Charity registration number 1168769 ooding CCOUNTS TROWBRIDGE RUGBY FOOTBALL CLUB {1931) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 TROWBRIDGE RUGBY FOOTBALL CLUB (1931) LEGAL AND ADMINISTRATIVE INFORMATION Twstees B Roberts D Solomon S R ThompsoTrMartyn R D Jones Mr M Weaver Charles Roberts (Appointed 27 July 2023) (Appointed 17 July 2024) Senlor management Chris Lamb Derek Tucker Ali Lund Kevin Davis President Chair Dire￿Or of Rugby Finance and administration manager Governance manager Represenlative of trading subsidiary Sarah Davis Any Director Charity number 1168769 Inde￿ndant oxaminer Gooding Accounts Ltd 24 Warminster Road Westbury Wilishire United Kingdom BA13 3PE TROWBRIDGE RUGBY FOOTBALL CLUB (1931) CONTENTS Page Trustees, ￿pOrt 1-20 Independent examinerfs report 21 Statement of financial activities 22-23 Balanrk sheet 24 Notes to the financial statements 25-37 TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT FOR THE YEAR ENDED 30 APRIL 2024 The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements anè comply with the charivs Constitution. the Charities Act 2011 and "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 trustees present their annual report and financial statements for the year ended 30 April 2024. The Trustees in providing oversight ensure that the clubs purpose and activities continue to be for 'Public Benefir and meet its obligations as set out withing the Charity Commissions 'Public Benefit Requirements. There are currently 6 trustees who meet every ￿ months, since the last report and Ihe 2023 AGM the trustees have held three meetings. The main aim of the TRFC Charity is the promotion, encouragement & development of amateur rugby football in the Trowbridge area. As Trustees our remit is to ensure the charty carries out its aims and objectives for the benefit of lis members and the general public. whilst complying with ils constitution, the requirements of the charity commission and acting in the best interests of the charity. The Management Board 1$ responsible for running the Charity and its Trading Company with each of the trustees allocated an area of responsibility to observe and report compliance. The trustees take a provactive approach to their oversight of the running of the Club through engagement with board members across the various activities and supported by regular dialogue with the club members. The Chair of the Trustees attends the monthly management board meetings and can confirm that the board activities are managed in a professional manner with accurate minutes kept of the meetings. The Club has a very experien￿d Management Board, which helps make the trustees job much easier. Over the last 12 months as the Club continues to grow and broaden its offer the Trustees have been focussed on building ever ¢10s8r links with all aspe¢ts of the Club. This will be further developed during the 202415 season. During the last 12 months the board have continued to balance maintaining the Club's financial stability whilst also providing investment that allows continued growth. There has been a particular emphasis on identfying new sources of funding & sponsorship. The continued sharp focus on financial performance has been particularly recognised as a Club strength by the trustees. This focus will need to be maintained and honed given the ongoing economic volatility and the constant pressure on its operating costs this year exacerbated by signthcant labour cost increases. The trustees and the Club are also mindful of the financial pressures on the membership base and strive to ensure equality of access to all. Despite the ongoing d)allenging financial climate and additional demands the Club has continued to deliver an excellent financial performance, through the hard work of the facilities team in terms of generating revenue through lettings and careful management of staff costs. The annual accounts reflect the strong financial perfomiance. Thè Financial Reserves held are in line with the charity's govemance requirements (al least 3 months nomal operating oosts) and provide a reassuring buffer. The Charity Commission are increasingly focussing on financial sustainabilty and visibility of funding and the trustees are pleased to report that TRFC are strong in both a￿as. From a rugby perspective the Club has continued to strengthen its position and rugby offering, which continues in contrast to the general trends within the community game. The Club has seen the broadening of rugby activities through increased participation in both walking rugby on Fridays and touch rugby on Mondays. Of significant note is the growth of the girls and ladies. rugby. The youth sections are also committed to working with outside agencies to offer participation to disadvantaged groups within the community. In 202314 continued focus has been pla￿d on the quality and breadth of support offered to all participants of the rugby programme delivered by the Club. The trustees recognise and supporl the professionalism and dedication that all of the volunteers who have contributed to that growth and we congratulate and thank them for their efforts and commitment. The Club is well placed to continue to grow and promote the game of rugby and the trustees are dear that Ihe Clubs clear purpose remains: "To engage and insplre our community through rugby" It is the Club's ability to support what happens on the pitch, with the work that it has done and continues to do i)ff it and, in the community, that enables us to fvlfil its purpose, objectives and deliver on its vision. "An aniateur ¢lub professionally run" TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Objectives and activities Our Object is: . The advancement of amateur sport for the public benefft by promoting, encouraging, and developing the playing of amateur Rugby Union Football in the Trowbridge area for the benefrt of its wider community. The charity achieves its object in the following manner: Provides such facilities as are necessary to support the Charty Object and for other eligible community amateur sports as approved by the Management Board. b. By organising and supporting eligible recreational, social and fund-raisin9 aclivities. c. Membership is open to anyone who is interested in furthering the Charty Object. Strntegi¢ Obje¢tives A revised mission, purpose and set of objectives were published and launched at the 2023 AGM. The Managèment Board have now started to look at a set of slraiegi¢ objectives and a roLrte map to take the Club to 2030 and beyond. This activity includes looking at the rugby aspiration of the Club and further diversification with regards to revenue streams and income. Further to this with the demisé of the Trowbridge Town Council (rrc) development what capital investment is required to enhance the Doric Park facilities. Public benofit TRFC provides facilities and supports amateur rugby activities for the local communty and where complimentsry other amateur sports. After Se￿Ing for five consecutive years as a Trustee Chair is required to stand down and therefore as Steve ThompsonThMartyn enters the final year of his tenure the trustees and Club Management Board will focus on succession to ensure a seamless handover. As chair I would like to thank my fellow trustees for their invaluable advice and time they willingly give, special mention and thanks to Alistair Morrison who steps down this year. As Chair I have enjoyed working with the Management Board in supporting TRFC and hope to build on that further in the year ahead. In recognition of the considerable time and hard work and time that the management board, staff, and volunteers give to our club, the Trustees propose a formal thank you. TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Actlv5ties Summary The TRFC aim remains, to be a happy. successful and sustainable rugby club at th8 heart of the community and it continues to fare signtficantly better than other sports and socia5 clubs. The 2023-24 season was a mixed in temis of results and number of players playing for the Club but in general the njgby offering has broadened, and Ihe playing community has become more diverse. The ambition of the Club remains unchanged, to grow and prosper. During the period of this report the Club has continued to forge links with Ihe wider wmmunity both in terms of promoting rugby but also other charitable organisations. This engagement has been enhan¢ed by Club's onwline weekly programme Park Life which has helped promote all of the wonderful rugby experien￿$ which take pla￿ at Doric Park each week. With the rugby management committee now firmly established there has been significant focus pla￿d on developing the "one dub. ethos to encompass all of the playing groups wilhin the Club. Further to this there has been continued investment in the club coaches and volunteers with the Club providing and funding development opportunities, including coaching. first aid and welfare activibes such as mental health awareness. The Clubs. Commercial activities continue to ¢ritical to the funding of the rugby offering and maintenance of the club's infrastructure. There has beèn a continued strong recovery in comme￿Ial activitiés post COVID with activity levels now being higher than those prior to the pandemic. This has been in large part due to the perfomance of the facilities team who have brought a new focus to and re-invigorated the clubs ¢ommercial offering. 202314 saw another step thange in the qualily and diversity of the offering provided by the facilities team The improvement in trading in conjunction with a new focus Concerning sponsorship has enabled the Club to carry oui essential maintenan￿, inv8St in the refurbishment of the facilities, replace fixtures and fittings and support the ambition of the playing leadership. There has been a concerted efft)rt again this year to enhan￿ the soctal offering for members with a steady flow of events across the year induding post-match entertainment with live acts and promotions to actively enwurage people to stay and participate. There is a fine balance to be struck in terms of events for members and utilising the site for externally funded events. The trustees keep a keen oversight on this balan￿ In addition to this a number of Christrnas parties for members. local businesses and the community. All of these activities have generated much needed revenue. Wth a broad rugby offering, arguably some of the best fa¢ililies in the country supported by a strong commercial offéring, underpinned by a robust business model and strong govemance, If the Club continues to maintain its high slandards, then there is no reason lo expect anything other than further growlh in the future. TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Membership The Club has fared significantly better that many other sports and social clubs. The membership has remained vibrant, strong and at comparable levels over the last 3 year. The current membership trend is provided in the table below. of Membership Lrfe Members vp Senior layers men Senior pla ers women Famil includin minis and 'uniors Associate Cor orate Social 022 2023 024 77 140" 16 812 795 13 28 1087 Total 104 1036 Numbers with . against them reflect registered players not those actively paying membership. Changes lo the RFU Game Management System (GMS) on 1 st July will lead to the Club reporting these figures differenlly ne￿ year. It should be noted that during this period the RFU has changed its re9ulations conceming player registration and affiliation which has resulted in the ability of the Club to have duel registered players, this is particularly relevant to university students. The Club continues to look for ways of providing increased value and benefit to ils membership, both in terms of retaining the current membership, but also as equally important thé re¢witment of new members and increasing its membership base. As part of this the Club incréased thè level of differentiation be￿een members and non- members, therefore, the discount for goods and seNices offered to members from 10 % to 15 /0. As part of Ihe on- going review. the Club is also looking at how the goods and services where this discount can be applied is broadened. In addiiion to this the Club will increase its level of focus in terms of where through sponsorship and partnerships it can increase benefrts available for members. In addition, the Club will investigate and identify opportunities for further corporate memberships and affiliations. TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Prfnclple Funding Sources and Support to Key Objectives. The success of rugby at the Club and Doric Park is ultimately directly linked to the Club maximising revenue from diverse sources so that funding levels support the sustainability of the Club. The club's principal funding sources come from membership subscriptions, sponsorship, proffts from the trading subsidiary, donations from corporate organisations and individuals. The tevel of revenue generated from these areas ultimately enables the Director of Rugby and Ihe Ru9by Committee to meet their ambitions on the pitch and provide the best rugby experience for players and supporters. It is of viial importance that every member pays the correct membership. on time and in full, supporls and promotes the commercial activities of the Club and identifies sponsorship opportunities. The revenue genèrated is used to deliver the clubs principal objective of providing accessible wgby to the local community through the provision and mainlenan¢e of facilitses, training equipment, playing strips and the paymenl of competition fees. In addition to this the cost of qualifications and Continuous Personal Development {CPD) for club coaches and volunteers. The club also provides free Iransport for senior teams playing away fixtures where travel greater than an Hour is required. Further to this subsidised travel has been provided for girls attending England Women's Intemational fixtures. Trading The Doric Park site is beyond doubt th8 best Rugby facility in the area, but it is also one of the b8St all round sport51 leisure and Conferen￿ facility. All members shoukl be justifiably proud of this, and it is important to remember that it is also busy 7 days of the week, therefore offers a great platform to advertise and promote local businesses. The dub continues to raise funding through varied and diverse initiatives. but for every £1 eamed through trading there is an offset cost. For TRFC to survive as a members club it needs 3 strong trading am, and thankfu15y despite many rising costs and a difficult trading sector the trading position is ahead of budget. The economic position nationally has remained challenging, however the facilities team has continued to concentrate its efforts on return business from a number of corporate organisations, identifying new opportunities underpinned by a steady stream of wakes every week year-round, with parties and weddings predominantly through the summer months. During 2023124 for the first time revenue generated by lettings was greater than bar tumover. Club Sponsorship: Sponsorship represents a signffi¢ant opportunity to substantially improve revènue by selling what the Club alr•ady has and can offer, therefore whilst the Club has developed a menu of set packages for sponsorship. The Club also takes a flexible approach and has tailored other packages to suit specific business and individual needs. As part of the approach to sponsorship the Club looks to members who are involved with local or national businesses to identtfy opportunities for additional sponsorship. During 2023124 the Club further developed its offerings to sponsors induding holding "Sponsor's lunches- ahead of senior matches. In addition to this either discounted or free use of the Doric Park venue for corporate and charity events. Fundraising and Donations During the reporting p6riod given the prevailing économic conditions. the Club like many oth8r charitable organisations has faced significant challenges in meeting its fund raising targets. Whilst not achieving the original budget target for sponsorship and donations, fortunate5y this has not impacted the overall financial performan￿ of the charity. This is in large part due to the deficit being off-set by the improved trading perfomiance of the charities trading arm. During the period the players sponsorship scheme has proved to be popular with an increased take up, of particular note is the number of women players that were sponsored. Facllities and Infrastructurn With the pressure on fundraising the optimisation of the Clubs facilities are critical. The Head of Facilities sets out below the progr8ss that has been made over the last 12 months. TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 AGM Facllftles report 2024 In spite of the continued difficult tTading conditsons seen over the last 12 months the facilities and letting activities of the business has continued to do exceptionally well. Lettings are up. and with increased staff costs as a result of a significant rise in minimum wage the focus has by necessity been on maximising returns for minimal staff and other costs. Many venues have similar ¢halleng8s, and it is increasingly difficult to find many hospitslty businesses open 7 days a week, but with the rugby at weekends that remains the Clubs ambition. The facilities team ha$ 3 fv11 time pemianenl members of staff who between them have managed the intemal and exlernal parts of the Club and lis business activities vary w811. Facilities contribution The strong trading position has enabled the Club to undertake some improvements internally and externally including redecoration and Ihe renewal of the floor in the main bar and loung8 aréa. In addition to this the replacement of some fumiture. Extemally there have been repairs and replacements for car park lighting and some running repairs to the gravel car park. There are some much larger capital expenditure costs on the horizon. parti¢ularly the heating system. bul for the moment that is not of immediate GOn￿rn. All of the facilities and capital items are fijlly maintained and up to standard required. Electri¢ fixed wiring testing has been completed this year which led to a number of repairs to the fixed wiring, and this is part of a mandatory 5 year test program. All other mandatory tests have been completed. Conclusion The hospitality sector has been in decline for the last decade. but the club has continued to thrive and deliver growth in its commercial operations in large part because it has a first dass well maintained and run facility that is conveniently located out of town, with ample parking and the crematorium less than 3 miles away. However the Club cannot ￿ compla¢ent, as inveslment in local amenities and infrastructure continues new Options for the public and businesses are becoming available, thereforè trading will remain challenging. Continuing to be competitive from a pricing perspective, providing a flexible venue and maintaining high standards with a clear focus on delivery for both members and extemal customers will continue to deliver further growth in the future. Slgnlflcant Other Fa¢tors Since the relocation of the Club to Dori¢ Park there has been significant dialogue with rrc con￿MIng iheir long- held ambition to create enhanced sporting facilities within the town. particularly an all-weather playing surface. As part of this ambition the Thc acquired a parcel of land adjacent to the Club with the aim of creating a sporting hub. The land acquired by rrc is currenlly land locked with the only suitable access being through the Club's main entrance and across a designated training area. A¢￿$S also required the reworientation of the Clubs, children's play park. This has now taken place funded by TTC and grants from Wilishire Council, including replacement play equipment. In January 2024 as a result of delays which subsequently created affordability issues and with no realistic prospect of the project being viable in the future, TTC cancelled the proje¢t. Subsequentty the planning pemiission for the developmént has now lapsed. Dialogue with TTC continues but any fim decision ￿nCernIng the fLrture use or disposal of the parcel of land is yet to be detèmined. TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Achlevements and perfomian¢e Summary of tho main achievements of the Charity during the year The TRFC aim remains, to be a happy, successful and sustainable rugby club at the heart of the community and to play at the highest level that eAn achieve across all age grades, types and genders of the game. The 2023-24 season was a mixed in temis of results and number of players playing for the Club. The number of Minis & Juniors playing the game Ihis season has been comparable with last season with some teams growing and others shrinking slightly which is normal. As part of this the Club has forged partnerships with other clubs to ensure that where age groups are slruggling 'barbarian' sides are fielded so that rugby opportunities are still available. There has been an increase in Ladies playing and the Girl's teams continue to grow which is very exciting for the future. This $6ason also saw the Walking Rugby team gr¢)w in stature entering and playing ir) more fixtures and festivals. The individuals who have led these groups deserve great credits and a huge thank you. During the period of this report the Club has continued to forge links with the wider community both in temis of promoting rugby but also other charitable organisations. Of note is the continued provision of free summer taster sessions, the delivery of school's rugby events, the growth of walking wgby and support to organisations such as Teenage Helpline and Wilishire Council Fostering Se￿iCeS. This season has seen further development of the Club's weekty programme Park Life which has helped promote all of the wonderful rugby experiences which take place at Doric Park each week. The Rugby sU￿MMittee is now well established which is helping facilitate better collaboration between the different sedions of the Club and ensuring thal the club provides the best possible rugby experien¢e with the available resour￿$. The committee have created dear goals which will help monitor performance and drive standards next season. The coaching across the Club is improving but there continues to be significant work to do in this area if the Club is to improve its rugby output and meet the expectations of those participating in and watching the game In addressing this challenge the Club has increased the number of coa¢hes completing RFU ¢oaching courses. Senlor Rugby AGM Report 2024 sin￿ its inception the role of Director of Rugby (DOR) has been a critical leadership role within the Club both on an operational level but crucially in setting the long term vision for rugby across the club. Having been elected as DOR at the 2023 AGM. unfortunately Matt Howard tendered his resignation in late 2023. As a result of this siiuation Scott Williams was appointed by the Management Board as DOR on an interim basis pending the 2024 AGM. Give the significance of this role in delivering the Clubs core activities, the Management Board is to be commended on its swift and decisive action in addressing this issue. Special recognition should also be given to Scott for taking on this pivotal role under difficult circumstances. As a result of this intervention Scott will seek nomination and eleclion as DOR on a permanent basis at the 2024 AGM. Season Review 2023124 The 3rrl XV team have had mixed fortunes with highs and lows throughout a sporadic and disjointed season. The team played 14 of the planned 18 league r￿tUreS winning 8 and losing 10 matches. Unfortunately, three games against Coleme RFC wore cancelled as the Club were unable to raise a side for the games. In addition to this Wamiinster RFC 2nd XV team folded having Can￿lled too many matches during the season. As the only club in the local area with a 3ryJ XV team il has been challenging with the team often playing 1M or 2nd XWS teams from other clubs. TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 The XV team have enjoyed a steady but disappointing season finishing in 6th place out of 9 teams in the Counties 2 D&W Central league. The team were somewhat hindered by a lack of fixtures as the league only had 8 teams (meaning 14 matches) after Corsham 2nd team were removed from the league for not having a team. This has meant that maintaining momentum has been hard with lots of rest weeks. Unfortunately, not many of the regular players in the squad attended training which adversely impacted the team's performance level. Highlights included an excellent away win at Salisbury RFC and drawing with Warminster RFC 151 leam who were competing at the top ofthe league at the time. The 1st xv team finished in 6th position in Regional Two Tribute Severn League, the clubs highest ever finish at Level 6. The team were 3rd at Christmas bLrt a tricky Tun of games in the new year meanl the leam dropped down the table slightly. The team disappointingly lost to Chippenham RFC in the quarter finals of the Bath Combination Cup but performed very well in the RFU Papa John Cup Gompetition beating Keynsham RFC, Gordano RFC and Wadebridge Camels RFC before narrowly losing to Drybrook RFC in the semi-final. Ethan Hutt should be commended for doing an ex￿lIent job in his first season as 1st XV team captain. Boys A¢ademy- Colts The Academy Team has had a number of challeng8s this year, not least difficulty in securing regular fixtures, this has required the team to travel further afield. There has also been ¢hanges in key personnel coaching and supporting the team. Despite these challenges the team has remained together and when given the opportunity to play. put in some strong performance. On a positive note the lack of fixtur8s has provided the opportunity for several of the older players wilhin the group to play senior rugby. Transition Pathway The focus on the integration be￿e@n the Academy and Senior sections of the Club has continued and remains a priority for improvement and development. With a number of the Academy players having been given the opportunity to play senior rugby this season being a clear demonstration of the improvements made. There is further work and improvement required and as a further step on this journey, from the 2024125 season a new Head ofAcademy ha5 been appointed who will report to the DOR as opposed to the Head O Junior rugby. Further work is needed to address the requirement for the senior playing squad leadership groups to complete the quired assessments and vetting. This is required lo enable the club to be accredited for 17-year-old players, being able to play senior rugby. Junior Rugby- Youth & Minis General TRFC continues to be strong and vibrant across almost all age groups, however there are challenges in some areas. This is in line with the general trend acioss the country with the Club fairing better than most. There has been significant effort and focus on retention and recruitment of both players and volunteers. As part of this there has been continued engagement with local schools and the community. As part of the general improvements made in the administering and running rugby within the youth and mini's the dub has rJeated a template for new volunteers with the aim of speeding up the process of getting volunteers onboarded and through the basic accreditations. The club has again run a number of events for lo&ql schools both on its own initiative but also in support of other outreach programmes delivered by Bath Rugby Foundation and WASP. TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Qualifications The development of club coaches, referees and volunteers remains one of the Clubs key objectives and whilst the number of people attending fonnal training courses with the RFU has reduced this year, there has still been a number of volunteers who have attained qualifications and attended CPD courses. There ha5 been continued to be focus in Ihis area to ensure that the Club not only has the right number of qualified coaches but that they are also ompetent. Coaching shortfalls have been identified and action put in place to address Ihis induding additional 5UPPOrt and mentoring. Youth Rugby The club has managed to maintain numbers at a comparable level to 2022123 season. Wthin the Girls section growth has continued lo be strong providing good solid foundations to enable fvrther development. The Boys U15's age group continued to play wilh Melksham RFC U15's as a Barbarian team. West Wlts Warriors. The initiative has continued to ensure the opportunty for regular rugby. The initiative has been a great success and the group has fomied a strong bond with a deterrnination lo complete their joum8y to adult rugby together. Malntain l Grow Numbers Numbers remain Strong across the boys. teams although more work is needed for the Under 13$ and Under 14$ who continue lo be less optimal in temis of numbers. Academy boys team had 30+ players Girls section continues to grow with 50+ players. U12. U14 & Academy partnering with Chippenham RFC and Royal Wootton Bassett (RVVB) RFC for fixtures while the Under 16's have 25+ players and play as a standalone team. The CSub has continued to build its outreach programme and has held meeting with all local secondary schools to stsrt fostering better relationships. The Club hosted a girfs U14 schools toumament with Bath Rugby Foundation. 4 s¢h¢)ols attended with 2 of our Academy players refereeing matches. Attended Active Trowbridge Festival in July Star Scheme implemented supporting children with multiple Adverse Childhood Experiences to access rugby started with first children due to arrive at the club in the summer 2024 Playlng Progress This season 6 Boys Academy players played senior wgby - all appeared for the 2fKI XV team and four also played for the 3rd XV team 4 Under 17,5 Academy Players were selected for the D&Ws RFU team and 1 joined the Bath Rugby Player Development Group 3 Academy Girfs played for the D&Ws RFU Under 18s team 6 Under 14's players were selected for the Bath Rugby DPP allhough 3 players have since left the dub Boys Academy team beat Shert)ome RFC in the D&Ws RFU Under 18's Vase Boys Under 16's tearn lost in the semi-final of Ihe D&Ws RFU Under 16's Cup to the eventual winners. Blandford RFC. Girls Under 16's team only lost against 2 leams during the whole season. Results generally across the age groups have been mixed with playing time adversely impacted by the poor weather this season. TROWBRIDGE RUGBY FOOTBALL CLUB {1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Voluntsers Coaching teams across the Youth section remains robust, with several new coaches joining the Boys U13s Age Group. Further work is required wf(hin the merged Boys U145 coaching group. to encourage additional Tri)wbridge coaches. Team administration across the various age groups has continued to be a great strength within the club. Overall volunteering across the Youth age groups remains positive. with Many parents involved in some aspect of providing support. whether thal is coaching. first aid, team management, parking, cooking food and supporting events at the club. 7 coaches across boys section and 3 coaches across the girls section are RFU ERCA qualffied Coaching numbers are strong across all age groups. The Club's safeguarding lead continues to ensure that club volunteers are DBS checked and that there was support in place whilst their checks progressed. Socials and events promoting rugby and Doric Park During the 2023124 season there has been a revised approach to social events for the youth teams which has enable better co-ordination of events. providing a better experience for Ihe players and parents. Each of the teams has continued to run its own events. using Dori¢ Park to host a number of these activities. The under 12's (boys & girls) were welcomed to both the Junior Xmas parties and presentation evenings The splitting of age groups for Christmas parties and presentation evenings has proved to be a great Suc￿ss. The split provided separate events on different evenings for- U12's to U14's and U15's to U18's. All Junior Ag8 groups have sponsors for club playing shirts and in some cases multiple $pon$ors. There has been a greater social media prèsence across the Club's social media channels and through the Parklife online weekly match programme. Mlnl's Rugby General Thè Mini's section has seen a further change in leadership during th6 2023124 season and is oftén the case with new leadership there has been a further focus on improvements to the Clubs rugby offering. Malntaln l Grow Numbers The Club has managed to maintained numbers in each age groups which this season has averaged between 1 &25 per team. Supported Wfiltshire Area & Swindon Sports Partnership (WASP) organisation in provision of 2 primary schools festivals in March attended by 10+ schools and over 200 children across the Iwo events. Supported Bath Rugby Foundation and Slar Scheme hosting Newtown Primary School for a sports festival. Attended Active Trowbridge Festival in July. Star Scheme implemented supporting children with multiple Adverse Childhood EXperien￿S to access rugby started with first children due to arrive at the dub in the summer 2024. Integration -.one Club" During the season, the Mini's have provided an Honour Guard and played demonstration games for 1st XV Home matches. This ft)rms part of the wider initiative to create a "One Club" culture. Volunteers During this season the Club has expanded the coaching team for the Minis section where it has been needed with each age group continuing to ¢onsislently have be￿een &5 coaches per team and that each has group has first aiders, team admin and regular volunteers to control car parking. 10- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Qualifications All age groups from U9s upwards now have RFU ERCA qualified head coaches with one head coach now working towards ERAA. One member of the Aeademy is working with Little Ruggers to complete the RFU ERCA qualification. The Club's safeguarding lead continues to ensure that club volunteers are DBS thecked and that there was support in place whilst their checks progressed. The first aid provision has been expanded to 2 First Aiders per age group. So¢lals and ovonts promotlng rugby and Dori¢ Park The Mini's section has had some notable suc￿sSeS with social events ar)d encouraging more people to participate in activities at Doric Park. This has induded.. Organised a successful Halloween paty and Christmas Fayre. Due to the numbers now involved, the Minis Christmas paty and end of season presentation was changed, splitting it into two groups with 2 separate events on the same day. Little Ruggers to U8's as one group with the U9's to U11's forming the other. This approach proved a great success and received good feedbath from both parents and children. The revised approach ensured that both events were relevant and fvn for all ages, while it encouraged a higher attendance too. There has been a greater social media presence across the Club's social media channels and through the Parklife online weekly match programme. Women's Rugby The continued significant focus by the Club on its strategic objective to promote and develop girls and women'5 rugby has buiSt a strong foundation which has proved to be key during the 2023124 season. There have been an number of ¢hallenges and some turmoil within the women's team but as a result of these foundations the women have overcome the challenges to: Regularty play competitive rugby and complete the most amount of games in a regular season. Achieve the most league points for a season in recent history. Routinely have 25 players to select from for a game and have Ihe most amount of players who play in a game. Players achieving representative honours wilh D&W RFU womén's team The Women's team is still very much continuing its development and continues to grow in stature. This season the team has been very much focused on the experience as opposed to the resulis an to their credit have tumed out even when knowing th8y fa￿ stiff opposition and a drficult aftemoon. This is even more incredible given some of the dislan¢es they have been forced to travel simply to be able to play games. Soclal Rugby With the re-organisation of the Rugby Management Committee there is now a new Head of Social Rugby which encompasses both Touch and Walking Rugby. Touch Rugby The club provides a venue for Touch Rugby and is registered as member of the RFU Touch Union. This enables the club to provide weekly pitch up and play sessions for Ihe local community which run throughout the year, except for breaks for Christmas and Easter, on Monday nights from 18.15 - 20.00, These sessions have continued to be popular, indusive, and well supported. Numbers have continued to be impressive compared to other clubs, with weekly numbers of around 25-30 during winter months, and 70-80 during the summer months. 11 TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Walking Rugby Walking Rugby runs throughout the year. excépt for breaks for Christmas and Easter, on Friday nights from 18.30 - 20.00, for adults ir￿Spective of age and gender. The team is well organised with its own sponsors. As a result of an increase in the popularity of walking rugby and the number of local leams now offering it as part of its rugby offerin9, the team seen an increase in regular f￿Ures. This means Ihe team been well travelled taking part in several futures and festivals this season. Rugby Oporations Regular match day medical cover has been provided for all senior men's teams by qualrfied sports injury therapists with trauma injury training. It has been provided on an ad-hoc basis for the women's team with the aim for the 2024r25 season to make this a regular provision for all games. The Club has continued to support players through thé provision on an injury dinic on Tuesday evenings and this continues to be a valued provision. This provision has been expanded to include members of the women's team. The dub has continued to fund ¢oa¢hing qualifications and Continuous Personal Development activities making significant investment in the development of its coaches and volunteers across all sections and age groups. The number of training events supported this season has been lower than previous seasons. in the main due to the number of individuals who have previously undertaken training and the stability of coaching group. This remains a critical part of the club's ability to deliver a sustainable, quality, and valued rugby offering. As a club we continue to have one of the stronger Cohorts of referees both in terms of standard and numbers who are affiliated to and play an active role in the Dorset and Wills Referees Society. The group has a strong leadership, regulady wnning its own intemal training sessions. The club continues to look to grow and enhance its cohort. The club continues to make significant investment in its playing and training pitches to maintain facilities that are recogni$ed as some of the best in South West England, with regular demand from extemal organisations to host fixtures. Recreational and Social Several key individuals have mad8 a con¢ertèd effort and worked hard to develop the social aspects of Rugby bringing in much needed revenue and profit at weekends. There has beén a steady flow of events across the year including post-match entertainment with live acts and promotions to actively encourage people to stsy and participate. The Clubs sporting dinner has continued to be a key event in the Clubs diary, it has remained popular, well supported and generates signrficant revenue for the club. This year has also seen the Club continue the provision of Christmas parties for local businessès, community groups and club members. These events have proved popular, are often over-subscribed and gen8ratéd much needed income. Financial review Reserves policy It is the policy of the charity that unrestricted funds whi¢h have not been designated for a specific use should be maintained at a level equivalent to three month's expenditure. The trustees consider that reserves at this level will ensure thal, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. 12- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Future Plans & Obje¢tives The updated club mission statement and values document launched at the 2023 AGM sets out the key rugby aims and objectives for each area of the club and the associated activities, defining how progress and sU￿e$S will be measured. The aims and objectives set out in 2023 remain valid in 2024 with good progress being made in many of the areas identrfied. As a result of the prog￿$$ made there have been some adjustments to the targets set. The updated Mission Statement is.. To be the very best rugby club at the heart of our communlty. We ￿.11 play a brnnd of rugby that is fun to play and exciting to watch and pride ourselves on being a club that has its foundations built on hard work and fairplay. Ouraim is to make Doric Park THE communitysports venue in the local area. Future Priorities and Allocation of Resources. Senior Ladies and Men's Rugby To be the highest performing dub in South West To have Suc￿$$fUl senior sides who fulfil all of their fixtures. The ambition is 3 male sides and ultimately 2 or more ladies, sides. At18ast 500fi of all senior players to have Come through the junior ranks. To provide fun rugby for all with so¢ial touch and walking teams. To provide adequate First Aid 5UPPOrt for all teams Junior Female Rugby To provide U12, U14, U16 & U18 rugby training and match playing opportunities for girls of all ages, ensuring an indusive, and enjoyable enwronment which can be experienced by all. To build on recent success and increasé participation for girls of all ages to ensure a steady flow of girls 'gradualing' into the senior ladies, téam. To provide qualty coaching to improve skills and wmpetitiveness whilst promoting Teamwork. Respect and Enjoyment ensuring good discipline from everyone and displaying excellent sportsmanship amongst our girls. To provide adequale First Aid support at all levels Junior Male Rugby To have a squad size of 20+ in each age group To have at least one Level 2 qualified or equivalent coaches per age group. aspiring to 2 per age group To ensure a steady progression of Colis players into Men's teams each season To provide adequate First Aid support at all levels Boys and Girls Mini Rugby To provide a fun. no pressure environment to start playing Rugby. To attract new coaches and volunteers who will follow their children through the dub. To prowde adequate First Aid support at all levels 13- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Soclal Rugby, Referees and Voluntsers Continue to support and grow our touth and walking rugby so that we can devek)p these teams and play regular (monthly) fixtures. Offer a pathway for Referees so that we can become a central training facility for new officials in the South West. Support our Volunteers with adequate funding for Iraining equipment when needed. Conlinue to recognise our Volunteers by way of annual awards ceremony. Establish Doric Park as a key regional Rugby and Sport ￿ntre for training courses on Rugby, First Aid, Mental Health. Further to this look for opportunities lo host a broader rang& of sporting activities for other dubs, groups, and organisations. Commercial Operations Diversify and maximise revenue streams from Doric Park as a venue. Create apprentitsship opportunities within our commercial business to provide genuine community development. Sponsorship Whilst recognising that the currenl financial climate is diffi¢ult the dub will continue to work to broaden its appeal and offering io local businesses through the development of a broader range of sponsorship opportunities. A new prospectus has been produced with a focus of bringing a wider and more a¢￿SSIble range of comme￿Ial opporbJnities to those who wish to invest in sponsoring our club. Digital Footprlnt The club has made significant progress in developing its digital footprint. including social media, websites, and its weekly ewzine Park Life which has been relaunched in 2024 with the aim of enhancing its presence and by doing so: Increase its presence and levels of publicty. Improve communications with the membership and the wider public. increase commercial activities and sponsorship. Promote Doric Park as a community asset, social and business venue. Measurement of Future Success Reasons for Measurlng Help us achieve our shared objectives. Identify age groups with actual or potential problems. Offer help and support where needed. Ensure that our slandards are met on inclusivity regardless of age, gender, ability. or finances. Senior Ladies and Men's Rugby Player numbers increased year on year. Coach numbers increased year on year. Coach qualifications in the year League & Cup progress -14- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Junlor Rugby Player numbers increased year on year. Coach numbers increased year on year. Coach qualrfications in the year Cup progress Mini's Rugby Player numbers increased year on year. Coach numbers increased year on year. Coach qualifications in the year Set a minimum match targel each year. Social Rugby. Referees and Volunteers The touch and walking rugby teams enhance their playing numbers and play at least 6 fixlures during the season with Iwo of those being attendance at a recognised festival. The dub hosts at least 1 RFU referees training event Per year. An annual volunteer recogniiion event is held. Membership As a minimum 2 additional beneffts are added to the Members benefit package. The club membership as a minimum is maintsined within 5% of its existing level with an aspiration to grow by during the 24r25 season. The dub secures at least 1 furth8r corporate membership. Commercial Operations Trowbridge RFC (2018) Ltd as a minimum year on year provides an increase it its donation to the club commensurate with the Consumer Price Index at the close of the annual accounts. The club employs a minimum of 1 Apprentice wilhin its commercial operations. Further diversifi¢ation of commercial activities resulting in a 25°A increase use of the playing area$ of the club for commercial activities. Sponsorship For the fiscal year 24125 there is an increase in sponsorship revenue of1 OOA with a stret¢h target of 200h. Facilities Overflow Car Parking:. The development of additional parking capacity at the end of pitch one to reduce the reliance on Paxcroft Farm overflow parking. Stand:_ The installation of a stand on pitch one opposite the club house. This is to be funded Ihrough sponsorship and debentures. Catering Facilities:. Outside mobile catering is provided during the weekend for matches and training Storage:. 3 replacement storage container sourced and installed. Replacement Scoreboard:_ Installation of a and electronic scoreboard. EV Charying Points:. Installation of EV charging points in the main car park. Solar Panels:_ Installation of solar pane15 on the dub roof. 15- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Structure. govemance and management The Trowbridge RFC 1931 charity 15 established and governed through its constitution document which was last updated on 1 st August 2016 and is at revision 2. The charity has a trading subsidiary Trowbridge RFC 2016 Ltd. Trustees are appointed in a¢cordance with paragraphs 12 and 13 of Ihe Clubs Constitution. A simplrfied representation of the organisation is shown in the diagram below. I*FC20I6 Lid Adminislr4l¥xs ad Coath klE4d CoorthnatLY FwsiA Yotsth lthutes klini'%lusby -16- TROWBRIDGE RUGBY FOOTBALL CLUB {1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 RecNlknent and appointsnent of trusteos The Trustees of the club typi¢ally serve a 5-year rotation attending up to four formal meetings per year in addition to specific planned intera¢tions with the elements of the club they have been assigned lo liaise with as part of their role. In estsblishing board of truste8. the dub aims to balance fair representation together with the knowledge and skills required to provide effective governance. knowledge, and support to the organisation. Typically, we seek to ensure that there is balance across the trustees to complement the business line struciure that supports the club's ambitious and diverse business model. with experience and skills in.. Finance Employment Law Health & Safety Practical knowledge of the Community game of Rugby Charity Sector Experien Leadership, People and Culture Trowbridge RFC ffRFC) is committed to broadening and developing its offer to the wider community and as such we are seeking to build a wider representation across all interests of the club together with ensuring wherever possible to ensure we have proportionate gendèr representation. The recruitment process begins one-year prior election as we seek to assess the ongoing requirement for the next trustee vacancy before selecting possible candidates ahead of election. On or before their appointment each new charity trustee is provided with a Copy of: The Clubs constitulions induding any amendments that have been made. Th8 Charity Trustees, latest annual report and statement of accounts. Once ele¢ted Trustees will then receive a structured induction programme. Trustees: Steve Thompson-matyn - Chair of Twstees Ron Jones Alistair Morrison- Temi ends July 2024 Matthew Weaver David Solomon Beverley Roberts Trowbridge RFC 1931 Management Board Honorary Club President- Chris Lamb Honorary Club Chairman- Derek Tucker Honorary Director of Rugby- Matt Howard (Resigned 611212023) Scott Williams Interim Director Of Rugby Honorary Finano & Administration Manager- Kevin Davis Honorary Governan￿ Manager- Sarah Davies (011212023) James C¢)ok assumed responsibility. Representative (Honorary Director) from TRFC Trading Subsidiary TrovA>ridge RFC (2016) Ltd Appolnted Directors Chris Lamb Charles Roberts Derek Tucker 17- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Govemance and oversight ￿vIeW In February 2024 Sarah Davies stood down as Head of Govemance to avoid any conflid of interest with her role as Doric Park Facilities Manager, with James Cook tsking on the role. All officers of the Govemance sub-committee remain in post In taking up the role of Head of Govemance James Cook has and continues to undertake a fvll review of all governance policies and processes, a review that is due for completion by 31st July 2024. In addition as the activities of the Club continue to develop the suggested policies set out by the Charity Commission are reviewed constantly with régards to their relevan￿ to the Clubs operations. The following sets out a brief overview of Govemance matters that have arisen over the last 12 months. Following a challenging start to the season, with a particularly long running case, the season has ended wilh the Club in a good position regards governan￿. The major remaining action stemming from the review compleled is to update and rationalise the number of policy documents the Club has by the 315tJuly 2024. Rugby Safe:. There were no signifi¢ant Changes to the RFU'S requirements and the Clubs approach to ensuring ompliance. Player requirements with regards studs & referees to check studs before matches. was re- communicated to coaches. team managers and club referees. Flrst Aid:. The Clubs in house first aid trainer provided a number of training sessions through the season to accredit new first aiders and refresh current ones. The Club continues to have good cover, ensuring there are a minimum of 2 first aiders for each of Ihe age group in the Mini and Junior sections. A challenge remains with the provision of first aid certificates lo volunteers who have completed the course, this is being followed up with the organisation providin9 training accreditalion. RFU Game Management Systems (GMS):. There has been no change to the previous season, with the registration of players for all age groups (Mini. Junior, Senior Women and Senior Men) being progressed, however. this has required significant micro management from the Clubs Registrats"on and Membership Secretsry. The functionality of the GMS system has continued to be problematic, particularly with regards to Creating team selections, compiling match Cards and recording results. This has proved to be particularty frustrating for volunteers in key roles responsible for these activities. There will be further challenges as we enter the 2024125 season because the RFU is changing the approach to senior player registration. The change requires all senior players to ¢omplete their own registration with the Club. The RFU has appointed consultants to review the GMS with a view to either a significant upgrade or replacement. TRFC Membership:. After many years as the TRFC Membership Sécrétary. at the end of 2022123 season, Mike Jamés stepped down with Erron Cook taking on this role in conjunction with her role as the Clubs Registration Officer. This change and the linking of the 2 roles has provided better Coheren￿ and clarity with regards the Clubs membership and player base. A full review and audit of membership and regislrations has beèn completed, resulting in a deansing of the Club records. however there remains further work to do in this area. Safeguardlng:. A number of issues earlier in the season, created a very high workload, but this has returned to a more normal volume towards the end of the season. An audit by the Dorset & witshire RFU {D&W RFU) Safeguarding Officer remains overdue, which has been chased a number of times by TRFC. Di$¢ipline:. A good season with règards to on field disciplin8. With the club only receiving 2 red cards across its 3x Senior Men's. lx Senior Women and 8x Junior Boys & Girls teams. 18- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Decision Maklng The general provision for members taking decisions is defined in paragraph 10 of the clubs, constitLrtions. Through their election and appointment by the members at the Annual General Meeting, the Management Board of TRFC are responsible for decisions Con￿mIng the day-to-day management and execution of the Club's activities in relation to its charitable aims and delivering public benefit. This also encompasses the commercial activities of it trading arm Trowbridge RFC 2016 Ltd. Decisions are made and ratified at monthty Management Board meetings. Pay and Remuneration Staff remuneration rates are set and reviewed annually based upon market rates for the sector and prevailing relevant Statutory Living Vvage criteria. Length of service, experience and impact upon our business performance are also taken into consideration. This year has seen a significant increase in the Statutory Living Wage. Risk The major risks to the Clubs sporting and business activities are reviewed annually and systems andlor procedures have been established to manage these risks. Collaboration and Communlty Activities. Doric Park has continued to b8 the home of affiliated clubs that include: Avon Va118y Runners Trowbridge Bridge Club The Club has continued to collaborate and foster its reSationships with several organisations and thorough its affiliation to the RFU and D&W RFU It has promoted, hosted and supported adivities including.. The RFU in delivering education and development activities for coaches, players. and administrators. Bath Rugby Community Team holiday coaching and skills dinic. Bath Rugby Foundation events with a specific foujs on diversity and indusion. STAR Scheme- Support Transfomi and Achieve through Rugby. Further lo this the Club routinely works with and supports adiwties delivered by: Wilishire Area Sports Partnership IWASP) Trowbridge Town Counci5 ITTC) Active Trowbridge. The Club has been an early participant and supporter of the STAR scheme which supports rugby acces5 to individuals who have in some way been disadvantaged. The Club has an active engagement programme wilh local Schools and colleges striving to host multi school events in partnership. The Clubs free summer fun sessions for local children of prirnary school age continue and remain popular. The sessions delivered by the Clubs volunteer coaches play a signfficanl part in the Club's outreach programme to the local community which in tum promotes the club. As part of its wider charitable activities the Club has also provided support to". Teenage Helpline Wiltshire Council Fostering Services. Wilishire Air Ambulance 19- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 The trustees, report was approved by the Board of Trustees. S R Thompson-matyn Trustee Date.. -20- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TROWBRIDGE RUGBY FOOTBALL CLUB (1931) I report to the trustees on my examination of the financial statements of Trowbridge Rugby Football Club (1931) (the charity) for the year ended 30 April 2024. Responslbllllles and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 {the 2011 Act). I report in respect of my examination of the charity's financial statements Carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examlnerfs slatsment sin￿ the chariiy's gross income ex￿eded £250,01)O your examiner must be a member of a body listed in section 145 of the 2011 A¢t. l ¢onfirm that l am qualrfied to undertake the examination because l am a member of the Institute of Chartered Accountants in Engalnd and Wales, which is one of the listed bodies. Your attention is drawn to the fad that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preferenc8 to the Accounting and Reporting by Charities= Statement of Recommended practi￿ issued on 1 April 2005 which is refe￿ed to in the extant regulations but has now been withdrawn. l understand that this has been done in order for financial statements to provide a true and fair view in accordan with Generally Accepted Accounting Praclice effective for reporting periods beginning on or after 1 January 2015. I have ¢ompleted my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting re￿rdS were not kept in resped of the tharity as required by sedion 130 of the 2011 Act". or the financial ststements do not accord with those records" or the financial statements do not comply with the applicable requirements con￿MIng 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 concems and have come across no other matters in connection wilh the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Katy Gooding Goodlng Accounts L 24 Warminster Road W8Stbury Wiltshire BA13 3PE United Kingdom -21 TROWBRIDGE RUGBY FOOTBALL CLUB {1931) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2024 Current financlal year Unrestrfcted Unrestricted funds funds general Deslgnated funds 2024 Restri¢ted funds Total Total 2024 2024 2024 2023 Notes Income and endownients from: Donations and legacies Charitable activities other trading activities Investments Other income 79.563 30,223 101.976 21.083 38,667 79,563 30.223 101,976 21,083 38,667 87,664 32,317 79.473 18.213 39.537 Total income 271,512 271,512 257,204 Expenditure on: Charitable activities 225,765 15,099 24,793 265.657 253,712 Total expenditure 225,785 15,099 24,793 265.657 253,712 Net incomel(expenditure) 45.747 (15,099) (24.793) 5,855 3.492 Transfers between funds {30.702) 30.702 Net movement in funds 10 15.045 15,603 (24.793) 5,855 3.492 Reconclllatlon of funds: Fund balances at 1 May 2023 158,782 113,503 1,486,368 1,758,653 1.755,161 Fund balancos at 30 April 2024 173,827 129,106 1,461,575 1,764,508 1,758,653 The statemént of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. -22- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) STATEMENT OF FINANCIALACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2024 Prior financial year Unrestricted Unrestrlcted funds funds genoral De$lgnated funds 2023 Restricted funds Total 2023 2023 2023 Notes Income and endowments from: Donations and legacies Charitalle activities Other trading activities Investments Other income 62,438 32,317 79,473 18,213 39,537 25.226 87.664 32.317 79,473 18,213 39,537 Total income 231,978 25,226 257,204 Expenditure on: Charitable activities 214.709 10,469 28,534 253.712 Total expenditure 214.709 10,469 28,534 253,712 Net incomel(expendlture} 17,269 14,757 (28,534) 3,492 Transfers between funds (27,881} 27,881 Net movement In funds 10 (10,612) 42,638 (28,534) 3,492 Roconciliation of funds: Fund balances at 1 May 2022 169,394 70,865 1.514,902 1,755,161 Fund balances at 30 April 2023 158.782 113,503 1,486,368 1,758,653 -23- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) BALANCE SHEET AS AT 30 APRIL 2024 2024 2023 Notes Flxed assets Tangible assets Inv8Stm8nts 14 15 1.562.680 100 1,571,870 100 1.562.780 1.571.970 Current assets Debtors Cash at bank and In hand 16 34.050 198,919 14,751 188.312 232,969 203,063 Credltors: amounts falllng due wlthln one year 18 {31,241) (16,380) Net currnnt a8$8ts 201,728 186.683 T•)tal assttsloss curront Ilabllltles 1.764.508 1,758.653 Net assets 1.764,508 1.758.653 Thè funds of the charlty Restricted income funds Unrestricted fvnds - general Unr8Strlcted funds - Deslgnat8d funds 21 1,461.575 173,827 129.106 1,486.368 158,782 113,503 22 1,764,508 1.758,653 17.07. 2024. Th8 finandal ststements were approved by the trust88s on.........,............... B Robérts Truste• olomon Trustee Thompson- Tru8tO9 R D Jon8S -- V trj o¢0 *L 0> 0> *nrin ¢0 O) coo >£t C Q(r)QU¢y)0tta_￿O TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Support costs allocated to activities 2024 2023 Governan￿ ¢osts 6,623 6,741 Analysed bet￿on. Club function events 6,823 6,741 10 Net movement in funds 2024 2023 The net movement in funds is stated after chargingl(crediting)'. Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 1,700 39,892 1,790 38,270 11 Trustees None of the trustees (or any persons connected with them) re￿iVed any remuneration or benefrts from the charity during the year. 12 Employees The average monthly number of employees during the year was- 2024 Number 2023 Number Employment costs 2024 2023 Wages and salaries Social security costs Other pension costs 45,721 1,304 743 50,120 1,399 786 47,768 52,305 There were no employees whose annual remuneration was more than £60.000. 13 Taxatlon The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. -32- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 14 Tangible fixed assets Fre•hold property Land Plant and Flxiur•$ and equlpment fittings Total Cost At 1 May 2023 Additions 1.055.921 3.302 620.444 161,372 10,336 91.193 1,928.930 17,064 30.702 At 30 April 2024 1,059,223 620,444 171.708 108,257 1,959,632 Depreciation and Impairnwnt At 1 May 2023 Depreciation charged in the year 199.294 21,184 82,481 13,416 75,285 5,292 357,060 39,892 At 30 April 2024 220,478 95,897 80.577 396.952 Carying amount At 30 April 2024 838.745 620.444 75,811 27,680 1,562,680 At 30 April 2023 856,627 620.444 78,891 15,908 1,571,870 15 Flxed asset investments Othèr investments Cost or valuatlon At 1 May 2023 & 30 April 2024 100 Carying amount At 30 April 2024 100 At 30 April 2023 100 Investments in subsidiaries are measured at cost less impairment. Induded within investmen1$ in a 1000/0 holding in the ordinary share r2Pital of Trowbridge RFC (2016) Ltd, company number 10120909. Its registered office address is Doric Park, pax￿Oft, Hilperton. Trowbridge, Wiltshire, United Kingdom, BA14 6JB. At the year end, the aggregate capital and reserves of the company amount to £10012023-. £100) Tumover for the year was £397,136 (2023- £339.232). Cost of sales and administration cosls totaled £295.159 (2023.. £259,759). Profit for the year, belore donations to Trowbridge Rugby Football Club was £101.977 (2023.. £79,473). 2024 2023 Other investments comprise.. Notss Investments in subsidiaries 100 100 -33- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 16 Debtors 2024 2023 Amounts falling due within one year: Trade debtors Amounts owed by fellow group undertakings other debtors Prepayments and accrued income 1,251 3,451 8,375 20.973 1,720 6.833 6.198 34,050 14,751 17 Loans and overdrafts 2024 2023 Bank overdrafts 1,810 Payable within one year 1,810 18 Greditors: amounts falllng due wlthln one year 2024 2023 Notes Bank overdrafts Other taxation and social security Deferred income Trade creditors Amounts owed to fellow group undertakings Accruals and deferred income 17 1,810 506 1,219 18,414 5,263 19 9,054 1.019 3,991 6,345 31,241 16.380 19 Deferred income 2024 2023 other deferred income 18,414 Deferred income is induded in the financial statements as follows= 2024 2023 Deferred income is included within.. Current liabilities 18,414 Movements in the year: -34- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 19 Deferred Income (Continued) Deferred income at 1 May 2023 Resources deferred in the year 18,414 Defe￿ed in￿rne at 30 April 2024 18,414 20 Retirement benefft schomos 2024 2023 Defined ¢ontrlbutlon schemes Charge to profil or loss in respect of d8fined contribution schemes 743 786 The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. 21 Restricted funds The restricted ftjnds of the charity comprise the unexpended balances of donations and grants held on trust subject to speGifiG ¢onditions by donors as to how they may b8 used. At 1 May 2023 Resources expendod At 30 April 2024 Restricted fixed asset fund Grant- grounds equipment 1,485,528 840 (24,635} (158) 1,460,893 682 1,486.368 {24.793) 1,461,575 Previous year: At 1 May 2022 Resources expended At 30 April 2023 Restricted fixed asset fund Grant- grounds equipment 1,513.904 998 (28,376) (158) 1,485.528 1,514,902 (28,534> 1,488,388 -35- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 22 Unrestricted funds - Deslgnated funds These are unrestricted designated funds At 1 May 2023 Incoming Resources resources expended Transfers At 30 April 2024 Fixed assets purchased out of General fvnds Building and capital asset resenie 85.503 (15.099) 30,702 101,106 28,000 28,000 113,503 {15,099) 30,702 129,106 Prevlous year: At 1 May 2022 Incoming resources Resources expended Transfers At 30 April 2023 Fixed assets purchased out of general funds Building and capital asset resetve Ashford homes donation 42.132 25,226 (9,736) 27,881 85,503 28,000 733 26,000 (733) 70,865 25,226 (10,469) 27,881 113.503 23 Unrestrlcted funds The unrestricted funds of the ¢harity comprise the unexpended balances of donations and grants whi¢h are not subject to specific condttions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustee5 for specific purposes. At 1 May 2023 Incomlng Resources reSoU￿eS expended Transfers At 30 April 2024 General funds 158,782 271,512 (225,765) (30,702) 173,827 Previous year: At 1 May 2022 Incoming resources Resources expended Transfer5 At 30 April 2023 General funds 169,394 231,978 (214,709) {27,881) 158,782 -36- TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 24 Analysis of net assets between funds Unrestrfcted UnTrstrlcted funds funds general Deslgnated funds 2024 Restrlctsd funds Totsl 2024 2024 2024 At 30 April 2024: Tangible assets Investments Current assetsl(liabilities) 101.105 1,461.575 1,562.680 100 201,728 100 173,727 28,001 173,827 129.106 1,461.575 1,764.508 Unrestrlcted Unre8trictsd funds funds general Designated funds 2023 Restricted funds Totsl 2023 2023 2023 At 30 Aprfl 2023: Tangible assets Investments Current assetsl(liabilities) 85.502 1,486.368 1,571.870 100 186,683 100 158,682 28,001 158,782 113,503 1,486,388 1,758.653 25 Related party trnnsactlons As at 30 April 2024, Trowbridge Rugby Football Club (1931) was owed £3,451 (2023., £1,019 owed to) by its trading subsidiary Trowbridge RFC (2016) Ltd. -37- Trowbridg• Rugby Club (1931) Managom•nt inforn)ation Year ended 30 Aprll 2024 The following pages do not ft>mi part of tha flnancial statements Trowbrldge Rugby Club {1931) Detailed Statement of Flnanclal ktlvltles Year ended 30 April 2024 2024 2023 Donatlons and le Donations Subscriptions Govemment grant ade8 19,994 59.569 10.124 52,314 25,226 Totsl of Income from Donatlon¥ and legacles 79,563 87,664 Charf bl Club function income . 30.223 32.317 Total of Charltable acllvltles 30223 32,317 other tradln actlvltles Commercial trading operations 101.976 101,976 79.473 79.473 Investments Rents received Deposit account interest 18,864 2.219 21,083 17.917 18213 Other Income Advertising and sponsorship Miscdlaneous income 38.667 591 39,537 38,667 TOTAL INCOME 271,512 257,204 Trowbrldge Rugby Club (1931) Detailed Statement of Financial Actlvitl•s Year ended 30 April 2024 2024 2023 Expendllurn ndlture on charitable activities Club function events Club function events 16,608 16,608 30,347 30,347 Sport actlvltles Head coach salary Head coach pension Playing expenses 7,055 50 51,543 58,648 6,925 45,252 52,177 Operation of Glub Wages Employers NIC Pension costs Rent & Water Light & Heat Repairs & Maintenance Insurance Telephone Other offsce costs Depreciation Playing expenses Advertising Subscriptions Bank charges 38.666 1,304 693 1,776 22,698 63,814 5.115 918 1.042 39.892 43,245 1,399 736 16,024 42.386 5.111 1,369 1,601 38,270 926 6,749 185 4,303 7,543 102 183.778 164.447 Governance costs Admin support Accountancy fees 4.923 1,700 6.623 5,041 1.700 6,741 TOTAL COST 265,657 253,712 Nel Incomel (expendlture) 5.855 3,492