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2021-05-31-accounts

Registered number: 06902389 Charity number: 1133136

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WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2021

9 Bishop Fleming

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

CONTENTS

Page
Reference and administrative details ofthe charity, its Trustees and advisers 1
Trustees’ Report 2-6
Independent Examiner's Report 7
Statement of Financial Activities 8
Statement of Financial Position 9
Notestothefinancialstatements 10-19

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2021

REFERENCE AND ADMINISTRATIVEAND ADMINISTRATIVEADMINISTRATIVE DETAILS OF THETHE CHARITY, ITS TRUSTEES AND ADVISERSTRUSTEES AND ADVISERSAND ADVISERSADVISERS
FOR THETHE YEAR ENDED 31 MAY 2021		 REFERENCE AND ADMINISTRATIVEAND ADMINISTRATIVEADMINISTRATIVE DETAILS OF THETHE CHARITY, ITS TRUSTEES AND ADVISERSTRUSTEES AND ADVISERSAND ADVISERSADVISERS
FOR THETHE YEAR ENDED 31 MAY 2021		 REFERENCE AND ADMINISTRATIVEAND ADMINISTRATIVEADMINISTRATIVE DETAILS OF THETHE CHARITY, ITS TRUSTEES AND ADVISERSTRUSTEES AND ADVISERSAND ADVISERSADVISERS
FOR THETHE YEAR ENDED 31 MAY 2021
rr
ii
Trustees C Hart, Secretary
C Duckworth CBE (deceased 14 November2020)
L Hewitt
R Murray
C Pennell
J Panter, Chair
J Gibson
C Goldring
J Clegg (appointed 4 January 2022)
Company registered
number 06902389
Charity registered
number 1133136
Registered office Sixways Stadium
Pershore Lane
Worcester
WR3 8ZE
Company secretary C Hart
Accountants Bishop Fleming LLP :
Chartered Accountants
1-3 College Yard
Worcester
WR1 2LB
Bankers NatWest Bank PLC
1 The Cross
Worcester
WRi3PR

Page 1

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MAY 2021

The Trustees present their annual report together with the financial statements of the charity for the 1 June 2020 to 31 May 2021. The Annual Report serves the purposes of both a Trustees’ report and a directors’ report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

The foundation team have worked tirelessly to continue delivery albeit it in a Covid adjusted way. it has been a very difficult 12 months for our staff, our Foundation and our participants as a direct consequence of the pandemic.

We have had to adapt our delivery to support our participants across all our programmes by creating new ways to interact with them. Our cliental are amongst the most vulnerable people in our community have needed our support more than ever.

We have lost funding from sources such as the RFU and Prem Rugby due to their own financial difficulties. Our staff have adapted, overcome and excelled in many areas and, as in previous years are a credit to the Foundation. Our current position would not have been achieved without this commitment, and we owe them a debt of gratitude. It is also worth noting that to help the sustainability of the Foundation’s future they all took a 20% cut in pay in March 2020, which lasted through to October 2021.

At the end of the financial year we are delighted to report that lost funding has been replaced by alternative funding streams and activity levels have not only resumed but have returned to the same levels as they were pre-pandemic.

We have also entered a growth phase, with additional new funding which supports the additional need of our services caused as a direct result of the pandemic.

Objectives and activities

a. Policies and objectives

Specific Programmes

Girls Rugby Development Programme

With schools opening up (albeit in a fragmented and disjointed manner) we were delighted to be able to recommence our Girls Rugby Development Programme. Delivery started in Herefordshire and Bewdley. The delivery period was a 12-week block and we engaged with just under 200 girls, the majority being new to rugby. We have established links with Hereford RFC and Kidderminster RFC to help develop their girls teams. The link with Kidderminster RFC has also enabled them to start a women’s team. Delivery was also established in two Worcester Schools (Tudor Grange & Blessed Edwards) and Redditch (Trinity High) this delivery reaching over 300 girls new to rugby. Fortunately we were able to utilise the help of Worcester Warriors Womens players to assist in the delivery of these sessions. To be able to use the Womens players is inspirational as they can show the girls what they can achieve and be role models.

The schools came to a festival at Sixways to allow them to play on the Sixways pitch.

Page 2

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021

Objectives and activities (CONTINUED)

BAME Delivery

BAME delivery in Wolverhampton/Telford areas was scheduled but schools were reluctant and neededa lot of reassurance as to how it will be delivered in a COVID-19 safe manner. With this and the fact schools are now looking at commencing “summer sports”, this has made it a slow process getting this project back up and running.

This project helped find Cheick Kone, who was the ist person in the country to develop from Project Rugby to be accepted into a club academy. He is now in the latest Senior Academy intake of the Three Pears Warriors Academy. This shows the rewards a programme like this can offer to individuals who may not otherwise have this opportunity.

Mixed Ability/Diabetes Rugby

These sessions recommenced on 12th April at Sixways for the first time in over 12 months. The response from the participants was fantastic and very emotional. For a majority this was their first contact with other people since coming out of shielding.

We are regularly getting 24 to Mixed Ability and 12 to Diabetes each week making the numbers steady and manageable within covid restrictions.

The Foundations Mixed Ability inclusion team play their 1st fixture at a festival being run by Bath Foundation on 19th June, so everyone is very excited for this.

Blind Rugby

Blind Rugby sessions started back at Sixways on 12th April, a slow uptake but this was expected again as most participants have been shielding. We have also started evening sessions at New College Worcester, with the aim of developing the game through them.

In the background the development of Blind Rugby has grown at a fast rate. With the National Lottery Community Funding we are now in a position where time can be spent on developing the game nationally. With an initial enquiries to all Premiership Clubs in April to gauge interest, this was a great success with 10 of the clubs saying that they wanted to deliver Blind Rugby. We are holding “An introduction to Blind Rugby” day at Sixways on 15th June with all Premiership Clubs, Premiership Rugby, RFU, WRU, British Blind Sport, The Change Foundation & The Pocklington Trust all invited and the majority attending. This will be an outstanding opportunity to really push the fantastic concept of Blind Rugby. One of the aims will be to establish a national delivery framework with the goal of a national Blind Rugby festival at Sixways in 2022.

Tackling Dementia Sports Café

The Tackling Dementia Sports Café returned to Sixways 19th May. It was really exciting to be able to get back to the café. There has been a great effort from across the club to help make this return possible. We had to limit numbers, but the atmosphere was still buzzing, everyone involved is relieved that it is back open. With the summer weather and hopefully lifting of restrictions attendance at the café will almost certainly grow. Various options to open up more Tackling Dementia Sports Cafés across Worcestershire are being assessed.

Walking Rugby

May saw the start of a hugely promising new project — Walking Rugby. We initially set up in partnership with Bromsgrove Walking Sports Centre and are getting 20 participants weekly. We are expanding this project to Worcester and Malvern in June. Pilot sessions will be held in Kidderminster (starting in July) and Wednesbury RFC hope to follow suit.

The Foundation Business Plan has been revised in line with the recent unprecedented period and the impact of Covid. We now have a clear sight of our objectives and KPI's for the next three years.

Page 3

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021

Achievements and performance

a. Review of activities

Income received from donations and charitable activitues amounted to £211,992 (2020: £274,689) after expenditure of £181,178 (2020: £335,810) a surplus was acheived at year end of £30,814 (2020: deficit of £61,121).

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

At 31 March 2021, free reserves amounted to £167,473 (2020: £136,659) which the trustees consider sufficient to meet the charities requirements for the next 12 months. This amount equates to 9.2 months expenditure (2020: 4.9 months) based on current expenditure levels. .

Structure, governance and management

a. Constitution

The Company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 11 May 2009.

The company is constituted under a Memorandum of Association dated 11 May 2009 and is a registered charity number 1133136.

b. Methods of appointment or election of Trustees

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.

Page 4

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021

Structure, governance and management (CONTINUED)

c. Organisational structure and decision-making policies

The trustees during the year were Ms C Hart, Mr C Duckworth CBE (deceased 14 November 2020), Ms L Hewitt, Mr R Murray, Mr C Pennell, Mr J Panter, Mr J Gibson and Mr C Goldring.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

New trustees will be inducted into the workings of the Charity, including policies and procedures, at an induction meeting with the Chairman. New trustees are appointed at Trustees' meetings.

The day to day running of the charity is by way of shared services provided by WRFC Trading Limited.

STAFFING

Delivery staff for the programme will be selected based upon experience, qualifications and suitability for the role. And may be either:

A Employees of the charity B Employees of a suitably matched partner organization commissioned to deliver the charity's work

LOCATION

The Worcester Warriors Community Foundation is suitably located at Sixways Stadium, Warriors Way, Worcester, WR3 8ZE also the location of WRFC Trading Limited. Initially the office space is provided rent free until operating costs increase at which time a charge may be added. At this time the Foundation has the opportunity to go to tender for the housing of the charity and its staff if the suitability or cost of the Foundation changes.

STRUCTURE

Warriors Community Foundation

Education and Social Inclusion

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WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The Trustees (who are also the directors of the charity for the purposes 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 . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that 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 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.

Approved by order of the members of the board of Trustees on 11 February 2022 and signed on their behalf by:

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J Panter
(Chair of Trustees)
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WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MAY 2021

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WORCESTER WARRIORS COMMUNITY FOUNDATION (‘the charity’)

| report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 May 2021.

RESPONSIBILITIES AND BASIS OF REPORT

As the Trustees of the charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of the charity's accounts carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

INDEPENDENT EXAMINER'S STATEMENT

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records: or

  2. 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 ‘true and fair’ view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.

| 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 accounts to be reached.

This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that | might state to the charity's Trustees those matters | am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.

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Signed: A 4
Andy Wood FCCA DChA
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Dated: 7/ st Felina 2O22
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Bishop Fleming LLP

Chartered Accountants 1-3 College Yard Worcester WR1 2LB

Page 7

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MAY 2021

Restricted Unrestricted Total Total
funds funds funds funds
2021 2021 2021 2020
Note £ £ £ £
INCOME FROM:
Donations and legacies 3 150,079 56,394 206,473 52,748
Charitable activities 4 - 5,519 5,519 221,941
TOTAL INCOME 150,079 61,913 211,992 274,689
EXPENDITURE ON:
Raising funds 5 2,160 2,526 4,686 50,943
Charitable activities 6 95,231 81,261 176,492 284,867
TOTAL EXPENDITURE 97,391 83,787 181,178 335,810
NETMOVEMENT IN FUNDS 52,688 (21,874) 30,814 (61,121)
RECONCILIATION OF FUNDS:
Total funds brought forward - 136,659 136,659 197,780
Net movement in funds 52,688 (21,874) 30,814 (61,121)
TOTALFUNDSCARRIEDFORWARD 14 52,688 114,785 167,473 136,659

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 10 to 19 form part of these financial statements.

Page 8

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE) REGISTERED NUMBER:06902389

BALANCE SHEET AS AT 31 MAY 2021

2021 2020
Note E £
FIXED ASSETS
Tangible assets 11 7,794 12,583
CURRENT ASSETS
Debtors 12 23,200 39,043
Cash at bank and in hand 143,746 97,349
166,946 136,392
Creditors: amounts falling due within one
year 13 (7,267) (12,316)
NETCURRENTASSETS 159,679 124,076
TOTALASSETS LESS CURRENT a es
LIABILITIES 167,473 136,659
TOTAL NETASSETS 167,473 136,659
CHARITY FUNDS
Restricted funds 14 29,090 -
Unrestricted funds 14 138,383 136,659
TOTALFUNDS 167,473 136,659

The charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

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eg
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J Panter (Chair of Trustees) Date: 11 February 2022

The notes on pages 10 to 19 form part of these financial statements.

Page 9

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

  1. ACCOUNTING POLICIES

1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Worcester Warriors Community Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The Trustees have considered the plans for the trust for a period of 12 months following the date of approval of the financial statements. It is considered there are adequate resources to continue in operational existence and to meet liabilities as they fall due. Accordingly, the Trustees continue to adopt the going concern basis in preparing the Trustees report and financial statements.

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donated services or facilities are recognised when the Company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the Company of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees’ report for more information about their contribution.

On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

14 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 allocated on the portion of the asset's use.

Support costs are those costs incurred directly in support of expenditure on the objects of the Company and include project management carried out at Headquarters.

Page 10

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

1. ACCOUNTING POLICIES (continued)

1.4 EXPENDITURE (CONTINUED)

Charitable activities and Governance costs are costs incurred on the Company's educational operations, including support costs and costs relating to the governance of the Company apportioned to charitable activities.

1.5 GOVERNMENT GRANTS

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of Financial Activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of Financial Activities as the related expenditure is incurred.

Tangible fixed assets costing £500 or more are capitalised.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives:

Depreciation is provided on the following basis:

Motor vehicles - 20% Straight Line Office equipment - 25% Straight Line

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.8 CASH AT BANK AND IN HAND

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.9 LIABILITIES AND PROVISIONS

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

Page 11

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

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  1. ACCOUNTING POLICIES (continued)

1.10 FINANCIAL INSTRUMENTS

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.11 PENSIONS

The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year.

1.12 FUND ACCOUNTING

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

  1. GENERAL INFORMATION

Worcester Warriors Community Foundation is a charitable Company, limited by guarantee, and incorporated in England and Wales. The members of the Company are the Trustees. In the event of the Company being wound up, the liability in respect of the guarantee is limited to £1 per member of the Company. The registered office is Sixways Stadium, Pershore Lane, Hindlip, Worcester, WR3 8ZE. The company's presentational and functional currency is GBP. The financial statements are rounded to the nearest GBP.

The principal activity of the charity is as detailed in the Trustees report, as detailed on pages 2 to 6.

  1. INCOME FROM DONATIONS AND LEGACIES
Restricted Unrestricted Total Total
funds funds funds funds
2021 2021 2021 2020
£ £ £ £
Donations 23,598 56,394 79,992 20,139
Grants 31,250 - 31,250 -
Government grants 95,231 - 95,231 32,609
150,079 56,394 206,473 52,748
TOTAL2020 32,609 20,139 52,748

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WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

4. INCOME FROM CHARITABLE ACTIVITIES

Unrestricted Total Total
funds funds funds
2021 2021 2020
£ £ £
Community programmes 5,519 5,519 221,941
TOTAL2020 221,941 221,941

5, EXPENDITURE ON RAISING FUNDS

FUNDRAISING TRADING EXPENSES

Restricted Unrestricted Total Total
funds funds funds funds
2021 2021 2021 2020
£ £ £ £
Allocated centrally incurred fundraising and
governance costs 2,160 2,526 4,686 50,943
TOTAL2020 - 50,943 50,943

6. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES

Summary by fund type

Restricted Unrestricted Total Total
funds funds funds funds
2021 2021 2021 2020
£ £ £ £
Community programmes 95,231 81,261 176,492 284,867
TOTAL2020 32,609 252,258 284,867

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WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

T: ANALYSIS OF EXPENDITURE BY ACTIVITIES

Activities
undertaken Support Total Total
directly costs funds funds
2021 2021 2021 2020
£ £ £ £
Community programmes 165,998 10,494 176,492 284,867
TOTAL 2020 275,956 8,911 284,867
ANALYSISOFDIRECTCOSTS
Total Total
funds funds
2021 2020
£ £
Staffcosts for the qualified delivery of social inclusion and education
resources and programmes. 163,788 251,619
Consultancy (Bid writing) - 125
Minibus Hire - 806
Other costs 2,190 11,001
Matchday Lotterycosts 20 405
Memberships - 12,000
165,998 275,956

Page 14

WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

  1. ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED)

ANALYSIS OF SUPPORT COSTS

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||||||| |---|---|---|---|---|---| |Total|Total| |funds|funds| |2021|2020| |£|£| |Depreciation|5,154|5,228| |Admin|Costs|723|258| |Insurance|299|-| |Independant|examiners’|fees|2,220|2,130| |Vehicle|repairs|and|maintenance|1,034|-| |Entertainment|283|111| |Hotels,|travel|and|subsistence|642|-| |Subscriptions|-|100| |Training|costs|139|1,212| |Bad|debits|-|5,160| |Loss/(Profit)|on|disposal|-|(5,288)| |10,494|8,911|

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8. INDEPENDENT EXAMINER'S REMUNERATION

The independent examiner's remuneration amounts to an independent examiner fee of £2,220 (2020 - £2,130).

9. STAFF COSTS

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|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |2021|2020| |£|£| |Wages|and|salaries|146,859|226,207| |Social|security|costs|10,306|15,361| |Contribution|to|defined|contribution|pension|schemes|6,623|10,051| |163,788|251,619| |The|average|number|of persons|employed|by|the|charity|during|the|year was|as|follows:|

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||||||| |---|---|---|---|---|---| |2021|2020| |No.|No.| |Admin|and|support|staff|6|10|

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WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

9. STAFF COSTS (CONTINUED)

No employee received remuneration amounting to more than £60,000 in either year.

10. TRUSTEES’ REMUNERATION AND EXPENSES

During the year, no Trustees received any remuneration or other benefits (2020 - ENIL).

During the year ended 31 May 2021, no Trustee expenses have been incurred (2020 - ENIL).

11. TANGIBLE FIXED ASSETS

Motor Office
vehicles equipment Total
£ £ £
COST ORVALUATION
At 7 June 2020 19,800 3,040 22,840
Additions - 365 365
At 31 May 2021 19,800 3,405 23,205
DEPRECIATION
At 1 June 2020 7,330 2,927 10,257
Charge for the year 4,950 204 5,154
At 31 May2021 12,280 3,131 15,411
NET BOOK VALUE
At 31 May2021 7,520 274 7,794
At31May2020 12,470 113 12,583

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WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

12. DEBTORS

2021 2020
£ £
DUE WITHIN ONE YEAR
Trade debtors 20,700 26,180
Prepayments and accrued income 2,500 12,863
23,200 39,043

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021 2020
£ £
Trade creditors 2,370 -
Accruals and deferred income 4,897 12,316
7,267 12,316

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WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

14. STATEMENT OF FUNDS

STATEMENT OF FUNDS -CURRENT YEAR
Balance at 1 Balance at
June 2020 Income Expenditure 31 May 2021
£ £ £ £
UNRESTRICTED FUNDS
Reserves 136,659 85,511 (83,787) 138,383
RESTRICTED FUNDS
Government Grant - 126,481 (97,391) 29,090
TOTAL OF FUNDS 136,659 211,992 (181,178) 167,473
STATEMENT OF FUNDS - PRIORYEAR
Balance at Balance at
1 June 2019 Income Expenditure 31 May 2020
£ £ £ £
UNRESTRICTED FUNDS
Reserves 197,780 242,080 (303,201) 136,659
RESTRICTED FUNDS
Government Grant - 32,609 (32,609) -
TOTAL OF FUNDS 197,780 274,689 (335,810) 136,659
RestrictedFunds

Government grant - grant received to support the most vunerable sector of society during Covid pandemic.

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WORCESTER WARRIORS COMMUNITY FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021

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15. ANALYSIS OF NET ASSETS BETWEEN FUNDS

ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR

Restricted Unrestricted Total
funds funds funds
2021 2021 2021
£ £ £
Tangible fixed assets - 7,794 7,794
Current assets 29,090 137,856 166,946
Creditorsdue within one year - (7,267) (7,267)
TOTAL 29,090 138,383 167,473

TOTAL

ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR

Unrestricted Total
funds funds
2020 2020
£ £
Tangible fixed assets 12,583 12,583
Current assets 136,392 136,392
Creditors due within oneyear (12,316) (12,316)
TOTAL 136,659 136,659

TOTAL

  1. PENSION COMMITMENTS

During the year, pension contributions of £6,623 (2020: £10,051) were paid to a defined contribution pension scheme. Included within creditors at the year end is a pension commitment of £NIL (2020: £NIL).

  1. RELATED PARTY TRANSACTIONS

WRFC Players Limited perform payroll services on behalf of Worcester Warriors Community Foundation. During the year salary costs of £163,788 (2020 - £251,619) were recharged to the charity from WRFC Players Limited. C Goldring is directors of both entities during the period.

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