Page 82 - RFU Annual Report 2018

8 FINANCIAL STATEMENTS

NOTES TO THE FINANCIAL STATEMENTS CONTINUED
0

30. Rugby Football Foundation

The financial results and position of the Rugby Football Foundation (RFF), which are included in the Group financial
statements, are provided below on the grounds that its funds may only be utilised in the pursuit of its charitable objectives.
The objectives are as follows: to promote community participation in healthy recreation, provide and assist in providing
facilities for sport, recreation and leisure time and to advance the education of children and young people.

Statement of financial activities 2018 2017
£m £m

Donations received 30.5 30.8
Direct charitable activities (30.0) (30.4)
Grants to clubs (0.8) (0.4)

Deficit for the year (0.3) -

2018 2017
Balance sheet £m £m

Loans due from clubs 7.8 7.7
Debtors 35.2 10.5
Cash at bank and in hand 0.6 1.4
Loans due to Group undertakings (6.8) (6.7)
Creditors falling due within one year (35.1) (10.9)

1.7 2.0

Represented by:
Unrestricted funds 1.1 1.4
Restricted funds 0.6 0.6

1.7 2.0

Annual
Report
2018