REGISTERED COMPANY NUMBF.R: I1007826{England and Wales) REGISTERED CHARITY NUMBER.. 1176345 REPORT OF THF. TRIISTF.F.S AND UNAUDITED FIP4ANCIAL STATF.MF.NTS FOR THE YEAR ENDED 31 AUGUST 2021 FOR NORTHAMwfoN SAINTS FOUNDATION Cox & Co. {Ac¢ountancy) Limited Chartered Accountants The Granary High Street Turvey Bedford Bedford5hire MK43 8DB
NORTHAMPTON SAINTS FOUNDATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 Page Report of the Trustees I to 2 Independent Examin¢¢s Report Staiemeni of Financial Activities Balance Sheet 5t06 Notes to the Financial Statements 7tolO Detailed Statement of Financial Aciiyities I I to 12
NORTHAMPTON SAINTS FOUNDATION TRUSTEES, REPORT FOR THE PERIOD ENDED 31 AUGUST 2021 The Trustees present their report along with the financial statements of the charity for the period I September 2020 to 31 August 2021. Structure• governance and management Structure Northampton Saints Foundation is a Limited Company limited by guarantee registered with Companies House under registration number 11007826 on 11 October 2017 and registered with the Charity Commission under charity number 1176345. The charity was registered and began activities on l June 2019. The Limited Company status offers the charity the benefit of legal entity status and limited liability protection. Government and management The Trustees who have served during the period and since the period end are set out on page l of the Accoijnts. The Charity wa5 formed with the support of Northampton Saints RFC Ltd and a given understanding of the benefit of the shared brand of Northampton Saints. During the year Northampton Saints Foundation has transitioned away from services provided by Northampton Saints RFC Ltd so that there is now independence between the organisations. Northampton Saints RFC Ltd continues to support the Northampton Saints Foundation with the provision of office and classroom space. The operating focus of the Trustees is to manage the activities of the Northampton Saints Foundation to work within its means, concentrating funds generated for specific purposes on specific delivery activities within areas of defined need. Recruitment and appointment of Trustees, The Board of Trustees has established the Foundation as a stable and consistent force for good within the community. The specified Objectives of the Foundation as stipulated by the Constitution dictate that the Trustees possess an empathy and understanding to the needs within the environment of the sports and education industry. As the Foundation develops the existing Board will review the knowledge and expertise within the Board and consider the need for further Trustee resources and individual expertise accordingly. To this point Sarah Mills has joined the Trustee Board as an independent Trustee, brining with her a wealth of experience from the education sector. Simon Hammerschmidt resigned as an independent Trustee during the year. The Trustee Board continues to consist of three members appointed by Northampton Saints RFC Ltd and three independent Trustees. Trustees, induction and training On appointment all new Trustees will receive a Northampton Saints Foundation Trustee pack which will include Charity Commission guidance for Trustees, a copy of the Northampton Saints Constitution most recent board meeting minutes and latest financial statements. New Trustees will also receive a briefing presentation from the Chairman on the Foundation's existing and planned activities. Further to this each new Trustee will be associated with an existing Trustee to act as a mentor as needed.
NORTHAMPTON SAINTS FOUNDATION TRUSTEES, REPORT FOR THE PERIOD ENDED 31 AUGUST 2020 CONTINUED Objectives, artivities and achievements The Northampton Saints Foundation uses the values of Northampton RFC and the power of 5POrt to Inspire, Support and Educate young people and their communities. To deliver this vision the Foundation continues to: Work with the NRFC family to showcase the club'5 values and heritage to drive positive change in communities across Northamptonshire and beyond. Deliver a range of programmes to create life changing opportunities for young people. Communicate the difference we make and celebrate the successes of the individuals and communities with which we work. Operate transparently, honestly and with stron8 governance to ensure the Foundation's impact 15 maximised. The pandemic had an enormou5 impact on society as a whole. The work of the Foundation was brought into sharp focus, it being clear that the mental health of the school a8e population significantly declined. The Foundation adopted covid 19 safe protocols and continued to support the students in our care. This meant that while some programmes remained face to face, a proportion of our activity moved to online platforms. The activities are split in to three main areas, Social Inclusion. Education and Heritage. SOCIAL INCLUSION Engage / Engage + The Engage programme that works with students aged between 10-16, En8a8e+ 16-19. who are strugglin8 Within mainstream education settings, to increase confidence and boost self- esteem. The programmes use practical-ba5ed activities to empower students to see the positives in everyday life. Engage works with the referrer to develop a positive progression pathway which is specific for each individual student to ensure we are meeting their full needs. The pro8rammes are delivered in a hub setting, so that the provision can be as local as possible and therefore consistently accessible for the student. During the year the number of hubs went from 2 to 4, and half a dozen further facilities have been identified for future expansion, with one already committed to open in the September 2021 term. 93% of the young people returned to education, showed an improvement in soft skills or remain on programmes. Aspire This programme has been designed to work with young people from vulnerable and disadvantaged backgrounds, to provide support predominantly over the school holiday. This continues the great work of the Engage programme and extends the 5UPPQrt so that it
NORTHAMPTON SAINTS FOUNDATION TRUSTEES, REPORT FOR THE PERIOD ENDED 31 AUGUST 2020 CONTINUED is all year round, not restricted to term time only. This year the Foundation was able to deliver the Aspire programme in conjunction with the government initiative, holiday activities and food programme. HITZ A programme delivered on behalf of Premiership Rugby's 13 member clubs, uses rugby's core values to improve the personal, social and life skills to support 16 to 19 year old's back into education. training, apprenticeships and/or employment. EDUCATION The education programmes have continued to centre around four main themes. While the pro8rammes were either paused or heavily adapted during the pandemic, there has been a surge of growth in interest and take up during this f inancial year. Values Values incorporates the core values of Northampton Saints Foundation and the sport of rugby throughout both cla5sroom-based and practical multi-sport sessions. The programme offers a holistic approach to promote wellbeing- aiming to build character in its participants, improve their interaction and communication skills, and to encourage positive self and social behaviours. Tacklln8 Chararter Covering rugby's five core values of teamwork, respect, enjoyment. discipline and sportsmanship, Tackling Character aims to develop positive character traits through exciting classroom and practical activities. Tackling Health Using rugby as a focu5, Tackling Health aims to not only improve understanding of what constitutes healthy eating and a healthy diet in young people, but also aims to teach students about their own health and wellbeing. Tackling Numeracy Covering and improving upon core skills from all areas of numeracy (number, shape space and measure, using and applying and data handling), the programme will prepare young people for their future by using themed content that connects with a variety of experiences. The Foundation is growing its portfolio of education offer and plan a writing, sensory and history programme for the future. HERITAGE The support of young people ha5 been a deep-rooted part of Northampton RFC since it began in 1880.
NORTHAMPTON SAINTS FOUNDATION TRUSTEES, REPORT FOR THE PERIOD ENDED 31 AUGUST 2020 CONTINUED The Mobbs project was completed in the year, with the final element being the delayed Mobbs Memorial Match, which postponed to 2022. The activity in the Heritage part of the Foundation has been largely centred around how to preserve and protect the many items donated to Northampton RFC over the past decade. Plans to undertake a new project were curtailed due to the pandemic and the focus of resources on supporting the vulnerable students within Northamptonshire and beyond. In the coming financial year there is a plan to employee a Heritage Lead, so that the great work securing the history of Northampton and Northampton RFC can continue. Financial review and results for the perlod The Statement of Financial Activities shows net income for the period of £193.30512020 £46,597) with reserves standing at £234,13712020 £40,832). 61% of the Foundation's income is derived from Fee paying courses, typically the Engage programme. This is priced to be a lowest cost provider in this sector, while ensuring there is sufficient funds for a very hi8h quality service delivery. 31% of the Foundation's income is derived from Grants, which continues to provide a solid bedrock of funding for specific charitable activities. During the year the Foundation received £7,444 of Furlough payments. The trustees consider that there are adequate resources available to support the continuation of the charity. Public benefit In planning our activities for the year we kept in mind the Charity Commission guidance on public benefit at our trustees meeting. Reserves policy Total reserves at the period end were £234.13712020 £40,832), with unrestricted reserves totalling £101,85912020 £40,8321. Reserve5 will be utilised within the designated programme field in which they were originally received accepting where that programme has been completed to satisfactory levels for the funding provider. Unrestricted f unds as the Trustees agree may be utilised to assist the Foundation in covering general operational costs and further supporting needs within the spectrum of Foundation activities. The Trustees believe the level of reserves is adequate at the Foundation's current stage of development but seek to hold in the region of three months overhead on an ongoing basis. Future plans The Northampton Saints Foundation has demonstrated an ability to reach out and deliver meaningful, positive intervention into the lives of IOOO'S of people in Northamptonshire identified as in need of support by various agencies. including the Police, social services and education settings. The pandemic demonstrated a significant increase in demand for the services provided. particularly in the inclusion area. the Trustees will support the desire and ambition to meet this demand throu8h increased resource and premises where appropriate. The Northampton Saints brand remain5 exciting and engaging and has allowed the Foundation a multitude of benefits across education, health, wellbeing and positive opportunity. The Northampton Saints Foundation has a desire and passion to build on this
NORTHAMPTON SAINTS FOUNDATION TRUSTEES, REPORT FOR THE PERIOD ENDED 31 AUGUST 2020 CONTINUED impact year on year to see more and help more individuals and groups and we will be looking to continue to develop the resources within the Foundation and ensure those resources are directed as efficiently as possible towards targeted outcomes across our region. In reviewing the future plans of the Foundation, the Trustees will be looking for new partners both commercial and public to aid this development of resource directing said resources towards key areas of impact. The Trustees will continue to concentrate on the key objects of the Foundations constitution ensuring purpose of delivery remains to raise standards of education, improve health and wellbeing and tackle issues around social inclusion for the wider public benefit. The Trustee's have received interest in creating a Player Benevolent Fund. It is considered that while this falls within the Foundation's charitable purpose, that funds should be raised specifically for this purpose and held as restricted fund5 and in a separate bank account. The administration of any Benevolent Fund will be separate from the Foundation and from Northampton RFC 50 that complete confidentiality can be observed in relation to requests for support. The trustees are responsible for preparing the Trustees, Annual Return and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Policies). The law applicable to charities in England and Wales requires trLSStees to prepare f inancial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming 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 of the Charities SORP- make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in busine5S. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charitv (Accounts and Reportsl 2008 Regulations and the provision5 of the trust deed. They are a150 responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees and signed on their behalf by: Jon Drown - Chairman 211
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTHAMPTON SAIP4TS FOUNDATION I report on the accounts of the company for the year ended 31 August 2021, whi¢h are set out on page5 four to ten. Responsibilities and basis of report As the charity's trustee5 land also (he directors for the purposes of company law) you are responsible for the prepardtion of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity 15 not subjeci to audit under company law and 15 eligible for independant examination, I have examined your charity's accountg as required under section 145 of the Charities Act 2011 {'Ihe Act.). In carrying out my examination I have followed the Directions gyiven by the Charity Comtni55ion under section 145{5)(bl ofthe2011 Act. My role is to slate whether any material matters hav¢ ¢ome io my attention giving me cause to believe.. that accounting records were noi kept as T¢quired by section 386 of the Companies Act 2006- or that the accounts do not accord with those records; or that the accounts do not comply with the accouniing requirements of section 396 of the Companies Act 2006 and with the methods and principles of ihe Charities Statemeni of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Srandard applicable in the UK and RepublLC of Ireland: or that there is further inforni*ion needed for a prtsr undersianding of the accotsnts. Independent examlner's statement Since your charity'5 gross income exceeded £250,000 your examiner must be a member of a list¢d body. I can confi that l am qualified to und¢rt8ke the examination because l am a registered member tsf Chartered Association of Certified Accountant5 which is one of the lisied bodies. I have completed my examination and have concerns in re%pect of the rnallers (11 to {4) listed above and, in connection with following the Direciions of the Charity Commission I hav¢ found no mallers that Tequire drawing (o your attention. David A Cox BA FCCA FCA Chartered Associaiion of Certified A¢¢ountants Cox & Co. (Accouniancy) LiTnited Chartered Accountants The Granary High Stre¢t Turvey Bedford Bedfordshire MK43 8DB Date.. Page 3
NORTHAMPTON SAINTS FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021 2021 Total funds 2020 Total funds Unrestricted nd Restricted fund Notes INCOMING RESOURCES Incoming rewurees from generated fund5 Voluntary income Other iNcorning reurceS 506,198 7.444 215,440 721,638 7,444 404,538 RESOURCES EXPENDED Charitable a¢tivili¢$ Education Other resources expended 429,360 23.255 83.162 512.522 23.255 327,596 30,345 Total resource5 expended 452,615 83.162 535,777 357,941 NET INCOMING RESOURCES 61,027 132,278 193,305 46,597 RECONCILIATION OF FUNDS Total fund$ brought forward 40,832 40,832 15,765) TOTAL FUNDS CARRIED FORWARD 101,859 132.278 234,137 40,832 Th¢ not¢s forni part of th¢5¢ financial 5tat¢m¢nts Page 4
NORTHAMPTON SAINTS FOUNDATION BALANCE SHEET AT 31 AUGUST 2021 2021 Total fvnds 2020 Total funds Unrestricted fund Restri¢ted fund Nole5 CURRENT ASSETS D¢btors Cash ai bank and in hand 75,711 108,585 75,711 240,863 8,660 169,985 132.278 184.296 132,278 316.574 178,645 CREDITORS Amount5 falling due within one year (82,4371 (82,437) 1137,813) NET CURRENT ASSETS 101,859 132.278 234,137 40.832 TOTAL ASSETS LESSCURRENT LIABILITIES 101,859 132,278 234.137 40,832 NET ASSETS 101.859 132.278 234,137 40.832 FUNDS Unrestricted fid$ Restricted fun(ts 101.859 132.278 40,832 TOTAL FUNDS 234,137 40,832 The notes forni part of these financial si2tem¢nis Page 5 continued...
NORTHAMPTON SAINTS FOUNDATION BALANCE SHEET- CONTINUED AT 31 AVC:UST 2021 The eharitable Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021. The members have noi required the company to obtain an audit of its financial staiemenis for the year ended 31 August 2021 in a¢¢ordan¢¢ with Se¢tion 476 of the Comparties Aci 2006. The trustecs acknowledg¢ their responsibilities for (al ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of ihe Companies Aci 2006 and pr¢paring fillancial st#t¢m¢nts which give a true and fair vt¢w of th¢ stole of affairs of the charitable company as at the end of each financial year and of lis surplus or deficii for each financial year in accoTdance with the requiretnents of Section5 394 and 395 and which otherwise comply with the Tequirements ofthe Companies Act 2006 relaiing io financial statements, so far applicable to the charitable company. Ibl These financial statements have been prepared in accordance with the special Provisions of Part 15 of the Companies Aci 2006 relating to charitable small companies and with the Financial Reporting Sthndard for Smaller Eniities (effeciive January 2015). The financial statemenis were approved by the Board of Trustees on behalf by.. 30-05-2022 -and were signed on its pl J DroWn-Tniee The notes forn] part of these financial stat¢m¢nts Page 6
NORTHAMPTON SAINTS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ACCOUiYTING POLICIES Aceounting convention The financial statem¢nts have been prepared under the historical cost convention, and in a¢cordance with ihe Financial Reporting Stsndard for Smaller Entiiies (effective April ?(K)81. the Companies Act 2006 and ihe requirements of th¢ Statement of Recotnmended Prnctice, Ac¢guntIn and Reporting by Chariiies. Ineorning re50urees All incoming resource5 are included on the Statement of Financial Activitie5 when the charity is legally entitled to the income and the amouni can be quantified with reasonabl¢ accuracy. Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings thai aggregate all cost related to the category. Where cost5 cannot be directly attributed to particular headingTS they have been allocat¢d to activities on a basis Consistent with the use of resources. Taxation The charity is exempt from corporation tax on its charitable activitie5. Fund accounting Unrestricted fun(ts can be us¢d in accordance with the charitable objectives ai the discretion of the ttstecs. Restricted fvnd5 ¢an only be used for particular re5tri¢ted purposes within the objects of (he charity. R¢strictions arise when specified by the donor or when funds are raised for particular restrict¢d purposes. Further explanation of the nanwe and pUoSe of ea¢h fimd is included in the notes to the financial statements. Pension costs And other post-retirement benefits The charitable company operates a defined coniribution pension scheme. Contributions payable to the charitable company's pension Scheme are charged tg the Statement of Financial Activities in the period to which they relate. NET INCOMINGI{OVTGOING} RESOURCES Net resourc¢s are stated after eharging{crediting): 2021 2020 Other pension costs 7,275 4,163 TRUSTEES, REMUNERATION AND BEf4EFITS There were no trustees, remuneration or other benefits for the year ended 31 August 2021 noT for th¢ y¢ar ended 31 August 2020. Tru5tee5' eKpense5 There were no trusiees. expenses paid for the year ended 31 August 2021 nor for the y¢ar ended 31 Au8USt 2020. Page 7
NORTHAMPTON SAINTS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR F.NDF.D 31 AUGUST 2021 STAFF COSTS 2021 2020 Wages and salaries Social security costs (hher pension costs 378,971 30,177 7.275 236,169 22,714 4,163 416,423 263,046 The averag¢ monthly numb¢r of ¢mploye¢s during th¢ year w&8 as follows- 2021 14 2020 EduclOn. administration & management The number of employees whose emoluments fell within ihe following bands was: 2021 2020 £60,001- £70,0(N) £70,001- £80,000 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Trade debtors Other debtors 56.523 19,188 6.060 2.600 75,711 8,660 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Trade creditors Taxation and social srfurity Other creditors 26,258 3,298 52.881 5,010 17.885 114,918 82,437 137,813 MOVEMENT IN FUNDS Nei movement in funds Ai 1.9.20 At31.8.21 Unrestricted fund5 General tund 40,832 61,027 101,859 Restricted funds Restricted Grant5 132,278 132.278 TOTAL FUNDS 40,832 193.305 234,137 Page 8
NORTHAMPTON SAINTS FOUNDATION NOTES TO THE FINANCIAL STATEMEP4TS- CONTIP4UED FOR THE YEAR ENDED 31 AUGUST 2021 MOVEMENT IN FUNDS- contiThued N¢t movement in fund& included in the above as follows.. Incoming resources Resources expended Movement in funds Unrestricted fund$ General fund 513,642 {452,615} 61,027 Restrieted funds Restricted Grants 215,440 (83.162) 132,278 TOTAL FUNDS 729.082 (535,777) 193,305 Cornparativu for movem¢nl in funds Nei movement in fvnds At 1.9.19 At 31.8.20 Unrestricted Fvnds General fund {5.7651 46.597 40,832 TOTAL FUNDS (5,765) 46,597 40.832 Comparative nei movemenl in funds, in¢lud¢d in the above are as follows- In¢oming resources Resources expended Movement in funds UDr¢strict¢d funds Generdl fvnd 347,840 1301.243) 46.597 Restricted funds Restricted Grants 56.698 (56,698) TOTAL FUNDS 404.538 {357.941J 46,597 A current year 12 months and prior year 12 months wmbined p05ltlOli 15 as follows: Nei movement in fund5 Ai 1.9.19 At31.8.21 Unrestricted fund5 Generdl fund {5.765) 107,624 101,859 Restricted funds Restricted Grants 132,278 132,278 TOTAL FUNDS {5.7651 239.902 234,137 Page 9
NORTHAMvfoN SAINTS FOUNDATION NOTES TO THE FIIYANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 31 AUGUST 2021 MOVEMENT IN FUNDS- contlDued A current year 12 months and prior year 12 months combined net movement in fimds. included in the above are as follows.. Incoming resourc¢s Resources expended Movement in nds Unrestrleted funds General fund 861,482 (753.858) 107,624 Restricted funds Resiricied GraDIs 272.138 (139,860) 132,278 TOTAL FUNDS 1.133,620 1893.718) 239,902 Page 10
NORTHAMPTON SAINTS FOUNDATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021 2021 2020 INCOMING RESOURCES Voluntary incom¢ Gifts Donations Grants Course f¢¢5 & subscriptions Matchday donations & rdffles 45,682 224,898 443,491 7,567 25,251 65,449 295,964 17,874 721,638 404,538 Other incoming r¢souree$ Other inc(TrTne 7,444 Total in£ornang re50urees 729,082 404,538 RESOURCES EXPENDED Charltable activities WaBes Social security Pensions Sundries Consumable stores & equipmenl Holiday prouamm¢s costs School hours programm¢s ¢ts Social inclusion. Engage. Hitz Sponsor costs Ad hoc items HLF progrdmm¢ eosts Building mainienance Team building expenses Room hire 378,971 30.177 7,275 3,404 7,154 236,169 22,714 4,163 2,951 408 1,072 12.702 1.000 2,348 22.391 22 24.648 4,474 1,814 1,122 2.142 751 23,5(HJ 485,454 305,918 Other resourees expended Staff training & recruitment Motor expenses Trdvel. mileage & subsistence Siaff clothing & a¢¢essories Matchday experience costs Merchandise costs Start-up costs 5,239 2,327 11.498 4.191 814 2.351 11.504 2,817 1.470 1.008 10,381 23,255 30,345 Support Costs This page does not fomi part of the statuiory fJnan¢ial statements Pagell
NORTHAMvfoN SAIP4TS FOUNDATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021 2021 2020 Management Telephone & internet Printin& postage & stationery Internal m¢¢ting ¢atering Professional services Refreshments 5,715 6,460 3.928 5,361 14 3,210 2,649 14.824 12.521 Finance Bank ¢harg¢s Information technology Compuier maintenance. seThicing & supplies 684 505 1.560 8,652 Total re50urce5 expemded 535.777 357.941 N¢t incorne 193,305 46.597 This page does not fomi part of the statutory financial statemenls Page 12