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2025-08-31-accounts

REGISTERED COMPANY NUMBER: 08167993 (England and Wales) REGISTERED CHARITY NUMBER: 1149105

Report of the Trustees and

Financial Statements

for the Year Ended 31 August 2025

for Army Rugby Union Trust

Turner & Co Registered Auditors Chartered Accountants 10a White Hart Parade London Road Blackwater Camberley Surrey GU17 9AD

Army Rugby Union Trust

Contents of the Financial Statements for the Year Ended 31 August 2025

Page
Report of the Trustees 1 to 7
Report of the Independent Auditors 8 to 11
Statement of Financial Activities 12
Balance Sheet 13 to 14
Cash Flow Statement 15
Notes to the Cash Flow Statement 16
Notes to the Financial Statements 17 to 27
Detailed Statement of Financial Activities 28 to 30

Army Rugby Union Trust

Report of the Trustees for the Year Ended 31 August 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of 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).

Page 1

Army Rugby Union Trust

Report of the Trustees for the Year Ended 31 August 2025

OBJECTIVES AND ACTIVITIES

Objectives and aims

The aim of the ARU is to promote and foster the game of Rugby Union in the Army and its civilian military communities in accordance with the Laws of the Game promulgated by World Rugby rules, 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 purposes which are not charitable in accordance with section 7 of the Charities and Trustees Investment (Scotland) Act 2005 and Section 2 of the Charities Act (Northern Ireland) 2008.

To meet the aim the ARU shall pursue the following objectives:

. General - Provide an infrastructure for Army Rugby such that no potential participant is denied the opportunity to play, coach or referee at the highest level possible.

. Governance- The ARU Management Board that is voted into office by its members annually at the Annual General Meeting shall conduct the affairs of the Union in a financial and responsible way, so that it remains compliant with the Charity Commission and Companies House laws and as detailed in the paragraphs below.

. Representative Rugby- Select and maintain at Senior, Women's, Development Academy and Master's levels Fifteen and Sevens team, as appropriate and agreed, to represent the Army. To provide a standard of rugby that will develop and promote those with talent for higher honours. In addition, the ARU shall seek to support the work of the UKAF Rugby Football Club Committee.

. Community Rugby - Organise and run annually, the Army clubs in the UK, the ARU Premiership and Championship leagues to provide a competitive element throughout the season irrespective of the ability of the participants; the rules of thess competitions are reviewed and published annually on the appropriate page of the ARU web site. In addition, the ARU may approve or organise other competitions which support the aim of the ARU, including:

. The Inter Corps League Tables

. The Army Inter Corps Fifteens Championship, and

. The Army sevens Tournament.

. Coaching - Maintain a formal coaching structure to improve and thereafter sustain the standards throughout the Army and to provide a structure for the advancement of coaches.

. Referees - maintain the Army Rugby Union Referees Society (ARURS) to improve and sustain the standards of refereeing in the Army. To facilitate the training, development and advancement and referees and to the appropriate links with the UKAF Rugby Referees and other referee's societies.

. Finance - maintain a sound financial base, thereby providing the best service to Rugby Union in the Army, within budget, and in accordance with the priorities agreed by the Management Board.

Page 2

Army Rugby Union Trust

Report of the Trustees for the Year Ended 31 August 2025

. Marketing and Engagement - Market the ARU as a positive contributor to the 'lived experience' and the opportunities available to Army sports personnel who seek to compete and succeed at the highest level they can. Where we can, offer ARU representative fixtures to be used as Engagement Events to support the Army's INFORM and ATTRACT.

. Relations with the RFU- Maintain a close and binding relationship with the RFU, taking all appropriate measures to promote Army Rugby at national and international levels, and seeking opportunities to support the RFU' s community rugby initiative.

. Injury and Safety - Promote standards of play and discipline such that all players and officials are placed at the least possible risk, whilst ensuring that all participating teams are fully insured via the RFU insurance scheme.

. Reviews- The Objectives of the ARU are reviewed by the Management Board, as required, and by the Council annually. If agreed, any recommended changes are to be announced at the Annual General Meeting. Agreed objectives based on paragraphs 3 and 4 above are to be promulgated to members of Union through the Annual Management Plan.

. Maintaining a diversified leadership approach the Army Rugby Union Charitable Trust maintains on course to continue the development of the strategic plan for the period 2022-2025 which has been modified, at its core will see the development of military community rugby, further enhancing the charity's role and significance in the local military garrison communities. Going forward we will do this with a clear purpose: "To engage and inspire our military community through rugby."

Conclusion

The Army Rugby Union (ARU) trustees have considered the three-year financial plan and the declining revenue from the Army V Navy ticket sales and considers the company will be able to meet its liabilities as they fall due over the coming 12 month, and hence these financial statements are prepared on a going concern basis.

The ARU trustees acknowledge that their accounts are in a healthy state of affairs however they will monitor the impact the impact of declining revenue from ticket sales and or sponsorship on the activities of the ARU Charitable Trust.

STRATEGIC REPORT

Financial position

The Trust witnessed an excess of income over expenditure for the year ended 31 August 2025 of £20,990.

Page 3

Army Rugby Union Trust

Report of the Trustees for the Year Ended 31 August 2025

STRATEGIC REPORT Financial review

Investment policy and objectives

The Trust has wide powers of investment. The Director of Finance is restricted in the structure of the investment portfolio by policy decisions made from time to time by the Trustees at the quarterly meetings. The overall investment policy is one of long-term capital growth to maintain the purchasing power of the Trust.

Reserves policy

The Management Board continue to endorse a revised Reserve Strategy to grow the Trust's Reserves to cover one year's annual net operating costs. The policy complies with SORP.

The ARU is controlled and directed by the Management Board which should meet at least four times a year to monitor in year performance, to decide policy. The Management Board endorses the annual allocation of funds prepared by the Director of Finance following internal budget screenings to representative teams, community competitions and other charitable bodies as decided appropriate by the Board.

The ARU Trust employs two pensionable permanent staff- the Director of Finance, and the Communications Officer. The full-time Chief Operating Officer and Assistant Operations Officer are employed by the Army Sports Control Board, but they work directly for the ARU Management Board.

Financial and risk management objectives and policies

Risks are considered by the Management Board, and the key risks remain the continuing success of the annual Army v Navy game and a loss of sponsorship. The reserve policy is designed to ensure to that sufficient reserves are retained to cover at least one year of operating cost.

Future plans

The management board remain focussed on promoting and governing Rugby Union in the Army through the maintenance of stable structures for the game that enable its successful development at all levels. This is to be achieved by increased levels of funding to the community area of the Trust. The management board endorsed policy of a balanced budget remains extant.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Page 4

Army Rugby Union Trust

Report of the Trustees for the Year Ended 31 August 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

The ARU Management Board is responsible for managing the affairs of the Trust, determine policy and has full power over the use, disposition and investment of the ARU Funds. It meets at least four times per year and each Director, as listed below, takes the lead on their respective area. The Management Board consists of the following appointments:

Chairman Vice Chairman/ RFU Council Member Director of Representative Rugby Director of Marketing Director of Community Rugby Director of Rugby Development Non-Executive Director of Finance Non-Executive Director of Marketing Non-Executive Director of Operations Non-Executive Director of Community Rugby

In addition to the ARU Management Board, the ARU Council acts as a forum at which all elements of the game are represented. Affiliated clubs, within the ARU are entitled to vote at the AGM The byelaws of the ARU can only be added to, amended, or rescinded with the consent of at least two thirds of the members present at a General Meeting.

Induction and training of new trustees

New appointees' induction training is personalised to meet the requirements of the appointee: with the advent of amendments to the Trustees & Charities Acts, many serving personnel will have already received training/attended courses relating to the Duties of Trustees as part of their professional development or have attended Trustee Training relating to other Charitable activities.

The majority of the ARU officials are serving British Army personnel, with the exception of the ARU secretariat, which is staffed by 4 permanent staff: the ARU Chief Operations Officer and Assistant Operations Officer, funded by the Army Sports Control Board, and the Director of Finance and Communications Officer funded by the charity. The majority of posts within the ARU are advertised on the ARU website inviting volunteers to be considered for selection: all Management Board appointments are re-appointed at the AGM.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

08167993 (England and Wales)

Registered Charity number

1149105

Page 5

Army Rugby Union Trust

Report of the Trustees for the Year Ended 31 August 2025

Registered office

Army Rugby Union Mackenzie building Fox Lines Queens Avenue Aldershot Hampshire GU11 2LB

Trustees

J Cook Obe Phd Chairperson A Geary Hm Forces G Malec Hm Forces Major G E Stonebridge-Smith MB Hm Forces (resigned 9 October 2025) A Teasdale Operations Manager (resigned 9 October 2025) M Wilding Hm Forces

Auditors

Turner & Co Registered Auditors Chartered Accountants 10a White Hart Parade London Road Blackwater Camberley Surrey GU17 9AD

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Army Rugby Union Trust for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Page 6

Army Rugby Union Trust

Report of the Trustees for the Year Ended 31 August 2025

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITORS

The auditors, Turner & Co, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 5.12.25 and signed on the board's behalf by:

J Cook Obe PHD Chairperson

Page 7

Report of the Independent Auditors to the Members of Army Rugby Union Trust

Opinion

We have audited the financial statements of Army Rugby Union Trust (the 'charitable company') for the year ended 31 August 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Page 8

Report of the Independent Auditors to the Members of Army Rugby Union Trust

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Page 9

Report of the Independent Auditors to the Members of Army Rugby Union Trust

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that 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. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Enquiry of management, those charged with governance around actual and potential litigation and claims.

Reviewing financial statements disclosure and testing to supporting documentation to assess compliance with applicable laws and regulations and the Associations memorandum.

Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness and evaluating the business rationale of significant transactions outside the normal course of business should they arise.

Reconciling income in total to amount recorded in the company's financial records to ensure completeness of income.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 10

Report of the Independent Auditors to the Members of Army Rugby Union Trust

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies 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 the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Margaret Turner (Senior Statutory Auditor) for and on behalf of Turner & Co Registered Auditors Chartered Accountants 10a White Hart Parade London Road Blackwater Camberley Surrey GU17 9AD Date: 5.12.25

Page 11

Army Rugby Union Trust

Statement of Financial Activities for the Year Ended 31 August 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Raising funds
5
Charitable activities
6
Charitable activities
Total
Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD		 Unrestricted
Restricted
funds
fund
£
£
317,448
-
522,984
-
44,880
-
885,312
-
44,530
-
813,559
6,662
858,089
6,662
429
-
27,652
(6,662)
1,953,055
128,842
1,980,707
122,180		 31.8.25

Total
funds
£
317,448
522,984
44,880
885,312
44,530
820,2221
864,751
429
20,990
2,081,897
2,102,887		 31.8.24
Total
funds
£
388,517
565,164
56,610
1,010,291
222,523
725,375
947,898
23,567
85,960
1,995,937
2,081,897

The notes form part of these financial statements

Page 12

Army Rugby Union Trust

Balance Sheet 31 August 2025

Notes
FIXED ASSETS
Tangible assets
13
Investments
14
CURRENT ASSETS
Debtors
15
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
16
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS		 Unrestricted
Restricted
funds
fund
£
£
144,093
122,180
204,388
-
348,481
122,180
17,555
-
1,633,671
-
1,651,226
-
(19,000)
-
1,632,226
-
1,980,707
122,180
1,980,707
122,180		 31.8.25

Total
funds
£
266,273
204,388
470,661
17,555
1,633,671
1,651,226
(19,000)
1,632,226
2,102,887
2,102,887		 31.8.24
Total
funds
£
280,850
398,175
679,025
1,004
1,461,911
1,462,915
(60,043)
1,402,872
2,081,897
2,081,897

The notes form part of these financial statements

continued...

Page 13

Army Rugby Union Trust

Balance Sheet - continued 31 August 2025

Balance Sheet - continued
31 August 2025
FUNDS
17
Unrestricted funds:
General fund
Restricted funds:
Property equipment fund
TOTAL FUNDS		 1,980,707
122,180
2,102,887		 1,953,055
128,842
2,081,897

The financial statements were approved by the Board of Trustees and authorised for issue on 5.12.25 and were signed on its behalf by:

The notes form part of these financial statements

Page 14

Army Rugby Union Trust

Cash Flow Statement for the Year Ended 31 August 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of fixed asset investments
Sale of fixed asset investments
Interest received
Dividends received
Net cash provided by investing activities
Change in cash and cash
equivalents in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period		 31.8.25
£
(67,336)
(67,336)
(8,962)
203,178
44,880
-
239,096
171,760
1,461,911
1,633,671		 31.8.24
£
30,244
30,244
(10,617)
-
43,571
13,039
45,993
76,237
1,385,674
1,461,911

The notes form part of these financial statements

Page 15

Army Rugby Union Trust

Notes to the Cash Flow Statement

for the Year Ended 31 August 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Gain on investments
Interest received
Dividends received
Decrease in stocks
Increase in debtors
Increase in creditors
Net cash provided by operations
ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.24
£
Net cash
Cash at bank and in hand
1,461,911
1,461,911
Total
1,461,911		 31.8.25
£
20,990
14,577
(429)
(44,880)
-
-
(16,551)
(41,043)
(67,336)
Cash flow
£
171,760
171,760
171,760		 31.8.24
£
85,960
14,685
(23,568)
(43,571)
(13,039)
110
2,484
7,183
30,244
At 31.8.25
£
1,633,671
1,633,671
1,633,671

2. ANALYSIS OF CHANGES IN NET FUNDS

The notes form part of these financial statements

Page 16

Army Rugby Union Trust

Notes to the Financial Statements for the Year Ended 31 August 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

continued...

Page 17

Army Rugby Union Trust

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

1. ACCOUNTING POLICIES - continued

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Donations
3.
OTHER TRADING ACTIVITIES
Sporting events
Shop income
Prize money
Affiliation fees
Other income		 31.8.25
£
317,448
31.8.25
£
495,519
17,449
750
2,650
6,616
522,984		 31.8.24
£
388,517
31.8.24
£
540,472
6,000
2,000
3,020
13,672
565,164

continued...

Page 18

Army Rugby Union Trust

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

4. INVESTMENT INCOME

Income from listed investments
Other fixed asset inv - UnFII
Deposit account interest
5.
RAISING FUNDS
Raising donations and legacies
Hospitality
Advertising
6.
CHARITABLE ACTIVITIES COSTS
Charitable activities		 Direct
Costs
£
619,185		 Grant
funding of
activities
(see note
7)
£
67,955

continued...

Page 19

Army Rugby Union Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

7. GRANTS PAYABLE

GRANTS PAYABLE
31.8.25 31.8.24
£ £
Charitable activities 67,955 63,645

8. SUPPORT COSTS

Information
Management technology
£
£
Charitable activities
7,837
-		 Governance
Other
costs
£
£
109,832
8,750		 Totals
£
126,419

9. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Auditors' remuneration
Auditors' remuneration for non audit work
Depreciation - owned assets		 31.8.25
£
8,000
-
14,577		 31.8.24
£
20,890
4,137
14,685

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.

continued...

Page 20

Army Rugby Union Trust

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

11. STAFF COSTS

31.8.25
£
Wages and salaries
109,832
Social security costs
-
Other pension costs
-
109,832
The average monthly number of employees during the year was as follows:
31.8.25
Director of finance
1
Communications officer
1
2
No employees received emoluments in excess of £60,000.		 31.8.24
£
129,615
738
808
131,161
31.8.24
1
1
2
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
388,517
-
Other trading activities
565,164
-
Investment income
56,610
-
Other income
-
-
Total
1,010,291
-
EXPENDITURE ON
Raising funds
222,523
-
Charitable activities
Charitable activities
718,713
6,662
Total
941,236
6,662

Total
funds
£
388,517
565,164
56,610
-
1,010,291
222,523
725,375
947,898

continued...

Page 21

Army Rugby Union Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD
13.
TANGIBLE FIXED ASSETS
COST
At 1 September 2024 and
31 August 2025
DEPRECIATION
At 1 September 2024
Charge for year
At 31 August 2025
NET BOOK VALUE
At 31 August 2025
At 31 August 2024		 Short
leasehold
£
364,435
83,585
14,577
98,162
266,273
280,850		 Unrestricted
funds
£
23,567
92,622
1,860,433
1,953,055
Fixtures
and
fittings
£
59,661
59,661
-
59,661
-
-		 Unrestricted
funds
£
23,567
92,622
1,860,433
1,953,055
Fixtures
and
fittings
£
59,661
59,661
-
59,661
-
-		 Restricted
fund
£
-
(6,662)
135,504
128,842
Computer
equipment
£
2,491
2,491
-
2,491
-
-		 Total
funds
£
23,567
85,960
1,995,937
2,081,897
Totals
£
426,587
145,737
14,577
160,314
266,273
280,850

continued...

Page 22

Army Rugby Union Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

14. FIXED ASSET INVESTMENTS

Listed
Unlisted
investments investments
£
£
MARKET VALUE
At 1 September 2024
202,749
186,495
Additions
-
8,962
Revaluations
429
-
Disposals
(203,178)
-
At 31 August 2025
-
204,388
NET BOOK VALUE
At 31 August 2025
-
204,388
At 31 August 2024
202,749
195,426		 Totals
£
363,990
8,962
429
(203,178)
204,388
204,388
398,175

There were no investment assets outside the UK. Cost or valuation at 31 August 2025 is represented by:

Listed
Unlisted
investments investments
£
£
Valuation in 2025
-
15,148
Cost
-
189,240
-
204,388		 Totals
£
15,148
189,240
204,388

continued...

Page 23

Army Rugby Union Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.25
£
Prepayments and accrued income
106
Trade debtors
17,449
17,555
16.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.25
£
Accruals and deferred income
19,000
19,000
17.
MOVEMENT IN FUNDS
Net
movement
At 1.9.24
in funds
£
£
Unrestricted funds
General fund
1,953,055
27,652
Restricted funds
Property equipment fund
128,842
(6,662)
TOTAL FUNDS
2,081,897
20,990		 31.8.25
£
106
17,449 -

continued...

Page 24

Army Rugby Union Trust

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

18. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Property equipment fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Property equipment fund
TOTAL FUNDS		 Incoming
resources
£
885,312
-
885,312
Resources

expended
£
(858,089)
(6,662)
(864,751)
At 1.9.23
£
1,860,433
135,504
1,995,937
Gains and

losses
£
429
-
429
Net
movement

in funds
£
92,622
(6,662)
85,960		 Movement
in funds
£
27,652
(6,662)
20,990

At

31.8.25
£
1,953,055
128,842
2,081,897

continued...

Page 25

Army Rugby Union Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

18. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Property equipment fund
TOTAL FUNDS
A current year 12 months and prior year
Unrestricted funds
General fund
Restricted funds
Property equipment fund
TOTAL FUNDS		 Incoming
Resources
Gains and Movement
resources
expended
losses
in funds
£
£
£
£
1,010,291
(941,236)
23,567
92,622
-
(6,662)
-
(6,662)
1,010,291
(947,898)
23,567
85,960
12 months combined position is as follows:
Net
movement
At
At 1.9.23
in funds
31.8.25
£
£
£
1,860,433
120,274
1,980,707
135,504
(13,324)
122,180
1,995,937
106,950
2,102,887

continued...

Page 26

Army Rugby Union Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Property equipment fund
TOTAL FUNDS		 Incoming
resources
£
1,895,603
-
1,895,603
Resources

expended
£
(1,799,325)
(13,324)
(1,812,649)
Gains and

losses
£
23,996
-
23,996		 Movement
in funds
£
120,274
(13,324)
106,950

19. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2025.

Page 27

Army Rugby Union Trust

Detailed Statement of Financial Activities
for the Year Ended 31 August 2025
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Other trading activities
Sporting events
Shop income
Prize money
Affiliation fees
Other income
Investment income
Income from listed investments
Other fixed asset inv - UnFII
Deposit account interest
Total incoming resources
EXPENDITURE
Raising donations and legacies
Hospitality
Advertising		 31.8.25
£
317,448
495,519
17,449
750
2,650
6,616
522,984
-
8,962
35,918
44,880
885,312
4,138
40,392
44,530		 31.8.24
£
388,517
540,472
6,000
2,000
3,020
13,672
565,164
7,333
5,706
43,571
56,610
1,010,291
6,793
215,730
222,523

This page does not form part of the statutory financial statements

Page 28

Army Rugby Union Trust

Detailed Statement of Financial Activities

for the Year Ended 31 August 2025

Raising donations and legacies
Charitable activities
Sporting events
Clothing formal
Training equipment
Medical
Presentations
Accommodation
Messing and subsistence
Management training
Vehicle leasing
Vehicle running costs
Travel
Short leasehold
Computer equipment
Grants to institutions
Grants to individuals
Support costs
Management
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Media costs
Website
Finance
Bank charges		 31.8.25
£
403,222
107,018
9,600
15,518
766
10,276
51,045
-
4,968
-
6,431
14,577
-
8,806
59,149
691,376
1,146
1,070
1,300
-
-
2,856
1,465
7,837
2,426		 31.8.24
£
194,571
128,849
35,852
21,240
7,808
64,850
24,052
840
2,302
71
4,294
14,577
108
6,071
57,574
563,059
572
1,849
828
55
750
556
1,242
5,852
-

This page does not form part of the statutory financial statements

Page 29

Army Rugby Union Trust

Detailed Statement of Financial Activities for the Year Ended 31 August 2025

Finance
Information technology
computer and software
Other
Wages
Social security
Pensions
Governance costs
Auditors' remuneration
Auditors' remuneration for non audit
work
Accountancy and legal fees
Total resources expended
Net income before gains and losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset
investments
Net income		 31.8.25
£
-
109,832
-
-
109,832
8,000
-
750
8,750
864,751
20,561
429
20,990		 31.8.24
£
1,538
129,615
738
808
131,161
20,890
-
2,875
23,765
947,898
62,393
23,567
85,960

This page does not form part of the statutory financial statements

Page 30