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← Wymondham Community Rugby Trust

2025-06-30-accounts

Registered in England Charity No. 1172480

WYMONDHAM COMMUNITY RUGBY TRUST

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

WYMONDHAM COMMUNITY RUGBY TRUST

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

CONTENTS

Page
Trustees' report 1-9
Audit Report 10-13
Consolidated Statement of financial activities 14
Consolidated Balance sheet 15
Parent Balance sheet 16
Consolidated Statement of cash flows 17
Parent Statement of cash flows 18
Notes to the financial statements 19-33

WYMONDHAM COMMUNITY RUGBY TRUST

TRUSTEES' REPORT

FOR THE YEAR ENDED 30 JUNE 2025

The trustees present their report and financial statements for the year ended 30 June 2025.

Reference and administrative information

Registered charity name Wymondham Community Rugby Trust
Charity number 1172480
Registered address Wymondham RFC
Barnard Fields
Bray Drive
Wymondham
Norfolk
NR18 0GQ
Trustees Duncan Anderson Brown
Sarah Bosworth (appointed 17 October 2024)
David Clover
Finbar Conway (resigned 1 May 2025)
Matthew Hood
Peter Joyner (appointed 1 May 2025)
Ben Saggers
Kevin Scott
Clare Sisson
Paul Wootton
Accountants Lake Accountancy Limited
Pilgrim Suite, Ketteringham Hall
Church Lane, Ketteringham
Wymondham
Norfolk
NR18 9RS
Auditors Price Bailey LLP
Anglia House, 6 Central Avenue
St Andrews Business Park
Thorpe St Andrew
Norwich
NR7 0HR
Bankers Barclays Bank plc
45 Market Street
Wymondham
Norfolk
NR18 0AL
Solicitors Howes Percival LLP
Flint Buildings
1 Bedding Lane
Norwich
Norfolk
NR3 1RG

Page 1

WYMONDHAM COMMUNITY RUGBY TRUST TRUSTEES' REPORT

FOR THE YEAR ENDED 30 JUNE 2025

OBJECTIVES AND ACTIVITIES

  1. To remain focused on promoting participation in healthy recreation, particularly through amateur rugby.

  2. To provide and assist in providing facilities for sport, coaching, and community engagement initiatives, ensuring the club is a centre for sport and social welfare in Wymondham, South Norfolk, and surrounding areas

  3. To provide facilities for the public at large in the interests of social welfare and with the object of improving their conditions of life.

PUBLIC BENEFIT

The Trustees continue to allign the Trust's activities with the Charity Commission's guidance on public benefit. This ensures that our work promotes health, well-being, and community cohesion through rugby and other associated activities.

ACHIEVEMENTS AND PERFORMANCE

Financial Management

Financial Review

The 2024/25 year was a successful one for Wymondham Rugby Club ("the Club") both on the pitch and commercially. In May 2025 total membership stood at 1,956 of which playing members are 778, which excluded those only playing touch rugby.

The Community Trust continues to operate the rugby and charitable activities, whilst the commercial operations are undertaken by Wymondham RFC Trading Ltd (Company number 11525763). The latter donates through gift aid any profits to fund the activities of the Charitable Trust.

Consolidated Position

For the 2024/25 season, the Trust and its trading subsidiary, Wymondham RFC Trading Ltd generated a consolidated income of £967,091 (2023/24: £769,678) with consolidated expenditure of £938,945 (2023/24: £824,680), leading to a consolidated net surplus of £28,146 (2023/24: deficit of £55,002). The main reason for the increase in profitability has been the 24% improvement in Other Trading Income, driven by better bar sales, refreshments and pre-match lunch income. The three main club events have all improved profitability year on year. The Club has also increased its membership numbers.

Cash at bank and in hand was £117,805 (2023/24: £85,217) at the year end with a further £174,316 (2023/24: £150,000) invested in fixed rate savings accounts protected under the Financial Services Compensation Scheme.

Net current assets have improved from £224,385 to £287,964 generally representing the free reserves within the Club which will allow it to make the investments referred to below without impacting the ongoing financial sustainability of the Club.

Trading Subsidiary (Wymondham RFC Trading Ltd)

Wymondham RFC Trading Ltd (company number 11525763), the Club's fully owned trading subsidiary, generated a net profit of £194,116 (2023/24: £134,212) which was transferred as a gift aid donation to the Trust. The increasing profits generated by the trading subsidiary's activities are vital in funding the rugby and community activities of the Club, and this continues to operate effectively under the control of the General Manager.

Page 2

WYMONDHAM COMMUNITY RUGBY TRUST TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2025

Cash Position and Reserves

The Trust's reserves policy was revised by the Board of Trustees in November 2024 setting a level of £235,000 as the minimum reserve level to cover operational risks, wind-up obligations and to set aside a sum to cover future repairs and maintenance obligations.

In June 2025 the trustees agreed a new reserve policy for 2025/26 in consideration of CC19 which allows the Club to segregate funds for the ongoing running of the charity, future strategic plans and contigency fund.

In 2024/25 the trustees elected to designate funds which were equal to the value of the net book value of the fixed assets. This enables the Trustees to segregate the "free" reserves from the underlying assets held by the charity.

At the year end the Club had unrestricted general funds of £281,352, a designated fixed asset reserve of £4,212,483 and a Wasps designated fund of £4,308.

Investments and Strategic Planning

After a successful financial year and having reviewed longer term forecasts, the Club has made the following investments in the 2024/25 year and commitments for the future:

Financial management

The Club produces annual budgets and periodic forecasts, which are reviewed at meetings of the Board of Trustees throughout the year. There are clear control protocols in place around payments, capital purchases and cash management to ensure the financial assets of the Club remain well managed.

Page 3

WYMONDHAM COMMUNITY RUGBY TRUST TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2025

Risk Management

Overarching approach

The Trustees are committed to identifying, managing, and mitigating risks to safeguard the Club’s objectives and financial health. The risk management process includes regular reviews of risks across all operational areas, including strategic, financial, legal, and reputational risks. The Trustees regularly assess and adjust controls to mitigate these risks, ensuring compliance with all legal and regulatory obligations.

The Business Risk Model operated by the charity focuses on the following key areas:

• Strategic Risks - Addressing long-term risks that could affect the Trust's ability to achieve its objectives.

• Risk Register - Maintaining an up-to-date register of all identified risks, their potential impact, and actions taken to mitigate them.

Fundamental Risks

The key risks currently facing the Trust include:

1 Income Fluctuations:

• A significant drop in income from donations, sponsorships, and membership subscriptions could impact the Club's ability to fund it's core activities and invest in future projects.

2.Cost Pressures:

3.Compliance with Legislation:

• The Trust is committed to complying with all relevant laws, including those related to data protection (GDPR), charity regulations, safeguarding, and health & safety. Non-compliance could lead to fines, legal action or reputational damage.

4.Operational Challenges:

• Staffing or volunteer retention remain critical to operational sucess. A loss of key staff members or volunteers could hinder the delivery of key programs and events.

5.Governance Risks:

• Changes in composition of the Board of Trustees could disrupt the strategic direction and operational efficiency of the Club.

6.Reputational Risk:

Page 4

WYMONDHAM COMMUNITY RUGBY TRUST TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2025

Data risks

The Club continues to prioritise data security and GDPR compliance. By utilising Google Workspace for email hosting and digital file management, we ensure centralised and secure data access for authorised personnel. Enhanced measures, such as two-factor authentication (2FA) and regular reviews of data protection policies, further safeguard member and volunteer information. The Club remains compliant with GDPR, with ongoing training for trustees and staff to maintain awareness of best practices in data management.

Playing Report

Senior Rugby - Men

It has been another exciting and memorable season for the Senior Men’s section who have been led by their Head Coach Aaron Beaumont. The 1XV, in their first season after promotion, secured a commendable 5th place finish. The 2XV, also in a newly promoted league, finished 9th in a tightly packed table where just 10 points separated them from 5th.

During the year there was the successful revival of the 3XV, who finished 5th in their league. This will support the transition for Colts stepping into senior rugby – seven players made the transition during 2024/25.

Going into the 2025/26 season the Club has announced its intention to pay a match fee for the 1st XV Senior Men’s team to retain and attract the best talent and in line with the ambitions set out in the Club’s strategy.

Senior Rugby - Women

The Wasps welcomed Alex Bailey as its new Head Coach who has implemented a multi-year strategy aimed at creating a solid skills and knowledge platform in the first year before rolling out a new game plan. With registered numbers and attendance at training increasing significantly during the year the Wasps won the Norfolk Cup against West Norfolk in May.

A highlight of the year was the sell-out pre-match lunch on International Women’s Day with guest speaker Rocky Clark.

Youth Rugby Report

The Youth section has had another successful year with membership growing in all sections. Our Colts won the Eastern Counties Plate and the under 14s, 15s, 16 boys and 18 girls all represented the club in the Norfolk Finals with success for three out of the four teams.

The Girls section has grown significantly during 2024/25 and with increasing numbers they are more able to move away from cluster teams and solely represent Wymondham.

The Boys section has seen an increase in numbers of 10% with several players representing both Norfolk and Eastern Counties. We are also seeing a healthy progression from Colts into senior rugby supported by the establishment of a regular 3rd XV.

Page 5

WYMONDHAM COMMUNITY RUGBY TRUST TRUSTEES' REPORT

FOR THE YEAR ENDED 30 JUNE 2025

Mini's Section Report

The Mini’s Section has continued to grow rapidly, now boasting over 250 registered children and 50 dedicated parent volunteers. The season was packed with training, fixtures, and events, including Wymondham’s own Mini’s Festival, which hosted ten clubs over two days, and the Tigers Cup, which the U10s will host again next year.

Other highlights of the year include the participation of the Mini’s section in curtain raiser events, notably the allgirls event for International Women’s Day and a tour to Saracens, for 135 attendees, reflects the strength of engagement across the group.

Volunteering

The success of the Club is underpinned by the hard work of volunteers. From organising events like the Minis Festival to supporting operational needs, volunteers remain a crucial part of the Club’s culture.

We will continue to push forward our “volunteer led” ethos at WRFC and view it as an essential part of who we are and how we will continue to be successful.

Page 6

WYMONDHAM COMMUNITY RUGBY TRUST TRUSTEES' REPORT

FOR THE YEAR ENDED 30 JUNE 2025

Governance

Club Purpose

It is the Trustees' intention that the Trust will continue to promote community participation in sport for the public benefit in Wymondham and South Norfolk and surrounding communities as described above.

The Club also looks forward to continuing its active co-operation and promotion of other sporting activities at the facilities at Barnard Fields, including Wymondham Archers, the Iceni Warriors touch rugby team and the Anglian Vipers rugby league team, along with other sports compatible with the club’s rugby training and playing schedules.

TRUSTEE AND MANAGEMENT CHANGES

In line with the WCRT Constitution, elections were held during the AGM. Sarah Bosworth and Peter Joyner were appointed trustees.

Full management structure (all volunteers):

1.Executive Officers:

President – Mark Ferguson Chair – Paul Wootton Treasurer – Clare Sisson Commercial Director – Ben Saggers Club secretary – Matthew Hood

2.Other key management positions:

Director of Rugby – Tom Armes Director of Youth Rugby – David Clark Director of Mini's Rugby – Bronwyn Nichols Club Safeguarding officer – David Clover Membership secretary - William Good Press officer – Andy Thomson Chair of Social Committee (inc. volunteering responsibility) – Jon Titlow Fixtures Secretary – David Coleman Chair of Grounds Sub-Committee – James Trounce Discipline Secretary - Chris Williams Schools Liaison Officer – Kimberley Fearn

Page 7

WYMONDHAM COMMUNITY RUGBY TRUST TRUSTEES' REPORT

FOR THE YEAR ENDED 30 JUNE 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The club was originally established in 1972. On 1 April 2018 the activities of the Club were transferred into a Charitable Incorporated Organisation. The constitution was registered with the Charity Commission (registration number 1172480) on 7 April 2017 and further amended on 17 December 2019.

Appointment and recruitment of Trustees

According to the charity's constitution, the board of Trustees should consist of at least five and not more than nine individuals.

Trustees' induction and training

All trustees will be provided with copies of: •The charity's constitution •The club Rules and Regulations •Board of Trustees Handbook •A copy of the latest consolidated financial statements

The Trustees are encouraged to read Charity Commission guidance notes CC3 - "The Essential Trustee: what you need to know, what you need to do".

In addition, the Trustees are encouraged to read Charity Commission and other newsletters and to attend courses designed to keep them abreast of their duties and responsibilities.

Governance

The Trustees of the Trust have diligently enacted the responsibilities of their appointments as defined by the Trust Constitution. The Trustees of WCRT held eight formal meetings during the year in addition to the Annual General Meeting, to receive reports from Club Officials on all aspects of the running of the Club and to develop strategies and oversight policies moving forward. All formal meetings were minuted, and reports on activities filed and maintained by the Secretary to the Board, and Club Secretary.

Oversight included looking at development of Club objectives and strategy, financial performance, facilities management, risk management, performance of rugby and other sporting activities, fundraising, buildings and facilities maintenance, health and safety, safeguarding, commercial activities, and community activities and initiatives.

In addition, the Trustees held frequent informal meetings with Club officials to keep abreast of day-to-day developments and issues at the Club.

The Board of Trustee Handbook has been updated which outlines the statutory responsibilies and functions of the Board of Trustees ("Board"). It contains policies and procedures to be followed by the Board in exercising their functions. The Handbook also outlines the relative responsibilities of the Board and Management Committee in the smooth running of the Club.

The Trustees have also developed new policies and procedures for staff appraisals, and Board Annual Performance management.

Page 8

WYMONDHAM COMMUNITY RUGBY TRUST TRUSTEES' REPORT

FOR THE YEAR ENDED 30 JUNE 2025

Statement of Trustees' responsibilities in relation to the Financial Statements

The Trustees are responsible for preparing the Trustees' annual report and the consolidated financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period.

In preparing these financial statements, the Trustees are required to:

•select suitable accounting policies and then apply them consistently;

•observe the methods and principles in the Charities SORP 2019 (FRS 102);

•make judgements and estimates that are reasonable and prudent;

•state whether applicable UK accounting standards have been followed;

•prepare the financial statements on the going concern basis unless it is inapproriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the board

Duncan Brown (Dec 9, 2025, 6:10pm)

…......................................

Duncan Anderson Brown Trustee

09 Dec 2025

Page 9

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF

WYMONDHAM COMMUNITY RUGBY TRUST

Opinion

We have audited the financial statements of Wymondham Community Rugby Trust (the ‘parent charity’) and its subsidiary (the 'group') for the year ended 30 June 2025 which comprise the Consolidated Statement of Financial Activities, the Consolidated Balance Sheet, the Parent Balance Sheet, the Consolidated Statement of Cashflows, the Parent Statement of Cashflows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Page 10

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF

WYMONDHAM COMMUNITY RUGBY TRUST

Other information

The other information comprises the information included in the trustees’ report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the trustees’ report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the trustees’ responsibilities statement [set out on page 9], the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group and parent charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent charity or to cease operations, or have no realistic alternative but to do so.

Page 11

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF

WYMONDHAM COMMUNITY RUGBY TRUST

Auditors responsibilities for the audit of the financial statements

We have been appointed as auditor under section 151 of the Charities Act 2011 and report in accordance with the act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates and considered the risk of the company not complying with the applicable laws and regulations, including fraud, in particular those that could have a material impact on the financial statements. This included those regulations directly related to the financial statements, including financial reporting and tax legislation.

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, we ensured that we considered the nature of the industry and sector, made appropriate enquiries of management as well as identified any laws and regulations that are applicable to the company. Management did not make the engagement team aware of any instances of non-compliance with material laws and regulations or instances of fraud throughout the year.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

Page 12

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF

WYMONDHAM COMMUNITY RUGBY TRUST

Auditors responsibilities for the audit of the financial statements (continued)

A further description of our responsibilities is available on the FRC's website at: https://www.frc.org.uk/auditors/audit-assurance/auditor-s-responsibilities-for-the-audit-of-the-fi/description-of-theauditor%E2%80%99s-responsibilities-for . This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Price Bailey LLP (Statutory Auditor) Anglia House 6 Central Avenue Broadland Business Park Thorpe St Andrew Norwich Norfolk NR7 0HR

Date: 10 December 2025

Price Bailey LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

Page 13

WYMONDHAM COMMUNITY RUGBY TRUST CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES THE INCOME AND EXPENDITURE ACCOUNT

Unrestricted
Funds 2025
Notes
£
INCOME
Donations
2
110,081
Charitable activities
3
145,606
Other trading activities
4
701,227
Investment income
5
8,983
TOTAL INCOME
965,897
EXPENDITURE
Costs of raising funds
6
(426,673)
Charitable activities
7
(510,508)
TOTAL EXPENDITURE
(937,181)
NET MOVEMENT IN FUNDS
28,716
RECONCILIATION OF FUNDS
Total funds at 1 July 2024
4,469,427
TOTAL FUNDS 30 June 2025
4,498,143		 Restricted
Funds 2025
£
1,194
-
-
-
1,194
(1,764)
-
(1,764)
(570)
2,874
2,304		 Total Funds
2025
£
111,275
145,606
701,227
8,983
967,091
(428,437)
(510,508)
(938,945)
28,146
4,472,301
4,500,447		 Total Funds
2024
£
74,218
129,390
564,374
1,696
769,678
(366,263)
(458,417)
(824,680)
(55,002)
4,527,303
4,472,301

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.

The notes on pages 19 to 33 form part of these financial statements.

Page 14

WYMONDHAM COMMUNITY RUGBY TRUST CONSOLIDATED BALANCE SHEET

AT 30 JUNE 2025

2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible fixed assets 15 4,212,483 4,247,916
CURRENT ASSETS 4,212,483 4,247,916
Investments 16 174,316 150,000
Stocks 17 17,492 7,331
Debtors 18 54,739 45,549
Cash at bank and in hand 117,805 85,217
Creditors: Amounts falling due 19 364,352 288,097
within one year (76,388) (63,712)
NET CURRENT ASSETS 287,964 224,385
NET ASSETS 4,500,447 4,472,301
FUNDS OF THE CHARITY
Restricted funds 2,304 2,874
Designated funds 4,216,791 3,098
Unrestricted General funds 281,352 4,466,329
TOTAL CHARITY FUNDS 20 4,500,447 4,472,301
The financial statements were approved by the Trustees on and are signed on their behalf
09 Dec 2025
by:
DiArto Boon		 @
………………………..
Duncan Brown (Dec 9, 2025, 6:10pm)		 ………………………..
Clare Sisson (Dec 10, 2025, 7:21am)
Duncan Anderson Brown Clare Sisson
Chair of Trustees Trustee

The notes on pages 19 to 33 form part of these financial statements.

Page 15

WYMONDHAM COMMUNITY RUGBY TRUST PARENT BALANCE SHEET

AT 30 JUNE 2025

2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 14 1 1
Tangible fixed assets 15 4,212,483 4,247,916
CURRENT ASSETS 4,212,484 4,247,917
Investments 16 174,316 150,000
Debtors 18 70,057 94,275
Cash at bank and in hand 93,442 21,371
Creditors: Amounts falling due 19 337,815 265,646
within one year (49,852) (41,262)
NET CURRENT ASSETS 287,963 224,384
NET ASSETS 4,500,447 4,472,301
FUNDS OF THE CHARITY
Restricted funds 2,304 2,874
Designated funds 4,216,791 3,098
Unrestricted General funds 281,352 4,466,329
TOTAL CHARITY FUNDS 20 4,500,447 4,472,301

The financial statements were approved by the Trustees on 09 Dec 2025and are signed on their behalf by:

………………………..Duncan Brown (Dec 9, 2025, 6:10pm) … ~~……………………..~~ Duncan Anderson Brown Clare SissonClare Sisson (Dec 10, 2025, 7:21am) Chair of Trustees Trustee

The notes on pages 19 to 33 form part of these financial statements.

Page 16

WYMONDHAM COMMUNITY RUGBY TRUST CONSOLIDATED STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 30 JUNE 2025

CASH FLOWS FROM OPERATING ACTIVITIES
Net income / (loss)
Adjustments for:
Depreciation of tangible fixed assets
Loss on sale of fixed assets
Other interest receivable and similar income
Increase / (decrease) in stocks
(Increase) in debtors
Increase / (decrease) in creditors
Net cash arising / (used) from operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received
Purchase of tangible assets
Purchase of investment assets
Net cash used in investing activities
NET INCREASE / (DECREASE) IN CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS AT END OF YEAR
The net debt note is included in note 22.
The notes on pages 19 to 33 form part of these financial statements.		 2025
£
28,146
53,292
481
(8,983)
(10,161)
(9,190)
12,676
66,261
8,983
(18,340)
(24,316)
(33,673)
32,588
85,217
117,805		 2024
£
(55,002)
55,818
3,544
(1,696)
6,749
(29,633)
(30,225)
(50,445)
1,696
(97,481)
(150,000)
(245,785)
(296,230)
381,447
85,217

Page 17

WYMONDHAM COMMUNITY RUGBY TRUST PARENT STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 30 JUNE 2025

CASH FLOWS FROM OPERATING ACTIVITIES
Net income / (loss)
Adjustments for:
Depreciation of tangible fixed assets
Loss on disposal of fixed assets
Other interest receivable and similar income
(Increase) / decrease in debtors
Increase / (decrease) in creditors
Net cash arising in operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received
Purchase of tangible assets
Purchase of investment assets
Net cash used in investing activities
NET INCREASE / (DECREASE) IN CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS AT END OF YEAR		 2025
£
28,146
53,292
481
(8,983)
24,218
8,590
105,744
8,983
(18,340)
(24,316)
(33,673)
72,071
21,371
93,442		 2024
£
(55,002)
55,818
3,544
(1,696)
113,560
(19,582)
96,642
1,696
(97,481)
(150,000)
(245,785)
(149,143)
170,514
21,371

The net debt note is included in note 22.

The notes on pages 19 to 33 form part of these financial statements.

Page 18

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

1 ACCOUNTING POLICIES

(a) General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Wymondham RFC, Barnard Fields, Bray Drive, Wymondham, Norfolk, NR18 0GQ.

(b) Statement of compliance

The consolidated financial statements have been prepared in accordance with 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) (issued October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), Charities Act 2011 and UK Generally Accepted Accounting Practice.

The charity constitutes a public benefit as defined by FRS 102.

(c) True and fair override

The accounts (financial statements) have been prepared to give a "true and fair" view and 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 Accounts and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 rather than Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

(d) Basis of preparation

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

(e) Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that there are no material uncertainties exist. The trustees have considered all levels of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be to continue as a going concern.

Page 19

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

1 ACCOUNTING POLICIES (continued)

(f) Basis of consolidation

The group financial statements consolidate the financial statements of the charity and its wholly owned subsidiary Wymondham RFC Trading Ltd (company number 11525763) for the year ended 30 June 2025 and comparatives for the year ended 30 June 2024.

Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by the Group. All intra-group transactions, balances, income and expenditure are eliminated on consolidation. The consolidation has been completed on a line by line basis.

Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements.

(g) Fund accounting

Unrestricted funds

These are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated unrestricted funds are those which the Trustees have decided at their discretion to set aside to use for a specific purpose (see Note 20).

Restricted funds

These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

(h) Income

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be reliably measured.

• income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

Page 20

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

1 ACCOUNTING POLICIES (continued)

(i) Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered under the VAT partial exemption rules, and is classified under the headings of the statement of financial activities to which it relates:

• expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

(j) Critical accounting judgements and key sources of estimation uncertainty

In the application of the Group's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimations and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are not based on historical experience and other factors that are considered to be relevant.

The estimates and underlying assumptions are reviewed on an ongoing basis, revisions to accounting estimates are recognised in the period which the estimate is revised if the revisions affects only that period, or in the period of revision and future periods if the revision affects both current and future periods.

Aside from the depreciation applied to the Groups's fixed assets (as highlighted in the tangible asset accounting policy), the trustees do not consider there to be any critical judgements or sources of estimation uncertainty within the financial statements.

(k) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property - 1% straight line

Freehold land - held at cost

Plant and machinery - 15% reducing balance

Equipment - 15% reducing balance

(l) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheet date.

Page 21

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1 ACCOUNTING POLICIES (continued)

(m) Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly likely liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

(n) Pension scheme

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payment obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

(o) Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

(p) Stocks

Stocks are made up of bar and club shop stocks and are valued at the lower of cost and net realisable value after making do allowance for obsolete and slow-moving stocks.

(q) Taxation

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

(r) Financial instruments

A financial asset or a financial liability is only recognised when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost.

(s) Investments

Investments are a form of basic financial instrument. For the Company they relate to shares in the trading subsidiary which are carried at cost with short term fixed interest investments held at banks measured at cost less impairment.

Page 22

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

2
DONATIONS
Donations
Sponsorship
Wellbeing income
Grants received
Donations and grants
Donations
Sponsorship
Wellbeing income
Grants received
Donations and grants
3
INCOME FROM CHARITABLE ACTIVITIES
Subscriptions
Fundraising (non-event)
Schools income
Playing income
Mini's and youth income
Subscriptions
Fundraising (non-event)
Schools income
Playing income
Mini's and youth income		 Unrestricted
Funds
2025
£
4,033
105,048
-
1,000
110,081
2024
£
7,048
66,670
-
500
74,218
Unrestricted
Funds
2025
£
99,054
6,691
6,000
-
33,861
145,606
2024
£
79,976
6,256
6,000
6,180
30,978
129,390		 Restricted
Funds
2025
£
-
-
1,194
-
1,194
2024
£
-
-
-
-
-
Restricted
Funds
2025
£
-
-
-
-
-
-
2024
£
-
-
-
-
-
-		 Total
2025
£
4,033
105,048
1,194
1,000
111,275
2024
£
7,048
66,670
-
500
74,218
Total
2025
£
99,054
6,691
6,000
-
33,861
145,606
2024
£
79,976
6,256
6,000
6,180
30,978
129,390

Page 23

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

4 OTHER TRADING ACTIVITIES

Bar sales
Kitchen and refreshment sales
Shop sales
Beer festival income
Fireworks event income
Annual dinner event income
Other fundraising event income
Facilities rental
Total trading income
Bar sales
Kitchen and refreshment sales
Shop sales
Beer festival income
Fireworks event income
Annual dinner event income
Other fundraising event income
Facilities rental
Total trading income
5
INVESTMENT INCOME
Investment interest received
Bank interest received
Investment interest received
Bank interest received		 Unrestricted
Funds
2025
£
328,013
138,490
12,996
21,650
38,632
38,993
17,411
105,042
701,227
2024
£
272,005
91,471
4,497
19,713
29,145
35,260
11,306
100,977
564,374		 Restricted
Funds
2025
£
-
-
-
-
-
-
-
-
-
2024
£
-
-
-
-
-
-
-
-
-
Unrestricted
Funds
2025
£
7,404
1,579
8,983
2024
£
-
1,696
1,696		 Total
2025
£
328,013
138,490
12,996
21,650
38,632
38,993
17,411
105,042
701,227
2024
£
272,005
91,471
4,497
19,713
29,145
35,260
11,306
100,977
564,374
Total
Funds
2025
£
7,404
1,579
8,983
2024
£
-
1,696
1,696

Page 24

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

6 COSTS OF RAISING FUNDS

Costs of other trading activities
Sponsorship
Wellbeing costs
Fundraising activity costs
Bar costs
Kitchen and refreshment costs
Shop purchases
Beer festival costs
Fireworks event costs
Annual dinner event costs
Other fundraising and event costs
Facilities rental
Total costs of raising funds
Costs of other trading activities
Sponsorship
Wellbeing costs
Fundraising activity costs
Bar costs
Kitchen and refreshment costs
Shop purchases
Beer festival costs
Fireworks event costs
Annual dinner event costs
Other fundraising and event costs
Facilities rental
Total costs of raising funds		 Unrestricted
Funds
2025
£
12,760
-
188,432
77,616
14,366
13,246
16,341
41,617
21,479
40,816
426,673
2024
£
5,827
-
182,298
62,370
6,586
13,783
13,659
39,347
14,875
27,518
366,263		 Restricted
Funds
2025
£
-
1,764
-
-
-
-
-
-
-
-
1,764
2024
£
-
-
-
-
-
-
-
-
-
-
-		 Total
2025
£
12,760
1,764
188,432
77,616
14,366
13,246
16,341
41,617
21,479
40,816
428,437
2024
£
5,827
-
182,298
62,370
6,586
13,783
13,659
39,347
14,875
27,518
366,263

Page 25

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

7 EXPENDITURE ON CHARITABLE ACTIVITIES

Unrestricted
Funds
2025
£
Playing costs
157,279
Facilities and service costs
223,175
Grounds maintenance
69,155
Schools costs
10,685
Mini's and youth costs
32,934
Governance costs
17,280
510,508
2024
£
Playing costs
134,782
Facilities and service costs
199,408
Grounds maintenance
70,203
Schools costs
9,017
Mini's and youth costs
27,762
Governance costs
17,245
458,417
Total expenditure on Charitable Activities is split as follows:
Direct costs
Support costs (note 8)
8
SUPPORT COSTS
Salaries & freelance
Admin & IT
Finance		 Restricted
Funds
2025
£
-
-
-
-
-
-
-
2024
£
-
-
-
-
-
-
-
2025
£
426,221
84,287
510,508
2025
£
67,143
4,118
13,026
84,287		 Total
2025
£
157,279
223,175
69,155
10,685
32,934
17,280
510,508
2024
£
134,782
199,408
70,203
9,017
27,762
17,245
458,417
2024
£
389,771
68,646
458,417
2024
£
54,467
4,047
10,132
68,646

Page 26

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

9 ANALYSIS OF GOVERNANCE COSTS
2025 2024
£ £
Auditors remuneration (see note 10) 19,240 17,245
19,240 17,245
10 AUDITOR'S REMUNERATION
Fees payable for the audit of the financial statements		 2025
£
19,240		 2024
£
17,245
19,240 17,245
11 NET EXPENDITURE
This is stated after charging/(crediting):
Depreciation of tangible fixed assets
Loss on disposal of tangible fixed assets		 2025
£
53,292
481		 2024
£
55,818
3,544
53,773 59,362
12 STAFF COSTS
2025
£
Wages and salaries
203,673
Social Security costs
7,188
Employer contributions to pension plans
3,244
Other staff & freelance costs
42,499
The total staff costs and employee benefits for the reporting period are analysed as follows:		 2024
£
178,713
5,667
2,638
44,793
256,604 231,811
Management
Coaching & schools
Bar & kitchen
Facilities
The average monthly number of employees during the year was as follows:
No employee received emoluments in excess of £60,000		 2025
1
3
12
3		 2024
1
3
14
3
19 21

Page 27

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

13 TRUSTEE REMUNERATION AND EXPENSES

All trustees for the charity are volunteers and received no remuneration for the year ended 30 June 2025 (2023/24: £ Nil) and no expenses were paid out to trustees (2023/24: £ Nil).

14 FIXED ASSET INVESTMENTS (Parent company only)

Cost
At 1 July 2024
At 30 June 2025
Carrying amount
At 30 June 2025
At 30 June 2024		 Investments In
Subsidiaries
£
1
1
1
1		 Total
£
1
1
1
1

Investments in Subsidiaries

The charity holds 1 share of £1 in its wholly owned subsidiary trading company Wymondham RFC Trading Ltd (Company number 11525763) which is incorporated in the United Kingdom. The company operates the bar, kitchen, shop and room hire facitilies at the rugby club. The company pays 100% of its profits to Wymondham Community Rugby Trust via deed of covenant.

Results of Wymondham RFC Trading Ltd

2025
£
Turnover
579,336
Overheads
(385,220)
Deed of covenant payment Wymondham Community Rugby Trust
(194,116)
Net Profit for period
-
Net Assets
1		 2024
£
457,498
(323,286)
(134,212)
-
1

Page 28

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

15 TANGIBLE FIXED ASSETS Group and Parent

Freehold
Land &
Buildings
£
Cost
At 1 July 2024
4,305,071
Additions
12,204
Disposals
-
At 30 June 2025
4,317,275
Depreciation
At 1 July 2024
190,966
Charge for the year
32,363
Eliminated on disposals
-
At 30 June 2025
223,329
Carrying amount
At 30 June 2025
4,093,946
At 30 June 2024
4,114,105
16
CURRENT ASSET INVESTMENTS
Group and Parent
Cost
At 1 July 2024
Additions
At 30 June 2025
Depreciation
At 1 July 2024
At 30 June 2025
Carrying amount
At 30 June 2025
At 30 June 2024		 Plant and
Machinery
£
250,995
5,724
(803)
255,916
118,119
20,716
(322)
138,513
117,403
132,876		 Equipment
£
2,195
412
-
2,607
1,260
213
-
1,473
1,134
935
Other
Investments
£
150,000
24,316
174,316
-
-
174,316
150,000		 Total
£
4,558,261
18,340
(803)
4,575,798
310,345
53,292
(322)
363,315
4,212,483
4,247,916
Total
£
150,000
24,316
174,316
-
-
174,316
150,000

Other investments consist of fixed rate deposit bonds held for a period of 1 year and funds held in savings accounts.

Included in additions for Current Asset Investments is £7,404 of compound interest.

Page 29

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

17
STOCKS
Group
Parent
2025
2025
£
£
Shop stocks
1,463
-
Bar stocks
16,029
-
17,492
-
18
DEBTORS
Group
Parent
2025
2025
£
£
Trade Debtors
17,454
7,155
Prepayments and accrued income
32,273
31,560
Amounts owed by group undertakings
-
8,727
VAT recoverable
5,012
22,615
54,739
70,057
19
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
Parent
2025
2025
£
£
Trade creditors
18,550
10,176
Accruals and deferred income
54,823
36,661
Social security and other taxes
3,015
3,015
76,388
49,852
Group
Parent
Deferred income breakdown
2025
2025
£
£
Deferred income brought forward
7,327
6,215
Released during the year
(7,327)
(6,215)
Deferred during the year
18,656
16,220
Deferred income carried forward
18,656
16,220		 Group
2024
£
2,122
5,209
7,331
Group
2024
£
16,664
23,418
-
5,467
45,549
Group
2024
£
32,891
29,132
1,689
63,712
Group
2024
£
26,333
(26,333)
7,327
7,327		 Parent
2024
£
-
-
-
Parent
2024
£
5,220
18,333
52,022
18,700
94,275
Parent
2024
£
18,355
21,218
1,689
41,262
Parent
2024
£
18,330
(18,330)
6,215
6,215

Deferred income relates to sponsorship & event income received in advance.

Page 30

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

20 FUNDS SUMMARY Year Ended 30 June 2025

Unrestricted funds
General Funds
Fixed Asset Designated Fund
Wasps Designated Fund
Restricted
Wellbeing fund
TOTAL FUNDS 2025
Year Ended 30 June 2024
Unrestricted funds
General Funds
Snr Rugby Designated Fund
Wasps Designated Fund
Restricted
Wellbeing fund
TOTAL FUNDS 2024		 At 1 July
2024
£
4,466,329
-
3,098
4,469,427
At 1 July
2024
£
2,874
2,874
4,472,301
At 1 July
2023
£
4,519,749
2,172
2,048
4,523,969
At 1 July
2023
£
3,334
3,334
4,527,303		 Income
£
964,687
-
1,210
965,897
Income
£
1,194
1,194
967,091
Income
£
763,998
4,630
1,050
769,678
Income
£
-
-
769,678		 Expenditure
£
(937,181)
-
-
(937,181)
Expenditure
£
(1,764)
(1,764)
(938,945)
Expenditure
£
(817,178)
(7,502)
-
(824,680)
Expenditure
£
-
-
(824,680)		 Transfers
£
(4,212,483)
4,212,483
-
-
Transfers
£
-
-
-
Transfers
£
(240)
700
-
460
Transfers
£
(460)
(460)
-		 At 30 June
2025
£
281,352
4,212,483
4,308
4,498,143
At 30 June
2025
£
2,304
2,304
4,500,447
At 30 June
2024
£
4,466,329
-
3,098
4,469,427
At 30 June
2024
£
2,874
2,874
4,472,301

Purposes and restrictions in relation to the funds: Restricted Wellbeing donations: Fund designated for the physical and mental wellbeing of players and members.

Designated Funds Senior Rugby

Fund designated internally for the support of senior rugby.

Wasps Fund designated internally for the support of women's rugby.

Fixed Asset

Fund designated internally for the holding of fixed assets.

Page 31

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

21
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Fixed assets
Net current assets
Fixed assets
Net current assets
22
ANALYSIS OF NET DEBT
Cash
Net debt
Cash
Net debt		 Unrestricted
Funds
2025
£
4,212,483
285,660
4,498,143
2024
£
4,247,916
221,511
4,469,427
At start
of period
2025
£
85,217
85,217
2024
£
381,447
381,447		 Restricted
Funds
2025
£
-
2,304
2,304
2024
£
-
2,874
2,874
Cash
flows
2025
£
32,588
32,588
2024
£
(296,230)
(296,230)		 Total
Funds
2025
£
4,212,483
287,964
4,500,447
2024
£
4,247,916
224,385
4,472,301
At end
of period
2025
£
117,805
117,805
2024
£
85,217
85,217

Page 32

WYMONDHAM COMMUNITY RUGBY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

23 Related parties

Sponsorship income totalling £5,000 + VAT, pre-match hospitality totalling £1,258 + VAT and event income totalling £3,783 + VAT was received from Strand Development Limited in the 2024/25 year of which a trustee is a person of significant control.

24 Pension commitments

The charity operates a defined contribution pension scheme for the benefit of its employees. The amount recognised as an expense in the year was £3,244 (2023/24: £2,638). As at 30 June 2025, £1,102 was payable to the scheme (2023/24: £491).

25 Contingent liabilities

The charity is part of a group VAT registration and therefore is potentially liable for the VAT of the subsidiary. As at 30 June 2025, its subsidiary, Wymondham RFC Trading Ltd had a liability relating to VAT of £17,602 (2023/24: £13,233).

Page 33