Charlty numb•r. 1168231 BARNES RUGBY FOOTBALL CLUB UNAUDITED TRUSTEE'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021
BARNES RUGBY FOOTBALL CLUB CONTENTS Page Roferenc• and Admlnl•lratlv• D•tall8 of the Charlty, tts Tru$to•8 and Advl•orn TN8ta•'s Report Indendant Examlnorfs R•port 8tat•m¢nt of Flnanelal A¢tlvltlos 8alanc• Shmt Nolo$ lo tho Flnancl•l 8tatsmfrnl$ 10-21
BARNES RUGBY FOOTBALL CLUB REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2021 Charlty rnglster•d numbor 1168231 Prfn¢lpal offi Queen Ellzabath Wal( London SW13 SUA A¢countants Randall and Pasne LLP Chargrove House Shurdlngion Road Shurdingion Chettenham Glouceslerslmre GL514GA 8ank•r• HSBC S9>599 Fulham Road Londo SW6 SUA 8oll¢ltor• Russell Cook• LLP 2 Putnoy Hin London SW15 6AB Page 1
BARNES RUGBY FOOTBALL CLU8 TRUSTEE'S REPORT FOR THE YEAR ENDED 31 MAY 2021 Th6 Trustees, who are also Directors of th& chadty for the purposes of th8 Cornpanies Act 2006, present their reFN)rt with the financial statements of Ihe ¢harfty for the year ended 31 st May 2021. The Trustees have adopted the provisions of Accountlng and Reporting by Charitles: Statement of Recommended Practice applicable to ¢harilles prepadng thelr accounts in aGcordanG8 vthh the Financ4al Reporting Standard applicable in the UK and Republ1¢ of Ireland (FRS 102) (published October 2019). ObJ0¢tlv•$ and actlvltles Background Bames Rugby Football Club was formed in the 1980,9 as an unlncorporated members club. The Club was subsequenuy recognlzed as a Community Amateur Sports Club by HMRC. The committee of the dub havin9 fully conSided the need for the Club's activities to be ¢onducted through a limited liability entity, registered Charitable Incorporated Organisation with the Charitie5 Commission on 23rd June 2016. Effectlve immediately on that dale all assets, liabllilles and act¢vities of the forner club were transferred to the new entlty. Effective that date the fomier unincorporated members club ¢8ased to exlst. Thi$ report Ss therelore the fourth presented by the truslees ObJ•ctlves and alms Th8 chariws objectlves are lo promote Community parlicipallon In healthy Tecroation by the provlsion of faciliti8$ and inclusive environment for all ages and genders for the aying of rugby union football. and also to promote any purpose Ihat15 charftable according to the laws of England and Wales. Actlvltles Senior Rugby Coaching and trainlng sbx senior teams of wgby players, both male and femal8. and the Plang of matches in various leagues, both local and national. Coaching and training of age-related team5 of rugby players boWn Ihe ages of 13 to 18. and the playing of matches in varlous local leaguès. Coaching and training of several age-relaled teams of rugby players from the ages of 6 to and the playing of mini rugby in lo¢al matches and toumamenls. Youth Rugby Mini Rugby 12. Publlc benefflt The Tnjstees confirm that they have referred lo the guidance contained In the Charity Commlsslonels general guidance on public ben•fit when reviewing the Charitys aims and objKtlves and in planning future adviiles. The Trustees a satisfied that the charity meets the required publlc benefit test through its objectivos and actlvllies. Page 2
BARNES RUGBY FOOTBALL CLUB TRUSTEES REPORT (copmNUED) FOR THE YEAR ENDED 31 MAY 2021 Achievements and p•rfomiance Charltablo actlvlties The 2020r21 $easonlyear was abandoned before comm&n¢ing in respect of all fomial competitions leavin9 nbY to be pia)Ed as arKI when it Could in a variety of fomats not ontirely altra¢tive to the majority of partlcjpanls. That said each section ensufed Ihey remained p)sitiV8 and engaged by organising a range of events and ¢>)mmunlty initiatives. Oespite the crippling rn5triclions ts juntor section 1xtinueS to adVae wlih higher numbers of attendees lo take advantage from the coathing and dub tsulities. al of whth have a growing reputation. The large and growing number of enthusiastr voluntows run the dub arKI engage so professionally contlnues lo pul Bames RFC in an emiable rM)5ition. The engagenl of all wt¢pants wa$ truty Inspirlng. In additM lo the playing side. and as a resull of grtrlth of th8 dub, the upade of the cjubs on field and off fidd fauliti8s have continued to make it more accessible. usable and more attractive to the local communty. as well as provtdirvJ sustainable farAlitbes for Bames RbY Football Club for many years to come. ¢ovld-19 The greatest Impact on the dub of tho Covw&19 paNlemrc was the preVioY reported k>ss of a muth loved membèr Gary Garrett who u)ntract8d the vints and ts3ic4ty passed away followlng a short battle. The galvanlzing effect on the dub was truly memorale and over £150.000 was raised for NHS Charities through a wortd wlde weighdifbng initiative. The reath. lorKJevity and impact of the initiative was truly exc6pth)nal. Additionally the dub utllized Its c¥lefing facilities and volunteers to provide free meals to NHS staff at St Marfs hospital, RoehamptM. Ovw 50 meals were provided one day a week through the 5umrner and autumn of 2020 to a truly thankful medi¢al staff. The lockdowns have perversdy had a r)sblive effect on the volunteer base with a large number of members engaging in a large range of club and wider communty Fffoiects. The lack of arAivty for many members posed $3nificant physicaf and mental health risks LMJt the communty creat6d a range of innovatlve activities to keep mernbers active and conne0d. Flnanclal revlew Golng con¢orn After rnaking appropriate erquiries. the Trustee have a reasonable expectaticm that the Charity has adequate resources to continue in operational exÉstence for ts fOseeable future. For this reason. they continue to adopl the going ¢oncem basis in preparing the finan¢ral 51atements. Further details regarthng Ihe adoption of the golng con¢em basis can be found in the accounting FwJlioes. Page 3
BlNEs RUGBY FOOTBALL CLUB TRUSTEE'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021 Ro8eNe• pollcy It is the de¥ired polky of the board to ¢reate sufficient reserves to enable th8 futuro stsblllty and enhancement of the club an¢J its falItieS. The Trustee$ alm to hdd liquid cash fvnds betrween £15,000 and £SO.000. The dub has a limited cost base and feels thls reserve adequate. Thero is often a bullding of reseryes toward$ the end of the financlal year as a result of a large ¢a$h generative function in the final quarter of the financial year. During the dose season months the reserves deete lo the target levd. Durlng the pandemlc the reseples pdlcy was on6 of cash wesep•ation but not at tho Cost of (x>ntlnued Investment In ¢08ching. A whoNy owned tradlThJ subsidlary (Bom TradiThJ Llmlled) manages Ihe dubhouse operatlons. where avallable profits arn remitted to the dub by charltth donatlons. The results of the tradlng 8ubskllary aro disdosed withln note 7 of Ihe Ilnancial ststements. Prfn¢lpal fibndlng •ourc•• Durlng the year under reylew the dub has prlncolly be8n funded by mombershlp 8ub8crlptlons. Porsonal don8Uon8 and sponsorshlp from Indmduals and buslness88 ¥Athln tha local communlty In whlch It OPorat•s wor8 8lgnwlntIY reduced due to the limited 8ctsvty. The club has recordod o loss for the year but 8111 has strong reswo8 bullt over a number of years. InvMtm•nt pollcy and obJecllv•• The Tru8te8s have the pmr to Invest tho dub's a$89ts In any way Ihoy 800 fft. Th8 dub's funds are currenly kept in rrent and daposlt a(ounts. lo be readlly avallable 8t short notlce. The mlnim81 Inte$t eamed Is thus govemed by the 9¥81 Internsl rates available. The TN8ieas do not wlsh to Invest Ihe club's funds in any olher markets 81 Ihls time. Covld-19 The dub h88 boen fortunate In Ihat It has very fixod costs and the pandemlc forced a total Shutdown11 was able to elimlnate the malority of plarj and operallng cSts wfinst a the same tlme malntslnlng Its subscrfption income wth very lew rnembers thoosing to ¢anrnl their subscriptlons. The finan¢lal cornmltmenl to coa¢hing was not overfy restricied as it was felt that providiThJ hh qualty coachlng when posslblo was Important io the wellbeing of all partKipants. The dub did avall ltsell ol a modest local authority grant but other Ihan that has boon enlrely Self sufflclenl and the Trusleos feel very confident that as Ihe sport ernerps from kM*dthYns and other reslrictlons11 is well placed to conilnue its thriving activitss. Page 4
8ARNES RUGBY FOOTBALL CLUB TRUSTEE'S REPORT (CONnNUED) FOR THE YEAR ENDED 31 MAY 2021 structur•i gov•man¢o and management Gov•mlng docum•nt The charity Is a company Ilmlted by guarantee. wvomed by IL8 Memorandum and AttKles of Assoclallon. M•thod• ol appolntm•nt or •lecllon of TNst•• Existlng Trustees Invlte potential new Trustees to join the Board Trustees. having regard to the relevanco of their experlence to the work ol tho charfty. and the management need of the charity. Org•nl•allonal •tructur• The day to day managemenl of the dub has been delegated io Ihe op8railonal commlttee who meet on a perlodlc ba81s, but not less than quartefty. The Commlttee are ovefseen by the Board of Tru$loe8, who meet al least once per calendar quarter. 8tat•rn•nt of Tru•t••'8 r•8ponslblllll•8 The Trustee are rnsponslblo for proparfNJ tho Tnth'8 Rawt tho Ilnand81 stalemenl8 In occord8nco wlth 8pplkabl6 law and Unlled Klngdom Acc(nI1n0 Si8rMl8nls {Unlted Klrodom Generally Accepted Accountlnp Pr8Ctice). Th8 law applicable lo tharllles In Enand & Wales rowires Trustee to pr¶ ffinanclal stalemenls for each flnanci81 year whlch glve a true and fair vlew of the stat8 of affalrs of Ih8 Charity and of its incoming resources and appllcallon of rosources. indudlng Ks InCOff and expeThJiture. for that period. In preparfng Ih8$e financial statements, the Tru8tae are requlred to: solecl suitable accounling Fdlcles and then apply them c4)n8lstenty. observe the methtsjs and prfnoples of the Chartlles SORP (FRS 102); mak& judgments and accounting estimates thal are reasona8 and prudent; state whether applicable UK ArUnting Starards (FRS 102) have b88n followed. 8ublect to any materlal departures disclosed and exF4alned In the financial stalemgnts., prepare the financial slatements on the golng nCern basis unless tt is inapproprtate to presume that the Charfty wlll o)nlrnue in l)usiness. The Trustee are responslble for keeprng adequate 8mntiTrJ records that are $ufficienl lo show and explaln the Charltys transa¢tion$ and disdose with reasonable accuracy at any timo Ihe financial poslllon of the Charfty and enable them to ensure that the financial statements comply with the Charlties Act 2011, the Charlty (Accounts and Reports) RegUlaonS 21i08 and the provIOn8 of the Trust deed. They are also responsible for 88feguardlng the assets of the Charlty and hence for taking reasonable steps for the prèvention and detoction of fraud and olher Irregularflles. Approved order of the ber8 of the board of TnJste8 on 30 November 2021 and 81gned on thelr behalf by. Page 5
BARNES RUGBY FOOTBALL CLUB INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MAY 2021 Independent Examlnerfs Report to th• Twstee d Bamts Rugby Foothall Club fth• Charl I repcyt to the charity Trtlee on my examinatvJn ofthe a¢(a)thts ofthe Ch¥ty for the yaar ended 31 May 2021. Responslbilltl•s and 8asls ot Report As the Trustee of the Charity are responsible for the preparalK*) of Ihe accounts in accordance wtlh th8 regUlMentS of the Charities Ad 2011 {Yhe 2011 Att I report in respect of my examlnation of the Charitys ac¢>)unts carried out under sertion 145 of the 2011 Act and in caryng out my examination I have folkywed the aP1¢ae Olrecbons gNen by the Charity Commlssion under section 145151{b) of the 2011 A¢L Independent Examlnefs Statement Your attention is drawn to the fact Ihal Ihe C1ty has wepared the accounts in a¢wd8nce wlth Accounting and Reporting by Charities: Statement of Recommended Practi(x applicatde lo charities preparing their a¢¢ounls in accordance with the Flnancial Re[ing stand applicable In the UK Republic of Ireland IFRS 102) in preference lo the Accounting and Reporting by Charitles: Statement of Recommended Practice issued txt 1 April 2005 which is referred to in the extant regulations bul has been withdrawn. l understand that Ihis has been done in order for the atcounts to provKle a true and fair view in accordance with the Gonerally Accepted Accxjunting Pra¢lic8 effective for reporknng pgrkxl$ beginning on or after 1 January 2015. I have ¢teted my examlnation. I confimi that M matters havo come to my attention in (x)nne¢tion with th8 examination giving me cause to believe that in any malerial respect accounting records were not kept in re5po¢1 of the Chartty as requred by secllon 130 of Ihe 2011 Actr, or the accounts do rt accord with those rerds. or the accounts do nol comply with th8 applithle requlrements concemwwj lh8 fom) and content of accounts set oui In the Charibe$ {A¢counts and Reports) Regula1v$ 2008 Other than any requirement that the aCcUnts gNe a and fairf is a matter considered as wt of an Independent exarnination. I have no c4)ncems and have come across no other matters in nneCtIOn wilh tha eXaminatV to which attention should b8 drawn In thts report w) order to enaila a proper LderStandIng of the accounts lo be reached. Page 6
BARNES RUG8Y FOOTBALL CLUB INDEPENDENT EXAMINERS REPORT (coKllNUED) FOR THE YEAR ENDED 31 MAY 2021 This ffjport is made sowy lo Ihe Charitys Twstee. as a body. in &cordance with Part 4 of Chariti8s (Accounts and Reports) Regulations 2008. My vnrk has been undertaken so that I might stale lo the Charitys Trustee those matters l am required to stste to thern in an Independent Examinerfs Report and for no other purpose. To the fullest extent permitted by law. I do not accept or assume responsibility to anyone other than the Charity and the Charivs Twstee as a ty. for my work or for this rep)rt. Swned: Dated: 2 December 2021 Ryan Moore CA Randall & Pa6 LLP Shurdinglon Road Cheltenham Gloucestershire GL514GA Page 7
BARNES RUGBY FOOTBALL CLUB STATEMENT OF FINANCIAL ACTIVITIE8 FOR ThE YEAR ENDED 31 MAY 2021 Unrn$trl¢tsd funds 2021 Total funds 2021 Tolal funds 2020 Income from: Donaty'ons and legadas Charitable acllvltles 39.973 99,133 39,973 99,133 216,430 107.779 Total Incomo Exp•ndlture on: Charllable a¢tivitt88 139,106 139,106 324.209 185,821 185,821 307,940 T)tsl •xp•ndltur• 185,821 185,821 307.940 146,715) (46,715) 16,269 Net mov•m•nt In fund• Reconclllatlon of funds: Totsl funds brought forward Net movement In fund8 137,884 (46.715) 137,884 146,715) 121.615 16,269 91,169 91,169 137.884 Total fund8 ¢arrl•d ft>rward The Statement ol FSnancl81 Actlvlles Indude8 all galns and h)sse8 recognt8ed In the yaar. The notes on pages 10 to 21 fwm part of th080 finan(l statements. Page 8
BARNES RUGBY FOOTBALL CLUB BALANCE SHEET AS AT 31 MAY 2021 2021 2020 Flx8d assets Tangibl8 assets Investments 11 12 13,728 1.422 13,729 1.423 Current assets Debtors Cash at bank and in hand 13 5,186 94,601 44.303 99,160 99,787 143.463 Credltor8,' amounts falllng due within one year 14 122,347) (7.002) Net current assets 136.461 Total assets less current Ilabllltiè8 91,169 137.884 Nel asse1$ oxdudlng pon$lon asset 91,169 137.884 Totsl net aets 91,169 137,884 Charlty funds Restricted funds Unrestrictod funds 17 17 91,169 137.884 Total funds 91,169 137,884 For the year endlng 31 May 2021 the Company was entltled to exemplton from audit under $6ction 477 of the Companles Act 2006 r&lating lo small companies. The membèrs have not required the Gompany to obtain an audit of it5 aGGounts for the year in question in accordance with section 476. Tho directors a¢knoedge their responslbllity for mplng with th8 requirements of the Act Yth respect lo accounting rocords and for the pparatioft of the a¢¢ounts. These account8 have been prepared in accordance with the provlsions applicable to companles subject to the small Companies, regime. The financi81 statemonts wer6 approved authorised for issue by the Trustee on 30 November 2021 and signed on their bghalf by. The notes on pages 10 to 21 fomi part of these financlal statements. Page 9
BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 General Infomiatlon Bames Rugby Foott)all Club is a charitable cunpany limited by guarantee and 1$ int>)rporated In England and Wales. The registered offKe address and wincipal place of bune$S is Que Elizabeth Walk. London, SW13 9SA A¢¢ountlng pollcles 11 Basls of preparatlon ol financlal statements The financial statements have beon prop¥&l kn a(XA)rdance with ihe Charities SORP (FRS 102) . Accounting and Reporfing by Charities: Statement of Recommended Practice applicable lo charitie5 preparing their accounts in accordance ith the FIrnal Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019). the Flnandal Reporting Standard applicable In the UK arKI Republic of Ireland {FRS 102> and the Charilles Act 2011. The finanaal statements have been wepared to give a and fairf view and have departed from the Charilies (Accounts and Reports) Regulation$ 2008 only lo th8 extent required lo provlde a 'lrue and fairf ew. This depat1ure has Invofved fc4lowiNJ the Charities SORP (FRS 102) publlshed in October 2019 rather than the Accountiro and Reporting by Charities: Ststement of Recommended Practice effective from 1 11 2005 which has since been wilhdrawn. Bames Rugby Fwlball Club meets the definition of a public benefft entity under FRS 102. Assgts artd Ilabilities are initially recognised at histori(£l )St or transacb(m value unlèss otherwise slated in the releva a(xounting policy. 2.2 Income All income is recognlsed ijnce the Charity has enliuement to the inccme, it Is probab16 that the incorne wlll be receNed and the amount of inc4)me r1Vable can be measured lIably. 13 Expondlture Expenditur8 is rewgnis8d onco there is a legal or o)nstructive oblb3atk¢n to transfer economi¢ benefft to a third paty. it is wobable Ihat a trarfer of ec4)nomic beneffts WNI be required in setuement and the amount of the oblvJalI be measured liably. Expenditu is cLqssified by 8clivity. The costs of each acbwty are made up of the total of dire¢i cosis and shared costs. indudin9 SUPPOrt costs invow in undertaking eath aclivlty. Direct costs attributable to a single 8ctivity are allocated directy to that a¢ty. Shared costs which contribute to more than one activity end support costs whtth are nol attrbulable to a single acbvity are app)ed belween those adivities on a bass ¢onsistent with the use of resources. Central stsff costs are alk¢ated on the basis of time sp8nL and depredthn charges allocated on th8 FJ1ion of the asset's use. Expenditure on charitable aclfvitles is [red on direcuy undertaking the ac11eS whith fvrther the All expendiiure is indusive of Irrecove VAT. Page 10
BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEIAENTS FOR THE YEAR ENDED 31 MAY 2021 ¢ountlng pollcles IntInu•d) 14 Tanglbl• flxod au•ts and d•pr•¢latlon Tanglble fixed assets costiw £NIL CK mtye are capiL1$0d armj recognised when future economlc bemfits we probabi¢ and the (x)st or value of the asset can b8 measured rellably. Tangible fixed assets are initlalty rery)gnised at tst. After renE1}n. under the cost rnod81, tangible fixed assets are m6asuffjd ot ¢osl less accumulated depwiatlon and any accurnulaled Impairment 10s$6$. All costs IncU8d to ftg a langlWe fixed asset into its intended worklng condltlon Should induded In the measurement of cosL Oepredatlon is tharged so as to allocale the cost ol tsnglble fixéd 88sets1888 1r rnsldual valuo over Ihdr 0s1Smated Use Ilve8. u8lw th8 straWt4ho melhod. Depreciallon Is pro%rfd6d ¢)n the follrmlro b891s: Floodllghts 33% Straight Ilne 15 Inv••tm•nts Flxed as88t Investmanls are a lomi of fin8nclal Instrument and are initially racognlsed 81 thalr tr8ns8clion cost and subsequenlty measured al fair value al the Balance Sheet data. unless ltrhg valua cannot be measur8d reliably in whith ¢aso 51 is measurod al ¢osl1oss impairment. Inveslmenl galns and lossas. whalh¢r realised or unreallsed. arn comblnod and prosent8d 8$ 'Gain$l(Lo8891> on Investments. In tha Slatemenl of Financaal Activitl85. 2.6 D•btorn Trade and other deblors are recognised at the settlem&nl amount after any trade dlsctsunt offerad. Prnpaymenls are valued at the amount prepaid nol of any trade dwJnts due. 17 Cash at bank and In hand Cash at bank and In hand indudes cash arKI short-term hhty Ilquld investments with a short malurfty of thffje monlhs or 18ss In)m the date of a¢wl$lllon or openirKJ of the deposll or slmNar accounL 2.8 Uablllll•s and provlslons Llabilities are recognised when there is an obligatknn al the 8alan¢e Sheet dale as a result of a past event. it is probable that a transfer of economic benefit w1 be required 8ettlemenL and the amount of the seldement can be eslimat6d rdiably. Uablllties are ro¢ognis8d at th8 amount that the Charity an1Pate$ll will pay to settle the debt or the amount It has receivod a$ advanced p8yThents for the goods or services il mu$l provida. Provisions are measured at best esomale of tho amounts roquired to settle the obligation. Where the effect of the tlme value ol money is material. the provision is based on the present value of those amounts, dlscounted at the prtrtsx discount rate that reflects the risks specific to the liability. The unwinding of the discount Is recognlsed In the Stal•m8nt of Finoncial Activities as a finance cosL Page 11
BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 Accountlng poll¢1 (contlnuodl 2.9 Flnanclal Instruments The Charlty only has financlal assets and finandal llabIlla8 of a klnd that quallfy a8 baslc flnancial Instruments. Basic flnancial Inslrum6nts aro Inlllalty re¢ognl$ed at Ir8nsactlon value end subsequently measured al Ihelr settlement value with tho 6x¢option ol bank loans whlch arè subsequently measured 8t amorUs8d cost using the effectlv8 Interest melfvJd. All debtor and credltor balanc88 are consldered to be ba81¢ finandal Instruments under FRS 102. 2.10 Fund a¢countlng General funds are unresld¢led funds whlth are availab18 for use at the dl8cretlon of th8 Trustee in lurtherance of the 96neral obJ8cUv8s of Ihe Charfty and whlch have not been deslqnated for other purposes. Crltlcal accountlng 08tlmaloA •nd ar•a8 olJudgm•nt There are no key 888umptlon8 concernlng the fvtur8 and other key 8ource8 0108llmalion uncertalnty at Ihe reportlng d810 th81 have 8 signific8nl rlsk of causlng a malerlal adju8tmant to the ¢8rrylng amounts of assets and Ilabilities wilhln next financial year. Incom• from donatlon• and legael•• Unro8trlct•d fund• 2021 Total funds 2021 t>on8lions Sncludlng glft ald 39,973 39.973 Unrestrfcted fund8 2020 Total funds 2020 Donallons Includlng glft ald 216,430 216,430 Page 12
BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 Investm•nts: Subsldlary undgrtaklng The Charity has a wh1 trading subsvjiary undertaken. Bamow Trading Limiled. a company registered in England aTKI Wale$ {istered no 10300228). The principal activity of the company is the provision of sports acttvitses. The charity OWr the entire issued share capital of 1 ordlnary share of £1. A summary of the results of the subsKJiary 15 shown bek)w. The results of the subsidlary are not nsolidated in these finandal ststements as th8 aggregate iio)me of the group is under £1m. Pioftt and 1055 account Tumover Cost of sales Gross F¥offt Administration expenses Interest receNatle Other operatin9 income Profit before taxation Taxon profft (Lossy Ftofrt after tsyation 2021 2020 96.486 246284 40.878 136.458 55.608 109.826 56.360 131259 392 21240 299 315 16 8.246 7,494 Balanco 08¢ Fixèd assets Current assets Creditors due within one ar Total assets less current liats-lrties 10.085 15.859 4,684 21,260 11.444 6.372 4.051 13.765 Called up thafe ca1 Retained wofrt and Ioss account Sharèholders. funds 21.259 21.260 13.764 13.765 Incom? from charltable actlvltl•s Unr¢$triGtgd funds 2021 Total funds 2021 Players subscriptions Bank Interest 99.130 99,130 99,133 99.133 Page 13
BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 In¢om• from charltable actlvltlos (¢ontlnued) Unrestricted funds 2020 Tolal funds 2020 Players subsrlptlons Bank Inlerest 107,656 123 107,656 123 107, 779 107,779 Anatysls of expendfturn on Gharftablo actlvltles Summary by fvnd type Unr•$trlcted funds 2021 Total funds 2021 Direct and support costs 185,821 185,821 Unrestiicted funds 2020 Total funds 2020 Direct and support costs 307,940 307,940 Analysls of expendllure by a¢tfvitle8 A¢tfvltles undertaken dlreclly 2021 Support costs 2021 Totsl fund5 2021 Direct costs 179.716 6,105 185,821 Page 14
BARNES RUGBY FOOTBALL CLUB NOT&8 TO THE FINANCIAL STATEMeNTS FOR THE YEAR ENDED 31 MAY 2021 Analysls of expendlture by actlvftles I¢onllnu) Activit$ undertaken diTr¢dy 2020 Support Tolal funds 2020 2020 Dire( costs 295,068 12.872 307.940 Analysls of dlreGt Gosts Totsl funds 2021 Dlrect costs 2021 Staff ¢xJsts Pitch hire Coaching Physiotherapy Laundry Depreclalion Other direct costs Playng kit and equipment 1rrecoveraEe VAT 27.954 21,749 67.374 4.801 2,520 5,343 19.601 24.774 5.600 27,954 21.749 67.374 4.801 2,520 19,601 24.774 5.600 179.716 179,716 Page 15
BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 Analyslg of expendltur• by a¢tlvlll•s {contInd) Analysls of dlrect costs (conlinuod) Tolal funds 2020 Dirn¢t costs 2020 Staff costs Travd and accommodation Pitch hire Coaching Physiotherapy Laundry Depreciation Toumament costs Other direct costs Playing ktt and equipment 32.065 19.648 31.893 68,218 30,398 13,478 76,998 32,065 19,648 31.893 68.218 30.398 13.478 16.998 li 7,589 42,317 32,464 42,317 32,464 295.068 295.068 Analysls of support costs Support costs 2021 Total funds 2021 Other support Costs Acojuntancy and Indepdent examinalion Bank tharges 349 4,300 1.456 349 4,300 6.105 6.105 Page 18
BARNES RUGBY FOOTBALL CLUB NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 Analys1• of •xp•ndlluro by actMtIM (continued) An•tysh of Support costs (conllnu•d) Total lunds 2020 Actmlies 2020 Othor support costs Accountancy and Independent exarninatM)n Legal and prole8sk)nal Bank charges 7.233 1,831 3.31)0 7.233 1,831 3,300 12.872 12.872 Ind•p•nd•nt •Mmln•f8 r•mun•ratlon 2021 2020 Fa08 pay&ble lo tho Charivs indepondent examlner ftjr th8 Independent •X8mlnatlon of the Charws annu81 accounls 2,000 1,000 10. TnMt••'• r•mun•rntlon and •xp•nvs Durlng tho &*ar, no Trustees recefved any rernunerallon or other benellts (2020- £NIL). Durfng the year ermled 31 May 2021. no Twstee exper have been Incurred (2020- £7.797). 11. Tanglblo flxod a8••t• Plant and machlnery Co•t or valuatlon Al 1 June 2020 Additions 51.000 17,650 At 31 May 2021 68.650 Pag9 17
BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 11. Tanglbl• flxed assets Icontlnuad) Pknntand m•¢hln8ry Depreclatlon Al 1 June 2020 Charge for the year 49,578 At 31 May 2021 54,922 N•t book valuo At 31 May 2021 13,728 At 31 May 2020 1.422 12. Flx•d 4•Mt Investmont8 Tr•d• Inva•tm•nts Co•1 or valuitlon At 31 May 2021 N•t book v•lu• Al 31 May 2021 A131 Mey 2020 Page 18
BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 13. Debtors 2021 2020 Due withln one year Tmde debtors VAT repayable Prepayments and accrued income 780 11,429 32,694 5,186 5,186 44,303 14. Creditors: Amounts falling due within one year 2021 2020 Trade creditors Amounts owed to group undertakings Accruals and deferred income 3,987 10.078 8.282 7,002 22,347 7,002 15. Flnancial Instruments 2021 2020 Financial assets Financial 8ssels measured al fair value through income and expenditure 94,601 99.160 Financial assets measured al lair value Ihrough income and expenditure comprise... 16. Key Management Personnel & Related Parties The key management personnel of Ihe Charity comprise the Trustees I"Direclors" for the purposes of the Companies Acll- Truslees received no remuneration. Trustees expenses incurred during the period lotalled £nil to nil Trusless. relating lo travel and subsilence12020.. £7,797 to 1 Trustee). Christy Pickering, the wife of Andrew Pickering, a Trustees was paid £NIL in the year {2020'.£2,3251 in her role as Fixture and Administration Secretary. During the period the Charity received £21,529 in donations from ils Trustees 12020.'£172.952). No conditions were attached lo these donations which required Ihe Charity lo aller the nature of any of Ihg existing aclivilies.
8ARNES RUG8Y FOOTBALL CLU8 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 17. 8tstoment of fvnds Statement of fvnds - curr•nt y•ar Balan¢• at 1 Jun• 2020 Balance Income Exp•ndlturo 31 May 20: Unreitrlctod funds General Funds 137.884 139.106 (185,8211 91,11 8tal•m•nt of fvnd• - prlor y•ar Balance at 1 Jw70 2019 Balance, Incomo Ewndlture 31 May 20 Unr•strld•d funds General funds 121.614 324.210 (307.940) 137.88 18. summary offund• Summary of funth . curr•nt y•ar Bal•nc• at 1 Jun• 2020 Balanco a Incom• Exp•ndfturo 31 May 202, G8neral funds 137,884 139,106 (185.821) 91,161 Summary of funds - prfor year B8lance 81 l June 2019 Balance Income Expenditure 31 May 202( General fvnds 121.614 324.210 (307.940) 137.884 Paga
BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 19. Analysls of net assets between funds Analysls of net assets between funds- current year Unrestrlcted funds 2021 T¢)tal funds 2021 Tangible fixed assets Trade investments Current assets Creditors due within one year 13,728 13,728 99,787 122,347) 99.787 (22,347) Tolal 91.169 91,169 Anatysls of net assets between funds- prlor year Unrnslricled funds 2020 Tol81 fvnds 2020 Tangible fixed assets Trade inv•stm8nts Current assets Creditors due within one year 1,422 1.422 143,463 (7,002) 143,463 (7.002) Total 137,884 137,884 Page 21