## **Old Coventrians Rugby Football Club** ## **Period ended 31 July 2025 Report of the Trustees** |Reference and Administrative details|| |---|---| |Charity Name|Old Coventrians Rugby Football Club| |Other name the Charity Uses|Old Covents| |Registered Charity Number|1166051| |Principal Address|OCRFC Club House| ||Tile Hill Lane| ||Coventry| ||CV4 9DE| |Independent examiners|Azets Audit Services| ||3mc Middlemarch Business Park| ||Siskin Drive| ||Coventry| ||CV3 4FJ| |President|G Burgoyne| |Chairman|J Tolley (elected May 23 2025)| |Vice Chair|M Leavers (Appointed June 2024)| |Secretary|J Banks (elected May 2022)| |Treasurer|C Burns (elected May 2022)| |Trustees|G Burgoyne (elected March 2016)| ||P Gill (elected March 2016)| ||C Burns (elected May 2022)| ||J Banks (elected May 2022)| ||R Clarke (elected August 2019)| ||P Owen (elected March 2016)| ||N Farrimond (elected Sept 2022)| ||J Diston (elected June 2024)| ||M Leavers (appointed June 2024| ||T Johnson (appointed July 2024)| ||B Fletcher (appointed May 2025)| ||J Manning (appointed July 2025)| |Charity’s Bankers|Barclays Bank PLC| ||25 High Street| ||Coventry| ||CV1 5RE| 1 ## **Old Coventrians Rugby Football Club** ## **Period ended 31 July 2025** ## **Report of the Trustees** The trustees present their annual report and financial statements for the period ended 31 July 2025. And then 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 Governing Documents, the Charities Act 2011 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)". ## **Charity’s purpose** The Charity’s objects are to promote community participation in healthy recreation by providing facilities for playing amateur rugby union football and other sports in Coventry and Warwickshire (“facilities” means land, buildings, equipment and organisation of sporting activities) In furtherance of the charity’s objects the trustees have set out the following aims in the charity’s rules: - To be a Member of the RFU and to promote the enjoyment of rugby union and such other sports as may be facilitated by the Club - To provide and manage a facility to enable those who enjoy rugby to train, play and spectate at matches and to enjoy community social activities arising - To facilitate and enable those who have not had the opportunity to learn and play the game of rugby, both children and adults, ensuring equality of opportunity and supporting those in less fortunate economic circumstances - To be a ‘Community Club’ which is ‘open to all’ who wish to enjoy rugby and associated community sports and social activities and from those who wish to provide volunteer assistance to promoting the Club’s aims and helping to manage its activities - To develop and maintain good long-term relationships with local schools, colleges and Club’s in order to stimulate and develop the sport of Rugby within the Community - To encourage long term membership and community values - To respond to ad hoc requests and encourage specific funding initiatives to be applied to rugby related charitable and benevolent activities (e.g. supporting players in difficult economic circumstances, long term injuries etc) The Trustees are conscious of the need to manage safeguarding and sustain good practice in this respect 2 ## **Old Coventrians Rugby Football Club** ## **Period ended 31 July 2025** ## **Report of the Trustees** ## **Main activities** Significant activities during the year have been: - Training and playing Rugby Union at senior level and at all mini & junior age groups - Training and playing of Crown Green Bowls - Supporting the training and playing of Flat Green Bowls via Matrix Bowls Club which has a license to use Clubs facilities - Providing subsidised facilities for external rugby organisations to use the club for the development of community rugby, including schools and the RFU. - Working with the RFU and local schools to allow children access to participate in rugby on a more regular basis - Training volunteers in rugby coaching, refereeing, first aid and safeguarding. - Maximising Gift Aid on membership subscriptions ## **Public benefit** The Trustees have had regard to the guidance issued by the Charity Commission on what activities the charity should undertake  3 ## **Old Coventrians Rugby Football Club Period ended 31 July 2025** ## **Report of the Trustees** ## **Grant making policies** The Trustees’ policy is: - To fund and manage directly various future initiatives to achieve its objectives, rather than making major grants to independent bodies. - To make small grants to other charitable organisations promoting rugby on an ad hoc basis - To make small grants to individuals who have suffered disability from playing rugby union football and associated sports ## **Policy on social investment** The Trustees’ policy is: - To invest to promote participation in healthy recreation within the community - To invest in facilities for sport, recreation or other leisure time occupation by 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 interest of social welfare and with the objective of improving their condition of life. - To manage activities so as to keep the costs of participating in the sport of rugby football as low as possible and promote access to the sport - To work with the RFU to develop stronger relationships with local schools and other institutions in furtherance of the charity’s objectives and aims. ## **Contributions made by volunteers** The charity is managed by a Management Committee made up entirely of volunteers, which is further supported by an army of volunteers from across all age groups who support coaching, administration, safeguarding and first aid. The trustees are committed to ensuring that the work of these volunteers is recognised and appreciated by members and others to ensure that they benefit from the experience. 4 ## **Old Coventrians Rugby Football Club** ## **Period ended 31 July 2025** ## **Report of the Trustees** ## **Main Achievements** Rugby development achievements have included: - Successful senior rugby season maintaining their position in Regional 2 Midlands East (South) - Successful programme of training and playing rugby at Junior and Senior level - Specific open days at Junior level to promote the playing of Rugby Union and to recruit new players - Extension of a club initiative to encourage past senior players to restart playing based on touch rugby and an annual past players match - Free public spectator access for games at all levels ## **Organisational and facilities development achievements have included** - Nat West Rugby Task Force events to improve facilities and engage volunteer activity - Investment in Pitch renovation - Internal refurbishments - 5 ## **Old Coventrians Rugby Football Club** ## **Period ended 31 July 2025** ## **Report of the Trustees** ## **Review of the charity’s financial position at the end of the period** The charity’s principal sources of funds are membership subscriptions, ground and clubhouse rentals and donations, including donations from its wholly owned trading subsidiary. The deficit on unrestricted funds during the period to 31 July 2025 was £23,752 Loss (2024 - £31,499 Loss). The Trustees will put a budget plan in place across 20242025 period to ensure that the Club better balance the financial spend of the Club against the revenues received during the period. This budget plan will be reviewed each quarter by the Trustees. There are no restricted funds raised for specific purposes in the current or prior year. Restricted funds are those which have been raised primarily to promote activities such as tours by different player age groups. During the year the charity’s expenditure has been applied fully to support its objectives. ## **Reserves policy** Total funds as at 31 July 2025 were £671,063 (2024 £694,815). The charity effectively operates 3 financial funds: - Fixed Assets Fund - Financial Reserves Fund - Facilities & Rugby Development Fund Fixed Assets Fund as at 31 July 2025 was £526,285 (2024 - £535,791) – This represents the retained reserves which have previously been applied to procure the permanent site and buildings. Financial Reserves General Fund £100,000 (2024 – £100,000). The Trustees have committed to maintaining retained reserves of easily liquidated assets which amount to at least 75% of the previous financial year’s operating costs, in order to mitigate against financial risks. Facilities and Rugby Development Fund was £44,778 (2024 - £59,024). 6 ## **Old Coventrians Rugby Football Club Period ended 31 July 2025** ## **Report of the Trustees** ## **The charity’s principal sources of funds** Sources of funds are: - Subscription income - Fund raising events - Sponsorships and Donations - Gift Aid from the wholly owned trading subsidiary and others - Site and Clubhouse rentals ## **Investment Policy** The charity’s investment policy is currently to maintain bank and cash balances as liquid assets. ## **Principle risks** The principal risks facing the charity are considered to be: - Litigation arising in respect of an injured member, player or member of the public. Mitigation is by insurance. - Fire or other disaster at site. Mitigation is by insurance - Reputational damage from safeguarding incident – Mitigation is by safeguarding training. - External events beyond the charity’s control which significantly impact on its ability to operate and generate funds and which is not covered by business interruption insurances – eg Pandemic – Mitigation is by cash management and Reserves Policy. The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to these risks and that opportunities to further mitigate through appropriate grant application and award from relevant bodies, including the RFU and HM Government. ## **Structure Governance and Management** The entity is a Charitable Incorporated Organisation (“CIO) governed by a constitution document. Trustees with constitutional offices are elected by members of the club by vote at the AGM, each for a period of 3 years but retiring by staggered rotation. A limited number of additional trustees may be appointed by the elected trustees to assist with the management of the charity and its operations. 7 ## **Old Coventrians Rugby Football Club** ## **Period ended 31 July 2025** ## **Report of the Trustees** ## **Induction and training of trustees** New trustees are familiarised with the governance structure of the charity, the aims and objectives of the charity and the roles undertaken by the trustees, management committee and volunteers. They are given the opportunity to identify any area of activity in which they would like to be involved and if training is required this will be identified and provided by the charity. Trustees are also made aware of their safeguarding and duty of care responsibilities. ## **The charity’s organisational structure** The charity is a charitable incorporated organisation (CIO), governed by its Constitution and is registered with the Charity Commission. The trustees are members of the Old Coventrians Rugby Football Club management committee comprising trustees and other appointed members. The charity owns 100% of the issued share capital of OCRFC (Trading) Ltd, a company registered in England and Wales. OCRFC (Trading) Ltd is responsible for undertaking certain commercial activities on behalf of the charity with a view to donating the profits to the charity for the furtherance of its objectives. The charity works with the RFU network on both a formal and informal basis to promote the sport of rugby. ## **Relationship with any related parties** None of the trustees has any beneficial interest in the CIO. All of the trustees are members of the CIO. This report was approved by the Trustees on ………….…….. and signed on their behalf by: ………………………………… Philip Gill 8 Ch•rlty r•glstratlon numb•r 1166051 IENJland and Wales) OLD COVENTRIANS R.F.C ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 OLD COVENTRIANS R.F.C LEGAL AND ADMINISTRATIVE INFORPAATION Tru•t•e• T Johns M J Leavorn J Distr N M F￿lmond CBU J L 88nk8 PGdl G Burwyno PJQ•ffjn J Tdley J J Manr¥ng 8 Fl¢t¢P (Apwnbj 23 May 2025> IAFwnt¢d 7 July 20251 (hwnted 25 May 2025> Sonlor managomont G Burgoyn• TAst M Leav•rs C Bum• Presidont Chairnlon Vbce c￿lf Treaswer Ch•rlty numb•r (England and W4lMI 1166051 Ind•p•nd•nt •xamln•r AzetsAJAIt Sor¥lco8 S*in Driv• Unlled Klngdcfn CV3 4FJ Banknrn Bardays Bank PLC 25 High Slrnot CV15RE OLD COVENTRIANS R.F.C CONTENTS Trustees report Ind8pw￿8nt e￿ine￿8 reFKxt Stalament of finanol othlbes Bal•n¢e Notes to the flnandal #atements 9-19 OLD COVENTRIANS R.F.C TRUSTEES REPORT FOR THE YEAR ENDED 31 JULY2025 The trustees presenither annul rewl and f#)and&l Slatth)*￿ for ts year ended 31 Juty 2025. The ffinanclal statements have been wepwed in a¢xordance with the accounting sel out in note I to the trlnancjal 8tatemenls and compty charit￿5 goveming documgnl. ￿ Charilies Ad 2011. FRS 102 Yhe Inondal ReportirKJ Stsndard applicable in the UK and Republic (I IrelaThl' arKI th8 Charrt*s SORP 'kn￿nting and Reporting by CharitK?s'. Statement of RecommerKled Prackn aFw1ca￿e to charttoes prepartng thelr ac£<>unts In attordance wrth Financial Reportir¥J Stsndard appI￿able in ts UK •TrJ Republic of Irdand IFRS 1021" ObJ•¢tlve8 and actl¥lll•• The ChanV8 ofyeth'v88 we to Pr￿note commur¥ty in rett8th1 ty wvibjlng fadlltlo8 fr playlng 8mateur rugty union fo)tball and other sp￿ts in Coventy •KI Wa￿7(*$h￿0 (ya￿ttle8. means land, Idkngs. equlpment ￿ organtsatson of swts'rvj activiti88) In furth•fOrK• ofth• ¢h•iity'• obi8ct* Ihe Injrtees ha¥• 8•1 out the lolkywiig akns In ￿ ch￿$ rul•s'. . To b8 a Member of RFU and lo the enAoyTnent DI rugby Unl￿ and 8uth otrffi 8POrt8 as may be fadlMal8d by the Club . To provide and manage a faclllty to en8L4e those •nTr)y T￿bY to tr•ln. ￿lY y¢tat• at m*¢h ond lo enjoy community swal adiwli68 arl$lng . To farylitate and ￿•blo thom who h•ve nol had IM oppcrfiunty to leam ￿aY the gamg of rugty, both chiklren and adunF, al opportunty and WPFortiro thoM In b988 ftytunats ecoTh)m clrcum$tanG•$ . To bo a 'C¢>))m￿ty Club, ¥knk*18'0p8n to al, to 8niDy nNby 8nd associth community $port8 and 8OU81 adNitles and from Ihose V•b) *18h to vdurrteer a8wstanc• to p[L￿[￿All the Club'• m8 and helpirKJ to m8nage M8 adlvl¥es To devdop and maintain gcod lon*lem rd8llon8hlp8 lttal SCI￿18. ¢0110908 and Club'8 In order to 811mulate and devebp the of Rugby vAthin th? C(xnmunty . To erKourap lerni memL*r8h* *KI ¢ommunty v•lLo8 . To resp￿j to ad foqwts 8ThJ an(x)urap spo￿ furnjiry nitiabvm to be ¥*pli•d lo ru&ty rdat•d chantstJ8 8rK% bonevol•nt acu¥￿6$ l&.g. wpwUr¥J pla>w8 In dlfficuli aconomk drVJm•tanC￿, long t•m Injwies otc) Tho Tru6tees ore wn8¢AC￿ ol the need to safwJJwdlvvJ arKI sustsln good in ttms rnJp8ct Public benefit The trustees have pahj dug regwd to g￿tsnce Iss￿1 by ￿ Clwity c(￿MIsSion in adivttles t charity should undertake. OLD COVENTRIANS R.F.C TRUSTEES REPORT ICONTINUED FOR THE YEAR ENDED 31 JULY 2025 SrgnifKant activilie8 the year have been: . TfainirKJ and ptayiry RL*y unl￿ at 5enK)r thl WKI at 811 mirl & age wJups Training and ￿aYIng of Crrmty) Green . SupFQfts'ng Ih8 trairing and F4aytry of Flat Greon via Matrix Club tpthich has a lic•n8e lo use Clubs facilitses . Provldlng wbsidlsed fadli1Io8 for ex1emal rLKJty offJAr￿s8tl￿¥ to use ¢lub lor the developrrtht of xnM￿ty n¥by. ir￿dr￿j Str￿18 and RFU. . Ilbrking lhith ￿ RFU arAI local to alltyw ¢hlhJren •xe$8 to path4pate in rugby on a rnore regular basis . TrdnlThJ W)￿nI00￿ In nNby coathnq. referedng. fnt ald and 8a18￿rdty. . Max¥ni8ing GfftAKI on member8hlp 8ub8cn'ptiMs s￿181 inve8lffonl8 Th• Tru8tee8' Fdicy 18.. . To Inve8t to Fwomote partklpakn Sn recreat1￿ ¥*lthln the 0)Mm￿ To invest in f8alitie8 for sport, recfeation or other lei8w8 time £t￿pation ty such p8r¥ons Wt￿ havg no￿1 for such f8cilitses by rea8on oftheir youth. ap, irffffiity or di8abl8ment, povety or and economk drcumstar￿85 or for the publk at IwJo In the IntfAe8t of s(Klal aThJ *4th Iho ot4e(Ilve ol knprovlng thelr condluon ol Ilfe. . To m•nago actNit*i ￿ *• to kety Ihe cc•t8 of in fv •port of nwby foot￿ 08 IN a• p)l￿ble gnd promot• access to the swt . To work I￿1h the RFU to develop slrLvvJer relatvjnslwps *ith locd sch()018 ond other in6thution8 In furth•rwK• ofth• dwiV$ c*'•L*ves and alms. Grant making The Trustees, pJllw Is.. . To fijnd arKI manag8 directy ¥arf￿5 fuknye to 8thlev8 tts ￿ec￿￿e8. rather th￿ mah gran15 10 independent bodig5. . To make 8mall grnnl8 lo other ¢hwltsbl¢ ¢)r9•rMoob(#M [￿M￿1n9 r￿ w on ad hoc ba￿¥ . To make $mall grants to inthvKluah VA￿ hv¢ wffwed di￿lIty frcrfn ￿ayI￿a rugby Unl(￿ football and Volunt86 The charty is managed by a Mar49gemenl Commlttee made L4) entirdy of volLmteers. wfich 18 furth8r 8UpF￿e￿ by an amiy of vdunteers ftom xross all &38 grows who SLPPOrt cOac*￿￿j. administra￿ft, saf8guarthng arKI ffirst ald. The trustee8 are committed to ensuriNJ that the work of these volunteern 18 vBcDJni3ed and appr8ciated by OLD COVENTRIANS R.F.C TRUSTEES REPORT (CONTINUED FOR THE YEAR ENDED 31 JULY2025 Achlfjvements and p•rfornwnc• Signift8nt 8dNIti&S 8nd 8chievenwts a081￿* obigd*ve8 Rugby development ac*levemen18 have ind￿￿.. . suc￿$S1u1 senlor rugby $63$c￿ makntalrAThJ thek posltkn In Cwnlles 1 MI1￿8 (South) . SUcces￿Ul VOgr￿Me of trainYKJ and plawng rugty at Jw*x and SOn￿r kwel . Spedfic opgn days at Juntor lo￿1 to Pr￿K￿0 thirvj of Rugby Unron and to rpuuit now ￿ayerS . Ext8n8ton of a dub inrtiatsve to On[￿ra99 pg¥t 8eni(Y pEayw8 to re*wt pLgyiThJ based ￿ to￿ rugby arKI an annual past players matd) . Froo publt 8P￿t￿ accoss games at 81 lo￿1$ OrganlMtlon•l ind lacllltl•• d•v•lopm•rt •chlw•m•nl• h•v• Includ•d . Nat Ruoby Task FcKc8 evwrt8 to fadlrtkn engww volunteer activty . Inv•th•rt In Prtth r•novati Inl•rnal r•fvrt48hrrwt8 Flninchl r•vl•w polky It 18 the policy of tho charity Ihat unrestricted furth whth have not been desiwated for a ug8 should malrrtalned al a lovel equfvalwt to between three and 8Lx monih's expendllure. The tru8te88 c￿SIder th8t r888Ne8 at th18 levgl wlll ensur9 that. In the gvent of a ￿￿lI￿ant drcs) In funLlrvJ. tlw VAII be a￿e to contlnue the thartty'8 current acti¥￿'e$ wlile con8iderth.on is given to way8 tn additK)nal lundj may b• raimd. This level of re8erva• has been m•irtsined throughout the ye•f. P￿nc￿81 sources SoLrces offvnds are.. . s￿)8￿1p￿.￿ in(%¥n• Fwii r•iJing •v•nts . Sp(Xb80rnhip8 and Donatlon8 . Glft Ald from the *tholy owned tr8dlng sthldlary others srte and Clubhou86 rents1$ Investmenl pdicy The charity's inv8slm8nl polty SB c¥rrty to matntaln bank aThJ (xth b#lanc￿ a$ I￿Ul￿ 8$8ets. Maioriisks The trust8e8 888e88ed the m8Jor risks to (tsrity is expoted. aThJ ar8 sati5fiwJ that 8y8tem8 are kn pla￿ to mrfigate exposure to the maTrJr risk OLD COVENTRIANS R.F.C TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Thg prints￿ risks facing Ihe dwity are oM*Jered to be: . Lltyati'¢Jn ari8tng ￿ re¥F*(I ￿ an ii¥ured mtrnbw. pf8ytr ty memiw of Kthogation 1$ ty insurance. . Flre or othèr dlsaster at slte. MIttgal￿ Is ty #)Bwan . Rewtstw)nal damage 8of¢gu¥dikvJ Mltsgatkn b ty 8afeguwdlry tr8lnlTrJ. . ExtorrAI 8v*nts b6yond th• c*aritl8 control whk* &gnIficA￿Y impxt ¢Jn it• abilty to operate ar gènerate funds wtmch 18 riot covered by tAAn￿• hiterruption eg ParKlemk- Mlllgallon Is by eash management arwj Reserve8 Pollui. Thg Trust￿$ h8ve 088es$8d ￿ Ma￿ ri8k6 to the charity18 eyposed, and aro $8118figd that systems are place lo mitigatè eXr*￿rn to th88e risks and that OPForbJnities to fur1￿1 mits'gale throLsgh apwoyiate grant applleatlon and 8￿rd from relevant bod￿. tho RFU •Thl HM Goveffffiont. Structurni gov•rnanc• and m•n•g•m•nt Tha 8ntlty Is 8 Ch8r#abl• or9￿￿•bon rcio) wv•Thd by a con*Ittrti￿ dowment. The Iru¥t••8 Ytho durlrvJ tho yow and LV to the 8ignabJre ol the fin￿181 8tatthnents wère.. T Johnson M J Leavern J Diston N M F8rfmond C ￿rTh$ JLB￿k$ P Gill G Burgoyne PJOwen J Tdley J J Monning B Fletcher IAppc¥nted 23 May 2025) {Apwanted 7 Juty 2025) {Appc4nted 25 May 2025) Recmftment and 8ppolntment olltvstees Tru8tee8 vMth constitutional office5 we eW8d ty mombws of tho dub by ¥ots at AGM. each br a p￿0￿ of 3 years tArt retiring by 8tagger•d rotabon. A linit•d nurnb¢r of addth•l tru8*￿ m•y b& apwnl8d ty thè 818(*ad trustees to assi81 ￿￿th the managemwrt of the chanty and rts 0￿ratIons. Oryanls8thM81 strnctu The chgrity 1$ • ¢hariWle 1n(xyp￿￿ (cio). governed by Con8thkn 18 reglstered thrfth th Charity CommiMon. Th8 trustee5 are memb8rs ofthe (Id Coventrm Rugty Foolball cl￿ marwernent corrfftittee coMFwi￿ng trustees and other 8ppolnled members. The chartty 1￿% of the Issued shgre Co￿ of OCRFC ITradngl Lttl, a compwry reg￿￿r￿1 In Englarbj Wales. OCRFC ffrwjingl Ltd is rospcwwble for uThJgrtakir¥J cwtain comme￿[81 acbvib88 on of thg chgrity with a view to donating the Proffts lo the charity fry the further￿ of its objethes. The charity the RFU nthlork on both a formal and Infomial basis to pIon￿e the sport of r￿. OLD COVENTRIANS R.F.C TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Indudion and trninnig oftmstees New Irustses ￿ familiaris•J ¥•ith the gmmonce stw(*ur¢ of tIK* c￿rity. the aims and otr4'fAive& ofthe c*arty arKI the roles undertak8n by the trustees, mantyement cc¥nmittee vc4unteers. Try are given the opporbjnrty to idenlify any area of a(*vlty In whlch like lo be invdved ar#J rf trainry Is required this will be identsfied and providad by the tharity. Trustee8 are 0180 m8d8 awsrn of thdr 8af89Lwdlng and duty of re8P(x)6ibllltl68. R8latlonsh* wtth rnlatedpartigs None ol the tru8tea8 has bw*fi¢l•l krtorost CIO. ofth• truBta•8 ¥8 m8mb8r8 of th• CIO. Chartclte Bums Trusts• 17.03.2026 OLD COVENTRIANS R.F.C INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OLD COVENTRIANS R.F.C I report to the tru8tees ￿ my examir￿1￿ ol the fttwd81 statemth of Okl COV￿)tri￿ R.F.C (tr￿ chwityl year ended 31 July 2025. RMponslbllltl•• and ba*ls of roport 3 the Iwstees of th8 charity you we le8￿8￿)1e for the of finwKial 8tatemert8 in accordance with th8 requiremgnts of lh8 Charities Act 2011. I reprAt in r88pect ol my exAnwn•tlon ol tho dwrty's fin¥Ki*l Statem￿ eathed uThler sedlon 14S of Charibes Act 2011. In carryin9 Out my examination I fokn¥ed the fxredknn5 given by thg Charlty Comm1881 under sectlon 145(5)Ib) of the Chari￿8 2011. Ind•p•nd•nt •x•mkn•e• •tstM*nt Your attention Is dravm to tho fxt that th• Ch￿ h88 w0par￿1 staten￿ In •ccordanc• vAth tho r816vant vefdon of the Statemént of A￿)MMer￿led Practicè appleablo to chafrtie$ preparing their fin4nu81 8tatements In aecordanee %Mth the Fnwn¢ial Rewrting Standard in ￿ UK wvj Republic of Irel4TrJ IFRS 102) In preference to thè Ac£ounllry and RW"ng by Charitth.. &atement of Re¢4)mmend8d Practice I￿u•d on 1 April 2005 whith 1$ referred to i) the oxiont r•J1Aati￿¥ but has n(y• wittrKlrawn. l urKlerstarKI that this ha8 b•en dm• in ord•r for the fin•n¢i•l stat•m•nt$ to provide a truo •TrJ fw'r in accorda￿9 V•ith UK Gen8ralty Acc8pl8d Accounting Pract￿. I hav8 c N•t currnnt aM•ts 157.277 171.523 Tol•l u••t• l•u ¢urr•nt Il•bllltl•• 683,583 707,315 Crndltor•: amounts f•lllng du• •ft•r mor• than on• y•ar 17 {12.sfKII {12.5001 N•1 aM•ts 671,063 694,815 Tho funds of the Gharlty Unrn8tiid*J l￿d# 671,lJ33 894,815 871,1￿3 894,815 Th8 fmncad 8tatements vnre apwoved ty the InMie88 on 17.03.2026 C 8¥lnS Trus*• OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2025 A¢Gounting polic1•• c￿rtty Inforniatlon Thg charty is 4 tharitable iT￿rated tryanisalTh (CIO>. tr￿crfp￿81ed wrthln England and Wakns. Trustees of Ihe CIO have limrted lia￿"lty ststus. The regl8l¢red offlco is OCRFC Clul)hw. Til• Hll Lane. CO￿nty. Ur￿led lQrgdom, CV4 9DE. 1.1 Accountlng conv•ntlon The finonGi•l slatemerrt¥ ￿¥0 boon ww8r¢d kn ￿y￿nCe wlth the ¢harlty'$ goveming dcumenl, Ihe charl￿9$ Act 2011. FRS 102 Tr Fina￿81 Repxtin9 Standard apFAicable in th8 UK and Républic of Ireland" thé Charltlés SORP -h£cwnUng and Reporb'n9 ty Charities. Statement of Recommended Pracb applicab￿ to charilw prepafing thdr ar￿jnts In XcxKd8r￿ wlth the FIn￿d81 ReFQrting Standwd 8pplie4ble In Ihe UK arKI Republlc ol IreLqTh1 {FRS 1021". The charlty ￿ a PU￿1¢ 8enofft Endty as dgflngd by FRS 102. The chartty hal tak￿ thantap ol thè provi8icrn in ts SORP for chwities not to weparn a s1atffn￿ of sh flowJ. The finonrial *•temont8 havo de￿rted from the ch￿ti•l (Aecthints and Rewrtsl Regulalths 2008 only to extent roquirod lo PTQVKlo • trug f•r vvw. Thi8 doparture h88 i)votved fdlowNJ the Stslement of Recommended Prnctbce for d￿lItieS app￿.ng FRS 102 rather than the vwsion of the Statement of R•comm•nd•d Pra¢le• thtdth18 r•l•rred to RwlAtlorA Ixrt TAthk* has 84nca b8•n ¥Athdrv*m. The financial statements are weparod in stfjrfirw. 1$ fvrKIK4no1 fwrrw of the ¢harlty. Monetary amounts in those financial •lalement8 are fOLYKled to ts nw••t £. The finan￿al 8tatem•rrts have Lwi prepared urvjer ￿ hlst(xkal co81 conventIL￿, Imodlfied lo I￿lL￿o the r8V81U8￿0n of freehold properttes and to Ind￿ investrnont FYOpert￿s arKI cortain finan081 instrunonts at falr valuel. The wincipal accounting Oioes adopted are set out bgbw. 1.2 Golng ¢on¢•rn Al the Ime of approvlng Ihe flnandal statements, Inmtees h•ve a regSLvwi￿9 •XPertalth Ih•t tr* tharty has wjequate r880urces to contsnug In opgrational existm for the f￿eeable future. Thus tho trt8tee6 contlnug10 odopl the gokng ba* (rf accwrtiry in preFWry ￿ fin•ng01 #tatamonts. 1.3 Ch•rftsbh fund• Unrestricted fmds are avallable for at the ¢1 ts trL*tegs In furt￿￿￿•￿8 of thglr tharllabl8 objeclives. Resthcted fiJnd$ are subject to speofie (1)nd￿¢)n$ by ¢JMors or grantors 8S to ltr)w thay may bo u68d. Tha purF*)Sgs and uses oflh8 restrthd fvnd$ are 88t out In the to tha finandal sLqtements. ErbSTrM•nt fund• aT• •thio¢t to N)*ific try O)r#xs that ca￿1 must be malntalned by thg tharity. 1.4 Income Income is rwni¥ed when dwity18 legdty entilled to rt after K*rfNm￿2 ¢￿d11￿1n8 have been met, Ihe amounts (¥n be measwed rel58￿y. it 1$ wowle that inc¥)me wll b8 r￿1Ved. Cash donath are rwised on r￿lPt. ol￿r donatiorn are recog)ised orKa the charity ha6 been notifkgd of the donation. un￿9 perfcfftwnce c£K￿rtI)n5 require deferral of the aff￿Unt. Income lax rgcovgrable in relation to donations received urmler GrftAid or deeds of co¥enarrt is recLbanised at ts time of the donation. OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CO￿nNUED) FC>R THE YEAR ENDED 31 JULY2025 A¢¢ountlng polkl•s (Conllnued) Legacies are recowisad on recgpt w otsrwise rf the chafrty te￿ notffj￿ of an ifflperKling distribuuon, the amount is and recelFrt is exWed. If the affl￿nt is not krK￿, tha legacy 18 Irealed a8 ntlwt a8W. Income18 def•rrod Ythen.. - the donrx speafies that ttje grant OT dcfiation must be usaj In fuluffj a¢o)unb'ng per￿￿$, or - the donor has imposed condrtions *thich mu81 bg met befom thè d)arity ha¥ uncondrtional ontittgmenl. Incom from commerdal IradlfvJ acthiitkns is roo>Jnised al e•med la$ the related goods and services ar• prcrdd8d). 1.0 Exp•ndllur• Resour￿$ expended are in tho Statemwrt cl Flnarldal Adlvlb'e8 an a(%u￿1 b881•, Inclusive of any VAT which cannot be re￿red. Certain expenditure Is dlreedy StMbUtab￿ to 8pe¢rft and has b￿7 induded in th086 CO8t categode8. Certain other costs, vlhich are attributobk to mor• than one aclivity. are apportion8d across co81 calwrles on the ba815 of en ￿lmate of the pro￿kn) ofb'me sp￿1 by 8toff on th)8e ath'viUe8. Support ¢￿ts Ir￿￿Je central and have been 8110(*ted to *bvity ¢rnt ¢atégori88 on 8 be￿$ conslstent wilh the use of r￿￿rGe5. Suppxt ctssts indudo back offico co*¥, and payrthl. The opwate8 a defined cts)tribulion p•rnion 8¢*em8 for walfylrvJ a8$0ts rf schemè are hold separately from thoge of th& tharity. Th• cwrtrfbuth￿s p•yabkn w• ¢h•rged to tr n¢ome arKI exponditure aco)unt. Govemance cost$ comprise all c0818 IrWdVlr￿ the publlc ￿Th￿bIlty of the tharity and its complance wlth regulation and good practice. These costs I￿lvJe o)8ts reLated to Statutory 0￿j[l and begal fees. 1.6 Tanglbl• fix•d •ss•ts Tanglble fixed assets costs.ng over £1.0ts) are bth'ng deprecioted 80 as to V*Ylte cdl over tr18lr antiapated useful lfves at th• lolloww annu￿ rate8. wnm¢n(xng in the year of acwlsllk)n.' Land arKI LwddwwJi Fixiure8. ffttiw & Oql￿F￿8rt 25% red￿jn9 trAlance Land 8nd bulldlro8 are rnt depredated. The trustees recowi¥e that ihis Is a departwe Irom the requiTrments of FRS1￿2 vfftich reqwrns 888ets to k depre¢iat¢d. The 1nj81￿ have c(￿uded that the accoun18 SP true an(1 fair view due to the apprKAotino natuTr of th8 assgts concerrnd and that the Kcount8 comply FRS102 except forthi8 *oriwe. The goin or loss arising on the dispos* of an asset b detern)ined as the drftwence between sale proceed8 •rKI tho raThying value of the aw and re9)g￿￿J in the #atemtyrt of finaTr34 ￿l¥It￿. 1.7 Flxed aJ•et inv•stm•nts Flxed asset Investsnents are ktltlaffy measurnd ot trans8di￿ wice exdu(lTrJ tran8actlon o)sts. and are subsequenty m&%Lred 81 fair value at eath re￿r11r￿j d*e. Chang8$ in falr value are reccgnised in net ir)¢¢ynel{expenthture} for the year. Tran88(aion We expwnsad as i￿1￿￿d. 10- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Accountlng polkbè• IconllDu•d 1.8 Imp•lmient of flxed *M•ts At Q￿h repybrs end date. th& rt*rity revtrws the orryitvJ rnnts of Its tWwjlb￿ assets to d8t8rmlne wt*ther there is any Y￿1catIon Ihat ItK>80 ass8ts have 5uff8r8d an imparrmgnl loss. If any such indulion 8￿sts. the re¢￿ver£ole amount of Ihe a￿et Is estlmaied kn (*der to detemiv* the extsffl of the impainront 1088 {M any). 1.9 st¢xks stocks are stated at It￿ of cost and estim￿ 8ellY¢g price Ioss c0818 to compl8te and adl. Cost compri#e8 threct materio15 gnd, vthere apF4ic&bl8. direct labwr ￿sts and th088 overheadg that have be8n irKurred in brlnging the stocks to th￿r pyesent I￿atIon and condition. held for dlstdbutkm) at no or 1￿MInal cnns1dera￿n aT8 measur8d th& Icthw of reFl¥ement CO81 an(1 c N•t r•81188bl8 y￿￿e 1$ e¥lknated selltng wlce W all ostknth costs of compl•Ih￿ and to b8 In¢urr8d In m8rkdro. ￿111ftg and di*ibution. 1.10 Cish and cmh •qu￿11•￿￿ Cash and cash &]u1va￿nts IrKaLth ¢8sh In harnl. depcdlt• hekl at ¢11 with b8nks, otr￿r short.brni liqjd Investhients wlth orlglnal matLwilie8 ol three month8 (* leo8. WKI bank overdrafts. Ba￿ overdrafts ar• sho￿￿ vlthin borrowngs in ujrrerrt liabilities. 1.11 Flnanclal Instruments The Cha￿tY has eleded to W￿ls1on* {* Sothi 11 '8••K Fvwno•l Instruments. and se￿On 12 'Other Financ4•1 IrAtrum&yth188u•*' of FRS 102 to all of it• fin￿(￿1 in•tfumrAts. Fknandd In8truments are rwilaad In the thrity'8 balanc* 8hé8t th8 tharity bxom88 paty to th8 contractual W￿1110n8 of Iho Instrument. Financial assets and Ilabillllej are off¥el. wlth the net amounts pre8ent•J in Ihe financbal 8taternen18, wthn Ih8r818 a legally enforceable rlght to set off the recognlsed am(yJnts and there is an Intent￿ lo aettle on a net b86b or to wllso the asset and setuo tho lithllty 8lmuttarvJu8ty. 8asl¢ finondal as80ts. IrKILKl& debt(Ys cash and bank balarKa8. are inltlally rmasured at transaction prieè irtlLhJing Iransaclion ¢osts WKI are $Lknwuentty carrie(l at amorti8ed cost uslng the effecllve interest meth¢xI url¢ss thg •rrangemwrt cryBtiluts5 a fingnryrvJ transaction, the transKllon is measured at the Pfesenl vaue of the fuiure re¢eipts di5cwntod at • market rate ol Interest. FinwKSal a8Mts dassified 08 r￿l¥able within yeor oro not wnortioed. Basic fiNncial liabilits•• Basic ffinan￿aI liabililies, IrKludlng crnthlors and bank IDgn8 initlalty rectyNwJ 01 transa¢tw)n pri￿ unl888 the arrw@ement consbtLrt6s a finanong transacticfj. where detrt instrument is mè45uied at thè prèsèrtt value of th• ftrture paYM￿ts di%ounted at a market rate of intere•t. FI￿ne4￿1 lid)iliti88 daB¥ified as payakAe wiknn one ye8r are nol omortised. DO￿ instrumont$ ¥¢ %kns8qu8nlty ￿￿10d * wr¥)rti￿ cort U51ng th8 effgcllve Interest rate mgthod. Trade credftor8 are ct*llgatlons lo pay for gcods or ser41ces that have been a¢qutr¢d in the Ordin￿ ¢ourse of operallons frcth suppllers. Amounts P8yable are dassffied a8 kn'abilities rf pwent 1$ due within one year or less. If not, they are presented as noTrcJJrMI liabilibes. Trade ¢x¢ditors are re¢rynised initially 8t tr*wction Pri￿ Nknsequenlty meawred al amortised cost ￿Ing the eff￿*1¥¢ intwest method. Derecognldon of Ilnand•lllabllltles Finanaal lialm'lrbes are derwni8e(I chaiiws c(¥tra￿l expn cr are discharg•J or (%neefied. 11 OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 JULY2025 A¢¢ountln9 polic1•• (Corrtlnu•d 1.12 Tax•tk>n Tho charmy is exery* from tsx on In¢ome and 9awis faning vthhln 8edlon $05 ofthe Tax88Ad 1988 cr 8ectlon 252 of the Taxation of Chargeable Gain5 Ad 1992 to the extent that aro aFplied to Ils charl1ab￿ obJecl8. 1.13 Employee ben•fft• The ¢ost of any unuaed hollday 01￿￿nt ts rwni8•J in the P8fKyJ n which ts wntheo's a¢rvbx8 8T• re¢elved. Tomiination beneffts are recopysed Im￿￿19ty as an expense *t*8n Ihe (*8rity IB demon8trably ¢ommltted lo termknats the employment of an efflF4oy88 or to promide teThinatM)n bon6fi1$. 1.14 Momb•rn' lo•n• Mamber$' loans we rap8yabl• on d•rn•rKI wwj Ihgrefor• r#)t diyA￿nI•d. th8 trust808 con8lder the repaymonl wthin 12 months of the charrV¥ year end as Lnlikety. •)d have thereth shuhn thom It)￿8, 8mounllng to £12.500. as repayable kn mom than 12 mcnth8 tirm. crftlcal •ccountlng ••lknal•¥ and ludg•m•nts In the applleatlon of th• accountlng po16cl•$. the Irusto05 are requlred to make Il￿geMents, e8llmale8 and asSum￿on$ ab(xrt the carrying ￿Unt of 8898ts army 118bllttb88 that are not rejdily aFparenl frcrfn other Sources. The e8timal•s and asS￿aled a66LMnpbcffi$ are l)48od on historlcal eywrton(¥ and factors that Are eon81dered to l)e relevanl. Actual r88utts may dhyer frtyn estimates. 88lmates and undertylng assum￿rA are on an ongohw basls. Re¥l￿On$ to gccountlr timates are recogni80d In the penod the 06ts'm8te is rev18ed *hore revision thcts (nly that perlod. (x In tho padod of th• and fvtln period# vhw Iho revl8lon both ￿rrent aTrJ futuro pertodj. Crltl¢•lJudg•m•nts Included knithin the accounts are lu&Jements. apart from th08e involvlig 88tOmatSons. m•Je in 8pplying the ch8rity'5 8¢counling FoIKi88 and hawng the most BignrfiGant effect on amounts r¢¢ognised in th8 finandal staiements. Key as8umpkns corttmirwJ firture. and other key #ources of gstlm•tion uncatsinty #l th& en¢J of the reportiw pevlc#J that have a signfficant risk of ￿uSing a malerlal adlustmert to the canying arn￿nts of a$$8ts and Ilatllitles vthln the next fmanrid yoar have be￿ not&1 a8 de&ned no¢os¥ary. Incom• from donallon$ and l•oacl•• Unrtstrktfjd Unrnstrlcled fundg funds 2025 2024 Donation8 and giftg Grants 40,529 23.732 5,000 40.529 28.732 12- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Income from don•tlons and l•gaGI•¥ {Contlnu•d N•t Incomo from Tradlnq Actfvltle8 of Subsldlary The chwity has a *hoUy Owl￿d tradry s￿￿di￿ in¢ry•ted in the UK OCRFC ￿ra￿K)g} Ltd (Company numter 101168301 which covenants 011 its Proffts to the charity by grft aFd. OCRFC (Trading) Ltd provhJe$ bar seThlces on behaK of CovenIri￿8 Rugty FryJU)•ll cl￿1. Th• dwrity ￿tire sharo (apital of I Ordlnary Share of£1 exh. OCRFC (frading) Ltd made • n¢t wofft for the year of £32,589 {2024.. £23.7321 whlth w8¥ fulty donated via gift aid lo Ihe ctsrity tmth r•m8iniry tygregate 8hare ¢awt81 and re8erves of £112024.. £1) ch•rltabl• aclmtl AcUvlll•• from g•n•ratlng fvnd• 202L4 Total su Total from g•n•rati fvnd• 2024 2026 2026 2024 2024 Sub8criptR)r {Playw$ I VP'•l Foc4J l KStchen 200 Club Sponscnhip I Advertl$ing 8o•rd• Mast Hlre Car Park Inc4xno Room Hire Pltch Hire Sale ol ScKl41 V&*8r M8tr1x Lic¢n8e 17,742 17,742 28.279 2.313 18,230 18.230 19,544 10.171 28.2 2.313 19,544 10.171 24,680 11,074 20,3 4,870 24.680 11,074 20.3(NJ 4,870 8,979 11.788 9.962 4,118 3.177 3.559 1.431 8,979 11.7e8 9.982 4,116 3.177 3.559 1,431 Sub8 Property IncLyno- Ouw Resource Shariro Charity Rai￿ng E￿nts 2.216 4.647 2,218 4.647 7.711 2.000 7.711 2,000 19,920 19.920 19.824 19,824 123,168 17,742 140,910 102,260 18,230 120,490 AD•ly$kn5 by fvnd Unrestricted funds 123,188 17,742 140,910 1W2259 18,230 120,489 13- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 In¢om• from othor tradlng xllvlll•8 Unr•strfct•d Unr••trlct•d funds fund• 2026 2024 NoTr¢harltabfe tr*ling acaivits 18 49 Unmtrlct•d Unr••trlct•d funds fund• 2026 2024 Interest fgcdvatAe -14- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Exp•ndStur• on charltabh aclMII•s Rugby Club Rugby Club 2026 2024 Dlre¢t ¢08ts Dopreciat¢)n And Impaimmnt Caterlng costs Rate8 Light & heat Rapalr8 & malntonanc• Kit purcha8e8 & player8 travel Tolephc FLWKtIM$ Bank charrJ•• SurHIry Insuranc• Referae & coathng Advert18 Cleonlng & Physio and firnt a Compeltion fe0• 18.886 45,480 4.625 12.831 38,420 28,217 18.853 44,562 3.771 22.489 30,181 11.495 6,328 11.436 221 9.643 3,533 1.538 2,703 255 8,457 10.289 1,260 7.698 218 9,651 11.826 197.272 172.286 Sh•re of ¥upport •nd govwMnG• Gojts (••• not• ) Govemance 9,383 9,379 206,655 181.665 Analyskn by fund Unreslricted funds 206.655 181.865 N•t mov•mwrt In funds 2026 2024 The net movement h funds Is stated after cfi•rgW{crndttry)'. Fees payable for th? indeperKlert eXamvwli￿ oftho frfwKi statements Deprociation of [Mry￿d tsryilxe tsed a¥¥8ts 2.150 16,866 2,000 18,853 Noro of the trustees (or Wby peT80rn connected *ith le￿Ived any reThwnera￿n or beneffts from the tharty during the year. -15- OLD COVENTRIANS ILF.C NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 10 EmpbyM8 Tho average rnonthty n￿nbfjr of ￿plOYa•S d￿aTra tr* yearwas: 2026 Numb•r 2024 Mumbor Total 11 Taxatlon chaty Is exempt fr(xn ts¥otiM M its acbvitss becau￿ all its iwrr*o18 awl￿d for tha￿tabl8 puw$. 12 Tanglbh flx•d M••ts L•nd•nd Flthm. Total Co•t At 1 A￿Ult 2024 469.888 113,349 583,215 At 31 July 2025 489,8&8 113.349 583,215 D•prnclatlon •nd Impalnnont At 1 Augu812024 Oeprttiation tharged in the ydar 40.(￿4 16.866 40,064 16,888 At 31 Juty 2025 58,930 58,930 Carrylng amount At 31 JLty 2025 469.866 58,419 526.285 At 31 Juty 2024 65.925 535,791 Inve8trn•rt wOpert￿ rented to arother grryjp ertity bggn accamted for tho (X)st model. Th• ¢4rrying value of Inv88kn8rt Incl￿ lar&1b￿ fixed 88gets 15 £469,886 (2024 . £469,886). 16- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEPAEKfs (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 13 Flxod assot Inv••tments Unllstsd Inv88tments Colt or valuatlon At 1 August 2024 & 31 JLty 2025 Carrylng amount At 31 July 2025 At 31 Juty 2024 14 Stock• 2026 2024 Flnl8hed and gcodg re8ae 1,21)0 2,100 16 D•blorn 2026 2024 Amouftts falllng du• wlthln on• ymr Trade debtors knounts OV•pd by subsidiary Lythrtakrys Other debttys Prepayments and ac£rued Income 11,980 33,792 2,685 1.269 8.295 14.843 1,050 1.186 49,728 23,374 16 Crndllor•: amount• falllng due wlthln on• y••r 2026 Deferred income Trade credlt(Ys Accruo16 6.254 22,148 14.077 14.407 2,881 5.087 42,479 22,813 17 Crndltor•: •mounts f•lllng du¢ after morn th•n on• yg•r 2026 12.500 12.500 17- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEmE￿rs (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 18 D•ftrrod Income 2026 2024 6.254 14,407 Defeffed IrKome18 Included ￿ Ihe stateM￿ts as fokThvs.' 2026 2024 Defwr&J incc¥na 18 Current liabilrtles 8,254 14.407 Movements wi the yoar.. Dofeffed Inct)m6 at 1 Au@￿t 2024 Ro19980d from prev6ous peri(*J8 14.407 18,153) 14,407 Defer￿1 Inc(yne at 31 July 2025 8,254 14.407 19 Unr••trlct•d fvnd• The unre8trb¢ted funds of the ch￿ty comwrae the Un9Xp￿*Yea tsa￿1￿￿ of donatlons and grants nol 8uty.ect to Speclnc (%rKlrtion$ by thnLY3 arvj grantors 88 to they may be used. Those indude dèAignated fund8 havo twl Set a81dg *>Jt ol wr¢8triLt•d funds ty Ihe tru8t••* for 8pedftc ￿rp￿88. At 1 August I￿oMIng R•wurGM Tr•n•f• 2024 r••oU￿￿ •xp•nd At 31 July 2020 Fixed As8et Fund Facilrti88 arKI Ru D8vebpment Fund Gemerol fund8 535.791 (16,8e6> 7,360 528,286 59,024 100,000 {14,2481 44.778 100.000 182.903 1189,7891 694.815 182.903 {2tX.655) 871,083 Pr•vk)wJ y•ar: At 1 Augu•t Incomlng Ro•OU 2023 rnAoyrGw •x￿nd•d n¥fern At 31 July 2024 Fixed Asset Fljnd Facllllies an¢J Rugby Development FLVKI General funds 539.098 <18.853) 15.546 535.791 87.216 100.orA) 128.192) 12.646 59,024 100.000 150,166 {162,812} 728.314 150.166 1181.6651 694,815 18- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 20 R•lat•d party transactlons Th8Tg wwe no olsdosth rolated paty trans8ctirn8 Iho year (2024. Th)nel. 19- Ch•rlty r•glstratlon numb•r 1166051 IENJland and Wales) OLD COVENTRIANS R.F.C ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 OLD COVENTRIANS R.F.C LEGAL AND ADMINISTRATIVE INFORPAATION Tru•t•e• T Johns M J Leavorn J Distr N M F￿lmond CBU J L 88nk8 PGdl G Burwyno PJQ•ffjn J Tdley J J Manr¥ng 8 Fl¢t¢P (Apwnbj 23 May 2025> IAFwnt¢d 7 July 20251 (hwnted 25 May 2025> Sonlor managomont G Burgoyn• TAst M Leav•rs C Bum• Presidont Chairnlon Vbce c￿lf Treaswer Ch•rlty numb•r (England and W4lMI 1166051 Ind•p•nd•nt •xamln•r AzetsAJAIt Sor¥lco8 S*in Driv• Unlled Klngdcfn CV3 4FJ Banknrn Bardays Bank PLC 25 High Slrnot CV15RE OLD COVENTRIANS R.F.C CONTENTS Trustees report Ind8pw￿8nt e￿ine￿8 reFKxt Stalament of finanol othlbes Bal•n¢e Notes to the flnandal #atements 9-19 OLD COVENTRIANS R.F.C TRUSTEES REPORT FOR THE YEAR ENDED 31 JULY2025 The trustees presenither annul rewl and f#)and&l Slatth)*￿ for ts year ended 31 Juty 2025. The ffinanclal statements have been wepwed in a¢xordance with the accounting sel out in note I to the trlnancjal 8tatemenls and compty charit￿5 goveming documgnl. ￿ Charilies Ad 2011. FRS 102 Yhe Inondal ReportirKJ Stsndard applicable in the UK and Republic (I IrelaThl' arKI th8 Charrt*s SORP 'kn￿nting and Reporting by CharitK?s'. Statement of RecommerKled Prackn aFw1ca￿e to charttoes prepartng thelr ac£<>unts In attordance wrth Financial Reportir¥J Stsndard appI￿able in ts UK •TrJ Republic of Irdand IFRS 1021" ObJ•¢tlve8 and actl¥lll•• The ChanV8 ofyeth'v88 we to Pr￿note commur¥ty in rett8th1 ty wvibjlng fadlltlo8 fr playlng 8mateur rugty union fo)tball and other sp￿ts in Coventy •KI Wa￿7(*$h￿0 (ya￿ttle8. means land, Idkngs. equlpment ￿ organtsatson of swts'rvj activiti88) In furth•fOrK• ofth• ¢h•iity'• obi8ct* Ihe Injrtees ha¥• 8•1 out the lolkywiig akns In ￿ ch￿$ rul•s'. . To b8 a Member of RFU and lo the enAoyTnent DI rugby Unl￿ and 8uth otrffi 8POrt8 as may be fadlMal8d by the Club . To provide and manage a faclllty to en8L4e those •nTr)y T￿bY to tr•ln. ￿lY y¢tat• at m*¢h ond lo enjoy community swal adiwli68 arl$lng . To farylitate and ￿•blo thom who h•ve nol had IM oppcrfiunty to leam ￿aY the gamg of rugty, both chiklren and adunF, al opportunty and WPFortiro thoM In b988 ftytunats ecoTh)m clrcum$tanG•$ . To bo a 'C¢>))m￿ty Club, ¥knk*18'0p8n to al, to 8niDy nNby 8nd associth community $port8 and 8OU81 adNitles and from Ihose V•b) *18h to vdurrteer a8wstanc• to p[L￿[￿All the Club'• m8 and helpirKJ to m8nage M8 adlvl¥es To devdop and maintain gcod lon*lem rd8llon8hlp8 lttal SCI￿18. ¢0110908 and Club'8 In order to 811mulate and devebp the of Rugby vAthin th? C(xnmunty . To erKourap lerni memL*r8h* *KI ¢ommunty v•lLo8 . To resp￿j to ad foqwts 8ThJ an(x)urap spo￿ furnjiry nitiabvm to be ¥*pli•d lo ru&ty rdat•d chantstJ8 8rK% bonevol•nt acu¥￿6$ l&.g. wpwUr¥J pla>w8 In dlfficuli aconomk drVJm•tanC￿, long t•m Injwies otc) Tho Tru6tees ore wn8¢AC￿ ol the need to safwJJwdlvvJ arKI sustsln good in ttms rnJp8ct Public benefit The trustees have pahj dug regwd to g￿tsnce Iss￿1 by ￿ Clwity c(￿MIsSion in adivttles t charity should undertake. OLD COVENTRIANS R.F.C TRUSTEES REPORT ICONTINUED FOR THE YEAR ENDED 31 JULY 2025 SrgnifKant activilie8 the year have been: . TfainirKJ and ptayiry RL*y unl￿ at 5enK)r thl WKI at 811 mirl & age wJups Training and ￿aYIng of Crrmty) Green . SupFQfts'ng Ih8 trairing and F4aytry of Flat Greon via Matrix Club tpthich has a lic•n8e lo use Clubs facilitses . Provldlng wbsidlsed fadli1Io8 for ex1emal rLKJty offJAr￿s8tl￿¥ to use ¢lub lor the developrrtht of xnM￿ty n¥by. ir￿dr￿j Str￿18 and RFU. . Ilbrking lhith ￿ RFU arAI local to alltyw ¢hlhJren •xe$8 to path4pate in rugby on a rnore regular basis . TrdnlThJ W)￿nI00￿ In nNby coathnq. referedng. fnt ald and 8a18￿rdty. . Max¥ni8ing GfftAKI on member8hlp 8ub8cn'ptiMs s￿181 inve8lffonl8 Th• Tru8tee8' Fdicy 18.. . To Inve8t to Fwomote partklpakn Sn recreat1￿ ¥*lthln the 0)Mm￿ To invest in f8alitie8 for sport, recfeation or other lei8w8 time £t￿pation ty such p8r¥ons Wt￿ havg no￿1 for such f8cilitses by rea8on oftheir youth. ap, irffffiity or di8abl8ment, povety or and economk drcumstar￿85 or for the publk at IwJo In the IntfAe8t of s(Klal aThJ *4th Iho ot4e(Ilve ol knprovlng thelr condluon ol Ilfe. . To m•nago actNit*i ￿ *• to kety Ihe cc•t8 of in fv •port of nwby foot￿ 08 IN a• p)l￿ble gnd promot• access to the swt . To work I￿1h the RFU to develop slrLvvJer relatvjnslwps *ith locd sch()018 ond other in6thution8 In furth•rwK• ofth• dwiV$ c*'•L*ves and alms. Grant making The Trustees, pJllw Is.. . To fijnd arKI manag8 directy ¥arf￿5 fuknye to 8thlev8 tts ￿ec￿￿e8. rather th￿ mah gran15 10 independent bodig5. . To make 8mall grnnl8 lo other ¢hwltsbl¢ ¢)r9•rMoob(#M [￿M￿1n9 r￿ w on ad hoc ba￿¥ . To make $mall grants to inthvKluah VA￿ hv¢ wffwed di￿lIty frcrfn ￿ayI￿a rugby Unl(￿ football and Volunt86 The charty is managed by a Mar49gemenl Commlttee made L4) entirdy of volLmteers. wfich 18 furth8r 8UpF￿e￿ by an amiy of vdunteers ftom xross all &38 grows who SLPPOrt cOac*￿￿j. administra￿ft, saf8guarthng arKI ffirst ald. The trustee8 are committed to ensuriNJ that the work of these volunteern 18 vBcDJni3ed and appr8ciated by OLD COVENTRIANS R.F.C TRUSTEES REPORT (CONTINUED FOR THE YEAR ENDED 31 JULY2025 Achlfjvements and p•rfornwnc• Signift8nt 8dNIti&S 8nd 8chievenwts a081￿* obigd*ve8 Rugby development ac*levemen18 have ind￿￿.. . suc￿$S1u1 senlor rugby $63$c￿ makntalrAThJ thek posltkn In Cwnlles 1 MI1￿8 (South) . SUcces￿Ul VOgr￿Me of trainYKJ and plawng rugty at Jw*x and SOn￿r kwel . Spedfic opgn days at Juntor lo￿1 to Pr￿K￿0 thirvj of Rugby Unron and to rpuuit now ￿ayerS . Ext8n8ton of a dub inrtiatsve to On[￿ra99 pg¥t 8eni(Y pEayw8 to re*wt pLgyiThJ based ￿ to￿ rugby arKI an annual past players matd) . Froo publt 8P￿t￿ accoss games at 81 lo￿1$ OrganlMtlon•l ind lacllltl•• d•v•lopm•rt •chlw•m•nl• h•v• Includ•d . Nat Ruoby Task FcKc8 evwrt8 to fadlrtkn engww volunteer activty . Inv•th•rt In Prtth r•novati Inl•rnal r•fvrt48hrrwt8 Flninchl r•vl•w polky It 18 the policy of tho charity Ihat unrestricted furth whth have not been desiwated for a ug8 should malrrtalned al a lovel equfvalwt to between three and 8Lx monih's expendllure. The tru8te88 c￿SIder th8t r888Ne8 at th18 levgl wlll ensur9 that. In the gvent of a ￿￿lI￿ant drcs) In funLlrvJ. tlw VAII be a￿e to contlnue the thartty'8 current acti¥￿'e$ wlile con8iderth.on is given to way8 tn additK)nal lundj may b• raimd. This level of re8erva• has been m•irtsined throughout the ye•f. P￿nc￿81 sources SoLrces offvnds are.. . s￿)8￿1p￿.￿ in(%¥n• Fwii r•iJing •v•nts . Sp(Xb80rnhip8 and Donatlon8 . Glft Ald from the *tholy owned tr8dlng sthldlary others srte and Clubhou86 rents1$ Investmenl pdicy The charity's inv8slm8nl polty SB c¥rrty to matntaln bank aThJ (xth b#lanc￿ a$ I￿Ul￿ 8$8ets. Maioriisks The trust8e8 888e88ed the m8Jor risks to (tsrity is expoted. aThJ ar8 sati5fiwJ that 8y8tem8 are kn pla￿ to mrfigate exposure to the maTrJr risk OLD COVENTRIANS R.F.C TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Thg prints￿ risks facing Ihe dwity are oM*Jered to be: . Lltyati'¢Jn ari8tng ￿ re¥F*(I ￿ an ii¥ured mtrnbw. pf8ytr ty memiw of Kthogation 1$ ty insurance. . Flre or othèr dlsaster at slte. MIttgal￿ Is ty #)Bwan . Rewtstw)nal damage 8of¢gu¥dikvJ Mltsgatkn b ty 8afeguwdlry tr8lnlTrJ. . ExtorrAI 8v*nts b6yond th• c*aritl8 control whk* &gnIficA￿Y impxt ¢Jn it• abilty to operate ar gènerate funds wtmch 18 riot covered by tAAn￿• hiterruption eg ParKlemk- Mlllgallon Is by eash management arwj Reserve8 Pollui. Thg Trust￿$ h8ve 088es$8d ￿ Ma￿ ri8k6 to the charity18 eyposed, and aro $8118figd that systems are place lo mitigatè eXr*￿rn to th88e risks and that OPForbJnities to fur1￿1 mits'gale throLsgh apwoyiate grant applleatlon and 8￿rd from relevant bod￿. tho RFU •Thl HM Goveffffiont. Structurni gov•rnanc• and m•n•g•m•nt Tha 8ntlty Is 8 Ch8r#abl• or9￿￿•bon rcio) wv•Thd by a con*Ittrti￿ dowment. The Iru¥t••8 Ytho durlrvJ tho yow and LV to the 8ignabJre ol the fin￿181 8tatthnents wère.. T Johnson M J Leavern J Diston N M F8rfmond C ￿rTh$ JLB￿k$ P Gill G Burgoyne PJOwen J Tdley J J Monning B Fletcher IAppc¥nted 23 May 2025) {Apwanted 7 Juty 2025) {Appc4nted 25 May 2025) Recmftment and 8ppolntment olltvstees Tru8tee8 vMth constitutional office5 we eW8d ty mombws of tho dub by ¥ots at AGM. each br a p￿0￿ of 3 years tArt retiring by 8tagger•d rotabon. A linit•d nurnb¢r of addth•l tru8*￿ m•y b& apwnl8d ty thè 818(*ad trustees to assi81 ￿￿th the managemwrt of the chanty and rts 0￿ratIons. Oryanls8thM81 strnctu The chgrity 1$ • ¢hariWle 1n(xyp￿￿ (cio). governed by Con8thkn 18 reglstered thrfth th Charity CommiMon. Th8 trustee5 are memb8rs ofthe (Id Coventrm Rugty Foolball cl￿ marwernent corrfftittee coMFwi￿ng trustees and other 8ppolnled members. The chartty 1￿% of the Issued shgre Co￿ of OCRFC ITradngl Lttl, a compwry reg￿￿r￿1 In Englarbj Wales. OCRFC ffrwjingl Ltd is rospcwwble for uThJgrtakir¥J cwtain comme￿[81 acbvib88 on of thg chgrity with a view to donating the Proffts lo the charity fry the further￿ of its objethes. The charity the RFU nthlork on both a formal and Infomial basis to pIon￿e the sport of r￿. OLD COVENTRIANS R.F.C TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Indudion and trninnig oftmstees New Irustses ￿ familiaris•J ¥•ith the gmmonce stw(*ur¢ of tIK* c￿rity. the aims and otr4'fAive& ofthe c*arty arKI the roles undertak8n by the trustees, mantyement cc¥nmittee vc4unteers. Try are given the opporbjnrty to idenlify any area of a(*vlty In whlch like lo be invdved ar#J rf trainry Is required this will be identsfied and providad by the tharity. Trustee8 are 0180 m8d8 awsrn of thdr 8af89Lwdlng and duty of re8P(x)6ibllltl68. R8latlonsh* wtth rnlatedpartigs None ol the tru8tea8 has bw*fi¢l•l krtorost CIO. ofth• truBta•8 ¥8 m8mb8r8 of th• CIO. Chartclte Bums Trusts• 17.03.2026 OLD COVENTRIANS R.F.C INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OLD COVENTRIANS R.F.C I report to the tru8tees ￿ my examir￿1￿ ol the fttwd81 statemth of Okl COV￿)tri￿ R.F.C (tr￿ chwityl year ended 31 July 2025. RMponslbllltl•• and ba*ls of roport 3 the Iwstees of th8 charity you we le8￿8￿)1e for the of finwKial 8tatemert8 in accordance with th8 requiremgnts of lh8 Charities Act 2011. I reprAt in r88pect ol my exAnwn•tlon ol tho dwrty's fin¥Ki*l Statem￿ eathed uThler sedlon 14S of Charibes Act 2011. In carryin9 Out my examination I fokn¥ed the fxredknn5 given by thg Charlty Comm1881 under sectlon 145(5)Ib) of the Chari￿8 2011. Ind•p•nd•nt •x•mkn•e• •tstM*nt Your attention Is dravm to tho fxt that th• Ch￿ h88 w0par￿1 staten￿ In •ccordanc• vAth tho r816vant vefdon of the Statemént of A￿)MMer￿led Practicè appleablo to chafrtie$ preparing their fin4nu81 8tatements In aecordanee %Mth the Fnwn¢ial Rewrting Standard in ￿ UK wvj Republic of Irel4TrJ IFRS 102) In preference to thè Ac£ounllry and RW"ng by Charitth.. &atement of Re¢4)mmend8d Practice I￿u•d on 1 April 2005 whith 1$ referred to i) the oxiont r•J1Aati￿¥ but has n(y• wittrKlrawn. l urKlerstarKI that this ha8 b•en dm• in ord•r for the fin•n¢i•l stat•m•nt$ to provide a truo •TrJ fw'r in accorda￿9 V•ith UK Gen8ralty Acc8pl8d Accounting Pract￿. I hav8 c N•t currnnt aM•ts 157.277 171.523 Tol•l u••t• l•u ¢urr•nt Il•bllltl•• 683,583 707,315 Crndltor•: amounts f•lllng du• •ft•r mor• than on• y•ar 17 {12.sfKII {12.5001 N•1 aM•ts 671,063 694,815 Tho funds of the Gharlty Unrn8tiid*J l￿d# 671,lJ33 894,815 871,1￿3 894,815 Th8 fmncad 8tatements vnre apwoved ty the InMie88 on 17.03.2026 C 8¥lnS Trus*• OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2025 A¢Gounting polic1•• c￿rtty Inforniatlon Thg charty is 4 tharitable iT￿rated tryanisalTh (CIO>. tr￿crfp￿81ed wrthln England and Wakns. Trustees of Ihe CIO have limrted lia￿"lty ststus. The regl8l¢red offlco is OCRFC Clul)hw. Til• Hll Lane. CO￿nty. Ur￿led lQrgdom, CV4 9DE. 1.1 Accountlng conv•ntlon The finonGi•l slatemerrt¥ ￿¥0 boon ww8r¢d kn ￿y￿nCe wlth the ¢harlty'$ goveming dcumenl, Ihe charl￿9$ Act 2011. FRS 102 Tr Fina￿81 Repxtin9 Standard apFAicable in th8 UK and Républic of Ireland" thé Charltlés SORP -h£cwnUng and Reporb'n9 ty Charities. Statement of Recommended Pracb applicab￿ to charilw prepafing thdr ar￿jnts In XcxKd8r￿ wlth the FIn￿d81 ReFQrting Standwd 8pplie4ble In Ihe UK arKI Republlc ol IreLqTh1 {FRS 1021". The charlty ￿ a PU￿1¢ 8enofft Endty as dgflngd by FRS 102. The chartty hal tak￿ thantap ol thè provi8icrn in ts SORP for chwities not to weparn a s1atffn￿ of sh flowJ. The finonrial *•temont8 havo de￿rted from the ch￿ti•l (Aecthints and Rewrtsl Regulalths 2008 only to extent roquirod lo PTQVKlo • trug f•r vvw. Thi8 doparture h88 i)votved fdlowNJ the Stslement of Recommended Prnctbce for d￿lItieS app￿.ng FRS 102 rather than the vwsion of the Statement of R•comm•nd•d Pra¢le• thtdth18 r•l•rred to RwlAtlorA Ixrt TAthk* has 84nca b8•n ¥Athdrv*m. The financial statements are weparod in stfjrfirw. 1$ fvrKIK4no1 fwrrw of the ¢harlty. Monetary amounts in those financial •lalement8 are fOLYKled to ts nw••t £. The finan￿al 8tatem•rrts have Lwi prepared urvjer ￿ hlst(xkal co81 conventIL￿, Imodlfied lo I￿lL￿o the r8V81U8￿0n of freehold properttes and to Ind￿ investrnont FYOpert￿s arKI cortain finan081 instrunonts at falr valuel. The wincipal accounting Oioes adopted are set out bgbw. 1.2 Golng ¢on¢•rn Al the Ime of approvlng Ihe flnandal statements, Inmtees h•ve a regSLvwi￿9 •XPertalth Ih•t tr* tharty has wjequate r880urces to contsnug In opgrational existm for the f￿eeable future. Thus tho trt8tee6 contlnug10 odopl the gokng ba* (rf accwrtiry in preFWry ￿ fin•ng01 #tatamonts. 1.3 Ch•rftsbh fund• Unrestricted fmds are avallable for at the ¢1 ts trL*tegs In furt￿￿￿•￿8 of thglr tharllabl8 objeclives. Resthcted fiJnd$ are subject to speofie (1)nd￿¢)n$ by ¢JMors or grantors 8S to ltr)w thay may bo u68d. Tha purF*)Sgs and uses oflh8 restrthd fvnd$ are 88t out In the to tha finandal sLqtements. ErbSTrM•nt fund• aT• •thio¢t to N)*ific try O)r#xs that ca￿1 must be malntalned by thg tharity. 1.4 Income Income is rwni¥ed when dwity18 legdty entilled to rt after K*rfNm￿2 ¢￿d11￿1n8 have been met, Ihe amounts (¥n be measwed rel58￿y. it 1$ wowle that inc¥)me wll b8 r￿1Ved. Cash donath are rwised on r￿lPt. ol￿r donatiorn are recog)ised orKa the charity ha6 been notifkgd of the donation. un￿9 perfcfftwnce c£K￿rtI)n5 require deferral of the aff￿Unt. Income lax rgcovgrable in relation to donations received urmler GrftAid or deeds of co¥enarrt is recLbanised at ts time of the donation. OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CO￿nNUED) FC>R THE YEAR ENDED 31 JULY2025 A¢¢ountlng polkl•s (Conllnued) Legacies are recowisad on recgpt w otsrwise rf the chafrty te￿ notffj￿ of an ifflperKling distribuuon, the amount is and recelFrt is exWed. If the affl￿nt is not krK￿, tha legacy 18 Irealed a8 ntlwt a8W. Income18 def•rrod Ythen.. - the donrx speafies that ttje grant OT dcfiation must be usaj In fuluffj a¢o)unb'ng per￿￿$, or - the donor has imposed condrtions *thich mu81 bg met befom thè d)arity ha¥ uncondrtional ontittgmenl. Incom from commerdal IradlfvJ acthiitkns is roo>Jnised al e•med la$ the related goods and services ar• prcrdd8d). 1.0 Exp•ndllur• Resour￿$ expended are in tho Statemwrt cl Flnarldal Adlvlb'e8 an a(%u￿1 b881•, Inclusive of any VAT which cannot be re￿red. Certain expenditure Is dlreedy StMbUtab￿ to 8pe¢rft and has b￿7 induded in th086 CO8t categode8. Certain other costs, vlhich are attributobk to mor• than one aclivity. are apportion8d across co81 calwrles on the ba815 of en ￿lmate of the pro￿kn) ofb'me sp￿1 by 8toff on th)8e ath'viUe8. Support ¢￿ts Ir￿￿Je central and have been 8110(*ted to *bvity ¢rnt ¢atégori88 on 8 be￿$ conslstent wilh the use of r￿￿rGe5. Suppxt ctssts indudo back offico co*¥, and payrthl. The opwate8 a defined cts)tribulion p•rnion 8¢*em8 for walfylrvJ a8$0ts rf schemè are hold separately from thoge of th& tharity. Th• cwrtrfbuth￿s p•yabkn w• ¢h•rged to tr n¢ome arKI exponditure aco)unt. Govemance cost$ comprise all c0818 IrWdVlr￿ the publlc ￿Th￿bIlty of the tharity and its complance wlth regulation and good practice. These costs I￿lvJe o)8ts reLated to Statutory 0￿j[l and begal fees. 1.6 Tanglbl• fix•d •ss•ts Tanglble fixed assets costs.ng over £1.0ts) are bth'ng deprecioted 80 as to V*Ylte cdl over tr18lr antiapated useful lfves at th• lolloww annu￿ rate8. wnm¢n(xng in the year of acwlsllk)n.' Land arKI LwddwwJi Fixiure8. ffttiw & Oql￿F￿8rt 25% red￿jn9 trAlance Land 8nd bulldlro8 are rnt depredated. The trustees recowi¥e that ihis Is a departwe Irom the requiTrments of FRS1￿2 vfftich reqwrns 888ets to k depre¢iat¢d. The 1nj81￿ have c(￿uded that the accoun18 SP true an(1 fair view due to the apprKAotino natuTr of th8 assgts concerrnd and that the Kcount8 comply FRS102 except forthi8 *oriwe. The goin or loss arising on the dispos* of an asset b detern)ined as the drftwence between sale proceed8 •rKI tho raThying value of the aw and re9)g￿￿J in the #atemtyrt of finaTr34 ￿l¥It￿. 1.7 Flxed aJ•et inv•stm•nts Flxed asset Investsnents are ktltlaffy measurnd ot trans8di￿ wice exdu(lTrJ tran8actlon o)sts. and are subsequenty m&%Lred 81 fair value at eath re￿r11r￿j d*e. Chang8$ in falr value are reccgnised in net ir)¢¢ynel{expenthture} for the year. Tran88(aion We expwnsad as i￿1￿￿d. 10- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Accountlng polkbè• IconllDu•d 1.8 Imp•lmient of flxed *M•ts At Q￿h repybrs end date. th& rt*rity revtrws the orryitvJ rnnts of Its tWwjlb￿ assets to d8t8rmlne wt*ther there is any Y￿1catIon Ihat ItK>80 ass8ts have 5uff8r8d an imparrmgnl loss. If any such indulion 8￿sts. the re¢￿ver£ole amount of Ihe a￿et Is estlmaied kn (*der to detemiv* the extsffl of the impainront 1088 {M any). 1.9 st¢xks stocks are stated at It￿ of cost and estim￿ 8ellY¢g price Ioss c0818 to compl8te and adl. Cost compri#e8 threct materio15 gnd, vthere apF4ic&bl8. direct labwr ￿sts and th088 overheadg that have be8n irKurred in brlnging the stocks to th￿r pyesent I￿atIon and condition. held for dlstdbutkm) at no or 1￿MInal cnns1dera￿n aT8 measur8d th& Icthw of reFl¥ement CO81 an(1 c N•t r•81188bl8 y￿￿e 1$ e¥lknated selltng wlce W all ostknth costs of compl•Ih￿ and to b8 In¢urr8d In m8rkdro. ￿111ftg and di*ibution. 1.10 Cish and cmh •qu￿11•￿￿ Cash and cash &]u1va￿nts IrKaLth ¢8sh In harnl. depcdlt• hekl at ¢11 with b8nks, otr￿r short.brni liqjd Investhients wlth orlglnal matLwilie8 ol three month8 (* leo8. WKI bank overdrafts. Ba￿ overdrafts ar• sho￿￿ vlthin borrowngs in ujrrerrt liabilities. 1.11 Flnanclal Instruments The Cha￿tY has eleded to W￿ls1on* {* Sothi 11 '8••K Fvwno•l Instruments. and se￿On 12 'Other Financ4•1 IrAtrum&yth188u•*' of FRS 102 to all of it• fin￿(￿1 in•tfumrAts. Fknandd In8truments are rwilaad In the thrity'8 balanc* 8hé8t th8 tharity bxom88 paty to th8 contractual W￿1110n8 of Iho Instrument. Financial assets and Ilabillllej are off¥el. wlth the net amounts pre8ent•J in Ihe financbal 8taternen18, wthn Ih8r818 a legally enforceable rlght to set off the recognlsed am(yJnts and there is an Intent￿ lo aettle on a net b86b or to wllso the asset and setuo tho lithllty 8lmuttarvJu8ty. 8asl¢ finondal as80ts. IrKILKl& debt(Ys cash and bank balarKa8. are inltlally rmasured at transaction prieè irtlLhJing Iransaclion ¢osts WKI are $Lknwuentty carrie(l at amorti8ed cost uslng the effecllve interest meth¢xI url¢ss thg •rrangemwrt cryBtiluts5 a fingnryrvJ transaction, the transKllon is measured at the Pfesenl vaue of the fuiure re¢eipts di5cwntod at • market rate ol Interest. FinwKSal a8Mts dassified 08 r￿l¥able within yeor oro not wnortioed. Basic fiNncial liabilits•• Basic ffinan￿aI liabililies, IrKludlng crnthlors and bank IDgn8 initlalty rectyNwJ 01 transa¢tw)n pri￿ unl888 the arrw@ement consbtLrt6s a finanong transacticfj. where detrt instrument is mè45uied at thè prèsèrtt value of th• ftrture paYM￿ts di%ounted at a market rate of intere•t. FI￿ne4￿1 lid)iliti88 daB¥ified as payakAe wiknn one ye8r are nol omortised. DO￿ instrumont$ ¥¢ %kns8qu8nlty ￿￿10d * wr¥)rti￿ cort U51ng th8 effgcllve Interest rate mgthod. Trade credftor8 are ct*llgatlons lo pay for gcods or ser41ces that have been a¢qutr¢d in the Ordin￿ ¢ourse of operallons frcth suppllers. Amounts P8yable are dassffied a8 kn'abilities rf pwent 1$ due within one year or less. If not, they are presented as noTrcJJrMI liabilibes. Trade ¢x¢ditors are re¢rynised initially 8t tr*wction Pri￿ Nknsequenlty meawred al amortised cost ￿Ing the eff￿*1¥¢ intwest method. Derecognldon of Ilnand•lllabllltles Finanaal lialm'lrbes are derwni8e(I chaiiws c(¥tra￿l expn cr are discharg•J or (%neefied. 11 OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 JULY2025 A¢¢ountln9 polic1•• (Corrtlnu•d 1.12 Tax•tk>n Tho charmy is exery* from tsx on In¢ome and 9awis faning vthhln 8edlon $05 ofthe Tax88Ad 1988 cr 8ectlon 252 of the Taxation of Chargeable Gain5 Ad 1992 to the extent that aro aFplied to Ils charl1ab￿ obJecl8. 1.13 Employee ben•fft• The ¢ost of any unuaed hollday 01￿￿nt ts rwni8•J in the P8fKyJ n which ts wntheo's a¢rvbx8 8T• re¢elved. Tomiination beneffts are recopysed Im￿￿19ty as an expense *t*8n Ihe (*8rity IB demon8trably ¢ommltted lo termknats the employment of an efflF4oy88 or to promide teThinatM)n bon6fi1$. 1.14 Momb•rn' lo•n• Mamber$' loans we rap8yabl• on d•rn•rKI wwj Ihgrefor• r#)t diyA￿nI•d. th8 trust808 con8lder the repaymonl wthin 12 months of the charrV¥ year end as Lnlikety. •)d have thereth shuhn thom It)￿8, 8mounllng to £12.500. as repayable kn mom than 12 mcnth8 tirm. crftlcal •ccountlng ••lknal•¥ and ludg•m•nts In the applleatlon of th• accountlng po16cl•$. the Irusto05 are requlred to make Il￿geMents, e8llmale8 and asSum￿on$ ab(xrt the carrying ￿Unt of 8898ts army 118bllttb88 that are not rejdily aFparenl frcrfn other Sources. The e8timal•s and asS￿aled a66LMnpbcffi$ are l)48od on historlcal eywrton(¥ and factors that Are eon81dered to l)e relevanl. Actual r88utts may dhyer frtyn estimates. 88lmates and undertylng assum￿rA are on an ongohw basls. Re¥l￿On$ to gccountlr timates are recogni80d In the penod the 06ts'm8te is rev18ed *hore revision thcts (nly that perlod. (x In tho padod of th• and fvtln period# vhw Iho revl8lon both ￿rrent aTrJ futuro pertodj. Crltl¢•lJudg•m•nts Included knithin the accounts are lu&Jements. apart from th08e involvlig 88tOmatSons. m•Je in 8pplying the ch8rity'5 8¢counling FoIKi88 and hawng the most BignrfiGant effect on amounts r¢¢ognised in th8 finandal staiements. Key as8umpkns corttmirwJ firture. and other key #ources of gstlm•tion uncatsinty #l th& en¢J of the reportiw pevlc#J that have a signfficant risk of ￿uSing a malerlal adlustmert to the canying arn￿nts of a$$8ts and Ilatllitles vthln the next fmanrid yoar have be￿ not&1 a8 de&ned no¢os¥ary. Incom• from donallon$ and l•oacl•• Unrtstrktfjd Unrnstrlcled fundg funds 2025 2024 Donation8 and giftg Grants 40,529 23.732 5,000 40.529 28.732 12- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Income from don•tlons and l•gaGI•¥ {Contlnu•d N•t Incomo from Tradlnq Actfvltle8 of Subsldlary The chwity has a *hoUy Owl￿d tradry s￿￿di￿ in¢ry•ted in the UK OCRFC ￿ra￿K)g} Ltd (Company numter 101168301 which covenants 011 its Proffts to the charity by grft aFd. OCRFC (Trading) Ltd provhJe$ bar seThlces on behaK of CovenIri￿8 Rugty FryJU)•ll cl￿1. Th• dwrity ￿tire sharo (apital of I Ordlnary Share of£1 exh. OCRFC (frading) Ltd made • n¢t wofft for the year of £32,589 {2024.. £23.7321 whlth w8¥ fulty donated via gift aid lo Ihe ctsrity tmth r•m8iniry tygregate 8hare ¢awt81 and re8erves of £112024.. £1) ch•rltabl• aclmtl AcUvlll•• from g•n•ratlng fvnd• 202L4 Total su Total from g•n•rati fvnd• 2024 2026 2026 2024 2024 Sub8criptR)r {Playw$ I VP'•l Foc4J l KStchen 200 Club Sponscnhip I Advertl$ing 8o•rd• Mast Hlre Car Park Inc4xno Room Hire Pltch Hire Sale ol ScKl41 V&*8r M8tr1x Lic¢n8e 17,742 17,742 28.279 2.313 18,230 18.230 19,544 10.171 28.2 2.313 19,544 10.171 24,680 11,074 20,3 4,870 24.680 11,074 20.3(NJ 4,870 8,979 11.788 9.962 4,118 3.177 3.559 1.431 8,979 11.7e8 9.982 4,116 3.177 3.559 1,431 Sub8 Property IncLyno- Ouw Resource Shariro Charity Rai￿ng E￿nts 2.216 4.647 2,218 4.647 7.711 2.000 7.711 2,000 19,920 19.920 19.824 19,824 123,168 17,742 140,910 102,260 18,230 120,490 AD•ly$kn5 by fvnd Unrestricted funds 123,188 17,742 140,910 1W2259 18,230 120,489 13- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 In¢om• from othor tradlng xllvlll•8 Unr•strfct•d Unr••trlct•d funds fund• 2026 2024 NoTr¢harltabfe tr*ling acaivits 18 49 Unmtrlct•d Unr••trlct•d funds fund• 2026 2024 Interest fgcdvatAe -14- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Exp•ndStur• on charltabh aclMII•s Rugby Club Rugby Club 2026 2024 Dlre¢t ¢08ts Dopreciat¢)n And Impaimmnt Caterlng costs Rate8 Light & heat Rapalr8 & malntonanc• Kit purcha8e8 & player8 travel Tolephc FLWKtIM$ Bank charrJ•• SurHIry Insuranc• Referae & coathng Advert18 Cleonlng & Physio and firnt a Compeltion fe0• 18.886 45,480 4.625 12.831 38,420 28,217 18.853 44,562 3.771 22.489 30,181 11.495 6,328 11.436 221 9.643 3,533 1.538 2,703 255 8,457 10.289 1,260 7.698 218 9,651 11.826 197.272 172.286 Sh•re of ¥upport •nd govwMnG• Gojts (••• not• ) Govemance 9,383 9,379 206,655 181.665 Analyskn by fund Unreslricted funds 206.655 181.865 N•t mov•mwrt In funds 2026 2024 The net movement h funds Is stated after cfi•rgW{crndttry)'. Fees payable for th? indeperKlert eXamvwli￿ oftho frfwKi statements Deprociation of [Mry￿d tsryilxe tsed a¥¥8ts 2.150 16,866 2,000 18,853 Noro of the trustees (or Wby peT80rn connected *ith le￿Ived any reThwnera￿n or beneffts from the tharty during the year. -15- OLD COVENTRIANS ILF.C NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 10 EmpbyM8 Tho average rnonthty n￿nbfjr of ￿plOYa•S d￿aTra tr* yearwas: 2026 Numb•r 2024 Mumbor Total 11 Taxatlon chaty Is exempt fr(xn ts¥otiM M its acbvitss becau￿ all its iwrr*o18 awl￿d for tha￿tabl8 puw$. 12 Tanglbh flx•d M••ts L•nd•nd Flthm. Total Co•t At 1 A￿Ult 2024 469.888 113,349 583,215 At 31 July 2025 489,8&8 113.349 583,215 D•prnclatlon •nd Impalnnont At 1 Augu812024 Oeprttiation tharged in the ydar 40.(￿4 16.866 40,064 16,888 At 31 Juty 2025 58,930 58,930 Carrylng amount At 31 JLty 2025 469.866 58,419 526.285 At 31 Juty 2024 65.925 535,791 Inve8trn•rt wOpert￿ rented to arother grryjp ertity bggn accamted for tho (X)st model. Th• ¢4rrying value of Inv88kn8rt Incl￿ lar&1b￿ fixed 88gets 15 £469,886 (2024 . £469,886). 16- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEPAEKfs (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 13 Flxod assot Inv••tments Unllstsd Inv88tments Colt or valuatlon At 1 August 2024 & 31 JLty 2025 Carrylng amount At 31 July 2025 At 31 Juty 2024 14 Stock• 2026 2024 Flnl8hed and gcodg re8ae 1,21)0 2,100 16 D•blorn 2026 2024 Amouftts falllng du• wlthln on• ymr Trade debtors knounts OV•pd by subsidiary Lythrtakrys Other debttys Prepayments and ac£rued Income 11,980 33,792 2,685 1.269 8.295 14.843 1,050 1.186 49,728 23,374 16 Crndllor•: amount• falllng due wlthln on• y••r 2026 Deferred income Trade credlt(Ys Accruo16 6.254 22,148 14.077 14.407 2,881 5.087 42,479 22,813 17 Crndltor•: •mounts f•lllng du¢ after morn th•n on• yg•r 2026 12.500 12.500 17- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEmE￿rs (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 18 D•ftrrod Income 2026 2024 6.254 14,407 Defeffed IrKome18 Included ￿ Ihe stateM￿ts as fokThvs.' 2026 2024 Defwr&J incc¥na 18 Current liabilrtles 8,254 14.407 Movements wi the yoar.. Dofeffed Inct)m6 at 1 Au@￿t 2024 Ro19980d from prev6ous peri(*J8 14.407 18,153) 14,407 Defer￿1 Inc(yne at 31 July 2025 8,254 14.407 19 Unr••trlct•d fvnd• The unre8trb¢ted funds of the ch￿ty comwrae the Un9Xp￿*Yea tsa￿1￿￿ of donatlons and grants nol 8uty.ect to Speclnc (%rKlrtion$ by thnLY3 arvj grantors 88 to they may be used. Those indude dèAignated fund8 havo twl Set a81dg *>Jt ol wr¢8triLt•d funds ty Ihe tru8t••* for 8pedftc ￿rp￿88. At 1 August I￿oMIng R•wurGM Tr•n•f• 2024 r••oU￿￿ •xp•nd At 31 July 2020 Fixed As8et Fund Facilrti88 arKI Ru D8vebpment Fund Gemerol fund8 535.791 (16,8e6> 7,360 528,286 59,024 100,000 {14,2481 44.778 100.000 182.903 1189,7891 694.815 182.903 {2tX.655) 871,083 Pr•vk)wJ y•ar: At 1 Augu•t Incomlng Ro•OU 2023 rnAoyrGw •x￿nd•d n¥fern At 31 July 2024 Fixed Asset Fljnd Facllllies an¢J Rugby Development FLVKI General funds 539.098 <18.853) 15.546 535.791 87.216 100.orA) 128.192) 12.646 59,024 100.000 150,166 {162,812} 728.314 150.166 1181.6651 694,815 18- OLD COVENTRIANS R.F.C NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 20 R•lat•d party transactlons Th8Tg wwe no olsdosth rolated paty trans8ctirn8 Iho year (2024. Th)nel. 19-