**REGISTERED CHARITY NUMBER: 1135774**
## **BOSTON RUGBY FOOTBALL CLUB**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025**
Candour Accounts Limited Endeavour House 7 Enterprise Way Pinchbeck Spalding Lincolnshire PE11 3YR
**BOSTON RUGBY FOOTBALL CLUB**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 2|
|**Independent Examiner's Report**|3|
|**Statement of Financial Activities**|4|
|**Balance Sheet**|5 to 6|
|**Notes to the Financial Statements**|7 to 12|
|**Detailed Statement of Financial Activities**|13 to 14|
**BOSTON RUGBY FOOTBALL CLUB**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2025**
The 2024/25 season has seen club members continue to pull together both on and off the pitch for the betterment for the club as a whole and for members across all age groups.
Trustees have noticed stagnating levels of participation across senior age groups, and note that increased player numbers would benefit both the playing strength of the club and the balance sheet through more player subscriptions and the reduced necessity to cancel fixtures. It is hoped the work done on this front during the 2024/25 season will reap more concrete rewards in 2025/26.
Revenue and costs continue to be a concern; spend over the club bar continues to largely flat-line, while the cost of providing member services rises - in no small part due to uplifts in minimum wage payments for the club's casual workers.
Other cost increases across the board mean expenditure has again exceeded income for the year, despite great work being done in working to minimize costs and in increasing the take-up of sponsorship. This effort is ongoing, and the trustees appreciate the work being done in this ever-more trying financial period
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charity, which is unincorporated, is governed by a written constitution adopted on 25 March 2010. The charity was registered with the Charity Commission on 4 May 2010.
Its charitable objective is the promotion of community participation in heathy recreation for the benefit of the inhabitants of Boston, Lincolnshire, by the provision of facilities and opportunities for playing Rugby Union football.
In fulfilling this objective, the trustees have had regard to the guidance issued by the Charity Commission on public benefit.
## **Trustee recruitment**
Trustees are recruited locally. They are selected because of their interest in the work of the charity or their expertise that may be used for the benefit of Boston Rugby Football Club.
## **FINANCIAL REVIEW**
## **Reserves policy**
The reserves policy of the charity is to maintain unrestricted free funds of the charity, at a sufficient level which enables the charity to be able to operate.
As at 30 April 2025 total reserves were £68,029. They will continue to monitor the reserves held by the charity and consider funds held in conjunction with other projects that the trustees may consider for the future.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1135774
Page 1
## **BOSTON RUGBY FOOTBALL CLUB**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2025**
## **Principal address**
Princess Royal Sports Arena Great Fen Road Wyberton Boston Lincolnshire PE21 7PB
## **Trustees**
Mr T Bembridge Mr S Disley Mr W Moody Mr M Miles MBE
## **Independent Examiner**
Mr J B Chappelle FCA Candour Accounts Limited Endeavour House 7 Enterprise Way Pinchbeck Spalding Lincolnshire PE11 3YR
## **Bankers**
HSBC Bank plc 53-54 Market Place Boston Lincolnshire PE21 6LS
## **Solicitors**
Sills & Betteridge 5 Main Ridge West Boston Lincolnshire PE21 6QL
## **Treasurer**
Mr W Moody
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. Mr W Moody - Trustee
Page 2
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOSTON RUGBY FOOTBALL CLUB**
## **Independent examiner's report to the trustees of Boston Rugby Football Club**
I report to the charity trustees on my examination of the accounts of Boston Rugby Football Club (the Trust) for the year ended 30 April 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I 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.
Mr J B Chappelle FCA
Candour Accounts Limited Endeavour House 7 Enterprise Way Pinchbeck Spalding Lincolnshire PE11 3YR
Date: .............................................
Page 3
**BOSTON RUGBY FOOTBALL CLUB**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025**
|**2025**
**Unrestricted**
**fund**
**Notes**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
68,498
Other trading activities
2
148,872
**Total**
217,370
**EXPENDITURE ON**
Raising funds
144,166
**Charitable activities**
Charitable activities
77,566
**Total**
221,732
**NET INCOME/(EXPENDITURE)**
(4,362)
**RECONCILIATION OF FUNDS**
Total funds brought forward
72,391
**TOTAL FUNDS CARRIED FORWARD**
68,029|**2024**
**Total**
**funds**
**£**
48,786
147,231
196,017
161,248
78,619
239,867
(43,850)
116,241
72,391|
|---|---|
The notes form part of these financial statements
Page 4
## **BOSTON RUGBY FOOTBALL CLUB**
## **BALANCE SHEET 30 APRIL 2025**
|**2025**
**Unrestricted**
**fund**
**Notes**
**£**
**FIXED ASSETS**
Tangible assets
5
46,111
**CURRENT ASSETS**
Stocks
6
8,900
Debtors: amounts falling due within one
year
7
10,961
Investments
8
2,054
Cash at bank and in hand
18,298
40,213
**CREDITORS**
Amounts falling due within one year
9
(18,295)
**NET CURRENT ASSETS**
21,918
**TOTAL ASSETS LESS CURRENT LIABILITIES**
68,029
**NET ASSETS**
68,029|**2024**
**Total**
**funds**
**£**
54,870
8,900
15,720
4,114
17,522
46,256
(28,735)
17,521
72,391
72,391|
|---|---|
The notes form part of these financial statements
continued...
Page 5
## **BOSTON RUGBY FOOTBALL CLUB**
## **BALANCE SHEET - continued 30 APRIL 2025**
|**FUNDS**
10
Unrestricted funds
**TOTAL FUNDS**|68,029
68,029|72,391|
|---|---|---|
|||72,391|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mr T Bembridge - Trustee
............................................. Mr S Disley - Trustee
............................................. Mr W Moody - Trustee
............................................. Mr M Miles MBE - Trustee
The notes form part of these financial statements
Page 6
**BOSTON RUGBY FOOTBALL CLUB**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
The accounts have been prepared in accordance with:
The Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014;
The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102); and
The Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Long leasehold|- 5% on cost|
|---|---|
|Fixtures, fittings and equipment|- 25% on cost|
These are capitalised if they can be used for more than one year, and cost at least £250.
continued...
Page 7
**BOSTON RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Stocks**
Goods provided as part of a charitable activity are measured at net realisable value based on the potential provided by items of stock
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received
## **2. OTHER TRADING ACTIVITIES**
|**OTHER TRADING ACTIVITIES**|||
|---|---|---|
|Bar and cafe income
Club shop sales
Subscriptions and match fees
Hire of premises
Ticket Sales|**2025**
**£**
88,377
649
35,433
11,254
13,159
148,872|**2024**
**£**
87,564
684
36,578
13,442
8,963|
|||147,231|
continued...
Page 8
**BOSTON RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025**
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 April 2025 nor for the year ended 30 April 2024.
## **4. STAFF COSTS**
The average monthly number of employees during the year was as follows:
||**2025**|**2024**|
|---|---|---|
|Temporary and permanent staff|7|6|
No employees received emoluments in excess of £60,000.
## **5. TANGIBLE FIXED ASSETS**
|**COST**
At 1 May 2024
Additions
At 30 April 2025
**DEPRECIATION**
At 1 May 2024
Charge for year
At 30 April 2025
**NET BOOK VALUE**
At 30 April 2025
At 30 April 2024|**Freehold**
**property**
**£**
23,425
-
23,425
-
-
-
23,425
23,425|**Long**
**leasehold**
**£**
55,503
-
55,503
48,738
2,775
51,513
3,990
6,765|**Fixtures,**
**fittings**
**and**
**equipment**
**£**
101,059
249
101,308
76,379
6,233
82,612
18,696
24,680|**Totals**
**£**
179,987
249|
|---|---|---|---|---|
|||||180,236|
|||||125,117
9,008|
|||||134,125|
|||||46,111|
|||||54,870|
continued...
Page 9
**BOSTON RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025**
|**6.**
**STOCKS**
Stocks
**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
VAT
Prepayments
**8.**
**CURRENT ASSET INVESTMENTS**
Short term cash investment (less than 3 months to mature)
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Ticket pass through costs
Social security and other taxes
Sundry creditor
Accrued expenses
**10.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|**At 1.5.24**
**£**
72,391
72,391|||
|---|---|---|---|
continued...
Page 10
**BOSTON RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025**
## **10. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
217,370
217,370
**At 1.5.23**
**£**
116,241
116,241|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(221,732)
(4,362)
(221,732)
(4,362)
**Net**
**movement**
**At**
**in funds**
**30.4.24**
**£**
**£**
(43,850)
72,391
(43,850)
72,391|
|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
196,017
196,017|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(239,867)
(43,850)
(239,867)
(43,850)|
|---|---|---|
continued...
Page 11
**BOSTON RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025**
## **10. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Net**
**movement**
**At 1.5.23**
**in funds**
**£**
**£**
**Unrestricted funds**
General fund
116,241
(48,212)
**TOTAL FUNDS**
116,241
(48,212)|**At**
**30.4.25**
**£**
68,029|
|---|---|
||68,029|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
413,387
413,387|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(461,599)
(48,212)
(461,599)
(48,212)|
|---|---|---|
## **11. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 April 2025.
Page 12
**BOSTON RUGBY FOOTBALL CLUB**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Sponsorship and donations
Other income and fund raising
Donation from old rugby club trustees
**Other trading activities**
Bar and cafe income
Club shop sales
Subscriptions and match fees
Hire of premises
Ticket Sales
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Opening stock
Bar and café expenditure
Club shop expenditure
Staff costs
Bad debts
Activity expenditure
Coaching clothing and training
Closing stock
**Charitable activities**
Rent
Insurance
Advertising
Match expenditure
Repairs and maintenance
Carried forward|**2025**
**£**
47,101
3,449
17,948
68,498
88,377
649
35,433
11,254
13,159
148,872
217,370
8,900
63,086
2,055
17,168
-
62,627
(770)
(8,900)
144,166
19,083
2,173
1,073
3,745
18,301
44,375|**2024**
**£**
28,122
1,750
18,914
48,786
87,564
684
36,578
13,442
8,963
147,231
196,017
8,900
67,615
5,411
19,431
1,483
63,932
715
(8,900)
158,587
18,000
1,516
734
3,561
16,274
40,085|
|---|---|---|
This page does not form part of the statutory financial statements
Page 13
**BOSTON RUGBY FOOTBALL CLUB**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025**
|**Charitable activities**
Brought forward
Long leasehold (depreciation)
Fixtures and fittings (depreciation)
**Support costs**
**Management**
Light and heat
Telephone
Postage and stationery
Legal and professional fees
**Finance**
Bank charges
**Information technology**
Computer costs
**Human resources**
Subscriptions
Total resources expended
**Net expenditure**|**2025**
**£**
44,375
2,775
6,233
53,383
15,808
1,064
140
2,799
19,811
1,578
1,989
805
221,732
(4,362)|**2024**
**£**
40,085
2,775
8,227
51,087
21,219
980
83
2,910
25,192
1,343
2,340
1,318
239,867
(43,850)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 14