Charlty reglstration number 1133136 Company rogistration number 06902389 IEngland and Walo8} WORCESTER COMMUNITY FUND FOUNDATION WORCESTER WARRIORS COMMUNITY FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
WORCESTER WARRIORS COMMUNITY FOUNDATION CONTENTS Page R81orwt¢e and Admlnlstrauve Detsrfs of Ine Ch Trustees. reiKffi Stsl8mgnt ofTruste&s' respoFwi¥liti88 Inde[ndent ex8minerfs report Statemenl of financial aclivili 10-11 Slaiement tt finarw)al Fxjsition 12 Moles to tho finan¢W Btateme?t8 16-25
WORCESTER WARRIORS COMMUNITY FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees L Hevmtt J Clegg J Glbson J P8ntgr {Chafflw) C Pennèll M Smith (Appoirited 16 Septen* 2024 Chlef Exgcutive Olllcor. DlrKtor and Secretary CHart <Resign8d as DlrecW 1 Juno 20241 Charlty number 1133136 Company numb•r 06902389 Reglslornd offlce ROY Porcelaln Works Severn Street Worcesler Worces18tshire WR12NE Independènt examln9r Kendull Wadley LLP Granla Lndgft 71 Graham Road Malvem Worcestershire WR14 2JS Bank8 Natwgst Bank PLC 1 The Crvss Worcester WR13PR
WORCESTER WARRIORS COMMUNITY FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MAY2024 The Truslees pSent Ihoir annual reFXt aThl Ilnancial statements kn the ar ended 31 May 2024. Tho financi81 stsliN)Iiinls have bn prepa In aCan wrtb. the acrmnting pDIMieY yel out tn nole 1 to thè finarKSAI slalernents and compty with tha ch8rity's constilulDn. thE) CorN)tmies Act 20C6 and "Ac.rJyJniing and Reportlng by Ch8rib"es'. Slatoment of Recornmended Practic8 appl.'ctbl8 lo cllarltics preparing thr a¢Unts in aC[dCe wilh the Finanoai RePCIng Standard aKabI9 in the UK And Republi¢ of Ir81Bnd IFRS 102). (qffgGtlve 1 JanUY 2019). OblocV•S and actlytts For the benofit of the public weralty WKJ In wlular inhabitants of WoTC83ter, w(¥rleIllre ond the West Mldlands. . To tonth (x>mnwnity particIFBTh) In healthy rwrn8tlon by woMdln9 fKilities fcff the F4ayirHJ cl nbY union and othar SP¢vl% ¢pable of iniprovin9 health. To adva10 th(3 educ8tion of cliildon arvj young ppIe lhr¢gh such moans as Ihe Tw51ees Ihink fit in acc4xdaiii wilh Ihe laws ol me clrdrity. To provide and assist in provlding faciliti88 for SFKNt, CreatI rx othar loisuro tirng o¢cupatTh of such P8(sons who have need such fyJlliies by r8asm of thelr youth, age, Infirmity or tti&8bleTrAJnt, prAle or racial and econDryiC circumstances of for the wbliG al larw In tha interests of sc(ial welfar¢ and wilh the obit of ImprovirvJ 1r I))nd of lrfe. Putyl¢ belfit Thp, Ttee$ have paid due regard to guKJan(¥ ipsued by the Charity Commissiorb in deciding ociivilley th charity should undgrtake. Achlevements and pprfornrteè SignrfKant adfvits'es and aChvamentS 49gair oiyeclive$ Our imptsct TOPOrt on the PTec8ding pages INghlight soff of (wr mth lVMents In Ihe year and pka8e flnd as follows a summary of our maln acdvllk5. Mlxed Abllltyllnclusion Rugty We worked really hard to k8ep ryjr Indusbn RFC together wthon nwed away Irom their home. SlThayB stadi*. RelrKating was a v8ry drfficull deeislon to make bul we had to safewd our partwants were al strugglln9 wlth tr1r mental wdltyjing thrIgh1)Ut the turbulanl times 8t the Cl. However, having begun to Lxjild 8 IXJSil1¥8 relaliixshlp wlh the new owffiers. il bB8n posslble b rnov8 th Inclusion Tpam back lo wher8 they belong. intact wthout k)sing onc member. Tom 8in¢14iT, Wawrlors Foundaiion Incluslon Team sald Y can't actualty beliove we ere b[ F4ayino al Iho place I love morp Ihan anythwbg else in Wodd. My World fell apart when we had to rnov8 away and I have droamed atjoul bwng back here day. Found8b'on make everyihing ws8)le.. Our IaUS1¥9 rugby 8es51cs ar8 Still very tM)pular. Over the nIer months wa héld weekjy soss1 at ow new hom loc1n9 on seai¥d aclivty and drllls. This combln8d th OUT Wellbolng Café proved invalLIBble whllst OLrtdoor sp4¥u limited due lo bad Wt)8iher. &nce March. we have teen back outdoors 8rKJ ha¥8 r8c6nty moved this inlil8ilve back to the main pitch al SIKways Stadium. What our Partlclpants and SolCO Users have to say 'lndusKm rugby mwis everything to me. I have niade meaningfvl frlendships Ihot l otherwlse would r1 have made. l roughlY enjoy jurnping on Ihe bus and geltSng to play agalnsl cth8r tgams and visit diff8r8nl pfaces. I have arned a k)t qbout myself now and the person I want lo berne bocgiise ol taking up rugby. I have now rotumed to playin9 fo(rtb811 Monday8 Ico. Training is son7ethlng 1 kx)k foward lo aTrJ I cannot wait fo coff arxl se? everyone each week. The team we supportive. frIllY and g'vg you k)18 ol encDwagern0nL"
WORCESTER WARRIORS COMMUNITY FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AIAY 2024 In$plrln9 tha naxt g•nwallon Over the lasi twelvo months we hav8 dellyered nlne ontrday inGlue40n camps for children wh) wwld nol noimalty gèt the opportunily lo lake part in Jtf-Iern7 sp)rl Lamps. Dobvèred out of Kidderminster RFC Ihe camps were all daSigd arokn'nd mul;1 spxts and games which were both frjn and engaging lor au. Thmugh these camps 360 young peOe berffifitt8d. Illalking Rugby Lasl mcth w8 had our record numtor of patdpants pla.ng Walking Rugby 50 perS at 3 dubs with 2 mc ¥tsrting up In Junè. Colln Read - Walklng Rugby Participant Walkir.g Rugby has made a big diilerence to my life as a semi rellree. It has enabled me play the sp)rt I most onjoyed as 8 young man, al 8 th.mè In my lffe when I thought it had passed me by, The year5 have rolled back Each week I sp¢rKI an hour in tho company ol likc-minded pooF4e of 811 ages In an IndLisive and wekDming environment playlng spori I love. For me walking rugby has providod all Iho olomgnls It p(nised rrtness and fri8nd$h',p. may It conttriuo to thrtye so ltsl more IndidU818 can reap the bene.fits.' Blind Ru9by The Foundation hovirwJ been apwjlntod as tha n8tw)nal F¥ovider f(Y 8rftish BllrKI SKY)rt (BBSI WKI Rctyal NalW)nal Instltute for Ihe BliTrJ (RNIB) 8IoT¥Jsldé Th8 Change Foundknon (TCF) for BlirKJM rugby on The See Sport Differently Projed wdl enable us to Th)1 onty grow Ihe g8me on a k)cal lovd in Worcester but al a national level across 811 the wpmi8tship clubs. This accrediiauon puts us * the table wilhin bllnd Sport rfth the FA. The Lawn Tennis Associa11, slM England. and UK Athletics. This 1% a huge accolade for 811 the work the team has pul inln IIIE devolupffteni of th18 9ame. Working with 88S and RNIB wll Ve us the necessary contacis and resources lo able to reach ihe Blind and Vl communty ac¥05S tho country. We have de¥8ped a dellvery Ih8l wlu enat4e us to hcpofuly w(k with all Pr8mler8hip clubs the Welgh reginns and dubs n Scouand and Northern Ireland with and Birn of gettJn9 the gam¥ propcrly re9iJlalad and offlc.lally rocognised by Prem RugbylRFU <811nd I Vl fugby 16 alreaty I0ned as a rAivery slrand by the WRU 4nd is Included in their disability dg1i¥8ry rviroM0nts.) We were dohghtod kn be in a positron to bost threa Vl and bltt leafns indudirwj The Chango Fwncjai, 8rkl Cardrfl Rugby. We hov8 8180 been )8¢hg children at New clege Wof¢estèr on a regul b8si$. Mathew L8ncett. one of our Vl p&lK4panls hw now evdved into a position. 8EN Dolivery Sinee SepteMr we have worked across 10 SEN sclHxts. 2 Behaviwr sdMxAs afKI 1 ch pn>vi5ion {Aem)$}. Wllhin SEN scho$ we deliver stnxtured and unstructured adapted physical edIFJt10n lesson3 ft)r ¥ludvi)ts whore they ean 8XOre dfflerent ndS of equipment s¢Jpportod by staff and pupils to achlov8 C8rtain targ. We hav8 a150 been upskillirrj slaly In confidence lo doliverlsupport P.E sessiDns and how thoy further makè an irnpad on individuals Ihfcwh physi(zl aGilvty. WIINn behavlow gcho)Is we hawe teen 5upportli individuels. Wgllbeing by Pfovirfing 1-1 $portin9 c sll-L)wn 8e66ions. Usually, 5FQrt Is u¥ad io bre&k ¢xn any bankrs and lo find C*fflr ground wilh thenk Wheclchalr ftugty We have seen lfterS inuea58 over the last year 8rtd rggulaty hBve a leam on Monday evenin Slnce moving to our nth¥ home. wfi have formed 4 retIOnsh valh The Klngs Sthcd wh) e ol thetr $wrts hall whith 1$ greal and sav68 U8 mCrfy oil rts'n9 space.
WORCESTER WARRIORS COMMUNITY FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED} FOR THE YEAR ENDED 31 MA Y 2024 Only Glrts Allowad Sincp. Ihe pandem. have strwL4ed lo reach the rKevK)U8 P8rllcpation numbeTs in respect of OLr women's onty Inrfi81ive. The Inliiativo is deBkJned to supp)rt women are 5fnwllng th confidence. have knv salf-estovin and struggle wllh rn1 wellb6in9 as well as physkal 8bHttios. H(ever. since to our 0.n faclllty, w8 are happy to report n Wurn In p8A1dpati numbers wtth sL¥ne w foertiack. We ut411se a local fltness and wel#)eing coach to deliver this initialive. ha¥e r From Karon 'My flrsl exercise in a I 11rn6. So gigj I ducked up the cour898 tu go. Irene is so ff1endly and helplul I'll definitdy te back nexi w88L' Frnm Jodle 'FaDulous class. Fr8 adopts all exerc&gs to yr strenoths and weakno8se8. Really enjoyed It thank you Irene. see you n9Xt week." From Debbi• "l Nisl want to say th81 l attoTrJed Warriors FouTrdBtion ffiths yeslerd8y. Irene made me feel very welttjme and Sha cater6 for all abililtes. I redty Onjoy il and will be back $con thank you." Fi8hing Fun Aftor a last rrffier wr f•hing kYOJecl rastsrted m 29th April wlth Th&Asplre AClemY and thelr student8. The Asplre A(¥dry is an dternatFve wovisiDn for 11-16 year objs who hfj. or h8ve had irdUm8 In thelr young lives. The sessiors are tsrgeted tti hdp improvg Ir mentd tIbeIng whil81 giviry the youn9 peop 8pacv lo brvaih and eryoy the calm that cing iyJtdoor5 rAn bring with r,0 pre3SLW. all(M'ng Ihom to oxFerience PE@ Ki Ihoir Iraumatlc livas. This typo of tlty Can help lo buld reslliènce and (xwkn9 3trategio8 through a holisb'c approach. Dementia C• Now Into Fls glh year, ihe Domentia Café consistent and r8ded Servtce pèoplg fving wilh domentia, and thèlr carers in and 8nxJnd W0rtssr. The Cale has been d8emed as 51 praclc8 by Ago UK Ictavy and UK rwlaly 5ignpo8t F410Ple b us 8$ do GP'S and other aduft sodal care 8ervlces. Each week we have 40 peWe VIng with 2 dl8gn(Eis and thor familear98 attend they bonefft fm a range ot activiltes iludIng. Bo(xMa. tsble lennB. ngIng, s8ls3 d3noThJ. scatgd crfckeL yo9a. 6tretch baTrd exerct3Q5, and muGh n We 8IBo had a clstMaS paty. Easter a1 rently. a SUMM BBQ cooked by Dan Harry. Ylellbelng Galé We opened our Wellbeing Calé in January 2024. The obl8dlv8 of the café 18 to provlde a safg place for vulner8ble people Io c4yne and enioy rewlional activllles. TImU the mnth8 we WgGialty we rwjlarty had 3540 Beryhx users at eath Café. 8upportirvJ tho A81 Gam We wefe deligh(ed lo be at4e to supp(xt the Acquired 8raln Injury Gaws, deliverifto Walk¥0 Rugby 81 the Universlty ol Wurcegtsr Arena earlief y8ar. cce[Au811sed and overseen ty Padway Wwceskrshffe. VMI. Games offw pee Thlth * acquired IY8in 6nJiiry an oppjthiiity to panile in physica. cognib've and Ilfe skills, indudirKJ activiti8s Ike. Boccia, Walkw TonThs, bakln9 a cake, aThl as well as crnative exwe8on li111e9, Such a8 pottery arKI ¢r8ftB. 11 w86 an bjcrgdlbty spo(i¥l day and In7 w811 for next year.
WORCESTER WARRIORS COMMUNITY FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 Whèelehalr Rugby Pro's 11 was an incredibly prd and Inspiring day for our INhed¢har Rugby players arml wchAs. Both an equally exciung a.qd neQra¢kkng opp(xttAnty as we got to Wtsdpalo In cyjr fvst ever Wtrnlthair Rugby 5s loumam8nt hosled by The Drans. Dgspilp there being lots lo lakg on board and h&Jhlane gamBs from the c41. s#49 thw themselves wholeheartedty into tho ecnpeIiti and 8h(Mod wo'rè eok)tsal n effort. heart and loamwLYk. Tho toam wgrB ovgrwhekned 1th complimw)ts, ond ¢ouhJ not te moro proud. Our Staff Tlits FLwnda1iI pridgs Itself on rewlUrvJ 54d the best people *)0 have expertt5e In WQfking wilh partlopanls vAw) have complex needs. Wo are skined al adw'ng gpcxls to net ir¥lividu81 requiremerts ensuring that nob(xly is left b8lx"no. We have cr(2#ted, over Ihe years. 8 culture that is based UFKJn wowiife balance, respecl. mulual suppcrt and hard wom. Tlw's culture has sérvéd wall over the last lew twbulenl years. Tho F¢)undation Team has roc4vod Th8 H•gh Sheriff8 Award for Samces to the C¢)mmurMty. We believe ihal everyone stukI have oPFnty to Imwove ihelr mental •xl }y$l¢81 weHbeirg in an 8nvironmenl thai Is ljolh salg WKI appropfiate. Vvhelher >ru are a 1Kapal or a memtw d slaff. We would bko to tako this q)portunity to thank Tlvj Na(81 Lottery c1ynwlfy Fund k¥ b91igving in our misslon and sharing our visirm. Every day we Knprove thè kve8 (rf p8ople auoss our cJ)mmunity 8nd wlhoui knis 8UPtx)rL It WLwld not be POS8ItAg. Flnan¢lo1 r6ViOW Inrnmfi rocewed fr(Mn do.iailons charitable &tpAlies affthnled lo £294.1&1 (2023.. £255.056) after exp8nditu of £251.T17 {2023.' £242.125) a surplus was a 8thVed at the year end 01 £42.38612023. sUS of £12,931). Tol81 re$eNeg as at 31 May 2024 amnted lo £344.198 {2023.. £301.812). whthls rew8s8nt8d ty rg8trlctod fvrKIs of £59,959 12023. £91,790), desIal00 ftsnd6 01 £32.808 12023: £42.278) and unrE5tricteil furid8 of £251,431 120Z3.' 1fj7,744). Going concem Aftgr maklrwJ Bppfopriate 8nquiri8S. the TnJst8es have a reasonable expoCtalM)n tl)at the tharity has ad9quat? resources to continue in op8rdlional ftxistence for the foreseeable future. For thi5 reason. they continuo lo adopt th8 goiiw concwn basis in preparlng the financial ststaments. Furthor detaus regarding th8 adDpts'on of the 90in9 concern fan be fnd in a¢{J)Unn9 polcles. poliGy Al 31 May 2024. free re8ervo8 anuted 10 £2 16,062 12023 £163,236) wl)idi tho Tw8lee8 Gon8hJer suificlgnl to mèet the chafiiw rgJuirements lor the next 12 moftths. This anTr)unt 8quaies io 10.3 morth5 total expendlture {2023'. 7.8 months) baséd on rrent eyFefKlitrJre Ve15. 8tructure, governance and management The charily 13 registwred as a charitable cryany lkniled by QLoranlee 8TrJ wa5 sel up by 8 Memorandum L Associati(m on 11 May 2009. tho th2ri1Vg Ccrfnpany r8glslralion number is 069)2389 2j Charity number is 1133135.
WORCESTER WARRIORS COMMUNITY FOUNDATION TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MAY 2Q24 The Truslees, who we also the dlrectors for th8 purpose L COMpY law. 8nd who seNed during fv year and up to Ihe dala of svJnatwe of the financial statements were: L Howrytt J Cleg9 J Gibson R MUaY J PanteT {Chairmn) C Pennell M Srrilh E Hlwlngo8ftth {Restyed 9 December 2024) IApp)inled 16 Septomber 2024) {Appointth4 16 Septwr,ber 2024 8nd reslgned 6 Nov¢mbe 2024) RarJultmgnl snd appolMen1 ollrnstees The m&iwgernent crf diarily is Il¥) f8sF1eY ofthe Trn3teeJ who are 85eclod ar¥J CQ¥QPt8d uTrJer Ihe terms ol the Tfust deed. trust88s wiff be Induded tts Ihe worklngs of the charity. incknlKig poliGio8 aTrJ Proceduos. at an Indu¢tlon meeling wtih ihe Chairman. Neiv Trustees are apgonted at Trustee's meetings. Noi)ft ()f Ilw Tiusteos ha% any bonoficial intcrcst in Ihe drItY. Alt the Trvslees are mombars ol the charity and guarant¢o to contn'bLlte £1 the evenl of a ndIng ucs. organis3tftal $IrtU Siaffln9 Drslivery staff for the prry8mme wlll be seiecled baseli wi expgrknn¢g, qualtkation suiteNIty tha role and may be either: A Employeos ol tha ¢harty B EmF4oyeos of a sullably mai(l)ed p8rtn8f olgars80n com88km8d lo d81iv8T the chathtys wor The rèwt of thè l¢usiees has been wepareo In aX)Yda witti th8 sFKxxDI provisi(w)s fling lo the small eompanies règknè. The Tru5tee6' repcvl was apprryrfed by Board ol Tr(1¢05. Chalr of TN•t• 20 JaNary 2025
WORCESTER WARRIORS COMMUNITY FOUNDATION STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MAY 2024 Tho Trustees. who are algo the deOr$ ol WcwAstsr Warrlors Community FoundatKsn for Ihe purpjse of company law, aro responsibla fof prepar.ng the Triistees, Report and tho Ilnaiiclal slatemenls In aGGordance with appliLablo law and Uniled Kingdom AccounlirKJ Standards IUnit14d kn"ngdom Generally Accopted Ac4ounting Practth). Company Law requlfes Ihe Truslees to prepare firffjnciul siatemen> for eth fin¥137 yoor which gi¥e a true and fair vlgw of the slA18 01 affairs of th8 thyrity and uf the incomlng re3ourGVS and wlKation uf r6souTC68. inclwllng the Incom6 and exndIte. of tho charlt8bk company for thal yoar. In wepsrlng those fln8nc481 Statnts. the Trustops 8r6 Yoquked to: - select suilable accounting polths and then aFvty them consstanty, - tJbserv8 tho melliLKts arKJ priapleS In 11)e Charities SORP., - make jud96m8nts aThJ 85tlmat8s thal are reaalA6 and prudonL - state whelher applicablo UK A¢i*unting Standards hav8 been Ic4k)woa, yublejx to any rnaterfal departur96 di5dosod aNI explainod in the ffiancial str4tfjfnts: and - prepare the. fin8ncwl slalements on Ihe 90ry concwn ba81¥ it is inaprKopriaia to thal the charity will ¢r)ntinue In (vratic. Thè Truste88 are reSpolb18 ft)r kg8ping adequate 8c£ountlno records Ihal disclose wth regsonable accuracy at ¥ny time the financial poshion ol Ihp ¢harlty and enablo Ihem lo Dnsuro that the fiiwncial stalom8nls comply wllh Iho Companies Aci 2Tr)6. They are also respt)nsible for safegvarding the assets of the charity and honce for taklTrJ reasonable st8ps Ihe prevenOn aNA d8tecUon of fraud and other irrBgul8rities.
WORCESTER WARRIORS COMMUNrrY FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WORCESTER WARRIORS COMMUNITY FOUNDATION I report lo the Trustees on iiiy vxamlnatbjn of the finandal sta18rnents of WoTresi8r WaTriors Commmity FOWallOn Ilhe cTrwrity) for thè year ended 31 May 2024. R8$pon8ibi111Se8 and b8519 of report As the TsleeS of Ihe charity {and also its directors fLY the wrwses of comFony law) you are responiilble for the preparation of tho financial slalernenis kn 8ccordants the requlrwnents ol the CompaTrles Acl (the 2CKI8 Aet). Having sallsfied myEelf fftal the ftrnCIaI slamenis of U)e chartty 8re not required io bo audI4d uiider Part 16 01 2006 Act wid are ollyible fLY Independent examinalion, I rekYJrt In re5PQCt of my ex8minatlon of the chariV8 fin8nciel stsiements carrieJJ urfer sedion 145 01 the Charit$ Act 2011 {th8 2011 Acll In canyro out my examination I have followed 811 the ap¢80 chO5 wen ty th8 Chtrity Commission nder 8e¢tlon 1445)(bl ¢Athe 2011 Acl. IndondnI èxamln•rf$ stal•ment Gincp. Ihe charlty's gr$6 income ex¢ed e250:000 your eXamr must a member o, o body fiste(l in 50clion 145 of the 2011 Act. I canfim that l Rrn qualifFed to tsndertake exarnlnallon because l am a rnember of rhe Institute of Chart6r&d Accounlanl$ In Engknd an(1 Wdes. TAttlch Is one crf the Ited trfxI. I have ctJr,tAeled my examinati)n. I conllmi rn matters have cy)me lo my attenticY in connecihjn wth Ihe oxamination giving rne cause lo belleve Ihal in any n)8terial respert. accounting records were not kopt in reS¢t of the charity as reqr0d ty seth'on 386 of tho 2006A¢t'. or thg fin8ncial statements (kj not acco TrIh thos0 records: or the finaimial 81alern8nt$ not compld wrth Ihe accounting reVreIS of Secti( 396 of the 20C6 Act other than dny rcquiremeni Ihal t aCcnts gfve a true arrtl fa view tieh is nol a mat@r con5kler•J a$ Pdrt ol an Independent examinabon,. or tho financial st818rnents havo not bèen prepared In 8oxxdarts melhod6 princyles of Ihe Stalumenl of Roc¢nmend8d Pt8atr¢o for accountin9 and rvportlng by chanlies 8ptyicablD lo charith88 preparFTrJ thelr acoxjnts in COrd&n¢ With the Firk3tf4al RoPQrt4vJ St8Th1ard aPpIabl8 sn the UK Rewblc of (FRS Iir21. I h8vo no c(xKerrn5 and como 4¥XOSS no Oiher m.itteTr in conn8dion wtth the exami1i8lion lo {ch att9nllon should be dTrwn in this repK¥t in order lo enabEe a proper understanding of the finaiicaal stalenn15 lo be roached. h IAorley BA (Hons) ACA Kendall Wadhy LLP Granta Lodge 71 Gf8ham Road Malvern Worce¥ter8hYe WR14 2JS Dated." 20 January 2025
WORCESTER WARRIORS COMMUNITY FOUNDATION STATEMENT OF FINANCIAL ACTNITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MAY 2024 Total Curront flnancial year Unrestricted Unre6trtcted rund8 funds general dfrsignated 2024 2024 Restri¢ted funds Total 2024 2024 2023 Notes Incomo frorn: ODnation8 and leg8CieS Ch<lfilable 8rtivitiQ8 Olher Ira¢ln9 arAlvlties 170.522 84.534 47.032 33.416 213,61S 260.647 33,416 100 1(KJ Total incom8 80.448 213,715 29d.163 255,056 Expendlture on: Raisinu ftjnds Charilabie e¢llvitios 16.013 11,525 16.013 235,764 14,597 227.528 9,470 214,769 27,538 9,470 214.769 251,7TI 242.125 iotal exp8ndllure Net Incom¢ll•xpend5turo) 52.910 (9.470) 11,0541 42,386 12,931 Trarnler& betwe fur•Js 12 30.7TT (30,777) Not movement In funds 83.687 19.470) (3',,&11) 42.386 12,931 ReG¢n¢llialion of furAs: Fund balances at 1 Jurkl 2023 42.278 91.79) 301.812 288.881 167.744 Fund balances at 31 May 2024 251,431 32.808 59,959 344,198 301,812 The gtatop,l d lknanclal adivliEs incAth all gBl¥)s and1058¢8 reotyiised in thg ye8r. All and expendrture deri¥8 from cortiwing &thtses. 10-
WORCESTER WARRIORS COMMUNITY FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MA Y2024 Prlor financial year Unrestrlcted Unrestrfcted funds funds genoral doslgnated 2023 2023 Restrleted funds Total Note5 2023 2023 Incomo Irorn: Donalionq and logacles Charilablo 8Ctlvlii06 11.486 84,534 1S9.036 170,522 84,534 Tota incomg 96.020 159.036 255,056 Expondlturo on:" Raisli)g furyls Charitable ¥liwlies 14.597 71,205 14,$97 227.528 156,323 Totsl exp•ndttuf¢ 85.802 156.323 242.125 N61 In¢omg 10.218 2.713 12,931 Transfe between funds 12 42,218 {47278 Net nKIV8meirt In fund6 10,218 42.278 (39,565) 12.931 R•conclliation ol funds: Fuiid b8lan¢es 011 June 2022 157.526 131.355 288.881 Fund balances at 31 May 2023 1fj7.744 42,278 91.790 301.812 11
WORCESTER WARRIORS COMMUNITY FOUNDATION STATEMENT OF FINANCIAL POSITION ASAT 31 MAY2024 2024 2023 Notes Flxed assets Tangible 8SSOts 13 68,177 50.250 Current assets Debtors C8sh at bank and in hoTrJ 14 3.764 292,598 14.4 245.664 296.362 260,064 Credltors: amounts falllng due wfthln one year 15 20,341 8.502 Net cur8nl asts 276,021 251,562 Nol ass•t8 344.198 301.812 Th• lund• of th• ¢h•rlty Restricted Income funds Unr8slrtclud liS - genergl UnStr1 funds - deswJnated 17 .fj9,WJ9 251.431 32,808 91,790 167,744 42.278 18 344,198 301,812 The comp8ny15 enUtl¢xl ihe exempllon Ir(¥n dudm 14uirement wr..lain¢(I n s8¢tlon 477 01 thè Compgnies Act 2006. for the year endj 31 May 2024. Tho dlrodors ocknovAedge their regponsiblllias for COM1rj yh Ibo raquwomgnts of the Ad 2006 with resFect io acGourfirKJ rgcA)rds arxl the prEp8r81h)n ol fala1 ststernents. The nmbArs havo Ilot Yoquired tho company i)18in en audit of Its fmndal statamorrts fur the year in we5tion aGr[larKe with aectM)n 476. Thes8 fin8nclal slatemenls have bgen Ftspwad kn accI)rd with the provlslons applicable lo ttxnpani08 subject io the sm811 comp8nles reglme. Th6 financi Ista nl8 V4*fe 8Fvrovcd by the Tru8tees 20 JanLHry 2025 JPar Truwt•• irynan) Company regl3lrnt1 Thjrtier Q6902389 [Eland 8iMI Walos) 12-
WORCESTER WARRIORS COMMUNITY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MA Y 2024 AcMunOng pollcl•8 Charity Infonnallon Worcester Warrrors Comnnity FowTrJation fs a prfv818 compwby lirtlNd by Lwaf8nt89 in England aThJ Wales {Gompany nurnler: 06902389) and a tharity registered ii) Endand 8nd Wa169 IchHiity ryJmbL)r. 11331361. Tli ddrgss of ts rbglstw8d <)ffice is Royal PofC618in Works, Sevem Str991, WCcear. WortWieh1r0, WR1 2NE. 1.1 Accounting conv•fttlon Tlie linar.cial slaiements have b8en pTrparod kn ac¢ordancB wth the ComFleS kt 2(K)6. FRS 102 Filmncl RekK)rting Standard applicable in tho UK and Republic of lrelar.rf {"rRS 102.1 and the Charilieg SORP "ACnng and Reportiqg by Charilles." Statement of Recommended PracLce aptdicable lo chariJes preparing their 8eccAJnts in 8ccordance 7Mth the FInarla1 Rep)Tting Standard applKable In the UK and Republic of IrelaTrJ IFRS 102}. (èffa¢t 1 Juary 2019). The charlty 1$ a PuDlic Benefit Enlttri as defined by FRS 102 financlal 8talorn8nts arn pr8parod in sterlkng, Vdhich is th8 fLr*ctional cwrency of the Gh8rity. Monetary amounts in these fflron¢iaF sLitwrory1& are re709d to the nearest £ The finarKi818taterrtnts havfj en rxepared wKlor the hlslorical eost convcntion. Thg rncIPal a¢¢omting )Ild8$ ad(wtèd are sBt CArt tslow. 12 Golng concern Al the tsrne of appThir.g Ilie finanda stalemenis. TTU51ees have a rea6able OKpecl81ion thai the charlty has adequate fesnijrccs lo cotilinug in operational BStarKe for the Icffcseeable fijlure at]d thal there 8re no material uncertavitigs abwt rts ability lo ojnlinue. Thus the Tru3teos continuo to I1 gc¥ng concern basi% of 8ccothting in prepak7ng the finartial 61atements. 1.3 Charitable fun(ts Unreslrlclèd funds aro awdilablo for use at the di8crntion of the Trusteos kn furtheran¢8 ol Ihelr ttha1ltaP )leclivos. DeslgnateA fuTrJ$ u)mprlse unrgstriGted furKls that have bèen set aside by th& IN8188s for partIar pwposes. The atm and use cl designate4J fd AS set tmrt thg notes to the financi81 statem•M8. Restrcled fimd8 are S1•1 lo spects condllkxts by do or grdntors as to hDW they be used. Tho PUTposes and u8e3 thg restsicted furxjs are sel t in tts notes lo the finanThal stalemonts. 1.4 Income Inr4)rne Is tecoar¥88d wn the charity ig le981ty tiled to it aft•r P8r1Thn colItI1 havé been met. thè am1nts can be me88wed rglabty. and it 15 probable that InC4Yr be received. cash d(atIonS ¥è recognised on rec8ipt. 011 donatn5 r9¢0wised 0Tr¢o th8 chwity has been notified of the donation, unles5 perlorman¢e conditions roqutie defetral of the amup.t. Income racoverable In relatoon io donatM?ns rocoiyvd uThJer &ftAd or deeds of Govenanl Is r¥cogr45ed al the tsrri8 of the donatKIn. 13-
WORCESTER WARRIORS COMMUNITY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MAY2024 AcGountlng pollcl•s Iconlinued 1.5 Exp?ndlture Expendilwe ts rocconi8&J t)1 Ihere Is a logal ( wistrudive Cat)n tr> transfer Ècononjc benefft lo a Ihlrd party. il 1$ probable that a Iransfor of economK berefits will be required in ¥etUemènt. and amount of Ihe 0bllgat1 can be m8¥¥urwJ r8ik4bly. ExpeTrJilure is dassifled by aciivily. The wsls ol each acllvily are rn4de up of the total of dir costs and shared Costs. ncluding support C¥)sts involved In undariaking each aclivlty. Dired costs attributaLlg lo a single acllvily arc all<YAlÈd diroctly to that adlvity. Shared costs whlch contribuie lo more Uian one 8Ctlvity and supporl cosis which Ore not altn'biilAbla to a slngle activrty Jfe apt410ned beh¥8 Ihoso activities m a basls consistent WIU) Ihe use ol rosources. C¢nlro1 staff ckn#ts are 8llocatod on tha basis ol bme spenl. and depreciation tharges are allrxxted Iho portion of ihe at.# use. 1.6 Tanglblt flxed as¥ets Tangitlo fixed assgts ale Inidaly rnoasured 8t ¢osl and sub8equenty ffleaSed al cost or valuation, nel of depredallon and any imparnent losses. D4precieil 18 reu)gnlsed so a$ to vtttto off the cost or Va8 of as5els18ss their residual values OVN their useful INe8 on the foilowlng base$: Offic8 Equipmenl FounOaion Equiwnent Motor velmcles 25% Strah3ht Lkne 2SY. Strdight Line 20% Straight Line gein or10sS 8rlslryJ cn the dlwosal of an asset is dotermIrd as the difference tetwpen the sale proceeds and the ¢arry4ng value of the asset, and 18 re¢ognised in tho ststemenl of financ1 8Ctlvitios. 1.7 Imp4lrm•nt of Ilxed as#ots Al oach r8ponirg end dale. the charity revéeyds thé ¢arrywig anUnts of its tangible awts lo determi'n8 whether there 15 any in¢Yicalt(ffj th81 those assets have suffered an Impairmenl loss. If any such indubon exists, Ihe Tecover8tAe of Ihe 88yel ts estimated in order lo delermine ihe exleni of the imp8im)ent loys (if any). 1.8 CAsh and equlval•nts Cash 8r..d cash equ1v811ts I1Ude cash f ha1. held 8t with banks and olhor sbJrt4em liqthd InvestnIS wilh Odn87 maturties of three monlhs or lès& 1.9 Flnancial Instrumants The chanty 0Y has th8nclal as¥ets aTh1 lknancial liJfiltSes of a kk)d trt qualfy 89 bAsic fvonelpj strumènts. Bas financid instruments are Inlllally rowlsed at 1rnnSath valuo and 8ubwuertly moasur8d al their 58tdemÈnt valuo. 1.10 Employ•o b•ner The Gost of any unu8ed hclKlay Ontitlemenl is recogni$8d In the PWKXI in whlth the 8rnpb)Jte's 8ervlce5 8r8 Te1veLl, Tennlnalion benefits are rteeonlsed Immedlatety as an expense iyhen Iho thartty hs demonstrly eoftmnlttgd to lermlngl8 the eryiloymènl of an &M0ye8 or lo provide termir,alion benefits. 1.11 Retlrement beneflts Payments Lo defin eLYttrlbulion ret*ernent ber&fjt schrn are tharaed as èxpense as lall d. 14-
WORCESTER WARRIORS COMMUNITY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y 2024 Accountlng pollcl•8 (Cofttlnd) 1.12 Debtorn Tixde and olher blO[S a recogrised al the settl8ml afteT dlscount oflt)nxJ. Prepayments are valuwj at the Smounl pr0paKI ol Any tr8do discovnts rjue. 1.13 Llablliti Li<JiliUe8 arp reccJntsed M*en Ihefe is OLjE110n al ihe B{$ shoot date as a resuk of a past evgnt. 11 I probabln Ih8' a transfer ol OctOmIC bgnefil wll bEJ requircd it) settIewnl, and the amount of tho seiilement can estima1 roliably. Uabilil¢( are recognlsed ai lh8 8mur.I thai the Charity oiilicipales il will to sEtll8 the delA or Ik anKsunl It h83 rbrfjlved as 8¢vanced payments for the gwds or 5etvic&s It must provido. Crlllcal accountino astknalos and Judgements In Ihe #pICatIon ot chatlys accounitrw Wicles. Trustetss * roqulred to judg&mts, estrnates ano as>uiTipbons about Ihe carrying amount of 3S59ts and Ik4bilib-Ès thal uro nut readily apparent Irom othfjr Sre0$. The estimgles and assocj?tcd as8umplJons aTr based M hr61cxlro1 experienc9 a1 ottsr factors that 810 C¢)n%d8fed lo bo relev8nL Actual results m8y differ frtyn these ostimalex. The estimates and underfylnp assumptk)ns are rrnved on an Cryn9 basis. Revlsions to ac¢L)unllng 69llmates aro rorgnIsd in Ilie poriod In which the estiThle is revlsed wfipre the r9visi( affects only that [[c. or kn tho pentsj Lrf the revision &KI fulure perrods ivher6 the revl3iun al[ts J{li cwrgnt and futurg pgriods. Incom• from donatlon¥ and legaclg• Unrestricted Rostrlctod furKIs funds 2024 2024 Total Unro8trl¢ted RestrSct•d fund8 funds 2023 2023 Total 2024 2023 Donabons gits Gwts 47.032 47,032 213.615 11.486 213,615 11,486 159.036 159.0 47,032 213.615 260,647 11,486 159,036 170,522 Grants rÈeolvable cor• aellvittas The Eveson TfU8t The National Lottery CornJivJnity FL¥KI 40,CQO 22.50) 22.500 Pr•mi0rship ProiEryI .(K)0 60.C 77.044 Rugby Dementla C8f8 Roland3 Tnst Warc•sler Afflbasgadcrt Brangford Trusl Only GlrtJ AllOwj others < £5,iYJO 19.000 24,175 30.1NJO 19.OCO 24,175 4662 53,862 10,CllJ) 17.450 10.tKM) 17.450 5,830 213.615 213,615 159,036 159.036 15-
WORCESTER WARRIORS COMMUNITY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024 Incom6 Irom ch#rltablq actlvlties Unrestrlcted Unre8trlGtsd funds funds 2024 2023 Charftsblo actlvltl•8 CAJmmunity prcyamme8 Foundalitin m8mbetsWp Camp inbomo Room hire 14.928 8,856 1.555 8,OTT 73,7( 10,828 33,418 84,534 Incom¢ from oth•r trading aclivitles Restrlcted lunds 2024 Rostrfcted funds 2023 100 FundraisiTr3 ovents Expendlture on ralslng funds Unrestrlctsd Unr¢strictèd tunds lund¥ 2024 2023 FundTalslng and publlctty S8eklng don8tk)ns. oran1$ and 'eS Staff r))sis S.022 9.575 18,013 16,013 14,597 -16-
WORCESTER WARRIORS COMMUNITY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 Exp•ndlture on charltbble actlvltks Charrtable oclivlties 2024 Charitablo Z023 Dlrgct costs Stsff costs Mlnlbus o)sts Markebng cost$ atchthy Lottory eosts Facikty hira 153.777 2.235 166,089 1,847 5,100 8,553 2.802 3.433 170.818 176,489 8hare of ¥upport and go¥•rnahcg costs Isoe note 8) Stspport 6S,147 51.040 235.765 227.529 AnalyFis by fund Unrt)¥tticted fid¥ - genwal Unrestted fu - degnated Re8trictsd fw)ds 11.526 9,470 214.769 71,208 158.323 235.765 227.529 8upport ¢ts allocatod to acu 2024 2023 Depredatijn Pr8miges oo8ts Irtsurance Equipment CO8ls V8he r8P8lrs and malilenar EnlertaiThnont Holels,travÈi wbslslen aubwNOn TraInff cnsts 4Jmin ct)5ts inting. stath)nery and IT 11,815 22,226 15,412 349 7.238 8,781 1,028 4,747 2,147 6.655 1,e69 1,145 289 1,011 6.128 2,995 9,293 65.147 51.C40 Anald b•fvrnen: Charitabl8 actkrftles 65,147 51.040 17-
WORCESTER WARRIORS COMMUNITY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024 Support Go81¥ wllocated to aetlvitlgs {Continuod) 2024 2023 Goyornanca cosls ¢ompri8e: Independent F.xamIr,S fo0$: Indeperwknt Exarnin8t Accr)unlanry L&9al apd profe83ional 2.700 1.907 4.402 2.550 2,800 3,943 9.W9 9,293 Tnjsteos Non8 01 the trustees ruLlv&J romun0ratl fcy rde as TNst80 Cf Tf8 rgimtknwl expenses during Ihis or the WeoU5 year. Tho Chlef Exgcutive Officer was also a Dire¢tcK untu 1 June 2024. RemuneralM)n fc¢ her r£4e as CEO wa5 £44,762 wilh an empkjyer penslon rxJnlributKJn of £1.119. 10 Employw¥ The aver8ge monthty numbor of em0Y Ihe year was.. 2024 Number 2023 Number Employfflent costs 2024 2023 Wages als81ae3 S121 security msts other pgnsiDn c¥Jels 156.807 9,266 3.717 162.863 10,259 2,542 169.790 175.684 There were no em&4oye06 those annual lene1?On was more than £60,CIXtr. Koy ManagenI peTrcxynel rgmuneraiK>n toialled £92.447. 11 Taxatlon The drity ib $xwnpt from taxatlon M118 actNilies bac18 All ts income15 aFWlèd for ch<able purposes. 12 Trnnsl•rs A transfer of £30.777 wa$ made from the I1(0d to Unre¥Iric fK1 vthich hmdina of fixed assets for Itrk sensLY¥ rc4)m, 18-
WORCESTER WARRIORS COMMUNITY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y 2024 13 Tangible fixed assats Fouilésti Equjpment EqulpwDent v•hk Total Cost Al 1 June 2023 Addilions DbpJ$als 34,707 35.356 5.476 46.164 811.347 3 JP,356 (19.000) {19,800) At 31 M8y 2024 70,063 5,478 101,903 DeweclallDn Al 1 Jun8 2023 DopreLlation rJ)arged in ihts y8ar Eliminated lft rasw disposals 10,134 11,549 3.6L 610 22.357 36,097 5270 17.429 {19,800) (19.600) At 31 May 2024 21.683 4.216 7,827 33,728 arrylry amount At 31 May 2024 48.3 1,260 18.537 68.177 At 31 fthy 2023 24,S73 1.87D 23,7 50.25D 14 D•btor8 Amounts fallirnJ due withln one y•ar. 2024 2023 Tr•Je debtr Prepawis Ènd a¢crL Ir% 14,400 3,764 3.784 14,400 15 Cr•ditOfS: lrnounts 18lllng due wlthln one year 2024 2023 Othèr laxatkn and 8CAial $g¢wity Trad8 credllor5 A¢¢nlS 1r Trj defeed 5.635 9.975 4.731 3,917 4,585 20,341 8.5L12 16 R•Uremon¢ benefft ¥chem•8 D•fln•d contrlbutlon schemes 2024 2023 Chargo to profit or1088 In res of defirh%l rxjntrlbulicn sc* 3.717 2,542 19-
WORCESTER WARRIORS COMMUNITY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y 2024 10 Roliremont benefit m•S The charity oporate9 a deThned Ojntribulh pens stheme f all qlolttyire wnployo65. fv assets of th8 Schen are held separolely from those of the charity In an i•lep8ndenty txlrnlnislernd fvnd. (Conlinu•d) 17 Restrlctrd fund¥ The rgstrried funds of the charfty corriwise Ihé unexpended bakncES of donatM)ns gr8nis held trust 5ubJ'@d to sycific (J)nd:.tiMs by donors as to they may be us&J, Incom• Expendltur• At 1 June 2023 Translèrs At 31 May 2024 D¢mwlA Cafo The Eveson ChJriL3bie Trust Onty Girls Alloy1 Bally Tts)m35 Cliarftabio Trust Worcestethra County CoK#K41 Bar¢hester Healthcaie Sensory Room Nalional Lottery Pr•mier8hipiProlect Rug Hrtz Fhffig AeJemy Make Your Ma SEN Rugby Le1cesterTè[S Wheethlr Rugby 24.275 40.1)00 10.IXMJ 15.0gB} (40,000) {3.330) (2,500} (16.754) 19.177 6,670 33,452 2.750 Iiow) 17.448 42,99) (1.402) (81.732> (50,402) 12.0001 {1,259) 15.0(Ll? (3.6721 (30.777) 10.811 21.732 31,402 2.374 19. 2.OC(I 2,374 741 1,328 1.08Ql 2.7 11,620) 91.7 213.715 1214,769) (30.T77) 59.959 Previous yaar: At l Juno 2022 Inc<MY* Expendltvre TraMter• At 31 May 2023 The Ev8son Charllable TN8t Bally Thom8s Charfiable Trusl Worcestershire County C¢xncil Barchg$ter Healthc81e Nadonal Lottery PremlershiplProjed Rugby Hil 30.000 2,500 30.122 330 34,888 33.517 (10222} (42.278) 2.5CIJ 33.452 330 21.732 81,402 2,374 3,330 IW.198) (55.777) (126) 53.682 131,355 159.036 156,323 (42.278) 91,790
WORCESTER WARRIORS COMMUNITY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 17 R•8trkled fund8 (Gontlnued) DemonU& Cafo - to SUFWrt fre8 wgekly sesslDns for aryone livlng yth Demenlir1 and ttir carer5 or tsmlly wlth a rntre of acltv#ies, irthing sealing and standinll sptyls" and tsblo top ganies. The Evosm Charrfable Trust- lowards the charfty's runnng and venuE wsls inr.l.Idin9 Iilllty bills aiKJ Sevice ehaTge covering 2 year3. FundrffJ IN,ards coaching lees. for sporting activllios w)ople wilh disat4111ies. tho eldorty and Ihe honl&ss. Only Girls Allowéd- Wethly fr8Q 9F sessi($ for woffn. Baity Thoma$ crI1&blO Trust - to supwrt the rumlng costs assodated vath whoeld)tslr rugby, chai.. mainlonance arKJ venue costs. W0C&StorshIr8 County CourYAI - through multrplw grants VK Iwve man8go(I lo use these furKI8 icwaryls al prgects. Barthgstor Healthcare- Its fuThlrng Yrns dtrndy for the runnhT9 costs ass(thW with the derwtsa café. S8nsory Room - a sp8cFaised wfvate safe space f(Y chlkJr8n spèclal educatk?nal need6 cf loddler¥. N81ional Lthry- Ihk8 fund9 a porceniage of 3 staff Sala wliL.h support all L4 our propcts. PrlershvPr01t1cI Rugby- dekvorir¥ rugty in are85 of b.ighest red. Hi12- defvering A rang• d edUtional arKI Spr¥d quIfatM i)divKIu81s aro NEET. FltshingAcadèmy- fi8hrKJ ses¥toft to 8WWrt menLIt he. Make Your Mark- life skill wc¥kshops delfverad lo ¢hrf¢ren at risk ItDm excluslon fr(m educÈtK¥i. SEN Rugby- Delivoring sp(Yl to Mth 6pethal oducaiion81 needs. Leioslor Wheekthair RWy- vthoèkhair rbY 8esÉion8 f(Y chldr8n in schools. 21-
WORCESTER WARRIORS COMMUNITY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024 18 Unregtrietod funds - daslgnated These ar8 untriCted fund3 which matsrid to the &11.6$. At 1 JUDO 2023 Resours oxponded Transfèrs At 31 May 2024 Vans purchased INheelthairs purcha?wl 23,806 18.472 15.270) 14,200) 18.538 14,272 42.278 (9.470) 32,808 Provl¢)u¥ y•or: At 1 June Resources 2022 •xpondgd Transfer? At 31 May 2023 Vans purGh8S8d Whe8lthairs purcha8ed 23.8( 18.472 23.806 18.472 42.278 42,278 The above lunds relat8 to capital assets tK)ughi from grants r¢Ved frtym The Evè81 ch1tO TA. 19 Anatysls ol not a88ets between fund$ Unrèstrlctèd Unr08tricted funds fundx general deilgnated 2024 2024 Rastrleted funds Total 2024 2024 Fund balan$ at 31 May 2024 are r•pronI•d by: TaTrJlile assets Currgnl assetsl(liabIOs) 35,369 216.062 32,808 88,177 276,021 S9.959 261,431 32.8C6 59,¥49 344.198
WORCESTER WARRIORS COMMUNITY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY2024 19 And113 of net asset8 bo14Yeen funds (Contlnued) Unrestrlctsd Unrèstricted lund$ funds 99nor4 de8ignated 2023 2023 Rè$trScled funds Total 2023 2023 Fund balances at 31 May 2023 are repr•s•nled by.. TanglL48 assets Curr8nl 888eisllfiablllltes) 4,508 163236 42.276 3,464 88.326 50,250 251,562 167,744 42,278 91,7 )1.812 20 Rolaled party transacth)ns There Vrn no dis¢[0ble related paty transactions durfng tho year (2023- n(Th).