IRIS Accounts Production v24.1.0.578 Other Company accounts True false Pounds 1.5.23 30.4.24 30.4.24 FY D d'A Thompson M Garrett M Corbett M J Cowling FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false false true true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh119527682023-04-30119527682024-04-30119527682023-05-012024-04-30119527682022-04-30119527682022-05-012023-04-30119527682023-04-3011952768ns0:CharitableCompanyLimitedByGuarantee2023-05-012024-04-3011952768ns15:PoundSterling2023-05-012024-04-3011952768ns0:Trustee42023-05-012024-04-3011952768ns0:Trustee22023-05-012024-04-3011952768ns0:Trustee32023-05-012024-04-3011952768ns0:Trustee12023-05-012024-04-3011952768ns11:FRS1022023-05-012024-04-3011952768ns11:IndependentExaminationCharity2023-05-012024-04-3011952768ns11:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011952768ns11:FullAccounts2023-05-012024-04-3011952768ns11:CharitiesSORP2023-05-012024-04-3011952768ns16:EnglandWales2023-05-012024-04-3011952768ns11:RegisteredOffice2023-05-012024-04-3011952768ns10:WithinOneYear2024-04-3011952768ns10:WithinOneYear2023-04-3011952768ns10:AfterOneYear2024-04-3011952768ns10:AfterOneYear2023-04-301195276822023-05-012024-04-3011952768ns10:OwnedAssets2023-05-012024-04-3011952768ns10:OwnedAssets2022-05-012023-04-3011952768ns10:LandBuildingsns10:OwnedOrFreeholdAssets2023-04-3011952768ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2023-04-3011952768ns10:PlantMachinery2023-04-3011952768ns10:FurnitureFittings2023-04-3011952768ns10:LandBuildingsns10:OwnedOrFreeholdAssets2023-05-012024-04-3011952768ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2023-05-012024-04-3011952768ns10:PlantMachinery2023-05-012024-04-3011952768ns10:FurnitureFittings2023-05-012024-04-3011952768ns10:LandBuildingsns10:OwnedOrFreeholdAssets2024-04-3011952768ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2024-04-3011952768ns10:PlantMachinery2024-04-3011952768ns10:FurnitureFittings2024-04-3011952768ns10:LandBuildingsns10:OwnedOrFreeholdAssets2023-04-3011952768ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2023-04-3011952768ns10:PlantMachinery2023-04-3011952768ns10:FurnitureFittings2023-04-3011952768ns10:CostValuation2023-04-30
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 2024

for

Harrogate RUFC Limited
(A Company Limited by Guarantee)

Harrogate RUFC Limited






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

CHAIR'S REPORT 1

Report of the Trustees 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5 to 6

Notes to the Financial Statements 7 to 12

Harrogate RUFC Limited

CHAIR'S REPORT
for the Year Ended 30 April 2024

There is no doubt that this year represented the most challenging for Harrogate Rugby Club since moving to the Rudding Lane location. While the rainfall experienced throughout the majority of the season was unprecedented, there is no doubt our facilities are significantly less capable of dealing with it than comparable clubs of our size. And it is clear that what we call unprecedented now could well become normal going forward as the potential impact of climate change starts to show itself.
With such a large proportion of commercial income lost due to cancellations of rugby by all sections of the club it is only through the generosity of a few key members and the hard work of the commercial team that the club was able to retain a small net positive income for the year. However given the capital costs associated with maintaining (since improving currently remains financially out of reach) the playing surfaces which the club must now budget for at. A £20,000 annual net income is required as a break-even position.
Our mission of Rugby for All is not deliverable if we cannot provide pitches to play on. The investment in driving commercial income and the support of loyal members has provided a good start on our primary pitch. We need to now make the collective effort to build on this before this investment is required again.
Mark Garrett
Chairman

Harrogate RUFC Limited (Registered number: 11952768)

Report of the Trustees
for the Year Ended 30 April 2024


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 2024. 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 21 October 2024 and signed on its behalf by:





M Garrett - Trustee

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 2024.

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.








D d'Arcy Thompson FCA
The Institute of Chartered Accountants in England and Wales



22 October 2024

Harrogate RUFC Limited

Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 30 April 2024

30.4.24 30.4.23
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 85,460 47,040

Charitable activities
Fundraising 11,091 32,207

Other income 50,061 55,527
Total 146,612 134,774

EXPENDITURE ON
Charitable activities
Cost of rugby 112,641 97,659
Overheads 27,847 24,484
Total 140,488 122,143

NET INCOME 6,124 12,631
Other recognised gains/(losses)
Gains on revaluation of fixed assets - 1,000,000
Net movement in funds 6,124 1,012,631

RECONCILIATION OF FUNDS
Total funds brought forward 1,014,087 1,456

TOTAL FUNDS CARRIED FORWARD 1,020,211 1,014,087

Harrogate RUFC Limited (Registered number: 11952768)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Unrestricted Total
fund funds
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,036,128 1,016,217
Investments 6 20 20
1,036,148 1,016,237

CURRENT ASSETS
Stocks 7 5,608 8,019
Debtors 8 16,575 1,115
Cash at bank 15,237 32,165
37,420 41,299

CREDITORS
Amounts falling due within one year 9 (33,257 ) (43,449 )

NET CURRENT ASSETS 4,163 (2,150 )

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,040,311

1,014,087

CREDITORS
Amounts falling due after more than one year 10 (20,100 ) -

NET ASSETS 1,020,211 1,014,087
FUNDS 12
Unrestricted funds 1,020,211 1,014,087
TOTAL FUNDS 1,020,211 1,014,087

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 2024

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 21 October 2024 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 2024

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
The interest element of these obligations is charged to the Statement of Financial Activities over the relevant period. The capital element of the future payments is treated as a liability.

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 2024

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. NET INCOME/(EXPENDITURE)

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

30.4.24 30.4.23
£    £   
Depreciation - owned assets 1,849 -
Other operating leases 1,680 5,196
Surplus on disposal of fixed assets (1,760 ) -

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2024 nor for the year ended 30 April 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2024 nor for the year ended 30 April 2023.


4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 47,040

Charitable activities
Fundraising 32,207

Other income 55,527
Total 134,774

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

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

RECONCILIATION OF FUNDS
Total funds brought forward 1,456

Harrogate RUFC Limited

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£   

TOTAL FUNDS CARRIED FORWARD 1,014,087

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to Plant and and
property property machinery fittings Totals
£    £    £    £    £   
COST
At 1 May 2023 1,000,000 11,933 3,934 350 1,016,217
Additions - - 24,000 - 24,000
Disposals - - (2,240 ) - (2,240 )
At 30 April 2024 1,000,000 11,933 25,694 350 1,037,977
DEPRECIATION
Charge for year - 1,326 435 88 1,849
NET BOOK VALUE
At 30 April 2024 1,000,000 10,607 25,259 262 1,036,128
At 30 April 2023 1,000,000 11,933 3,934 350 1,016,217

The Charity acquired the freehold on 13th June 2023.

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
MARKET VALUE
At 1 May 2023 and 30 April 2024 20
NET BOOK VALUE
At 30 April 2024 20
At 30 April 2023 20

There were no investment assets outside the UK.


Harrogate RUFC Limited

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. STOCKS
30.4.24 30.4.23
£    £   
Kit stock 5,608 8,019

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 1,165 1,115
Other debtors 8,817 -
VAT 6,593 -
16,575 1,115

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 18,134 20,888
Other creditors 3,860 21,819
VAT - 742
Accrued expenses 11,263 -
33,257 43,449

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase (see note 11) 20,100 -

11. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.4.24 30.4.23
£    £   
Net obligations repayable:
In more than five years 20,100 -

12. MOVEMENT IN FUNDS
Net
movement At
At 1.5.23 in funds 30.4.24
£    £    £   
Unrestricted funds
General fund 1,014,087 6,124 1,020,211

TOTAL FUNDS 1,014,087 6,124 1,020,211

Harrogate RUFC Limited

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

12. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 146,612 (140,488 ) 6,124

TOTAL FUNDS 146,612 (140,488 ) 6,124


Comparatives for 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

Comparative 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

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

Net
movement At
At 1.5.22 in funds 30.4.24
£    £    £   
Unrestricted funds
General fund 1,456 1,018,755 1,020,211

TOTAL FUNDS 1,456 1,018,755 1,020,211

Harrogate RUFC Limited

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

12. MOVEMENT IN FUNDS - continued

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 281,386 (262,631 ) 1,000,000 1,018,755

TOTAL FUNDS 281,386 (262,631 ) 1,000,000 1,018,755

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2024.