Charity registration UMber 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 2024
CONGLETON RUGBY UNION FOOTBALL CLUB LTD LEGALAND 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 MrJABall DrJSLea Mr A D Bygrave MrWRGear Mrs S H Hennam-Dale (Appoint¢d 12 August 2023) SecretAry Mr P V Bernardi Charity nutnber 1155987 c.ompany number 08510437 Principal address 78 Park Street Conglelon Cheshire England CW12 IF.G Registered olee Bank House Market Square Congleton Cheshire United t(ingdom CW12 IET Independent examiner Peter McNulty FCA FCCA Hammond McNulty LLP Bank House Market Square Congleton Cheshire England CW12 IET
CONGLETON RUGBY UNION FOOTBALL CLUB LTD CONTENTS P8ge Trustees, report Independent examinels report Sthtement of financial activities Balance sheet Notes to the financial stalemcnts 8-20
CONGLETON RUGBY UNION FOOTBALL CLUB LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MA Y2024 The triistees present their annual report and finaneial slxtemettts for the year elided 31 May 2024. The financial statements have been prepared in accordance with the ac¢ouiiting policies set OLIt in note I to the financial statements and comply with the charity's articles of associalioii, the Coinp&nies Act 2006 and 'Accounting aiid Reporting by Ch<?rities: Sialement of Recominended Practice applicable to ¢hai'ities preparing their accoLinls in accordaiice with the Finaiicial Reporting Standard <qpplicable in the UK and Repiiblic of Irelattd (FRS 1021" leffeclive l January 2019). Objeetives And aetivities To promote community participalion in healthy recreation by providing facilities for playing riigby union football laiid other sports) {'facilities' means land. bliildings, e£iuipinent and organising sporting activilies}' 'ro provide and assist in providiiig facilities for sport, recvealion or other leisiire tiine OCCLipalion of such pLrsons who have need for siich facilities by reason of their youth. age. infirmity or disablement, poverty or social and eeoiiomic Lifclsmstances or lor the publiL at large in thL inlerLSts of SULial wclfare and wilh the objecl of iinproving their conditions uf life. to advance the Lducdtion of LhildrLn <ind young people through SLiclI mean as the directors think fit in dLLordiinLt with the law olcharity. The policies adopted in furtherance of these object.s are to provide a sstfe and welcoming environment tor all lo enjoy playing and participatinby in sport (in particular rugby iinion fuotball) and there has been no ¢h1c nge in these during the year. The trustees have paid diie regard lo guidance issiied by the Charity Commission in dcciding what activities the charity should L¢nderlake. Public ben¥fil The trustees have paid due regard lo guidance issucd by thc Charity Commission in deciding what activities the charity sholild undertake. Achievements And performxnee .Significanl aclivilies and achievemen15 again51 objeclives During the 2023124 seasoii. Congleton Rugby Union Football Club enjoyed something of a resurgence iii fortunes on and off the pitch. most notably with.. a reinvigorated and burgeoning Minis & JLiniors section. It has been great to .see the numbcrs growing, along with an incrcasc in thc numbers of commitled and diligent coaching staff, all wrappcd up within a great Sunday morning product that sees players and parents alike keen to take part. Cjreat credit is due to Simon Jones, overall Direclor of the M&J Section. For the senior section, the Club continued to field two full teams,(Ihough resources were thinly stretched at times) who acqiiitted themselves well over the coursc of the season. The bar i.s another notable succcss this ycar. With a new licensee in place and a growing number of willing volunteers. the liibhouse has b¢¢n abl¢ to Icverage its new status as a public {rather ihan members onlyl bar. Although prices were moderately incrcased dliring the season (lo offset the nationwide trend of rising costs). this appeared to have little impact in takings. In fact, with effective marketing of both the World Cup and the Six Nations, Tournaments, the bar enjoyed one of its most successful years. And how brilliant to see the club house full to the rafters with members of the public and club for many of those great games. The focus for the club going into tFt¢ 2024125 season will be.. Driving recruitment in the senior section (whilst continuing lo build on the M&J foiindalions); with so many new houses in town, there must be an untapped pool of talenl ready lo be fished Completing phase 3 of the Club's redevelopment (the area between the Cliibhouse and the changing riK)ms), with refreshed aiid improved toilet facilities a priority Continuing lo mature the club's 5tral¢gy to become the best little rugby club in our area and taking a more active and visible role in the community. Financial review Reserves policy The reserves policy of the charity is to maintain iinrestricled free funds of the charity, al a SLifficienl level which enables the charity to be able to operate. The Chai'ity's fiinds are elirrently kept 011 deposit to be readily available al short iioti¢e.
CONGLETON RUGBY UNION FOOTBALL CLUB LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 Dliring the year under review the Cliib has principally been funded by grants, donations, membership subscriptions and Gift Aid tax repayment claims. The Club cotttinues lo beiiefit fi'on) ils charity staliis with an extension to tlie previoiis 3 year doiialioii lo fund tlie recruitment and employinenl of a Miiii & Jui)ior Director. The extension provides additional fuiiding to eiiable Ihe I'ecruitiiient and employinent of a club-wide DireLtor of Rligby. Based on current expectations, sufficient funding is in place to finance both positions for the next 3 years. Following the successfLII conversion of the Club into a Charity in 2014, the Iriislees have eoi)tinuttl to benefit from Gift Aid i&x relief. DLiring the LurrLnl pLriod lo May 2024 G ift Aid lax repayiiients of £1.208 131 May 2023 £4.7821 were received by the Charity. The Financial reslilts for the year al'e shown in the slateinent of financial activities on pages 5 10 20. As at 31 May 2024 total cash reserves were £181.952 131 May 2023 £225,154) ThL TrustCL5 will Lontinue lo Inonilor the reserves held by the eharity- The reserves (currently held in the United Trust Bank) are held primarily for the refurbishinent of the loilet block and oiitside rea- known as the Phase 3 pi'oject . It is estimated that the cost of this woiild be in the region of£50.000. 1.here are oihcr prujLLts under planning, siich as the repair of the external walls of the building. Any tunds left over from this arL for LuntingenLy events. Restrieted Restricted funds are for Club devclopmcnt and Inaintenance comprising=_ ecial Irkterest A three yLar donation agreement secured by the Club in 2019 10 finance the costs of recruitment and employinenl ol-a coach for the Mini and Junior seLtion. Makin club house safer ro ect A Riigby football Foundation capital granl to make our clubhouse safer in 2018. The Club operales a Small Society l.ottery called the 200 Club. All profits raised from this are for Cliib development although these funds are not includcd in these accounts as Restricted flinds. Structure) governance management The charity 15 Controlled by its Articles of Association along with its cliib rules. it constitutes a limited company, liinited by guarantee, as defined by the Companics Act 2006. The formal governing docunient 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 direclors for the purpose of company law, and who served during the year and LIP to the date of signature of the financial slatements were: Mr P V Bernardi Mr C Brady Mr N T Davenport Mr J Gallimore Mrs A S Proct¢r-Leese Mr M J Davies MrA L Jones Miss C A Lowe MrJABall DrJSLea MrA D Bygrave MrWRGear Mrs S H Hennam-Dale (Re5ign¢d 18 September 2023) (Appoinled 12 August 2023)
CONGLETON RUGBY UNION FOOTBALL CLUB LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YE4R ENDED 31 MA Y2024 Recriiiimep71 and appoinlmenl oJii'iislees Trustees are nominated by existing niembers using the forms available on the cllib websile and are elected in the AGM. Vacant positions are advertised on the website, via social media and by word of molith. In accordance with the Articles of Association of Coiigl¢lon RUFC all members of Conglelon CRUFC are Voliiig meiiibers. leMberS have one vote each. Any Voting Member may nominate another member to be a TrLlStee. Iii accordance with Claiise 20 of the Articles of Association, retiring Trustees are eligible for re-election as Triistees. Nor)e of the trustees has any beneficial inlerest in the ¢onipany. All of the Iriistees are nieinbers of the company and guarantee to contribtile £1 in the event of a winding up. The trustees, report was approved by ihe Board of Triistees. Mr P V Bernardi Trustee 2 OLtobcr 2024
CONGLETON RUGBY UNION FOOTBALL CLUB LTD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CONGLETON RUGBY UNION FOOTBALL CLUB LTD I report lo tl)e triistees on my exaininatioi) of the finaiicial statements of Congleton Rufjby Union Football Club Ltd (the cliarity} for the year elided 31 May 2024. Responsibilities and basis of report As the trustees of the charity (and also its directors for the purposes of company law) YOLI are respoiisible for the preparation of the financial statements in accordance with the requirements of lh¢ Coiiipaiiies Act 2006 (the ?006 Act). Having satisfied myself that the finaneiftl statements of the charity are not reqiiired to be aiidited under Part 16 of the 2006 Act and are eligible for independent exxinination, I report in respect of my ex<11nination of the charity's finanLial statements carried out linder section 145 of the ChariliLs Aet 2011 (the 2011 Act). In carryin(p out my examinatiun I have followed all tlie applicable Directions given by thL. Charity Commission linder section 145{5){b) of the 201 l Aet. Independellt examiner's statement I hav< LomplLted my examination. I confirm Ihat no matters have eome to Iny attention in connection with the examination giving me cause lo believe that in any malerial respect.. accoiinting records were not kept in respect of the ¢harity a8 required by section 386 ofthe 2006 Act- or Ihe financial stalements do not accord with those records. or the finncial statements do not comply with the accounting requirL'mLnt5 of seLlion 396 ot- Ihe 2006 Act other than any requirement Ihal the accounts give a true and fair VILW which is nol a matter considered as parl of an independent examination- or the financial staleinents havc tEot beLn prepared in accordance with the methods and prinLiples of the Statement of RLLummended PrdLtiLe for accounling and reporting by charities appliLablc to Lharilies preparing their accounts in accordance with the Financial Reporting Standard appliLablc in thc UK and Kepublic ot- Ireland (FRS 102). I have no concerns and have come across n drawn in this report in order to cnable ther maltcrs in connection with the examination to which attLntion should be nderslandino of the financial statements to bc rcached. Peter McNulty FCA FCCA Hammond McNulty LLP Bank House Market Squar¢ Congl¢¢on Cheshire CW12 IET England Dated: 2 October 2024
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CONGLETON RUGBY UNION FOOTBALL CLUB LTD BALANCE SHEET ASAT31 MA Y2024 2024 2023 Notes Fixed assets Tangible assets Investments 15 16 162,402 100 164,175 100 162,502 164.275 Current Assets Debtors Cash ai bank and in hand 17 14,722 181,952 15,728 225,154 196,674 240,882 Creditors.. amount5 falling due wtthin one ye#r 18 {1,814) (913) Net current Assets 194,860 239,969 Total assets less current liabilities 357,362 404,244 Thc funds of the charity Re5trictcd inLomL funds - general RL5triLtcd inLume funds - M & J Special Interest Unrcstribled fLEnds 20 21 22 903 64,610 291,849 1,204 96.301 306.739 357,362 404,244 The company is enliiled to the exemption from the audit requirement contained in scction 477 of the Companies Act 2006, for the year ended 31 May 2024. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of fsnancixl stalemenls. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with seclion 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 2 October 2024 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 YE4R ENDED 31 MA Y2024 Aecounting policies Charity information Conglelon Rugby Union Football Club Ltd is a private coiiipany liniiled by guai'antee incorporated in England and Wales. The registered o(fice is Bank Hoiise, Market Square. Coiiglelon, Cheshire, CW12 1 ET, United Kingdom. Aecounting Convention The fiiiancial stateiT]eiits have been prepared in a¢¢ordRnce with the charity's Articles of Association. the Companies Act 2006, FRS 102 'The Fiiiancial Reporting Standard applicablL in the UK and RepLiblic of Ireland" I'FRS 102") and the Charities SORP 'Accounling and Reporting by Charities.. StstLmLnt of Recommended Practice applicable to chai'ities preparing Iheir accounts in accordance with the Financial Reporting Siandard applicable in the UK and Repiiblic of Ireland (FRS 102}" (effective l January 2019). The chkrity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in Ihe SORP for charilies not to prepare a Statement of Cash Flows. The financial statements are prepared in sterlin& which is the funLtional currency of the charity. Monetary amounts in these financial statLments are roundLd tu thL neuresl £. The financial statements havL bLcn prcparLd under the historical cost convention, [modified to include the rcvaluatiutt of frLLhold prLTrperties and to incliide investment properties and cerlain tinancial instrumLntS ¢it fair value]. 'I'he principal accounting policies adopted are set out below. 1.2 Going concern AÈ the time of'approving the financial statements, the trustLcs havL a reasonable expectation that the charity has adequate resources to LontinuL in operational existenLe lor the foreseeable future. Thus the trustees contitTrue to adopt the going concern basis of accounting in preparing the tinancial statements. 1.3 Charitable funds Unrestricted fiinds arc available for use al the discretion of the trustees in furtherance of their charitable objcclives. Restricted fuiids are subject to specific condition.8 by donors or grantors as lo how they may be used. The purposes and uses of the restricled tunds are set out in the notes to the financial slatcmenls. Endowment funds are subject lo specific conditions by donors that the capital must be maintain¢d by the charity- 1.4 Ineome Incom¢ is r¢cognised when the charity is legally entitled to it after any performance coiiditions 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 donation5 are recogni5ed once the charity has been notified of the donation. unless performance conditions require deferral of the amount. Income lax recoverable in relation to donations received Linder Gift Aid or deed5 of covenant is recognised ai the time of the donation. Legacies are recognised on receipt or othenYi5e 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 IYOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 Accounting polieies (Contittued) 1.5 Expenditure Expenditure is recognised once there is a le(val or constniclive obligation lo transfer ecoi)oniic benefit to a third party, il is probable that a transfer of ecoiiomic benefits will be required in settleinent, and the aniount of Ihe obligation can be mLasLired reliably. Expenditure is clRssified by activity. The costs of eaeh aetivity are made up ot the total of direct costs and shared costs. including support costs involved iii undertaking each activity- Direct costs attributable to a single activity are allocated directly Éo that activity. Shared Costs which LunlribLlte lo more than one activity and support costs which are not altribulable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are alloeated on the basis of lime spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Tangible fixed assets Tangible tixed assets are initially mea5LirLd at cost and subsequently measured at cost or valiiation, net of. depreciation and any impairment losses. Depreciation is recot)nised so as to write off the cost or valuation of assets less iheir residual valuc5 over their useful lives on the tollowing bases= Freehold land and buildings Fixturcs and fittin¥5 Computcr5 Not depreciated 250/0 reducing balanLe 330/0 reducing balanLe The gaiii or loss arising on thL disposal of an asset is determined as the diffLrcnce between the sale proceeds and the carrying valiiL of the asset, and is recognised in the statement of finanLial activities. 1.7 Tr'ixed asset investments Fixed asset investments are initially ineasurcd at transaclion price excluding transaction Losts, and are subsequently me&sured at fair value at cach reporting dale. Changes in fair value are r¢¢ognised in net incomel(expenditure) for th year. Transaction Losts are expensed as incurred. A subsidiftry 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 activilies. 1.8 1mpJirment of fixed 85sets At each reporting end date. the charity reviews the carying amounts of ils tangible assets lo determine whether there is any indication that those asS¢ts have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to deterniine the extent of the iinpairment loss (if any). 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held al call with banks, other short-tem liquid investments witli original maturilie5 of three months or less, and bank overdrafts. Bank overdrafts are shown within ix)rrowing5 in current liabilities.
CONGLETON RUGBY UNION FOOTBALL CLUB LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YE4R ENDED 31 MA Y2024 Accounting policies (Continued) 1.10 Financial instruments The charity has elected to apply the provisions of Section I I 'Basic Finaiicial Inslrumet)Is' and Section 12 '0tFker Finai)cial Inslruments Issues, of FRS 102 to all of its financial instrltinents. Financial instruments are re¢ognised in the cl)ai'ity's balance sheet when the charity becomes party to the ¢oiitraclual provisions of the instriinient. Financial assets and liabilities are offset, with the net aiiiounts presented in the financial statemenls. when there is a legally enforceable right to set off the recognised amolints and there is an inter]tior) to settle oli a nel basis or lo realise the asset and settle the liability simultaneously. Basicfinancial a&sels Basic tinancial assels, whi¢li include debtors and eash and bank balances, are initially measured al transaction price inclliding transaction costs and are subsequently carriLd at amorlised cost using the effective interest method iinless the atTangcment LonslilutC5 d fiiianLing trdn5aclion, where the transaction is measured at tlie present value of IhL futiirc receipts discounted al a markel rale of interest. Financial assets classitied as receivable within unc yLar are not amortised. Busiefinaneiul littbilities Basic financial liabilities. including Creditors and bank loans ic re initially reLogniscd dt transdclion price unless the arrangemenl constitutes a tincincing transaction, where the dcbt instrumLnl is measured al the present value of- the tuture payments discoiinted al a market rale of interest. Financial liabilities classified as payable within one year are not amortised. Debi instruments are subsequently carried at ainortised cost, using the cffeLlive interest rate method. Trade creditors are obligalions to pay for goods or services that have been acqliired in thc ordinary Lourse of operations from suppliers. Amounts payable are classified as current liabilities if pdymLnt is due within one year or less. If not. Éhey are presented as non-currcnt liabilitics. Tradc crcditors are recognised initially at transaction price and .subsequenily measurcd at amortised cost using the effective interest method. Dereeognilion offinonciftl liabilities Financial lixbililies are derecognised when the charity's contractiial obligations expire oi. are discharged or cancelled. 1.11 Employee benefits The cost of any iinissed 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 ¢ommitted lo terminate the employment of an employee or to provide termination benefits. 1.12 Retirement benefits Paynienls to defined contribution retirement benefit schemes are charged as an expense as they fall due. CrttÉcal accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to mhke judgements, estimates and assumptions aboul the carrying amount of assets and liabilities that are not readily apparent from other sources. Th¢ estimates and associal¢d assuinplions are based on historical experience and other factors that are nSIdered to be relevant. Actual results may differ from these estimates. The estimates and underlying assiimptions are reviewed on an oiigoing basis. Revisions lo accounting estimales are recognised in the period in which the estimate is revised wliere the revision affects only that period, or itTr the period of the revision and future periods where the revision affecls boih currenl and future periods. 10-
CONGLETON RUGBY UNION FOOTBALL CLUB LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YE4R ENDED 31 MA Y2024 Intome from donAtion$ #nd legaeies Unrestricted funds 2024 Unrestricted funds 2023 Donations and gifts Grants Membership fees 27,220 1,000 14,281 16,635 2,650 20,315 42,501 39,600 Donation5 and gifts Donations GiftAid Sponsorships Grizzly Profits 6,065 1.208 6.715 13.232 2,994 4,782 2,555 6,304 27.220 16,635 Grants Cheshire RFU Congleton 4 Conglcton Conglcton Young Pcoplc's Trust Tesco Community Grant5 400 2,000 250 1,000 ,000 2,650 Income from eharitable activities Unrestricted funds 2024 Unrestricted funds 2023 Match and training fees Sale of goods Other income 2,281 2,609 2,692 2,527 200+ club income Raffle income 7.844 7,962 12,734 13,181 11
CONGLETON RUGBY UNION FOOTBALL CLUB LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 31 MA Y2024 Ineome from other trAding activities Unrestricted Unrestricted funds funds 2024 2023 LetlirEg and licensing arrangements 2,000 2,000 Income from investments Unrestricted funds Restricted funds M&J Special Interest 2024 Total Unrestricted funds Restricted funds M&J Speeial Interest 2023 Total 2024 2024 2023 2023 Interest reccivdblc 3,385 4,002 7,387 1.4_36 1.436 Expenditure on raising funds Unrestricted Unrestrieted funds funds 2024 2023 Fundraising and publicity Other fundraising costs 36 12
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CONGLETON RUGBY UNION FOOTBALL CLUB LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 Support costs alloeated to activities 2024 2023 Governance costs 5,044 2,811 Analysed between: Match and training costs 5,044 2,811 2024 2023 GovernAnee costs comprise: Audit fees Legal and professional 3,124 1,920 2,750 61 5,044 2,811 10 Net movemellt in funds 2024 2023 The net movement in funds is staled after chargin{creditIng)'. Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 3,124 2.562 2.750 3,136 li Tru5te¢s None of thc trustee5 (or any p¢rsons Gonnected with them) received any remuneration or benefits from the charity during the year. 12 Employees The average monthly nuinber of employees during the year was: 2Q24 Number 2023 Number Coaching staff Bar Staff Total Employment costs 2024 2023 Wages and salaries Other pension costs 35,725 614 33,792 517 36,339 34.309 15-
CONGLETON RUGBY UNION FOOTBALL CLUB LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 12 Employees (Continued) There were no employees whose annual remuneration was more ihan £60,000. 13 Other expenditure Unrestricted Unrestricted funds 2023 2024 Financing costs 1.258 839 14 Taxation The charity is exempl from taxation on its activities becaiise all its inLUtnc Is applied for charitable purposes. 15 Tangible fixed assets FrcLhuld land d buildiNgs Fixtures and rittlg$ c.omputers Total Cost At l June 2023 Additions 150,000 51,697 789 3,316 205,013 789 At 31 May 2024 150,000 52.486 3.316 205.802 DeprecÉ8tion 8nd impairment Al l June 2023 Depr¢Giation charged in the year 38,817 2,239 2,021 323 40,838 2.562 At 31 May 2024 41,056 2,344 43.400 Carrying amount At 31 May 2024 150,000 11,430 972 162,402 At 31 May 2023 150,000 12,880 1,295 164,175 The carrying value of land included in land and buildings comprises: 2024 2023 Freehold 60,129 60,129 The property owned in Park Street Congleton shown under Freehold Land aiid Buildings were revalued on 22 April 2014 al £1 50,000 by independent chartered siirveyors Timothy A Brown Congleton. 16-
CONGLETON RUGBY UNION FOOTBALL CLUB LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 16 Fixed asset investments Other investments Cosl or v2lu4tion At l June 2023 & 31 May 2024 100 Carrying amount At 31 May 2024 100 At 31 May 2023 100 2024 2023 Other investments comprise- Notes Investtncnts in subsidiaries 25 100 100 17 Debtors 2024 2023 Amount5 falling due within one year: Amounts owed by lellow groLlP undertakings 14,722 15,728 18 Creditors: amounts falling due within one year 2024 2023 Other taxation and social security Trade creditors Other creditors Accruals and defcrred income 35 76 275 461 1,078 361 1,814 913 19 Retirement ben¢fit $¢hemes 2024 2023 D¢fin¢d contribution schemes CFt4rge to profit or Ios5 in respect of defined ¢ontribulion schemes 614 517 The charity operates a defined conlribiition pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity iii an independently administered fund. 17-
CONGLETON RUGBY UNION FOOTBALL CLUB LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 20 Restricted funds The reslricled funds of the Charity comprise the unexpet)ded balaiices of. donalions and grants held on trust subject to specific conditions by donors as to how they may be used. At l June 2023 Re$oureesAt 31 May 2024 expended Making club house safer project 1,204 (301) 903 Previous yegr: At l June 2022 Resources At 31 May 2023 expended Making club house safer project ,606 1402) 1.204 21 Restricted funds - M & J Special Interest l-hese arc restricted funds which are material to the charity's activities. At l June 2023 Incoming resources Resources expended Transfers At 31 May 2024 M & J Special Interest 96,301 4,002 (42,856) 7,163 64.610 Previous year: At l June 2022 Ineoming resources Resources expended lTransfers AÉ 31 May 2023 M & J Special Interest 134,873 {43.572} 5,000 96.301 22 Unrestricted funds The unreslricted funds of the charity comprise the unexpended balances of donations and grants which are not subject lo specific Conditions by donors and grantors as lo how they may be Lised. These include designated funds which have been sel aside out of unrestricted funds by the trustees for specific purposes. At l June 2023 Incoming resources Resour¢e5 expended TransfersAt 31 May 2024 200+ Club General funds 10,945 295,794 7,844 52,776 (2,750) (65,597) { i 0.000) 2,837 6,039 285,810 306,739 60,620 (68,347) {7,163) 291,849 18-
CONGLETON RUGBY UNION FOOTBALL CLUB LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 22 Unrestricted funds (Continued) Previous yexr: At l June 2022 Incoming resources Resourees expende(I Trnnsfers At 31 May 2023 200+ Club General funds 5,508 294,759 7.962 48,255 {2,5251 {42,220) 10,945 295,794 (5.000) 300,267 56,217 44,745 15.000) 306,739 23 Analysis of net 4sse¢s between funds Unrestricted funds Restricted funds M & J Speeial Interest 2024 Restrieted funds general Total 2024 2024 2024 At 31 M#y 2024: Tangible assets Investments Current assets/(liabilitics) 161.499 100 130.250 903 162,402 100 64,610 194,860 291.849 64,610 903 357,362 Unrestricted fvnds Restrieted funds M & J Special Interest 2023 Restricted funds general Total 2023 2023 2023 At 31 M8y 2023: Tangible assets Investments Current assetsl(liabilities) 162,971 100 143.668 .204 164,175 100 239.969 96.301 306.739 96,301 1.204 404,244 24 Related party transactions Th¢r¢ were no disclosable related party transactions during the year (2023 - none). 19
CONGLETON RUGBY UNION FOOTBALL CLUB LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YE4R ENDED 31 MA Y2024 25 Subsidiaries These finaneial statemeiits are sepai'ate charity finaiicial statements for If You're Gonna Be A Bear Be A Grizzly Ltd. Delails of the charity's subsidiaries at 31 laY 2024 are as follows: The charity's wholly owned subsidiary If You're Goniia Be A Bear Be A Grizzly Limited was formed in 2021 lo operate the bar in Park Street Congleton. If You're Gonna Be A BLar Be A Cjrizzly Liiiiited has a licence from the eharity to operate these lacilities and pays all of its profits to the charity by gift aid. The charity owns the entire share capital of 100 Ordiiiary £ I shares A Suininary of the tnding resLilis are shown bLIow'. Name of undertaking Registered olee Nature of business Class of shares held Direct Indirect If You're Gonna Be A Bear Be England & Wales Bar A GrizLIy 100 Ordinary Shares loo.00 -20-