Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
**Registered number: 07855048 Charity number: 1146474**
# **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
**(A company limited by guarantee)**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
|**WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**||
|---|---|
|**(A company limited by guarantee)**||
|**CONTENTS**||
||Page|
|**Reference and administrative details of the company, its Trustees and advisers**|1|
|**Trustees' report**|2 - 5|
|**Independent examiner's report**|6|
|**Statement of financial activities**|7|
|**Balance sheet**|8|
|**Notes to the financial statements**|9 - 18|
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
**(A company limited by guarantee)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025**
## **Trustees**
Mr John McGee Mr William Reynolds Professor Philip Blythe Mr Andrew Sugden Mr Lawrence Fletcher
## **Company registered number**
07855048
## **Charity registered number**
1146474
## **Registered office**
49 Willoughby Drive Whitley Bay Tyne and Wear NE26 3DZ
## **Company secretary**
John McGee
## **Accountant**
Ryecroft Glenton 32 Portland Terrace Jesmond Newcastle upon Tyne NE2 1QP
## **Bankers**
Lloyds TSB 257 Whitley Road Whitley Bay Tyne and Wear NE26 2SY
Page 1
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025**
The Trustees present their annual report together with the financial statements of the Whitley Bay Rockcliff Rugby Football Foundation Limited for the year 1 April 2024 to 31 March 2025. 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 company 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.
## **Objectives and activities**
## **Policies and objectives**
The charitable objective of the company is the promotion of community participation in healthy recreation for the benefit of the inhabitants of Whitley Bay by the provision of facilities for playing rugby football.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **Grant-making policies**
The trustees consider opportunities where the company can actively fulfil the charitable objective, so when an opportunity is deemed worthwhile, then the trustees will decide on the level of grant to award.
## **Main activities undertaken to further the company's purposes for the public benefit**
During the year the charity made distributions of £23,994 (2024 - £21,550) as follows:
## **General funds**
£18,673 (2024 - £16,863) from the accumulated fund to Whitley Bay Rockcliff Rugby Club to support the running, training and development of mini junior, girls, senior and touch rugby teams.
## **Restricted funds**
£5,321 (2024 - £4,687) from the Rockcliff Rugby Ground Fund for investment in the playing facilities at the rugby club.
Page 2
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **Achievements and performance**
## **Key performance indicators**
Achievement of key financial performance indicators in the year have been pleasing with all four indicators achieved.
|Key financial performance indicator|Target|Actual|Outcome|
|---|---|---|---|
|Total income|>£20,000|£38,119|Achieved|
|Gift income
|>£2,000|£5,273|Achieved|
|Donation in support of charitable activities
|>£10,000|£23,994|Achieved|
|Rugby Union community participation|400|645|Achieved|
## **Financial review**
## **Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the company 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.
## **Reserves policy**
At the year end the charity had reserves totalling £170,690. Of this total, £62,125 was made up of restricted funds.
The trustees' five-year business plan enables them to identify on-going operational and charitable financial commitments. Consequently the company has adopted a prudent reserves policy that is sufficient to fund these commitments.
Page 3
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **Structure, governance and management**
## **Constitution**
Whitley Bay Rockcliff Rugby Football Foundation Limited is constituted under a memorandum of association dated 21 November 2011 and is a charitable company limited by guarantee and a registered charity.
## **Methods of appointment or election of Trustees**
The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
## **Organisational structure and decision-making policies**
The board of trustees is the organisational structure of the company and is the decision making authority.
## **Financial risk management**
The Trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
## **Plans for future periods**
The future plans for the trustees over the next few years are to:
Fund Raising
- Maintain a range of enduring fund raising activities
- Develop the Rockcliff Foundation Patron Programme
Supporting charitable objectives
- Support the growth and development of the number of people who play rugby football as healthy community recreation in Whitley Bay
- Grow and develop the skill set of the coaching and medical capabilities that support the community participation in rugby football in Whitley Bay
- Support the development and enhancement of rugby facilities in Whitley Bay
Page 4
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **Statement of Trustees' responsibilities**
The Trustees (who are also the directors of the company 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 company 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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company 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 company 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 December 2025 and signed on their behalf by:
**Mr John McGee** Trustee
**Mr William Reynolds** Trustee
Page 5
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025**
## **Independent examiner's report to the Trustees of Whitley Bay Rockcliff Rugby Football Foundation Limited ('the company')**
I report to the charity Trustees on my examination of the accounts of the company for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the Trustees of the company (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 company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I 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 company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
4. 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 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
This report is made solely to the company'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 I might state to the company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.
Signed: Dated: 11 December 2025 379583411BBE481... Jon Routledge FCA
Ryecroft Glenton 32 Portland Terrace Jesmond Newcastle upon Tyne, NE2 1QP
Page 6
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025**
|**Note**
**Income from:**
Donations and legacies
3
Investments
4
**Total income**
**Expenditure on:**
Charitable activities
6
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Restricted**
**funds**
**2025**
**£**
**7,477**
**-**
**7,477**
**5,321**
**5,321**
**2,156**
**59,969**
**2,156**
**62,125**|**Unrestricted**
**funds**
**2025**
**£**
**28,933**
**1,709**
**30,642**
**20,029**
**20,029**
**10,613**
**97,952**
**10,613**
**108,565**|**Total**
**funds**
**2025**
**£**
**36,410**
**1,709**
**38,119**
**25,350**
**25,350**
**12,769**
**157,921**
**12,769**
**170,690**|_Total_
_funds_
_2024_
_£_
_37,106_
_927_
_38,033_|
|---|---|---|---|---|
|||||_22,679_
_22,679_|
|||||_15,354_|
|||||_142,567_
_15,354_
_157,921_|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 9 to 18 form part of these financial statements.
Page 7
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee) REGISTERED NUMBER: 07855048**
## **BALANCE SHEET AS AT 31 MARCH 2025**
||||**2025**|**2025**|_2024_|
|---|---|---|---|---|---|
||**Note**||**£**||_£_|
|**Current assets**||||||
|Debtors|10|**14,489**||_17,148_||
|Cash at bank and in hand||**157,201**||_141,658_||
|||**171,690**||_158,806_||
|**Current liabilities**||||||
|Creditors: amounts falling due within one||||||
|year|11|**(1,000)**||_(885)_||
|**Net current assets**|||**170,690**||_157,921_|
|**Total assets less current liabilities**|||**170,690**||_157,921_|
|**Total net assets**|||**170,690**||_157,921_|
|**Charity funds**||||||
|Restricted funds|13||**62,125**||_59,969_|
|Unrestricted funds|13||**108,565**||_97,952_|
|**Total funds**|||**170,690**||_157,921_|
The company 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 on 11 December 2025 and signed on their behalf by:
|signed on their behalf by:
Signedby:
| JolMob|DocuSignedby:
| WA Reynolds|
|---|---|
|**Mr John McGee**
Signedby:
|
99EF2DD8A78C402...|**Mr William Reynolds**
DocuSignedby:
4D56CE4E51574B7...|
|Trustee|Trustee|
The notes on pages 9 to 18 form part of these financial statements.
Page 8
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. General information**
The charitable company is a company limited by guarantee (company registration number: 07855048, charity number: 1146474) incorporated in England and Wales. The registered office is disclosed on page 1.
## **2. Accounting policies**
## **2.1 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.
Whitley Bay Rockcliff Rugby Football Foundation Limited 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.
## **2.2 Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the company 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.
## **2.3 Income**
All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
For legacies, entitlement is taken as the earlier of the date on which either: the company is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the company has been notified of the executor's intention to make a distribution. Where legacies have been notified to the company, or the company is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
## **2.4 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 on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs.
Page 9
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **2. Accounting policies (continued)**
## **2.4 Expenditure (continued)**
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
## **2.5 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **2.6 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
## **2.7 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.
## **2.8 Liabilities**
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 company 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.
## **2.9 Financial instruments**
The company 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.
## **2.10 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 company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 10
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **3. Income from donations and legacies**
|Donations
Donations
**4.**
**Investment income**
Investment income
Investment income - local cash
**5.**
**Analysis of grants**
Grants|**Restricted**
**funds**
**2025**
**Unrestricted**
**funds**
**2025**
**£**
**£**
7,477
28,933
_Restricted_
_funds_
_2024_
_Unrestricted_
_funds_
_2024_
_£_
_£_
_7,113_
_29,993_
**Unrestricted**
**funds**
**2025**
**£**
1,709
_Unrestricted_
_funds_
_2024_
_£_
_927_
**Grants to**
**Institutions**
**2025**
**£**
23,994|**Total**
**funds**
**2025**
**£**
**36,410**|
|---|---|---|
|||_Total_
_funds_
_2024_
_£_
_37,106_|
|||**Total**
**funds**
**2025**
**£**
**1,709**|
|||_Total_
_funds_
_2024_
_£_
_927_|
|||**Total**
**funds**
**2025**
**£**
**23,994**|
Page 11
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **5. Analysis of grants (continued)**
||_Grants to_|_Total_|
|---|---|---|
||_Institutions_|_funds_|
||_2024_|_2024_|
||_£_|_£_|
|Grants|_21,550_|_21,550_|
## **6. Analysis of expenditure on charitable activities Summary by fund type**
|Direct costs
Direct costs|**Restricted**
**funds**
**2025**
**Unrestricted**
**funds**
**2025**
**£**
**£**
5,321
20,029
_Restricted_
_funds_
_2024_
_Unrestricted_
_funds_
_2024_
_£_
_£_
_4,687_
_17,992_|**Total**
**2025**
**£**
**25,350**|
|---|---|---|
|||_Total_
_2024_
_£_
_22,679_|
## **7. Analysis of expenditure by activities**
||**Grant**|||
|---|---|---|---|
||**funding of**|**Support**|**Total**|
||**activities**|**costs**|**funds**|
||**2025**|**2025**|**2025**|
||**£**|**£**|**£**|
|Direct costs|23,994|1,356|**25,350**|
Page 12
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **7. Analysis of expenditure by activities (continued)**
|Direct costs
**Analysis of support costs**
Insurance costs
Annual return fees
Bank charges
Accountancy fees
Insurance costs
Annual return fees
Bank charges
Accountancy fees|_Grant_
_funding of_
_activities_
_2024_
_£_
_21,550_|_Support_
_costs_
_2024_
_£_
_1,129_
**Activities**
**2025**
**£**
142
43
96
1,075
1,356
_Activities_
_2024_
_£_
_142_
_13_
_89_
_885_
_1,129_|_Total_
_funds_
_2024_
_£_
_22,679_|
|---|---|---|---|
||||**Total**
**funds**
**2025**
**£**
**142**
**43**
**96**
**1,075**
**1,356**|
||||_Total_
_funds_
_2024_
_£_
_142_
_13_
_89_
_885_
_1,129_|
Page 13
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **8. Independent examiner's remuneration**
||**2025**|_2024_|
|---|---|---|
||**£**|_£_|
|Fees payable to the company's independent examiner for the preparation|||
|and independent examination of the company's annual accounts|**1,075**|_885_|
## **9. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2024 - £NIL)_ .
During the year ended 31 March 2025, no Trustee expenses have been incurred _(2024 - £NIL)_ .
## **10. Debtors**
|**Due within one year**
Other debtors|**2025**
**£**
**14,489**
**14,489**|_2024_
_£_
_17,148_|
|---|---|---|
|||_17,148_|
## **11. Creditors: Amounts falling due within one year**
|Accruals and deferred income
**Financial instruments**
**Financial assets**
Financial assets measured at fair value through income and expenditure|**2025**
**£**
**1,000**
**2025**
**£**
**157,201**|_2024_
_£_
_885_|
|---|---|---|
|||_2024_
_£_
_141,658_|
## **12. Financial instruments**
Financial assets measured at fair value through income and expenditure comprises the bank account.
Page 14
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **13. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
General Funds
**Restricted funds**
Rockcliff Rugby Ground Fund
Rockcliff Capital Projects Matching Fund
Rockcliff Endowment Fund
Players' Benevolent Fund
**Total of funds**|**Balance at 1**
**April 2024**
**£**
**97,952**
**5,321**
**37,971**
**10,000**
**6,677**
**59,969**
**157,921**|**Income**
**£**
**30,642**
**5,477**
**2,000**
**-**
**-**
**7,477**
**38,119**|**Expenditure**
**£**
**(20,029)**
**(5,321)**
**-**
**-**
**-**
**(5,321)**
**(25,350)**|**Balance at**
**31 March**
**2025**
**£**
**108,565**|
|---|---|---|---|---|
|||||**5,477**
**39,971**
**10,000**
**6,677**
**62,125**|
|||||**170,690**|
Page 15
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **13. Statement of funds (continued)**
**Statement of funds - prior year**
|**Unrestricted funds**
General Funds
**Restricted funds**
Rockcliff Rugby Ground Fund
Rockcliff Capital Projects Matching Fund
Rockcliff Endowment Fund
Players' Benevolent Fund
**Total of funds**|_Balance at_
_1 April 2023_
_£_
_85,024_
_4,687_
_36,221_
_10,000_
_6,635_
_57,543_
_142,567_|_Income_
_£_
_30,920_
_5,321_
_1,750_
_-_
_42_
_7,113_
_38,033_|_Expenditure_
_£_
_(17,992)_
_(4,687)_
_-_
_-_
_-_
_(4,687)_
_(22,679)_|_Balance at_
_31 March_
_2024_
_£_
_97,952_|
|---|---|---|---|---|
|||||_5,321_
_37,971_
_10,000_
_6,677_
_59,969_|
|||||_157,921_|
Page 16
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **13. Statement of funds (continued)**
## **General funds**
Accumulated Funds - The accumulated funds of the charity to support all the objectives of the Whitley Bay Rockcliff Rugby Football Foundation Limited.
## **Restricted funds**
Rockcliff Rugby Ground Fund – This reserve was established from the donation by Rockcliff Rugby Ground Limited with the specific purpose of improving playing facilities for Whitley Bay Rockcliff Rugby Club Limited.
Rockcliff Capital Projects Matching Fund - This reserve was established by an anonymous legacy donation of £20,000. A specific purpose of the legacy donation is that the legacy can be distributed to match fund raising efforts of Whitley Bay Rockcliff Rugby Football Club Limited that are raised for the development of capital projects.
Rockcliff Endowment Fund – The charity received a legacy of £10,000 in 2017 to provide seed funding to enable the establishment of a legacy Rockcliff Foundation Patrons Programme whereby interest from the endowment fund is available to support the charitable objectives and the capital base is available to provide secured repayable loans to facilitate and enable the advancement of new capital projects in support of the charitable objectives.
Players’ Benevolent Fund - This reserve was established by way of a donation to help support members of Whitley Bay Rockcliff Rugby Football Club in overcoming serious illness or injury so that they may return to rugby. The fund was initiated as part of the Rock4Olly fundraising campaign to support Olly Liddle, with the aim of establishing a legacy capability to support club members in their time of need.
## **14. Summary of funds**
## **Summary of funds - current year**
|General funds
Restricted funds|**Balance at 1**
**April 2024**
**£**
**97,952**
**59,969**
**157,921**|**Income**
**£**
**30,642**
**7,477**
**38,119**|**Expenditure**
**£**
**(20,029)**
**(5,321)**
**(25,350)**|**Balance at**
**31 March**
**2025**
**£**
**108,565**
**62,125**
**170,690**|
|---|---|---|---|---|
Page 17
Docusign Envelope ID: 8CBB22F6-5284-4BA3-8856-8A15F78F3666
## **WHITLEY BAY ROCKCLIFF RUGBY FOOTBALL FOUNDATION LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **14. Summary of funds (continued)**
## **Summary of funds - prior year**
|General funds
Restricted funds|_Balance at_
_1 April 2023_
_£_
_85,024_
_57,543_
_142,567_|_Income_
_£_
_30,920_
_7,113_
_38,033_|_Expenditure_
_£_
_(17,992)_
_(4,687)_
_(22,679)_|_Balance at_
_31 March_
_2024_
_£_
_97,952_
_59,969_
_157,921_|
|---|---|---|---|---|
## **15. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|Current assets
Creditors due within one year
**Total**
**Analysis of net assets between funds - prior year**
Current assets
Creditors due within one year
**Total**|**Restricted**
**funds**
**2025**
**Unrestricted**
**funds**
**2025**
**£**
**£**
62,125
109,565
-
(1,000)
62,125
108,565
_Restricted_
_funds_
_2024_
_Unrestricted_
_funds_
_2024_
_£_
_£_
_59,969_
_98,837_
_-_
_(885)_
_59,969_
_97,952_|**Total**
**funds**
**2025**
**£**
**171,690**
**(1,000)**
**170,690**|
|---|---|---|
|||_Total_
_funds_
_2024_
_£_
_158,806_
_(885)_
_157,921_|
Page 18