Chaiity rngistrallon number 1168769 (England and Wales) Tooding CCOUNTS TROWBRIDGE RUGBY FOOTBALL CLUB (1931) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) LEGALAND ADMINISTRATIVE INFORMATION Trustees B Roberts D Solomon S R Thompson-martyn R D Jones M Weaver C Roberts (Appointed 17 July 2024) Senior management Chris Lamb Derek Tucker Scott Williams Kevin Davis President Chair Director of Rugby Finance and administration manager Governance manager Representalive of trading subsidiary James Cook Any Direclor Charity number (England and Wales) 1168769 Independent examiner Gooding Accounts Ltd 24 Warminster Road Westbury Wiltshire United Kingdom BA13 3PE
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) CONTENTS Page Trustees, report Independent examinerfs report 19 statement of financial activities 20-21 Balance sheet 22-23 Notes to the financial statements 24-35
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2025 The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charitls Constitution, the Charities Act 2011 and 'Accounting and Reporting by Charilies.. Statement of Recommended Praclio 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 psent their annual report and financial statemenls for the year ended 30 April 2025. The Trustees in providing oversight ensure that the dubs purpose and activities continue to be for 'Public Benefit, and meet its obligation5 as set out withing the Charity Commissions 'Public Benefit Requirements. There are currently 5 trustees who meet every 3-4 months. Sin the last report and the 2024 AGM the trustees have held four meetings. This year the format of those meetings has changed to reflect a commitment to work ever more closely with Management Board members and during the year we have had focussed sessions with Minisl Juniors. Goveman¢e and the club president to provide a vision for future priorities. James Cook took on the governance role, returning to feedback to trustees in July 2025. There is an absolute need to ensure that the governance required to run the club via Charity Commission, Companies House and the RFU, whilst having different purpose5 is joined up. James has done some very important work to deliver this and we will develop this more in 2025126. In June representatives of the truslees met with representative5 of the management board to beginning to forge a new cadence of meetings next year. As trustees we are guided by the Charity Commission and in recent weeks, new guidance has been issued on ensuring trustees are ever closer to 8nsuring the financial vitality of the tharity is maintained. The main aim of the TRFC Charf(y is the promotion. encouragement & development of amateur rugby football in the Trowbridge area. As Trustees our remit is to ensure the charity carries out its aims and objectives for the benefil of its members and the general public, whilst complying with its constitution, the requirements of the charity commission and acting in the best interests of the charity. The Management Board is responsible for running the Charity and ils Trading Company with each of the twstees allocated an area of responsibility to observe and report compliance. The trustees take a pro-active approach to their oversight Df th8 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 or designated altemale attends the monthly management board meetings and can confirm that the board activities are managed in a professional manner with a¢¢urate minutes kept of the meeting5. The dub has a very experienced Management Board. whith helps make the trustees job much easier. Over the last 12 months as the club ¢ontinues to grow and broaden its offer the Trustee5 have been focussed on building ever closer links with all aspects of the club. This has been further developed during the 2024125 season and will now expand significantly in 2025126. The Charitylclub continues to operate in adverse economic conditions which are forecast to prevail in 2025126. During the last 12 months thé board have continued to balance maintaining the ¢lub's financial stability whilst also providing investment that allows continued growth. The demand on investment grows exponentially and in re¢enl months the Club has invested heavily in infrastructure to gear us up for future success. There has been a continued emphasis on identifying new sources of funding & sponsorship whith will be more important next year. The continued sharp focus on financial perfomiance 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 conslanl pressure on its operating costs this year exacerbated by significant labour ¢ost in¢reases. Planned government legislation with the employment rights bill places further strain on our staffing costs and flexibility. The trustees and the ¢lub are also mindful of the financial pressures on the membership base and strive to ensure equality of access to all. Despile the ongoing chall8nging financial climate and additional demands the club has continued to deliver a reasonable financial performanc8, through the hard work of the facilities team in terms of generating r8venue through lettings and Careful management of staff costs. Cost conscious initiatives will need to be maintained next year to ensure the Club meets its budget. The annual accounts reflect the financial performance. The Financial Reserwes held are in line with the charity's govemanc6 r8quirements (at least 3 rnonths nom)al operating costs) and provide a reassuring bLrfter.
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 From a rugby perspective the dub has had a fantastic year and has continued to strengthen its position and rugby offering, which continues in ¢ontrast to the general Irends within the community game. The community game across the UK ¢ontinues to fa¢8 into many challénges. 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 girfs and ladies, rugby. Our youth sections are also committed to working with outside agencies to offer participation to disadvantaged groups within our community. In 2024125 continued focus has been placed on the quality and breadth of support offered to all participants of our rugby programme. Over the last 12 months under the leadership of the Director of Rugby there has been significant emphasis on improving the quality and standards of coaching and important changes to the playing leadership roles. The twstees recognise and support the professionalism and dedication that all of our volunteers who have contributed to that growth and we congratulate and thank them for their efforts and ¢ommitment. The dub is well placed to continue to grow and promote the game of rugby and the trustees are clear that the dubs clear purpose remains: "To ¢ngage and inspir8 our community through rugby" It is the Club's abilty to support what happens on the pitch, with the work that li has done and continues to do off it and, in the community, that enables us to fulfil ils purpose, objedives and d81iver on ils vision. An amateur club professlonally run" Objectives and activitios Our Objèct is: . The advancement of amateur sport for the public benefit by promoting, encouraging, and devéloping the playing of amateur Rugby Union Football in the Trowbridge area for the benefft of its wider communty. The charty achieves its object in the following manner: a. Provides such facilities as are necessary to support the Charity Object and for other eligible community amateur sports as approved by the Management Board. b. By organising and supporting 81igible recreational. social and fund-raising activities. Membership is open to anyone who is interested in furthering the Charity Object. Strategic Objectives A revised mission, vison and set of objèctives were be published and launched at the 2023 AGM. The management board have now started to look at a sel of strategiG objectives and a route map to tske the dub to 2030 and beyond. This activity includes looking at the rugby aspiration of the Club and further diversifi¢ation with regards to revenue streams and income. Further to this with the demise of the Trowbridge Town Council development what ¢apital invéstment is required to enhance the Doric Park facilities.
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Public beneflt Trowbridge Rugby Football Club (1931) provides facilities and supports amateur rugby a¢tivrties for the local community and where complimentsry other amateur sports. The Trowbridge Town Council proposal to build an all-weather footballlrugby training PFich and facilities alongside the clubs Doric Park site did not materialise and there is little to Dn prospect of an 8lt?.rnative scheme. After serving for five consecutive years as a Trustee the current Chair is required to stand down at this AGM and would like to thank his fellow trustees for their invaluable support, advice and time Ihey willingly give.11 has been a privilege lo see how the club has bounced back from the Covid years to once again being a thriving club that is at the heart of our community. The Chair has enjoyed working with the Management Board and building a more symbiotic relationship which will continue to develop. It has been an honour to setve TRFC and will continue to do so. In recognition of the ¢onsiderable time and hard work and time that the Management Board, staff, and amy of volunteers give to our Club, the Trustees once again propose a formal thank you.
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Activities Summary The Trowbridge Rugby Club aim remains, to be a happy. sucSsful and sustainable Rugby Club at the heart of the communty and it continues to fare significantly better than other sports and social dubs. The 202425 season was the best ever in terms of results and maintained a healthy number of players playing for our dub but in general the gby offering has broadened, and the playing community has become more diverse. During the period of this report the club has continued to forge links with the wider community both in terms of promoting rugby but also other charitable organisations. This engagement has been enhanced by the dub's oTrline weekly programme Park Life which has helped promote all of the wonderful rugby experience5 which take place at Doric Park each week. With the rugby management committee n¢)w fimily established there has been significant focus placed on dèveloping the 'one club. ethos to encompass all of the playing groups within Ihe dub. Further to this there has been ¢ontinued investment in the club coaches and volunteers with the club providing and funding development opportunities. including coaching, first aid and welfare activities such as mental health awareness. During 2024125 Ihe management l>oard has also reviewed its capacity and succession planning and a new junior board has been established to support certain aspects of developing the dub. The club's ¢ommÈrcial activities continue to critical to the funding of the rugby offering and maintenance of the dub's infrastructure. Trustee Charlie Roberts is now working hard with the club function staff to explore how we can generate more income against a slightly disappointing 2024125 particularly affected by a disappointing Christmas programme of events. The focus on Irading in conjunGtion with a continues focus Conrning sponsorship will enable the club to carry on with its essential Maintenan programme and to continue to invest in the refurbishment of the facilities. replace fixiures and fittings and provide an additional set of floodlights, the latter being a necessily lo create additional capacity for evening activities during the winter months. Doric Park after 11 years is at the point where the club need to invest appropriately in both the buildings and the grounds. In tenns of new iniliatsves. the club has also embarked on building its first stand for spectators. There has been a concerted effort this year to continue to deliver a social offering for member5 With a steady flow of events across the year including promotions to actively encourage people to stsy and participate post-match and to use the facilities outside of match days. In addition to this a number of Chtistmas parties for members, local businesses and the community were again booked in 2024 but the fomiat of these events meant a lower than hoped for retum for the club. These activities Continue to generate much needed revenue. With a broad rugby offering, arguably some of the best faciliiies in the county supported by a strong commercial offering, underpinned by a robust business model and strong goveman¢e. If the Club continuès lo maintain its high standards, then there is no reason to expect anything other than further growth in the future.
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Membership The club has fared significantly better that many other sports and social clubs. The membership has remained vibrant. strong and al ¢omparable levels over the last 3 years. The current membership trend is piovided in the table below. Category of Membership Life Members VP and VP Spouse Senior players men Senior players women Family inc minis and juniors Associate Cor orate Social 023 024 2025 140. 82 12 833 16 12 13 Total 1036 1087 1072 Numbers with . against them reflect registered players not those actively paying membership. Changes to the GMS syst8m on 151 July 2024 hav& allowed us to report these figures drflerently in 2025. It should be remembered that in 2024 the RFU ¢hanged lis regulations ¢on¢erning player registration and affiliation which has sUIted in the ability of the Club to have duel registered players, Ihis is particularly relevant to universty students.
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Principal Fundlng Sources and Support to Key Oblectives. The rugby club's principal funding sources come from membership subscriptions, sponsorship, profits from the trading subsidiary, donations from Corporate organisations and individuals. The revenue generated is used to deliver the clubs principal objective of providing accessible rugby to the local community through the provision and maintenance of facilities, training equipment. playing strips and the payment of cofflpetition fees. In addition to this the c05t of qualifications and Continuous Personal Development (CPD) for club coaches and volunteers. The dub also provides free transport 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. Facilities and Infrastructure th the pressure on fundraising the optimisation of the club's facilities are critical. Derek Tucker once again sets out below the progress that has been made over the last 12 months. AGM Re ort Facilities 2025 These are some of the most challenging times ever seen in the hospitality business, and with over 300 pubs having closed in Englandiwales during 2024 il is increasingly difficult in this sector. Our business operates on a permanent full-time staff of 3, and we have further outsourced items like cleaning over the past 12 months to minimise our fixed costs. The business is sound. and with good stewardship from our General Manager, plus Offi manager and head groundsman we have, to a large extent, bucked the trend. Staff costs are a constant issue, and we have had to manage these much more strictly Ihan historically and make hard decisions. It is no longer viable to open the Club on quiet days just to see if anyone turns up, which is why we have closed over Christmas, Easter etc. Facilitles Ex enditure As Ihe building ages we have had to update a number of kitchen appliances and other items through the year to not only remain compliant with ststutory requirements, but also streamline processes around catering etc. Upgrades to the main bar area like the privacy blinds, rearranged entrance hall, new TVS etc have been funded in part by a £10,000 grant contribulion from the RFU. All compliance related items like fire doors, fixed èlectrics C have been tested and confirmed as meeting statutory requirements. On the back of a sponsorship deal we have installed a Robotic mower (zero cost to the club) to maintain areas of the pitches. This has a positive impact on our carbon footprint (a necessary requirement of any planning applications) and has enabled us lo better manage pitch maintenance both regulatly and through sicknesslholiday absences. Bar flooring has been upgraded in line with forecast expenditure at last AGM. We will continue to be as efficient as possible around expenditure, but where outside wntractors are involved. the costs have escalated significantly over the last couple of years in line with rising staff costs.
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Chan to tradin atterns The facilities team is constantly striving to evohie the dub's offering and build new business. and we have an exlIent team to faGilitate this. Unfortunately, the changed soGialleGonomic demographic means this is a constant challenge. As an example, we saw last year that whilsi the Lhristmas Parts'es have been a constant success in recent years. and ticket sales in advance looked positive the aGtual turnout was poor whiGh negatively impacted bar sales at the events. Our conclusion is that although many Corporates block booked tickets, their staff increasingly failed to tum up at the events. As a consequence, we have changed the structure of sales this year. We are fortunate to have very good staff managing and looking after TRFCIDoric Park, but in a world of ever rising Costs the challenge going forward is to raise revenue. There is less scope to keep cutting costs as these have been trimmed a lot in rec8nt years. We have exlIent facilities that are maintained to a high standard, and a great location, that enables us lo book regular wakes etc, plus we are actively seeking any extra revenue streams that become available. Fundraising and Donatlons During the reporting period the dub has increased tts focus on sponsorship whi¢h has included the continuation of the players sponsorship scheme. Momng forward there will be greater focus on all aspects of sponsorship and trustee Matt Weaver will be working with the sponsorship team to add his commercial ideas. The Dori¢ Park site is beyond doubt the best Rugby facilty in the area, but it is also the best all round sportsAeisure Conferen facility for miles. All members should be justifiably proud of this, and it is important to remember Ihat it is also busy 7 days of the week and Iherefore offers a great platforrn to advertlse and promote local businesses. We are raising money where we can through various initiatives and plans but for every £1 earned through trading there is an offset cost. Sponsorship represents a significant opportunity to substantially improve revenue by selling what we already have, so rf any members are involved with local or national businesses that can provide additional sponsorship opportunities then please come forward. We have already held "Sponsors, meals. ahead of senior matches and tailored other packages to suit individuals. The SucsS of Rugby at the Club and Doric Park is ultimately directly linked to the Club maximising revenue streams either from trading or sponsorship. It is of vital importance that every member gets behind the commercial side of our activities so that the Director of Rugby and the Rugby Committee can meet their ambitions on the pitch and provide the best rugby experience for players and support6rs. Further to this the dub continues to benefit from donations from both members and other organisalions as well as grant fvnding. This signfficant focus has been as a result again of a concerted effort by a small number of club volunteers.
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Achievements and perfomance 2024125 Summary of Rugby Progress The 2024125 season has marked an inspiring and fulfilling chapter in the club's joumey. We've witnessed tremendous success across all levels-both on and off the fIelVh1Ch reflects the dedication and hard work of everyone involved. The "One Club Approach" ethos that was introduced continues to gain traction and flourish, fostering stronger unity and collaboration across all departments. This shared vision is not only taking root but 15 driving tangible progress and a renewed sense of purpose throughout the organisation. This season has also brought about meaningful transformation, with several key roles evolving to better align with the club's long-temi ambitions. These changes have strengthened our foundation and positioned us for continued 9rowth and achievement in the seasons ahead. Senlor Rugby The 2024125 season has been nothing short of extraordinary for Trowbridge RFC. marking a significant milestone in the club's ongoing joumey of growth and achievèment. Our 1 st, 2nd, and 3rd Xvs all recorded their highest-ever league finishes-an outstanding reflection of the dedication, hard work, and Collective spirit that defines our teams. This season also saw the impl8menlation of a new player led registration system, a significant change that involved moving over 100 players onto a new process. Huge thanks lo Erron C¢)ok and Josh Coombs. who led this project so efficiently. Our Membership Secretary served diligently, working with the sele¢tion committée to improve communications and chase memberships., a tssk that was vital to the club's ongoing sustainability. The 1st XV showed real progress, building on last year's 6th plaGe finish to secure 3rd in the league an improvement across nearly every metric. W8 recorded more four-try bonus points (+3}, scor8d 259 more points, conceded 67 fewer, and finished the season 26 league points better off than in 2023124. Despite four narrow defeats by five points or fewer that ukimately cost us a title Ghallenge, the team's growth has been hugely en¢ouraging. The style of play was dynamic and entertaining, and performances reflected the hard work and dedication shown throughout the season. 2nd XV - Champlonsl Our 2nd XV were simply outstanding this year, going a perfect 16 from 16 in the Counties 2 Dorset & Wilts Central League to eam promotion to the Southern Counties South division. This unbeaten campaign wa5 underpinned by increased training commitment and tactical discipline. Credit goes to Head Coach Oz Grant, Manager Josh Coombs, and Captain Nigel Kershaw for leading the group with excellence and determination. 3rd XV - A Huge Step Forward Our 3rd XV also had a fantastic season. finishing 2nd in the Counties 3 Tribute Dorset & Wlts League. For the first time in several years. the team fulfilled every ftUre with a full squad - winning 11 of 15 matthes. Theii success was bolstered by a group of talented Academy graduates transitioning into senior rugby. bfinging fresh energy and skill. Enormous credit tnust go lo Manager Luke Mccraith and Captain Chris Bray for their leadership and commitment. Beyond league success, we proudly brought home Iwo major tiues. The club daimed victory at the prestigious Balh Combination 7s, showcasing our fiair and competitiveness in fast-pad tournament play. Even more impressively. our 2nd XV delivered an unbeaten league campaign to secuie the Counties 2 championship. a remarkable accomplishment that speaks volumes about their consistency and determination. This season's achievements are the result of a unrfied club culture. committed coaching staff. and the unwavering support of our members, volunteers, and community. It's a proud time to be part of Trowbridge RFC. and we look forward to building on this SUCGess as we set our sights on even greater heights in the seasons to come. The senior squad has demonstrated outstanding dedication both on and off the pitch. One notable highlight was the remarkable success of our Movember campaign. which raised over £10,000 for tharity-an incredible achievement that reflects the Gornmitment and character of these players beyond their athletic contributions.
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 As we look ahead lo the upcoming season, we do so with a refreshed coaching structure. Before we embark on this new chapter, I would like to express our sinre gralitude to Ali Lund for the tremendous effort, passion, and leadership he has invested into the sènior section. His impact has been significant, and his legacy18aves Ihe Club in an excellent position to continue progressing. We are delighted to welcome our new Head Coach, Elliot 80er, whose experience and vision will be instrumental moving forward. Joining him are Alex Kilbane and Ollie Bilton, who will both take on dual roles as player-coaches- adding further strength and depth to our leadership team. As we move to a new leadership model, Thanks must go to those who played a leading role in 2024125 Coa¢he$'. Elliott Bowler, Oz Grant, and Jimmy Rees have been exceptional in preparing and developing our players. Managers: Mark Durrant, Josh Coombs, and Luke Mccraith ensured the smooth running of every matchday. Physios.. Hayley Brewer and Paulina Ziokowski provided top tier care and rehab throughout the season. Juniors The junior section has enjoyed another successful year, competing with enthusiasm and determination in county up tUreS, league matches, and frrendlies. This season, our ernphasis was firmly plad on both player and coach devèlopmènt, with a strategi¢ focus on elevating the standard of coathing to help our young athletes grow and flourish. We would like to extend our heartlelt thanks to Grnham Bussons for his outstanding leadership and dedication over the past several years as Head of Juniors. His commitment and hard work have been instrumental in laying strong foundalions for future success. This year rnarked a new chapter, as the role of Heads of Juniors was taken up by Juslin Reid and Andy Evans. Their appointment represents an ex¢iling slep forward for the section. Bolh Justin and Andy bring a shared passion for rugby development and coaching excellence. Wth a c18ar, foward-thinking vision and the SUPPOrt of the senior section, they are well-positioned to drive progress and inspire the next generation of players. The Juniors in summary: Junlor Boys Numbers remain strong across the boys, teams although more work is needed for the Under 148 and under 15s who continue lo be less optimal in terms of numbers. The Academy boys team had 30+ players. 10 + players have now moved fOard into Senior Rugby securing positions in both the 2nd and 3rd teams. In terms of Playing Progress this season 10 Boys Academy players played for the seniors - all appeared for the 2nd team and for the 3rd team additionally a number of Academy Players were selected for the Dorset & Wiltshire team. Overall results generally across the age groups have been mixed wilh playing time adversely impacled by the poor weather this season. We have seen a welcome improvemenl in player perfomiance. Ensuring our younger mernbers experience the social side of rugby at the earliest opportunity is important, over the last 12 months the Under 12s (boys & girls> were welcomed to both the Junior Xmas parties and presentstion evenings. Our Xmas and presentslion evenings split in half - U12 to U14 on one night and U15 lo U18 on the second. All Junior Age groups have sponsors for club playing shirts and, in some cases, multiple sponsors. Through greater social media presence we will showcase the profile and achievements of our younger players.
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Looking forward to 202&2026 a key aim is to maximise retention AND recruitment in 2025126 our target age groups are Under 13s, Under 16$ and Academy - unfortunately these are the most difficult due lo the lack of rugby In schools. We are also heavily focused on retention by working with the new senior head coaches to improve th8 junior and senior integration. This will encompass the 'Trowbridge Way" mindsel. In temis of extèrnal recruitment. we will adopt a Pr¢>active approach from teams on a whole club level to work with schools and opposing clubs to promote TRFC. To 8nable this, we will require a dedicated school liaison to get into schools and understand what we can do in partnership to drive rugby up the agenda e.g. support training, off8r playing opportunities, promote their rugby through our social media which will require an investment time and effort into consistent and innovative social media campaigns to promote Junior Rugby. Our targets are simple.. a net inuease in numbers in the junior section, no games cancelled due to la¢k of players the introduction of a Junior Sponsorship Scheme to maintain and build playing progress we will focus on Ihe following areas Condu¢t a review of waching for each age group and the relevant qualifications and courses attended. Check each age group has a broad sel of coaches with relevant skills and that all coaches are engaged and adding value with each head coach. Heads of Juniors will be working closely with RFU Go-ordinator to open up aCsS to courses and mentoring tools. Organisg RFU lead courses to be held at TRFC Assist with the TRFC Refereeing team to build referee numbers within TRFC and deliver courses. 2 of which are fully booked beforè the 25126 season begins. Apply to join the RFU U14U18 Coaching Development Program. Where there are gaps in coaching t8ams- address and support recruitment- encourage Current Academy players to become coaches if interested Each age group to make use of Veo and review appropriatety with their teams Each age group to have what equipment it reasonably needs to deliver results Work with the newly appointed fixtures team to ensure that they majority of mat¢hes for each age group are competitive and set a suitable thallenge for the abilities of each team Target for each age group to be led by an ERCA qualified coach Target- minimum of 3 coaches per age group Junior Glrls Acaderny The first half of the season saw the girls teaming up with Royal Wootton Bassett Girfs Academy to play in Ihe Gloucestershire League, Performances were good and included several victories. As Ihe season progressed, with number of new girls joining the club and being in a position to field a full team of Trowbridge players, the decision was taken to enter the second half of the GRFU competitions 'As Trowbridge.. Throughout the rest of the season, the girls played a number of fixtures in these competitions {league and ¢up) wilh mixed results. With only a handful of players moving out of the academy age group, and a large, strong contingent moving up lo academy next season from U16s, the academy is expected to be a full and active age group nexi year. entering into Competitions as Trowbridge RFC. Representative rugby selection in the Dorset and Wills U18 was achieved by three girls. Whilst one member was selected for the regional and England U18 training squads. Girls U16s At the start of the season the decision was taken to not enter the girls into the local league structures, having observed the leagues last year, it was anticipated that only the local clubs with very strong and experienced squads would be entering the leagues. This was, in hindsight, a mistake as a number of the friendly fixtures throughout the season were ¢ancelled due to oppositions having to play league games. 10-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 In an effort to get more game time for the girls, tureS were aanged with sides who we otherwise would not have taken fixtures with, which resulted in some heavy defeats. H¢)wever, these games were always useful leaming experiences, and the girls never gave up. The games We also interspersed wilh Some really good competitive mat¢hes, in which thè girl$ were able to gain some very spirited victories induding a brace of very dose games against Dorset Ravens la duster dub induding North Dorset and Castl8 Cary). Mfith only a small cohort of girls remaining in the U16s this year, and a similarly small group coming up from the U14s, conversations are beginning with Chippenham, Melksham, and Walcats (BOA, Frome and Walcot combined) about ensuring the gids have plenty of game play opportunity in the 2025126 season. Representative rugby selection via the Dorset and Wilts squad was achieved by 5 girls.. Girls U14s Due to only having a small number of girls the decision was taken to combine on an informal basis with Chippenham RFC. This resulted in the girls playing the majority of the season under Chippenham colours. Gaining some great results in th8 GRFU league, finishing in second place in their group, before the second half of th8 season meant they were grouped with some of the strongest teams in the area. Imth only a small group staying in U14s next year. nVersationS are beginning wilh Walcals to ensure girls get plenty of gametime in 2025126 Minis The 2024125 season has been a vibrant and rewarding chapter for the Minis section at Trowbridge RFC. rellecting continued growth, enthusiastic participation. and a deeF>rooted passion for the sport. In January 2025, the club proudly welcomed Micha81 Smith, Kev Shingles, and Matthew Keegan as the new Heads of Minis Rugby. Their appointment has brought renewed energy, forward-lhinking ideas, and a shared dedication to nurturing the next generation of players. At the core of the Minis section is a stèadfast belief that every child deserves the chance to develop their rugby skills, grow in confidence, and discover a lifelong connection to Ihe game. Whether leaming the fundamenlals or honing techniques on the pitch, the emphasis remains on creating a supportive and inclusive environmenl-one that champions teamwork, celebrates pro9ress. and above all. ensures that every young player finds joy in their joumey through rugby Some of the highlights from the year include. A first for our Minis section, the Friday night floodlights match saw our U9s and U10s take on Frome in a thrilling evening of rugby. Played under the lights. the event created an ele¢tric atmosphere, with a pack8d sid81in8 of parents and supporters cheering on the young players. Throughout the season, Minis players had the opportunity to test their skills and enjoy fun, engaging rugby at several festivals, including- Chippenham Rugby Festival Cleve Rugby Festival Bradford-on-Avon Rugby Festival Frome Rugby Festival Womens The Ladies sedion continues to thrive, with strong participation levels enabling them lo fulfil 900/0 of their fixtures this season. Achieving a mid-table finish represents solid progress and a positive step in the direction we're aiming for. We were able to maintain good squad numbers finishing mid table and were proud to have one of our squad represent us for Dorsel and Wifts RFU. A proud moment for the dub. Vvhile travel distances across the league have presented some logistical ¢hall8nges. we're encouraged by the RFU'S ongoing efforts to address this. Despite these obstades, the commitment and enthusiasm within the squad remain high. 11
TROWBRIDGE RUGBY FOOTBALL CLUB {1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Thank you goes to the coaching and leadership team for their support and clear developmental pathways for the players. Their work has been instrumental in driving growth and unity across the section. Special recognition to David Wells, who stepped in as Head of Section Iwo years ago, tackling significant challenges with energy and passion. Under his leadership, the Ladies Section ha5 reconnected with the club's broader elhos and made impressive strides forward. As David steps back to pursue new opportunities, we're pleased to welcome Willow Bailiey into the role. We look forward to the nexi exciting chapter under her guidance. Social Rugby is an important element of our community offering and this has Ihrived again over the last twelve months. Our Tou¢h Rugby sessions are going strong, with an average tumout of around 12 enlhusiastic playeis. We have a fantastic mix of participants, with a 70130 mal&tO-female ratio and a broad age range from 10 to 55. As the weather continues to improve, we're delighted to see numbers steadily increasing. The warmer days are clearly inspiring more people to get outdoors and join in the funl Our Walking Rugby group is thriving, with consistent attendance of 18 to 20 players each session. We make it a priority to take part in a tournament or joint training session every month, keeping the energy high and the team spirit even higher. Walking Rugby is gaining momentum across the UK, and we're proud to be part of this growing movement. In July, we're excited to be attending the Kingswood Festivawenowned as the blggest Walking Rugby event in the world, with a record-breaking 52 teams lined upl Our group boasts an even 50150 gender split, and we're always welcoming new members lo join our vibrant, inclusive ¢ommunity. More than just a sport, WR continues to be a fun. friendly, and social space where everyone feels wel¢ome and supported. Our volunteer team ¢ontinues to flourish both on and off the field, and we ar8 incredibly proud of the momentum we're building. First and foremost, a sincere thank you goes out to our dedicated coa¢hes, administrators, and first aid personnel. Their commitment and passion are the backbone of our su¢¢ess-Without their unwavering support, we simpty couldn't offer the exceptional rugby experience our players and community enjoy. Club Social Events Over the past year, our calendar of social events has grown tremendously, and the enthusiasm from our members has been truly heartening. From the vibrancy of Trowfest to the excitement of Fireworks Night, festive Christmas Parties memorable Awards Evenings, and much mortr-each event has brought people together and enriched the spirit of our club. These events don't come to life on their own. They are made possible by a dedicated group of volunteers who generously give their time and energy. We extend a hearttelt thank you and wami congratulations to everyone who has contributed so meaningfully. Membership The dub continues to look for ways of providing increased value and benefit to its membership. both in terms of retaining the current membership, but also as equally important the recnjitment of new members and increasing its membership base. As part of this the club has taken the decision to increase the level of differentiation beeen members and non_members, therefore. the discount for goods and services offered to members from 10 % to 150A. As part of on-going exploration, the club is also looking at how the goods and services where this discount can be applied is broadened. In addition to this the club will increase its level of focus in terms of where through sponsorship and partnerships it can increase benefits available for members. Digital Footprlnt The club has made significant progress in developing its digilal footprint. including social media. websites. and its weekly e-zine Park Life which has been relaunched in 2024 with the aim of enhancing its presence and by doing so.. Increase rts pres8nce and levels of publicity. Improve communications with the membership and the wider public. in¢r8ase commercial activities and sponsorship. Promote Doric Park as a community asset. social and business venue. 12-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Flnanclal revlew Re$erve$ pollcy It is the policy of the charity that unrestricted funds which have nol been designated for a specific us8 should be maintained al a level equivalent to three month's expenditure. The trustees consider that reseNes at this level will ensure that, in the event of a significant drop in funding, they will be able to contlnue the charity's Current activities while nSideratIon is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. Structuroy govemance and management The Trowbridge RFC 1931 charity IB establlshed and governed through its Constitution document which was last updated on 1 gt August 2016 and Is al revision 2. The Charity has a trading Subsidiary Trowbridge RFC 2016 Ltd. Trustaes are appointed In accordance wlth paragraphs 12 and 13 of the Clubs Constitution. An updated representatlon of the organ18ation is shown in the diagram below. 13-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Recruitment and appointment of trustses The Trustee5 of the club typically serve a 5-year rotation attending up to four formal meetings per year in addition to specific planned interactions with the elements of the dub they have been assigned to liaise wilh as part of their role. In establishing board of trustee, the club aims to balan fair representation together with the knowledge and skills required to provide effective govemance, knowledge. and support to the organisation. Typically. we seek to ensure that there is balan across the trustees to complement the business line stwdure that supports the club's ambitious and diverse business model. with experien and skills in.. Finance Employment Law Health & Safety Practical knowledge of Ihe Communty game of Rugby Charity Sector Experience Leadership, People and Culture Trowbridge RFC RFCj 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 gender representation. The recruitment piocess 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 constitutions including any amendments Ihat have been made. The Chariiy Trustees, latest annual report and statement of accounts. Charity Commission guides and infomiation update5 Once elected Trustees will then receive a structured induction programme. In 2024125 there has been a planned recruitment drive by Chair-elect David Solomon to significantly increase the number of trustees and also Ihe breadth of experience and perspective these trustees will bring. At the AGM th8re will be the largest intake of new trustees ever and more recnjitment is planned. 14-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 30 APRIL 2025 Trustees: steve Thompson-matyn - Chair of Trustees Ron Jones- Term end July 2025 Matthew Weaver David Solomon Beverley Roberts Charles Roberts Trowbridge RFC 1931 Managoment Board Honorary Club President- Chris Lamb Honorary Club Chairman - Derek Tucker Honorary Director of Rugby - Scott Williams Honorary Finance & Administration Manager- Kevin Davis Honorary Governance Manager- James Cook Representative (Honorary Director} from TRFC Trading Subsidiary Trowbridge RFC (20161 Ltd Appointed Directors Chris Lamb Charles Roberts Derek Tucker 15-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Governan¢o and oversight revlew James Cook as Head of Governance has undertaken a full ieview of all governan policies, a review that is due for completion by 31 St July 2025. In addition, as the activities of the club continue to develop we review constantly the suggested policies set out by the Charity Commission as to their relevance to the clubs operations. The following sets out a brief overview of Govemance matters that have arisen over the last 12 months. 202412025 season in review Handover as Head of Govemance completed in the summer of 2024. By the stsrt of the 2024 season in September, a number of complaints. concems. dis-agreements had been concluded. A number of Club Policie5 have been reviewed and updated following discussions with the RFU. Disciplinary Policy and proS$ reviewed and updated prior to season starting. A new wider TRFC Disciplinary panel of 13 club members setup at the start of the season, allowing the Club's Disciplinary Officer to quickly draw from a wider group and progress Club Disciplinary meetings the same week of the offense, where possible. All panel members attended a training session to explain the changes to the disciplinary process and ensur8 a consistent methodology & do¢umentalion was used for Club Disciplinary meetings and findings. Process for new Volunteers to be onboarded and checked by the appropriate authorities. reviewed, updated and briefed out to Coach8s. Team Administrators and new Heads of Minis and Juniors. DBS accreditation of the Club's wider volunteering base reviewed. and an ongoing cadence of reviews and renewals progressed by the Club's Safeguardin9 Officers. Depth of cover evidenced when our lead Safeguarding Offi¢er needed to take time off for personal reasons during the season, wilh no impa¢1 to process & progression of safeguarding concerns raised. Dorset and Wltshire RFU (D&WJ completed a full Safeguarding Audit of the club in late Autumn 2024, with the Club given extremely positive féedback and a small number of improvement suggestions, most of which have since been progressed. Significant change at start of season for the Senior Player's registration process on the RFU'S Game Management System (GMS). where players had to register I re-register themselves to their dub within GMS. This was well communicaled in advance, by our Club's Registration Officer, resulting in a relatively smooth process, for whal could have been a very significant challenge to the Club being able to field senior playing teams across both Men's and Women's sections in September. Improved senior player payment of membership fees. delivered through support from a number of the leadership group within the senior player sedion. alongside regular improved membership reporting by our Membership Sec. Further work is required on this. to maintain the mornentum. TRFC Membership card base cleansed. with a number of non-pawng members cards cancelled. Two -Play It Safe. courses booked and held at the dub. with good attendan. Club Accreditation to allow Academy players to play up into the Senior Men's and Women's sections were discussed but was not progressed. Trustee meeting 16th July to review the Club's Govemance and ensure we are fil for purpose and delivering against our core obligations. 202512026 season -Priorities Focus on additional "Play It Safe" courses being setup at the club to dear the backlog for our Volunteers. Further First Aid courses prior to the start of the season to ensure we have enough qualified First Aiders to meet RFU guidelines. DBS checks require an updated list of volunteers, which are being updated by the leads of ea¢h section of the dub prior to the season's start. RFU Registration & Re-registration on GMS for all players within the Mini, Junior and Senior Men and Women's sections will be required from August, but should prove easier than last season Further Policy Reviews required to ensure they remain relevant and fit for purpose. Following Trustee meeting in July, updates to the Club's Governance model may be required. 16-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Decision Making The general provision for members taking decisions is defined in paragraph 10 of the clubs, constitutions. Through their ele¢lion and appointment by the members at the Annual General Meeting, the management l)oard of Trowbridge RFC are respori¥ible for deGi5ions concetning the daY-tdaY management and execulion of the club's activities in relation to its charitable aims and delivering public benefit. This also encompasses the commercial activities of Trowbridge RFC 2016 Ltd. Decisions are made and ratified at monthly Management Board meetings. Pay and Renumeration Staff remuneration rales are set and reviewed annually based upon market rates for the sedor and prevailing relevant Sialutory Living Wage criteria. Length of servi. experience and impact upon our business performance are also taken into consideration. Risk The major risks to our business are r8Vi8W8d annually and systems andlor procedures have been established to manage these risks. Collaboration and Community Activities. Doric Park has continued lo be the home of affiliated dubs that include: Avon Valley Runners Trowbridge Bridge Club The Club has continued to collaborate and foster its relationships with several organisations and Ihorough its affiliation to the RFU and Dorset & Wiltshire RFU It has promoted, hosted and supported activities including.. The RFU in delivering education and development activities for coaches, players, and administrators. Balh Rugby Communty Team holiday coaching and skills clinic. Bath Rugby Foundation 8vents with a specffic focus on diversity and indusion. Further to this the club routinely works with and supports activities delivered by: Wiltshire Area Sports Partnership (WASP) Trowbridge Town Council Active Trowbridge. The club has continued as an active supporter of the STAR scheme whi¢h Supports rugby a¢¢ess to individuals who have in some way been disadvantaged. The club has an active engagement programme wilh local schools and olleges striving to host muKi school events in partnership. The clubs free summer fun sessions for local children of primary school age continue. The sessions delivered by our volunteer coaches play a significant pari in the club's outreach programme lo the lo1 community which in tum promotes the club. As part of its wider charitable aclivities the Club has also provided support to.. Teenage Helpline Willshire Council Fostering Setvice5. The club also strives to support the local community by offering the Doric Park fa¢ililies at a discount to promote charitable adivities. In 202415 this amounted to £665.76 in discounts. 17-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 The trustees, report was approved by the Board of Twstees. S R Thompson-martyn Trustee Date.. 18-
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 2025. Responsibilities and basis of report As the trust&8s of the charity you are r8sponsible for the preparation of the financial statements in accordance With the requirements of the Charities Act 2011. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011, In Carrying out my examination I have followed the Directions given by the Charity Commission under sedion 145{51(b) of the Charit18s Act 2011. Independent examlnerfs Statement Since the charity's gross income exceeded £250.000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011 .1 confimi that l am qualified 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 fact that the charity has prepar8d the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in ac¢ordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Ac¢ounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. l understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally A¢pIed Accounting Practice. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011. the financial statements do not accord with those reGords: or the financial statemènts do not comply with the applicable requirements conceming the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 olher than any requirement that the financial statements gtve a true and fair view, which is not a matter considered as part of an independent examination, I have no COnrn$ and have come across no other matters in Connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Katy Goodlng Goodlng Accounts Ltd 24 Wamiinster Road Westbury Itshire BA13 3PE United Kingdom Dated: .0. I
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2025 Current finan¢lal year Unrestrlctsd Unrestricted fund$ funds general designated fund$ 2025 Restricted funds Total Total 202S 2025 2025 2024 Notes Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Other income 159,143 37,626 40,215 3.177 58,102 10.000 169,143 37,626 40,215 3,177 58,102 181,539 30.223 2.219 57,531 Total income 298,263 10,000 308,263 271,512 Expendimire on: Raising funds Charitable activities 36.253 242.580 36,253 282,488 17,600 22,308 265.657 Total expenditure 278.833 17.600 22,308 318,741 265,657 Net in¢omel(expenditurel 19.430 (7,600) (22,308) (10.478} 5,855 Transfers between funds (52,005) 52,005 Netmovement in funds 11 {32,575) 44.405 (22,308) (10,478) 5.855 Reconciliation of funds: Fund balances at 1 May 2024 173,827 129.106 1,461,575 1,764,508 1,758.653 Fund balances at 30 Aprll 2025 141.252 173,511 1.439.267 1,754,030 1,764,508 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from conts'nuing activities. -20-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2025 Priorfinan¢ial year Unrestrlctsd Unrestrlcted funds funds general deslgnated funds 2024 Restrf¢ted funds Total 2024 2024 2024 Notss Income and endowments from: Donations and legacies Charitable activities Investments Other income 181,539 30,223 2,219 57,531 181.539 30.223 2,219 57.531 Total income 271,512 271,512 Expenditure on: Charitable activities 225,765 15,099 24,793 265,657 Total expenditure 225,765 15,099 24,793 265,657 Net incomel(expenditure} 45,747 {15.0991 (24,793) 5,855 Transfers between funds (30,702) 30,702 Net movement in funds 11 15,045 15,603 (24,793) 5,855 Reconciliation of funds: Fund balan$ at 1 May 2023 158,782 113.503 1,486,368 1,758,653 Fund balances at 30 April 2024 173,827 129,106 1,461,575 1,764.508 -21-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) BALANCE SHEET AS AT 30APRIL 2025 2025 2024 Notes Fixed assets Tangible assets Investrnents 15 1,574,777 100 1,562,680 100 1,574,877 1,S62,780 Current assets Stocks Debtors Cash at bank and in hand 17 18 2,253 76,074 180,865 34,050 198,919 259,192 232,969 Creditors: amounts falling due within one year {80,039) {31,241} Net eurront assets 179,153 201,728 Totsl assets les$ current Ilabilities 1,754,030 1.764.508 Net assets 1,754.030 1.764.508 The funds of the charity Restricted income funds Unrestricted funds - general Unrestricted funds - designated funds 22 1,439,267 141,252 173.511 1,461,575 173.827 129.106 23 1.754,030 1,764,508 -22-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) BALANCE SHEET (CONTINUED) AS AT 30 APRIL 2025 The financial statements were approved by the trustees on ......................... B Roberts Trustee D Solomon Trustee S R Thompson-martyn Thistee R D Jones Trustee C Roberts Trustee M Weaver Trustee -23-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 Accounting poliGies Charity information Trowbridge Rugby Football Club (1931) is a Charitable Incorporated Organsiation (CIO) registered in England. In the event of the charity being wound up. the liability in respect of the guarantee is limited to £1 per member of the Charity . 1.1 Accounting convention The financial statements have been prepared in accordance with the charivs goveming document. the Charities Act 2011, FRS 102 -The Financial Reporting Standard applicable in the UK and Republic of Ireland. rFRS 102°) and the Charities SORP "Accounting and Reporting by Chaiities: 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 charity is a Public Benefft Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Ststement of Recommended Practice for charities apptying FRS 102 rath8r than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial slatements are prepared in sterling, which is the functional currency of the ¢harity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the histori¢al cost convention. The principal accounting policies adopted are set out below. 1.2 Going con¢em At the lime of approving the financial statements. the trustees have a reasonable expectation that the charity has adequate resources to conlinue in operational existence for the foreseeable future. Thus the twstees continue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 Charltable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitabl8 objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The putposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity- 1 A Income Income is recognised when Ihe charity is legally entilled to it after any performance conditions have been met, the amounts can be measured reliably. and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once Ihe charity has been notified of the donation. unless perfom)ance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is re¢ognised at the time of the donation. Legacies are re¢ognised on receipt or othefwise rf the charity has been notified of an impending distribution, the amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 24-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Accounting policies Icontlnued) 1.6 Expenditure Expenditure is recognised once there is a legal or construclive obligation to transfer economic benefit to third paty, it is probable that a transfer of economic beneffts will be required in settlemenl, and the amount of the obligation can be measured reliably. Expenditure is classified by activ¥ty. The costs of each activity are made up of the lolal of direct costs and shared cost5, including support costs involved in undertaking each activty. Direct costs attributable lo a single activity are allocated directly lo that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned behyeen those activities on a basis consistent with the use of resources. Cenlral staff cosls are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the assevs use. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Freehold propety Land Plant and equipment Fixtures and fittings 50 years straight line Not depreciated 10 years slraight line 7 years straight line The gain or loss arising on the disposal of an asset is detemiined as the dIffenCe between the sale proceeds and the carrying value of the assel. and is recognised in the ststement of financial activities. 1.7 Fixed asset investments Fixed asset investmerrts are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value al each reporting date. Changes in fair value are recognised in net incomel(expenditurel for the year. Transadion costs are expensed as Incurd. A subsidiary is an entity controlled by the charity. Control is the power to govern the financial and operating policies of the entty so as to obtsin benefrts from its activities. 1.8 Impairnlent of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists. the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). 1.9 stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable. direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement C05t and wsl. Net realisable value is the estimated selling price less all estimated costs of completion and ¢osts to be incurred in marketing, selling and distribution. -25-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 A¢¢ounting policies {Continued} 1.10 Cash and cash equivalents Gash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of thre8 months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.11 Financial Instruménts The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instwments. Finanaal insttuments are reGognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statements. when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets. which indude debtors and cash and bank balan$. are initially measured at transaction price includin9 transaction costs and are subsequently carried at amortised st using the effective interest method unless the arrangement constitutes a financing transaction. where th8 transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basi¢ flnancial liabillties Basic financial liabilities, including Creditors and bank loans ar8 initialty recognised at transaction priGe unless the arrangement constitutes a financing transaction. where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as rrent liabilities if payment is due within one year or less. If not, they are presented as n0CUrrent liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost usin9 the effective interest melhod. Derecognition of financlal liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.12 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediatety as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.13 Retirement benefits Payments to defined contribution retirement benefft schemes are charged as an 8xpen$8 as they fall due. -26-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Critical accountiny estimates and judgements In the application of the charity's accounting policies. the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to b8 re18vanl. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimate5 are recogni5ed in the period in which the estimate is revised where the rewsion affects only that period, or in the period of the revision and fvture periods where the revision affects both current and fuiure periods. Income from donatlons and legacles Unrestrfcted Unrestricted funds funds general designated funds 2025 Total Unrestrlcted Unrestrlcted funds funds general designated funds 2024 T¢)tal 2025 2025 2024 2024 Donations and gifts Grants Membership fees 88.372 88,372 10,000 70,771 121.970 121,970 10,000 70.771 59,569 59.569 159,143 10,000 169,143 181,539 181.539 Income from Charitable activities Unrestricted Unrestricted funds funds 2025 2024 Club functions Sale of goods 37,626 30,223 Income from other trading activities Unrestricted Unrestrfcted funds funds 2025 2024 Non-charitable trading activiknes 40,215 -27-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 Income from investments Unrestrlcted Unrestrlcted funds funds 2025 2024 Interest receivable 3,177 2,219 Other income Unrestricted Unrestricted funds funds 2025 2024 Other income Advertising and sponsorship Rental income 170 40.116 17,816 38,667 18,864 58,102 57,531 Expenditsre on raising funds Unrestricted Unrastricted fvnds funds 2025 2024 Fundraising and publicity Other fundraising ¢OSts 36,253 -28-
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TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 10 Support costs allocaled to activlties 2025 2024 Governance costs 7,286 6,623 Analysed between: Club functions 7,286 6,623 11 Net movement in funds 202S 2024 The net movement in funds is stated after chargingl(crediting)'. Fees payable for the independent examination of the charitys financial statements Depreciation of owned tangible fixed assels 1,700 39,908 1,700 39,892 12 Trustees None of the trustees {or any persons connected with them) received any remuneration or benefrts from the charity during the year. 13 Employeos The average monthly number of employees during the year was: 2025 Number 2024 Number Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 45,517 1,712 788 45,721 1.304 743 48,017 47.768 There were no employees whose annual remuneration was more than £60,000. 14 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. -30-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 15 Tangible fixed assets Froghold prope Land Plant and Flxture$ and •qulpmont flttlngs Total Cost At 1 May 2024 Additions 1,059,223 15.457 620,444 171,708 8.834 108,257 1,959,632 27,714 52,005 At 30 April 2025 1,074,680 620,444 180,542 135,971 2.011.637 Depre¢iation and impairnient At 1 May 2024 Depreciation charged in the year 220.478 21,304 95,897 11,469 80,577 7,135 396,952 39,908 At 30 April 2025 241.782 107.366 87,712 436,860 Carrying amount At 30 April 2025 832.898 620.444 73.176 48.259 1,574,777 At 30 April 2024 838,745 620,444 75,811 27,680 1.562,680 16 Flxed asset Investments Other investments Cost or valuation At 1 May 2024 & 30 April 2025 100 Carrying amount At 30 April 2025 100 At 30 April 2024 100 2025 2024 Other investments comprise.. Notss Investments in subsidiaries 100 100 17 Stocks 2025 2024 Raw materials and consumables 2.253 31
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 18 Debtors 2025 2024 Amounts falling due wlthin one year: Trade debtors Amounts owed by fellow group undertaktngs Other debtors Prepayments and accrued income 18,286 1.251 3.451 8.375 20.973 8,235 49.553 76,074 34.050 19 Creditors: amounts falling due withln one year 2025 2024 Notss Other taxation and social security Deferred income Trade oyeditors Arnounts owed to fellow group undertakings AGGruals 1.219 18,414 5,263 20 44.156 13,839 14,736 7.308 6,345 80,039 31,241 20 Deferred income 2025 2024 Other deferred income 44,156 18,414 Deferred income is included in the financial statements as follows.. 2026 2024 Deferred income is induded within.. Current liabilities 44,158 18,414 Movements in the year: Deferred income at 1 May 2024 Released from previous periods Resources deferred in the year 18,414 (18,414) 44,156 18,414 Deferred income at 30 April 2025 44,156 18.414 -32-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 21 Retirement beneflt schemes 2025 2024 Dofin8d conlribution scheme8 Charge to profit or loss in respect of defined contribution schemes 788 743 The charity operates a defined contribution pension scheme for all qualifying employees. The assèts of the scheme are held separately from those of the tharity in an independèntly administered fund. 22 Restrictsd funds The restricted funds of the chanty comprise the unexpended balances of donations and grants held on trust subjeGI to specific Conditions by donors as to how they may be used. At 1 May 2024 Resource8 expended At 30 April 2025 Restricted fixed asset fund Grant- grounds equipment 1,460,893 682 (22,149) (159) 1,438,744 523 1,461,575 (22,308) 1,439.267 Previous year: At 1 May 2023 Resources expended At 30 Aprll 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 -33-
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 23 Unrestrlcted funds - deslgnated funds These are unrestricted designated fund5 At 1 May 2024 Incomlng Resources resources expended Transfers At 30 April 2025 2,652 2,852 Fixed assets purchased out of General fijnds Building and capital asset reserve RFU- Impact 25 101,106 (20.252) 52,005 132,859 28,000 28.000 10,000 !o,tK)CJ 129,106 10.000 (17,600> 52,005 173.511 Previous year. At 1 May 2023 Incoming resources Resources expended Transfers At 30 April 2024 Fixed assets purchased out of General funds Building and capital asset reserve 85,503 (15,099) 30,702 101,106 28,000 28,000 113,503 (15.099) 30,702 129,106 Unrestrlcted funds The unrestricted funds of the Charity comprise the unexpended balances of donations and grants which are not subject lo specific conditions by donars 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 30 April 2025 At 1 May 2024 Incoming resources Resources expended Transfers General funds 173,827 298,263 {278,833) (52,005) 141,252 Previous year. At 1 May 2023 Incoming resources Resources expended Transfers At 30 April 2024 General fvnds 158,782 271,512 {225,765) (30,702) 173,827
TROWBRIDGE RUGBY FOOTBALL CLUB (1931) NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 APRIL 2025 25 Analysis of net assets between funds Unrestrlcted Unrestricted funds funds general designated funds 2025 Restricted funds Total 202S 2025 2025 At 30 April 2025: Tangible assets Investments Current assetsl(liabilities) 135,510 1,439,267 1,574,777 100 179,153 100 141,152 38.001 141,252 173,511 1,439,267 1,754.030 Unrostrictod Unrestricted funds funds general designated funds 2024 Re$tri¢tsd funds Total 2024 2024 2024 At 30 Aprll 2024: Tangible assets Investments Current assetslOiabiliti8s) 101,105 1,481,575 1,562,680 100 201,728 100 173,727 28,001 173,827 129,106 1,461.575 1.764,508 26 Related party transactions As at 30 April 2025, Trowbridge Rugby Football Club (1931) owed £14,736 <2024,. £3,451 owed to) to its trading Subsidiary Trowbridge RFC (2018) Ltd. -35-
Trowbridge Rugby Club11931) Management infomiation Year ended 30 April 2025 Th• following pages do not forni part of the financial ststements
Trowbridge Rugby Club (1931) Detalled Statement of Financial Actlvltles Year ended 30 Aprll 2025 2025 2024 Donations and le Donations Donations from trading subsidary Subscriptions Grants re1vable aci8s 17.096 71,276 70,771 10,000 19,994 101,976 59,569 Total of Income from Donations and legacies 169.143 181,539 Charitable activltlas Club function income 37,626 30,223 Total of Charitable actlvltles 37,626 30,223 Other tradin Trowfest activltles 40,215 40.215 Investments Deposit account interest 3,177 3.177 2,219 2.219 Other in¢om• Advertising and sponsorship Rents received Miscellaneous income 40,116 17.816 170 58.102 38,667 18,864 57,531 TOTAL INCOME 308.263 271,512
Trowbrldge Rugby Club (1931) Detalled Statemont of Financial Activities Year ended 30 Aprll 2026 2025 2024 Expenditure Ex ndlture on raisin funds Fundraising events 36,253 36,253 Ex nditure on charitable activitles Club function events Club function events 20.048 20.048 16,608 16,608 Sport activitles Head coach salary Head coach NIC Head coach pension Playing expenses 6.875 41 50 55,289 62,255 7,055 50 51,543 58,648 Oporation of club Wages Employers NIC Pension costs General expenses Rent & Water Light & Heat Repairs & Mainlenance Insurance Telephone Other office costs Depreciation Playing expenses Advertising Subscriptions Bank charges 38,642 1,671 738 1,698 1,028 27,013 67,258 5,846 1,424 580 39,908 38,666 1,304 693 1,776 22,698 63,814 5,115 918 1,042 39,892 539 6,411 143 926 6,749 185 192.899 183,778 Governance costs Admin support Accountancy fees 5.586 1,700 7.286 4,923 1,700 6,623 TOTAL COST 318.741 265.657 Net Incomel (expenditure) (10,478) 5,855