**Charity number: 1168231**
## **BARNES RUGBY FOOTBALL CLUB**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MAY 2022**
## **BARNES RUGBY FOOTBALL CLUB**
## **CONTENTS**
||Page|
|---|---|
|**Reference and Administrative Details of the Charity, its Trustees and Advisers**|1|
|**Trustees' Report**|2 - 5|
|**Independent Examiner's Report**|6 - 7|
|**Statement of Financial Activities**|8|
|**Balance Sheet**|9 - 10|
|**Notes to the Financial Statements**|11 - 22|
## **BARNES RUGBY FOOTBALL CLUB**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2022**
|**Trustees**|M Whitfield, Club Chairman|
|---|---|
||D Doonan|
||AJ Pickering|
|**Charity registered**
**number**
1168231
**Principal office**
Queen Elizabeth Walk
London
SW13 5UA
**Accountants**
Randall and Payne LLP
Chargrove House
Shurdington Road
Shurdington
Cheltenham
Gloucestershire
GL51 4GA
**Bankers**
HSBC
593-599 Fulham Road
London
SW6 5UA
**Solicitors**
Russell Cooke LLP
2 Putney Hill
London
SW15 6AB||
Page 1
## **BARNES RUGBY FOOTBALL CLUB**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MAY 2022**
The Trustees, who are also Directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st May 2022.
The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (published October 2019).
## **Objectives and activities**
## **Background**
Barnes Rugby Football Club was formed in the 1980’s as an unincorporated members club. The Club was subsequently recognized as a Community Amateur Sports Club by HMRC. The committee of the club having fully considered the need for the Club’s activities to be conducted through a limited liability entity, registered a Charitable Incorporated Organisation with the Charities Commission on 23rd June 2016. Effective immediately on that date all assets, liabilities and activities of the former club were transferred to the new entity. Effective that date the former unincorporated members club ceased to exist.
This report is therefore the fourth presented by the trustees
## **Objectives and aims**
The charity's objectives are to promote community participation in healthy recreation by the provision of facilities and inclusive environment for all ages and genders for the playing of rugby union football, and also to promote any purpose that is charitable according to the laws of England and Wales.
## **Activities**
Senior Rugby - Coaching and training six senior teams of rugby players, both male and female, and the playing of matches in various leagues, both local and national.
Youth Rugby - Coaching and training of age-related teams of rugby players between the ages of 13 to 18, and the playing of matches in various local leagues.
Mini Rugby - Coaching and training of several age-related teams of rugby players from the ages of 6 to 12, and the playing of mini rugby in local matches and tournaments.
## **Public benefit**
The Trustees confirm that they have referred to the guidance contained in the Charity Commissioner’s general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities.
The Trustees are satisfied that the charity meets the required public benefit test through its objectives and activities.
Page 2
## **BARNES RUGBY FOOTBALL CLUB**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2022**
## **Achievements and performance**
## **Charitable activities**
The 2021/22 season saw a return to rugby across the club, with the focus being on the pitch as opposed to off it. We embarked on a campaign to raise £40,000 to facilitate the building of an outdoor activity centre and trim trial around the pitches opposite the club where our Minis and Junior players play every weekend (Barn Elms Sports Trust – “BEST”). We thought we might raise this in one season, but the reality is that there was some charity fatigue within the club which meant it took 18 months to raise the full amount. In the end, we finalised the amount needed at the annual lunch which paved the way to install the equipment in late August 2022.
The facility is for the community of Barnes to use, as the BEST pitches are open to the public. In addition, it is open to all the local schools that use the BEST pitches during the week. It is built out of reclaimed seasoned wood and will last for many years to come.
## **Financial review**
## **Reserves policy**
It is the desired policy of the board to create sufficient reserves to enable the future stability and enhancement of the club and its facilities. The Trustees aim to hold liquid cash funds between £15,000 and £50,000. The club has a limited cost base and feels this reserve adequate. There is often a building of reserves towards the end of the financial year as a result of a large cash generative function in the final quarter of the financial year. During the close season months the reserves deplete to the target level.
A wholly owned trading subsidiary (Barnow Trading Limited) manages the clubhouse operations, where available profits are remitted to the club by charitable donations. The results of the trading subsidiary are disclosed within note 5 of the financial statements.
## **Principal funding sources**
During the year under review the club has principally been funded by membership subscriptions, personal donations and sponsorship from individuals and businesses within the local community in which it operates. The amounts raised matched the levels achieved pre the pandemic.
The club has returned to surplus and has built up previously depleted reserves.
## **Investment policy and objectives**
The Trustees have the power to invest the club’s assets in any way they see fit.
The club’s funds are currently kept in current and deposit accounts, to be readily available at short notice. The minimal interest earned is thus governed by the general interest rates available. The Trustees do not wish to invest the club's funds in any other markets at this time.
Page 3
## **BARNES RUGBY FOOTBALL CLUB**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2022**
## **Covid-19**
The club has been fortunate to emerge from the pandemic in reasonable financial health. The club has very few fixed costs and when the pandemic forced a total shutdown it was able to eliminate the majority of playing and operating costs whilst at the same time maintaining its subscription income with very few members reducing their payments. The financial commitment to coaching was not overly restricted as it was felt that providing high quality coaching when possible was important to the wellbeing of all participants.
## **Structure, governance and management**
## **Governing document**
The charity is a company limited by guarantee, governed by its Memorandum and Articles of Association.
## **Methods of appointment or election of Trustees**
Existing Trustees invite potential new Trustees to join the Board Trustees, having regard to the relevance of their experience to the work of the charity, and the management need of the charity.
## **Organisational structure**
The day to day management of the club has been delegated to the operational committee who meet on a periodic basis, but not less than quarterly. The Operational Committee are overseen by the Board of Trustees, who meet at least once per calendar quarter.
Page 4
## **BARNES RUGBY FOOTBALL CLUB**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2022**
## **Statement of Trustees' responsibilities**
The Trustee are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustee to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustee are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgements and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustee are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustee on 17 December 2022 and signed on their behalf by:
................................................ **M Whitfield** Chairman
Page 5
## **BARNES RUGBY FOOTBALL CLUB**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MAY 2022**
## **Independent Examiner's Report to the Trustees of Barnes Rugby Football Club ('the Charity')**
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 May 2022.
## **Responsibilities and Basis of Report**
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent Examiner's Statement**
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Page 6
## **BARNES RUGBY FOOTBALL CLUB**
## **INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2022**
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's 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 Charity's Trustees as a body, for my work or for this report.
Signed: Dated: 5 January 2023 Ryan Moore CA
Randall & Payne LLP Shurdington Road Cheltenham Gloucestershire GL51 4GA
Page 7
## **BARNES RUGBY FOOTBALL CLUB**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2022**
|**Note**
**Income from:**
Donations and legacies
4
Charitable activities
6
**Total income**
**Expenditure on:**
Charitable activities
7
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2022**
**£**
**209,551**
**129,477**
**339,028**
**314,913**
**314,913**
**24,115**
**91,169**
**24,115**
**115,284**|**Total**
**funds**
**2022**
**£**
**209,551**
**129,477**
**339,028**
**314,913**
**314,913**
**24,115**
**91,169**
**24,115**
**115,284**|_Total_
_funds_
_2021_
_£_
_39,973_
_99,133_
_139,106_
_185,821_
_185,821_
_(46,715)_
_137,884_
_(46,715)_
_91,169_|
|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 11 to 22 form part of these financial statements.
Page 8
## **BARNES RUGBY FOOTBALL CLUB**
## **BALANCE SHEET AS AT 31 MAY 2022**
|**Note**
**Fixed assets**
Tangible assets
11
Investments
12
**Current assets**
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within one
year
14
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset**
**Total net assets**
**Charity funds**
Restricted funds
17
Unrestricted funds
17
**Total funds**|**39,739**
**128,923**
**168,662**
**(77,167)**|**2022**
**£**
**23,788**
**1**
**23,789**
**91,495**
**115,284**
**115,284**
**115,284**
**-**
**115,284**
**115,284**|_5,186_
_94,601_
_99,787_
_(22,347)_|_2021_
_£_
_13,728_
_1_|
|---|---|---|---|---|
|||||_13,729_
_77,440_|
|||||_91,169_|
|||||_91,169_|
||||||
|||||_91,169_|
|||||_-_
_91,169_|
||||||
|||||_91,169_|
For the year ending 31 May 2021 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of the accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the Trustees on 17 December 2022 and signed on their behalf by:
Page 9
## **BARNES RUGBY FOOTBALL CLUB**
**BALANCE SHEET (CONTINUED) AS AT 31 MAY 2022**
................................................ **A Pickering** Trustee
The notes on pages 11 to 22 form part of these financial statements.
Page 10
## **BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **1. General information**
Barnes Rugby Football Club is a charitable company limited by guarantee and is incorporated in England and Wales. The registered office address and principal place of business is Queen Elizabeth Walk, London, SW13 9SA.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Barnes Rugby Football Club meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Income**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 11
## **BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **2. Accounting policies (continued)**
## **2.4 Tangible fixed assets and depreciation**
Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
Floodlights
- 33% Straight line
## **2.5 Investments**
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of Financial Activities.
## **2.6 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.7 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.8 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
Page 12
**BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **2. Accounting policies (continued)**
## **2.9 Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
All debtor and creditor balances are considered to be basic financial instruments under FRS 102.
## **2.10 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
## **3. Critical accounting estimates and areas of judgement**
There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
Critical accounting estimates and assumptions:
The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.
## **4. Income from donations and legacies**
|**Unrestricted**
**funds**
**2022**
**£**
Donations including gift aid
209,551
_Unrestricted_
_funds_
_2021_
_£_
Donations including gift aid
_39,973_|**Total**
**funds**
**2022**
**£**
**209,551**|
|---|---|
||_Total_
_funds_
_2021_
_£_
_39,973_|
Page 13
**BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **5. Investments: Subsidiary undertaking**
The Charity has a wholly-owned trading subsidiary undertaken, Barnow Trading Limited, a company registered in England and Wales (registered no 10300228). The principal activity of the company is the provision of sports activities. The charity owns the entire issued share capital of 1 ordinary share of £1. A summary of the results of the subsidiary is shown below. The results of the subsidiary are not consolidated in these financial statements as the aggregate income of the group is under £1m.
## **Barnow Trading Limited**
|**Profit and loss account**
Turnover
Cost of sales
Gross profit
Administrative expenses
Interest receivable
Other operating income
Profit before taxation
Tax on profit
Profit after taxation
**Balance Sheet**
Fixed assets
Current assets
Creditors due within one year
Total assets less current
liabilities
Called up share capital
Retained profit and loss
account
Shareholders’ funds|**2022**
**2021**
384,588
96,486
-110,997
-40,878|
|---|---|
||273,591
55,608
-274,976
-56,360
-
1,921
8,246|
||536
7,494
-360
-|
||176
7,494|
||8,726
10,085
17,136
15,859
-5,749
-4,684|
||20,113
21,260|
||1
1
20,112
21,259|
||20,113
21,260|
Page 14
## **BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **6. Income from charitable activities**
|**Unrestricted**
**funds**
**2022**
**£**
Players subscriptions
129,475
Bank interest
2
129,477
_Unrestricted_
_funds_
_2021_
_£_
Players subsriptions
_99,130_
Bank interest
_3_
_99,133_|**Total**
**funds**
**2022**
**£**
**129,475**
**2**|
|---|---|
||**129,477**|
||_Total_
_funds_
_2021_
_£_
_99,130_
_3_|
||_99,133_|
## **7. Analysis of expenditure on charitable activities Summary by fund type**
|**Unrestricted**
**funds**
**2022**
**£**
Direct and support costs
314,913
_Unrestricted_
_funds_
_2021_
_£_
Direct and support costs
_185,821_|**Total**
**2022**
**£**
**314,913**|
|---|---|
||_Total_
_2021_
_£_
_185,821_|
Page 15
## **BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **8. Analysis of expenditure by activities**
|Direct costs
Direct costs
**Analysis of direct costs**
Staff costs
Travel and accomodation
Pitch hire
Coaching
Physiotherapy
Laundry
Depreciation
Other direct costs
Playing kit and equipment
Charity project expenditure
Rugby equipment hire
Social events
Food and consumables|**Activities**
**undertaken**
**directly**
**2022**
**£**
303,402
_Activities_
_undertaken_
_directly_
_2021_
_£_
_179,716_|**Support**
**costs**
**2022**
**£**
11,511
_Support_
_costs_
_2021_
_£_
_6,105_
**Direct costs**
**2022**
**£**
54,340
22,157
51,816
53,549
26,301
2,909
9,070
35,149
21,208
23,447
429
53
2,974
303,402|**Total**
**funds**
**2022**
**£**
**314,913**|
|---|---|---|---|
||||_Total_
_funds_
_2021_
_£_
_185,821_|
||||**Total**
**funds**
**2022**
**£**
**54,340**
**22,157**
**51,816**
**53,549**
**26,301**
**2,909**
**9,070**
**35,149**
**21,208**
**23,447**
**429**
**53**
**2,974**|
||||**303,402**|
Page 16
## **BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **8. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs (continued)**
|Staff costs
Pitch hire
Coaching
Physiotherapy
Laundry
Depreciation
Other direct costs
Playing kit and equipment
Irrecoverable VAT|_Direct costs_
_2021_
_£_
_27,954_
_21,749_
_67,374_
_4,801_
_2,520_
_5,343_
_19,601_
_24,774_
_5,600_
_179,716_|_Total_
_funds_
_2021_
_£_
_27,954_
_21,749_
_67,374_
_4,801_
_2,520_
_5,343_
_19,601_
_24,774_
_5,600_|
|---|---|---|
|||_179,716_|
## **Analysis of support costs**
|Other support costs
Accountancy and Independent examination
Legal costs
Bank charges
Software and computer expenses
Sundry expenses|**Support**
**costs**
**2022**
**£**
1,151
4,519
2,530
2,113
348
850
11,511|**Total**
**funds**
**2022**
**£**
**1,151**
**4,519**
**2,530**
**2,113**
**348**
**850**|
|---|---|---|
|||**11,511**|
Page 17
## **BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **8. Analysis of expenditure by activities (continued)**
## **Analysis of support costs (continued)**
|Other support costs
Accountancy and Independent examination
Bank charges|_Activities_
_2021_
_£_
_349_
_4,300_
_1,456_
_6,105_|_Total_
_funds_
_2021_
_£_
_349_
_4,300_
_1,456_|
|---|---|---|
|||_6,105_|
## **9. Independent examiner's remuneration**
||**2022**|_2021_|
|---|---|---|
||**£**|_£_|
|Fees payable to the Charity's independent examiner for the independent|||
|examination of the Charity's annual accounts|**2,000**|_2,000_|
## **10. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2021 - £NIL)_ .
During the year ended 31 May 2022, expenses totalling _£_ 7,713 were reimbursed or paid directly to 1 Trustee _(2021 - £NIL)_ for travel costs incurred.
Page 18
## **BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
|**11.**
**Tangible fixed assets**
**Cost or valuation**
At 1 June 2021
Additions
At 31 May 2022
**Depreciation**
At 1 June 2021
Charge for the year
At 31 May 2022
**Net book value**
At 31 May 2022
_At 31 May 2021_
**12.**
**Fixed asset investments**
**Cost or valuation**
At 31 May 2022
**Net book value**
At 31 May 2022
_At 31 May 2021_|**Plant and**
**machinery**
**£**
**68,650**
**19,130**|
|---|---|
||**87,780**|
||**54,922**
**9,070**|
||**63,992**|
||**23,788**|
||_13,728_|
||**Trade**
**investments**
**£**|
||**1**|
||**1**|
||_1_|
Page 19
## **BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **13. Debtors**
|**Due within one year**
VAT repayable
Prepayments and accrued income
Corporation tax repaybale|**2022**
**£**
**1,477**
**38,161**
**101**
**39,739**|_2021_
_£_
_5,186_
_-_
_-_|
|---|---|---|
||||
|||_5,186_|
## **14. Creditors: Amounts falling due within one year**
|Trade creditors
Amounts owed to group undertakings
Other creditors
Accruals and deferred income|**2022**
**£**
**33,760**
**13,891**
**335**
**29,181**
**77,167**|_2021_
_£_
_3,987_
_10,078_
_-_
_8,282_|
|---|---|---|
||||
|||_22,347_|
## **15. Financial instruments**
||**2022**|_2021_|
|---|---|---|
||**£**|_£_|
|**Financial assets**|||
|Financial assets measured at fair value through income and expenditure|**128,923**|_94,601_|
## **16. Key Management Personnel & Related Parties**
The key management personnel of the Charity comprise the Trustees ("Directors" for the purposes of the Companies Act). Trustees received no remuneration. Trustees expenses incurred during the period totalled £7,713 to 1 Trustee, relating to travel and subsitence (2021: nil).
Christy Pickering, the wife of Andrew Pickering, a Trustees was paid £5,270 in the year (2021:£nil) in her role as Fixture and Administration Secretary.
During the period the Charity received £150,000 in donations from its Trustees (2021:£21,529). No conditions were attached to these donations which required the Charity to alter the nature of any of the existing activities.
Page 20
## **BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **17. Statement of funds**
|**Statement of funds - current year**
**Unrestricted funds**
Reserves
**Statement of funds - prior year**
**Unrestricted funds**
General Funds
**Summary of funds**
**Summary of funds - current year**
General funds
**Summary of funds - prior year**
General funds|**Balance at 1**
**June 2021**
**£**
**91,169**
_Balance at_
_1 June 2020_
_£_
_137,884_
**Balance at 1**
**June 2021**
**£**
**91,169**
_Balance at_
_1 June 2020_
_£_
_137,884_|**Income**
**£**
**339,028**
_Income_
_£_
_139,106_
**Income**
**£**
**339,028**
_Income_
_£_
_139,106_|**Expenditure**
**£**
**(314,913)**
_Expenditure_
_£_
_(185,821)_
**Expenditure**
**£**
**(314,913)**
_Expenditure_
_£_
_(185,821)_|**Balance at**
**31 May 2022**
**£**
**115,284**|
|---|---|---|---|---|
|||||_Balance at_
_31 May 2021_
_£_
_91,169_|
|||||**Balance at**
**31 May 2022**
**£**
**115,284**|
|||||_Balance at_
_31 May 2021_
_£_
_91,169_|
## **18. Summary of funds**
Page 21
## **BARNES RUGBY FOOTBALL CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022**
## **19. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|**Unrestricted**
**funds**
**2022**
**£**
Tangible fixed assets
23,788
Trade investments
1
Current assets
168,663
Creditors due within one year
(77,167)
**Total**
115,285|**Total**
**funds**
**2022**
**£**
**23,788**
**1**
**168,663**
**(77,167)**
**115,285**|
|---|---|
## **Analysis of net assets between funds - prior year**
|Tangible fixed assets
Trade investments
Current assets
Creditors due within one year
**Total**|_Unrestricted_
_funds_
_2021_
_£_
_13,728_
_1_
_99,787_
_(22,347)_
_91,169_|_Total_
_funds_
_2021_
_£_
_13,728_
_1_
_99,787_
_(22,347)_
_91,169_|
|---|---|---|
Page 22