|||||Page|| |---|---|---|---|---|---| |Report ofthe Trustees|||1|to|7| |Independent
Examiner's|Report||||| |Statement ofFinancial|Activities||||| |Balance Sheet|||10|to|11| |Cash Flow Statement||||12|| |Notes to the Cash Flow|Statement|||13|| |Notes to the Financial Statements|||14|to|24| |Detailed Statement ofFinancial||Activities|25|to|26| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||fo|r the Year Ended 30June|2023|| |---|---|---|---|---|---|---| ||||||30.6.23|30.6.22| ||||||Unrestricted|Total| ||||||fund|funds| |||||Notes||| |INCOME|AND ENDOWMENTS||FROM|||| |Donations|and legacies||||110,066|103,263| |Charitable|activities|||||| |Charitable||||||12,750| |Other trading activities|||||84,140|77,080| |Total|||||194,206|193,093| |EXPENDITURE ON||||||| |Charitable|activities|||||| |Charitable|||||247,668|197,640| |NET INCOME/(EXPENDITURE)|||||(53,462)|(4,547)| |RECONCILIATION||OF FUNDS||||| |Total funds|brought
forward||||1,074,026|1,078,573| |TOTAL FUNDS CARRIED FORWARD|||||1,020,564|1,074,026| ## ## |||Balance Sheet
30June 2023||| |---|---|---|---|---| ||||30.6.23|30.6.22| ||||Unrestricted|Total| ||||fund|funds| |||Notes||| |FIXEDASSETS||||| |Tangible assets||10|1,884,623|1,541,946| |Investments||11|5|5| ||||1,884,628|1,541,951| |CURRENT ASSETS||||| |Debtors||12|132,869|83,992| |Cash at bank|||5,618|68,743| ||||138,487|152,735| |CREDITORS||||| |Amounts
falling due within|one year|13|(169,115)|(24,615)| |NET CURRENT ASSETS|||(30,628)|128,120| |TOTAL ASSETSLESSCURRENT||||| |LIABILITIES|||1,854,000|1,670,071| |CREDITORS||||| |Amounts
falling due after more than one year||14|(833,436)|(596,045)| |NET ASSETS|||1,020,564|1,074,026| |FUNDS||17||| |Unrestricted
funds|||1,020,564|1,074,026| |TOTAL FUNDS|||1,020,564|1,074,026| ## ## |||||for the Year Ended|30June 2023|| |---|---|---|---|---|---|---| ||||||30.6.23|30.6.22| |||||Notes||| |Cash flows from operating||activities||||| |Cash generated
Irom operations|||||174,778|8,037| |Interest paid|||||(34,016)|(16,587)| |Net cash provided
by/(used||in)|operating
activities||140,762|(8,550)| |Cash flows from investing||activities||||| |Purchase oftangible
fixed|assets||||(356,654)|(19,817)| |Net cash used in investing|activities||||(356,654)|(19,817)| |Cash flows from financing||activities||||| |New loans in year|||||161,102|45,000| |Loan repayments
in year|||||(8,335)|(6,668)| |Net cash provided
by financing|||activities||152,767|38,332| |Change
in cash and cash|equivalents|||in the||| |reporting
period|||||(63,125)|9,965| |Cash and cash equivalents||at|the beginning|||| |ofthe reporting
period|||||68,743|58,778| |Cash and cash equivalents||at|the end|ofthe||| |reporting
period|||||5,618|68,743| ## ## ## ||||Notes to the Cash Flow Statement
for the Year Ended 30June 2023|Notes to the Cash Flow Statement
for the Year Ended 30June 2023|Notes to the Cash Flow Statement
for the Year Ended 30June 2023||| |---|---|---|---|---|---|---|---| |RECONCILIATION|||OF NET EXPENDITURE TO NET CASH FLOW FROM|||OPERATEVG|ACTIVITIES| |||||||30.6.23|30.6.22| |Net expenditure
for the reporting|||||period (as per the Statement of||| |Financial Activities)||||||(53,462)|(4,547)| |Adjustments|for:||||||| |Depreciation|charges|||||13,976|13,165| |Interest paid||||||34,016|16,587| |New loans||||||86,269|| |Amounts
due|&om|group undertakings||||(33,064)|(12,183)| |Increase in debtors||||||(15,812)|(12,321)| |Increase in creditors||||||142,855|7,336| |Net cash provided||by||operations||174,778|8,037| |ANALYSIS|OF CHANGES IN NET DEBT||||||| ||||||At 1.7.22|Cash flow|At 30.6.23| |Net cash|||||||| |Cash at bank|||||68,743|(63,125)|5,618| ||||||68,743|(63,125)|5,618| |Debt|||||||| |Debts falling|due within|||1 year|(6,668)|(1,646)|(8,314)| |Debts falling|due after|||1 year|(596,045)|(237,391)|(833,436)| ||||||(602,713)|(239,037)|(841,750)| |Total|||||(533,970)|(302,162)|(836,132)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2.|DONATIONS|AND LEGACIES|AND LEGACIES||||| |---|---|---|---|---|---|---|---| |||||||30.6.23|30.6.22| ||Donations|||||39,826|31,894| ||Adult Subscriptions|||||29,498|30,385| ||Mini's 8cJuniors Subscriptions|||||40,742|40,984| |||||||110,066|103,263| |3.|OTHER TRADING ACTIVITIES||||||| |||||||30.6.23|30.6.22| ||Miscellaneous|income||||27,537|27,070| ||Sponsorships|||||28,233|18,031| ||AGP income|||||18,820|16,979| ||Storage and parking|||||9,550|15,000| |||||||84,140|77,080| |4.|INCOME FROM CHARITABLE ACTIVITIES||||||| |||||||30.6.23|30.6.22| ||||Activity||||| ||Grants||Charitable||||12,750| ||Grants received, included||in the above, are as follows:||||| |||||||30.6.23|30.6.22| ||Local authority|grant|||||950| ||RFU Facility Improvement||Grant||||11,800| ||||||||12,750| |5.|SUPPORT COSTS||||||| |||||||Governance|| |||||Finance|Other|costs|Totals| ||Charitable|||2,680|34,016|5,499|42,195| ## ## ## ||||30.6.23|30.6.22| |---|---|---|---|---| |Depreciation|- owned assets||13,977|13,164| |INDEPENDENT||EXAMINER REMUNERATION||| ## ## ## |COMPAR|ATIVES F|OR THE ST|ATEMENT OF FINANCIAL ACTI|VITIES| |---|---|---|---|---| |||||Unrestricted| |||||fund| |INCOME|AND ENDOWMENTS||FROM|| |Donations|and legacies|||103,263| |Charitable|activities|||| |Charitable||||12,750| |Other trading
activities||||77,080| |Total||||193,093| |EXPENDITURE ON||||| |Charitable|activities|||| |Charitable||||197,640| |NET INCOME/(EXPENDITURE)||||(4,547)| |RECONCILIATION||OF FUNDS||| |Total funds|brought
forward|||1,078,573| |TOTAL FUNDS CARRIED FORWARD||||1,074,026| ## |||for the Year|Ended 30June|2023||| |---|---|---|---|---|---|---| |10.|TANGIBLE FIXEDASSETS|||||| |||Freehold||Fixtures||| |||land and|Plant and|and|Computer|| |||property|machinery|fittings|equipment|Totals| ||COST|||||| ||At 1 July 2022|1,493,622|98,365|1,015|4,851|1,597,853| ||Additions|333,696|21,155|1,803||356,654| ||At 30June 2023|1,827,318|119,520|2,818|4,851|1,954,507| ||DEPRECIATION|||||| ||At
1 July 2022||53,055|58|2,794|55,907| ||Charge for year||13,169|451|357|13,977| ||At 30June 2023||66,224|509|3,151|69,884| ||NET BOOK VALUE|||||| ||At 30June 2023|1,827,318|53,296|2,309|1,700|1,884,623| ||At 30June 2022|1,493,622|45,310|957|2,057|1,541,946| |11.|FIXEDASSET INVESTMENTS|||||| |Nature ofbusiness:
Sports and re|creation
club trading activities||| |---|---|---|---| ||'lo||| |Class ofshare|holding||| |Ordinary 11|100||| |||30.6.23|30.6.22| ## ## ||||30.06.23|30.06.22| |---|---|---|---|---| |Turnover||||| ||||294,651|125,509| |Other Income|||51,890|78,986| |Cost ofSales|||(212,857)|(99,044)| |Administration||expenses|(132,387)|(102,811)| |Finance costs|||(1,297)|(2,640)| |Net profit/(loss)||for the year||| |Represented|by:|||| |Assets|||88,247|46,656| |Liabilities|||(88,243)|(46,652)| ## ## |Nature ofbus|iness:
Investment
ofLand
and Buildings||| |---|---|---|---| ||'ro||| |Class ofshare|holding||| |Ordinary
f.I|100||| |||30.6.23|30.6.22| |Aggregate
capital and reserves|||| |DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR||| |||30.6.23|30.6.22| |Trade debtors||9,051|4,878| |Amounts
owed by group undertakings||94,819|61,754| |Other debtors||3,667|17,360| |VAT||23,754|| |Prepayments|and accrued income|1,578|| |||132,869|83,992| ## ## ## ## ## |CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||| |---|---|---| ||30.6.23|30.6.22| |Other loans (see note 15)|8,314|6,668| |Fixed asset creditors|155,325|| |VAT||145| |Other creditors||16,050| |Accrued expenses|5,476|1,752| ||169,115|24,615| |CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR||| ||30.6.23|30.6.22| |Bank loans (see note 15)|546,264|546,264| |Other loans (see note 15)|287,172|49,781| ||833,436|596,045| ## |||Handelsbanken|Handelsbanken
2||RFU Loan|LTA Loan| |---|---|---|---|---|---|---| |Commencement|Date|07/02/2022|01/11/2022||01/06/2022|01/03/2023| |Loan Term||5 years|5 years||10years|10years| |Interest Rate||2.75/o over SONIA|2.75'ro over SONIA||2'i'o|Nil'i'0| |Interest Payment|Date|Quarterly|Quarterly||Monthly|| |Interest Only Period||5 years|5 years||2 years|| ||||50'ro due quarterly|||8 equal annual| ||||over 5 years; 50'10|Monthly|over 8years|instalments
from| |Repayment||In full on maturity|due on maturity|from June 2024||August 2025| ## ## |30.6.23|30.6.22| |---|---| |546,264|546,264| ## |MOVE|MENT|IN FUNDS|||||| |---|---|---|---|---|---|---|---| |||||||Net|| |||||||movement|At| ||||||At 1.7.22|in funds|30.6.23| |Unrestricted||funds|||||| |General|fund||||1,074,026|(53,462)|1,020,564| |TOTAL|FUNDS||||1,074,026|(53,462)|1,020,564| |Net movement||in funds, included||in the above are as follows:|||| ||||||Incoming|Resources|Movement| ||||||resources|expended|in funds| |Unrestricted||funds|||||| |General|fund||||194,206|(247,668)|(53,462)| |TOTAL|FUNDS||||194,206|(247,668)|(53,462)| |Comparatives||for movement|in|funds|||| |||||||Net|| |||||||movement|At| ||||||At 1.7.21|in funds|30.6.22| |Unrestricted||funds|||||| |General|fund||||1,078,573|(4,547)|1,074,026| |TOTAL|FUNDS||||1,078,573|(4,547)|1,074,026| ## ## ## ## ||||Incoming|Resources|Movement| |---|---|---|---|---|---| ||||resources|expended|in funds| |Unrestricted||funds|||| |General|fund||193,093|(197,640)|(4,547)| |TOTAL|FUNDS||193,093|(197,640)|(4,547)| ## ## ## ## ## ## ## ## ## |||Detailed Statement of Financial|Activities||| |---|---|---|---|---|---| |||for the Year Ended 30 June|2023||| |||||30.6.23|30.6.22| |INCOME AND ENDOWMENTS|||||| |Donations
and legacies
Donations
Adult Subscriptions
Mini's &Juniors Subscriptions||||39,826
29,498
40,742|31,894
30,385
40,984| |||||110,066|103,263| |Other trading
activities
Miscellaneous
income
Sponsorships
AGP income
Storage and parking||||27,537
28,233
18,820
9,550|27,070
18,031
16,979
15,000| |||||84,140|77,080| |Charitable
activities
Grants|||||12,750| |Total incoming
resources||||194,206|193,093| |EXPENDITURE|||||| |Charitable
activities
Rates and water
Advertising
Sundries
Players kit and equipment
Coaching fees
Physiotherapy
fees
Grounds
costs
Miscellaneous
playing
expenses
Travelling
costs
Recharges of salaries
Player catering costs
VAT partial exemption
adjustment
Plant and machinery
Fixtures
and fittings
Computer
equipment||||968
2,076
30,801
19,903
7,369
19,515
7,886
5,531
54,829
26,510
16,109
13,169
450
357|886
1,199
7,878
23,484
13,492
7,807
7,617
11,777
9,115
77,000
12,088
58
1,019| |||||205,473|173,420| ## ## ||||Lymrn RFC Limited||| |---|---|---|---|---|---| ||||Detailed Statement ofFinancial Activities||| ||||for the Year Ended 30June 2023||| |||||30.6.23|30.6.22| |Support costs|||||| |Finance|||||| |Bank charges||||2,680|3,303| |Other|||||| |Bank interest||||574|255| |Loan||||33,442|16,332| |||||34,016|16,587| |Governance|costs||||| |Independent|Examiner's|remuneration||4,319|3,545| |Accountancy|and legal|fees||1,180|785| |||||5,499|4,330| |Total resources|expended|||247,668|197,640| |Net expenditure||||(53,462)|(4,547)|