2023-05-31-accounts

Charity number: 1168231 Company number: 10247798

BARNES RUGBY FOOTBALL CLUB

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

BARNES RUGBY FOOTBALL CLUB CONTENTS Page Reference and Administrative Details of the Charity, its Trustees and Advisers Trustees. Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9-19

BARNES RUGBY FOOTBALL CLUB REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2023 Trustees M Whiffield, Club Chairman D Doonan AJ Pickering Charity registered number 1168231 Principal office Queen Elizabeth Walk London SW13 SUA Accountants Randall and Payne LLP Chargrove House Shurdinglon Road Shurdinglon Cheltenham Gloucestershire GL51 4GA Bankers HSBC 593-599 Fulham Road London SW6 SUA Solicitors Russell Cooke LLP 2 Putney Hill London SW15 6AB Page 1

BARNES RUGBY FOOTBALL CLUB TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2023 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 2023. The Trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20151. Charity name The registered name of the charity is Bames Rugby Football Club. BACKGROUND Barnes Rugby Football Club was fomied 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 Charitsble 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 lo the new entity. Effective that date the former unincorporated members club ￿aSed to exist. OBJECTIVES AND ACTIVITIES Objectives and aims The charills objectives are to promote community participation in healthy recreation by the provision of facilities and inclusive environment for all ages and genders for the plawng of rugby union football, and also lo promote any purpose that is charitable according lo the laws of England and Wales. Actlvltles Senior rugby Coaching and training six senior teams of rugby players, both male and female. and the plawng of matches in various leagues, both local and national. Coaching and training of age-relaled teams of rugby players, both male and female between the ages of 13 10 18, and the playing of matches in various local leagues. Coaching and training of several age-related teams of rugby players both male and female from the ages of 6 10 12. and the playing of mini rugby in local matches and tournaments. Youth rugby Mini rugby Publlc Beneflt The Trustees confirm that they have referred to the guidance contsined in the Charity Commissionerfs general guidance on public benefit when reviewing the Charills aims and objectives and in planning future aclivilies. The Trustees are satisfied that the charity meets the required public benefit lesl through ils objectives and activities. Page 2

BARNES RUGBY FOOTBALL CLUB TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MAY 2023 ACHIEVEMENT AND PERFORMANCE Charitable activities The 2022123 season was the second full season following a return lo rugby across the club after the pandemic. with the focus being on the pitch as opposed to off it. The performance across the club was epitomised by the last six weeks of the season. On 30th March it all kicked off with a Barnes Invitational XV of 40 of the mature players playing the House of Lords and Commons Rugby team on the hallowed turf of Twickenham. This raised in excess of £20,000 for an injured players charity- Our Men's 1 st XV achieved their best ever league finish of 2nd place in National 2 East and our Women's 1st XV beat all comers, winning their league at a canter, and victorious in their last 14 games on the boun￿, gaining them promotion lo the Championship. They were also voted Women's Rugby team of the year by the RFU for levels 3-5 The Occies were runners up in their league, and lost by a whisker in their cup final, the Colts won their Surrey Cup Final and the Under 22s won the inaugural Smith Shenton Cup. Whilst all of this was going on we had Laon Rugby Minis on tour in Barnes, a party of 225 Minis marauding and glamping around Cheddar Gorge and Clifton Rugby Club, whilst the Under 14's toured Wales, and the Under 12's and the 13's toured Ireland and, if that wasn't enough, the Under 11's carried out the their own annual pilgrimage back lo Laon, who more than repaid the hospilalily we had offered them in rainy Barnes a few weeks earfier. The camaraderie engendered for players of this age is a large part of their personal development. 11 was quite an extraordinary end lo the season, which was signed off in st￿e last on 13th May with a 15th birthday jamboree for the Minis, Juniors and Colts, which took place in on the BEST fields opposite the clubhouse attended by 480 members and friends of the club. Barnes RFC has always been a club that views ils off field and charity and community work as being as important as our endeavours on the pitch. Last year was no ex￿ptiOn. and our 2022 project. called the Big Build, provided a solution that seNes both the community and our charitable aims. We raised over £48.000 from across the full spectrum of sections of the dub, with all manner of fund raising activities, from marathon running to t-shirt printing. The generosity of the club knows no bounds, and we use a technology platfomi from Slockcrowd, which we call BarnowCares.com {Barnow being the club nickname for supporters). We pay a fee for the platfomi so 1000/0 of all donations reach the intended end cause. The Big Build was a project to deliver an outdoor activity centre and gym and trim trail around the perimeter of the BEST sports fields in Queen Elizabeth Walk. Made entirely out of recycled wood. this brilliant facility was constructed over one weekend, 60 people from across the Barnes RFC community coming together under the watchful eye of Fusion, a business staffed by ex-services personnel who made it run with military precision. It as all done and dusted in one weekend and exists today for use by all of the public around the Barnes, Putney and Mortlake areas. Page 3

BARNES RUGBY FOOTBALL CLUB TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MAY 2023 FINANCIAL REVIEW Principle funding sources During the year under review the dub 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 again matched the levels achieved pre the pandemic. Whilst the club showed a loss in the year, the level of reserves allows for occasional such losses to be absorbed if and when they occur. Investment policy and objectives The Trustees have the power lo 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 al short notice. The interest earned is thus governed by the general interest rates available. The Trustees do not wish lo invest the club's reserve funds in any other markets at this time. Reserves policy 11 is the desired policy of the board lo create sufficient reseNes to enable the future stability and enhancement of the club and ils facilities. The Trustees aim lo 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 ol the financial year. During the close season months the reserves deplete lo the target level. A wholly owned trading subsidiary IBarnow Trading Limiledl manages the clubhouse operations, where available profits are remilled to the club by charitable donations. The results of the trading subsidiary are disclosed within note 5 of the financial statements. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is a company limited by guarantee, govemed by ils Memorandum and Articles of Association. Recrultment and appolntment of new Trustees Existing Trustees invite potential new Trustees to join the Board Trustees, having regard lo the relevance of their experience lo the work of the charity, and the management need of the charity. Organlsatlonal structure The day to day management of the club has been delegated lo the operational committee who meet on a periodic basis, but not less than quarterfy. The Operational Committee are overseen by the Board of Trustees, who meet at least once per calendar quarter. Approved by order of the members of the board of Trustee and signed on their behalf by= M Whitfield Chairman Date". Oct 18, 2023 Page 4

BARNES RUGBY FOOTBALL CLUB INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MAY 2023 Independent Examlnerfs Report to the Trustees of Barnes Rugby Football Club I'the Charlty'l I report lo the charity Trustees on my examination of the accounts of the Charity for the year ended 31 May 2023. Responslbllltles and Basls 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 Ilhe 2011 Acl'l. I report in respect of my examination of the Charitrfs accounts carried out under section 145 of the 2011 Act and in carrwng out my examination I have followed the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent Examinerfs Statement Since the Charitys gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l 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 lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the exlanl regulations bul has been withdrawn. l 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 lo believe that in any material respect.. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act- or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements conceming 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 'lrue and fairf 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 5

BARNES RUGBY FOOTBALL CLUB INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023 This report is made solely lo 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 stale lo the Charity's Trustees those mallers l am required lo stale lo them in an Independent Examiner's Report and for no other purpose. To the fullest extent permilled by law, I do not ac￿pt or assume responsibility lo anyone other than the Charity and the Charity's Trustees as a body. for my work or for this report. Signed.. Dated.. Oct 19, 2023 Benjamin Burch ACA Independent Examiner Randall & Payne LLP Shurdington Road Cheltenham Gloucestershire GL514GA Page 6

BARNES RUGBY FOOTBALL CLUB STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2023 Unrestrlcted funds 2023 Total funds 2023 Total funds 2022 Note Income from: Donations and legacies Charitable activities 191.323 130.266 191.323 130.266 209,551 129,477 Total income 321.589 321,589 339,028 Expenditure on: Charitsble activities 334.464 334.464 314,913 Totsl expenditure 334,464 334,464 314,913 Net movement in funds 112.875) (12.875) 24,115 Reconciliation of funds- Total funds brought forward Net movement in funds 115.284 112.875) 115,284 112.8751 91, 169 24,115 Total funds carrled forward 102.409 102.409 115,284 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 9 to 19 form part of these financial statements. Page 7

BARNES RUGBY FOOTBALL CLUB BALANCE SHEET AS AT 31 MAY 2023 2023 2022 Note Fixed assets Tangible assets Investments 11 12 11.529 23, T88 11,530 23.789 Current assets Debtors Cash al bank and in hand 13 2.728 165,865 39, 739 128,923 168,593 168,662 Creditors.. 8mounts falling due within one year 14 177,713) (77, 167) Net current assets 90,880 91,495 Total assets less current liabilities 102.410 175,284 Net assets excluding pension asset 102.410 115,284 Total net assets 102,410 f15,284 Charlty funds Reslricled funds Unrestricted funds 17 17 102,410 115,284 Total funds 102.410 115,284 The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by.. A Pickering Trustee Date.. Oct 19, 2023 The notes on pages 9 to 19 form part of these financial statements. Page 8

BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 General Snformatlon Barnes Rugby Football Club is a charitable company limited by guarantee and is incorporated in England and Vvales. The registered office address and principal place of business is Queen Elizabeth Walk, London, SW13 9SA. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial statements have been prepared to give a 'lrue and fai¢ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the extent required to provide a 'lrue and fair, view. This departure has involved following the Charities SORP IFRS 102} published in October 2019 rather than the Accounting and Reporting by Charities.. Slalement of Recommended Practice effective from 1 April 2005 which has Sin￿ been withdrawn. Barnes Rugby Football Club meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise staled 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 re￿iVed 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 lo transfer economic benefit to a third paty, il 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 aclivily. 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 lo a single activity are allocated direcdy 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 Charills obiecb"ves, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. Page 9

BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 Accountlng pollcles Icontlnued) 2.4 Tanglble flxed assets and depreclatlon Tangible fixed assets are initially recognised al 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 lo bring a tangible fixed asset into ils intended working condition should be included in the measurement of cost. Depreciation is charged so as lo allocate the cost of tangible fixed assets less their residual value over their eslimaled useful lives, using the straighl-line method. Depreciation is provided on the following basis.. Floodlights 330A Straight line 2.5 Investrnents Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured al fair value al 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 'GainsllLossesl on investments, in the Statement of Financial Aclivilies. 2.6 Debtors Trade and other debtors are recognised al the settlement amount after any trade discount offered. PrepayTnenls are valued at the amount prepaid net of any trade discounts dLJe. 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 malurily 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 al the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in selllemenl, and the amount of the selllement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates il will pay to setue the debt or the amount it has received as advanced payrnenls for the goods or services it musl provide. Provisions are measured al the best estimate of the amounts required to settle the obligation. Where the effect of the lime value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rale that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Slalement of Financial Activities as a finance cost. Page 10

BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 Accountlng pollcles Icontlnued) 2.9 Flnanclal Instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recognised at transaction value and subsequenuy measured at their settlement value with the exception of bank loans which are subsequenuy measured at amortised cost using the effective interest method. All debtor and c￿dItOr balances are considered lo be basic financial instruments under FRS 102. 2.10 Fund accounting General funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Critical accounting estimates and areas of judgernent 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 carrwng amounts of assets and liabilities within the next financial year. Critical accounting estimates and assumptions.. The Charity makes estimates and assumptions concerning the futLJre. 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 lo the carrwng amounts of assets and liabilities within the next financial year are discussed below. Income from donations and legacies Unrestricted funds 2023 Total funds 2023 Total funds 2022 Donations including gift aid 191,323 191,323 209,551 Total 2022 209,551 209,551 Page 11

BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 Investments: Subsldlary undertaklng The Charity has a wholly-owned trading subsidiary undertaken, Bamow Trading Limited, a company registered in England and Wales {regislered no 103002281. The principal activity of the company is the provision of sports aclivilies. 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 Tradin Limited Proflt and loss account 2023 2022 Turnover 499.169 385.844 . 113,325 117,312 387,(￿12 248,306 138,736 132,454 2,019 5,816 Cost of sale5 Gr05s prof it Administrative expenses Other operating income Finance costs Profit before taxation Tax on profit Profit after taxation 5.772 2CIJ 360 2,125 Balance sheet Fixed assets 7,367 21,613 8,357 20.623 8.726 18,163 5,557 21,332 Current a55ets Creditors due within one year Total assets less current liabilities Called up share capital Retained profit and loss account Shareholders, fund5 20.622 20,623 21,331 21,332 Page 12

BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 Income from charltable actlvltles Unrestrlcted funds 2023 Total funds 2023 Total funds 2Q22 Players subscriptions Bank interest 130,190 76 130,190 76 129.475 130,266 130,266 129,477 Total 2022 129.477 129,477 Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2023 Total 2023 Total 2022 Direct and support costs 334,464 334.464 374,913 Total 2022 314,973 314,913 Analysls of expendlture by actlvltles Activities undertaken directly 2023 Support Costs 2023 Total funds 2023 Tot81 funds 2922 Direct costs 325,085 9,378 334,463 314,973 Total 2022 303,402 11,511 314,g13 Page 13

BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 Analysls of expendlture by actlvltles Icontlnuedl Analysls of dlrect costs Total funds 2023 Total funds 2022 Dlrect costs 2023 Staff costs 41,403 24,368 47,530 43,954 30,293 6,790 12,259 330 43.635 29,026 2,914 31,779 296 1,627 8,881 41,403 24,368 47.530 43.954 30,293 6.790 12.259 330 43,635 29.026 2.914 31,779 296 1.627 8.881 54,340 22,757 51,816 53,549 26,301 2,909 9,070 Travel and accomodation Pitch hire Coaching Physiotherapy Laundry Depreciation Adult tournamenvleague entry fees Other direct costs Playing kil and equipment Irrecoverable VAT Charity project expenditure Rugby equipment hire Social events 35, 748 21,208 23,447 429 53 Food and consumables 2,975 325,085 325.085 303,402 Total 2022 303,402 303,402 Page 14

BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 Analysls of expendlture by actlvltles Icontlnuedl Analysls of support costs Support Costs 2023 Total funds 2023 Total funds 2022 Other support costs Accountancy and Independent examination Legal costs Bank charges Software and computer expenses Sundry expenses 3,388 4,249 75 3,388 4.249 75 1,151 4,519 2,530 2,113 348 850 1,253 1.253 413 413 9,378 9.378 11,511 Total 2022 11,511 11,511 Independent examiner's remuneration 2023 2022 Fees p8yable to the Charity's independent examiner for the independent examination of the Charills annu81 accounts 2,250 2.000 10. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2022 - £NIL). During the year ended 31 May 2023, expenses tolalling £823 were reimbursed or paid directly lo 2 Trustees (2022- £7, 71311 for expenses incurred Page 15

BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 11. Tanglble flxed assets Plant and machinery Cost or valuation Al 1 June 2022 87,780 Al 31 May 2023 87.780 Depreclatlon Al 1 June 2022 Charge for the year 63.992 12,259 Al 31 May 2023 76.251 Net book value Al 31 May 2023 11.529 At 31 May 2022 23, 788 12. Fixed asset investments Trade investments Cost or valuation Al 31 May 2023 Net book value Al 31 May 2023 At 31 May 2022 Page 16

BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 13. Debtors 2023 2922 Due within one year Trade debtors VAT repayable Prepayments and accrued income Corporation tax repayable 600 2,128 1.477 38, 161 701 2,728 39.739 14. Creditors: Amounts falling due within one year 2023 2Q22 Trade creditors 50,726 2.785 33,760 13,891 335 29. 181 Amounts owed lo group undertakings Other creditors Accruals and deferred income 24,202 77,713 77,167 15. Flnanclal Instruments 2023 2922 Financial assets Financial assets measured at fair value through income and expenditure 165,865 128,923 16. Key Management Personnel & Related Parties The key management personnel of the Charity comprise the Trustees I"Direclors" for the purposes of the Companies Act). Trustees received no remuneration. Trustees expenses incurred during the period totalled £823 10 2 Trustees, relating lo travel and subsitence12022= £7.7131. Christy Pickering, the wife of Andrew Pickering, a Trustees was paid £5,861 in the year12022= £5,270) in her role as Fixture and Adminislralion Secretary. During the period the Charity received £120,000 in donations from its Trustees 12022.. £150,000). No conditions were attached lo these donations which required the Charity to alter the nature of any of the existing activities. Page 17

BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 17. Statement of funds statement of funds - current year Balance at 1 June 2022 Balance at Income Expendlture 31 May 2023 Unrestricted funds Reserves 115.284 321,590 1334,4641 102.410 statement of funds - prior year Balance al l Jun8 2021 BalanGe at Income Expenditure 31 May 2022 Unrestricted funds Reserves 91,169 339,028 (314,973) 175,284 18. Summary offunds Summary of funds - current year Balance at 1 Jung 2022 Balance at Income Expenditure 31 May 2023 General funds 115,284 321,590 1334,4641 102,410 Summary of funds- prloryear Balancg al l Jung 2027 Balance at Incomg Expenditure 31 May 2022 General funds 91,169 339,028 (314,973) 115,284 Page 18

BARNES RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 19. Analysls of net assets between funds Analysls of net assets between funds - current year Unrestricted funds 2023 Total funds 2023 Tangible fixed assets Trade investments Current assets Creditors due within one year 11,529 11,529 168,593 177,7131 168,593 (77,7131 Total 102,410 102,410 Analysls of net assets between funds - prlor year Unreslriclgd funds 2022 Total funds 2022 Tangible fixed assets Trade investments 23. 788 23,788 Current assets Creditors due within one year 168,663 (77, 767) 168,663 (77, 167) Total 115,285 f15.285 Page 19

Barnes RFC - Accounts for signing Final Audit Report 2023-10-19 Created.. 202￿1￿18 By.. Ryszard Szarszewski [e-mail] Stalu5'. Si9ned Transaction ID.. CBJCHBCAABAA2ZZbseJyqXg61PCQiwvH8iNMEgJ59UrW "Barnes RFC - Accounts for signing" History Document created by Ryszard Szarszewski [e-mail] 2023.10.18. 19..52..33 GMT. IP address.. 82.33.214.66 Document emailed to Michael Whiffield Imi¢[e-mail] for signature 2023-10-18- 19."54".$1 GMT Email viewed by Michael Whitfield {[e-mail] 2023-10-18- 22."05."58 GMT- IP address." 148.252.141.73 Document e-signed by Michael Whiffield [e-mail]} Signature Dat8.' 2023-10-18- 22.'06.'45 GMT- Tim8 Sourc8.' serw8r- IP address.. 148.252.141.73 Document emailed lo [e-mail] for signature 2023-10-18- 22..06..46 GMT Email viewed by [e-mail] 202&1(k19- 06..53..12 GMT- IP add￿55.. 66.249.93.66 Signer [e-mail] entered name al signing as Andrew Pickering 2023-10-19- 08'.18'.09 GMT- IP address.. 217.169.45.207 Document e-signed by Andrew Pickering [e-mail] Signature Dale.. 2023-10-19- 08..18..11 GMT- Time Source.. serwer- IP address.. 217.169.45.207 * Document emailed to Benjamin Bu￿h {[e-mail] for signature 2023-1￿19- 08..18..12 GMT Email viewed by Benjamin Burch [e-mail] 202&1(k19- 08".37."42 GMT- IP address." 185.85.57.217 Document e-signed by Benjamin Burch [e-mail] Signature Da18." 2023-10-19- 08'.38."07 GWF- Tim& Sourc8". serv8r- IP addre88". 185.85.57.217 Adobe Acrobat Sign

Agreemenl completed. 202>10-19- 08..38..07 GMT Adobe Acrobat Sign