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|||||||Page||
|---|---|---|---|---|---|---|---|
|Report of|the|Trustees|||I|to|3|
|Independent||Examiner's
Report||||||
|Statement|of|Financial|ActlvNes|||||
|Statement|of|Flnanclal|PosNon||6|to|7|
|Notes tothe||Financial|Statements||8|to|13|
|Detailed|Statement of||Flnanclal|Actlvtlles|14|to|15|
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|||FO|R THE YEAR|ENDED 31STMAY|2023|||
|---|---|---|---|---|---|---|---|
|||||||31.5.23|31.5.22|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|E||E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations|and legacies|||9,425|113,261|122,686|13,500|
|Charitable|acNvtltes|||||||
|Bridgnorth|Rugby Club|||41,727||41,727|42,478|
|Other trading
activities|||2|91,900||91,900|13,676|
|Total||||143,052|113,261|256,313|69,654|
|EXPENDITURE ON||||||||
|Charitable|actlvthes|||||||
|Bridgnorth|Rugby Club|||83,116||83,116|52,506|
|NET INCOME||||59,936|113,261|173,197|17,148|
|RECONCILIATION
OF FUNDS||||||||
|Total funds|brought
forward|||405,824||405,824|388,676|
|TOTAL FUNDS CARRIED FORWARD||||465,760|113,261|579,021|405,824|
|||STATEMENT OF FI
N
I
L POSITION
~31STM~22|STATEMENT OF FI
N
I
L POSITION
~31STM~22|STATEMENT OF FI
N
I
L POSITION
~31STM~22|||
|---|---|---|---|---|---|---|
||||||31.5.23|31.5.22|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|8|||E|
|FIXED ASSETS|||||||
|Tangible assets|||836,457|113,261|949,718|181,898|
|Investments|||I||I|I|
||||836,458|113,261|949,719|181,899|
|CURRENT ASSETS|||||||
|Debtors||8|159,165||159,165|130,110|
|Cash at bank|||20,045||20,045|107,207|
||||179,210||179,210|237.317|
|CREDITORS|||||||
|Amounts
falling due within one year||9|(9,908)||(9,908)|(13,392)|
|NET CURRENT|ASSETS||I69,302||I69,302|223,925|
|TOTAL ASSETS LESS CURRENT LIABILITIES|||1.005,760|113,261|1,119,021|405,824|
|CREDITORS|||||||
|Amounts
falling due offe more than||one|||||
|year||10|(540,000)||(540,000)||
|NET ASSETS|||465,760|113,261|579,021|405,824|
|FUNDS||12|||||
|Unrestricted|funds||||465,760|405,824|
|Restricted
funds|||||113,261||
|TOTALFUNDS|||||579,021|405,824|
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|OTHER TRAD|ING ACTIVITIES|||
|---|---|---|---|
|||31.5.23|31.5.22|
|||E|E|
|Fundraising|events|67,099|8,108|
|Food sales||8,857|5,568|
|Sponsorships||I5,944||
|||91,900|13,676|
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|There were no
trustees'
expenses
paid
for the
31st May 2022.|There were no
trustees'
expenses
paid
for the
31st May 2022.|year ended|31st May 20|23 nor for the|year
ended|
|---|---|---|---|---|---|
|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL||ACTIVITIES||||
||||Unrestricted|Restricted|Total|
||||fund|fund|funds|
|||||E|E|
|INCOME AND ENDOWMENTS|FROM|||||
|Donations and legacies|||13,500||13,500|
|Charitable
actlvtlles||||||
|Bridgnorth
Rugby Club|||42,478||42,478|
|Other trading
activities|||13,676||13,676|
|Total|||69,654||69,654|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Bridgnorth
Rugby Club|||52,506||52,506|
|NET INCOME|||17,148||17,148|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought
forward|||388,676||388,676|
|TOTAL FUNDS CARRIED FORWARD|||405,824||405,824|
|6.|TANGIBLE FIXED ASSETS||||||
|---|---|---|---|---|---|---|
|||Freehold|Leasehold||||
|||property|improvements|Equipment||Totals|
||||B|B|||
||COST||||||
||At 1st June 2022|161,218|68,906|10,968||241,092|
||Additions|776,030||||776,030|
||At 31st May 2023|937,248|68,906|10,968||1,017,122|
||DEPRECIATION||||||
||At 1st June 2022|14,991|35,702|8,501||59,194|
||Charge tor year|807|6,891||512|8,210|
||At 31st May 2023|15,798|42,593|9,013||67,404|
||NET BOOK VALUE||||||
||At 31st May 2023|921,450|26,313|1,955||949,718|
||Al 31st May 2022|146,227|33,204|2,467||181,898|
||FIXED ASSET INVESTMENTS||||||
|||||||Shares i|
|||||||group|
|||||||undertaking|
|||||||B|
||COST LESS IMPAIRMENT||||||
||At 1st June 2022 and 31st May 2023||||||
||NET BOOK VALUE||||||
||At 31stMay 2023||||||
||At 31st May 2022||||||
|B.|DEBTORS:AMOUNTS|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|---|---|---|
||||||||31.5.23|31.5.22|
||Amounts
owed by group undertakings||||||65,318|45,048|
||VAT||||||91,760|2,020|
||Prepayments||||||2,087|83,042|
||||||||159,165|130,110|
|9.|CREDITORS:|AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
||||||||31.5.23|31.5.22|
|||||||||8|
||Trade creditors||||||3,808|2,337|
||Accrued expenses||||||6,100|I 1,055|
||||||||9,908|13,392|
|10.|CREDITORS:|AMOUNTS||FALLING DUE AFTER MORE THAN ONE YEAR|||||
||||||||31.5.23|31.5.22|
||Other loans|(see note||11)|||540,000||
|11.|LOANS||||||||
||An analysis|of the maturity|||of loans
is given below:||||
||||||||31.5.23|31.5.22|
||||||||E|E|
||Amounts
falling due||between|||two and five years:|||
||Other loans|—2-5years|||||135,000||
||Amounts
falling due||in|more than five years:|||||
||Repayable|by instalments:|||||||
||Other loans|more 5yrs||instal|||405,000||
##
|MOVEMEN|T|IN FUNDS||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.6.22|in funds|31.5.23|
||||E|E|E|
|Unrestricted||funds||||
|General|fund||405,824|59,936|465,760|
|Restricted||funds||||
|Restricted||funds||113,261|113,261|
|TOTALFUNDS|||405,824|173,197|579,021|
##
|Net movemen|t
in funds, incl|uded
in the above|are as follows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||E|E|E|
|UnresMcted
funds||||||
|General fund|||143,052|(83,116)|59,936|
|ResMcted funds||||||
|Restricted
funds|||113,261||113,261|
|TOTAL FUNDS|||256,313|(83, 1 I6)|173,197|
|Comparatlves|for movement|In funds||||
|||||Net||
|||||movement|At|
||||At 1.6.21|in funds|31.5.22|
|||||E|E|
|Unrestricted
funds||||||
|General fund|||388,676|17,148|405,824|
|TOTAL FUNDS|||388,676|17,148|405,824|
|Comparative|net movement|in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||E|E|E|
|Unrestricted|funds|||||
|General fund|||69,654|(52,506)|17,148|
|TOTAL FUNDS|||69,654|(52,506)|17,148|
##
||||DETAILED STATEMENT|F|I|L|ES|||
|---|---|---|---|---|---|---|---|---|---|
||||FOR THE YEAR ENDED||31|T MAY||||
|||||||||31.5.23|31.5.22|
|||||||||E||
|INCOME AND|ENDOWMENTS|||||||||
|Donations and|legacies|||||||||
|Clubhouse
donations||||||||113,261||
|Donations||||||||6,539|11,288|
|200 club||||||||2,886|2,212|
|||||||||122,686|13,500|
|Other trading|activities|||||||||
|Fundraising
events||||||||67,099|8,108|
|Food sales||||||||8,857|5,568|
|Sponsorships||||||||15,944||
|||||||||91,900|13,676|
|Charitable
actlvtfies||||||||||
|Player subscriptions||||||||36,696|40,406|
|Net surplus
from tours and junior|||teams|||||5,031|2,072|
|||||||||41,727|42,478|
|Total Incoming|resources|||||||256,313|69,654|
|EXPENDITURE||||||||||
|Charitable
activities||||||||||
|Rent, rates and insurance||||||||3,650|3,486|
|Light and heat|||||||||484|
|Postage and stationery||||||||389||
|Sundries||||||||1,184|528|
|Affiliation and|league fees|||||||1,096|840|
|Repairs and maintenance||||||||14,982|9,288|
|Non reclaimable
input||VAT||||||1,341|3,240|
|Coaching
physio and 1st aid||||||||13,287|11,208|
|Rugby balls, equipment||and kit||||||34,752|10,435|
|Travel costs||||||||727|708|
|Freehold property||||||||807|839|
|Improvements|to property|||||||6,891|6,866|
|Equipment||||||||512|503|
|||||||||79,618|48,425|
|Support costs||||||||||
|Finance||||||||||
|Bank charges||||||||898|838|
|Governance|costs|||||||||
|Accountancy||||||||1,000|1,000|
|Bookkeeping||||||||1,600|1,600|
|Professional|fees||||||||643|
||||||||||3,243|
|DETA|ED|STATEME|OF FINAN|OF FINAN|IAL ACTIVITIE|||
|---|---|---|---|---|---|---|---|
||FOR|THE Y|ENDED|ST|MAY 2 2|||
|||||||31.5.23|31.5.22|
|||||||83,116|52,506|
|||||||173,197|17,148|