losses)
Unrestricted
funds
R8strict8d
funds
Total
2022
Note
Income and Endowments from:
Donations
2,088
33,393
35,481
Total income
2,088
33,393
35.481
Exp&ndlturg on:
Raising funds
Charitable activities
11371
13011
12,6231
128.761
12,7601
129,0621
Total expendittjre
14381
131.3841
31,8221
Nel income
Transfèrs between funds
1,650
11371
2,009
137
3,659
Net movement in funds
1,513
2,146
3,659
Reconciliation of funds
Total funds brought forward
1,075
18,086
19,161
Total funds carried forward
12
2,588
20.232
22,820
Unre$trl¢ted
funds
Restricted
funds
Total
2021
Note
Income and Endowments from:
Donations
2,561
22,708
25,269
Total income
2,561
22,708
25,269
Expenditure on:
Raising funds
Charitable activities
16,6311
13,7661
16,6311
24,428
20,6621
Total expenditure
110,3971
120,6621
31.0591
Nel lexpendilurellincome
7.836
2,046
5,790
Nel movement in fun(Js
17.8361
2,046
15,7901
Reconciliation of funds
Total ILJnds brought forward
8,911
16,040
24,951
Total funds carried forward
12
1,075
18,086
19.161
All of Ihe Charitls activities derive from Continuing operations during the above kn periods.
The funds breakdown is shown in note 12.
The notes on pages 10 to 17 forrn an integral part of these financial stalemenls.
Pag8 8

SKRUM
(Registration number: 06505701)
Balance Sheet as at 31 December 2022
2022
2021
Note
Current assets
Cash at bank and in hand
10
24,680
27,341
Creditors- Amounts falling due within one year
Net assets
1,860
18,180
19,161
22,820
Fund$ of the Charity..
Re$trl¢ted Income funds
Reslri¢led Funds
20,232
18,086
Unrestricted income funds
Unreslricled Funds
2,588
1,075
Total funds
12
22,820
19,161
For the fi'nan¢ial yoar ending 31 December 2022 the Charity was entiuèd lo exemption from audit
under section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the Charity lo obtain an audit of its acwunts for the year in
quesbon in a¢¢ordan¢e with section 476., and
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respe¢t to accounting records and the preparation of accounts.
The financial slate
on 241Q4120
an
ents on pages 8 10 17 We￿ approved by the Trustees, and aulhorised for issug
signed on their behalf by..
MrNL
Trustee
The notes on pages 10 to 17 form an integral part of these financial statements.
Page 9

SKRUM
Notes to the Financial Statements for the Year Ended 31 December
2022
1 Charlty status
The Charity is limited by guarantee, incorporated in England and Wales, and consequently does not
have share capital. Each of the Trustees is liable lo contribute an amc>LJnl not exceeding £10 towards
the assets of tha Charity in thg 8V8nl of liquidation.
2 A¢¢ountlng pollcie5
Summary of significant accounting policiés and key accounting estimato$
The prin¢ipal a¢¢ounling policies applied in the preparation of these financial statements are sel out
below. These policies have been consislenuy applied lo all the years presented, unless otherwise
slated.
Statèmènt of ¢omplian¢e
The financial slatemenls havo been prepared iri accordance with Accounting and Reporting by
Charilies.. Siatemenl of RecoTnmended Practice appli¢able lo charities preparing their accounts in
ac¢ordanGe with the Financial Reporting Siandard appli¢able in the UK and Republic of Ireland IFRS
1021 leffeclive October 20191- (Charities SORP IFRS 10211. They also comply with the Companios
Act 2006 and Charities Act 2011.
Basis of preparation
SKRUM meets the d6finib.on of 8 public benefit entity under FRS 102. Assets and liabilities are initially
re¢ognised al historical cost or transaction valu8 unl&ss otherwise slated in the relevanl accounting
policy notes.
Page 10

SKRUM
Notes to the Financial Statements for the Year Ended 31 December
2022
Going concern
Due lo the pandemic, the Trustees have had lo review our policy fc>r iai5ing funds in 2022 and fuiure
years if we are going to conb'nue as a viable entity.
During the year our operations were scaled back lo align TAlllh the funds that were available to transfer
to E5walini and we managed lo meet our revised objecti'ves.
As a Charity who spends 1000/0 of its resources overseas there were no govemment grants available
lo help us throughout the year.
Revenue from schools partnership programmes were non exisl&nl bul we were grateful lo receive 8
large batch of sport kil from one of our school partners (Marlborough College) that was expadil&d to
Eswatini to provide schools there wth much needed training attire.
We lost the services of one of our female coaches early in the year bul were fortunate in replacing her
with another good female coach to carry on our Femal& Equality Sessions. We also lost the services
of our marketing and communications exe¢uliv8 who helped organise our events in the past and was
responsibl& for applying lo various ¢harilies for funds. This meant that a total re-think was necessary
on how we operate in the future and where we go to get our funds.
The Trustees therefore decided to switch the emphasis from organising events and visiting schools lo
allra¢l grants to seeking funds from charities willing lo support our efforts and objectives lo reduce the
SCOLJrgé of HIVIAids among the young people of Eswalini.
To this end the charity has been fortunate in securing a grant from the Atlas Foundation of £20,000
paid quarterly up to March 2023. This grant, together wlh the last tranche of the SOL Foundation
three year award that is due in February 2023, for the sum of CHF15,aoo lapprox £11,0001 will enable
the charity lo provide funds lo Eswalini for a further year. However in doing so we will have lo draw on
our reserves or lower our budget commitments.
The Charty intends applyng for further grants in the coming year including the Mercury Phoenix Trust
which has been so generous lo us over the past years.
We are still hopeful that the Eswalini High Commlssioner's prornise of a grant will be forthcoming and
this could amount lo £8,000 during 2023.
These grants, together with small donations received from members of the public who have supported
SkrLJm over the years and in particular a lucrative tennis tournament organised by one of our Iruslees,
should see the charity in a viable position for the coming year.
On this basis the accounts have been prepared on a going concern basis.
11 musl be noted, however, Ihal raising funds for a for8ign ¢onc&rn in a period of high costs of ènergy
and food, together with tho problems that exist with the war in the Ukraine, is caLJsing the Iruslees
some Concern and during 2023 we will have lo look closely at how we are going to provide funds to
Skrum in Eswalini. With this in mind il is intended that representslives from the Iruslees will visit
Eswatini in 2023 to discuss these problems with the CEO and explore what il is the trustees can do lo
assist Skrum in Eswalini should the Charity in the UK not be in a position lo continue financing
number of their projects.
Pag811

SKRUM
Notes to the Financial Statements for the Year Ended 31 December
2022
In¢om& and endowments
All income is re¢ognised once the Charity has entitlement lo the income, il is probable that the income
will be received and the amount of the in¢ome r8ceivable can be measured reliably.
Donatlons and legacies
Donations are recognised when the Charity has been notified in writs'ng ol both the amount and
setuemenl dale. In Ihe event that a donation is subject lo conditlons that require a level of
performance by the Charity before the Charity is enb'tled to the funds, the income is deferred and not
recognised until Éither those conditions are fully mat, or the fulfilmenl ol those condiu'ons is wholly
within the control of the Charity and it is probable that these conditions will be fulfilled in the reporting
pariod.
Grants rècelvabl¥
Gr£nls are recognised when the Charity has an entitlement lo the funds and any conditions linked lo
the grants have been mel. Where performance conditions are allached lo the grant and are yel to be
met, the income is recognised as a liability and included on the balance sheet as deferred income to
be released.
Deferred income
Deferred income represents amounts received for future periods and is released to incoming
reSoUr￿S in the period for which, il has been received. Su¢h incorlle is only deferred when..
The donor speclfles that the grant or donation must only be used in future accounting periods., or
The donor has imposed conditions which musl be rnel before the Charity has unconditional
enliUefflenl.
Expendlture
Al expenditure is recognised once there is a legal or conslruclive obligation lo that expgnditure, it is
probable settlement Is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category. Where costs ¢annol
be directly altribuled lo particular headings they have been allocated on a basis consistent with the
use of rÈsources, with central staff costs allocated on the basis of time spent, and depreciation
Charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those
incurred in trading activities that raise funds.
Charitable activltles
Charitable expenditure ¢omprises those costs incurred by the Charity in the delivery of its actlvilies
and seNices for its beneficiaries. 11 includes both ¢osts that can be allocated directly to such activities
and those costs of an indirect nature necessary lo support them.
Support costs
Support costs include central functions and have been allocated lo activity cost calggories on a basis
consistent wlh the use of resources.
Page 12

SKRUM
Notes to the Financial Statements for the Year Ended 31 December
2022
Govèrnan¢è costs
These include the Costs attribulabl? lo the Charity's Complian￿ with conslilulional and slalutory
rgquirements, including audit, strategic management and Trustees, rlleelings and reimbursed
expenses.
Taxatlon
The Charity is considered to pass the tests sel out In Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore il meets the definilion of a charitable company for UK corporation lax purposes.
Accordingly, the Charity is potentially exempt from tsxalion in rtrspecl of incorne or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
258 of the Taxation ol Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £100 or more are initially recorded al cost.
Fund structure
Unreslrlcted income funds are general funds that are available for use al the Trustees, discretion in
furtherance of the objectives of the Charity.
Reslricled incorlle funds are those donated for use in a particular area or for specific purposes, the
use of which is reslricled lo that area or purpose.
Flnan¢ial in$trum¢nts
Classification
The company holds the followng financial instNmenls'.
Short lerm trade and olher debtors and creditors..
Cash and bank balances.
AJI financial instruments are classiliod as basic.
Recognition and measurement
The Charity has chosen lo apply the recognition and measurement principles in FRS102.
Financial instruments are recognised when the Charity becomes paty lo thfj ¢onlractual provisions of
the instrument and derecognised when in the case of assets, the ¢ontra¢lual rights lo cash flows from
the assets expire or subslanlially all the risks and rewards of ownership are transferred to another
party, or in the case of liabilib'es, wh&n the Charills obligations are discharged, expire or are
cancelled.
Such instruments are inilialty measured at transaction price, including Iransaclion Costs, and are
subsequently carried at the undis¢ounled amount of the cash or other considoiation expected to be
paid or received, after taking account of impairrnent adjustments.
Page 13

SKRUM
Notes to the Financial Statements for the Year Ended 31 December
2022
3 Income from donations and legacles
Unrestricted
funds
G&n•ral
Ro$trl¢ted
funds
Total
2022
Total
2021
Donations and legacies.,
Donations from individuals
Grants, including Capital grants;
Grants from other chariti'es
2.088
2,088
2,561
33,393
33,393
22.708
2,088
33.393
35,481
25,269
4 Expenditure on raising funds
Unrestricted
funds
Gèn8ral
Re$trlctod
fund5
Total
2022
Total
2021
Fundraising costs
137
2,623
2,760
6,631
S Exp¢ndlture on charllablg actlvltl8$
Unrestrlct8d
fund5
General
Restricted
funds
Total
2022
Total
2021
Educab'on of physical health
Governance costs
60
241
27,042
1,719
27,102
1,960
22,383
2,085
301
28,761
29,062
24,428
6 Analysls of governance and support Costs
Governance costs
Unrestricted
funds
General
R*stri¢ted
funds
Total
2022
Total
2021
Other governance costs
Allocated support costs
181
60
1,719
1,900
60
1,990
75
241
1,719
1,960
2,065
Page 14

SKRUM
Notes to the Financial Statements for the Year Ended 31 December
2022
7 Trustees. remuneratlon and expenses
No Tru51ees nor any persons connected with them. have received any remuneration fro￿ the Charity
during the year12021 £nill.
No Trustees have received any reimbursed expenses or any other benefits from the Charity during
the year12021 £nill.
The Charity paid £38812021.. £3831 during the period in resp8cI of Trustee indèmnity insurancè.
8 Staff costs
The Charity had no employe¢s in the Current or prior financial period.
9 Taxatlon
The Charty is 8 registered charity and is therefore exempl from taxation.
10 Cash and cash 8quival8nts
2022
2021
Cash 8t bank
24,680
27,341
11 Cr8ditors: amounts falling due within ono yèar
2022
2021
Accnjals
Deferred income
1,860
1,680
6,500
1,860
8,180
2022
2021
Deferred income 811 January 2022
Resources deferred in the period
Amounts released from previous periods
16,5001
112,2321
6,500
12,232
6,500
Defer￿d in¢ome 81 year end
6,500
Page 15

SKRUM
Notes to the Financial Statements for the Year Ended 31 December
2022
12 Funds
Balance at
31
December
2022
Balance at
1 January
2022
Incoming Resources
resources
expended
Transfers
Unrestricted funds
General
General
1,075
2.088
14381
17371
2,588
Restricted funds
Wales Foundation
Mercury Pheonix Trust
Atlas Foundation
SOL
Geoff Herrington
2,610
10,000
5.476
12,6101
110.1371
{8831
111,2541
8,500
137
15,000
11,893
6,500
19,593
639
Total restricted funds
18,086
33,393
131,3841
137
20,232
Total funds
19.161
35,481
31,822
22,820
Balanc8 at 31
Dècember
2021
Balance at 1
January 2021
Incoming
resources
Resources
expended
Unrostrlcl¢d funds
Ggngral
General
8,911
2,562
110,3981
1,075
Restrlcted
Wales Foundation
Mercury Pheonix Trust
Atlas Foundation
SOL
Spirit of Rugby
5,050
1.750
8.000
12,4401
11,7501
13.0001
112,2321
11.240
2,610
10,000
5,476
10,000
476
12,232
1,240
Total rostrlcted funds
16,040
22,708
20,662
18,086
Total funds
24,951
25,270
31,060
19,161
Page 16

SKRUM
Notes to the Financial Statements for the Year Ended 31 December
2022
The specific purposes for which the reslricled funds are lo be applied are a5 follows..
Wates Foundation - this grant is lo be spent towards the costs of offering disadvantagèd young adults,
aged 18125 from Ihè UK the opportunity lo visit SKRUM in Swaziland and act as a volunteer coach.
The grant provider approved a variation in spend last year and during the period the balance of
£2,610 was fully spent on monitoring and evaluation.
Mercury Phoenix TrLJsI and Atlas Foundation
these grants are lo be spent on the HIVIAIDS
education and prevention project, and associated running costs. The balances of £10,000 and £5,476
We￿ carri&d forward from last year, During the yaar. £15,ODO was r&¢eived from the Atlas Foundation
and £10,883 was spent from funds leaving a balance of £19,593 on the Adas Foundation fund which
will be carried forward for use in future periods.
Geoff Herrington this grant is lo part fund the Schools Outreach Prorgramme which will visit primary
and secondary schools across Eswalini. £8,500 was received last year for use in the current year and
was fully spent during thé ￿ar.
SOL Foundation £11,893 was received in the period fDr use in the current ￿ar lo be spent on the
HIVIAIDS education and prevention project. £11,254 was spent in the year and the balance of £639
will be carried forward for use in future periods.
13 Analy$ls of net assets betwaan funds
Total funds
at31
December
2021
Unrestricted
General fund
Restricted
funds
Current assets
Current liabilities
4,448
11,860
20.232
24,680
11,860
Total nel assets
2,588
20,232
22,820
Total funds
at31
December
2021
Unr&strl¢ted funds
Gonoral
other
Current assets
Current liabilities
9,255
18,180
18,086
27,341
18,1801
19,161
Total nel assets
1,075
18,086
14 Related party transactions
During the year the Charity donated funds to SKRUM Swaziland charity which is run by (he fomier
founder of SKRUM. who remains closely connected to the SKRUM board. The former founder
received an allowance for ambassadorial duties carried out on behalf of SKRUM. SKRUM Swaziland
applies lo SKRUM lo fund various expendilure in Swaziland and all decisions on whether lo fund this
expenditure are made by the Board of Trustees of SKRUM.
Pag8 17