REGISTERED CHARITY NUMBER: 1173677
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
FOR
BLACKHEATH RUGBY CHARITABLE TRUST
Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA
BLACKHEATH RUGBY CHARITABLE TRUST
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 30 June 2023
| Page | |
|---|---|
| Report of the trustees | 1 to 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 to 9 |
| Detailed statement of financial activities | 10 |
BLACKHEATH RUGBY CHARITABLE TRUST
REPORT OF THE TRUSTEES for the year ended 30 June 2023
The trustees present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
To promote community participation in healthy recreation for the public benefit by providing facilities and coaching for the playing of amateur rugby union football and other sports that are capable of advancing physical health and fitness.
For the public benefit to advance the education (including social and physical training) of young people in such ways as the charity trustees think fit, and in particular by the provision of coaching to support educational courses.
To provide and assist in providing facilities for recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life.
ACHIEVEMENT AND PERFORMANCE
The financial year from 1st July 2022 to 30th June 2023 marked the fourth year of operation of the Blackheath Rugby Charitable Trust.
During the year, our facilities were rented by The Pointer School, Blackheath Rhinos Football Club, Greenwich and Lewisham District Cricket, Simba Cricket and Blackheath Cricket Club during the week.
These facilities are also being used by Blackheath Rugby for our 6-11 year olds plus from September through to the end of April.
FINANCIAL REVIEW
During this period, BRCT received donations of £6,774 for specific use in relation to the provision of a coaching programme in local primary and secondary schools. This programme is being managed by Habib Annous on behalf of BRCT and has been a great success.
We also managed to realise income from renting out pitch use of £48,123 which is an increase of over £7,000 in comparison to the previous period.
Expenditure for the year was approximately £1,500 more than income which is largely due to further and continuing investment in the facilities.
Reserves
In future years, it is the policy of the trustees to maintain a positive balance on unrestricted funds of at least £10,000 to cover emergency situations requiring expenditure that may arise from time to time.
Volunteers
We would like to thank all of our volunteers who work so hard maintaining our facilities for use by the local community.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The site was managed on a daily basis by Alan Thompson as President of Blackheath Football Club.
The trustees of BRCT are responsible for making decisions on all matters.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1173677
Page 1
BLACKHEATH RUGBY CHARITABLE TRUST
REPORT OF THE TRUSTEES for the year ended 30 June 2023
Principal address Club @ Well Hall Kidbrooke Lane London SE9 6TE
Trustees R Ticehurst J R Skinner P T Roberts
Independent Examiner Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA
Approved by order of the board of trustees on 13[th] December 2023 and signed on its behalf by:
........................................................................ R Ticehurst - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BLACKHEATH RUGBY CHARITABLE TRUST
Independent examiner's report to the trustees of Blackheath Rugby Charitable Trust
I report to the charity trustees on my examination of the accounts of Blackheath Rugby Charitable Trust (the Trust) for the year ended 30 June 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material 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 Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns 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 accounts to be reached.
Ricky Hutson BSc FCCA ACA
The Institute of Chartered Accountants in England and Wales
Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA
13 December 2023
Page 3
BLACKHEATH RUGBY CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 June 2023
| Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 20,774 10,000 Other trading activities 2 56,945 - Total 77,719 10,000 EXPENDITURE ON Other 84,713 4,486 NET INCOME/(EXPENDITURE) (6,994) 5,514 RECONCILIATION OF FUNDS Total funds brought forward 29,942 - TOTAL FUNDS CARRIED FORWARD 22,948 5,514 |
2023 Total funds £ 30,774 56,945 87,719 89,199 (1,480) 29,942 **28,462 ** |
2022 Total funds £ 24,000 47,667 71,667 63,353 8,314 21,628 29,942 |
|---|---|---|
The notes form part of these financial statements
Page 4
BLACKHEATH RUGBY CHARITABLE TRUST
BALANCE SHEET 30 June 2023
| Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Tangible assets 5 4,399 - CURRENT ASSETS Debtors 6 6,154 - Cash at bank 27,484 5,514 33,638 5,514 CREDITORS Amounts falling due within one year 7 (15,089) - NET CURRENT ASSETS 18,549 5,514 TOTAL ASSETS LESS CURRENT LIABILITIES 22,948 5,514 NET ASSETS/(LIABILITIES) 22,948 5,514 FUNDS 8 Unrestricted funds Restricted funds TOTAL FUNDS |
2023 Total funds £ 4,399 6,154 32,998 39,152 (15,089) 24,063 28,462 28,462 22,948 5,514 **28,462 ** |
2022 Total funds £ - 39,219 43,533 82,752 (52,810) 29,942 29,942 29,942 29,942 - 29,942 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 13[th] December 2023 and were signed on its behalf by:
............................................. R Ticehurst - Trustee
The notes form part of these financial statements
Page 5
BLACKHEATH RUGBY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. OTHER TRADING ACTIVITIES
| Pitch income Bar income Lettings income Community coaching |
2023 £ 48,123 - 760 8,062 56,945 |
2022 £ 42,553 4,912 202 - |
|---|---|---|
| 47,667 |
Page 6
continued...
BLACKHEATH RUGBY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2023
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2023 nor for the year ended 30 June 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2023 nor for the year ended 30 June 2022.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | ||
|---|---|---|
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 24,000 | |
| Other trading activities | 47,667 | |
| Total | 71,667 | |
| EXPENDITURE ON | ||
| Other | 63,353 | |
| NET INCOME | 8,314 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 21,628 | |
| TOTAL FUNDS CARRIED FORWARD | 29,942 | |
| 5. | TANGIBLE FIXED ASSETS | |
| Plant and | ||
| machinery | ||
| £ | ||
| COST | ||
| Additions | 5,499 | |
| DEPRECIATION | ||
| Charge for year | 1,100 | |
| NET BOOK VALUE | ||
| At 30 June 2023 | 4,399 | |
| At 30 June 2022 | - |
continued...
Page 7
BLACKHEATH RUGBY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2023
6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Trade debtors | 5,895 | 3,460 | ||||
| Other debtors | - | 33,526 | ||||
| Prepayments and accrued income | 259 | 2,233 | ||||
| **6,154 ** | 39,219 | |||||
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||||
| 2023 | 2022 | |||||
| £ | £ | |||||
| Trade creditors | 1,640 | 3,317 | ||||
| Other creditors | 13,449 | 49,493 | ||||
| 15,089 | 52,810 | |||||
| 8. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At | 1.7.22 | in funds | 30.6.23 | |||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 29,942 | (7,998) | 21,944 | |||
| Primary Coaching | - | **1,004 ** | **1,004 ** | |||
| 29,942 | (6,994) | 22,948 | ||||
| Restricted funds | ||||||
| Sport England Together Fund | - | 5,514 | 5,514 | |||
| TOTAL FUNDS | 29,942 | **(1,480) ** | **28,462 ** | |||
| Net movement in funds, included in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 63,120 | (71,118) | (7,998) | |||
| Primary Coaching | 14,599 | **(13,595) ** | **1,004 ** | |||
| 77,719 | (84,713) | (6,994) | ||||
| Restricted funds | ||||||
| Sport England Together Fund | 10,000 | (4,486) | 5,514 | |||
| TOTAL FUNDS | 87,719 | **(89,199) ** | **(1,480) ** |
continued...
Page 8
BLACKHEATH RUGBY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2023
8. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.7.21 | in funds | 30.6.22 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 21,628 |
8,314 | 29,942 |
| TOTAL FUNDS 21,628 |
8,314 | 29,942 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 71,667 |
(63,353) | 8,314 |
| TOTAL FUNDS 71,667 |
(63,353) | 8,314 |
9. RELATED PARTY DISCLOSURES
At the year end the charity owed £8,804 (2022 - £49,331) to Blackheath Rugby Limited and £4,446 (2022 - £2,495 owed from) to Blackheath Football Club Limited, both companies with mutual directors/trustees.
Page 9
BLACKHEATH RUGBY CHARITABLE TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 June 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 30,774 | 1,000 |
| Gift aid | - | 3,000 |
| Government grants | - | 20,000 |
| 30,774 | 24,000 | |
| Other trading activities | ||
| Pitch income | 48,123 | 42,553 |
| Bar income | - | 4,912 |
| Lettings income | 760 | 202 |
| Community coaching | **8,062 ** | - |
| 56,945 | 47,667 | |
| Total incoming resources | 87,719 | 71,667 |
| EXPENDITURE | ||
| Other | ||
| Plant and machinery | 1,100 | - |
| Support costs | ||
| Management | ||
| Hervey road costs | 34,651 | 47,106 |
| Finance | ||
| Bank charges | 60 | 35 |
| Information technology | ||
| IT expenses | - | 592 |
| Other | ||
| Wages & coaching costs | 51,954 | 13,685 |
| Telephone | - | 685 |
| Postage and stationery | 180 | 148 |
| Sundries | 4 | 102 |
| 52,138 | 14,620 | |
| Governance costs | ||
| Accountancy and legal fees | 1,250 | 1,000 |
| Total resources expended | 89,199 | 63,353 |
| Net (expenditure)/income | **(1,480) ** | 8,314 |
This page does not form part of the statutory financial statements
Page 10