**REGISTERED CHARITY NUMBER: 1173677** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024** ## **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 2024** |||**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|10| |**Detailed statement of financial activities**||11|| **BLACKHEATH RUGBY CHARITABLE TRUST** ## **REPORT OF THE TRUSTEES for the year ended 30 June 2024** The trustees present their report with the financial statements of the charity for the year ended 30 June 2024. The have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic 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 for such facilities by reason of their youth, age, infirmity or disablement, or social and economic circumstances or for 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 2023 to 30th June 2024 marked the fifth 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 Lewisham District Cricket, Simba Cricket, The National Cricket League and Blackheath Cricket Club during the week weekends. 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 accounting period, BRCT received donations of over £20,000 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 with our coaches engaging with over 3,000 children in the local area during this period. We also managed to realise income from renting out pitch use of £49,892 which is a small increase in comparison to the previous year. Expenditure for the year was approximately £2,750 more than income which is largely due to further and continuing investment in the ground. ## **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, and constitutes an unincorporated charity. The site was managed on a daily basis by Alan Thompson as Past President of Blackheath Football Club. The trustees of BRCT are responsible for making decisions on all matters. Page 1 **BLACKHEATH RUGBY CHARITABLE TRUST** ## **REPORT OF THE TRUSTEES for the year ended 30 June 2024** ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1173677 ## **Principal address** The administration office and correspondence address for Blackheath Rugby Charitable Trust is at The Club at Well Hall, Kidbrooke Lane, Eltham, London SE9 6TE. ## **Trustees** The following trustees have served from 1st July 2023 to 30th June 2024: Russell Ticehurst James Skinner Paul 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 13th December 2024 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 2024. ## **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: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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 2024 Date: ............................................. Page 3 **BLACKHEATH RUGBY CHARITABLE TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 June 2024** |Unrestricted
Restricted
funds
funds
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**22,395**
**-**
Other trading activities
2
**73,303**
**-**
**Total**
**95,698**
**-**
**EXPENDITURE ON**
Other
**92,932**
**5,514**
**NET INCOME/(EXPENDITURE)**
**2,766**
**(5,514)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**22,948**
**5,514**
**TOTAL FUNDS CARRIED FORWARD**
**25,714**
**-**|**2024**
**Total**
**funds**
**£**
**22,395**
**73,303**
**95,698**
**98,446**
**(2,748)**
**28,462**
**25,714**|2023
Total
funds
£
30,774
56,945
87,719
89,199
(1,480)
29,942
28,462| |---|---|---| The notes form part of these financial statements Page 4 ## **BLACKHEATH RUGBY CHARITABLE TRUST** ## **BALANCE SHEET 30 June 2024** ||||||**2024**|2023| |---|---|---|---|---|---|---| |||Unrestricted|Restricted||**Total**|Total| |||funds|funds||**funds**|funds| ||Notes|£|£||**£**|£| |**FIXED ASSETS**||||||| |Tangible assets|5|**3,299**||**-**|**3,299**|4,399| |**CURRENT ASSETS**||||||| |Debtors|6|**16,923**||**-**|**16,923**|6,154| |Cash at bank||**20,266**||**-**|**20,266**|32,998| |**CREDITORS**||**37,189**||**-**|**37,189**|39,152| |Amounts falling due within one year|7|**(14,774)**||**-**|**(14,774)**|(15,089)| |**NET CURRENT ASSETS**||**22,415**||**-**|**22,415**|24,063| |**TOTAL ASSETS LESS CURRENT**||||||| |**LIABILITIES**||**25,714**||**-**|**25,714**|28,462| |**NET ASSETS**||**25,714**||**-**|**25,714**|28,462| |**FUNDS**|8|||||| |Unrestricted funds|||||**25,714**|22,948| |Restricted funds|||||**-**|5,514| |**TOTAL FUNDS**|||||**25,714**|28,462| The financial statements were approved by the Board of Trustees and authorised for issue on 13th December 2024 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 2024** ## **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
Lettings income
Community coaching|**2024**
**£**
**49,892**
**2,295**
**21,116**
**73,303**|2023
£
48,123
760
8,062
56,945| |---|---|---| continued... Page 6 **BLACKHEATH RUGBY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2024** ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
20,774
10,000
Other trading activities
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|Total
funds
£
30,774
56,945
87,719
89,199
(1,480)
29,942
28,462| |---|---| continued... Page 7 **BLACKHEATH RUGBY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2024** ## **5. TANGIBLE FIXED ASSETS** |||||Plant and| |---|---|---|---|---| |||||machinery| |||||£| ||**COST**|||| ||At 1 July 2023 and 30 June 2024|||**5,499**| ||**DEPRECIATION**|||| ||At 1 July 2023|||**1,100**| ||Charge for year|||**1,100**| ||At 30 June 2024|||**2,200**| ||**NET BOOK VALUE**|||| ||At 30 June 2024|||**3,299**| ||At 30 June 2023|||4,399| |**6.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||Trade debtors||**2024**
**£**
**16,923**|2023
£
5,895| ||Prepayments and accrued income||**-**|259| ||||**16,923**|6,154| |**7.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||Trade creditors||**2024**
**£**
**977**|2023
£
1,640| ||Other creditors||**13,797**|13,449| ||||**14,774**|15,089| |**8.**|**MOVEMENT IN FUNDS**|||| ||At 1.7.23||Net
movement
in funds|At
30.6.24| ||**Unrestricted funds**|£|£|£| ||General fund|**21,944**|**(4,105)**|**17,839**| ||Schools Coaching|**1,004**|**6,871**|**7,875**| ||**Restricted funds**|**22,948**|**2,766**|**25,714**| ||Sport England Together Fund|**5,514**|**(5,514)**|**-**| ||**TOTAL FUNDS**|**28,462**|**(2,748)**|**25,714**| |||||| continued... Page 8 ## **BLACKHEATH RUGBY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2024** ## **8. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement|Movement| |---|---|---|---|---| ||resources|expended|in funds|| ||£|£||£| |**Unrestricted funds**||||| |General fund|**58,634**|**(62,739)**||**(4,105)**| |Schools Coaching|**37,064**|**(30,193)**||**6,871**| |**Restricted funds**|**95,698**|**(92,932)**||**2,766**| |Sport England Together Fund|**-**|**(5,514)**||**(5,514)**| |**TOTAL FUNDS**|**95,698**|**(98,446)**||**(2,748)**| ## **Comparatives for movement in funds** |**Unrestricted funds**|At 1.7.22
£|Net
movement
At
in funds
30.6.23
£
£| |---|---|---| |General fund|29,942|(7,998)
21,944| |Schools Coaching|-|1,004
1,004| |**Restricted funds**|29,942|(6,994)
22,948| |Sport England Together Fund|-|5,514
5,514| |**TOTAL FUNDS**|29,942|(1,480)
28,462| Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**|Incoming
Resources
resources
expended
£
£|Movement
in funds
£|Movement
in funds
£| |---|---|---|---| |General fund|63,120
(71,118)||(7,998)| |Schools Coaching|14,599
(13,595)||1,004| |**Restricted funds**|77,719
(84,713)||(6,994)| |Sport England Together Fund|10,000
(4,486)||5,514| |**TOTAL FUNDS**|87,719
(89,199)||(1,480)| continued... Page 9 **BLACKHEATH RUGBY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2024** ## **9. RELATED PARTY DISCLOSURES** At the year end the charity owed £9,475 (2023 - £8,804) to Blackheath Rugby Limited and £4,322 (2023 - £4,446) to Blackheath Football Club Limited, both companies with mutual directors/trustees. Page 10 **BLACKHEATH RUGBY CHARITABLE TRUST** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 June 2024** ||2024|2023| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|**22,395**|30,774| |**Other trading activities**||| |Pitch income|**49,892**|48,123| |Lettings income|**2,295**|760| |Community coaching|**21,116**|8,062| ||**73,303**|56,945| |**Total incoming resources**|**95,698**|87,719| |**EXPENDITURE**||| |**Other**||| |Plant and machinery|**1,100**|1,100| |**Support costs**||| |**Management**||| |Hervey road costs|**46,553**|34,651| |**Finance**||| |Bank charges|**61**|60| |**Other**||| |Wages & coaching costs|**47,466**|51,954| |Postage and stationery|**-**|180| |Sundries|**-**|4| |Grant funds returned|**1,766**|-| |**Governance costs**|**49,232**|52,138| |Accountancy and legal fees|**1,500**|1,250| |Total resources expended|**98,446**|89,199| |**Net expenditure**|**(2,748)**|(1,480)| |||| This page does not form part of the statutory financial statements Page 11