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 2026

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

13

Principal activity

The principal activity of the company is the operation of Harrogate Rugby Union Football Club at Rudding Lane, Harrogate, providing rugby and associated sporting and social facilities for players, members and the wider community.

Review of the year

The company recorded a net profit of £1,672,247 for the year (2025: £15,396). This result reflects donations and grants received of £1,713,545 (2025: £116,684), the majority of which relates to exceptional funding secured during the year. The directors do not expect funding of this scale to recur.

Excluding this exceptional funding and the related deposit interest of £27,000, the company's underlying trading result was broadly break-even, and remains dependent on regular donations from members and supporters. Costs of maintaining the grounds and clubhouse increased during the year.

At 30 April 2026 net assets were £2,677,721 (2025: £1,024,076), including £1,600,000 held on deposit.

Reserves

The directors intend to retain a protected reserve of approximately £400,000, broadly equivalent to one year's running costs, which will not be used to fund capital development.

Future developments

The directors are pursuing planning permission for a clubhouse extension, covered padel courts and an all-weather 3G pitch, with the aim of generating new and more diverse sources of income. Planning costs for the 3G pitch are being met by the Football Association as part of a grant application. At the date of this statement no commitment has been made to capital expenditure beyond the planning stage. Each project will proceed only once planning is granted, costs are confirmed and a business case demonstrates that it will at least break even.

Principal risks

The principal risks facing the company are the effect of weather on the use of its grass pitches and the associated loss of income, rising maintenance and operating costs, and reliance on donations to support day-to-day operations. The development plan is intended to reduce these risks over time.

M. Garrett

21/10/2026

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 2026. 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 .

Donations

Income was exceptionally high this year due to one off donations of £1.6M which has been fully allocated to the charity's capital expansion plans. The Trustees know income will return to historical baseline in the next financial year..

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

HG3 1DQ

Trustees

M Garrett Director

M Corbett

M J Cowling

Approved by order of the board of trustees on 21 October 2026 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 2026.

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').

The Charity Commission granted audit dispensation under Regulation 34(3)(b) of the Charities (Accounts and Reports) Regulations 2008. This dispensation is for the financial year ended 30/04/2026 only and allows an independent examination in place of an audit for this year. The examination has taken place instead of an audit (Regulation 31(f)). 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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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

21 October 2026

30.4.26

30.4.25

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

111,552

1,600,000

1,711,552

114,034

Charitable activities

Fundraising

57,781

-

57,781

33,310

Investment income

2

27,000

-

27,000

-

Other income

50,125

-

50,125

49,177

Total

246,458

1,600,000

1,846,458

196,521

EXPENDITURE ON

Charitable activities

Cost of rugby

95,929

-

95,929

122,168

Overheads

104,762

-

104,762

61,967

Total

200,691

-

200,691

184,135

NET INCOME

45,767

1,600,000

1,645,767

12,386

RECONCILIATION OF FUNDS

Total funds brought forward

1,032,597

-

1,032,597

1,020,211

TOTAL FUNDS CARRIED FORWARD

1,078,364

1,600,000

2,678,364

1,032,597

30.4.26

30.4.25

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

7

1,119,772

-

1,119,772

1,087,226

Investments

8

20

-

20

20

1,119,792

-

1,119,792

1,087,246

CURRENT ASSETS

Stocks

9

2,755

-

2,755

3,543

Debtors

10

31,840

-

31,840

3,910

Cash at bank

2,081

1,600,000

1,602,081

4,313

36,676

1,600,000

1,636,676

11,766

CREDITORS

Amounts falling due within one year

11

(70,004

)

-

(70,004

)

(54,315

)

NET CURRENT ASSETS

(33,328

)

1,600,000

1,566,672

(42,549

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,086,464

1,600,000

2,686,464

1,044,697

CREDITORS

Amounts falling due after more than one year

12

(8,100

)

-

(8,100

)

(12,100

)

NET ASSETS

1,078,364

1,600,000

2,678,364

1,032,597

FUNDS

14

Unrestricted funds

1,078,364

1,032,597

Restricted funds

1,600,000

-

TOTAL FUNDS

2,678,364

1,032,597

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 21 October 2026 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.	INVESTMENT INCOME

30.4.26

30.4.25

£

£

Deposit account interest

27,000

-

3.	NET INCOME/(EXPENDITURE)

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

30.4.26

30.4.25

£

£

Depreciation - owned assets

19,698

13,715

Other operating leases

1,800

2,950

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2026 nor for the year ended 30 April 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2026 nor for the year ended 30 April 2025.

5.	STAFF COSTS

The average monthly number of employees during the year was as follows:

30.4.26

30.4.25

Community Development

1

-

Administration

1

-

2

-

No employees received emoluments in excess of £60,000.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

114,034

Charitable activities

Fundraising

33,310

Other income

49,177

Total

196,521

EXPENDITURE ON

Charitable activities

Cost of rugby

122,168

Overheads

61,967

Total

184,135

NET INCOME

12,386

RECONCILIATION OF FUNDS

Total funds brought forward

1,020,211

TOTAL FUNDS CARRIED FORWARD

1,032,597

7.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

Plant and

and

property

property

machinery

fittings

Totals

£

£

£

£

£

COST

At 1 May 2025

1,000,000

76,746

25,694

350

1,102,790

Additions

-

37,283

14,961

-

52,244

At 30 April 2026

1,000,000

114,029

40,655

350

1,155,034

DEPRECIATION

At 1 May 2025

-

8,639

6,750

175

15,564

Charge for year

-

13,618

5,905

175

19,698

At 30 April 2026

-

22,257

12,655

350

35,262

NET BOOK VALUE

At 30 April 2026

1,000,000

91,772

28,000

-

1,119,772

At 30 April 2025

1,000,000

68,107

18,944

175

1,087,226

The Charity acquired the freehold on 13th June 2023.

8.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

MARKET VALUE

At 1 May 2025 and 30 April 2026

20

NET BOOK VALUE

At 30 April 2026

20

At 30 April 2025

20

There were no investment assets outside the UK.

9.

STOCKS

30.4.26

30.4.25

£

£

Kit stock

2,755

3,543

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

4,840

2,500

VAT

-

315

Prepayments and accrued income

27,000

1,095

31,840

3,910

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Hire purchase (see note 13)

4,000

4,000

Trade creditors

62,538

7,482

Other creditors

2,374

25,607

VAT

1,092

-

Accrued expenses

-

17,226

70,004

54,315

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

30.4.26

30.4.25

£

£

Hire purchase (see note 13)

8,100

12,100

13.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.4.26

30.4.25

£

£

Net obligations repayable:

Within one year

4,000

4,000

Between one and five years

8,100

12,100

12,100

16,100

14.	MOVEMENT IN FUNDS

Net

movement

At

At 1.5.25

in funds

30.4.26

£

£

£

Unrestricted funds

General fund

1,032,597

45,767

1,078,364

Restricted funds

Investments

-

1,600,000

1,600,000

TOTAL FUNDS

1,032,597

1,645,767

2,678,364

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

246,458

(200,691

)

45,767

Restricted funds

Investments

1,600,000

-

1,600,000

TOTAL FUNDS

1,846,458

(200,691

)

1,645,767

Comparatives for movement in funds

Net

movement

At

At 1.5.24

in funds

30.4.25

£

£

£

Unrestricted fund

1,020,211

12,386

1,032,597

TOTAL FUNDS

1,020,211

12,386

1,032,597

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted fund

196,521

(184,135

)

12,386

TOTAL FUNDS

196,521

(184,135

)

12,386

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

Net

movement

At

At 1.5.24

in funds

30.4.26

£

£

£

Unrestricted fund

1,020,211

58,153

1,078,364

Restricted fund

Investments

-

1,600,000

1,600,000

TOTAL FUNDS

1,020,211

1,658,153

2,678,364

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted fund

442,979

(384,826

)

58,153

Restricted fund

Investments

1,600,000

-

1,600,000

TOTAL FUNDS

2,042,979

(384,826

)

1,658,153

15.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2026.