LISMORE RUGBY FOOTBALL CLUB

Transcription

1 FINANCIAL STATEMENTS For the year ended 30 June 2016 Charity Number SC RODGER HEPBURN Treasurer

2 FINANCIAL STATEMENTS For the year ended 30 June 2016 CONTENTS TREASURER S REPORT 2 INCOME AND EXPENDITURE ACCOUNT 3 BALANCE SHEET 5 NOTES to the FINANCIAL STATEMENTS 7 INDEPENDENT EXAMINER s report 9 TRUSTEES/COMMITTEE ANNUAL REPORT 10 Charity Number SC

3 TREASURER S REPORT For the year ended 30 June 2016 Accounting period for 2016 completes on 30 June 2016, Last year we made a loss of 3,868. This year we made a profit of 5,834, predominantly in funding to support the youth Programme. We are still short of funding to cover staff and coaching costs. The youth programme has been hugely successful and Sportscotland have recognized this and awarded us with an SIS grant to repeat the programme in the Castlebrae Cluster over the next 4 years. ( 13,900 this year) Unfortunately this represents about half the total cost and we need to find the other half in order to have a sustainable programme. This is also why we have cash in the bank. We have been working on this with the SRU and have been awarded 10k ( seed funding to employ a part time Business Development Manager, wobbly start but now have Harry Strouts in place for about 2 months now and actively marketing Lismore and what we are doing in the schools. His role is to help ensure the sustainability. We continue to invest heavily in the primary schools and youth rugby in the local community. The Community Rugby Development Officer who manages a Youth Worker in Sport has been delivering rugby into 6 local primary and 2 secondary schools. This is showing benefits as youth Teams are now competing in Edinburgh Competitions and winning trophies. Plus the young players have the opportunity to be part of the club environment. The floodlights and changing room cubicles are now up we were awarded 37,724 for the lights and cubicles. The project costs rose to over 50k as significant extra cabling was required to support the quality of the lights, this was missed in the original IPCSC quote. Rather than give up this opportunity, we received a significant one-off donation to ensure success. First CSF project to deliver. An application for funding has been submitted by IPCSC to upgrade the surface, this has been successful and will start in April Many thanks to the players for taking the initiative to pay for the posts that are now up. We still maintain reducing old clubhouse spend that will eventually come off the expenditure. Active progress in this area, the clubhouse was formally released back to the Council in Feb A long haul and a lot of patience from Alan Soden. We are registered by OSCR (Office for the Scottish Charity Regulator) with charity status, predominantly due to the youth work we are progressing, this should help us with future fundraising in this area. Social functions continue to support the club and IPCSC, and great to see them now making a profit for Lismore and IPCSC. We have cash in the bank, but the centenary fund (ex-players) and SIS cash is funding this. Treasurer Charity Number SC

4 INCOME AND EXPENDITURE ACCOUNT For the year ended 30 June 2016 Note 2015/ /2015 Clubhouse 1 Bar sales 0 0 Less: Cost of sales 0 0 Bar trading profit 0 0 Less: Rent and rates 0 0 Insurance 0 0 Gas, electricity, Water Clubhouse (deficit)/surplus Rugby playing Subscriptions 3,075 2,345 Match fee surplus 833 1,729 LWRFC 0 0 Rugby Fundraising Sponsor 0 0 4,076 4,895 Less: Pitches 3 2,300 6,213 IPCSC/SRU subscription & insurance 0 0 LWRFC 0 0 Travel 1,520 1,725 Catering (net of income) Physio & Sundries 1,314 2,908 Equipment and jerseys 5 62,765 40,333 Youth section 6 28,138 24,921-96,807-76,556 Deficit from the provision of rugby -92,731-71,661 Total Deficit from clubhouse and rugby -93,364-72,436 Charity Number SC

5 Club Administration Note 2015/ /2015 Receipts/(losses) re Internationals ,050 Scottish Rugby Union 8 52,374 13,395 Sale of club leisure wear 9 1,424 5,856 54,628 21,301 Less: Bank interest and charges Stationery and printing Cost of club leisure wear/ Kit 1,200 6,221 Business Dev Manager Cost 3,603 0 Miscellaneous ,292-6,752 Administration income/(deficit) 49,336 14,549 Fund raising income Donations 10 20,226 4,050 Friends of Lismore 11 3,822 2,060 Gift Aid ,583 Sundry Income 15 1,170 Club Sust Fund 0 37,724 Shirt Sponsors Raffle Buy A brick scheme 0 0 Lotteries Club 14 1,832 1,812 Social events 15 2,605 4,217 Match/Club sponsorship 16 22, ,691 54,866 Less: Fundraising costs -1, ,862 54,019 Surplus for year 5,834-3,868 All of the above relate to continuing activities. The notes on pages 7, 8 and 9 form part of these financial statements. Charity Number SC

6 BALANCE SHEET At 30 June 2016 Note 2015/ /2015 Fixed Assets Floodlights Less: Depreciation to date Current assets Stock of sweaters,ties etc Debtors 0 0 IPCSC Bond 0 2,000 Gift Aid 1,250 0 Cash at Bank 13,145 1,193 14,670 3,443 Less: Current liabilities Other Loan Centenary Fund 17 3, Bank overdraft 0 0 Creditors 18 3, Members Loan for Lights 19 8,000 0 Private Loan ,232 4,839 Net Current Liabilities 4,438-1,396 Representing Funds Brought forward from previous period -1,396 2,472 Surplus/Loss for period 5,834-3,868 Revaluation Reserve 0 0 4,438-1,396 Charity Number SC

7 The financial statements set out on pages 3 to 5 were approved by the Lismore Committee on 20 th March 2017 and were signed on its behalf by: On 8 th March 2017 The notes on pages 7 and 8 form part of these financial statements. Charity Number SC

8 NOTES TO THE FINANCIAL STATEMENTS For the year ended 30 June Clubhouse. Progress on returning lease and insurance but still paying for utilities. Refurbishment complete, awaiting a final clear- out and inspection, well done. 2. Rugby Fundraising As always, thanks to for his bonus ball on a Sat. This figure is lower than usual as some of this money will be in donations, also gets used for local expenditure 3. Pitches Last year had the one off cost of goalposts, this year we have offset the Lismore bonds against pitch rental. 4. Catering We desperately need help in this area, has stepped down after many years managing the catering, there has been a request to reinitiate the Thursday meals but we cannot with the present team. 5. Equipment and Jersey has pulled out the stops with Raging Bull, funding for some of this came from Sponsors Raffle, but we have pushed the Lismore Identity coaches, tours etc. all in Lismore logos. 58,390 is in this to cover new floodlights and cubicles in showers. 6. Youth Section Again our highest spend, we now fully cover our Sports Development Officer - Initial fundraising failed to support this, we now have a BDM in place to address this. Delivering rugby in 2 local secondary and 6 local primary schools. 7. International Tickets Traditionally poor when England at home as no commission, this year we also suffered as no games during the World Cup. Worst year ever. 8. SRU 12k towards DO, 37,724 toward lights and 2,650 participation. We have been heavily supported by SRU this season. We have also been awarded 10k for a Business Development Manager but only costs are included in these accounts. 9. Sale of Leisurewear Jerseys, Sale of Leisurewear and costs of sales very difficult to split as we ordered together. Some of this likely to be in equipment and strips. 10. Donations Many thanks to all who contributed. Players and for Goalposts for his Balls. and o various donations, 1000, Frith Family 500 and anyone else. Charity Number SC

9 11. FoL Yearly payments are not coming in need pushed to switch to monthly direct debits 12. Gift Aid Submission for this year still to be made. 13. Shirt Sponsors raffle. We were late starting it last year and suffered, need to get our act together this year as late again, one for new committee Club As always thanks 15. Social Events Well done to all who organised, do not want to specifically thank anyone as I ll miss someone that helped! Great effort and they nearly all made a profit! 16. Match Club Sponsorship include Sportscotland 13,900 Awards for all - 4,841 Jolly Judge - 2,000 Asda - 2, Centenary Fund Steady at under 4k, but source of funds to support DO as we organise the new fundraising BDM. Need to watch this though as needs repaid on demand. Fortunately 2 biggest holders are Sods and myself. 18. Creditors one off payment into account made by accident by an ex-player thought we were getting a great donation but had to be repaid. 19. Members Loan for Lights. Increased cost of light cabling meant we were at risk of losing the whole project, this loan may be written off as a donation but will keep as a loan/liability for this set of accounts. Charity Number SC

10 NDEPEND ENT EXAMINER 'S REPORT TO THE MEMBERS OF THE LISMORE RUGBY FOOTBALL CLUB In accordance with terms of engagement. We report on the financial statements of the Lismore Rugby Football Club set out on pages 2 to 8 Respective responsibilities of the Management Committee and the Independent Examiners The Management Committee of the Club are responsible for the preparation of the financial statements in accordance with the constitution of the Club. The accounts should be subject to external scrutiny in line with relevant requirements of legislation." Independent Examiners' statement In the course of our examination, no matter has come to our attention 1) which gives us reasonable cause to believe that in any material respect the requirements: to keep proper accounting records to prepare financial statements which accord with the accounting records have not been met, or 2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. 30 th March 2017 CIMA 14 Kirk Brae Edinburgh EH16 6HH Charity Number SC

11 TRUSTEES/COMMITTEE ANNUAL REPORT Committee President Treasurer Secretary VP VP Captain Captain Report Approved and minuted at the Lismore RFC Committee Meeting 20/03/2016 Youth Lismore RFC has invested over the last 6 years in developing its youth policy and has a full time Development Officer working with Liberton and Gracemount Secondary Schools and 7 local primary schools. The neighbourhood covers the wards of Moredun, Gilmerton, Inch, Liberton, Gracemount and Burdiehouse with a total population of 33,292 (2001 Census). Within the South Edinburgh area there are 10 wards which feature in the Scottish Executive Index of Multi Deprivation Index 'worst' 500. These wards contain health risks much higher than the average for Scotland. The schools development programme is forging ahead, the team led by our full time Development Officer is now supporting; Youth Current P4/5 x 1 teams, P6/7 x 3 team, S1/2 x 1 teams, U16 x 1 team, Girls U15 x 1 team and a Girls u18 team. and planned, Youth Future P4 x 2 teams, P5 x 2 teams, P6 x 2 teams, P7 x 2 teams S1/2 x 2 teams, U16 x 1 team, U18 x1 team, Girls U 15 x 1 team, Girls U 18 x 1 team Plan to grow from 7 to 14 youth teams enjoying rugby. The success in the schools has been recognised by the Staff and parents, as well as the SRU. Lismore has introduced rugby to 2700 kids, in schools that have never previously supported rugby. S1-4 Pupils at Liberton High School will now have the option to choose rugby as a subject in s4 pupils have completed their National 5 PE portfolio using rugby. This is due to the holistic approach our Development Team take in delivery as we can cover a variety of outcomes in the Curriculum for Excellence. For the last 2 years a rugby team has been recognised as Team of the Year at Liberton High School. The Girls u15 team won the National School Shield in We have expanded into the Castlebrae Cluster Primary Schools and have assisted Edinburgh Rugby in their Game On project in that area. We are now looking to grow this expansion as we have done in the Liberton cluster. This year we have an increased cost to fund our Development Officer and deliver our youth programmes in schools. (The SRU continues with 12k p.a. towards our D.O.) We have previously had the non SRU contribution paid by IPCSC in lieu of bar takings etc. Charity Number SC

12 Future years have the cost of a 'Junior DO' in the budget, we no longer consider this mandatory. Fundraising this year has also been more intense as additional costs with the new pitch (Lights etc.) have already been met. Where most of the expenditure is stable; playing rugby, club admin. etc.; the cost of supporting youth is still increasing. Lismore RFC was also the FIRST club in Scotland to provide our female and male membership equal opportunities (by constitution). This video shows how we have changed a community with 110 U18 players, male and female, now registered with us. The boys U16 s won the Midlothian League in 2016 as well as Liberton High School Team of the Year at the School Awards. Adult Teams Lismore RFC Womens team has consolidated in the league, like all teams, it will take a while to build up as the focus for the last few years has been to improve the clubhouse and facilities, and grow the youth to feed the senior teams. The Men s team came down to East 3 despite some late season revivals. We had 2 adult teams playing regularly, and the over 35s team reintroduced for a few games, great for the bar takings. We have a playing membership of around 90 Men. Facilities Training area now has floodlights and posts, IPCSC have committed to improving the training surface this is starting April Finance Covered in the Treasurers report, key point again though is the need to finance the youth development staff as the funding from Inch Park Community Sports Club has stopped. We need to raise an extra 20k per annum. The BDM will have this as primary KPI. Charity Number SC