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 2025

for

Harrogate RUFC Limited

(A Company Limited by Guarantee)

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

The mission of Harrogate Rugby Club remains "Rugby for all" and, as a community club, this is the core purpose of the Club. Its delivery remains challenging for several reasons. However, through close management of costs and the hard work of the volunteers, 2025 has seen us all move forward, and with it, a greater unity is building across the club.

From a financial perspective, the combined efforts of Junior membership, senior men's rugby sponsorship, match day income, off-season club and clubhouse income, and the junior festival still provide the key pillars of our revenue. All I am pleased to say have grown year on year, again through the hard work of our volunteers and small team of employees.

It is particularly encouraging to see growth in the key entry point age groups of U6/7s and U12s through the partnerships with local schools and pre-school rugby programs like Didy Rugby. The experience these players are seeing on Sundays is so positive because of the coaching being delivered and the environment of the club. Overall participation is falling across all ages and genders of rugby, therefore to see this part of the club growing is evidence we are delivering something other clubs are not.

We are also encouraged by the continued participation of older age juniors, men and women with growing numbers across all sections. However, the key challenge remains the retention of junior players beyond U16S as they start their journey through A-Levels and into Higher Education.

The median age of Harrogate as a town is now 47 years old, up from 43 years old since 2011. The population of people older than 50 has grown by almost 20% and those under 50 have declined by 30%. This ageing population, with both a lack of young players and young families, presents a fundamental challenge for the club, which needs those people to be its members.

Therefore, our strategy of building a more diverse commercial income base, which is not solely reliant on rugby, becomes more critical than ever before.

The Trustees will present to the members some inspiring plans for the club which align with the strategy mentioned above. As a purely rugby club, it will become increasingly challenging to survive, but as a community resource with rugby at its core, I believe we have an opportunity to thrive.

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 2025. 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

Approved by order of the board of trustees on 22 October 2025 and signed on its behalf by:

M Garrett - Trustee

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 2025.

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 2025

30.4.25

30.4.24

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

114,034

85,460

Charitable activities

Fundraising

33,310

11,091

Other income

49,177

50,061

Total

196,521

146,612

EXPENDITURE ON

Charitable activities

Cost of rugby

122,168

112,641

Overheads

61,967

27,847

Total

184,135

140,488

NET INCOME

12,386

6,124

RECONCILIATION OF FUNDS

Total funds brought forward

1,020,211

1,014,087

TOTAL FUNDS CARRIED FORWARD

1,032,597

1,020,211

30.4.25

30.4.24

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

5

1,087,226

1,036,128

Investments

6

20

20

1,087,246

1,036,148

CURRENT ASSETS

Stocks

7

3,543

5,608

Debtors

8

3,910

16,575

Cash at bank

4,313

15,237

11,766

37,420

CREDITORS

Amounts falling due within one year

9

(54,315

)

(33,257

)

NET CURRENT ASSETS

(42,549

)

4,163

TOTAL ASSETS LESS CURRENT LIABILITIES

1,044,697

1,040,311

CREDITORS

Amounts falling due after more than one year

10

(12,100

)

(20,100

)

NET ASSETS

1,032,597

1,020,211

FUNDS

12

Unrestricted funds

1,032,597

1,020,211

TOTAL FUNDS

1,032,597

1,020,211

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

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 22 October 2025 and were signed on its behalf by:

M J Cowling - Trustee

M Garrett - Trustee

M Corbett - Trustee

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.

2.	NET INCOME/(EXPENDITURE)

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

30.4.25

30.4.24

£

£

Depreciation - owned assets

13,715

1,849

Other operating leases

1,800

1,680

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 2025 nor for the year ended 30 April 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2025 nor for the year ended 30 April 2024.

4.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

85,460

Charitable activities

Fundraising

11,091

Other income

50,061

Total

146,612

EXPENDITURE ON

Charitable activities

Cost of rugby

112,641

Overheads

27,847

Total

140,488

NET INCOME

6,124

RECONCILIATION OF FUNDS

Total funds brought forward

1,014,087

TOTAL FUNDS CARRIED FORWARD

1,020,211

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

Plant and

and

property

property

machinery

fittings

Totals

£

£

£

£

£

COST

At 1 May 2024

1,000,000

11,933

25,694

350

1,037,977

Additions

-

64,813

-

-

64,813

At 30 April 2025

1,000,000

76,746

25,694

350

1,102,790

DEPRECIATION

At 1 May 2024

-

1,326

435

88

1,849

Charge for year

-

7,313

6,315

87

13,715

At 30 April 2025

-

8,639

6,750

175

15,564

NET BOOK VALUE

At 30 April 2025

1,000,000

68,107

18,944

175

1,087,226

At 30 April 2024

1,000,000

10,607

25,259

262

1,036,128

The Charity acquired the freehold on 13th June 2023.

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

MARKET VALUE

At 1 May 2024 and 30 April 2025

20

NET BOOK VALUE

At 30 April 2025

20

At 30 April 2024

20

There were no investment assets outside the UK.

7.

STOCKS

30.4.25

30.4.24

£

£

Kit stock

3,543

5,608

8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

2,500

1,165

Other debtors

-

8,817

VAT

315

6,593

Prepayments and accrued income

1,095

-

3,910

16,575

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase (see note 11)

4,000

-

Trade creditors

7,482

18,134

Other creditors

25,607

3,860

Accrued expenses

17,226

11,263

54,315

33,257

10.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase (see note 11)

12,100

20,100

11.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.4.25

30.4.24

£

£

Net obligations repayable:

Within one year

4,000

-

Between one and five years

12,100

-

In more than five years

-

20,100

16,100

20,100

12.	MOVEMENT IN FUNDS

Net

movement

At

At 1.5.24

in funds

30.4.25

£

£

£

Unrestricted funds

General fund

1,020,211

12,386

1,032,597

TOTAL FUNDS

1,020,211

12,386

1,032,597

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

196,521

(184,135

)

12,386

TOTAL FUNDS

196,521

(184,135

)

12,386

Comparatives for 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

Comparative 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

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

Net

movement

At

At 1.5.23

in funds

30.4.25

£

£

£

Unrestricted funds

General fund

1,014,087

18,510

1,032,597

TOTAL FUNDS

1,014,087

18,510

1,032,597

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

343,133

(324,623

)

18,510

TOTAL FUNDS

343,133

(324,623

)

18,510

13.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2025.