2022-04-30-accounts - Trowbridge Rugby Football Club (1931)

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				Page
Reference and Administrative		Details
Chairman's Report			2	to	3
Trustees' Report			4	to	10
Independent Examiner's	Report
Statement ofFinancial	Activities			12
Statement ofFinancial	Position			13
Notes to the Financial Statements			14	to	23
Detailed Statement ofFinancial		Activities	24	tc	25

TRUSTEES		JJonik (rssigned	28.7.21)
		C Gouldson Chair
		Mrs AJ Howard	(resigned 28.7.21)
		A N R Morrison
		RJones
		SThompson-Martyn
PRINCIPAL ADDRESS		Trowbridge Rugby Football Club
		Doric Park
		PaxcroR, Hilperton
		TROWBRIDGE
		Wiltshire
		BA146JB
REGISTERED	CHARITY NUMBER	1168769
INDEPENDENT	EXANIINER	Charlton Baker
		The Courtyard
		33Duke Street
		Trowbridge
		Wiltshire
		BA148EA

Organisational structure
The Trustees delegate the day-to-day	operation ofthe Club to the following	Management	Board:
President	Chns Lamb
Chairman	Derek Tucker
Finance &Administration Manager	Kevin Davis
Director ofRugby Governance Manager	Ali Lund Steve Barrett
Representative ofTrading Subsidiary	Any Director

						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	5	2		6
INCOME AND ENDOWMENTS		FROM
Donations and legacies				23,957		23,957	55,516
Charitable activities
Club function events				4,596		4,596
Subscriptions				42,834		42,834	41,009
Other trading activities Investment mcome				30,971 11,145		30,971 11,145	1,437
Other income				23,654		23,654	15,773
Total				137,157		137,157	113,735
EXPENDITURE ON
Charitable activities
Club function events				5,669		5,669
Sport activities Operation ofclub				36,254 93,097	27,364	36,254 120,461	7,093 104,069
Total				135,020	27,364	162,384	111,162
NET INCOME/(EXPENDITURE)				2,137	(27,364)	(25,227)	2,573
RECONCILIAllON	OF FUNDS
Total funds brought	forward			238,122	1,542,266	1,780,388	1,777,815
TOTAL FUNDS CARRIED FORWARD				240,259	1,514,902	1,755,161	1,780,388

				2022	2021
		Unrestricted	Restricted	Total	Total
	Notes	funds 6	funds 6	funds 6	fundsf
FIXEDASSETS
Tangible assets Investments	12 13	42,132 100	1,514,902	1,557,034 100	1,569,031 100
		42,232	1,514,902	1,557,134	1,569,131
CURRENT ASSETS
Stocks	14	84		84	415
Debtors	15	17,416		17,416	25,906
Cash at bank		197,900		197,900	198,276
		215,400		215,400	224,597
CREDITORS
Amounts falling due within one year	16	(17,373)		(17,373)	(13,340)
NET CURRENT ASSETS		198,027		198,027	211,257
TOTAL ASSETS LESSCURRENT LIABILITIES		240,259	1,514,902	1,755,161	1,780,388
NETASSETS		240,259	1,514,902	1,755,161	1,780,388
FUNDS	17
Unrestricted funds				240,259	238,122
Restricted funds				1,514,902	1,542,266
TOTALFUNDS				1,755,161	1,780,388

The summary financia	l performa	nce o	fthe su	bsidiary is:
					2022 6	2021 f
Turnover					232,219	27,690
Other Income					0	220
Government Grants					4,549	51,038
Cost ofsales and administration		costs			195,687	89,058
					41,081	(10,110)
Amount gifted to the Retained in subsidiary	charity				30,971 10,110	0 (10,110)
Assets and liabilities	ofthe subsidiary		were:
Current assets					22,306	17,637
Current liabilities					22,206	27,647
Total net assets					100	{10010}
Aggregate share capital and reserves					100	(10010}
INVESTMENT INCOME
					2022	2021
					6	f
Rents received					11,126	1,236
Deposit account interest					19	201
					11,145	1,437
INCOME FROM CHARITABLE		ACTIVITIES
					2022	2021
		Activity
Club function income		Club function		events	3,433
Sale ofprogrammes Subscriptions	&tickets	Club function Subscriptions		events	1,163 42,834	41,009
					47,430	41,009

			Support
		Direct	costs (see
		Costs	note 8)	Totals
		6		6
Club function events		5,669		5,669
Sport actnnties Operation ofdub		36,254 114,987	5,474	36,254 120,461
		156,910	5,474	162,384
SUPPORT	COSTS
				Governance
				costs
				6
Operation	ofclub			5,474

STAFFCOSTS
				2022f	2021 6
Wages and salaries Social security costs				21,214 1,016	19,632 659
Other pension costs				502	402
				22,732	20,693
The average monthly	number ofemployees	during	the year was as follows:
				2022	2021
Grounds				1	1
Coaching				1	1

TANGIBLE FIXEDASSETS
			Fixtures
	Freehold	Plant and	and
	property f	machinery	fittings F	Totals 5
COST
At 1 May 2021 Additions	1,676,365	102,265 14,098	76,168 6,927	1,854,798 21,025
At 30April 2022	1,676,365	116,363	83,095	1,875,823
DEPRECIATION
At 1 May 2021	157,057	57,754	70,956	285,767
Charge for year	21,118	10,127	1,777	33,022
At 30April 2022	178,175	67,881	72,733	318,789
NET BOOKVALUE
At 30April 2022	1,498,190	48,482	10,362	1,557,034
At 30April 2021	1,519,308	44,511	5,212	1,569,031

CREDITORS	: A	MOU	NT	S FALLI	NG DUE WITHIN ONE YEAR
							2022 f	2021 f
Trade creditors							9,510	408
Taxation and	social security						576	7,042
Other creditors							7,287	5,892
							17,373	13,340
MOVEMENT	IN	FUNDS
						Net	Transfers
						movement	between	At
					At 1.5.21 f	in funds F	funds f	30.4.22 f
Unrestricted	funds
General fund					180,727	9,689	(21,022)	169,394
Designated- (balance)	Ashford		Homes donation 2,630			(1,897)		733
Fixed assets reserves	purchased			out ofgeneral 26,765		(5,655)	21,022	42,132
Designated —Building reserve			and Capital		asset 28,000			28,000
					238,122	2,137		240,259
Restricted funds
Restricted Fixed		Asset Fund			1,541,110	(27,206)		1,513,904
Grant- Grounds		Equipment			1,156	(158)		998
					1,542,266	(27,364)		1,514,902
TOTAL FUNDS					1,780,388	(25,227)		1,755,161
Net movement in funds,				included	in the above are as follows:
						Incoming	Resources	Movement
						resources f	expended	in funds f
Unrestricted	funds
General fund						137,157	(127,468)	9,689
Designated-	Ashford		Homes donation
(balance)							(1,897)	(1,897)
Fixed assets	purchased			out of general
reserves							(5,655)	(5,655)
						137,157	(135,020)	2,137
Restricted funds
Restricted Fixed		Asset Fund					(27,206)	(27,206)
Grant- Grounds		Equipment					(158)	(158)
							(27,364)	(27,364)
TOTAL FUNDS						137,157	(162,384)	(25,227)

Comparatives for mov	ement in funds
			Net	Transfers
			movement	between	At
		At 1.5.20 f	in funds f	funds f	30.4.21 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 of general	30,585	(5,140)	1,320	26,765
Designated —Building and Capital asset reserve		28,000			28,000
		204,584	33,538		238,122
Restricted funds
Restricted Fixed Asset Fund Grant- Grounds Equipment		1,571,917 1,314	(30,807) (158)		1,541,110 1,156
		1,573,231	(30,965)		1,542,266
TOTAL FUNDS		1,777,815	2,573		1,780,388

Comparative	net	mo	ve	ment in funds, included in the a	bove are as follows:
					Incoming	Resources	Movement
					resources f	expended	in funds f
Unrestricted	funds
General fund					113,735	(67,199)	46,536
Designated- (balance)	Ashford		Homes donation			(7,858)	(7,858)
Fixed assets reserves	purchased			out ofgeneral		(5,140)	(5,140)
					113,735	(80,197)	33,538
Restricted funds
Restricted Fixed		Asset		Fund		(30,807)	(30,807)
Grant- Grounds		Equipment				(158)	(158)
						(30,965)	(30,965)
TOTAL FUNDS					113,735	(111,162)	2,573

A current year 12mont	hs	and prier year 12	months c	ombined p	osition is as follo	ws:	ws:
					Net	Transfers
					movement		between	At
				At 1.5.20 f	in funds F		funds f	30.4.22 f
Unrestricted funds
General fund				135,511	56,225		(22,342)	169,394
Designated- Ashford Homes donation (balance)				10,488	(9,755)			733
Fixed assets purchased reserves	out ofgeneral			30,585	(10,795)		22,342	42,132
Designated —Building and reserve		Capital asset		28,000				28,000
				204,584	35,675			240,259
Restdicted funds
Restricted Fixed Asset Fund Grant- Grounds Equipment			1,571,917 1,314		(58,013) (316)			1,513,904 998
			1,573,231		(58,329)			1,514,902
TOTALFUNDS			1,777,815		(22,654)			1,755,161
A current year 12 months		and prior year 12 months		combined	net movement	in funds,	included	in the above	a
as follows:
					Incoming	Resources		Movement
					resources f	expended		in funds f
Unrestricted funds
General fund					250,892	(194,667)		56,225
Designated- Ashford Homes donation (balance)							(9,755)	(9,755)
Fixed assets purchased reserves	out ofgeneral						(10,795)	(10,795)
					250,892	(215,217)		35,675
Restricted funds
Restricted Fixed Asset	Fund						(58,013)	(58,013)
Grant- Grounds Equipment							(316)	(316)
							(58,329)	(58,329)
TOTAL FUNDS					250,892	(273,546)		(22,654)

	2022	2021
	5	6
INCOME AND ENDOWMENTS
Donations and legacies Donations Grants	6,105 17,852	5,001 50,515
	23,957	55,516
Other trading activities Commercial trading operations	30,971
Investment income
Rents received	11,126	1,236
Deposit account interest	19	201
	11,145	1,437
Charitable activities
Club function income	3,433
Subscriptions Sale of programmes &tickets	42,834 1,163	41,009
	47,430	41,009
Other income
Advertising and sponsorship Miscellaneous income	23,654	15,600 173
	23,654	15,773
Total incoming resources	137,157	113,735
EXPENDITURE
Charitable activities
Wages Social security Pensions	21,214 1,016 502	19,632 659 402
Rates and water	698	443
Insurance	5,400	5,142
Light and heat Telephone Postage and stationery Advertising Sundries	13,817 788 554 1,227 1,897	6,416 649 109 210 7,106
Waste collection	2,442	722
Ground maintenance	7,433	7,992
Website &TV expenses General maintenance	5,316 7,277	1,366 7,037
Function expenses International tickets	4,506 1,163	90
Other playing expenses Carried forward	12,279 87,529	1,600 59,575

	2022	2021
		6
Charitable activities
Brought forward Coach travel costs	87,529 5,315	59,575
Physio expenses Head coach salary	6,746 7,563	416 5,077
Laundry expenses	4,462	320
Referee expenses Software licences	750 2,353	2,138
Cleaning	8,647	1,970
Bank charges Freehold property Plant and machinery	526 21,118 10,124	68 21,119 8,631
Fixtures and fittings	1,777	6,355
	156,910	105,669
Support costs
Governance costs
Ind. examiners' remuneration	1,400	1,400
Bookkeeping expenses Other professional expenses	4,074	3,900 193
	5,474	5,493
Total resources expended	162,384	111,162
Net (expenditure)/income	(25,227)	2,573