**NEWFORGE TAGGERS** **Tag Rugby Football Club** **Charity No. 106333** **Accounts** **For the year ended 31 August 2024** ## **NEWFORGE TAGGERS** Tag Rugby Football Club ## **STATEMENT OF EXECUTIVE COMMITTEE’S RESPONSIBILITIES** The constitution requires the Executive Committee to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Club and of the surplus or deficit of the Club for that period. In preparing those financial statements, the Executive Committee is required to: - select suitable accounting policies and then apply them consistently - make judgements and estimates that are reasonable and prudent - prepare the accounts on the going concern basis, unless it is inappropriate to presume that the Club will continue in business. The Executive Committee is responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the Club. 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. ## **NEWFORGE TAGGERS** **Tag Rugby Football Club** ## **TREASURER’S REPORT** **For the year ended 31 August 2024** I have pleasure in setting out my report in respect of the accounts for Newforge Taggers Tag Rugby Football Club (“the Club”) for the year ended 31 August 2024. ## _**Surplus for the year**_ The Club recorded a surplus, before depreciation, of £ 1268 for the year ended 31 August 2024 (2023 – deficit of £4602) ## _**Income and expenditure**_ The mainstay of the Club’s income is annual membership fees, donations and fund raising. ## _**Balance sheet**_ Overall, the Club’s net assets at 31 August 2024 amounted to £17,605 (2023 – £16,337), which is made up of fixed assets and the Club’s bank account balances. Una Robinson Honorary Treasurer > 2 September 2024 ## **NEWFORGE TAGGERS** ## **Tag Rugby Football Club** ## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024** Unrestricted funds 2024 2023 **Receipts** £ £ £ Donations 8000 8000 686 Players Subscriptions 3180 3180 1590 Fundraising (Abba Social) 1310 1310 1341 Kit sales 161 161 0 Hotel Subs 5185 5185 0 **Total Receipts** 17836 17836 3617 **Payments** Training courses (IRFU, First Aid, makaton) 70 70 0 RUC AA (food for events) 2238 2238 338 Entertainment for social event (ABBA) 650 650 950 Kukri kit (kit/hats/VC hoodie) 1325 1325 2732 Insurance 668 668 621 How's it going? Day (Vital Nutrition) 976 976 0 Coach Hire 1300 1300 700 IRFU Spring & Summer League 933 933 350 Mencap 50 50 50 Festival Costs (Printing/water/medals/St Johns ambulance/music) 1015 1015 0 Gift/Velcro for shorts 325 325 0 Hotel payment for Barnhall tour (Glenroyal) 5443 5443 0 Refund to coaches for accommodation (funded by IRFU grant) 704 704 0 Xmas (Bowling & Pizza) 794 794 325 Bank fees 77 77 38 **Total payments** 16568 16568 6104 **(Deficit)/Surplus for year** 1268 1268 - 2487 ## **NEWFORGE TAGGERS** ## **Tag Rugby Football Club** **STATEMENT OF ASSETS AND LIABILITIES - AS AT 31 AUGUST 2024** Notes Unrestricted funds 2024 2023 £ £ £ **Fixed assets** Tangible assets 4 0 200 **Current assets** Bank and cash 5 17606 16337 **Creditors: amounts falling due within one year** Creditors 0 0 0 **Net current assets** 17606 16337 **Total assets** 17606 16537 Represented by: Members’ accumulated surplus 6 17606 16537 Approved by the Executive Committee on 19[th] November 2024 and signed on their behalf by: _____________________ Una Robinson Honorary Treasurer NEWFORGE TAGGERS ## **NEWFORGE TAGGERS** **Tag Rugby Football Club** ## **NOTES TO THE ACCOUNTS** ## **Statement of accounting policies** The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the Club’s financial statements. ## **Basis of preparation** These financial statements have been prepared under Accounting and Reporting by Charities: Statement of Recommended Practice FRS102 (Charities SORP FRS102). ## **Depreciation** Depreciation is calculated to write off the cost of fixed assets in annual instalments at the following rates: Equipment - 20% straight line on cost ## **NEWFORGE TAGGERS** ## **Tag Rugby Football Club** ## **NOTES TO THE ACCOUNTS (Cont.)** ## **2. General Account** 2024 2023 £ £ Donations 5262 686 Players Subscriptions 3060 1590 Fundraising (Abba Social) 1310 1341 Kit sales 60 0 Tour Receipts (made to general ac) 180 0 **Total receipts** 9872 3617 Training courses (IRFU, First Aid, makaton, vital nutrition) 1046 0 RUC AA (Food) 2238 338 Entertainment for social event (ABBA) 650 950 Kukri kit (kit/hats/VC hoodie, velcro) 57 2732 Insurance 668 621 End of season barbecue 0 350 Mencap 50 50 IRFU Spring/Summer League Reg 933 0 Coach Hire 0 700 Xmas (food/bowling) 794 325 Bank fees 42 38 **Total current payments** 6478 6104 **Total net current (payments)/receipts** 3394 -2487 **3. Four Nations Tour Account** 2024 2023 £ £ Kit sales 101 150 Donations 2738 0 Players Tour Subs 5005 4170 Subs 120 0 **Total receipts** 7964 4320 Bank fees 35 33 Refund to Coaches for accommodation 704 0 Akuma (Match kit) 1294 0 Coach for Tour 1300 1150 Hotel for tour 5438 5252 Expenses for Newforge Host Tour 11th May 2024 1015 0 Gift (for velcro sewers) 300 0 **Total payments** 10086 6435 **Total net receipts** -2122 -2115 **4. Fixed assets** Equipment Total £ £ Cost 1000 1000 Accumulated depreciation -1000 -1000 Net book value as at 31 August 2024 0 0 **5. Bank and cash** 2024 2023 £ £ General Account 15571 12179 Four Nations Tour Account 2035 4159 **6. Members' accumulated surplus** 2024 2023 £ £ Opening balance at 1 September 2023 16338 21140 Depreciation 0 -200 (Deficit)/Surplus for the year 1268 -4602 Closing balance at 31 August 2024 17606 16338