Charity registration number 1177142
BLACKBURN RUGBY UNION FOOTBALL CLUB ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PM+M Solutions for Business LLP Chartered Accountants New Century House Greenbank Technology Park Challenge Way Blackburn Lancashire BB1 5QB
BLACKBURN RUGBY UNION FOOTBALL CLUB
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr R H Graham Mr I J Holcroft Mr D E Radice Mr E P Westhead Mr D Porter Mr A J Morris Mr M Williams
Mr W Rostron Mr M Bullen
(Appointed 11 November 2024) (Appointed 1 June 2025) (Appointed 1 June 2025)
Charity number (England and Wales) 1177142
Principal address Ramsgreave Drive Blackburn Lancashire BB1 8BN
Independent examiner
PM+M Solutions for Business LLP New Century House Greenbank Technology Park Challenge Way Blackburn Lancashire BB1 5QB
BLACKBURN RUGBY UNION FOOTBALL CLUB
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Statement of trustees' responsibilities | 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 15 |
BLACKBURN RUGBY UNION FOOTBALL CLUB
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MAY 2025
The trustees present their report and financial statements for the year ended 31 May 2025.
The club was registered as a Charitable Incorporated Organisation on 13 February 2018 under Charity registration number 1177142. It operates from the Club's ground at Ramsgreave Drive, Blackburn.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the club's governing document, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016)
Objectives and activities
The club's objects are:
1) to promote and encourage community participation in healthy recreation by providing facilities for playing Rugby Union football ("facilities" means land, buildings, equipment and organising sporting activities);
2) to provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty 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; and
3) to advance the education of children and young people through such means as the trustees think fit in accordance with the law of charity ("the objects").
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the club should undertake.
Financial review
Net incoming resources for the year totalled £45,501. Total fund balances as at 31 May 2025 were £673,984, of which £31,318 were restricted.
The trustees has assessed the major risks to which the club is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
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BLACKBURN RUGBY UNION FOOTBALL CLUB
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025
Structure, governance and management
The members of the club and those persons admitted to membership by the Charity Trustees, in accordance with the constitution, shall be the members of the club.
The Charity Trustees shall manage the affairs of the Club and may for that purpose exercise all the powers of the Club. There must be at least five Charity Trustees and in addition three Property Trustees. The maximum number of Charity/Elected Trustees that can be appointed is sixteen. The maximum number of Property Trustees is four (twenty in total).
The first Charity Trustees shall retire immediately prior to the general meeting in the year but may be re-elected in accordance with the Constitution.
The trustees who served during the year and up to the date of signature of the financial statements were:
Mr R H Graham Mr I J Holcroft Mrs D Newman (Resigned 1 June 2024) Mr D E Radice Mr D M Scott (Resigned 1 June 2024) Mr E P Westhead Mr J R Yates (Resigned 31 May 2025) Mr D Porter Mr P Whitman (Resigned 31 May 2025) Mr A J Morris Mrs M Allanson (Resigned 31 May 2025) Mrs C A Hanson (Resigned 1 June 2024) Mr M Williams (Appointed 11 November 2024) Mr W Rostron (Appointed 1 June 2025) Mr M Bullen (Appointed 1 June 2025)
None of the trustees has any beneficial interest in the Club. All of the trustees are members of the Club.
EP Westhead Ian Holcroft Mr E P Westhead Mr I J Holcroft Trustee Trustee Dated: 16 February 2026 Dated:16 February 2026
Mike Williams
Mr M Williams Trustee Dated:16 February 2026
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BLACKBURN RUGBY UNION FOOTBALL CLUB
STATEMENT OF TRUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDED 31 MAY 2025
The trustees are responsible for preparing the Trustees' Report and the 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 financial year which give a true and fair view of the state of affairs of the club and of the incoming resources and application of resources of the club for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the club and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the club and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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BLACKBURN RUGBY UNION FOOTBALL CLUB
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BLACKBURN RUGBY UNION FOOTBALL CLUB
I report to the trustees on my examination of the financial statements of Blackburn Rugby Union Football Club (the club) for the year ended 31 May 2025.
Responsibilities and basis of report
As the trustees of the club you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the club’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the club as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached.
PM+M Solutions for Business LLP
Dean Rodgers ACA PM+M Solutions for Business LLP
New Century House Greenbank Technology Park Challenge Way Blackburn Lancashire BB1 5QB
Dated: 16 February 2026
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BLACKBURN RUGBY UNION FOOTBALL CLUB
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MAY 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 3 34,011 26,282 Charitable activities 4 91,582 - Investments 5 - 180 Total income 125,593 26,462 Expenditure on: Raising funds 6 - 23,232 Charitable activities 7 83,322 - Total resources expended 83,322 23,232 Net gains/(losses) on investments 9 - - Net incoming resources 42,271 3,230 Net movement in funds 42,271 3,230 Fund balances at 1 June 2024 600,395 28,088 Fund balances at 31 May 2025 642,666 31,318 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 60,293 27,411 22,387 91,582 75,737 - 180 - 186 152,055 103,148 22,573 23,232 - 22,936 83,322 79,263 - 106,554 79,263 22,936 - 56,135 - 45,501 80,020 (363) 45,501 80,020 (363) 628,483 520,375 28,451 673,984 600,395 28,088 |
Total 2024 £ 49,798 75,737 186 |
|---|---|---|
| 125,721 | ||
| 22,936 | ||
| 79,263 | ||
| 102,199 | ||
| 56,135 | ||
| 79,657 | ||
| 79,657 548,826 |
||
| 628,483 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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BLACKBURN RUGBY UNION FOOTBALL CLUB
BALANCE SHEET
AS AT 31 MAY 2025
| 2025 Notes £ Fixed assets Tangible assets 11 Current assets Debtors 12 323,520 Cash at bank and in hand 43,429 366,949 Creditors: amounts falling due within one year 14 (51,960) Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 15 Net assets Income funds Restricted funds 17 Unrestricted funds General unrestricted funds 477,265 Revaluation reserve 165,401 The financial statements were approved by the Trustees on 16 February 2026 Mr E P Westhead Mr I J Holcroft Trustee Trustee EP Westhead Ian Holcroft |
2024 £ £ 393,550 242,629 52,112 294,741 (31,440) 314,989 708,539 (34,555) 673,984 31,318 434,994 165,401 642,666 673,984 Mr M Williams Trustee Mike Williams |
£ 401,302 263,301 664,603 (36,120) 628,483 28,088 600,395 628,483 |
|---|---|---|
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BLACKBURN RUGBY UNION FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
1 Accounting policies
Charity information
Blackburn Rugby Union Football Club is a charitable incorporated organisation registered at the Charity Commission for England and Wales.
1.1 Accounting convention
The financial statements have been prepared in accordance with the club's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The club is a Public Benefit Entity as defined by FRS 102.
The club has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the club. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the club has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Incoming resources
Income is recognised when the club is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the club has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 Resources expended
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.
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BLACKBURN RUGBY UNION FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025
1 Accounting policies
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings nil Plant and machinery 25% reducing balance Fixtures and fittings 10% reducing balance Clubhouse 2.5% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the club reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9 Financial instruments
The club has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the club's balance sheet when the club becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
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BLACKBURN RUGBY UNION FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025
1 Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors and loans are initially recognised at transaction price , where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the club’s contractual obligations expire or are discharged or cancelled.
2 Critical accounting estimates and judgements
In the application of the club’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from donations and legacies
| Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 10,459 1,050 Membership fees 23,552 25,232 34,011 26,282 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 11,509 2,328 - 48,784 25,083 22,387 60,293 27,411 22,387 |
Total 2024 £ 2,328 47,470 |
|---|---|---|
| 49,798 |
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BLACKBURN RUGBY UNION FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025
4 Income from charitable activities
| 5 6 |
Unrestricted Unrestricted funds funds 2025 2024 £ £ Advertising 57,702 51,852 Functions and hires 3,500 100 International tickets 27,690 18,628 Other income 2,690 5,157 91,582 75,737 Income from investments Restricted Restricted funds funds 2025 2024 £ £ Interest receivable 180 186 |
Unrestricted Unrestricted funds funds 2025 2024 £ £ Advertising 57,702 51,852 Functions and hires 3,500 100 International tickets 27,690 18,628 Other income 2,690 5,157 91,582 75,737 Income from investments Restricted Restricted funds funds 2025 2024 £ £ Interest receivable 180 186 |
Unrestricted Unrestricted funds funds 2025 2024 £ £ Advertising 57,702 51,852 Functions and hires 3,500 100 International tickets 27,690 18,628 Other income 2,690 5,157 91,582 75,737 Income from investments Restricted Restricted funds funds 2025 2024 £ £ Interest receivable 180 186 |
|---|---|---|---|
| Raising funds | |||
| Restricted funds 2025 £ Playing equipment 4,570 Clothing and kit 576 Trophies and medals 287 Coaches and officials training 1,225 Rugby tours allowance - Tournament entry fees 335 Player subsistence 3,266 Touring fund - Pitch fees 12,500 Trading costs Other trading activities 473 23,232 |
Total 2024 £ - 805 456 - 2,250 415 5,718 692 12,500 |
||
| 100 | |||
| 22,936 |
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BLACKBURN RUGBY UNION FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025
7 Charitable activities
| Rates Repairs and maintenance Bank charges Sundry expenses Depreciation Non-bank interest on loans Accountancy fees Insurance Programmes International ticket purchases Heat and light |
2025 £ 1,086 32,077 758 5,061 7,752 908 2,440 - 776 27,690 4,774 83,322 |
2024 £ 980 27,804 904 7,351 8,288 3,428 3,646 184 423 18,759 7,496 |
|---|---|---|
| 79,263 |
During the year there was independent examination fees of £2,350 (2024 - £2,200).
8 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the club during the year.
9 Net gains/(losses) on investments
| Unrestricted | Total | |
|---|---|---|
| funds | ||
| 2025 | 2024 | |
| £ | £ | |
| Loans written off | - | 56,135 |
10 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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BLACKBURN RUGBY UNION FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025
| 11 Tangible fixed assets Freehold land and buildings Plant and machinery Fixtures and fittings £ £ £ Cost At 1 June 2024 215,401 13,500 24,616 At 31 May 2025 215,401 13,500 24,616 Depreciation and impairment At 1 June 2024 - 5,485 7,262 Depreciation charged in the year - 2,004 1,735 At 31 May 2025 - 7,489 8,997 Carrying amount At 31 May 2025 215,401 6,011 15,619 At 31 May 2024 215,401 8,015 17,354 12 Debtors Amounts falling due within one year: Trade debtors Other debtors Accrued income 13 Loans and overdrafts Other loans Payable after one year |
Clubhouse £ 189,516 189,516 28,984 4,013 32,997 156,519 160,532 2025 £ 4,951 298,733 19,836 323,520 2025 £ 31,933 31,933 |
Total £ 443,033 |
|---|---|---|
| 443,033 | ||
| 41,731 7,752 |
||
| 49,483 | ||
| 393,550 | ||
| 401,302 | ||
| 2024 £ 2,999 234,702 4,928 |
||
| 242,629 | ||
| 2024 £ 31,405 |
||
| 31,405 |
The bank loan is not secured against any assets of the company.
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BLACKBURN RUGBY UNION FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025
14 Creditors: amounts falling due within one year
| Notes Obligations under hire purchase Other taxation and social security Deferred income 16 Trade creditors Accruals and deferred income |
2025 £ 2,092 4,393 23,677 18,184 3,614 51,960 |
2024 £ 1,959 7,263 13,894 3,847 4,477 |
|---|---|---|
| 31,440 |
Hire purchase liabilities are secured against the assets to which they relate. These assets remain the property of the finance provider until all payments under the agreement have been made.
15 Creditors: amounts falling due after more than one year
| 2025 £ Obligations under hire purchase 2,622 Borrowings 31,933 34,555 16 Deferred income 2025 £ Other deferred income 23,677 Deferred income is included in the financial statements as follows: 2025 £ Deferred income is included within: Current liabilities 23,677 Movements in the year: Deferred income at 1 June 2024 13,894 Released from previous periods (13,894) Resources deferred in the year 23,677 Deferred income at 31 May 2025 23,677 |
2025 £ 2,622 31,933 34,555 2025 £ 23,677 |
2024 £ 4,715 31,405 |
|---|---|---|
| 36,120 | ||
| 2024 £ 13,894 |
||
| 2024 £ 13,894 |
||
| - - 13,894 |
||
| 13,894 |
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BLACKBURN RUGBY UNION FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025
17 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At 1 June | At 1 June | Incoming | Resources | Transfers | At 31 May | At 31 May | |
|---|---|---|---|---|---|---|---|
| 2024 | resources | expended | 2025 | ||||
| £ | £ | £ | £ | £ | |||
| Mini & Youth - general fund | 6,021 | 26,462 | (23,232) | 6,250 | 15,501 | ||
| Mini & Youth - touring fund | 9,697 | - | - | (6,250) | 3,447 | ||
| Colts touring fund | 12,370 | - | - | - | 12,370 | ||
| 28,088 | 26,462 | (23,232) | - | 31,318 | |||
| Previous year: | At 1 June | Incoming | Resources | Transfers | At 31 May | ||
| 2023 | resources | expended | 2024 | ||||
| £ | £ | £ | £ | £ | |||
| Mini & Youth - general fund | (829) | 22,573 | (22,245) | 6,522 | 6,021 | ||
| Mini & Youth - touring fund | 16,910 | - | (691) | (6,522) | 9,697 | ||
| Colts touring fund | 12,370 | - | - | - | 12,370 | ||
| 28,451 | 22,573 | (22,936) | - | 28,088 |
18 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 June | Incoming | Resources | Gains and | At 31 May | |
|---|---|---|---|---|---|
| 2024 | resources | expended | losses | 2025 | |
| £ | £ | £ | £ | £ | |
| General funds | 434,994 | 125,593 | (83,322) | - | 477,265 |
| Revaluation reserve | 165,401 | - | - | - | 165,401 |
| Previous year: | At 1 June | Incoming | Resources | Gains and | At 31 May |
| 2023 | resources | expended | losses | 2024 | |
| £ | £ | £ | £ | £ | |
| General funds | 354,974 | 103,148 | (79,263) | 56,135 | 434,994 |
| Revaluation reserve | 165,401 | - | - | - | 165,401 |
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BLACKBURN RUGBY UNION FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025
19 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2025 2025 £ £ At 31 May 2025: Tangible assets 393,550 - Current assets/(liabilities) 283,671 31,318 Long term liabilities (34,555) - 642,666 31,318 Unrestricted Restricted funds funds 2024 2024 £ £ At 31 May 2024: Tangible assets 401,302 - Current assets/(liabilities) 235,213 28,088 Long term liabilities (36,120) - 600,395 28,088 |
Total 2025 £ 393,550 314,989 (34,555) 673,984 Total 2024 £ 401,302 263,301 (36,120) 628,483 |
|---|---|
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