REGISTERED COMPANY NUMBER: 08167993 (England and Wal£4)
REGISTERED C￿4RITy NUMBER: 114910S
Rep)rt of the Tnths and
Financial Ststernents
for the Year Ended 31 August 2024
for
Army Rugby Union Trust
Turner & Co
RegiSter￿j AuditOTS
Chartered Accountants
loa White Hart Patade
London Road
Blackwater
Camberl¢y
Surrey
GU179AD

Amiy Rugby Union Tn
Contcnts of the Financial Statements
for the Year Ended 31 August 2024
Page
Re￿￿rt of the Trustees
I to 7
8 to 11
Siatement ofFinancial Activities
12
Balanc¢ Sheet
13 to 14
Cash Flow Statement
15
Notes to the Cash Flow StatenTht
16
Notes to the Financial Ststements
17 to 26
Detailed Statement ofFin8nci81 Activities
27 to 29

Army Rugby Union Tntst
Rep)rt of the Trustees
for the Year Ended 31 August 2024
The trLL8tees who a￿ also directors of the charity for the pur￿SeS of the Companies Act 2006,
present their TepKIrt with the f￿￿￿la1 statements of the charity for tbe year ended 31 August 2024.
The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of
Reconwnended Practice applicable to CI￿ltieS preparing their accounts in accordance with the
Financial ReN)rting Standard applicable in the UK and Republic of Ir¢land (FRS 102) {¢ff￿tive I
January 20I9).
Page I

Am]y Rugby Union Trust
Rewt of th¢ Tn￿le¢S
for the Year Ended 31 August 2024
ORIECTIIQS AND ACTIVITtES
Objective5 and aims
Th¢ aim of the ARU is to promote and foster the game of Rugby Union in the Arniy and its civilian
military communities in a¢cordan¢e with the Laws of the Game promulgated by World Rugby ndes,
regulations and bylaws issued by the Rugby Football Union (RFU).
Nothing in this constitution shall authorise an application of the property of the Charity for the
pwpos¢s which are not charitable in accordance with section 7 of the Charities and Trustees
Investrnenl (Scotland) Act 2005 and Section 2 of the Charities Act (Northern Ireland) 2008.
To meet thc aim the ARU shall pursue the following objectives..
. General - Provide an infr&stwctur¢ for Amy Rugby such that no ￿tential partiCiFkRnt is denied the
opportunity to play, coach or referee at ￿ highest Icvel wssible.
. Governance- The ARU Management Board that is voted into office by its members annually at the
Annual G¢neral Meeting shall conduct the affairs of the Union in a fina￿1allY and res￿)nsIbl¢ way,
so that it remains compliant with the Charity Commission and Companies House laws and as
(ktsiled in the pardgraphs below.
Represcntative Rugby- Select and maintain at Senior. Women's. Development Academy and
Master's l¢vels Fifteen and Sevens leam, as appropriai¢ and agreed. to represent the Arniy. To
provide a stsndard of rugby that will develop and promote those wtth talent for higher honours. In
addition, the ARU slwll seek to SUp￿rt the work of the UKAF Rugby Football Club Comrnittee.
. Community Rugby - Organise and rLm annually, the Amiy clubs in th¢ UK, the ARU Premiership
and Championship leagues to provide a comwitive cl¢ment throughout thc season irrespective of
the ability of the participants" th¢ n]les of thess ¢ompetiiions are reV1¢w￿ and published annually
on the appropriafr page of the ARU web site. In adth'tion the ARU may approv¢ OF organise other
competitions which support the aim of the ARU. including..
. The Inter Cotys Leagu¢ Tables
The Arniy Inter Corps Fifteens Championship, and
The Amiy sevens TournamenL
Coaching - Maintain a forn￿1 coaching structlwe to improve and thereafter sustsin the standards
throughoul the Arniy and to provide a structure for the advancement of coaches.
Referees - maintsin the Arnly Rugby Union Referees Society {ARURS) to improve and sustsin
the standards of refereeing in the Anny. To facilitate the training. development and advancement
and referees and to the appropriat¢ links with th¢ UKAF Rugby Referees and other referee's
societies.
. Finance - maintain a sound financial bas¢, thereby providing the best service to Rugby Union in
the Arniy. within budget, and in accordance with the prioriti¢s agreed by the Manag¢m¢nt Board.
Page 2

Arnry Rugby Union Trust
Report of the TnLStees
for the Year Ended 31 August 2024
. Marketing and Engagement - Market the ARU as a N)sitive contiibutor to the 'lived exp¢rience'
and the opp)rtunities available to Arniy sports personnel who seek to COrnFle and succeed at the
highest level they can. Where w¢ w, offer ARU representats've fixtures to be ￿Sed &8 Engagement
Events to supp)rt the Arniy's INFORM &nd A TTRACT.
R¢lations with th¢ IiFU- Maintain a closc and binding relationship with the RFU, taking all
appropriate measu￿5 to promote Arniy Rugby at national and international level4 and seeking
opportunities to support the RFU s community rugby initiative.
. Injury and Safety - Promotc standards of play and disciplin¢ such that all plaY￿S and officia]s are
placed at the least tx)ssible risK whilst ensuring that all partt¢ipating teams are fully insured via the
RFU insurance scheme.
Reviews- The Objectives of the ARU are reviewed by the Management Boarf as required, and
by the Council annually. If agreed. any recommended changes are to be announced at the Annual
General Meeting. Agrecd objectives based on paragraph 3 and 4 above are to be promulgated to
members of Union through the Annual Management Plan.
Maintsining a diversified leadership approach the Anny Rugby Union Charitable Twst maintains
on cours¢ to continue the development of the stralcgic plan for the ￿lod 2022-2025 which has
b¢¢n modified, at its core will s¢¢ the development of military community rugby. further enhancing
the charity's role ans significance in the local miliw garrison commurntses. Going fonvard we will
do this with a clear purpose. "To en8age and inspire our military Community through tugby."
Conclusion
The Arniy Rugby Union (ARU} twstees has Consider￿ the three year post Covid 19 financial
recovery plan and the declining revenue from the Arniy V Navy ticket sales and considers the
compaJ)y will be able to meet its liabilities &8 thcy fall due over the coming 12 rnOn￿ and hence
these financial stat¢ments are prepared on a going concern basis.
The ARU tn￿te￿ acknowledge that their accounts are in a healthy state of affairs however they will
monitor the impvact the impact of declining revenue from ticket sales and or sponsorship on th¢
activities of the ARU Charitable Tnjst.
ST114TEGIC REPORT
Financial position
The TnLSt witnessed an excess of incom¢ over expenditure for the year end￿ 31 August 2024 of
£85,960.
Inv&gtment policy and objectives
The Twst has wide wwers of inv¢stmenL The Director of Financ¢ is r¢stricted in the stNctur¢ of
the investhlcnt portfolio by ￿l1¢Y decisions made from time to time by the Trustres at the quarterly
meetings. The overall investment p)licy is on¢ of long-tenn capital growth to maintain the
purchasing power of the T￿￿t.
Page 3

Arniy Rugby Union T￿￿t
Report of the Tn￿ee8
for the Y¢ar Ended 31 August 2024
STRATEGIC REPORT
Financial review
Reserves policy
The Management Board continue to endorse a Tevised Reserve Stralegy to grow th¢ Tr￿￿5 Reserves
to cover on¢ y¢afs annual net operating COS￿ The policy complies i%ith SORP.
The ARU is Controll￿ and directed by th¢ Management Board which should meet at least four
times a year to monitor in yw kxrfornwice. to d¢cid¢ p)licy. The Management Board endorses the
annual allocation of funds prepaT¢d by the Director of Finance fojlowing int¢mal budget screenings
to representative teams, community comp¢tittons and other charitsble bodies as d¢¢ided appropriate
by the Board.
The ARU Trust employ5 two pensionable pernianent Staff. the Director of Finance, and the
communicatio￿ Officer. The full-time Chief Operating Officer and Assistant Operations Officer
are employed by the Arniy SFK)rts Control Board, but they work directly for the ARU Management
Board.
Financial and risk maDagement Objectiv￿ and policie5
Risks are considered by the Management Board and the key risks remain the continuing success of
the annual Anny v Navy game and a loss of sponsorship. Th¢ r¢serve PKfrlicy is designed to ensure to
that sufficient reserves ar¢ r¢lained to cover at least one year of opcrating cost.
Future plans
The management board remain fOc￿sed on promoting and governing Rugby Union in the Arniy
through the maintenance of stable structures for the game that enable its successful development at
all levels. Thi5 is to be achieved by increase levels of funding to the community area of the Tn￿t.
The management board endorsed policy of a balanced budget remains extant.
STRUCTURE. GOTrTRNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveTning document. a deed of trus( and constitutes a limited
ornpany, limited by guarantee, as defined by the Companies Act 2006.
Pag¢ 4

Army Rugby Union Trust
RepK)rt of th¢ Truste¢s
for th¢ Year Ended 31 August 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Org4ni$8tional structhre
The ARU Management Board is responsible for managing the affairs of the TrusL deterniine FM)Ii
and has fi￿1 pow¢r over the use. disposition and invesknent of the ARU Funds. It meets at least four
times ￿ year and each Director. as listed below. takes the lead on their r¢sFctive area. The
Management Board consists of the following appy)inlments".
Chairnwi
Vice Chainnatv RFU Council Member
Director of Representative Rugby
Director of Marketing
Director of Community Rugby
Director of Rugby Development
Non-Executive Director of Fi]Jance
Non-Executive Director of Marketing
Non-Executive Director of Owations
Non-Executive Director of Community Rugby
In addition to the ARU Management Boar(L the ARU Council acts as a fonun at which all elemenls
of the game are representc(L Affiliated club& within the ARU are entitled to vote at the AGM The
bye-laws of the ARU can only be added to. amende4 or rescinded with the consent of at least two
thirds of the members pr¢sent at a General Meeting.
Induetion and training of new trnstees
New appx)intees' induction training is ￿sOnalIsed to meet the requircments of the ap￿intee.. with
the advent of amendments to the Trustees & Chwities Acts,many serving personnel will hav¢
aIready receiv￿ traininglattended courses relating to th¢ Duties of Trustees as part of their
prof¢ssional development OT have attended Trustee Training relating to other Charitable activities.
The majority of the ARU otTicials are se￿ing British Arniy Ftrsonnel, with the exception of the
ARU secretariaL wthich is staffed by 4 permanent staff. the ARU Chief Operations Officer and
Assistant Owations oificer, funded by the Amiy Sp)rts Control Board, and the Director of
Finance and Communications Officer funded by th¢ charity. The majority of posts within the ARU
are advertised on the ARU website inviting volunteers to be considered for selection.. all
Managem¢nt Board appoinknents are re-appointed at the AGM.
REFERENCE AND ADMINISTRATIVE DETAIts
Registered Company number
08167993 (England and Wal&g)
Registered Charity number
1149105
Page 5

Anny Rugby Union Trust
Rwrt of the Trustres
for the Year Ended 31 August 2024
Registered office
Army Rugby Union Mackenzie building
Fox Lines
Queens Aven
Aldershot
Hampshire
GUII 2LB
Trustees
J Cook Ob¢ Phd Ch￿[ Person
A Geary Hm Forces
G Male¢ Hm Forces
Major G E Stonebridge-smith MB Hm Forces
A Teasdale Operations Manager
M Wilding Hm Forces
Company Seeretsry
Auditor
Turner & Co
Registered Auditors
Chartered Accountants
loa White Hart Parade
London Road
Blaclavater
Camberley
Surrey
GU17 9AD
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The truslees (who are also the dir￿torS of Arn]y Rugby Union Tn￿ for thc purFoses of company
law) are restN)n8ible for prep￿ing the Rewrt of the TnLStees and the financial statements in
accoTdance with applicable law and United Kingdom Accounting Standar(18 (United Kingdom
Generally Accepted Accounting Prathlce).
Page 6

Anny Rugby Union Trnst
Re￿rt of the Truste¢s
for the Year Ended 31 August 2024
sTATEmE￿r OF TRUSTEES, RESPONSiBILrriES- eontinued
Company law requires the trustees to yepare financial statemcnts for each financial yeaT which give
a true and fair view of the state of affairs of the charitsble company and of th¢ Incomi￿ resources
and application of resources, including the income and ex￿ndIture, of the charitable company for
that Ftnod. In preparing those financial statements, the trustees are required to
s¢lect suitable accounting ￿licIeS and then apply them consistently.
obSe￿e the methods and principles in the Charity SORP.
make judgements and estimales that are Teasonabl¢ and prudenL
state whether applicable accounting standards have been followel subject to any material
departtlles disclosed and explained in the financial statem¢nts'
pr¢pare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in busincss.
Th¢ trustees are resp)nsible for keeping prn￿ accounting records which disc105¢ with reasonable
accuracy at any time the financial position of the charitable company and to enable them to ¢nsure
that the financial stal¢ments comply with the Companies Act 2006. They are also resp)nsible for
safeguarding the &ssets of th¢ charitable company and hence for tsking reasonable steps for the
prevention and detection of fraud and other irregularities.
In so far as the trustees arc awarc..
there is no relevant audit infomiation of which th¢ chaTitsble company's auditors are unaware.
the thistees have taken aIl steps that they ought to have tsken to make themselves aware of any
levant audit ]nforn￿tion and to establAsh that the auditors are aware of that mforn)atiotL
AUDfToRS
The auditors. TUn￿r & Co. will be proposed for re-appointment at tb¢ forthcoming Annual General
Meeting.
Rewrt of the trustees. inco
the company directors. on ..
rating a strategic report. approved by order of the board of trustees,
. and signed on the board's behalf by:
J c￿)k Obe Phd- Trustee
Page 7

Rep)rt of the Independent Auditors to th¢ Memb¢rs of
Arn]y Rugby Union Tn
Opinion
We have audited the financial statements of Amiy Rugby Union Tn]st (the 'charitable company,) for
the year ended 31 August 2024 which comyise the Statement of Financial Activities, the Balanc¢
SheeL the Cash Flow Statement and notes to th¢ financial statements, including a summary of
significant acci)unting p)licies. The financial reporting framework that has be¢n applied in their
preparation is applicable law and unit￿ Kingdom Accounting Standards (United Kirtgdom
Generally Accepted Accounting Practice).
In our opinion the financial 5tat¢mcnts:
givc a true and fair view of the state of the charitable company's affai￿ as at 31 August 2024 and
of its incoming resourccs and application of resourcu, including its income and expenditure, for
the year th¢n end¢d.
have been properly pr¢pared in accordan¢¢ WAth United Kingdom Generally Accepted
Accounting Practice" and
have been prekmred in accordance with the requirements of the Companics Act 2006.
B&8is for opinion
We conducted OUT audit in accordance with Int¢mational Standards on Auditing (UK) (ISAS (UK))
and applicable law. Our responsibilities under those standaTds are fillther described in the Auditors,
responsibilitie5 for the audit of the financial statements section of our Tewrt. We are independ¢nt of
the charitable company in accordance with the ethical Tequirements that are relevant to our auth't of
the fmancial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our
other ethical reS￿nSIbIlitieS in accordance with these requirements. We beli¢ve that the audit
evidenc¢ we have obtsined is sutFicient and appro￿la* to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the fllw]cial statements. w¢ have concluded that the tr￿SteeS, use of the going concern
basis of accounting in the preparation of the financial statements is appropnate.
Based on the work we have pKrfonne4 w¢ have not id¢ntified any material uncertainties relating to
event5 or conditions that, individually OT coll¢ctively, may c&8t Si￿lificant doubt on the charitable
company's ability to continue &$ & going concern for a p¢riod of at least twelve month5 from when
thc financial statements are authorised for issue.
Our Tesp)nsibiltti&s and the responsibilities of the trust¢¢s with reS￿¢t to going concern are
described in the relevant sections of this report
Page 8

Rewrt of the Indewident Auditors to the Member5 of
Arniy Rugby Union Trust
Other information
The trustees are Tesp)nsible for the other inforniation. The other information comprises the
infom]ation included in the Annual Re￿Tl other than the financial ststements and our Report of the
Independ¢nt Auditors th¢r¢on.
Our opinion on th¢ financial statements does not cover the other inforniation and, ¢xc¢pt to the
extent otherwise explicitly stated in our reFM)rt. w¢ do not exwess any forni of assurance conclusion
thu¢on.
In connection with our audit of the financial statements. our reswnsibility is to read the other
infom)ation and. in doing so, consider wheth¢r the other inforniation is materially inconsistent with
the financial staternents or our knowledge obtained in the audit or oth¢rwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misslatements, we are
required to detern)ine thether this gives rise to a material misstatement in the financial ststements
themselves. If, b￿ed on the work we have perfonn¢d, we conclude that th¢r¢ is a material
misstatement of this other inforniation. we are required to rwrt that fact. We have nothfrng to
reFrf)rt in this regard.
Opinions OD other matters prescribed by the Companies Act 2006
In oui opinion, based on the work undertaken in the course of the audit..
the infomiation given in the Report of the Trustees for the financial year for which the financial
ststements are prepaT¢d is consistent with the financial stalemenls. and
the Report of th¢ Trustees has been prepared in accordance wlth applicable legal requirements.
Matters on which we Vdre required to report by exception
In the light of th¢ knowledge and undetstanding of the charitable company and its environment
obtained in the course of the audit, we have not i(kntified material misstatements in the Re￿rt of
the Trustees.
We have nothing to report in r¢spect of the following matters where the Companies Ad 2006
requires us to report to you if, in our opinio
adequate accounting records have not been kept or returns adequate for OUT auth't have not been
received from branch¢s not visited by ￿. or
th¢ financial statements are not in agrcement with the accounkng records and returns. or
certain disclosures of trustees, remuneration specified by law are not made. or
w¢ have not received all the ll￿OrnYdtion and explanations w¢ r¢quire for our audiL
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsilyilities, the trustees (who are also tb¢
directors of the charitable company for the purposes of company law) are resp)nsiblc for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and
for such internal control &s the trustees deterniine is necessary to enable the preparation of financial
statemenls that are free from material misstatement. wheth¢r due to fraud or eTror.
In preparing the fitydncial statements, the trustee5 are resp)nsible for assessing the charitable
company's ability to continu¢ as a going conce￿ disclosing. as applicable, matters related to going
concern and using the going concern basis of accounting unless ihe trustees either intend to
liquidate the charitable company or to cease operations, or have no realistic alternative but to th so.
Page 9

Report of the Independent Auditors to th¢ M¢mbers of
Anny Rugby Union Tn
Our rosponsibilities for the gudit of the financi818tstements
Our objectives are to obtain reasonable assuranc£ about whether the financtal statements as a wthole
are free from material misststemenL whether due to fraud OT error. and to issue a Report of the
Ind¢tMd¢nt Auditors thal includes our opinion. Reasonable assurance is a high level of assurance.
but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a
material misstatement when it exists. Misststements can arise from fraud or error and are considered
material if. individually or in the aggregate, they could reasonably b¢ expected to influence the
economic decision8 of users taken on the basis of these financial statements.
The extent to which our PToc¢dur¢s are c4Mbl¢ of detrfting irregularities, including fraud is
detsiled below..
Enquiry of managemenl, those charged with governance around actual and potential litigation and
claims.
Reviewing financial statements th'sclosute aThJ testing to supp)rting documentstion to assess
compliance with applicable laws and regulations and the Associations memorandum.
Auth'ting the risk of management override of controls, including through testing journal entries and
other adjustments for appropriatcness and evaluating the business rationale of SI￿lfi￿lt
transactions outside the nornial course of busincss should they arise.
Reconciling income in totsl to arnount recorded in th¢ ¢ompany's financia] rccoids to ensure
completeness of income.
A further desCri￿lon of our responsibilities for th¢ audit of the financial statements is located on the
Financial Reporting Council's website at www.frc.org.uklauditorsr¢sponsibilities. This d¢scription
forn]s part of our Report of the Indepen(knt Auditors.
Page 10

Rep)rt of the Indepyndent Auditors to the Members of
Amiy Rugby Union Trust
Use of our report
This rep)rt is made solely to the charitsble company's members, as a body, in accordance with
Chapter 3 of Part 16 of the Compwnies Act 2006. Our audit work has been undertaken so that we
might state to the charitable company's members those matters we are required to state to them in an
auditors, report and for no other purpose. To th¢ full¢st extent perniitted by law. we do not accept or
a5sum¢ responsibility to anyone other than the charitsble company and the charitable company's
members a5 a body, for our audit worK for this rep)[¢ or for the opinions we have fornie
Margaret Turner (Senior Stthtory A￿lIOr)
for and on behalf of Tumer & Co
R¢gisfrred Auditors
charter￿ Accountants
loa White Hart Parade
London Road
BlackwateT
Camberl¢y
Surrey
GU17 9AD
Date:
Page 11

Amiy Rugby Union Trust
Statement of Financial Activities
for the Year Ended 31 August 2024
31.8.24
Tolal
funds
31.8.23
Total
funds
Unrestri¢t¢d Restricted
ftmd8
fimd
Notcs
INCOME AND ENDOWMENTS
FROM
Donations and l¢gaci¢5
388,767
388.767
272.882
Other trading activities
Investment income
Other income
564.914
56,610
564.914
56.610
824.287
18,575
19,493
Total
1.010.291
1,010,291
1,135,237
EXPENDTTURE ON
Raising funds
222.523
222,523
99.537
Charitsble gctivitKs
Chan'thble activities
718,713
6.662
725.375
894.353
Total
941236
6.662
947.898
993,890
Net gainsl(losses) on investments
23,567
23,567
(1,460)
ET INCOMEI(EXPENDITURE)
92,622
(6,662)
85,960
139,887
RECONCILIATION OF FUNDS
Totsl fimds brought fonvard
1,860,433
135,504 1,995,937 1.856,050
TOTAL FUISDS CARRIED
FORWARD
1.953.055
128.842 2.081.897 1.995.937
The notes forni part of these fllwicial slatements
Page 12

Arniy Rugby Union Trust
Balance Sheet
31 August 2024
31.8.24
Totsl
funds
31.8.23
Total
funds
UDrcstric*d Restricted
funds
fund
Notes
FLXED ASSETS
Tangible assets
Investments
13
14
152,008
398.175
128,842
280.850
398,175
295,535
363,9
550,183
128,842
679.025
659.525
CURRENT ASSETS
Stocks
tkbtois
Cash at bank and in hand
15
16
iio
3,488
1,385.674
1,004
1.461.911
1.004
1.461.911
1,462,915
1.462.915
1,389.272
CRED￿oRs
Amounts falling due within one year
17
(60,043}
(60,043) (52.860)
ET CURRENT ASSETS
1.402.872
1,402,872
1,336,412
TOTAL A&SETS ￿Ss CURRENT
LIABIL￿]Is
1,953,055
128,842 2,081,897 1,995,937
NET ASSETS
1.953,055
128,842 2,081.897 1.995.937
Th¢ notes form part of these financial statements
Page 13
continued..

Arny Rugby UDion Tn
Balance Sheet- continued
31 August 2024
18
Unrestricted fun&s.'
General fimd
Restricted flmds:
Property equipxnent fund
1.953,055 1,860,433
128,842
135.504
TOTAL FUNDS
2.081,897 1,995,937
The financial statement were approved by the Board of Trustees and authoriscd for issue on
.. and were signed on its behalf by:
J C￿k Obe Phd- Trustee
The notes forni part of th¢s¢ flnancial statem¢nts
Page 14

Army Rugby Union Trust
Cash Flow Statement
for the Year Ended 31 August 2024
31.8.24
31.8.23
Notes
Cash tlows from operating activities
Cash g¢nerated from 0￿ratiOnS
30244
176,559
N¢t cash provided by operating activities
30244
176.559
Cash flov￿ from investlDg activities
Purchase of fixed asset inv¢strn¢nts
Sale of fixed ass¢t investments
Interest received
Dividends received
(10,617)
(1.460)
9.531
43,571
13,039
Net cash provided by investing activities
45,993
17,115
Change in eAsh and cash
uivalents in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
76237
193,674
1,385,674
1,192,000
Cash and Cash equivalents at the
end of the reporting period
,461,911
1,385,674
The not¢s forni part of thcsc fuw]cial statements
Pag¢ 15

Arniy Rugby Union Trust
Notes to th¢ Cash Flow Statement
for the Year End￿ 31 August 2024
RECONCILIATION OF NET tNCOME TO NET CASH FU)W FROM OPERATING
ACTivrrIES
31.8.24
31.8.23
Net income for the reporting period (as per the Statement
of Financial Activities)
Adjustments for
Depreciation charges
Gain on investments
Ini¢r¢st rec¢ived
Divid¢nds ￿￿e1Ved
D¢crcase in stocks
Decrease in debtors
Increase in creditors
85,960
139,887
14,685
(23,568)
(43,571)
(13.039)
iio
2,484
7,183
15,200
(3.757)
(9,531 }
(9,044)
968
20.618
22,218
Net egsh provided by operations
30,244
176.559
ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.23 Cash flow At 31.8.24
Net cash
Cash at bank and in hand
1,385,674
76,237 1,461,911
1,385,674
76,237 1,461.911
Total
1,385,674
76,237 1.461,911
The notes forn] part of these financial statements
Page 16

Amiy Rugby Union Trust
Notes to the Financial Staternents
for the Year Ended 31 AUg￿$t 2024
ACCOUNTING POLICIES
Basi8 of preparing the financial statements
Th¢ financial statrments of the charitable company, which is a public benefit entity under
FRS 102, have IKen prepared in accoidance with the Charities SORP (FRS 102) 'Aeeounting
and Reporting by Charities.. Statement of Recommended Practice applicable lo charities
preEwing their accounts in accordance with the Financial Reporting Stsndard applicable in
the UK and R¢public of Ireland (FRS 102) (effective l January 2019),. Financial Re￿rtIng
Standard 102 'The Financial Reporting Standard applicabl¢ in the UK and Republic of
Ireland, and th¢ Comwkes Act 2006. The financial stafrments hav¢ been prepared w)der the
historical cost convention, with the exception of investments wlllch are included & market
value, as modified by the revaluation of certain ass¢ts.
Ineome
All income is recognised in the Statcrnent of Financial Activities once the charity has
entitlement to the funds, it is probable that th¢ income will be rec¢iv¢d and the amount can be
measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon &s the￿ is a legal or consljuctive obligation
committing the charity to that expEnditure. it is probable that a transfer of economic ben¢fits
will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is ￿CoUnted foi on an accruals basis and has been cl&ssified under headings that
aEgr¢gate all cost related to the category. Where costs cannot be directly attributed to
particular headIrt￿ they have been allocated to activities on a basis consistent with the use of
resources.
Gtants offered subject lo conditions which have not b¢¢n met at the year ¢nd date are noted as
a comrnitment but not accrued as expenditur¢.
Tangible r￿ed assets
DepT￿latIOn is provided at the following annual rat¢s in order to write off each asset over its
estimated useful life.
Stocks
Stocks are valued at th¢ lower of cost and nct realisable value, after making due allowan￿ foi
obsolet¢ and slow moving items.
Taxation
The charity 15 ¢xempt from COTporation tax on ils charitable activities.
Fund accounting
Unrestrict¢d fimds can b¢ us¢d En accordance with the charitabl¢ objectives at the discretion
of the trustccs.
Page 17
continucd...

Arniy Rugby Union Trust
Notes to the Financial Statements - continued
for the Year Ended 31 August 2024
ACCOUNTING POLICIES- continued
Fund accouDting
Restricted funds can only be used for particular restricted rAwposes within th¢ objects of the
charity. Restrictions aTise when sttcified by the donor or when funds are raised for particular
restricted purwses.
Further explanation of the natrjre and purpose of each fund is included in the notes to the
financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution ￿nSIOn sch¢m¢.
Contributions
payable to the charitabl¢ company's pension scheme are charged to the Statement of Financial
Acts'vities in the ￿riod to which they relate.
DONATIONS AND LEGACIES
31.8.24
31.8.23
Gifts
Donations
250
388,517
272.882
388.767
272,882
OTHER TRADING ACTtvrrIES
31.8.24
31.8.23
Sp)rting events
Shop incomc
Prize money
Affiliation fees
Other income
540222
6.000
2,000
3,020
13.672
815,586
3.651
4,150
900
564.914
824.287
Page 18
continued...

Army Rugby Union Trust
Notes to the Financial Statements. continued
for the Year Ended 31 August 2024
JNVESTMENT INCOME
31.8.24
31.8.23
Income from listed investments
Other fixed asset inv- UnFII
Dep)sit account interest
7J33
5.706
43.571
2,366
6.678
9.531
56,610
18,575
Raising donations and legacie4
31.8.24
31.8.23
Hospitslity
Advertising
6,793
215,730
2.710
96,827
222.523
99,537
CHAIUTABLE ACTivrrIES COSTS
Grant
fundingr of
activities
(see note
Support
osts (see
note 8)
Direct
Costs
7)
Totals
Charitable activities
46?.369
63,645
199,361
725.375
GRANfs PAYABLE
31.8.24
31.8.23
Clwitable activities
63,645
310,492
Page 19
ontinued...

Amiy Rugby Union Tntst
Notes to the Financial Ststements - continued
for the Year Ended 31 August 2024
SUPPORT COSTS
Inforniation
Manag¢ment technologry
Govemanee
costs
Other
Totals
Ch￿itable activiti
42,897
1.538
131.161
23.765
199,361
NET INcOl￿IE1(EXPE￿Df￿JRE)
Net incomeJ(expenditure) is stated after chargingl(crediting).'
31.8.24
31.8.23
Auditors, remuneration
Auditors, remuneration for non audit work
Depreciation- 0￿￿ed assets
20,890
15.000
4.137
15,200
14,685
10. TRUSTEES, REMUNERATION AND BENEFrrs
There were no trustees, remuneration or other benefits for the year ended 31 August 2024 nor
for the year ended 31 August 2023.
Trustees, eJpen8es
There w¢r¢ no lrnstees, expynses paid for th¢ y¢ar ended 31 August 2024 nor for the year
ended 31 August 2023.
11. STAFF COSTS
31.8.24
31.8.23
Wages and salaries
Social security costs
Other pension costs
129,615
738
808
69,890
7.516
9.754
131.161
87.160
The average monthly number of employees during the year was as follows..
31.8.24
31.8.23
Director of fmanc¢
Communications officer
Page 20
conhnued...

Amiy Rugby Union Trust
Notes to the Financial Ststements- continued
for the Year Ended 31 August 2024
11. STAFF COSTS - Continued
No employees received emoluments in excess of £60,000.
12. COMPARATIVES FOR THE STATEMENT OF FtNANCIAL ACTIvrrIES
UDrestsicted Restiicted
funds
fund
Total
nds
INCOIIIE AIYD ENDOWMINTS FROM
Donations and legacics
272,882
272,882
Other trading activities
Investment income
Other income
824287
18,575
19,493
824,287
18,575
19,493
Total
1,135,237
1.135.237
EXPEM)TTURE ON
Raising funds
99.537
99,537
Charitsble activitie8
Charitsble activities
887,691
6.662
894.353
Total
987228
6.662
993,890
Net gains/(losses) on investments
(1,460)
(1,460)
NET INCOME/(EXPEPIDrfuRE)
146.549
(6,662)
139,887
RECONCILIATION OF FUNDS
Totsl funds brought fornTard
1,713,884
142.166
1,856,050
TOTALFUNDS CARRIED
FORWARD
1,860,433
135,504
1.995,937
Page 21
continued...

Arnly Rugby Union Trust
Notes to th¢ Financial Stst¢nrnts- continued
for th¢ Y¢ar Ended 31 August 2024
13. TANGIBLE FIXED ASSETS
Fixtur¢s
Short
leasehold
Computer
equipment
fittings
Totals
COST
At I September 2023 and
31 August 2024
364.435
59,661
2.491
426,587
DEPRECIATION
At I September 2023
Charg¢ for year
69,008
14.577
59.661
2,383
108
131,052
14,685
At 31 August 2024
83,585
59,661
2.491
145,737
I￿T BOOK VALUE
At 31 August 2024
280,850
280,850
At 31 August 2023
295.427
108
295,535
14, FIXED ASSET INVESTMENTS
Listed
Unlisted
investments investments
Totals
MARKET VALUE
At I September 2023
Additions
Revaluations
177.495
4.911
20.343
186,495
5.706
3225
363,990
10,617
23.568
At 31 August 2024
202.749
195,426
398.175
NET BOOK VALUE
At 31 August 2024
202,749
195,426
398.175
At 31 August 2023
177.495
186,495
363,990
There were no investnent assets outside the UK.
Page 22
Contin￿&..

Arniy Rugby Union TTUSt
Notes to the Financial Statements . continued
for th¢ Year Ended 31 August 2024
14. FIXED ASSET INVESTNLENTS- continued
Cost or valuation at 31 August 2024 is T¢presented by:
Listed
Unlisted
inv¢slm¢nts investments
Totals
Valuation in 2024
75.515
127234
15,148
180.278
90.663
307,512
202,749
195,426
398.175
15. STOCKS
31.8.24
31.8.23
Stocks
110
I& DEBTORS: AMOUNTS FALLING DUE IVTTHIN ONE YEAR
31.8.24
31.8.23
Pr¢paym¢nts and accrued income
1.004
3.488
17. CREDrtORS: AMOUNTS FALLING DUE wrrHtN ONE YEAR
31.8.24
31.8.23
Other creditors
A￿TualS and defeTred income
11,881
40,979
60,043
60,043
52.860
Pagc 23
continued..

Arniy Rugby Union Trust
Notes to the Financial Statements - continued
for the Year Ended 31 August 2024
I& MOVEMENT IN FUNDS
Net
movement
in funits
At
31.8.24
At 1.9.23
Unrestricted funds
General fimd
1,860,433
92.622 1.953,055
Re8trieted funds
Propmty equipment fund
135,504
(6.662)
128.842
TOTALFIiNDS
1,995,937
85,960 2,081,897
Net movement in fimds, included in the above ar¢ as follows:
Incoming R￿OUrceS
resoure¢s
¢xpend¢d
Gains and Movement
losses
Unrestricted funds
General fijnd
1.010.291
(941,236)
23,567
92,622
Restricted funds
Propw equiprnent fund
(6,662)
(6.662)
TOTAL FUNDS
1,010,291
(947.898)
23,567
85.960
Comparativ£s for movement in funds
Nd
movement
in funds
At
31.8.23
At 1.9.22
Unrestricted funds
General fund
1,713,884
146.549 1.860.433
Restricted funds
Pro￿rtY equipment fimd
142,166
(6,662)
135,504
TOTALFUNDS
1.856,050
139.887 1,995,937
Page 24
continued...

Amiy Rugby Union TTUSt
Notes to the Financial Statements - continued
for th¢ Y¢aT End¢d 31 August 2024
I& MOVEMENf IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows..
Incoming Resources
resources
exFKnded
Gains and Movemenl
losses
in ￿llds
Unrestricted funds
General fund
1.135,237
(987,228)
(1,460)
146.549
Restricted funds
Prom ¢quipment fund
(6,662)
(6,662)
TOTAL FUNDS
1,135.237
(993.890)
(1.460)
139,887
A current year 12 months and prior year 12 months combined p)sition is as follows:
Net
movun¢nt
in funds
At
31.8.24
At 1.9.22
Unrestricted funds
General flmd
1.713,884
239.171
1.953.055
Restricted funds
Fro￿rtY equipment fi￿d
142.166
(13.324)
128,842
TOTAL FUNDS
1,856.050
225.847 2.081,897
Page 25
ontinu¢d...

Anny Rugby Union TTtLSt
Nofrs to the Financial Ststements- continued
for the Year Ended 31 August 2024
I& MOTrTKENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movemeirt in fimds,
included in the above a￿ as follows:
Incoming R¢50urces Gains and Movement
r¢sourc¢s cxpcnded
losses
in funds
Unrestricted funds
General fund
2,145,528 (1928,464)
22,107
239,171
Restricted funds
ProEty equipment fund
{13J24)
(13J24)
TOTALFUNDS
2.145,528 (1,941,788)
22,107
225.847
19. RELATED PARTYDISCLOSiJRES
There w¢re no r¢latcd party transactions for the year ended 31 August 2024.
Pag¢ 26

Arniy Rugby Union Trust
Detailed Ststement of Financial Activities
for the Ye4r End¢d 31 August 2024
31.8.24
31.8.23
tNCOME AND ENDOWMENrs
Donations and legacie3
Gifts
Donations
250
388,517
272.882
388,767
272.882
Other trading activities
Sporting events
Shop income
Prize money
Affiliation fees
her income
540,222
6.000
2.000
3,020
13,672
815,586
3,651
4,150
900
564.914
824287
Investment income
Income from listed investments
Other fixed &sset inv- UnFII
Deposit account interest
7.333
5,706
43,571
2J66
6.678
9.531
56.610
18,575
Other income
Royalties
19,493
Total ineoming resources
1.010,291
1.135.237
EXPENDITURE
Raising donations and legacies
Hospitality
Advertising
6.793
215,730
2,710
96,827
222.523
99.537
Charitable activities
Sporting events
CaTried fonvard
154,131
154,131
339,423
339,423
This page does not fonn part of the statutory financial stat¢m¢nts
Page 27

Atmy Rugby Union Tn]st
Detailed Statement of Financial Activities
for the Year Ended 31 August 2024
31.8.24
31.8.23
Charitable activiti£q
Brought fonvard
Management
Grounds and infrasttuctur¢
Clothing formal
Training equipment
Medical
Presentations
Accommodation
M¢ssing and subsist¢nc¢
Manag¢m¢nt traiDing
Vehicle leasing
Vehicle nu]ning costs
Travel
Short leasehold
Computer equipment
Grants to institutions
Grants to inth'viduals
154,131
3,395
339,423
2,301
61.600
6.800
1206
4,348
7,562
12,374
1.326
2,687
1,271
772
14,577
623
17,828
292,664
128,849
35.852
21240
7.808
64.850
24,052
840
2,302
71
4,294
14,577
108
6,071
57.574
526,014
767,362
Support costs
Management
Insurance
Light and heAt
Telephone
Postage and ststionery
Sundries
Media Costs
Website
572
1,849
828
55
37,795
556
1242
2.263
471
837
2,492
136
ii,iio
1,407
42,897
18,716
Finance
Bank charges
35
Information tschnology
Comput￿ and software
1,538
1,943
Other
Wages
Carried forward
129,615
129,615
69,890
69,890
Thi's page does not forni part of the statutory financial statements
Page 28

Arniy Rugby Union Trust
Detsiled Statement of Financial Activities
for the Year Ended 31 August 2024
31.8.24
31.8.23
Brought forward
Social security
Pensions
129.615
738
808
69,890
7,516
9,754
131.161
87.160
Governanee Costs
Auditors, r¢muncration
Auditors, remuneration for non audit
work
A¢¢ountancy and legal fees
20,890
15,000
4,137
2,875
23,765
19,137
Total resources expend
947,898
993.890
Net income before gains and losses
62393
141,347
Realised r￿)gniSed gains and10&ses
R¢alis¢d gaIn￿(losSes) on fixed asset
investments
23,567
(1.460)
Net itieome
85,960
139.887
This page does not forn] part of the statlrtory fllwicial statements
Page 29