THE RICHMOND HEAVIES FOUNDATION CIC

Company limited by guarantee

Company Registration Number:
12454030 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

THE RICHMOND HEAVIES FOUNDATION CIC

Contents of the Financial Statements

for the Period Ended 30 June 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE RICHMOND HEAVIES FOUNDATION CIC

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 70,481 108,394
Cost of sales: ( 36,052 ) ( 68,489 )
Gross profit(or loss): 34,429 39,905
Administrative expenses: ( 10,642 ) ( 6,540 )
Operating profit(or loss): 23,787 33,365
Profit(or loss) before tax: 23,787 33,365
Tax: ( 5,350 ) 0
Profit(or loss) for the financial year: 18,437 33,365

THE RICHMOND HEAVIES FOUNDATION CIC

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets: 3 0 4,333
Total fixed assets: 0 4,333
Current assets
Cash at bank and in hand: 181,098 154,504
Total current assets: 181,098 154,504
Creditors: amounts falling due within one year: 4 ( 28,128 ) ( 24,304 )
Net current assets (liabilities): 152,970 130,200
Total assets less current liabilities: 152,970 134,533
Provision for liabilities: ( 48,600 ) ( 48,600 )
Total net assets (liabilities): 104,370 85,933
Members' funds
Profit and loss account: 104,370 85,933
Total members' funds: 104,370 85,933

The notes form part of these financial statements

THE RICHMOND HEAVIES FOUNDATION CIC

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 March 2024
and signed on behalf of the board by:

Name: Jim Kottler
Status: Director

The notes form part of these financial statements

THE RICHMOND HEAVIES FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE RICHMOND HEAVIES FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE RICHMOND HEAVIES FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 July 2022 13,659 13,659
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 30 June 2023 13,659 13,659
Amortisation
At 1 July 2022 9,326 9,326
Charge for year 4,333 4,333
On disposals 0 0
Other adjustments 0 0
At 30 June 2023 13,659 13,659
Net book value
At 30 June 2023 0 0
At 30 June 2022 4,333 4,333

THE RICHMOND HEAVIES FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 5,350 0
Other creditors 22,778 24,304
Total 28,128 24,304

COMMUNITY INTEREST ANNUAL REPORT

THE RICHMOND HEAVIES FOUNDATION CIC

Company Number: 12454030 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

In the period under review, The Richmond Heavies Foundation has continued to pursue our mission to Protect and Support the community which we serve, being the members, players and families associated with Richmond Rugby Club. To that end we have provided financial support to families who have been affected by the deaths of loved ones, paid for a mental health helpline and app, supported bursaries for children to play rugby at Richmond, and arranged for cardiac screening.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 March 2024

And signed on behalf of the board by:
Name: James Kottler
Status: Director