**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
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards 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 charitable company will continue in business.
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:
- there is no relevant audit information of which the charitable company's auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
## **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
- Trustee
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:
- give a true and fair view of the state of the charitable company's affairs as at 31 August 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **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:
- the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Trustees has been prepared in accordance with applicable legal requirements.
## **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:
- adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.
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:
- J Cook Obe Phd Chairperson - Trustee
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