Ulster Rugby Annual Report 2015 - 2016

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2016

NOTE

30 APRIL

30 APRIL

2016

2015

£

£

INCOME Grants

1,591,044 2,525,096

1,611,755 2,233,765

Sponsorship

Affiliation and match fees

59,886 123,920 991,156

63,767 131,846 980,545

33 33

Domestic game match income

Corporate stand income

Professional game match income

3,278,724

3,348,391

Merchandising income

133,494 675,135

27,662 573,159

Other income Total income

1

9,378,455

8,970,890

EXPENDITURE Administrative expenses Professional rugby expenses General rugby expenses Domestic game match expenses Professional game match expenses

(1,387,189) (4,146,366) (405,403) (104,675) (961,852) (734,138) (1,568,325) (9,307,744)

(1,203,060) (3,769,306) (404,388) (120,589) (931,646) (578,194) (1,755,265) (8,762,448)

Kingspan Stadium expenses Other development expenses

Total expenditure

SURPLUS FOR YEAR BEFORE TAXATION

70,711 29,554

208,442 (153,436)

Taxation

3

SURPLUS FOR YEAR AFTER TAXATION

100,265 1,350,191

55,006

Retained surplus at start of year

1,295,185

Retained surplus at end of year

1,450,456

1,350,191

All results in the current and prior year are derived from continuing operations. There are no recognised gains or losses for the current and preceding financial years other than the surplus of £100,265 (2015: surplus £55,006) shown above. Accordingly, no statement of total recognised gains and losses has been presented.