Charity registration number." 1143121
Exeter Chiefs Foundation
Annual Report arKI Financial Slalemenls
for the Year Ended 30 June 2025

Exeter Chiefs Foundation
Contents {continuedl
Reference and Administrative Details
Trustees, Report
2103
Statement of Trustees, Responsibilities
Independent Examiner's Report
Stslemenl of Financial Actwities
6t07
Balance Sheet
Notes to the Financial Slalements
9t020

Exeter Chiets Foundation
Reference and Administrative Details
ChaTity Rggl$tratlon Number
1143121
Trustees
Mr A G E Rowe CBE Hon LLD
Mr K Northcott
Mr M Caines M8E
Mr M Astley
Mr D Bird
Mr K Hassan MBE
Principal Offlcg
Sandy Park Stadium
Sandy Park Way
Exeter
Devon
EX2 7NN
Accountant
Thompson Jenner LLP
1 Collelon Crescent
Exeter
Devon
EX2 4DG
Bankers
Barclays Bank PLC
Page 1

Exeter Chiets Foundation
Trustees. Report
The trustees Pfesenl the annual report together with the financial statements of the charity for the year
ended 30 June 2025.
Mission Statement
To prowde the city of Exeter and its surrounding areas wrth a 'Civic Tiusf that will promote our
mmunily and pursue the vision of people who live and work there.
The Foundation will act as a fundraising body wrth a commitment to the future prosperity of Greater
Exeter. and also as a vehicle for promoting collective CIV￿ pride.
Structure Govemance and Management
The ¢harrty was established under the dedaralion of trust dated 11 April 2011 as an unincorporated
association and was registered with the charities commission on 27 July 2011.
The charty is managed by the board of trustee5. There musl be al least 3 trustees. Apart from the first
Iruslee, every Iruslee will be appointed for a term ol three years by resolution of the Iruslees.
In selecting individuals for appointment as trustees, the trustees musl have regard to the skills,
knowledge and experience needed for the effective administration of the Charty-
New Iruslees are provided with an induction pack, an initial inductron programme, and on-goi￿j
training and support as required.
All trustees gwe their lime Ireely and no remuneration or expenses were paid in the period.
The day lo day running and adminislralion of the charrty is delegated by the board to Exeter Rugby
Group Plc.
Public Benefit Slalemenl
The Iruslees confimi that they have Complied with their duty lo have due regard lo the guidance on
public benefrt published by the Charities Commission. The Iruslees are confident that the aims and
objectives of the charty. as Set out below. deliver a clear public benefrt lo the community within
Exeler, East and Mid Devon.
Page 2

Exeter Chiefs Foundation
Trustees, Report Icontlnu8dl
Aims an
ives
The ¢harily works wlh Exeter Rugby Club Limited and other k)cal businesses lo raise money through
match day collections, donations and other fundraising activities. The charity dislribules these funds lo
worthwhile local charitable causes within the Exeler, East and Mid Devon areas, wth the aim of
improving future prosperity and promoting civic pride. The charity hopes to provide this through..
the relief of povety.,
the advancemgnl of education",
the care of the eldedy, sick or infim..
the support of disadvantaged children and families,.
the promlion of physical, inlelleclual, soclal and spiritual well&eing of individuals,. and
any other charitabl8 purpose
Achtevemenls and erformance
During the period, the charity has raised £240,08012024 - £262.9651 from its charitable activiti8s and
has made distributions of £152.58912024- £137,25?1 lo over 30 worthwhile local charrtable causes.
In addition, the ITUStees have designated £10,00012024 - £31,944} at the period end as donations lo
local causes agreed in principle and £12,212 for the Pa51 Player B8nevolent Fund 12024 £24,620)
and £5,01712024- £4,311) for the Chiets, Engage PTogTamme fund.
The charty, being mindful ol Charty Commission guidance, aims to maximise the use of available
funds for the benefft of the citizens of Exeter and the surrounding area so far as is commensurate wi(h
prudent levol of unrestllcted reseryes, taking into consideration the running expenses and known
liabilitie5 of the charity. On this b8SlS the trustees consider that reserves held at 30 June 2025 of
£100,126 {2024- £86.9281 to be appropriate.
The annual repo
behalf by..
approved by the trustees of the charity on
and signed on its
MrAGERowe
Trustee
Hon LLD
Page 3

Exeter Chiefs Foundation
Statement of Trustees. Responslbllities
The trustees aTe responsible for preparing the Iruslees. report and the financial slalements in
accordance with the United Kingdom A¢counting Standards (United Kingdom Generally Accepted
Accounting Practice) and applicablè law and regulations.
The law applicable lo charities requires the ITUStees to PTepare financial slalements for each financial
year which give a true and fair view of the slate of affairs of the charity and of the incoming resources
and application of resources of the chaiity for that period. In preparing these financial slalements. the
Iruslees are required lo..
select suitable accounting policies and then apply them consistently..
observe the methods and principles in the Charities SORP.,
make judgements and estimates that ale reasonable and prudent.,
slate whether applicable accounting standards have been followed, Subject to any materia
departures disclosed and explained in the financial slalement5, 8nd
prepare the financial statemen15 on the going concern basis unless il is inappropriate lo presume
that the charity will continue in business.
The trustees aTe responsible for keeping proper accounting records that disclose wrth reasonable
accuracy at any time the financial position of the charity and enable them lo ensure that the financial
statements Comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations
2008, and the provision5 of the con51itulion. The trustees 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.
The trustees ale responsible for the maintenance and inlegrty Df the corporate and financial
infom3tion included on the charitable Gompanws website. Legislation governing the preparation and
dissemination of financi81 statements may differ from leg151alion in other jurisdictions.
Approved by
he truslees of the chanty on .................... and signed on ils behalf by..
MrAGER
Trustee
BE Hon LLD
Page 4

Exeter Chiets Foundation
Independent Examlner's Report to the trustees of Exeter Chiefs Foundatlon
I report lo the Iruslees on my examination of the accounts of Exeter Chiefs Foundation for the year
ended 30 June 2025.
Responslbl1iti￿ and basis of report
As the chaity truste&s of Exeter Chiefs Foundation you are responsible for the preparation of the
a￿OUnts in accordance wth the requirements of the Charities Act 2011 I'lhe Acri.
I report in respect of my examination of the Exeter Chiefs Foundation's accounts carrted out under
section 145 of the 2011 Act and in carying out my examination I have folfr￿￿d all the applicable
Directions given by the Charity Commission under s8clion 14515}Ibl of the Act.
Independent 8xamlner'$ statement
I have completed my examination. I confim that no matsrial matters have come to my attention in
connection with the examination giving me cause lo believe that in any material respect..
1. accounting records were not kept in respect of Exeter Chi9ts Foundation as required by section
130 of the Act., or
2. the accounts do not accoTd wi(h those records,. or
3. the accounts do not comply wth the accounting r￿J￿Irements con¢eming the fom and conlenl of
accounts sel Dut in the Ct)arities {A¢counts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'truo and fair view, which is not a mattel considered as part
of an independent examination.
I have no concerns and have com& across no other matters in connection wrth the examinatDn lo
which attention should be drawn in this report in order lo enable a proper understanding of tho
accounts to be reached.
Mr Dave Tucker
Thompson Jenner LLP
Institute of Chartered Accountsnls in England and Wales
1 Colleton Crescent
Exetèr
Devon
EX2 4DG
Date:.............................
Page 5

Exeter Chiefs Foundation
ststement of Financial Activities for the Year Ended 30 June 2025
Unrestrlcted funds
Designated
General
Total
2025
Note
Income and Endowments from:
Donations and legacies
Other trading actrvilies
Investment income
73,558
116,245
50,135
142
189.803
50,135
142
Total Income
73,558
166,522
240,080
Expenditure on:
Raising funds
Charrtable activit￿5
Other expenditure
136,4391
167,8691
19,207
136.4391
1181,2361
9.207
1113,3671
Total Expenditure
113,367
113.5151
1226,8821
Net lexpendilurellincome
Gloss transfers between funds
139,6091
6,163
53,007
16,1631
13,198
Nel movement in funds
133,6461
46,844
13.198
Reconciliation of fund$
Total funds brought forward
Total fund5 Carried forward
60,875
26,053
86.928
16
27,229
72,897
100,126
ra
these financial ststemenls.
Page 6

Exeter Chiets Foundation
statement of Financial Actlvltles for th8 Year Ended 30 June 2025 (continued)
Prior year comparatlve
UnTestTiCted funds
Dosignated
General
Total
2024
Nots
Income and Endowments from..
Donation5 and legacies
Other trading activities
Investment incomo
75,935
136,819
49.956
255
212.754
49,956
255
Total Income
75,935
187.030
262,965
Expenditure on:
Raising funds
Charitable adivitie$
Other expenditure
158,9721
151.9811
5.998
158,972)
1164,489)
5,998
(112.5081
Total Expenditure
Nel lexpendilurellincome
Gross transfers betsveen funds
112,508
116.951
229,459
136.5731
24,496
70,079
24,496
33,506
Nel movement in funds
112,Q7n
45,583
33.506
Reconciliation of funds
Total funds brought forward
Total funds carried forward
72,962
19.530
53,422
16
60,875
26,053
86,928
All of the charity'5 activities derive from continuing operatsons during the above ￿ periods.
The notes on pago$ 9 to 20 fomi an integral part of these financial slatemenls.
Pagè 7

Exeter Chiets Foundation
(Regislration number: 1143121)
Balance Sheet as at 30 June 2025
2025
2024
Note
Fixed assets
Tangible as5els
12
3,249
1,857
Current assets
Oebtors
Cash al bank and in hand
13
14
101,553
71,193
91,925
67,113
172.746
159,038
Creditors: Amounts falling due within one year
Net CllTrent assets
15
75.869
73,9671
96,877
85,071
Net asset$
100.126
86,928
Funds of the ¢harSty'.
Unrestricted income funds
Unrestricted funds
100,126
86,928
Total funds
16
100.126
86.928
The financ
al
nd
ments on pages 6 10 20 were approved by the Iruslees. and authorised for issue on
signed on their behalf by..
MrAGE
Twslee
CBE Hon LLO
pa
ese financial sialemenls.
Page 8

Exeter Chiets Foundation
Notes to the Financbal Statements for the Year Ended 30 June 2025
1 Accounting pollcles
General infomiation
The charity was established under the declaration of tnjsl dated 11 April 2011 as an unincorporated
assochation.
The Principal office of tho charity is..
Sandy Park Stadium
Sandy Park Way
Exeter
Devon
EX2 7NN
Statement of compliance
The financial slalements have been prepared in accordance wth the second edition of the Charities
Slalement of Recommended Practice iSSLred in Odober 2019, the Financial Reporting Stsndard
applicable in the United Kingdom and Republic of Ireland {FRS 1021 and the Charities Act 2011.
Basis of preparation
Exeter Chiefs Foundation meets the definf(ion of a public benefit entity under FRS 102. The accounts
(financial slatemenlsl have been prepared under the historical cost convention with ilerns recognised
al cost or transaction value unless otherwise stated in the felevant notglsl to these accounts.
Th8 financial statements are prepared in sterling, which is the functional currency of the charty.
Golng concem
The trustees ￿nSId￿r that there are no material uncertainties about the charty$ abilty to continue as
a going Concern.
Income and endowments
Voluntary income including donations and legacies is recognised where there is enlrtlomonl to the
income. certainty of receipt and the amount can be measured wth sufficient reliability.
Investment income
Investment income is recognised on a re￿1vable basis.
Expendlture
Liabilities are recognised as soor> as there is a legal or conslructThie obligation committing the charity
to the expenditure. All expenditure is acwunl& for on an accruals basis and has been classified
under headings that aggre9ale all costs related lo the category.
Rai￿n9 funds
Costs ol generating funds are the costs associated wth attractin9 voluntary in¢ome.
Charitable actlvitles
Charitable expenditUTO compfises those costs incurred by the charty in the delivery of its activities
and services for ils beneficiaries. 11 includes both costs that can be allocated directly lo such actr'vilies
and thgse cost5 of an indirect nature necessary 10 5UPPOrt them.
Page 9

Exeter Chiefs Foundation
Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)
Grant provisions
Provisions for grants are made when the intention lo make a grant has been communicated to the
recipient but there is uncertainty about e((her the liming of the grant or the amount of grant payable.
Support costs
Support costs include ￿ntral functions and have been allocated lo activity cost categories on a basis
consislenl with the use of resources, for example, allocating property costs by floor areas, or per
capila, staff costs by the time spent and other costs by their usage.
Tangible fixed assets
Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation
and subsequent accumulated impairment losses.
Dèpr¢clatlon and amortisatlon
Oeprecialion Is provided Dn tangible fixed assets so as to wiile off the cost or valuation, less any
eslimaled re5￿Ual value, over their expected Ltseful economic life as follows".
Asset class
Equipment
Depreciation method and rate
209/0 slraighl line
Trade debtors
Trade debtors are amounts due from customers for merchandise 501d or Services perfomied in the
ordinary course of business.
Trade debtors are recognised inilialty al the Iransactson price. They are subsequently measured al
amortised cost using the effective interest method, less provision for impaimient. A provision foT the
impairment of trade debtors is established when there is objective evidence that the charity will not be
able lo collect all amounts due according lo the orKJinal terms of the receivables.
Cash and cash equivalents
Cash and eash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount ol cash and are subject to an
Insignificant risk of change in value.
Trade Credltors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course gf business from suppliers. Accounts payable are classified as current liabilities if the does not
have an Ljncondilional right, al the end of the reporting period, lo defer settlement of the creditor for al
least twelve months after the reporting dale. 11 there is an unconditional right lo defer settlefflenl for al
least twelve months after the reporting dale, they are presented as non-cuttenl liabilities.
Trade creditors are recognised inf(ialty al the transaction price and subsequently measured at
amortised cost using the effective interest method.
Fund structure
Unrestricted income funds are general funLts that are available for use al the trustees disc￿li0n in
furtherance of the objectives of the charity.
Page 10

Exeter Chlefs Foundation
Notes to the Financial Ststements for the Year Ended 30 June 2025 (continued)
Designated fvnds are unreslrided tund$ sel aside for spe¢rfic purposes al the di￿re1￿)n of the
trustee5.
Page11

Exeter Chiets Foundation
Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)
2 Incom¢ from donatlons and legacies
Unrestricted funds
Total
2025
Total
2024
Designated
General
Donations and legacies..
FourKlation XV donations
Bu¢kel Collections and Car
Parking
Other Donations
27,999
27,999
39,491
72.558
1.000
72,558
89,246
75,373
97,890
88.246
73,558
116,245
189,803
212.754
3 Income from other trading activities
Unrestricted funds
Designated
General
Total
2025
Total
2024
Events Income.,
Other events income
50,135
50,135
49,956
50.135
50,135
49.956
4 Investment income
Unrestrlcted funds
Total
202S
Total
2024
Designated
General
Interest Teceivable and similar
income.,
Interest receivable on bank
deposrts
142
142
255
Page 12

Exeter Chiefs Foundation
Notes to the Flnanclal Statements for the Year Ended 30 June 2025 Icontinued}
S Expenditure on ralsing funds
al Costs of genorating donatlons andlggacies
Unrestrlcted
Total
2025
Total
2024
Deslgnated
General
Marketing and publicty
Other dired costs of generating
voluntary income
440
440
1,218
3,234
3.234
1,025
2,243
3,674
3,674
bl Costs of trading activities
Unrestr5ct8d funds
Oeslgnated
Genoral
Total
2025
Total
2024
Nolo
Events and conferences
32.765
32.765
32,765
56,729
32,765
56,729
Total
202S
Total
2024
Dlro¢t costs
Costs of generating donations and legacies
Costs of trading activities
3,674
32,765
3,674
32,765
36,439
2,243
$6,729
36,439
58,972
Page 13

Exeter Chiefs Foundation
Notes to the Flnancial Statements for the Year Ended 30 June 2025 (continued}
6 Expenditure on charitable activitie$
Unr&strl¢tsd funds
D￿￿gnated
General
Total
2025
Total
2024
Note
Players benevolent
fund
Chiets, Engage
Programme
Grant funding of
activrtie5
staff costs
12,408
12,408
6,627
294
294
4,198
100,665
51.924
15,945
152,589
15,945
137.251
16,413
113,367
67,869
181,236
164,489
7 Other expenditure
Unrestricted funds
Designated
General
Total
2025
Total
2024
Depreciation. amortisalion and
other similar costs
Other resources expended
2.184
7.023
2,184
7,023
9,207
2,335
3,863
9.207
5.998
8 Gfant-making
Anatysis of grants
Grants to institutions
2025
2024
Anatysis
Educabon
Medical r&sear¢h and support
Social welfare
Social welfare and education through sport
Social welfare for the eldedy
3,223
26,741
27,633
89,507
5.485
1,689
23,329
25,898
80,393
5,942
152,589
137,251
Page 14

Exeter Chiefs Foundation
Notes to the Financial Ststements for the Year Ended 30 June 2025 (continued)
Below are detsils of material grants made to institutions by the charity.
2025
2024
Name of institution
Adventure Therapy
Age UK
8albons
Bower Can￿r Support
BTain Tumour Support
Childrens Hospice South Wesl
Co Create Exetei CIC
Cranbrook ArTOWS Netball
D￿am-A-W8Y
ELF
Eststutory League of Fr¢end8
Exeter Athletic RFC
Exeter Communty Transport
Association
Exeter Hockey Club
Exeter Food Action
Exeter Leukaemia Fund
Exeter Lions Club
Exeter Lfftle Theatre
Exmoor Calvert Trust
Fearfree
FORCE
HITZ
Honilon Carers
Ils in the bag
Jals Aim
Julian House
Living Options Devon
Love St Thomas
Maddys Mark
Mix- Scartetts
MNDA Exeter
Morelonhampslead Swmming Pool
National Coast Watch Exmouth
Parental Minds
On The Hill
RDE NHS Trust
Royal Devon Hosprtal Charity
Royal Marin8s Charity
See the Future
SKlmoulh Bowling Club
1,000
5,942
1,188
5,485
1.508
4,663
1,988
2,257
1,000
3,154
3,497
7,500
5,760
2,752
1,876
5,504
4,879
1,950
1.500
13.988
2.500
8,898
1.939
4,503
5,691
5,000
2,698
1,7S1
2,252
16,911
1,029
2,057
500
1.440
8,898
1,439
3,502
1,000
1,000
1,029
1,100
1,376
1,126
2,502
400
2,537
500
1.371
4.410
1,876
2,331
2,468
1,508
10,000
11,801
1,876
Page 15

Exeter Chiets Foundation
Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)
Soulhwesl MS Therapy Centre
South West Blood Bikes
Stanley Beau Foundation
The Bro Project
The Childrens Society
The Stroke Assocsation
Thorverton Cricket Club
Topsham Swimming po
Vranch House
Weslbank Community Health and
Care
Weslcountry Hav4k5 Wheelchair
Rugby
Withycombe RFC
Wooden Spoon Devon
Yoga for the Frontline
Zero Mile Garden
2,263
2,057
1,000
1,126
1,029
1.029
1,028
1,000
3,500
15,000
3,223
1,689
6,954
1,029
1,314
25.000
8,131
2,000
6,926
1.234
1,754
152,589
137.251
9 Trustses remuneration and expenses
No trustees, nor any persons Connected with them, have received any remuneration from the charity
durin9 the period.
No trustees have received any reimbufsed expenses or any other benefits from the charity during the
period.
Donations made by the trustees wthout any conditions attached lotalled £100 fr)r the year 12024
£751
10 Stsff ¢o$t$
The aggregate payroll Costs were as follows..
2025
2024
Staff ¢osts during the yearweTe-
Wages and salaries
75,945
16,413
The monthly average number of persons (including senior management I leadership leaml employed
by the charity during the year expressed a5 full lime equivalents was as follows..
2025
No
2024
No
Adminislralion
No employee received emoluments ol more than £60,000 during the year
Page 16

Exeter Chiets Foundatlon
Notes to th8 Financial Statements for the Year Ended 30 June 2025 {contlnuedl
11 Taxation
The charity is a registered charity and 18 therefore exempl from taxation.
12 Tanglble tlxed ass•ts
Furnlture and
oquipment
Total
Cost
AI 1 JLbly 2024
Additions
11,679
3,576
11,679
3,576
AI 30 June 2025
15,255
15,255
Doprgclation
At 1 July 2024
Charge tor the year
9,822
2,184
9,822
2,184
At 30 June 2025
12,006
12,006
Net book value
AI 30 June 2025
3,249
3.249
AI 30 June 2024
1,857
1,857
13 Debtors
2025
2024
Trade debtors
Other debtors
10,000
91,553
13,860
78,Ck85
91,925
101,553
14 Cash and cash aquivalgnts
2025
2024
Cash * bank
71,193
67,113
15 CreditoTs- amounts falllng due within one year
2025
2024
Trade creditors
other credito
1,488
74,381
5,922
68,045
75,869
73,967
Page 17

Exeter Chiets Foundation
Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)
16 Funds
Balance at
1 July 2024
8alanc& at
30 Jung
2025
Incomlng Resourc0$
resources
expeTrdgd
Translers
Unrestricted funds
General
Unresliicled income fund
26,053
166,522
{113.5151
16,1631
72,897
Designated
Exeter Rugby Club match
day bucket and car
parking donations
Donations ag￿ed in
principle
Past Player Benevolent
Fund
Chiefs, Engage
Programme fund
72.558
{71,3791
11,1791
31,944
129,2861
7,342
10,000
24,620
112,4081
12,212
4311
1,000
2941
113,367
5,017
60.875
73.558
6,163
27.229
Total funds
86,928
240,080
1226,882}
100,126
Page 18

Exeter Chiefs Foundation
Notes to the Financlal Ststements for the Year Ended 30 June 2025 (continued)
Balance at
30 Jun8
2024
Balance at
1 July 2023
Incomlng Rosou￿05
rosources
oxpendgd
Transfer5
Unrestrlcted funds
General
Un￿$t[iCted income fund
{19,530}
187,030
1116.9511
124,4961
26,053
Designated
Exeter Rugby Club malch
day bucket and car
parking donations
Donations agreed in
principle
Past Player Benevolent
Fund
Chiets, Engage
Programme fund
68.746
168,0451
17011
40,385
133,6381
25,197
31,944
24,620
6,627
{6,6271
24,620
7,947
4,198
112,508
4,311
60,875
72,952
75,935
24,496
Total funds
53,422
262,965
229,459
86,928
The specific purposes for whi¢h the funds are to be applied are a$ follows..
Unrestricted funds comprise those funds which the trustees are free lo use in accordance wf(h the
charitable objects.
The match day bucket and car parkn'ng donations designated fund relates to the collections by and
subsequent distributions to nominated charitie9. Any unused match day bucket and car parking
donations are transferred lo the general fund for distribution to other causes.
The donations agreed in principle designated fund consists of donations which have been agreed in
principle, bul not finalised at the period end dal8.
The designated past player benevolent fund is a reserve set aside to provide assistance, if ne8ded, to
former players of the Exeter Chièfs.
The designated Chiefs, Engage Programmo donations have been inslTumental in enabling the Chiefs,
Engage Programme, an educational programme run by the Exeter Chiefs Community and for 18 to
24-year-old$ not in education, employment or training the chance lo provide an array of valuable
activities and experiences ftir students. Fostering not only their physical well-being but also their
personal and social development. Thank5 to these donations, the programme has been equipped with
the ne￿sSary resources and equipment lo offer diverse physical activity experiences. This fsnancial
ba¢king has been pivotal in ensuring Ihat the programme continues lo enrich the lives of students by
offering them opportunrtifjs that might otherwise have been Inaccessible.
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Exeter Chiets Foundation
Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)
17 Anatysis of net assets betweèn funds
Total funds
at 30 June
2025
Unrestricted funds
General
Designated
Tangible fixed assets
Current assets
Current liabilities
3,249
71,136
1,4881
3,249
172,746
75,8691
101,610
174,381
Total net assets
72,897
27.229
100.126
Total funds
at 30 June
2024
Unrestricted funds
General
Designated
Tangible fixed assets
Current assets
Current liabilities
1,857
30,118
{5,9221
1.857
159,038
73,9671
128,920
168,045
Total net asset5
26,053
60,875
86.928
18 Related party transaGtions
During the year the charity made the following related party Iransackn'ons..
MrAGE Rowe CBE
(Diredor of Exeter Rugby Club Limiledl
Mr AGE Rowe CBE is also a d1￿Ctor of Exeter Rugby Club Limited. During the period the Charity paKI
£13,633 12024 £13,488) lo Exeter Rugby Club Limited to cover the admini5tralion costs of the
charity. The charity also purchased ealering facilities frorn Exeter Rugby Club Limited amounting lo
£16,597 12024 £31,591}, including lo h051 the Exeter Chiefs Foundation Christmas Lunch. Al the
period end, £1,407 (2024 - £5,265) was due lo from Exeter Rugby Club Limrted. Exeter Rugby Club
Limited had a company loan al 30 June 2025 of £91.55312024' £78,065). At the balance sheet date
the amount due tomrom Mr AGE Rowe CBE was £Nil12024 - £Nill.
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