**REGISTERED COMPANY NUMBER: 08510437 (England and Wales) REGISTERED CHARITY NUMBER: 1155987**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31st May 2022**
**for**
## **Congleton Rugby Union Football Club Ltd**
Hammond McNulty LLP Bank House Market Square Congleton Cheshire CW12 1ET
**Congleton Rugby Union Football Club Ltd**
## **Contents of the Financial Statements for the Year Ended 31st May 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**|6|to|7|
|**Notes to the Financial Statements**|8|to|16|
|**Detailed Statement of Financial Activities**|17|to|18|
**Congleton Rugby Union Football Club Ltd**
## **Report of the Trustees for the Year Ended 31st May 2022**
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 31st May 2022. 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).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
To promote community participation in healthy recreation by providing facilities for playing rugby union football (and other sports) ('facilities' means land, buildings, equipment and organising sporting activities);
To provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life; to advance the education of children and young people through such mean as the directors think fit in accordance with the law of charity.
The policies adopted in furtherance of these objects are to provide a safe and welcoming environment for all to enjoy playing and participating in sport (in particular rugby union football) and there has been no change in these during the year.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
Whilst the 2021/22 season thankfully saw a return to playing competitive rugby, it remained a challenging year for the club, financially. Although the club house has reopened (post its refurbishment), the changing rooms were closed for much of the season while they were made safe and refurbished. This resulted in the relocation of matches to another part of town with consequent impacts on bar revenue as visiting teams were less likely to return to town after the match. That said, once the renovation had been completed, the expected uplift in bar revenue has started to be realised, providing some hope for a more successful 2022/23 season.
## During this year, the club has focused on:
- continued fund raising to complete the changing rooms and the final phase of renovations
- growing player recruitment, especially in respect of a greatly improved Mini and Junior section.
- establishment of a separate trading account for the bar (with appropriate licences and agreements back to the CRUFC company) to allow the club to fully leverage that part of the business by enabling it to be open for the use of (and hire by) the general public.Going forward, this new arrangement will be reflected within the accounts of Congleton Rugby Union Football Club by a transfer of the profits from the Bar Company (known as Grizzly Limited) to CRUFC under the heading of Investment income.
Whilst relocation remains a key objective of the Trustees, relocation activity has been curtailed due to the external environment and lack of opportunities. The more immediate focus is now to maintain and improve our existing facilities to better support our Club members and the wider community.
## **FINANCIAL REVIEW**
## **Reserves policy**
The reserves policy of the charity is to maintain unrestricted free funds of the charity, at a sufficient level which enables the charity to be able to operate. Further to the recognition last year of the need for significant repairs to the club's premises, the renovation of the club house and changing rooms has now been completed. Further renovations to the outdoor area, including gents' toilet block, are planned for 2022/23. To support this, the Charity's funds are currently kept on deposit to be readily available at short notice.
Page 1
**Congleton Rugby Union Football Club Ltd**
## **Report of the Trustees for the Year Ended 31st May 2022**
## **FINANCIAL REVIEW**
## **Going concern**
The Trustees have considered the on-going impact of COVID-19 and the refurbishment of the club's premises on the principal activities of the business and they believe that they have sufficient resources in place to operate for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.
During the year under review the club has principally been funded by grants, donations, membership subscriptions and Gift Aid tax repayment claims.
The Club continues to benefit from its charity status with an extension to the previous 3 year donation to fund the recruitment and employment of a Mini & Junior Director. The extension provides additional funding to enable the recruitment and employment of a club-wide Director of Rugby. Based on current expectations, sufficient funding is in place to finance both positions for the next 3 years.
The Financial results for the year are shown in the statement of financial activities on pages 5 to 12. As at 31 May 2022 total reserves were £436,747 (31 May 2021 £525,111) The Trustees will continue to monitor the reserves held by the charity.
Following the successful conversion of the Club into a Charity in 2014, the trustees have continued to benefit from Gift Aid tax relief. During the current period to May 2022 Gift Aid tax repayments of £6,395 (31 May 2021 £5,366) were received by the Charity. A substantial part of this tax repayment relates to the donation for the Mini & Junior coach.
## **Restricted funds**
Restricted funds are for Club development and maintenance comprising:-
M & J Special Interest
A three year donation agreement secured by the Club in 2019 to finance the costs of recruitment and employment of a coach for the Mini and Junior section.
## Making club house safer project
A Rugby Football Foundation capital grant to make our clubhouse safer in 2018.
## Club House Repair
A grant from Congleton 4 Congleton, Cheshire Community Foundation & Congleton Inclosure Trust to refurbish the Club House and changing rooms in 2021 & 2022.
The Club operates a Small Society Lottery called the 200 Club. All profits raised from this are for Club development although these funds are not included in these accounts as Restricted funds.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its Articles of Association along with its club rules, it constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The formal governing document is the Articles of Association adopted on 16 May 2016. The charity was registered with the Charity Commission on 3 March 2014.
## **Recruitment and appointment of new trustees**
Trustees are nominated by existing members using the forms available on the club website and are elected in the AGM. Vacant positions are advertised on the website, via social media and by word of mouth.
In accordance with the Articles of Association of Congleton RUFC all members of Congleton CRUFC are Voting members. Members have one vote each. Any Voting Member may nominate another member to be a Trustee. In accordance with Clause 20 of the Articles of Association, retiring Trustees are eligible for re-election as Trustees.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
08510437 (England and Wales)
Page 2
**Congleton Rugby Union Football Club Ltd**
## **Report of the Trustees for the Year Ended 31st May 2022**
**Registered Charity number** 1155987
## **Registered office**
Bank House Market Square Congleton Cheshire CW12 1ET
## **Trustees**
M Smith Director (resigned 12/9/2022) P E Owen Director (resigned 12/9/2022) M T Somers Director (resigned 12/9/2022) A L Jones Director L Purcell Director (resigned 13/9/2021) Miss C A Lowe Director M J Davies Director - Treasurer P V Bernardi Director A J Simms Director (resigned 26/7/2021) C Brady Director S P Critchley Director (resigned 31/3/2022) N T Davenport Director J Gallimore Director (appointed 13/9/2021) Mrs A S Procter-Leese Director (appointed 13/9/2021) Dr J S Lea (appointed 12/9/2022) W R Gear (appointed 12/9/2022) Mrs S H Hennam-Dale (appointed 12/9/2022)
**Company Secretary** P V Bernardi
## **Independent Examiner**
Mr Colin Higginson ACCA Hammond McNulty LLP Bank House Market Square Congleton Cheshire CW12 1ET
Approved by order of the board of trustees on 7th February 2023 and signed on its behalf by:
M J Davies - Trustee
Page 3
## **Independent Examiner's Report to the Trustees of Congleton Rugby Union Football Club Ltd**
## **Independent examiner's report to the trustees of Congleton Rugby Union Football Club Ltd ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st May 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Colin Higginson ACCA Hammond McNulty LLP Bank House Market Square Congleton Cheshire CW12 1ET
7th February 2023
Page 4
**Congleton Rugby Union Football Club Ltd**
## **Statement of Financial Activities**
## **for the Year Ended 31st May 2022**
|Unrestricted
funds
Notes
£
**INCOME AND**
**ENDOWMENTS FROM**
Donations and legacies
2
**45,883**
**Charitable activities**
5
Cheshire Community Foundation
**-**
Cheshire East Council
**-**
Cheshire RFU
**-**
Congleton 4 Congleton
**-**
Congleton Inclosure Trust
**-**
Congleton Young People's Trust
**-**
NatWest Rugbyforce
**-**
Other trading activities
3
**13,218**
Investment income
4
**4,304**
Other income
**506**
**Total**
**63,911**
**EXPENDITURE ON**
Raising funds
**12,875**
**Charitable activities**
Match & training costs
**15,507**
Sport facility costs
**8,213**
Cheshire East Council
**-**
Other
**6,306**
**Total**
**42,901**
**NET**
**INCOME/(EXPENDITURE)**
**21,010**
**Transfers between funds**
15
**(72,691)**
**Net movement in funds**
**(51,681)**
**RECONCILIATION OF**
**FUNDS**
Total funds brought forward
**351,947**
**TOTAL FUNDS CARRIED**
**FORWARD**
**300,266**|Restricted
funds
£
**251**
**-**
**-**
**-**
**-**
**10,000**
**-**
**-**
**-**
**-**
**-**
**10,251**
**-**
**-**
**79,108**
**-**
**536**
**79,644**
**(69,393)**
**66,858**
**(2,535)**
**4,142**
**1,607**|M & J
Special
Interest
£
**(4,999)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**(4,999)**
**-**
**29,822**
**901**
**-**
**4,259**
**34,982**
**(39,981)**
**5,833**
**(34,148)**
**169,022**
**134,874**|**31/5/22**
**Total**
**funds**
**£**
**41,135**
**-**
**-**
**-**
**-**
**10,000**
**-**
**-**
**13,218**
**4,304**
**506**
**69,163**
**12,875**
**45,329**
**88,222**
**-**
**11,101**
**157,527**
**(88,364)**
**-**
**(88,364)**
**525,111**
**436,747**|31/5/21
Total
funds
£
74,025
2,000
21,370
2,000
1,800
4,000
250
500
-
1,218
1,250|
|---|---|---|---|---|
|||||108,413|
|||||4,005
13,859
30,410
438
9,657|
|||||58,369|
|||||50,044
-|
|||||50,044
475,067|
|||||525,111|
The notes form part of these financial statements
Page 5
## **Congleton Rugby Union Football Club Ltd**
## **Balance Sheet**
## **31st May 2022**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
10
**165,704**
Investments
11
**100**
**165,804**
**CURRENT ASSETS**
Stocks
12
**-**
Debtors
13
**18,343**
Prepayments and accrued
income
**-**
Cash at bank and in hand
**117,087**
**135,430**
**CREDITORS**
Amounts falling due within one
year
14
**(967)**
**NET CURRENT ASSETS**
**134,463**
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
**300,267**
**NET ASSETS**
**300,267**
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**1,607**
**-**
**1,607**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**1,607**
**1,607**|M & J
Special
Interest
£
**-**
**-**
**-**
**-**
**-**
**-**
**134,873**
**134,873**
**-**
**134,873**
**134,873**
**134,873**|**31/5/22**
**Total**
**funds**
**£**
**167,311**
**100**
**167,411**
**-**
**18,343**
**-**
**251,960**
**270,303**
**(967)**
**269,336**
**436,747**
**436,747**
**300,267**
**136,480**
**436,747**|31/5/21
Total
funds
£
167,997
-
167,997
547
-
5,000
359,280
364,827
(7,713)
357,114
525,111
525,111
351,947
173,164
525,111|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
**Congleton Rugby Union Football Club Ltd**
## **Balance Sheet - continued**
## **31st May 2022**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 7th February 2023 and were signed on its behalf by:
M J Davies - Trustee
The notes form part of these financial statements
Page 7
**Congleton Rugby Union Football Club Ltd**
## **Notes to the Financial Statements**
## **for the Year Ended 31st May 2022**
## **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.
The following assets and liabilities are classified as financial instruments - trade creditors
Trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.
## **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.
Fixtures and fittings - 25% on reducing balance Computer equipment - 33% on reducing balance
## **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.
## **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.
continued...
Page 8
**Congleton Rugby Union Football Club Ltd**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31st May 2022**
|**2.**|**DONATIONS AND LEGACIES**|**DONATIONS AND LEGACIES**|||
|---|---|---|---|---|
||||**31/5/22**|31/5/21|
||||**£**|£|
||Donations||**1,406**|50,836|
||Gift aid||**6,395**|5,366|
||Subscriptions||**18,158**|7,422|
||Match/training fees||**2,479**|-|
||Sponsorships||**3,339**|1,993|
||200+ club income||**8,326**|8,408|
||International tickets||**1,032**|-|
||||**41,135**|74,025|
|**3.**|**OTHER TRADING ACTIVITIES**||||
||||**31/5/22**|31/5/21|
||||**£**|£|
||Bar takings||**13,218**|-|
|**4.**|**INVESTMENT INCOME**||||
||||**31/5/22**|31/5/21|
||||**£**|£|
||Rents received||**2,000**|-|
||Grizzly profits||**1,511**|-|
||Deposit account interest||**793**|1,218|
||||**4,304**|1,218|
|**5.**|**INCOME FROM CHARITABLE ACTIVITIES**||||
||||**31/5/22**|31/5/21|
|||Activity|**£**|£|
||Grants|Cheshire Community Foundation|**-**|2,000|
||Grants|Cheshire East Council|**-**|21,370|
||Grants|Cheshire RFU|**-**|2,000|
||Grants|Congleton 4 Congleton|**-**|1,800|
||Grants|Congleton Inclosure Trust|**10,000**|4,000|
||Grants|Congleton Young People's Trust|**-**|250|
||Grants|NatWest Rugbyforce|**-**|500|
||||**10,000**|31,920|
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
continued...
Page 9
**Congleton Rugby Union Football Club Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31st May 2022**
## **6. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||**31/5/22**|31/5/21|
|---|---|---|
||**£**|£|
|Depreciation - owned assets|**4,127**|3,124|
|Deficit on disposal of fixed assets|**-**|1|
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st May 2022 nor for the year ended 31st May 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st May 2022 nor for the year ended 31st May 2021.
## **8. STAFF COSTS**
The average monthly number of employees during the year was as follows:
||**31/5/22**|31/5/21|
|---|---|---|
|Coaching staff|**2**|1|
No employees received emoluments in excess of £60,000.
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
47,526
**Charitable activities**
Cheshire Community Foundation
-
Cheshire East Council
21,370
Cheshire RFU
2,000
Congleton 4 Congleton
-
Congleton Inclosure Trust
4,000
Congleton Young People's Trust
250
NatWest Rugbyforce
500
Investment income
1,218
Other income
1,250
**Total**
78,114
**EXPENDITURE ON**
Raising funds
4,005
**Charitable activities**
Match & training costs
10,679
Sport facility costs
28,194|Restricted
funds
£
(1)
2,000
-
-
1,800
-
-
-
-
-
3,799
-
-
1,800|M & J
Special
Interest
£
26,500
-
-
-
-
-
-
-
-
-
26,500
-
3,180
416|Total
funds
£
74,025
2,000
21,370
2,000
1,800
4,000
250
500
1,218
1,250|
|---|---|---|---|
||||108,413|
||||4,005
13,859
30,410|
continued...
Page 10
**Congleton Rugby Union Football Club Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31st May 2022**
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|Cheshire East Council
Other
**Total**
**NET INCOME**
**Transfers between funds**
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**10.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1st June 2021
Additions
At 31st May 2022
**DEPRECIATION**
At 1st June 2021
Charge for year
At 31st May 2022
**NET BOOK VALUE**
At 31st May 2022
At 31st May 2021|Unrestricted
funds
£
438
5,758
49,074
29,040
1,540
30,580
321,367
351,947
Freehold
property
£
**150,000**
**-**
**150,000**
**-**
**-**
**-**
**150,000**
150,000||Restricted
funds
£
-
714
2,514
1,285
(1,540)
(255)
4,397
4,142
Fixtures
and
fittings
£
**51,138**
**559**
**51,697**
**33,141**
**3,177**
**36,318**
**15,379**
17,997|M & J
Special
Interest
£
-
3,185
6,781
19,719
-
19,719
149,303
169,022
Computer
equipment
£
**433**
**2,882**
**3,315**
**433**
**950**
**1,383**
**1,932**
-|Total
funds
£
438
9,657
58,369
50,044
-
50,044
475,067
525,111
Totals
£
**201,571**
**3,441**
**205,012**
**33,574**
**4,127**
**37,701**
**167,311**
167,997|Total
funds
£
438
9,657|
|---|---|---|---|---|---|---|
|||||||58,369|
|||||||50,044
-|
|||||||50,044
475,067|
|||||||525,111|
||||||||
||||||||
||||||||
||||||||
||||||||
The property owned in Park Street Congleton shown under Freehold Land and Buildings were revalued on 22 April 2014 at £150,000 by independent chartered surveyors Timothy A Brown Congleton. The carrying amount of the property would have been £60,129 if the asset was recorded under the cost model.
continued...
Page 11
**Congleton Rugby Union Football Club Ltd**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31st May 2022**
## **11. FIXED ASSET INVESTMENTS**
|**11.**|**FIXED ASSET INVESTMENTS**|||
|---|---|---|---|
||||Shares in|
||||group|
||||undertakings|
||||£|
||**MARKET VALUE**|||
||Additions||**100**|
||**NET BOOK VALUE**|||
||At 31st May 2022||**100**|
||At 31st May 2021||-|
||There were no investment assets outside the UK.|||
|**12.**|**STOCKS**|||
|||**31/5/22**|31/5/21|
|||**£**|£|
||Stocks|**-**|547|
|**13.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||**31/5/22**|31/5/21|
|||**£**|£|
||Amounts owed by group undertakings|**18,343**|-|
|**14.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||**31/5/22**|31/5/21|
|||**£**|£|
||Trade creditors|**(22)**|2,818|
||Social security and other taxes|**5**|5|
||Pension creditor|**86**|-|
||Other creditors|**538**|248|
||Accrued expenses|**360**|4,642|
|||**967**|7,713|
continued...
Page 12
**Congleton Rugby Union Football Club Ltd**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31st May 2022**
## **15. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
200+ Club
**Restricted funds**
M & J Special Interest
Making club house safer project
Club house repair
**TOTAL FUNDS**
Net movement in funds, included in the above are as
**Unrestricted funds**
General fund
200+ Club
**Restricted funds**
M & J Special Interest
Making club house safer project
Club house repair
**TOTAL FUNDS**|At 1/6/21
£
**323,365**
**28,582**
**351,947**
**169,022**
**2,142**
**2,000**
**173,164**
**525,111**
follows:|Net
movement
in funds
£
**15,085**
**5,926**
**21,011**
**(39,982)**
**(535)**
**(68,858)**
**(109,375)**
**(88,364)**
Incoming
resources
£
**55,585**
**8,326**
**63,911**
**(4,999)**
**1**
**10,250**
**5,252**
**69,163**|Transfers
between
At
funds
31/5/22
£
£
**(43,691)**
**294,759**
**(29,000)**
**5,508**
**(72,691)**
**300,267**
**5,833**
**134,873**
**-**
**1,607**
**66,858**
**-**
**72,691**
**136,480**
**-**
**436,747**
Resources
Movement
expended
in funds
£
£
**(40,500)**
**15,085**
**(2,400)**
**5,926**
**(42,900)**
**21,011**
**(34,983)**
**(39,982)**
**(536)**
**(535)**
**(79,108)**
**(68,858)**
**(114,627)**
**(109,375)**
**(157,527)**
**(88,364)**|
|---|---|---|---|
continued...
Page 13
**Congleton Rugby Union Football Club Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31st May 2022**
## **15. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
200+ Club
**Restricted funds**
Sports equipment
M & J Special Interest
Making club house safer project
Club house repair
**TOTAL FUNDS**|At 1/6/20
£
298,193
23,174
321,367
1,540
149,303
2,857
-
153,700
475,067|Net
movement
in funds
£
23,632
5,408
29,040
-
19,719
(715)
2,000
21,004
50,044|Transfers
between
funds
£
1,540
-
1,540
(1,540)
-
-
-
(1,540)
-|At
31/5/21
£
323,365
28,582|
|---|---|---|---|---|
|||||351,947
-
169,022
2,142
2,000|
|||||173,164|
|||||525,111|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
200+ Club
**Restricted funds**
M & J Special Interest
Making club house safer project
Club house repair
**TOTAL FUNDS**|Incoming
resources
£
69,706
8,408
78,114
26,500
(1)
3,800
30,299
108,413|Resources
Movement
expended
in funds
£
£
(46,074)
23,632
(3,000)
5,408
(49,074)
29,040
(6,781)
19,719
(714)
(715)
(1,800)
2,000
(9,295)
21,004
(58,369)
50,044|Resources
Movement
expended
in funds
£
£
(46,074)
23,632
(3,000)
5,408
(49,074)
29,040
(6,781)
19,719
(714)
(715)
(1,800)
2,000
(9,295)
21,004
(58,369)
50,044|
|---|---|---|---|
||||29,040
19,719
(715)
2,000|
||||21,004|
||||50,044|
continued...
Page 14
**Congleton Rugby Union Football Club Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31st May 2022**
## **15. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
200+ Club
**Restricted funds**
Sports equipment
M & J Special Interest
Making club house safer project
Club house repair
**TOTAL FUNDS**|At 1/6/20
£
298,193
23,174
321,367
1,540
149,303
2,857
-
153,700
475,067|Net
movement
in funds
£
38,717
11,334
50,051
-
(20,263)
(1,250)
(66,858)
(88,371)
(38,320)|Transfers
between
funds
£
(42,151)
(29,000)
(71,151)
(1,540)
5,833
-
66,858
71,151
-|At
31/5/22
£
294,759
5,508|
|---|---|---|---|---|
|||||300,267
-
134,873
1,607
-|
|||||136,480|
|||||436,747|
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
200+ Club
**Restricted funds**
M & J Special Interest
Making club house safer project
Club house repair
**TOTAL FUNDS**|Incoming
resources
£
125,291
16,734
142,025
21,501
-
14,050
35,551
177,576|Resources
Movement
expended
in funds
£
£
(86,574)
38,717
(5,400)
11,334
(91,974)
50,051
(41,764)
(20,263)
(1,250)
(1,250)
(80,908)
(66,858)
(123,922)
(88,371)
(215,896)
(38,320)|Resources
Movement
expended
in funds
£
£
(86,574)
38,717
(5,400)
11,334
(91,974)
50,051
(41,764)
(20,263)
(1,250)
(1,250)
(80,908)
(66,858)
(123,922)
(88,371)
(215,896)
(38,320)|
|---|---|---|---|
||||50,051
(20,263)
(1,250)
(66,858)|
||||(88,371)|
||||(38,320)|
Page 15
continued...
**Congleton Rugby Union Football Club Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31st May 2022**
## **16. RELATED PARTY DISCLOSURES**
None of the trustees received remuneration or other benefit from their work with the charity. There were no connections between the trustees of the charity with any of its suppliers; therefore in the current year there are no such related party transactions to report.
The charity's wholly owned subsidiary If You're Gonna Be A Bear Be A Grizzly Limited was formed during the year to operate the bar in Park Street Congleton. If You're Gonna Be A Bear Be A Grizzly Limited has a licence from the charity to operate these facilities and pays all of its profits to the charity by gift aid. The charity owns the entire share capital of 100 Ordinary £1 shares A Summary of the trading results are shown below:
|Turnover
Cost of sales
Administrative expenses
Rent to charity
Net profit
Amount gift aided to charity
Retained in subsidiary
The Assets and liabilities were:
Current assets
Current liabilities
Aggregate share capital and reserves|**2022**
**£**
**13,031**
**(6,890)**
**(2,630)**
**(2,000)**
**1,511**
**(1,511)**
**-**
**18,683**
**(18,583)**
**100**|
|---|---|
Page 16
## **Congleton Rugby Union Football Club Ltd**
## **Detailed Statement of Financial Activities for the Year Ended 31st May 2022**
||31/5/22|31/5/21|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|**1,406**|50,836|
|Gift aid|**6,395**|5,366|
|Subscriptions|**18,158**|7,422|
|Match/training fees|**2,479**|-|
|Sponsorships|**3,339**|1,993|
|200+ club income|**8,326**|8,408|
|International tickets|**1,032**|-|
||**41,135**|74,025|
|**Other trading activities**|||
|Bar takings|**13,218**|-|
|**Investment income**|||
|Rents received|**2,000**|-|
|Grizzly profits|**1,511**|-|
|Deposit account interest|**793**|1,218|
||**4,304**|1,218|
|**Charitable activities**|||
|Grants|**10,000**|31,920|
|**Other income**|||
|Other income|**506**|1,250|
|**Total incoming resources**|**69,163**|108,413|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|200+ club prizes|**2,400**|3,000|
|Function expenses|**-**|755|
|International ticket purchases|**2,670**|-|
||**5,070**|3,755|
|**Other trading activities**|||
|Opening stock|**547**|250|
|Bar purchases|**7,258**|547|
|Closing stock|**-**|(547)|
||**7,805**|250|
|**Charitable activities**|||
|Wages|**29,242**|2,339|
|Carried forward|**29,242**|2,339|
This page does not form part of the statutory financial statements
Page 17
## **Congleton Rugby Union Football Club Ltd**
|**Charitable activities**
Brought forward
Pensions
Rent, rates and water
Insurance
Light and heat
Telephone
Advertising
Sundries
Match & training costs
Cleaning & laundry
Repairs & renewals
Subscription & licence fees
Donations
**Other**
Motor Expenses
Fixtures and fittings
Computer equipment
**Support costs**
**Management**
Postage and stationery
Loss on sale of tangible fixed assets
**Finance**
Bank charges
**Governance costs**
Independent examiner fees
Accountancy fees
Legal fees
Professional fees
Total resources expended
**Net (expenditure)/income**|**Detailed Statement of Financial Activities**
**for the Year Ended 31st May 2022**
31/5/22
31/5/21
£
£
**29,242**
2,339
**332**
-
**168**
94
**1,943**
1,923
**1,838**
4,443
**718**
1,009
**32**
50
**5,649**
2,596
**8,237**
7,426
**1,309**
30
**83,265**
23,003
**650**
674
**115**
438
**133,498**
44,025
**3,789**
2,717
**3,178**
3,124
**950**
-
**7,917**
5,841
**53**
42
**-**
1
**53**
43
**867**
323
**360**
360
**1,544**
2,064
**413**
640
**-**
1,068
**2,317**
4,132
**157,527**
58,369
**(88,364)**
50,044|**Detailed Statement of Financial Activities**
**for the Year Ended 31st May 2022**
31/5/22
31/5/21
£
£
**29,242**
2,339
**332**
-
**168**
94
**1,943**
1,923
**1,838**
4,443
**718**
1,009
**32**
50
**5,649**
2,596
**8,237**
7,426
**1,309**
30
**83,265**
23,003
**650**
674
**115**
438
**133,498**
44,025
**3,789**
2,717
**3,178**
3,124
**950**
-
**7,917**
5,841
**53**
42
**-**
1
**53**
43
**867**
323
**360**
360
**1,544**
2,064
**413**
640
**-**
1,068
**2,317**
4,132
**157,527**
58,369
**(88,364)**
50,044|
|---|---|---|
||||
|||44,025
2,717
3,124
-|
|||5,841
42
1|
|||43
323
360
2,064
640
1,068|
|||4,132|
|||58,369|
|||50,044|
This page does not form part of the statutory financial statements
Page 18