2022-08-31-accounts - Army Rugby Union Trust

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Contents
						Page
Charity Reference and	Administrative		Details
Trustees' Annual Report (Including			Directors' Report and Strategic		Report)
Independent Auditor's	Report					7-10
Statement of Financial	Activities	(Including		Income and Expenditure	Account)
Balance Sheet						12
Statement ofCash Flows						13
Notes to the Financial	Statements					14-26

		Notes	Unrestricted	Restricted	Total	Total
			funds	funds	2022	2021
				8
Income from:
Donations			224,856		224,856	99,904
Other trading activities			21,546		21,546	8',540
Investment Income			2,768		2,768	1,993
Income from charitable	activities		878838		878838	17,245
Total income			1 128008		1128008	127 682
Expenditure on:
Raising funds		6	118,359	~	118,359	34,359
Charitable activities		7	674690	2776	677,466	164030
Total expenditure			793,049	2776	795825	198399
Net (loss)/gain on investments		14	693		693	43 37
Net income I(expenditure)			331266	(2)776)	328)490	(27480)
Transfers between funds
Nst movement in funds			331,266	(2,776)	328,490	(27,480)
Reconc5iatlon offunds:
Total funds brought forward			1 382,615	144,942	1,527,557	1,555,037
Total funds carried forward		16	1'713881	142166	1,856,047	1,527,557

			2022	2021
		Note	5	2
Cash flow from operating activities		21	353,45D	~BD,962
Net cash flow from operating	activities		35340D	~80.962
Cash flow from investing activities
Payments to acquire tangible	assets		(81)	(309)
Interest received Dividends received			558 ~272	89 1 904
Net cash flow from Investing	activities		2627	1 684
Net increase In cash and cash equivalents			358,057	(79,278)
Cash and cash equivalents at start date 1 September 2021			857,472	936,750
Cash and cash equivalents at end date 31August 2022			1 213,559	657472,
Cash and cash equivalents	conelet of:
Cash at bank and in hand			1,213,559	657,472
Cash and cash equivalents	at end date 31August 2022		1,213,566	857472

Income from donati	ons
				Total	Total
		Unrestricted	Restricted	Funds	Funds
		funds	funds	2022	2021
		2			8
Rugby Football Union Sodexo		18,133 4,000		ting,704 4,000	19,704 4,000
Veolla		15,000		15,000	15,000
KBR (UK) Limited LEIDOS		15,000 15,000		15,008 15,000	15,000
Royal Brlgah Legion SAAB Defence		15,000 6,000		115,000 6,000	15,000 6,000
CDS		3,000		3,000	3,000
Army Sports Control Alford Technologies	Board Ltd	10,000 2,000		110,000 2,000	5,000 2,000
Marsh Land System		3,200		3,200	3,200
MITIE		32,000		32,000
Source Tactical		10,500		10,508	6,000
Galvion		6,000		6,000	6,000
Gifted assets		15,000		15,000
Activision		17,500		17,500
BT		15,000		15,800
DXC		20,000		20,000
ASL		1,500		1,500
Oddbails		1023		1023
		224,856		224 856	99904

					Total	Total
			Unrestricted	Restricted	Funds	Funds
			funds	funds	2022	2821
			E	2	2	6
ARU	Shop	sales	21,546		21,546	8,540
			21,546		21546	8540

b) Cre	dit Istaken for in	terest receivable	when itfaIls due for pa	yments.
					Total	Total
			Unrestricted	Restricted	Funds	Funds
			funds f	funds f	2022 f	2021f
Dividend	and investment	income	2,212		2,212	1,904
Bank deposit Interest			566		556	89
			2,768		2768	1993
Income	from charitable	activities
					Total	Total
			Unrestricted	Restricted	Funds	Funds
			funds f	funds	2822	2021
Sporting	events		873,769		873,769	14,640
Prize money			1,200		1,200	1,500
Affiliation	fees		3,800		3,800	1,050
Other Income			69		69	55
			878838		878838	17,245

Costs ofraising funds
			Total	Total
	Unrestricted	Restricted	Funds	Funds
	funds f	funds f	2022	2021f
ARU Shop cost ofsales	17,789		17,789	11,980
Marketing	58,452		58,452	22,389
Hospitality	42 118		42 118
	118,359		'l18,359	34,369

						Total	Total
				Unrestricted	Restricted	Funds	Funds
			Note	funds f	funds	2022	2021f
Costs ofcharitable		activities	8	335,772	2,776	341,548	18,574
Governance	costs		9	121,085		121,085	129,655
Grant and donations			12	214,833		214833	15801
				674690	2776	677466	164030

						Total	Total
				Unrestricted	Restricted	Funds	Funds
				funds	funda	2022	2021
				E	2	6
Management				1~96		1,498
Grounds	and	infrastructure		7,205		7,205	1@12
Clothing Training	formal equipment			2,600		2,600	576 534
Medical				11,338		11,338	3,130
Presentations				5,185		5,'i85
Accommodation				3,395		3,398	180
Messing	and	subsistence		7,633		7,633	137
Travel				1,268		1,268	30
Management		training		600		600
Spordng	events			289,114		289,114	2,467
Vehicle	leasing			2,687		2,687	2,687
Vehicle	running		costs	2,347		2r347	410
Depreciation				3904	2776	6680	7111
				338772	2778	341548	18,574

					Total	Total
			Unrestricted	Restricted	Funds	Funds
			funds	funda	2922	2021
			2	f		2
Wage costs			78,238		78,238	77,033
Employer	pension costs		10,483		10,483	10,630
Postage and stationery			1,108		1,108	2,120
Media costs			10,536		10,536	5,526
Telephone	and fax		3,198		3,198	3,477
Website			1,288		1,288	1,141
Insurance			907		907	1,110
Bank charges			35		35	70
Professional fees			11,498		11,498	26,442
Electricity			374		374	669
Computer	and	software	2,698		2,898	349
Miscellaneous		purchases	522		622	888
			121085		121,085	129,655

travel expenses during the year totalling 66	travel expenses during the year totalling 66	travel expenses during the year totalling 66	travel expenses during the year totalling 66	travel expenses during the year totalling 66	24.
The staff costs for ths year were as follows:
							2022		2021f
Wages and salaries							70,674		69,825
Social security							7,564		7,208
Defined contribution	pension	costs					10403		1~630
							88,721		87,683
No employees had emoluments			In	excess	ofK60,000(2021:Nil).
Ths average number	ofemployees			during	the year was:
Administrative
11.Auditor's remuneration
									2021
									6
Fees payable to the charity's		auditor for the audit ofthe charity's					annual
accounts								7 00	5975
Fees payable to the charity's		auditor for other services:
Audit ofthe charity's	subsidiaries							3,500	2,925
12.Grant and donations
								Total	Total
					Unrestricted	Restricted		Funds	Funds
					funds		funds	2022	2021
							E	E	2
Academy annual grant					12,161			12,161	1,435
Senior XVannual grant					62,265			62,265	1,300
Sevens annual grant					20,229			20,229	10,226
Veterans annual grant					17,757			17,757	1,517
Women's annual grant					44,849			44,849	(7,889)
ARU Referees society	grant				6,000			6,000
Corps annual grant					5,544			5,544
Community annual grant					31,028			31,028	9,212
Team gift in kind					15,000			15000
					214,833			214,833	15801

Leasehold	Fittings	Fittings	Total
property	and
6	equipment f		E
364,435	68,969		433,404
		81	81
364438	69	050	433485
48,364	67,688		118,072
6048		632	6,680
32	68	320	122752
310,003		730	310733
316051	1	281	317332

Leasehold	Fittings	Total
property	and
2	equipment 5	f
364,435	62,068	426,503
	81	81
364,435	62,149	426584
48,384	60,787	109,171
6,048	632	6,680
54432	61419	11 851
310003	730	310?33
316051	1 281	317,332

Fixed asset	Investments
				Group	Charity
			2022	2021	2022	2021
			K	f	E	E
Shares held	In subsidiary	undertakings			1
Unlisted investments			179,817	179,213	179,817	179,213
Listed investments			178,955	183,252	178955	183,252
			358772	362,465	358773	362,466
The Trust holds 1 Ordinary		61 share being the entire share capital of ARU Shop			Limited.
Listed and	unlisted investments		-Group and Charity	2022		2021
						8
Market value as at 1 September			2021	362,465		319,228
Acquisitions	at cost
Disposal at	market value
Investment	income reinvested					27
(Loss)/gain	on investmsnts					43 123
Market value as at 31August 2022				358772		362,465
Holdings in	excess of5%	offund	value
M&G Charlfund (Income)				41,053		43,714
M&G Charifund (Accumulated)				137,902		139,538
UST COIF				1?5817		179,213
				358772		362,465

Credito	rs: falling du	e within one year
			Group			Charity
			2022	2021	2022		2021
				E	E
Sundry	creditors		18,108	18,107	18,108		25,107
Accruals	and deferred	income	12534	12,254	1	534	12254
			30,642	30,361	30	642	37,361

Fund recon	c	iliation	iliation
Unrestricted		funds
			Balance at									Balance at
			1 September			Income		Expenditure		Gains/(losses)		31August
				2021f							f		2022 f
Unrestricted				1,382,815		1,128,008			(793,049)		(3,693)		12713,881
				1,382,615		1,128,008			793,049		,693		1713	881
Restricted funds
						Balance at					Balance at
					1September				Income	Expenditure 31		August
						2021 f			f			2022 f
Property and		equipment fund				144,942				(2,776)		142,166
						144942				2,776		142	166
Analysis ofnet assets between					funds
											2022			2021
Restricted Funds
Restricted funds are represented						by:
Fixed assets											142 166			144,942
											142,166			144942
The restricted		fund	solely relates			to the	build cost		ofthe Development		Centre.
Unrestricted		Funds
Unrestricted	funds		are	represented		by:
Fixed assets											527,339			534,855
Net current assets										1	116662			847,760
										~774 226			1	222,615
Induded in the above				are the following			designated		funds:
Minimum capital fund											880,800			650,000
Tourfund											180,800			100,000
Capital fund											50,600			50,000
											950 0			800,000

21,	Reconciliation ofnet Income	Reconciliation ofnet Income	Reconciliation ofnet Income	to net	to net	cash flow from	cash flow from	cash flow from	operating activities	operating activities	operating activities	operating activities
												2022	2021
												2		2
	Net incoming resources											328,490	(27,460)
	Depreciation oftangible assets											0,680	7,111
	Unrealised	(gains)/losses on	Investments									3,693	(43,237)
	Investment	Income										(2,768)	(1,993)
	(Increase)/decrease in stock											15,949		391
	(Increase)/decrease In debtors											8,075	(1,182)
	Decrease	in creditors within	one		year							6,710	13790
	Net cash	Inflow from operating			activities							353400	60	962
22.	Financial	instruments
	The canying amounts ofthe		charity's			financial		instruments		are as		follows:
													2022	2921
	Financial	assets
	Measured	atfair value through		net Income Iexpenditure:
	- Fixed asset listed investments				(note	14)							358,772	362,465
	Debt Instruments measured		at amortised				cost:
	-Debtors	(note 16)
	Financial	liabilities
	Measured -Creditors	at amortised cost (notes 17)											18,10$18107
	The Income, expenses, net gains, and net losses attributable										to the charity's		financial	Instruments	are
	summarlsed as follows:
														2021f
	Net gains	and losses (including			changes in fair			value)
	Financial	assets measured at fair value through						net Income		/
	expenditure												(3,693)	43,237
23.	OperatIng	lease commitments
	Lessee
	At the reporting end date, the charity had						outstanding		commitments			for future	minimum	lease
	payments	under non-cancellable			leases, as follows:
													2022	2021
													2
	Within one year												2,087	2,667
	Between	two and five years											448		448