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2022-08-31-accounts

LEGALANDADMINISTRATIVEINFORMATION 3
REPORT OFTHETRUSTEES 4
INDEPENDENTREPORT OFTHEAUDITOR... ....15
STATEMENT OFFINANCIALACTIVITIES(INCLUDINGTHE INCOME&
EXPENDTTUREACCOUNT). 20
BAI-ANCESHEET .......,..27
STATEMENT OF CASHFLOWS 22
NOTESTO THEACCOUNTS ....23

29 March 2023

(TNCLUDTNG THETNC OME &EXPENDTTUREACCOU NT)
Notæ rSep2O21
ISep2O21		 1Sep2O21 1 Sep2O2O
-31 Aug
-31Aug		 -31 Aug -31 Aug
2fJ22
2022		 2022 2l¡2L
Unrestricted
Restricted		 Totalfor TotalPrior
Funds
Funds		 YearC Year
E
E		 E
Incomefrom:
Donations andLegac¡es 2 787,OL336L,242 L,t49,255 L,t74,52L
Investments
Other (Govt grant)
Total		 787,or336''242tÅ48,255 2,534
r,t77,o5s
Expenditure on:
RaisingFunds
Charitableactivities		 3 4 (99,061)
(394,718)(379,L96)		 (99,061)
(773,9L4)		 (24,37L)
(535,164)
Total
Net
income/(expenditure)		 (493,779)(379,196)(872,97s)(ss9,53s)
293,234(L7,954) 275,28A6t7,52O
Transfersbetween funds
Netmovementin funds 293,234 (L7,954) 275,290617,520
Reconciliationof
funds:
Total funds brought I 743,758469,905 L,212,663595,143
forward
Total fundscarried I 1,036,992450,951 t,487,943 L,2t2,663
forward

NOTESTOTHE ACCOUNTS
. Donations andLegaciesincome
1Sep2O2t- 1Sep2O2O-
31Aug2022E 31Aug2O2tE
Unrestricted Income
DonationfromMCC 50,000 50,000
ValueinKind 81,205 LA3,2L4
FriendsofMCCFoundation 99,552 to3,479
Events 135,100 389
Sundry donations 42L,L56 564,270
Total Unrestricted Income 7B7,OL3 92L,352
RestrictedIncome
IndividualdonationsforNepal 37,lOO
IndividualdonationsforSouth Africa 5,000 5,000
IndividualdonationsforSriLanka 3,625
IndividualdonationsforLebanon 43,406 64,889
IndividualdonationsforCricketHubs 2L9,247 2L2,752
IndividualdonationsforRefugeeProjects 22,L68
Individual donationtoActionPlanforLondon 20,859
DonationfromlanMacLarenTrustYCsAward 3,636 3,636
SponsorshipofHubCompetition 38,301 29,792
TotalRestrictedIncome 36L,242 353,169
TotalVoluntary Income 1,L48'255 Lrl74r52L
3.Analysisof expenditureon CharitableActivities
1Sep2O2l-31Aug2O22
Grant
Hubs		 3.Analysisof expenditureon CharitableActivities
1Sep2O2l-31Aug2O22
Grant
Hubs		 3.Analysisof expenditureon CharitableActivities
1Sep2O2l-31Aug2O22
Grant
Hubs		 Central Total
making costs
GrantstoUKprojects
GrantstoOverseasprojects 100,430 100,430
Coaching costs L7B,B23 LL,728 190,551
Venue hire 92,889 92,889
Governance andsupportcosts
TotalCharitableActivities		 1OO,43O L24,600
396ßA2		 265,444
277,L72		 397,O44
773,914

NOTESTO THEACCOUNTS NOTESTO THEACCOUNTS NOTESTO THEACCOUNTS NOTESTO THEACCOUNTS
3.Analysisof expenditureon CharitableActivities (Cont'd)
ISep2O2O-31Aug2O21
Grant
HubsCentral
making
costs		 Total
GrantstoUKprojects
GrantstoOverseas projects 44,058 44,058
Coachingcosts 96,767 96,767
Venuehire 72,LOz 72,LOz
Governance andsupportcosts 7O,7BB 275,820 346,608
Total CharitableActivities 44,058 239,657 275,8.2A 559,535

a)BreakdownofGrants made:
1Sep2O2l- 1Sep2O2O-
31Aug20.22E 31AugãOZLE
Grants-Overseas
Alsama,Lebanon 6L,759 22,329
Connecting Clubs,Nepal 22,383 9,52O
FoundationofGoodness 3,625
Kidasha 7,663 7,2O9
MCCMasiSportsProject, Masiphumelele 5,000 5,000
TotalOverseasGrants 1OO,43O 44.,O5,8'

1Sep2O2l- 1Sep2O2O-
31Aug2fJ22E 31Aug2O2lC,
Payroll costs L49,94L L86,7L7
Valueinkind support (Note12) 81,205 33,7t4
Administrativecosts Lg,460 2L,O43
Professionalfees 5,013 L,O25
Auditfee g,925 8,950
TotalGovernanceandSuppoftCosts 265.,444 251,449

f4L,325). ARestricteddonationoff15,0
€15,000).
6.Debtors
00wasreceivedfrom M.
Duke(2O2Lz
31 Aug2022 31Aug2O2f.
E E
Tradedebtors 22,275
Amountsowedtorelated pafties 4,278
Other debtors(G¡ft A¡d,VAT) 7,543 tL,732
Prepayments and accrued income 952
TotalDebtors 29,818 1,6,962

7.Creditorsiamountsfallingduewith inoneyear
31Aug 2A22 31Aug2O2t,
E s
Tradecreditors
Othertaxand socialsecurity		 (34,472)
(9,086)		 (42,95L)
(8,568)
Amounts owedtorelatedparties
Accruals
Deferredincome		 (LL,44t)
(16,253)		 (2L,654)
(43,200)
TotalCreditors (71,252) (116,373)

8.Creditors;amountsfallingdueinmoreth anoneyear
31Aug2022 31AugãAZL
Deferredincome E
(19,623)		 E
(18,581)
Total Creditorsfallingdueinmorethan (19,623) (18,s81)
oneyear

ueinmorethanone year isshownnet ofth
eleasedduringtheyearto31August2A23,
DeferredIncome:		 atportion whichise xpectedtobe
31Aug2o22 31Aug2O2l,
E E
Balanceatthestaftofthereportingperiod 6t,78L 62,600
Amounts addedin currentperiod 3,000 12,550
Amountsreleasedtoincome (28,9A7) (13,369)
Balanceattheendofthereporting
period		 3sß74 6tt78t

NOTESTO THE
.Funds		 ACCOUNTS
Balanceat
ISep2O21		 Income Expenditure TransferBalanceat
31Aug
2022
s. c, E EE
Total Unrestricted 7431758 787,oL3 (493,779) 1,036,992
funds
RestrictedFunds:
Lebanon 42,560 43,406 (6L,759) 24,2O7
Nepal 20,37! 5,000 (25,371)
South Africa 5,000 (5,000)
SriLanka 3,625 (3,625)
Ukraine 2LO 2LO
Refugeeprojects 1,500 1,500
AfghanRefugeeproject 20,457 (1!,728) 8,729
IanMaclaren 22,574 3,636 (4,466) 2t,744
CricketHubs 306,835 278,4O7 (230,119) 355,L23
InnerCityHubs
TotalRestricted		 76,565
468,905		 36'.,242 (37,r28)

(379,196)		 39,437
450,951
incomefunds
TotalFunds t,14871943
Balanceat Income ExpenditureTransfer ExpenditureTransfer Balanceat
1Sep2O2O 31Aug
Total Unrestricted E
342,324		 ç.

82t,352		 ç.
(419,918)		 s. 2021,

c.
743t758
funds
RestrictedFunds:
SriLanka
IanMaclaren
SouthAfrica
Lebanon
Nepal
CricketHubs
InnerCityHubs		 18,938
148,881
85,000		 3,636
5,000
64,889
37,LOO
242,544		 (s,ooo;
(22,329)
(16,729)
(84,590)
(8,435)		 -
-
-
-
-		 22's74
42,560
2O,37t
306,835
76,565
Government Grant 2,534 (2,534)
TotalRestricted 252,819
355,703		 (l,39,617) 468r9O5
inæme funds
TotalFunds 595,143 t,L77,O55 (5591535) L,2L2,663

O.Analysisofnetass ets betweenfund s
2f¡22 Unrestricted Restrictedfund Total
fund
E E E
Cashatbankandin 1,065,448 483,552 1,549,000
hand
Currentassets L6,543 t3,275 29,818
(exclcash)
Current liabilities (44,999) (26,253) (7t,252)
Non-current liabilities (t9,623) (L9,623)
Total 1,036rgg2 450,951 !,4f371943
202l Unrestricted Restrictedfund Total
fund
E E E
Cashatbankandin 768,tt6 562,539 1,330,655
hand
Current assets (excl L6,962 L6,962
cash)
Current liabilities (40,820) (7s,s53) (116,373)
Non-current liabilities (s00) (18,081) (18,581)
Total 743,75,8 468,9O5 11212,663


related party with whichtheCharity unde
rtookanytransaction
sintheperiod.
1Sep2O2r.-
31Aug2022E		 1Sep2O2O-
31Aug2021,E
Expenses:
Catering, roomhire (36,584) (t4,445)
Amountsowedby related paftiesasat 4,277
theperiodend
Amountsowingtorelatedpaftiesasat (11,001) (13,385)
theperiodend

1 Sep2O2O-
1Sep2O2O-
1Sep2O2O-		 Sep2O2O-
1Sep2O2O-
1Sep2O2O-		 Sep2O2O-
1Sep2O2O-
1Sep2O2O-
31Aug2AZ1
31Aug2A2t
31Aug2O2L
Unrestricted Restricted Totalfor
Funds Funds Year
C E E
fncome from¡
VoluntaryIncome 82t,352 353,169 t,t74,52L
Investments
Other 2,534 2,534
Total 82L,352 355,703 L,177,O55
Expenditureon:
Raisingfunds
Charitableactivities
Total
Netincome/(expenditure)		 (419,918)
(419,918)
4OL,434		 (L39,6L7)
(L39,6L7)
216,086		 (559,535)
(559,535)
6L7,52O
Transfers between funds
Net movement in funds 4OL,434 216,096 6L7,52O
Reconciliationof funds:
Total fundsbrought
forward		 342,324 252,BLg
595,L43
Total funds carriedforward 743,758 469,905 L,2t2,663