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2023-05-31-accounts

Charity registration number 1155987

Company registration number 08510437 (England and Wales)

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr P V Bernardi
Mr C Brady
Mr J Gallimore
Mrs A S Procter-Leese
Mr M J Davies
Mr A L Jones
Miss C A Lowe
Mr J A Ball (Appointed 7 January 2023)
Dr J S Lea (Appointed 12 September 2022)
Mr A D Bygrave (Appointed 18 September 2023)
Mr W R Gear (Appointed 12 September 2022)
Mrs S H Hennam-Dale (Appointed 12 September 2022)
Secretary Mr P V Bernardi
Charity number 1155987
Company number 08510437
Principal address 78 Park Street
Congleton
Cheshire
England
CW12 1EG
Registered office Bank House
Market Square
Congleton
Cheshire
England
CW12 1ET
Independent examiner Peter McNulty FCA
Hammond McNulty LLP
Bank House
Market Square
Congleton
Cheshire
England
CW12 1ET

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

CONTENTS

Page
Trustees' report 1 - 3
Independent examiner's report 4
Statement of financial activities 5 - 6
Balance sheet 7
Notes to the financial statements 8 - 20

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 MAY 2023

The trustees present their annual report and financial statements for the year ended 31 May 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's articles of association, the Companies Act 2006 and "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

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.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Significant activities and achievements against objectives

The 2022/23 season felt like an end to the disruption of previous years as rugby returned in full to the town centre pitches. With a refurbished club house and rebuilt changing rooms, Congleton Rugby Club was once again able and proud to welcome visiting teams to the club house, with a resulting improvement to bar takings. That being said, bar profits did not reflect the increase in trade as the effects of the cost of living crisis began to take effect. Measures will be taken in the coming season to help protect the club's margins. On the pitch, it was great to see two senior sides turn out most weeks, something to be welcomed at a time when a number of other clubs of similar size were struggling to do the same. We have also seen encouraging growth and improved leadership in the mini and juniors section.

During this year, the club has focused on:

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. The Charity's funds are currently kept on deposit to be readily available at short notice.

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

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 2023 total reserves were £405,175 (31 May 2022 £436,746) 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 2023 Gift Aid tax repayments of £4,782 (31 May 2022 £6,395) 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

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.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr P V Bernardi

Mr C Brady Mr N T Davenport (Resigned 18 September 2023) Mr J Gallimore Mrs A S Procter-Leese Mr M Smith (Resigned 12 September 2022) Mr M J Davies Mr P E Owen (Resigned 12 September 2022) Mr M T Somers (Resigned 12 September 2022) Mr A L Jones Miss C A Lowe Mr J A Ball (Appointed 7 January 2023) Dr J S Lea (Appointed 12 September 2022) Mr A D Bygrave (Appointed 18 September 2023) Mr W R Gear (Appointed 12 September 2022) Mrs S H Hennam-Dale (Appointed 12 September 2022)

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

Recruitment and appointment of 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.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

The trustees' report was approved by the Board of Trustees.

..............................

Mr P V Bernardi Trustee

Date: .............................................

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF CONGLETON RUGBY UNION FOOTBALL CLUB LTD

I report to the trustees on my examination of the financial statements of Congleton Rugby Union Football Club Ltd (the charity) for the year ended 31 May 2023.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable 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 that in any material respect:

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 financial statements to be reached.

Peter McNulty FCA

Hammond McNulty LLP Bank House Market Square Congleton Cheshire CW12 1ET England

Dated: .........................

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MAY 2023

Unrestricted
Restricted
Restricted
funds
funds
funds
M & J
Special
Interest
general
2023
2023
2023
Notes
£
£
£
Income from:
Donations and legacies
3
39,600
-
-
Charitable activities
4
13,181
-
-
Other trading activities
5
2,000
-
-
Investments
6
1,436
-
-
Total income
56,217
-
-
Expenditure on:
Raising funds
7
36
-
-
Charitable activities
8
43,747
42,764
402
Other expenditure
12
839
-
-
Total expenditure
44,622
42,764
402
Net income/(expenditure)
11,595
(42,764)
(402)
Transfers between funds
(5,000)
5,000
-
Net movement in funds
6,595
(37,764)
(402)
Reconciliation of funds:
Fund balances at 1 June 2022
300,267
134,873
1,606		 Total
Unrestricted
Restricted
Restricted
funds
funds
funds
M & J
Special
Interest
general
2023
2022
2022
2022
£
£
£
£
39,600
35,557
(5,000)
10,250
13,181
25,561
-
-
2,000
2,000
-
-
1,436
793
-
-
56,217
63,911
(5,000)
10,250
36
-
-
-
86,913
42,032
34,982
79,644
839
867
-
-
87,788
42,899
34,982
79,644
(31,571)
21,012
(39,982)
(69,394)
-
(72,691)
5,833
66,858
(31,571)
(51,679)
(34,149)
(2,536)
436,746
351,946
169,022
4,142		 Total
2022
£
40,807
25,561
2,000
793
69,161
-
156,658
867
157,525
(88,364)
-
(88,364)
525,110

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MAY 2023

Unrestricted Restricted Restricted Total Unrestricted Restricted Restricted Total
funds funds funds funds funds funds
M & J general M & J general
Special Special
Interest Interest
2023 2023 2023 2023 2022 2022 2022 2022
Notes £ £ £ £ £ £ £ £
Fund balances at 31 May 2023 306,862 97,109 1,204 405,175 300,267 134,873 1,606 436,746

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

BALANCE SHEET

AS AT 31 MAY 2023

Notes
Fixed assets
Tangible assets
14
Investments
15
Current assets
Debtors
16
Cash at bank and in hand
Creditors: amounts falling due within one
year
17
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds - general
18
Restricted income funds - M & J Special Interest
19
Unrestricted funds		 2023
£
15,728
225,265
240,993
93		 £
164,175
100
164,275
240,900
405,175
1,204
97,109
306,862
405,175		 2022
£
18,343
251,959
270,302
967		 £
167,311
100
167,411
269,335
436,746
1,606
134,873
300,267
436,746

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 May 2023.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on .........................

..............................

Mr P V Bernardi Trustee

Company registration number 08510437 (England and Wales)

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

1 Accounting policies

Charity information

Congleton Rugby Union Football Club Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is Bank House, Market Square, Congleton, Cheshire, CW12 1ET, England.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings Not depreciated
Fixtures and fittings 25% reducing balance
Computers 33% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

A subsidiary is an entity controlled by the charity. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.8 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

1 Accounting policies

(Continued)

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

3 Income from donations and legacies

Unrestricted
Restricted
Restricted
funds
funds
funds
M & J
Special
Interest
general
2023
2023
2023
£
£
£
Donations and gifts
16,635
-
-
Grants
2,650
-
-
Membership fees
20,315
-
-
39,600
-
-
Donations and gifts
Donations
2,994
-
-
Gift Aid
4,782
-
-
Sponsorships
2,555
-
-
Grizzly Profits
6,304
-
-
16,635
-
-		 Total
Unrestricted
Restricted
Restricted
funds
funds
funds
M & J
Special
Interest
general
2023
2022
2022
2022
£
£
£
£
16,635
17,401
(5,000)
250
2,650
-
-
10,000
20,315
18,156
-
-
39,600
35,557
(5,000)
10,250
2,994
1,156
-
250
4,782
11,395
(5,000)
-
2,555
3,339
-
-
6,304
1,511
-
-
16,635
17,401
(5,000)
250		 Total
2022
£
12,651
10,000
18,156
40,807
1,406
6,395
3,339
1,511
12,651

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

Income from donations and legacies
Unrestricted
Restricted
Restricted
funds
funds
funds
M & J
Special
Interest
general
2023
2023
2023
£
£
£
Grants receivable for core activities
Cheshire RFU
400
-
-
Congleton 4 Congleton
2,000
-
-
Congleton Inclosure Trust
-
-
-
Congleton Young People's Trust
250
-
-
2,650
-
-		 Total
Unrestricted
Restricted
Restricted
Total
funds
funds
funds
M & J
Special
Interest
general
2023
2022
2022
2022
2022
£
£
£
£
£
(Continued)
400
-
-
-
-
2,000
-
-
-
-
-
-
-
10,000
10,000
250
-
-
-
-
2,650
-
-
10,000
10,000		 Total
Unrestricted
Restricted
Restricted
Total
funds
funds
funds
M & J
Special
Interest
general
2023
2022
2022
2022
2022
£
£
£
£
£
(Continued)
400
-
-
-
-
2,000
-
-
-
-
-
-
-
10,000
10,000
250
-
-
-
-
2,650
-
-
10,000
10,000
10,000

3 Income from donations and legacies

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

4 Income from charitable activities

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Match and training fees
Sale of goods 2,692 2,479
Other income 2,527 506
200+ club income
Raffle income 7,962 8,326
International ticket sales
Sale of goods - 1,032
Bar sales
Sale of goods - 13,218
13,181 25,561
5 Income from other trading activities
Unrestricted Unrestricted
funds funds
2023 2022
£ £
Letting and licensing arrangements 2,000 2,000
6 Income from investments
Unrestricted Unrestricted
funds funds
2023 2022
£ £
Interest receivable 1,436 793
7 Expenditure on raising funds
Unrestricted Unrestricted
funds funds
2023 2022
£ £
Fundraising and publicity
Other fundraising costs 36 -

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

8 Expenditure on charitable activities

Match and
training costs
200+ club
prizes
Functions
2023
2023
2023
£
£
£
Direct costs
Staff costs
34,309
-
-
Depreciation and impairment
3,136
-
-
General purchases
13,766
5,279
510
Rates & water
285
-
-
Insurance
2,254
-
-
Light & heat
5,378
-
-
Telephone
469
-
-
Advertising
-
-
-
Cleaning & laundry
2,467
-
-
Repairs & renewals
3,682
-
-
Subscriptions & licence fees
606
-
-
Donations
42
-
-
Motor expenses
6,953
-
-
Post & stationery
9
-
-
Sundries
4,957
-
-
78,313
5,279
510
Share of support and governance costs (see note 9)
Governance
2,811
-
-
81,124
5,279
510
Analysis by fund
Unrestricted funds
37,958
5,279
510		 Total
Match and
training costs
200+ club
prizes
International
ticket
purchases
Bar
purchases
2023
2022
2022
2022
2022
£
£
£
£
£
34,309
29,574
-
-
-
3,136
4,128
-
-
-
19,555
8,235
2,400
2,670
7,805
285
168
-
-
-
2,254
1,943
-
-
-
5,378
1,838
-
-
-
469
718
-
-
-
-
32
-
-
-
2,467
1,309
-
-
-
3,682
83,265
-
-
-
606
650
-
-
-
42
115
-
-
-
6,953
3,789
-
-
-
9
53
-
-
-
4,957
5,649
-
-
-
84,102
141,466
2,400
2,670
7,805
2,811
2,317
-
-
-
86,913
143,783
2,400
2,670
7,805
43,747
29,157
2,400
2,670
7,805		 Total
2022
£
29,574
4,128
21,110
168
1,943
1,838
718
32
1,309
83,265
650
115
3,789
53
5,649
154,341
2,317
156,658
42,032

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

8 Expenditure on charitable activities

Expenditure on charitable activities
Restricted funds - M & J Special Interest
Restricted funds - general		 42,764
402
81,124		 -
-
5,279		 -
-
510		 42,764
402
86,913		 34,982
79,644
143,783		 -
-
2,400		 -
-
2,670		 (Continued)
-
34,982
-
79,644
7,805
156,658		 (Continued)
-
34,982
-
79,644
7,805
156,658
156,658

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

9 Support costs allocated to activities

Governance costs
Analysed between:
Match and training costs		 2023
£
2,811
2,811		 2022
£
2,317
2,317

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

11 Employees

The average monthly number of employees during the year was:

2023 2022
Number Number
Coaching staff 3 2
Employment costs 2023 2022
£ £
Wages and salaries 33,792 29,242
Other pension costs 517 332
34,309 29,574

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

12 Other expenditure

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Financing costs 839 867
839 867

13 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

14
Tangible fixed assets
Freehold land
and buildings
Fixtures and
fittings
Computers
£
£
£
Cost
At 1 June 2022
150,000
51,697
3,316
At 31 May 2023
150,000
51,697
3,316
Depreciation and impairment
At 1 June 2022
-
36,318
1,384
Depreciation charged in the year
-
2,499
637
At 31 May 2023
-
38,817
2,021
Carrying amount
At 31 May 2023
150,000
12,880
1,295
At 31 May 2022
150,000
15,379
1,932		 Total
£
205,013
205,013
37,702
3,136
40,838
164,175
167,311

The carrying value of land included in land and buildings comprises:

2023 2022
£ £
Freehold 60,129 60,129
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.
Fixed asset investments
Other
investments
Cost or valuation
At 1 June 2022 & 31 May 2023 100
Carrying amount
At 31 May 2023 100
At 31 May 2022 100
2023 2022
Other investments comprise: Notes £ £
Investments in subsidiaries 23 100 100

15 Fixed asset investments

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

16
Debtors
Amounts falling due within one year:
Amounts owed by fellow group undertakings
17
Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income		 2023
£
15,728
2023
£
(2,482)
(35)
2,250
360
93		 2022
£
18,343
2022
£
5
(23)
624
361
967

18 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 June 2022 Incoming Resources TransfersAt 31 May 2023 TransfersAt 31 May 2023
resources expended
£ £ £ £ £
Making club house safer project 1,606 - (402) - 1,204
Previous year: At 1 June 2021 Incoming Resources TransfersAt 31 May 2022
resources expended
£ £ £ £ £
Making club house safer project 2,142 - (536) - 1,606
Club House repair 2,000 10,250 (79,108) 66,858 -
4,142 10,250 (79,644) 66,858 1,606

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

19 Restricted funds - M & J Special Interest

These are restricted funds which are material to the charity's activities.

At 1 June 2022 Incoming Resources TransfersAt 31 May 2023 TransfersAt 31 May 2023
resources expended
£ £ £ £ £
M & J Special Interest 134,873 - (42,764) 5,000 97,109
Previous year: At 1 June 2021 Incoming Resources TransfersAt 31 May 2022
resources expended
£ £ £ £ £
M & J Special Interest 169,022 (5,000) (34,982) 5,833 134,873

20 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 June 2022 Incoming Resources TransfersAt 31 May 2023 TransfersAt 31 May 2023
resources expended
£ £ £ £ £
200+ Club 5,508 - - - 5,508
General funds 294,759 56,217 (44,622) (5,000) 301,354
300,267 56,217 (44,622) (5,000) 306,862
Previous year: At 1 June 2021 Incoming Resources TransfersAt 31 May 2022
resources expended
£ £ £ £ £
200+ Club 28,582 8,326 (2,400) (29,000) 5,508
General funds 323,364 55,585 (40,499) (43,691) 294,759
351,946 63,911 (42,899) (72,691) 300,267

CONGLETON RUGBY UNION FOOTBALL CLUB LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

21 Analysis of net assets between funds

Unrestricted
Restricted
Restricted
funds
funds
funds
M & J Special
Interest
general
2023
2023
2023
£
£
£
Fund balances at 31 May 2023 are represented by:
Tangible assets
162,971
-
1,204
Investments
100
-
-
Current assets/(liabilities)
143,791
97,109
-
306,862
97,109
1,204
Unrestricted
Restricted
Restricted
funds
funds
funds
M & J Special
Interest
general
2022
2022
2022
£
£
£
Fund balances at 31 May 2022 are represented by:
Tangible assets
165,705
-
1,606
Investments
100
-
-
Current assets/(liabilities)
134,462
134,873
-
300,267
134,873
1,606		 Total
2023
£
164,175
100
240,900
405,175
Total
2022
£
167,311
100
269,335
436,746

22 Related party transactions

There were no disclosable related party transactions during the year (2022 - none).

23 Subsidiaries

These financial statements are separate charity financial statements for If You're Gonna Be A Bear Be A Grizzly Ltd.

Details of the charity's subsidiaries at 31 May 2023 are as follows:

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:

Name of undertaking Registered Nature of business Class of % Held
office shares held Direct Indirect
If You're Gonna Be A Bear Be England & Wales Bar 100 Ordinary 100.00
A Grizzly Shares