Charity number: 1197571 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 VINTPAMS ROCHFORD HUNDRED RUGBY FOOTBALL CLUB CONTENTS Page R8fèr8ne8 and admlnlstratlvo dètalls of thè Charlty. Its Trnst••s and advlsèrs Trustees. report Independent examinerfs report Statement of flnanclal •ctl¥ltl•s Balance sheet Notes to the financial statements 10-24 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2024 Trustees J Drinkwater M Drinkwater R Stephenson, Chair of Trustees S Wakefield Charity registered numbor 1197571 Princlpal offic• Magnolia Road Rochford Essex SS4 3AD Page 1 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2024 The Trustees present their annual report logelher with the financial statemenls of the Charity for the year ended 31 May 2024. For several years Rochford Hundred Rugty F(thll Club IRHRFCI was a Community Amateur Spotts Club ICASCI but it decided lo become a Charitable Incorporated Organisation ICIOI in 2020 and began the process to be come one. At the Annual General Meeling IAGMI of RHRFC held in July 2020 it was unanimously agreed by those present and entitled to vote for RHRFC to begin the process of RHRFC becoming a CIO with a trading subsidiary attached to il to be called Rwhford Hundred IM8gnolial Ltd. The Charity Commission accepted the paperwork submitted by RHRFC in February 2022 the Charity Commission registered RHRFC as 8 CIO. As part ol the process at the 12 July 2021 AGM of RHRFC Charity Trustees were appointed and a transfer of Assèts and undertakings was approved Irom Ihe CIO to Rochford Hundred (Magnolia) Ltd. Objectlvos and activltlos a. Polici8s and objectiV88 In settlng objectives and planning for activities the Tnjslees have given due consideration lo the general guidance published by the Charity Commission relab'ng to public benefil. induding the guidance 'Publlc Benefit,, running a Charily IPB21'. To promote community participation in heatthy recreation by providing facilities for playing rugby union football and other sW)rts, lo advance the edvcation of children and young people through such means as the members think fit in accordance with the law appertainirKJ lo the CIO. b. Strat•gl6¥ for achlevlng obJ•¢tlve• The Strategies for achieving these objectives include having a leam of Ru9by Football Union IRFUI lour Governing body) qualified rugby football coaches enabled to coach rugby union to young people aged from 2 years old up and to and including those under 19 years ol age. as well as team of Coaches lo coach adult men and women. Th81 is a minimum 0118 teams under 19 years of age as some age groups have more Ih8n one t98m and a total figure in gxcess 01400 yrmjng pgoplè bging coached and pla￿n9 rugby gach w88k during thg Season. In addition we njn Coaching sessions for a group of Children wih Special Educats'onal Needs, which as membership ol around 40 young people and an LGBT team, being one ol only such teams in Essex. To educate young people aboLrt the coft values of Rugby Union, which are, teamwork, respect, enjoyment, discipline and sportsmanship. This is delivere(I by a team discussing. emphasising and talking lo the young people about the meanings behind each of these lemis and enabling ￿￿n9 people to undgrstsnd these meanings and demonstrate their understanding of the core values. The rugby club provides outreach work to local sCh￿IS by sending our qualifies coaches intoi schools to assist with rugby coaching for those school pupils and by offering our facilities at the rugby club lo used by local schools and colleges. We are currently the home ground for the SEEVIC ￿llege lo play rugby matches . c. Volunt•8rs The rugby Club runs and ￿lieS uwn a very dedictaed team of volunteers who undertake a whole range of activits'es and tasks, which ènabl8s the dub to 0￿rat￿. d. Main activitie5 undertaken to further the Charity's purposes for the public benefrt The main activity of RHRFC is the coaching and playing of rugby foolball. Page 2 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024 Achievements and perfomiance a. Maln a¢hl¢vtm¢nts ol th• Charlty The main achievements of the charity have been to either create or sustain rugby teams at all age groups from under 2 years of age up lo and including players under 19 years of age and adult men and women's team open to all. b. Key perfomiance indicators The key perfomiance 1ndit￿lOr5 we are kKJknng 81 indude maintaining and increasing the number of active participants in rugby football. ¢. Revlow of actlvltles Regular coaches m8eb.ngs review number of participants, skills acquired for the players, performanc8 if playing matches and the increase in skill levels of the players. d. Fa¢t¢rs r•lovant to a¢hlov• obJxtlv•$ Relevant factOTS indude competency of coaches lo o)ach rugby football. numbers of players regularly attending coaching sessions and 8V8118bility of all eouipmenl. All our coaches a￿ aclivoly supported in the Continuing Professional Development ICPDI by attenoing any and all relevant training courses inclu(Jing safeguarding. •. Fundral8lng actlvltl•s and Income generat5on Fundraising is primarily through member Subscript￿nS and personal membor donations. Income is generated through th8 commercial side of the charity Ihrough bar sale$ in a separate limited company. Flnanclal r•vl•w a. Golng conc•m After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable fulure. For this reason, thay conts'nue to adopt the going concern basis in preparing the financial siatements. Further details regarding the adoption of the going concern basis can be found in Ihe accounting policies. b. Reserv•$ poli¢y The tuslees have a reserve policy that broardty covers direct and sup￿1 costs for 34 months. c. Flnan¢lal rlsk management obJ•ctlv8s and pollclgs The Trusleees and Director5 meet on a monthly basis lo examine and sculinise the accoun15 as p￿sented lo them by the Hon Treasuruer, thi5 indudes measuring perfomiance against budget and prior periods. d. Principal funding The principal ftjnding for the CIO comes via member subscriptions and donations. In addition, the bar generates income and Rochford Hundied Imagnolial Ltd seeks and attracts sponsorship monies. Page 3 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024 Structure. governance and management a. Constltutlon Rochford Hundred Rugby Football Club is a registered charity. number 1197571. and is constituted under a CIO Association. b. Methods of appointmant or &l•ctlon of Trust•es The management of the Charity is the r6sw)nsibility of the Trust88s who a￿ ele¢t8d 8nd co-optsd under the terms of the CIO Ass(￿13110n. Organlsatlonal structure and decSslon4naklng pollcles The Trustees have delegated d￿lS1on making lo an annually eleded at AGM Executive Committee headed by the Chairman of the rugby club, supported by an Honorary Treasurer and Honorary Secretary and various oth8r office holders. d. Poll¢lo5 adopt•d for th• Inductlon and tralnlng of Twst¢•s Trustees are made aware of their I￿st88 responsibilities and accountable action5 by reference to Charity Commission guidance. e. Flnanclal rl8k management The Trustees have assessed the mahor dsks to which the Charity Is exposed, in partlcular those related lo the operations and financgs of Ihe Charity, and are satssfied Ihal syslgms and procedures are in place lo miligalg gxposure to the major risks. Plans for futur• p•rlod$ Plans for the future of the CIO are foremost to keep a pod ol RFU qualffied rugby coaches across all age groups as well as increasing the number of young people joining the njgby club lo help ensure that there is a rugby club for future generations. The plan for Rochford Hundred (Magnolia) Ltd is lo increase bar and food income through stsging planned events Ihal attract extemal an¢J intemgl people from our calchmenl areas and to inc￿8$? incomo via 8ttra¢live sponsorship deals. Members. liability The Members of the Charity guarantee to contribute an anM)unt not exceeding £1 to the assets of the Charity in the event of winding up. Page 4 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024 Statement of Trustees. responsibilities Thè Trustg8s ars responsiblè for prèparing the Trustees, report and the finanual stalèmants in accordancè wlth appli¢able law and United Kingdom A¢¢ounting Standards (United Kingdom Generally A¢¢epted A¢¢ounting Practice). The 18W 8pplicable lo ch8rities in England & Wales requires Ihe Trustee5 to prepare fin8nci81 slalements lor each financial which give a true and lair view of the state of affairs ol the Charity and of its incoming resources and application of resources, including its income and expenditure, lor ihat period. In preparing these financial statements, ihe Trustees are required to.. select suitable accounting rK)licies and Ihen apply them consistently.. observe the methods and principles of ihe Charities SORP IFRS 1021., make judgments and accounting eslimales Ihal are reasonable and prudent.. state whether applicable UK Accounb'ng Standards IFRS 1021 have been followed, subject to any material departures disc105ed and explained in the financial statements., prepare the financial stslgmenls on the going concem basis unless il is inappropriale lo presume that the Charity will continue in business. Thè Trusleas are responsible lor keeping adequate accounb.ng records that aro sufficient lo show and èxplain the Chariws transactions anty disclose with reasonable accuracy 81 any lime the financial position of the Charlly and enable them lo ensure Ihal the financial slalements comply with the Charities Act 2011. the Charity (Accounts and R8POrtsl Règulations 2008 and the prowsions of th8 CIO Assoaalion. They ar8 also responsibl8 for safeguarding the assets of the Charity and hence lor taking reasonable steps for the prevention and detection of fraud and other irregulanties. Approved by order of the members ol the t*)ard ol Tnjsiees and signed on their behalf by.. R St8ph8nson (Chair ol Trusleesl Dale.. 17 Mar 202S Page 5 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB INDEPENDENT EK4MINER'S REPORT FOR THE YEAR ENDED 31 MAY 2024 Indep8nd8nt 8xamin•rfs report to Trustees of Rochlord Hundred Rugby Football Club {Ihe Charity'l I report to the charty Trustees my examination of the ac(x)unts of the Charty for the year ended 31 May 2024. Re5pon5ibilitie5 and basis of report As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 1.the 2011 Act'}. I report in respect of my examination of the Charitys accounts ¢arried out under section 145 of the 2011 Act and in carryng out my examination I have lollowed the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Indopondont oxamln•r'$ 8tat•m•nt Your attention is drawn lo the fact that the Chanty has prepared the accounts in accordance with Accounting and Reporting by Charits'es.. Staiement ol Recommended Practice ￿p￿ICable lo charities preparing their accounts in 8ccord8nce with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 in preference to the Accounting and Reportin9 by Charities.. Ststemenl ol Recommended Practice issued on 1 April 2005 which is relerrgd lo in the extsnl regulations bul has bggn withdrawn. l understand that this has been donè in order lor the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Praclice effective for ￿porting peri￿$ beginnln9 on or after 1 January 2015 I have completed my examination. I confirm ihal no matters have come to my attention in connection with the èxamination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the Charity a$ required by seth'on 130 of the 2011 Act; or the accounts do not accord with th¢)se records; or the accounts do not comply wth the applicable requirements concgming the form and conlgnl ol accounts set out in the Chariti6s (Accounts and RerK)rtsl Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matler considered as part ol an independent examination. I have no concerns and have come across no other matters in connection with the examination to which altenb'on should be drawn in this repori in order io enable a proper understanding ol ihe accounts to be reached. This report is made solely to Ihe Chartys Trustees, as a bcKly, in aC￿rdance with Part 4 of the Charities (Accounts and Reports) Regulaknons 2008. My work has been undertaken so that I might state to the Charitls Trustees those malters l am required to slate io them in an Independenl examinerfs report and for no other purpose. To the fullest extent permitted by law. I do not accept or assume respK)nsibility to anyone other than the Charity and the Chartys Trustees as a body. for my or for this report. Page 6 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB INDEPENDENT EXAMINER'S REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MAY 2024 Signed.. Dated.. 17 Mar 2025 Trevor Mccarthy FCCA V•ntham$ Chartered Accountants Millhouse 32 - 38 East Street Rochford Essex SS4 10B Page 7 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2024 Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Incomè from.. Donations and legacies Other trading activities 35.064 18,568 59,411 $3,632 59,411 497,321 55,222 Total Income 35.064 77,979 113,043 552,543 Exyndlturè an: Charitable a¢tivitifjs 30.574 110,583 141,157 113,381 Total exp¢ndlture 30.574 110,583 141,157 113,381 Not Incomtlltx￿ndIturn) Transfers between funds 4.490 11.943} 132,604} 1.943 128,1141 439, 162 14 N•t movornent In lunds 2.547 130,661> 128,1141 439, 162 R•conclllatlon of fund8: Total funds brought forward Nel movement in lunds 18.666 2.547 420,496 130,661} 439,162 128,1141 439, 162 Total funds carrl•d fon¥ard 21.213 389.835 411,048 439, 162 Page 8 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB BALANCE SHEET FOR THE YEAR ENDED 31 MAY 2024 2024 2023 Flxed assets Tangible assets Investments 464.333 100 466,473 100 10 464,433 466,5T3 Curront ass•t$ Debtors Cash al bank and in hand 131,620 19,8SS 117,344 54,874 151,475 172,218 Creditors.. amounts falling due wthin one year 12 {37.9111 (25,795J Not ¢urront as$ots 113,564 148,423 Total ass•t8 less curr•nt IlabSllt5es 577,997 612,996 Creditors.. amounts falling due after more than one year 13 1166,9491 (173,834) N•t assets oxcludlng pensSon asset 411,048 459. 162 Total not 488tts 411,048 439, 162 Charity funds Restricted funds Unrestricted funds 14 21.213 389.835 18,666 420,496 14 Total lund$ 411,048 439, 162 The fin8nci81 stslements We￿ approve(l and authorised lor issue by the Twslees and signed on their btrhalf by.. R Stephen50n (Chair of Trust$esl Date.. 17 Mar 2025 Page 9 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 General Infomiatlon Rochford Hundred Rugby Football Club is a registered charity in the United Kingdom. The registered number and the principal office can be found on the contents page. Accountlng pollel•s 2.1 Basi5 of preparation of financlal sLitements The financial stslements have been prepared in accordance with the Charities SORP IFRS 1021- AccoLJnting and Reporting by Charities-. Statement of Recommendèd Practice applicable to charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 and the Charities Act 2011. The fin8nci81 slalemenls have been prepared to give 8 'true and 18ir' view and h8ve departed from the Charilies (Accounts and Re￿rts) Regulabons 2008 only lo Ihe extent required lo provide a 'lru8 and fairf view. This departure has involved following the Charities SORP IFRS 1021 published in October 2019 father than the Accounling and Reporting by Charities.. S¢atemenl of R9￿Mmended Practice effectsve from 1 April 2005 which has since been withdrawn. Rochford Hundred Rugby Foolb811 Club meets the definition of a public benefit entity under FRS 102. Assets and liabililies are inilially re￿gnisell al historical cost or transaction v81u8 unless otherwise staled in the relevant accounting policy. 2.2 Incom8 All income is recognised once the Charity has entitlement lo the income, it is probable that the income will be received and Ihe amount of Income receivable can be measured reliably. Grants are included in the Stslement of financial aclivilies on a receivable basis. The balance of income rgcelvgd for specific purposes but not 8xp8nded during thg P8riod is shown in the rèlevant funds on the Balance sheel. Where income is received in advance of enlitlement of receipt, its recognition is deferred and induded in creditors as delerred income. Where entitlement occurs before income is received, the income is accrued. 2.3 Expenditurn Expenditure is r8cognis8d onc8 there is a 18gal or constructiv8 obligation to transf8r 8conomic benefit lo a Ihird parly, it is probable that a Iransler of economic benefits will be required in settlement and (he amount of the obligation can be measured reliably. Expenditure is classified by activity. The cosis of each aclivity are maije up of ihe total of direcl costs and shared costs, including sUPPOrt costs involved in undertaking eath activity. Direct C0515 attributable lo a single activity are 8llo¢ated directly to that activity. Sha￿d Costs which contribute to more than one activity and suprK)rt costs which are not attributable to a single activity are appDrtioned between thosa activities on a basis consislent wilh the use of resources. Central staff costs are allocated on the basis of bme spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on r*arilable acb"vilies is incurred on ¢JiTectly Ur￿ertakIng the activities which further the Chariws objectives, as well as any associated support ¢x>sts. l expenditu￿ is indusive of irrecoverable VAT. Page 10 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 Accountlng policl•s Icontinu•dl 2.4 Tangible flxed •$sets and depreciation Tangible fixed assets costin9 £NIL or more a￿ capitalised and recognised when future economic benefits are probable and the cost or value of Ihe asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognf(ion, under the cost model, tsngible fixed assets are measure(l al c05t les5 8ccumul8led depreciation and any accumulated impairmenl losses. Ml costs incurred lo bring 8 tsngible fixed asset Into Ils intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives. using the straight-line method. Depre¢i81ion is provi¢Jed on th8 following basis- Freehold propety Plant and machinery 1% straight line basis 20V• Straight line basis 2.5 Investments Fixed asset inveslmenls are a fom of financi81 instrument and are initially recognlsed at thelr transaction cost and subsequently measured al lair value 81 the Balance sheet dale, unless the value cannot be measured reliably in whith case il is measured al costlgss impairment. Invèstment gains and losses, whether realised or unrealised. are combined and presented as 'GainsllLossesl on investments, in the Staternenl of financial acbvits'es. Investments in subsidiaries are valued al ￿st less provision for impairment. 2.6 Debtors Trade and other debtors are recognised at ihe settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any irade discounts due. 2.7 Cash at bank and In hand Cash at bank and in hand includes cash and shcfft-lemi highly liquid investments with a short maturily of Ihree months or less from the date of acquisition or opening of the deposit or similar accounl. 2.8 Llabllltles and provl3lons Liabilities are re¢ognised when the￿ is an obligation at the Balance sheet dale as a ￿$VIt of 8 past 8V8nt, it is probable thal a transfer of economic ￿nefit will b8 r8quiied in sètU8m8nt, and tha amount of the settlement can be estimated reliabty. Liabilities are recognised al the amount Ihat the Charity anticipates il will pay to settle the debt or the amount it has received as advarKed Pa￿￿ents for the g(xyJ5 or services tt musl provide. Provisions are me3sur8d at the best estimat8 of the amounts required to sÈtUè th8 obligation. Whèra the effect of Ihe time value ol money is malerial, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate Ihat reflects the risks speafic to the liability. The unwinding of Ihe discount is recognised in ihe Slatemenl of financAal activities as a finance cost. Page11 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 Accountlng policl•s Icontinu•dl 2.9 Financl•l Instruments The Charity only has finanaal assels and finanaal liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exceptKJn of bank loans which are subsequently measured al amortised cost using the effective interest method. 2.10 Fund a¢¢ountSng General funds a￿ unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Reslricte We￿ reimbursed or paid directly lo 1 Trustee12023- 11. Page 16 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 Tanglbl• fixed assets Freehold Property Plant and rnachinery Total Cost or valuation At 1 June 2023 380.053 19.568 109,969 4,981 490,022 24,549 Additions Al 31 May 2024 399,621 114,950 514,571 D•pr•clatlon Al 1 June 2023 Charge for the year 3.801 3.996 19.748 22,693 23.549 26,689 At 31 May 2024 7.797 42,441 50.238 Net book value At 31 hAay 2024 391,824 72,509 464,333 Al 31 May 2023 376,252 90,221 466,473 Page 17 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 10. Flxed asset Invo$tm¢nts Investments in Subsidiary Companles Cost or valuation At 1 June 2023 100 At 31 May 2024 100 Net book value At 31 May 2024 100 Al 31 May 2023 loo Page 18 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 11. Debtors 2024 2023 Dut wlthln on• y•ar Trade debtors 4.958 108,497 8.290 9.875 Amounts owed by group undertakiThJs Other debtors Prepayments and accwed income 59,460 49,584 8,300 131,620 117,344 12. Credltors: Amounts falllng due wlthln one yoar 2024 2023 Bank loans 10,000 25,000 411 2.500 10,000 Other loans Trade Creditors Accruals and delerr8d income 13,295 2,500 37,911 25, T95 Other loans compromise an interest free loan of £2S.000 from a trusteè. 13. Credltors: Amounts falllng du¢ after more than on* year 2024 2023 Bank loans Other loans 10,833 1S6,116 20,834 753,000 166,949 173,834 Other loans consist of £150.000 from England Rugby. with interest accruing al 20/0 per annum. There is a 4 year repayment holiday. RepayTnents will ry)fflmence irh June 2026 for 8 years. Page 20 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 14. Ststement offunds Statement of funds - current year Balance at 1 June 2023 Transfers Balance at inlout 31 May 2024 Income Expenditure Unrestricted funds General Fund 420,496 77,979 1110.583) 1,943 389,835 ReStrIct￿ fund* Youth 16.241 30,318 127.809) 18,750 Solar Vixens Wellbeing projecl {1.9431 2,803 12.684) 181) 2,425 38 119 18,666 35,064 130.574) 11.9431 21,213 Total of funds 439,162 113,043 1141.157) 411,048 Page 21 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 14. Ststement of funds Icontlnu¢d} Statement offunds - prior year Transfers Balance al in/out 31 May 2023 Income Expenditure Unrestricted funds General Funds- all funds 49T.881 (79.821) 2,436 420.496 Transfers Balance al in/out 31 May 2023 Income Ex￿nditUre R•$trlcted lunds Floodlights Youth Pitch reparations CCTV Solar (1,600) 17.204 31.747 (26. 710) (3,OOOJ 76,241 2,870 10.330 2.986 2. 129 (2,870) (10,330) (1,262) 2,227 195 Tacklebag Vixens Wellbging projecl (7, 724) (2.0501 (T6) 2,306 119 54.662 (33,560) (2,436) 78,666 Totsl of fund$ 552,543 (Iq3,381J 439,162 15. Summary offvnds Summary of funds- current yaar Balance at 1 June 2023 Transfers Balance at inlout 31 May 2024 In¢ome Expenditure General funds Restricted funds 420,496 18.666 77,979 35,064 1110,583) 130.574) 1,943 {1.9431 389,835 21,213 439.162 113.043 1141.157) 411,048 Page 22 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 15. Summary of fund$ Icontlnued) Summary of funds- prior year Transfers Balance al in/out 31 May 2023 Income Expenditure General funds 497,881 54,662 (79,821) {33,560J 2,436 (2,436) 420.496 78,666 Restricted funds 552.543 {113,381J 439, 182 16. Analysls of net assets b8tW8•n funds Analysls of net assets b•tw•en funds- currnnt wrlod Rostrlcted Unr•8trl¢tèd fund$ funds 2024 2024 Total funds 2024 Tangible fixed assets Fixetl asset inveslmenls Currenl assets Creditors due within one year Creditors due in more than one fftr 464,333 100 130,262 137,9111 1166,9491 464,333 100 151,475 37,9111 {166,9491 21,213 Total 21,213 389,835 411,048 Analys1$ of not a88•ts b•lwwn fund$- prlor wrlod Restricled Unrestricted funds funds 2023 2023 Tolal funds 2023 Tangible fixed assets Fixed asset investrnents Current asse15 Creditors due within one year Creditors due in more than one year 466,473 100 753,552 (25, 795) (173,834) 466,473 100 172,278 (25, 795) (173,834) 18,666 Total 18.666 420,496 439, 162 Page 23 ROCHFORD HUNDRED RUGBY FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 17. Rèlatèd party transactlon$ Other than those disclosed in Ihe accounts. there have been no other related party transactions that require disclosure. Page 24