IRIS Accounts Production v23.3.0.418 Other Company accounts True false Pounds 1.5.22 30.4.23 30.4.23 FY D d'A Thompson I Salkeld W W Barrack M Garrett M Corbett M J Cowling FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP true true true true false true true false true true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh119527682022-04-30119527682023-04-30119527682022-05-012023-04-30119527682021-04-30119527682021-05-012022-04-30119527682022-04-3011952768ns11:Originalns0:CharitableCompanyLimitedByGuarantee2022-05-012023-04-3011952768ns11:Original2022-05-012023-04-3011952768ns15:PoundSterlingns11:Original2022-05-012023-04-3011952768ns11:Original2022-04-3011952768ns11:Original2023-04-3011952768ns11:Originalns0:Trustee42022-05-012023-04-3011952768ns11:Originalns0:Trustee52022-05-012023-04-3011952768ns11:Originalns0:Trustee62022-05-012023-04-3011952768ns11:Originalns0:Trustee22022-05-012023-04-3011952768ns11:Originalns0:Trustee32022-05-012023-04-3011952768ns11:Originalns0:Trustee12022-05-012023-04-3011952768ns11:Originalns11:FRS1022022-05-012023-04-3011952768ns11:IndependentExaminationCharityns11:Original2022-05-012023-04-3011952768ns11:Originalns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-05-012023-04-3011952768ns11:Originalns11:FullAccounts2022-05-012023-04-3011952768ns11:Originalns11:CharitiesSORP2022-05-012023-04-3011952768ns11:Original2021-05-012022-04-3011952768ns11:Originalns16:EnglandWales2022-05-012023-04-3011952768ns11:Originalns11:RegisteredOffice2022-05-012023-04-3011952768ns11:Original2021-04-3011952768ns11:Original2022-04-3011952768ns11:Originalns10:WithinOneYear2023-04-3011952768ns11:Originalns10:WithinOneYear2022-04-3011952768ns11:Original22022-05-012023-04-3011952768ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2022-05-012023-04-3011952768ns11:Originalns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2022-05-012023-04-3011952768ns10:PlantMachineryns11:Original2022-05-012023-04-3011952768ns11:Originalns10:FurnitureFittings2022-05-012023-04-3011952768ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2023-04-3011952768ns11:Originalns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2023-04-3011952768ns10:PlantMachineryns11:Original2023-04-3011952768ns11:Originalns10:FurnitureFittings2023-04-3011952768ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2022-04-3011952768ns11:Originalns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2022-04-3011952768ns10:PlantMachineryns11:Original2022-04-3011952768ns11:Originalns10:FurnitureFittings2022-04-3011952768ns10:CostValuationns11:Original2022-04-30
REGISTERED COMPANY NUMBER: 11952768 (England and Wales)
REGISTERED CHARITY NUMBER: 1195769














Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 April 2023

for

Harrogate RUFC Limited
(A Company Limited by Guarantee)

Harrogate RUFC Limited






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

CHAIR'S REPORT 1

Report of the Trustees 2

Statement of Trustees' Responsibilities 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Balance Sheet 6 to 7

Notes to the Financial Statements 8 to 12

Harrogate RUFC Limited

CHAIR'S REPORT
for the Year Ended 30 April 2023

These accounts report on events from our first full year of activities since becoming a registered charity.
It is important I advise you that since the Society was converted to the Trading company on 4th November 2021, we have received confirmation from our solicitors that the 999 years lease was officially registered with the Land Registry on 21st September 2022 in the name of the Trading company. The Trustees consequentially instructed the solicitors to transfer the 999-year lease from the Trading subsidiary company to the Charity. This was completed on 27th October 2022. Instructions were then given acquire the Freehold from Crest. I am pleased to inform you this was successfully negotiated and completed on 13th June 2023.

This is a huge milestone in the development of the club since the sale of the Claro Road ground. Combined with the charitable status achieved in 2021 our ability to pursue the core mission of delivering rugby to the community is protected in perpetuity for generations to come.

With these strong foundations in place the Directors can focus on the sustainable growth and development of the club. These accounts demonstrate the first step on this journey from which investment in the grounds and facilities can come.

Mark Garrett
Chair

Harrogate RUFC Limited (Registered number: 11952768)

Report of the Trustees
for the Year Ended 30 April 2023


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2023. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The promotion of community participation in healthy recreation for the public benefit in Harrogate and surrounding area through the provision of facilities to enable participation in the sport of amateur rugby union football.

Significant activities
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 to advance the education of children and young people.

Public benefit
The trustees are satisfied that the charity continues to meet the required public benefit test through its objectives and activities, and confirm they have referred to the Charity Commissioner's general guidance on public benefit .

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
11952768 (England and Wales)

Registered Charity number
1195769

Registered office
Rudding Lane
Harrogate
North Yorkshire
HG3 1DQ

Trustees
M.Garrett
M.Corbett
M. Cowling (appointed 19th July 2023)
D Thompson (resigned 19th July 2023)


Approved by order of the board of trustees on 25 October 2023 and signed on its behalf by:





M Garrett - Trustee

Harrogate RUFC Limited

Statement of Trustees' Responsibilities
for the Year Ended 30 April 2023

The trustees (who are also the directors of Harrogate RUFC Limited for the purposes of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website.

Independent Examiner's Report to the Trustees of
Harrogate RUFC Limited

Independent examiner's report to the trustees of Harrogate RUFC Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2023.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
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:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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 accounts to be reached.








Mrs G. Towse QBATT
The Association of Accounting Technicians



25 October 2023

Harrogate RUFC Limited

Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 30 April 2023

30.4.23 30.4.22
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 47,040 10,714

Charitable activities
Fundraising 32,207 3,550

Other income 55,527 -
Total 134,774 14,264

EXPENDITURE ON
Charitable activities
Cost of rugby 97,659 17,828
Overheads 24,484 -
Total 122,143 17,828

NET INCOME/(EXPENDITURE) 12,631 (3,564 )
Other recognised gains/(losses)
Gains on revaluation of fixed assets 1,000,000 -
Net movement in funds 1,012,631 (3,564 )

RECONCILIATION OF FUNDS
Total funds brought forward 1,456 5,020

TOTAL FUNDS CARRIED FORWARD 1,014,087 1,456

Harrogate RUFC Limited (Registered number: 11952768)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Unrestricted Total
fund funds
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,016,217 -
Investments 6 20 20
1,016,237 20

CURRENT ASSETS
Stocks 7 8,019 -
Debtors 8 1,115 -
Cash at bank 32,165 1,436
41,299 1,436

CREDITORS
Amounts falling due within one year 9 (43,449 ) -

NET CURRENT ASSETS (2,150 ) 1,436

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,014,087

1,456

NET ASSETS 1,014,087 1,456
FUNDS 10
Unrestricted funds 1,014,087 1,456
TOTAL FUNDS 1,014,087 1,456

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


Harrogate RUFC Limited (Registered number: 11952768)

Balance Sheet - continued
30 April 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 25 October 2023 and were signed on its behalf by:





M J Cowling - Trustee





M Garrett - Trustee





M Corbett - Trustee

Harrogate RUFC Limited

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Harrogate RUFC Limited as an individual company and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
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. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Related party exemption
The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
The company limited by guarantee which is a charity is exempt from corporation tax on its charitable activities.
The charity has a trading subsidiary with a relevant note that in August 1995, in common with other Clubs in the National Leagues, the Club furnished HMRC with three reports covering employees, players and general matters in the two years ended 30th April 1994 and established its taxation status. It was agreed with HMRC that the Club calculates any charge to corporation tax on its non-mutual income only.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Harrogate RUFC Limited

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

2. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.4.23 30.4.22
£    £   
Other operating leases 5,196 -

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2023 nor for the year ended 30 April 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2023 nor for the year ended 30 April 2022.


4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 10,714

Charitable activities
Fundraising 3,550
Total 14,264

EXPENDITURE ON
Charitable activities
Cost of rugby 17,828

NET INCOME/(EXPENDITURE) (3,564 )


RECONCILIATION OF FUNDS
Total funds brought forward 5,020

TOTAL FUNDS CARRIED FORWARD 1,456


Harrogate RUFC Limited

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to Plant and and
property property machinery fittings Totals
£    £    £    £    £   
COST
Additions 1,000,000 11,933 3,934 350 1,016,217
NET BOOK VALUE
At 30 April 2023 1,000,000 11,933 3,934 350 1,016,217
At 30 April 2022 - - - - -

The Charity acquired the freehold on 13th June 2023.

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
MARKET VALUE
At 1 May 2022 and 30 April 2023 20
NET BOOK VALUE
At 30 April 2023 20
At 30 April 2022 20

There were no investment assets outside the UK.

7. STOCKS
30.4.23 30.4.22
£    £   
Kit stock 8,019 -

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 1,115 -


Harrogate RUFC Limited

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors 20,888 -
Other creditors 21,819 -
VAT 742 -
43,449 -

10. MOVEMENT IN FUNDS
Net
movement At
At 1.5.22 in funds 30.4.23
£    £    £   
Unrestricted funds
General fund 1,456 1,012,631 1,014,087

TOTAL FUNDS 1,456 1,012,631 1,014,087

Net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 134,774 (122,143 ) 1,000,000 1,012,631

TOTAL FUNDS 134,774 (122,143 ) 1,000,000 1,012,631


Comparatives for movement in funds

Net
movement At
At 1.5.21 in funds 30.4.22
£    £    £   
Unrestricted funds
General fund 5,020 (3,564 ) 1,456

TOTAL FUNDS 5,020 (3,564 ) 1,456

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 14,264 (17,828 ) (3,564 )

TOTAL FUNDS 14,264 (17,828 ) (3,564 )

Harrogate RUFC Limited

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

10. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.5.21 in funds 30.4.23
£    £    £   
Unrestricted funds
General fund 5,020 1,009,067 1,014,087

TOTAL FUNDS 5,020 1,009,067 1,014,087

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 149,038 (139,971 ) 1,000,000 1,009,067

TOTAL FUNDS 149,038 (139,971 ) 1,000,000 1,009,067

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2023.