||||Page|| |---|---|---|---|---| |Reference and Administrative
Details||||| |Chairman's
Report||2|to|3| |Trustees' Report||4|to|11| |Independent
Examiner's|Report||12|| |Statement ofFinancial|Activities||13|| |Statement of Financial|Position|14|to|15| |Notes to the Financial Statements||16|to|25| |Detailed Statement of Financial Activities||26|to|27| ## |TRUSTEES||JCook (resigned 19.11.20)|JCook (resigned 19.11.20)|| |---|---|---|---|---| |||JJonik||| |||C Gouldson||| |||Mrs AJ Howard||| |||A N R Momson||| |||RJones (appointed|19.11.20)|| |||SThompson-Martyn|(appointed|19.11.20)| |PRINCIPAL ADDRESS||Trowbridge
Rugby|Football Club|| |||Doric Park||| |||PaxcroR, Hilperton||| |||TROWBRIDGE||| |||Wiitshire||| |||BA146JB||| |REGISTERED|CHARITY NUMBER|1168769||| |INDEPENDENT|EXAMINER|Blom5elds||| |||The Courtyard||| |||33Duke Street||| |||Trowbridge||| |||Wiltshire||| |||BA148EA||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |The Trustees delegate the|day-to-day
operation|ofthe Club tothe following| |---|---|---| |President||Dave Parry| |Chairman||Zoltan Szabo| |Finance &Administration|Manager|Chris Lamb| |Governance
Manager||Steve Barrett| |Facilities Manager||Derek Tucker| |Club Captain
Head ofSenior Rugby||Henry Turner
Kevin James| |Rugby Operations
Manager
Representative
ofTrading
Subsidiary||Kevin Davis
Any Director| ## ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| ||||Notes|funds
6|funds
f|funds
6|fundsf| |INCOME AND ENDOWMENTS||FROM|||||| |Donations
and legacies|||3|55,516||55,516|11,583| |Charitable
activities|||||||| |Club function events|||||||15,965| |Subscriptions
Sport activities
Operation
ofclub||||18,468||18,468|23,130
7,095
27,162| |Other trading
activities
Investment
income||||1,437||1,437|54,516| |Other income||||15,773||15,773|32,751| |Total||||113,735||113,735|172,646| |EXPENDITURE ON|||||||| |Charitable
activities|||7||||| |Operation
ofclub||||80,197|30,965|111,162|195,266| |NET INCOMEI(EXPENDITURE)||||33,538|(30,965)|2,573|(22,622)| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought|forward|||204,584|1,573,231|1,777,815|1,600,437| |TOTAL FUNDS CARRIED FORWARD||||238,122|~1542266|~1780 388|~1777615| ## ## |||||2021|2020| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes|5|F|5|5| |FIXEDASSETS
Tangible assets
Investments|12
13|26,765
100|1,542,266|1,569,031
100|1,603,816
100| |||26,865|1,542,266|1,569,131|1,603,916| |CURRENT ASSETS|||||| |Stocks
Debtors
Cash at bank and in hand|14
15|415
25,906
198,276||415
25,906
198,276|14,$I3
163,082| |||224,597||224,597|178,045| |CREDITORS|||||| |Amounts
falling due within one year|16|(13,340)||(13,340)|(4,146)| |NET CURRENT ASSETS||~211257||211,257|173,899| |TOTAL ASSETSLESSCURRENT LIABILITIES||238,122|1,542,266|1,780,388|1,777,815| |NET ASSETS||~238 122|1,542,266|1,780,388|1 777,815| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2021|2020| |---|---|---|---|---|---| |Donations||||5,001|11,583| |Grants||||50,515|| |||||~55 516|11,583| |Grants received,||included|in the above, are as follows:||| |||||2021
6|2020f| |Government|COVID Supp||ort Grants|50,515|| ## |The summary
financial
performa|nce
o|fthe subsidiary
is:||| |---|---|---|---|---| ||||2021|2020| |||||E| |Turnover|||27,690|301,370| |Other Income|||220|620| |Government
Grants|||51,038|0| |Cost ofsales and administration|costs||89,058|247,474| ||||~10110|54516| |Amount
gifted to the charity
Retained
in subsidiary|||0
~10110|54,516
0| |Assets and liabilities ofthe subsidiary
Current assets||were:|17,637|15,116| |Current
liabilities|||27,647|15,016| |Total net assets|||~10010|100| |Aggregate share capital and reserves|||10010|100| |INVESTMENT INCOME||||| ||||2021|2020| |Rents received|||1,236|| |Deposit account interest|||201|| ||||1,437|| ## ## ## ## ## ## ## |INCOME FROM|CH|ARITABL|E|ACTIVITI|ES||||| |---|---|---|---|---|---|---|---|---|---| |||||||||2021|2020| |Club function income||||Activity
Club func8on events|||||5
15,965| |Subscriptions
Sale ofprogrammes
Subscriptions||&tickets||Subscriptions
Sport activities
Operation ofclub||||18,468
22,541|23,130
7,095
27 162| |||||||||41,009|73,352| |CHARITABLE ACTIVITIES COSTS|||||||||| |||||||||Support|| |||||||Direct||costs(see|| |||||||Costs||note 8)|Totals| |||||||||6|| |Operation
ofclub||||||105,669||5,493|111,162| |SUPPORT COSTS|||||||||| ||||||||||Governance| ||||||||||costs
f| |Operation ofdub|||||||||5,493| |INDEPENDENT|EXAMINERS'|||REMUNERATION|||||| |||||||||2021|2020| |||||||||6|8| |Fees payable to the charity's
the financial statements|||Independent||Examiners|for their examination|of|1,400|1,200| ## ## ## |STAFF COSTS||||| |---|---|---|---|---| ||||2021f|2020| |Wages and salaries
Social security costs
Other pension costs|||19,632
659
402|21,022
1,110| ||||20,693|22,579| |The average
monthly|number ofemployees|during the year was as follows:||| ||||2021|2020| |Grounds|||1|1| |Coaching|||1|1| ## ## |12.|TANGIBLE FIXEDASSETS||||| |---|---|---|---|---|---| |||||Fixtures|| |||Freehold|Plant and|and|| |||property|machinery|fittings|Totals
f| ||COST||||| ||At 1 May 2020
Additions|1,676,365|101,501
764|75,612
556|1,853,478
1,320| ||At30April 2021|1,676,365|102,265|76,168|1,854,798| ||DEPRECIATION||||| ||At 1 May 2020
Charge for year|135,938
21,119|49,123
8,631|64,601
~6355|249,662
~36105| ||At 30April 2021|157.057|~57754|70,956|~285767| ||NET BOOK VALUE||||| ||At30April 2021|1,519,308|44,511|5,212|1,569,031| ||At 30April 2020|~1540427|~52 378|11,011|1,603,816| |13.|FIXEDASSETINVESTMENTS||||| ||||||Shares in| ||||||group| ||||||undertakings| ||MARKET VALUE||||| ||At 1 May 2020 and 30April 2021||||100| ||NET BOOK VALUE||||| ||At 30April 2021||||100| ||At 30April 2020||||100| ||There were no investment
assets outside|the UK.|||| |14.|STOCKS||||| |||||2021
f|2020| ||Payments
on account|||415|| |15.|DEBTORS:AMOUNTS FALLING DUE WITHiN ONE YEAR||||| |||||2021
f|2020
F| ||Trade debtors||||720| ||Trowbridge
RFC (2016)Ltd
Prepayments
and accrued income|||22,827
3,079|14,243| |||||25,906|14,963| ## ## ## ## |||||2021|2020| |---|---|---|---|---|---| |||||6|E| |Trade creditors
Taxation and social security
Other creditors||||405
7,042
5,892|369
817
2,940| |||||13,340|4,146| |MOVEMENT
IN FUNDS|||||| ||||Net|Transfers|| ||||movement|between|At| |||At 1.5.20|in funds|funds|30.4.21| |||5||F|| |Unrestricted
funds
General fund||135,511|46,536|(1,320)|180,727| |Designated-
Ashford Homes donation
(balance)
10,488|||(7,858)||2,630| |Fixed assets purchased
reserves|out ofgeneral
30,585||(5,140)|1,320|26,765| |Designated
- Building and Capital
reserve||asset
28,000|||28,000| |||204,584|||238,122| |Restricted funds
Restricted
Fixed Asset Fund
Grant- Grounds
Equipment||1,571,917
1,314|(30,807)
~158)||1,541,110
~1156| |||1,573,231|~30965)||1,542,266| |TOTAL FUNDS||1,?77,815|~2573||1,780.388| |Net movement
in funds,|included|in the above are as follows:|||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| |||||6|5| |Unrestricted
funds|||||| |General
fund|||113,735|(67,199)|| |Designated-
Ashford Homes donation
(balance)||||(7,858)|(7,858)| |Fixed assets purchased
reserves|out ofgeneral|||~5,140)|~5,140)| ||||113,735|(80,197)|33,538| |Restricted funds|||||| |Restricted
Fixed Asset Fund
Grant- Grounds
Equipment||||(30,807)
~156)|(30,807)
~158| |||||30,965|30,965| |TOTAL FUNDS|||113,735|~111,162)|2,573| ## ## ## ## ## |Comparatives
for m|ov|emen|t
in funds||||| |---|---|---|---|---|---|---|---| ||||||Net|Transfers|| ||||||movement|between|At| |||||At 1.5.19|in funds
f|funds
f|30.4.20| |Unrestricted
funds|||||||| |General fund||||127,569|18,366|(10,424)|135,511| |Designated-
Ashford
(balance)|Homes||donation|30,629|(4,107)|(16,034)|10,488| |Fixed assets purchased
reserves||out|ofgeneral|14,037|(3,456)|20,004|30,585| |Designated - Building
reserve|and Capital asset|||28000|||~28000| |||||200,235|10,803|(6,454)|204,584| |Restricted funds|||||||| |Restricted Fixed Asset Fund
Grant- Grounds
Equipment||||1,598,350
1552|(33,163)
~262|6,730
~276|1,571,917
1,314| |||||1600202|~30425|6,454|~1573,231| |TOTAL FUNDS||||1 600,437|~22 622||~1,777815| |Comparative
net movement|||in funds, included|in the above are as follows:|||| ||||||Incoming|Resources|Movement| ||||||resources
F|expended
f|in funds| |Unrestricted
funds|||||||| |General fund|||||172,646|(154,280)|18,366| |Designated-
Ashford
(balance)|Homes||donation|||(4,107)|(4,107)| |Fixed assets purchased
reserves||out|ofgeneral|||~3,456)|~3,456| ||||||172,646|(161,843)|10,803| |Restricted funds|||||||| |Restricted Fixed Asset Fund
Grant- Grounds
Equipment||||||(33,163)
~262)|(33,163)
~262| |||||||33,425|33425| |TOTAL FUNDS|||||~172 646|~195,268)|22,622| ## ## |A current year 12mo|nth|s
|and prior year 1|2months
|combined
|position is as fol|lows:|| |---|---|---|---|---|---|---|---|---| |||||||Net|Transfers|| |||||||movement|between|At| ||||||At 1.5.19|in funds|funds|30.4.21| ||||||||5|| |Unrestricted
funds||||||||| |General
fund|||||127,569|64,902|(11,744)|180,727| |Designated-
Ashford
(balance)|Homes donation||||30,629|(11,965)|(16,034)|2,630| |Fixed assets purchased
reserves||out ofgeneral|||14,037|(8,596)|21,324|26,765| |Designated
- Building
reserve|and||Capital asset||28,000|||~28000| ||||||200,235|44,341|(6,454)|238,122| |Restricted funds||||||||| |Restricted
Fixed Asset Fund
Grant- Grounds
Equipment||||1,598,350
1 852||(63,970)
~420|6,730
~2767|1,541,110
1,156| |||||10M202||~84390|6454|15422M| |TOTAL FUNDS||||1|000437|~20 049|—|1 700388| |A current year 12 months|||and prior year 12months||combined|net movement|in funds,
induded|in the above a| |as follows:||||||||| |||||||Incoming|Resources|Movement| |||||||resources
E|expended
5|in funds
f| |Unrestricted
funds||||||||| |General fund||||||286,381|(221,479)|64,902| |Designated-
Ashford
(balance)|Homes donation||||||(11,965)|(11,965)| |Fixed assets purchased
reserves||out ofgeneral|||||~8,596|~8,596)| |||||||286,381|(242,040)|44,341| |Restricted funds||||||||| |Restricted
Fixed Asset Fund
Grant- Grounds
Equipment|||||||(63,970)
~420)|(63,970)
~420)| ||||||||~64,390|~64,390| |TOTAL FUNDS||||||~286 381||306,430)|~20 049| ## ## ||2021|2020| |---|---|---| |||F| |INCOME AND ENDOWMENTS||| |Donations and legacies
Donations|5,001|11,583| |Grants|50,515|| ||55,516|11,583| |Other trading activities
Commercial
trading operations||54,516| |Investment
income||| |Rents received
Deposit account interest|1,236
201|444| ||1,437|444| |Charitable
activities
Club function
income
Subscri ptions
Sale ofprogrammes
&tickets|41,009|15,965
50,292
7,095| ||41,009|73,352| |Other Income||| |Advertising
and sponsorship
Miscellaneous
income
Resource sharing
contribution|15,600
173|24,635
6,116
2,000| ||15,773|32,751| |Total incoming resources|113,735|172,846| |EXPENDITURE||| |Charitable
activities||| |Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Sundries
Waste collection
Ground maintenance
Website &TVexpenses
General maintenance
Match expenses
Gamed forward|19,632
659
402
443
5,142
6,416
649
109
210
7,106
722
7,992
'l,366
7,037
57,885|21,022
1,110
447
2,960
4,598
18,259
656
1,775
1,084
4,107
2,216
17,257
4,600
7,050
438
85,579| ## ||2021
F|2020f| |---|---|---| |Charitable
activities||| |Brought forward
Function expenses
International
tickets|57,885
90|85,579
15,954
5,157| |Other playing expenses
Trophy &engraving
expenses
Programme
expenses
Coach travel costs|1,600|9,742
35
817
4,052| |Physio expenses
Head coach salary
Laundry expenses
Referee expenses
Software licences|416
5,077
320
2,138|3,438
3,355
990
1,545| |Cleaning
Bank charges
Freehold
property
Plant and machinery
Fixtures and fittings
Loss on sale oftangible fixed assets|1,970
68
21,119
8,631
6,355|15,832
105
21,118
8,667
10,779
~3,683| ||105,669|190,158| |Support costs||| |Governance costs||| |Ind. examiners'
remuneration|1,400|1,200| |Bookkeeping
expenses
Other professional
expenses|3,900
193|3,900| ||5,493|5,100| |Total resources expended|111,162|195,268| |Net income/(expenditure)|2,573|22,622|