## **Capital Kids Cricket**
Registered Number 3175913
## A Company Limited by Guarantee
## And
## Charitable Status
## **Trustees Report**
## **And**
## **Annual Financial Statements**
For The Financial Year Ended 31 March 2024
Charity Registration Number: 1056817
Company Registration Number:3175913
1
## **INDEX TO ANNUAL REPORT AND FINANCIAL STATEMENTS | 31 March 2024**
|Trustees and Officers|3|
|---|---|
|Trustees’ / Directors Report|4-7|
|Independent Examiner’s Report|8-9|
|Income and Expenditure Account and Statement of Financial Activities|10|
|Balance Sheet|11|
|Accounting Policies|12-14|
2
## **DIRECTORS AND OFFICERS**
|**Directors**|**K Kumar – Chairman**|
|---|---|
||**F H Turner**|
||**E J Challinor**|
||**J Barclay**|
||**R Verity**|
||**P Ladmore**|
||**Y Osho**|
||**Jude Knappett**|
||**Sheikh Aliur Rahman**|
||**Martin Darlow**|
||**William Ellse**|
||**Mohammed Abdul Hai**|
|**Secretary**|**F H Turner**|
|**Charity Number**|**1056817**|
|**Company Number**|**3175913**|
|**Registered Office**|**157 Tennyson Road**|
||**London E15 4DR**|
|**Principal Address**|**157 Tennyson Road**|
||**London**|
||**E15 4DR**|
3
**DIRECTORS’ REPORT FOR THE YEAR ENDED 31 MARCH 2024**
The Directors present their report and the financial statements the charitable company for the year ended 31 March 2024.
## **Principal Activity**
The company's objects are to advance the education of children/young people in primary, secondary, and tertiary education, primarily in Greater London, by providing facilities and opportunities for the playing of cricket to promote and encourage their physical, social, and emotional development. Benefit may also be extended to individuals with special needs and disabilities who are outside formal education and beyond the typical age range for beneficiaries. Work with families will focus on supporting the development and well-being of children, but family members will also be beneficiaries.
CKC is a fully inclusive organization, primarily targeting children and young adults in state education within inner London and more deprived adjacent areas. The Charitable Company is governed by its Memorandum and Articles of Association, incorporated on 21 March 1996 and amended by Special Resolution on 29 May 2013. The trustees confirm that they have referred to the guidance in the Charities Commission's general guidance on public benefits when reviewing the Trust’s aims, objectives, and future activities.
## **Directors**
The Directors at the date of this report are listed on page 3 to this report. The following individuals served as directors during the year.
|**K Kumar - Chairman**
**F H Turner**
**E J Challinor**
**J Barclay**
**R Verity**
**P Ladmore**
**William Ellse**|**Y Osho**
**Jude Knappett**
**Sheikh Aliur Rahman**
**Martin Darlow**
**Mohammed Abdul Hai**|
|---|---|
4
**DIRECTORS’ REPORT FOR THE YEAR ENDED 31 MARCH 2024 (continued)**
## **ORGANIZATIONAL STRUCTURE**
The Board of Directors, who are also Trustees of the charitable company, set the overall framework for the organization. The CEO leads activities in consultation with the Chairman and Treasurer as needed. The CEO oversees development tasks, fundraising (with the support of key trustees), and events. Together with the COO, the CEO coordinates school, club, college, university, hospital, and community-based coaching, events, tournaments, residential trips (often in partnership with other organizations), and supervises suitably qualified staff to carry out CKC’s work.
## **Trustees, Company Secretary, Appointment, and Resignation**
From the current Board of Trustees, Haydn Turner was elected as Company Secretary on 21 August 2023. Mohammed Abdul Hai joined as a new trustee on 24 January 2024. Phil Turner and Georgina Ruth Ellse resigned as trustees on 7 November 2023.
## **Staff**
Jainil Chavda was appointed as an intern through Jack Petchey Foundation funding for one year from March 2024. Jainil, who began his cricket journey with West Ham CC, a club CKC established, was just 12 years old in 2012. This appointment highlights CKC’s commitment to creating opportunities for young people and adults, using cricket as an engagement tool and a pathway to employment, as also evidenced by the 2023 appointment of Manav Patel.
## **FINANCIAL REVIEW**
Our fundraising/income this financial year was **£457,938,** up from £415,303 the previous year.
## **FUNDING OF FUTURE ACTIVITIES**
The trustees believe that the funds raised during the current year will be sufficient to meet our charitable obligations for the current year and maintain our current level of reserves. We are actively pursuing corporate sponsorships, although funding from these sources remains limited.
## **CHILD PROTECTION**
We continue to operate a comprehensive child protection policy, which is communicated to schools, parents of children attending residential trips, and posted on our website. Risk assessments are conducted for all activities, and our coaches are well-qualified, thoroughly monitored, and undergo CRB and/or DBS checks. No child protection issues have arisen.
## **RECRUITMENT AND APPOINTMENT OF DIRECTORS**
Directors are recruited by invitation from individuals known to the charity who demonstrate interest and skills aligned with the charity’s objectives. This process involves consultations, interviews, and commitment reviews conducted by some trustees and the Chief Executive Officer before final appointments.
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**DIRECTORS’ REPORT FOR THE YEAR ENDED 31 MARCH 2024 (continued)**
## **ORIENTATION FOR NEW DIRECTORS AND TRUSTEES**
All new directors and trustees receive copies of the charity’s trust deeds and literature explaining the charity’s ethics and objectives. They also receive the Charity Commission guidance notes on trustee responsibilities.
## **Report on activities**
This report has historically provided a detailed review of our activities, which are now covered in full through our impact report ("Pushing the Boundaries"), newsletters, and other reports available on our website, www.ckc.london. However, I will highlight some areas where we have shifted focus from primarily school-based activities to more community-centered programs, increased outreach to girls/young women, support for refugee cricket initiatives in London and Lebanon (with the Alsama Project), and expanded support for children with special needs, including those in hospitals.
The 2023-24 year began with an emphasis on expanding CKC’s activities, with new areas and a greater focus on girls. In three holiday camps in West Ham Park and Tower Hamlets, CKC partnered to provide meals. Workshops focused on life skills were introduced to all summer camps and club sessions.
## **Pymmes Park (Enfield) and Heath Extension (Barnet)**
With funding from the London Marathon, we have launched a new club at Pymmes Park with the potential to grow into a full-fledged cricket club. We are working with the local council, Middlesex Cricket, and residents to establish a junior cricket club. We also support Canon CC in Barnet to develop a girls-only cricket club with funding from John Lyons and CKC’s "Clubs in Need" program.
## **Pupil Referral Units/Alternative Provision Schools (PRUs/APSs)**
PRUs/APSs support children and young people who have struggled in mainstream education and have been excluded. Aiming to reintegrate them into education, PRUs work with children vulnerable to drugs, violence, and gang-related crime. CKC is engaged in four such units across London.
## **Girls and Women’s Cricket**
Girls and women’s cricket remains a key focus, with increased club and after-school participation. On Tuesdays, mother-daughter sessions at Leyton Hub encourage young girls to participate alongside their parents. CKC also provides female coaches to run after-school clubs in East London and Barnet. Although we have advertised for a full-time female coach, recruitment has been challenging due to the shortage of female coaches. We are training mothers and university students to qualify as assistant coaches in clubs and schools.
**CKC Community Hub:** We have engaged discussion with a developer Lateral to set up a community hub in Whitechapel, Tower Hamlets to support local young people and adults to provide activities at the doorsteps. If all goes well we should get a ZERO rent short lease soon.
6
## **STATEMENT OF THE DIRECTORS’ RESPONSIBILITIES**
The Directors are responsible for preparing the Directors’ report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires Directors to prepare accounts for each financial year that give a true and fair view of the company’s affairs and the income and expenditure for the year.
## **In preparing these accounts, the Directors are required to:**
- Select suitable accounting policies and apply them consistently;
- Observe the methods and principles of the SORP;
- Make judgments and estimates that are reasonable and prudent;
- Prepare the accounts on a going concern basis unless it is inappropriate to presume the charity will continue.
The trustees are responsible for keeping proper accounting records to disclose the company's financial position accurately and ensure compliance with the Companies Act 2006. They are also responsible for steps to prevent and detect fraud and other irregularities.
## **RISK MANAGEMENT**
The Directors have examined the principal areas of the Charity’s operations and considered the major risks associated. In the opinion of the Directors, systems are in place to mitigate these risks under normal operating conditions.
## **RESERVES**
The reserves and cash held at the end of the year are equivalent to three months’ expenditure.
## **SMALL COMPANY RULES**
The financial statements have been prepared under the special provisions of Part 15 of the Companies Act 2008 for small companies, in accordance with SORP 2005.
## **By order of the Board of Directors**
## **Kalyan Kumar**
**Date: 03/10/2024**
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## **INDEPENDENT EXAMINER’S REPORTS**
## **Independent Accountant’s Report to the Members of Capital Kids Cricket (Limited by Guarantee)**
I report to the trustees on my examinations of the accounts of Capital Kids Cricket for the year ended 31 March 2024.
## **Respective responsibilities of the trustees and examiner**
The trustees, who also directors of the Company for the purpose of company law, and responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2013 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- Examine the accounts under Section 145 of the 2011 Act;
- To follow the procedures laid down in the General Directions of the charity Commission under section 145(5) (b) of the 2011 Act; and
- To state weather particular mattes have come to my attention.
## **Basis of Independent Examiners report**
My examination was carried out in accordance with General Directors given the Charity Commission. An example includes a review of the accounting records kept the charity and a comparison of the accounts presented with those records. It also includes consideration of unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be require in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited t those matters set out in the statement below
## **Independent Examiner’s statement**
I have completed my examination; I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- a. To keep accounting records in accordance with Section 386 of the Companies Act 2006; and
- b. To prepare accounts which accord with the accounting records, comply with the accounting requirements of Section 396 of the company Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities;
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Last year we advised book keepings should be done digitally and much organize ways in order to trace records quicker and to enhance accountability. This is implemented and still can improve further. QuickBooks accountancy system is maintained fairly well.
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.
Taj Accountants 69 Vallance Road London
E1 5BS
Date:
9
**Capital Kids Cricket** Income and Expenditure Accounts **for the year ended 31 March 2024**
|**Note**
**Incoming resources**
1
Income from activities
Donations receivable
Grant receivable
**Total incoming resources**
**Other income**
Bank interest receivable
Other operating income
**Total other income**
**Resources expensed**
Charitable activities
2
Management and administration
3
**Total resources expensed**
**Net (deficit) or income for the**
**year**
Funds balances as at beginning
of the year
**Funds balances as at 31 March**
**2024**|**Restricted**
**£**
-
930
930
-
-
-
-|**Unrestricted**
**£**
210,449
84,294
162,265
457,008
-
-
-|**Total**
**2024**
**£**
210,449
85,224
162,265
457,938
1,370
200
1,570
345,685
72,378
418,063
41,446
178,566
220,012|**Total**
**2023**
**£**
170,310
72,561
172,432|
|---|---|---|---|---|
|||||415,303|
|||||
259
-|
|||||259
355,019
72,921|
|||||427,940|
|||||
(12,378)
190,944|
|||||178,566|
The statement of financial activities also complies with the requirements for and income and expenditure account
under the Companies act 20016. All activities relate to the continuing activities.
10
**Capital Kids Cricket Balance Sheet as at 31 March 2024**
||**Notes**||**2024**||**2023**|
|---|---|---|---|---|---|
||||**£**||**£**|
|**Fixed assets**||||||
|Tangible assets|4||-||386|
|**Current assets**||||||
|Debtors|5|44,830||46,114||
|Cash at bank and in hand||226,616||178,704||
|||271,446||224,819||
|**Creditors: amounts falling**||||||
|**due within one year**|6|(51,435)||(46,639)||
|**Net current assets**|||220,011||178,180|
|**Net assets**|||220,011||178,566|
|**Capital and reserves**||||||
|Profit and loss account|||220,011||178,566|
|**Shareholders' funds**|||220,011||178,566|
The Directors are satisfied that the company qualifies for exemption from the requirement to obtain an audit under Section 477 of the Companies Act 2006. Members have not requested an audit in accordance with Section 476 of the Act.
The Directors acknowledge their responsibilities for ensuring compliance with the Companies Act 2006, specifically regarding the maintenance of adequate accounting records and the preparation of accurate financial accounts.
The accounts have been prepared and delivered following the special provisions applicable to companies under the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Kalyan Kumar Director Approved by the board on
11
**Capital Kids Cricket Notes to the Accounts for the year ended 31 March 2024**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
## _**Revenue**_
Charitable donations and grants comprise income from trusts and foundations, corporate partners and other donors to the charity to support the activities of the organizations. In addition schools and other education related establishments will pay for the provisions of coaching and other activities undertaken in accordance with the organisations charitable objectives.
General funds- these are unrestricted funds that are available for use at the discretion of the Trustees in the furtherance of the general objectives of the charity and have not been designated for the purpose.
Restricted funds- these are received where the donors have imposed specific restrictions on them or which have been raised by the charity for specific purposes. The costs of raising and administration such funds are charged to the specific fund.
All expenses are accounted for and accruals basis.
## _**Tangible fixed assets**_
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings and equipment
over 5 years
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
## _**Pensions**_
Contributions to defined contribution plans are expensed in the period to which they relate.
12
|**1**
**Income**
Generated from activities
Donations
Grant receivable
Services/Internship
**2**
**Direct charitable expenditures**
Photography event
Wages and salaries
Coaches fee
Festival and events
Sub-contractor
Medical Cover
Employers NI and Pensions
Venue Hire
**3**
**Management and administration**
Printings, postage and stationery
Telephone, IT and secretarial
Accountancy and other legal
Insurance
Bank and interest charges
Travel and subsistence
Donation
Training and development
Equipment expenses
Subscription
Other expenditures
**4**
**Tangible fixed assets**
**Cost**
At 1 April 2023
Additions
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for the year||**2024**
**£**
8,802
85,224
162,265
201,647
457,938
**2024**
**£**
315
209,646
79,324
21,047
4,959
-
26,643
3,751
345,685
**2024**
**£**
1,083
2,463
2,218
1,426
113
16,336
4,651
29,827
3,803
606
9,852
72,378
**Fixtures ,**
**fittings and**
**equipment**
**£**
5,148
5,148
4,762
386|**2023**
**£**
2,335
72,561
172,432
167,975|
|---|---|---|---|
||||
415,303|
||||
**2023**
**£**
-
195,072
100,074
12,635
13,368
725
26,054
7,091
355,019|
||||
**2023**
**£**
1,854
12,591
1,343
1,382
141
17,488
3,102
12,612
4,785
618
17,005|
||||72,921
**Total**
**£**
5,148|
||||5,148|
||||
3,778
984|
13
At 31 March 2024
5,148
4,762
|**Net book value**
At 31 March 2024
At 31 March 2023
**5**
**Debtors**
Trade debtors
Other debtors
**6**
**Creditors: amounts falling due within one year**
Trade creditors
Other social security costs
Accruals
Short Term Loan
Other creditors
**7**
**Income**
Opening balances
Income resources in the year
Other income
Resources expensed in the year
**Balance as at 31 March 2024**|-
386
**2024**
**£**
42,248
2,582
44,830
**2024**
**£**
16,064
12,022
19,786
3,563
51,435
**2024**
**£**
178,566
457,938
1,570
(418,063)
220,011|386|
|---|---|---|
|||1,370|
|||
**2023**
**£**
43,532
2,582|
|||
46,114|
|||
**2023**
**£**
10,561
11,225
19,786
5,067|
|||46,639
**2023**
**£**
190,944
415,303
259
(427,941)|
|||178,566|
## **8 Other information**
Capital Kids Cricket is a private company limited by shares and incorporated in England. Its registered office is:
157 Tennyson Road London E15 4DR
## **9 Transactions with trustees**
No trustees have claimed any expenses during the financial year 31 March 2024 (2023: £Nil).
## **10 Taxation**
The Charity is exempt from corporation tax liability.
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