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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||
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|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|||
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|||||||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|
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|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|
##
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||||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|
##
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|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|
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|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|
##
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|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)|
##
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|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|
##
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|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|