**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.
- 1 -
## **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
- 2 -
## **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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in 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 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.
- 3 -
## **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:
- 1 accounting records were not kept in respect of the club as required by section 130 of the Charities Act 2011.
- 2 the financial statements do not accord with those records; or
- 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
- 4 -
## **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.
- 5 -
## **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|
|---|---|---|
- 6 -
## **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.
- 7 -
## **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.
- 8 -
## **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|
- 9 -
## **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|
- 10 -
## **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.
- 11 -
## **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.
- 12 -
## **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|
- 13 -
## **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|
- 14 -
## **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|
|---|---|
- 15 -