Company Number Chartty Number 5754077 1120989 Seaham Harbour Cricket Club Financial statements For the year ending 30 September 2023
Seaham Harbour Cricket Club Trustees, Annual Report and Financial Statements As at 30th September 2023 The trustees, who are also directors for the purposes of company law, present their report and accounts for the year ended 30th September 2023 which have been prepared in accordan wilh the requirements of the Cornpanies Act 2006, the Charities Act 2011. the Memorandurn and Articles of Association, Financial Reporting Standard 102 and follow the recommendations in Accounting and Reporting by Charities: Ststement of Recommended Practice applicable to charities preparing thelr accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 102A) (effective January 2019). Referenco and Adminlstrativè Inforniation Charity Name Seaham Harbour Cricket Club Charlty registratlon number 1120989 Company registratlon number 5754077 Charity Trustees The trustees who served the charty durfng the period wera as follows.. Mr D Bacon Mr S Hagan Registered Office and Principal Address New Drive Seaham Co Durham SR7 7BX Bankers Lloyds TSB Bank plc Scottish Wdows 67 Morrison Street Edinburgh EH3 8YJ Independent Examiner Adam James MAAT Eric Southwick & Co Accountsnts 51 The Avenue Seaham Co Durham SR7 8NS
Seaham Harbour Cricket Club Trustees, Annual Report and Financlal Statements As at 30th September 2023 Structure. Governante and Management Conslltution Seaham Harbour Cricket Club was incorporated as a limited company on 23td March 2006 with company number 5754077. It was registered as a charty on 27th September 2007 with charity number 1120989. It is governed by the Memorandum and Articles of Association dated 23rd March 2006 and amerKJed 29th August 2¢J)6. Trustee Appointments New trustees may be nominated and elected at the charty'8 annual general meeting, but the total number of trustees may not exceed 5 nor fall below 3. At every annu81 general meeting one third of the trustees reUre from office but rnay be re-elecled. Objectives, Activities and Achlevements Charltable Objects The objects of the charity are: al To promots community participation to the residenls of Seaham and the surrounding area with an access to all policy to play cricket. b) To estsblish and secure the estsblishment of a crickel club and maintain and manage the same whether alone or in partnership or in co-operation with other persons in furtherance of the stated objects. Actlvltles and Achlevements Owing to the strong resilience of the committee, members, players and supporters the club continued to function on all playing fronts. There was still a number of key activrties and achievements within the year.. 1) The season was a great success for the 1 gt Team. The 1st Xl won the division 1 title then proceeded to win the play off final against Newcasde City to promotion to the Premier Loague Division 1. This marks a significant milestone as the club has retained its Premier League status only 6 years from folding from the league. 2} Seaham Ha0r Cricket Club's women's tsam went from strength to strength playing local teams and improving on last yearfs tremendous efforts. 3) The 2023 season proved to be another successful year for the junior set up under the new commtttee. The Club has over 110 affiliat8J boys and girls from the age of4-18 with 13 teams across the age groups. We also have 4 children who have been selected to present Durham County Cricket at various age groups. Honours for the 22, season included the following.. Boys- U18 league cup winners Boys- U13 league cup winners Boys- U11 league winners Boys- U15 league winners 4) The club continues to be run by a whole army of voluntsers including, Bar staff, cleaning 5tsff, maintenan, and coa¢hing staff.
Seaham Harbour Cricket Club Trustees, Annual Report and Financial Statements As at 30th September 2023 51 Seaham Hathur Cricket Club has some major plans set out for the comlng year (s) a. Continue funding for the replacernent of the changing rooms, planning and fvnding took a knock back owng to lockdown but the team are fully focused this is the number 1 priority for the club. The changing rooms will be used for disabled, junior. female, and male crtcket. They will also have space for umpires and officials. b. Internal structural work is also planned to increase the capacity of the club to allow for additional membership and to allow private functions to help assist fvnding. Voluntsers The Trustees consider the work of volunteers invaluable to the running of the charity. Publlc Beneflt The trust*s confirm that Ihey have referred to the guidance contalned in the Charity Commission's general guidance on public b8nefft when rèviewing the charity's aims and obje]vaS and in planning activities and setting policies and prioribes for the year ahead. Future Plans Plans are to further assist the playing of cricket within the local area, and to continue this by providing funding and facilities to allow this to happen. To continue to provide cricket for players of all ages and abilities. Resoryes Pollcy During nonnal operating condttions the trustees aim to hold reserves equivaleTrt to approximately 3 months, running costs. The reserves held on 30th September 2023 totalled £11 S,943 (2022.. £105,190). Responsibilltles of the Trustees Charity law requires the trustses to prepare financial statemenls for each fjnancial period, which show a true and fair view of the slate of affairs of the charity and its financial actwities ft)r that period. In preparing those financial statements, the trustees are required to.. select suitable accountlng policies and then apply them consistentty.. make judgments and estimates that are prudent and reasonable.. state whether applicable 8ccounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial ststements. and prepare the financial statements on the going concern basis un18SS it is inappropriate to presume that the charity will continue in existence. The trustees are iesponsible for keeping proper accounting records which dis¢los8 with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements ¢ornply with the Charities Act 2011. They are also responsible for safeguarding the assets of the chartty and hen for taking reasonable steps for prevention and detection of fraud and other Irregularities.
Seaham Harbour Cricket Club Trustses, Annual Report and Financial Statements As at 30th September 2023 Small Company Provlslons This report has been prepared in accordan with the small companies. regirne under the Companies Act 2006. Signed on behalf of Ihe trustees. S Hagan Trustee Date: 291£12024
Seaham Harbour Cricket Club Trustees, Annual Report and Flnancial Statements As at 30th September 2023 IndoPond•nt 0xamineS Report to the Trustees of Seaham Harbour Crlcket Club Llmited. I report on the accounts ofthe Charitable Company for the year ended 30th September 2023, which are set out on pages 6 to 12. Re5pectlve responslbllltles of trustees and examlner The trustees (who are also the directors of the company for the purposes of company law) are responsibla for the preparation of the accounts. The charity trustees consider that an audit is not required for this year under section 144 of the Chartties Act 2011 (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 given by the Chafity Commission under section 145{5)(b) of the 2011 Art. and to state whether particular matters have come to my attention. Basis of independent examlnovs roport My examination was carried OLrt in accordance with the general Directions given by the Chartty Commission. An examination includes a review of the accounting records kept by the charty and a comparison of the accounts presented with those records. It also inclLtdes consideration of any 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 required in an audit and, consequent, no opinion is given as to whetherthe accounts present a rue and fair Vie and the pOrt is limit8d to those matters set out in the ststement below. Independent examlneVs statement In connectiorb With my examination, no matter has come to my attenlion: which gives me reasonable cause to believe thal, in any material respect, the roquirements a) to kp accounting records in accordance with section 386 of the Companies Act 2006., and b) to prepare accounts which accord wth the accounting records, comply with Ihe accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charib8S have not been met, or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Adam James MAAT Erlc Southwick & Co Accountants 51 The Avenue Seaham Co Dutham Dale: 0310612024 Eric Southwick & Co SR7 8NS A dn5 Company Accounlants & Chariiy EKo*fÈS
Seaham Harbour Cricket Club Trustees, Annual Report and Financial Ststements As at 30th Se tember 2023 statemenl of Financial Actlvltles (incorporating the Income and Expenditure Account) for the year ended 30th September 2023 Unrostrktsd Rgstrfctod Tt)tal fuftds Total funds funds funds 2023 2022 Incom• and endowmènts from Donatio IBgaoes Charitsble a¢tieS Otrrlrading acb'vities 59,905 5,662 1.515 59,905 5,662 1.515 12,309 3,985 754 Total 67,082 17,048 Expgndlture on: CtrAritable aclimties Total rtr8oues expondod 50.932 50.932 5.398 5,398 56.329 56,329 43,037 43.037 Not Incomel(oxp•ndlturo1 N•t movement In fvnd8 16,150 16.150 5.3981 15,398) 10,753 10,753 (25,989) (25,989) Reconciliation of Funds Total fvlS broLghtfotward Total funds carrlgd foNiard 12 89,625 105775 15,565 10,167 105,190 115,943 131.179 105.190
Seaham Harbour Cricket Club Trustees, Annual Report and Financial Statements As at 30th September 2023 Balance Sheet As at 30th September 2023 Company number 5754077 2023 2022 Flxed Auet8 Taryibb assets kwtments Total fixed aets Curr•ntassots 28.743 80 28,823 23,640 80 23,720 Debto¥s Cash at bank in IrKI T¢)tsl ourrent assèts Curr•nt Liabilittes Creditors.. Amounts falirvJ du trin year Netcurront assots Ttstsl •s6ets less curvent llablllt188 10 79,814 7,801 87,615 79,814 2,151 81,965 11 495 495 87.120 81,470 105.190 Thè fund$ ofthe charfty Re51ricted lrtome fuTras Umslrictod Irge Total unrestrl¢tod fttnds Total charlty fund¥ 12 12 10.167 1 S,565 10S775 105,775 115,943 89,625 105190 13 For the year ended 30* September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordan with section 476 of the Companies Act 2006. The direGtors acknowledge their responsibility for complying with the requirements of the Act respect to accounting records and for the preparation of acunts. The accounts have been prepared in accordance with the mi¢ro-entity provisions. The financial statements on pages 6 10 11 were approved by the trustses and signed on their behalf.. S Hagan Trustee Date". 2910512024
Seaham Harbour Cricket Club Trustees, Annual Report and Financial Ststements As at 30th September 2023 Notos to tho accounts 1 Accounting policles In preparing the accounts the following accounting policies have been complied with.. a) The charty Ss a public benefil entity and therefore the financial statements have been prepared in accordan wilh Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019> - (Charitie5 SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (August 2014), the Charities Act 2011 and the Companies Act 2006. bl Assets and liabilities are inttially recognised at historical cost or transaction value unless otheTwise stated in the relevant accounting policy or note. c) Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity- dl Restricted fijnds are subjected to restrictions on their expenditure imposed by the donor orthrough the tems of an appeal. All incoming resources are included in the statement of financial activities when the charity reiVeS the income. e) Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered. and is reported as part of the expenditure to which rf( relates. i) Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and seNices for its beneficiaries. It includes costs that can be allo¢aled directly to such activities and those costs of an indirect nature necessary to support them. ill Governancè costs include those costs associated with meeting the constitutional and statutory requirements of the charty and include the independent examination fees and costs linked to the strategic management of the charity. ill) All costs are allocated between the expenditure categories of the statement of financial activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocaled directly. others are apportioned on an appropriate basis as set out in the notes. 2 Going Concern The accounts have been prepared on a going concem basls. 3 Taxatlon The charity is exempt from taxation on its income and gains where they are applied for charitable purposes.
Seaham Harbour Cricket Club Trustees, Annual Report and Financlal Statements As at 30th September 2023 Notes to the accounts {Continued) 4 Income and endovrnents from: Donatlons and legaeies R•slrl¢ted Total fvnd$ Tolal funds nds 2023 2022 Unrubl¢t•d OorAllor Se8l¥m Fbcri1 Club ErtenSeS Ltd FergLwn'8 NET Grant Pllknar Sporwrship Total 8,005 6.005 4,109 41,000 1,500 41.000 1,500 5,000 1,500 1.500 1.500 5.21)0 12,309 4.900 S905 59.905 5 Income and endowments from: Charltable actlvltles Restrfet•d Total funds Total funds fund8 2023 2022 Unr¢#trfcts SLthcrlptior 5.662 6 Income and endowments from: Other trading actfvities R•slrfclgd T¢)tal funds Total fvnds lund$ 2023 2022 Unrtstrlcta FLWXI RalslNJ awrts 754 7 Expendlture on: Charltable activitles Restrlctsd Total funds Total fvnds fund¥ 2023 2022 un1rfctfjd CIJJ & grrt Lpkeep Repair8 & rerMBts Deproaation Webslte cou1 tax 6,460 3,540 6,460 3,540 5,398 477 10,554 2,572 3,297 1.797 5,398 477 40 799 390 5,807 Equpmert F$es, & CLP 8th85 Umpires & thrpkwr¥J e)pernes Trarnport PTolessioro1 salaryarb e>pense$ hJepÈrKlerl E>2mirEff8 leg TraIrj E¥J8 Tropty E>perBe 799 390 6,807 3.012 100 2.840 50 24,910 495 5,633 2,381 24,910 495 5,633 2,381 17,520 495 Totrl 5.398
Seaham Harbour Cricket Club Trustees, Annual Report and Financlal Statements As at 30th September 2023 Notes to the accounts {Continued) 8 Flxed Assets Lèa$èhold Plant& Proporty equlpment Total Costorvaluadon Al 1 Ctbber 2022 Additior At30 September2023 Dopreciatlon At1 Octobar 2022 Chargè for parfod At 30 Septernber2023 53.948 51,836 10,501 105.784 10,501 116285 31.508 2,697 50.636 2.700 82,144 5,398 Nètbook valu• At 30 SeptembeT 2023 AI 30 September 2022 Leasehold Property improvements are depreciated on a straight-line basis at 5Vo per annum on a straight-line basis. Plant and equipment are depreciated on a straight-line basis at 20 /0 per annum on a straight-line basis. Items below £500 are not capitalised. 9 Investments 00 2023 2022 M0mert in market valLE Markelvahts at 30 S•pt8mb•r2023 Historical costat30 S8ptember2022 80 80 80 80 Thè investment comprlses an 80¥¢ shareholding in Seaham HartK)ur Cricket Club Enterprises Limited. Seaham Harbour Crickel Club Enterprises Limited was incorporated on 2nd February 2007 in England & Wales with company number 06198944. Its main activity is the running of the Cricket Club bar. In the year ended 30th September 2023 the company make a profrt of £16,179 {2022'. Nil) and has capital and reserves of £4,981 (2022.. £11,098>. 10 Debtor5 2023 2022 Amo[ bygrow lnIertlYS 11 Crodltors.. Amounts falllng due within one year 2023 2022 ALrruals 495 495 10
Seaham Harbour Cricket Club Trustaes, Annual Report and Flnanclal Ststements As at 30th September 2023 Notes to the accounts {Contlnued) 12 Reserves li Il 11 I li Re8trlcted lund$ Fid Assets 15,585 (5,398) 10.167 UThr8strlcted funds Cneral fund 89,625 105190 67.082 (50,932) 67082 L 105,775 13 Analysls of net assets between funds 10,167 10,187 105778 115,943 UNestricted Irr0 ftrKIs Total 80 80 2e,743 87.120 14 Comparatives for the Statement of Flnancial AGtlv5tles Unrestrlcted Restrlctod Total fund8 funds funds 2022 Income and ondowments from Donatiorts aThJ acies 12,309 CFHrrtable acti¥ities 3,985 othertradirg a5118S 754 Total 17.048 12,309 3,985 754 17,048 Expendllurn on: Charitable aGti¥ities 39,740 Total resourcos &xpended 39,740 3,297 3,297 43.037 43.037 Not inc¢)mel{expondliure) (22,692) Not movement In funds (22,692} (3,297) (3.297) (25.989) (25,989)
Seaham Harbour Cricket Club Trustees. Annual Report and Financial Statements As at 30th September 2023 Notes to the accounts Icontlnued) 15 Related party transactlons The Company controlled its 80Yo subsldiary company. Seaham Harbour Cricket Club, throughout the current period. During the period the Company allowed Seaham Harbour Cricket Club Enterprises Limited to use the Club house free of charge to operate the bar. The company received a donation of £41,000 (2022.. Nil) from the Seaharn Harbour Cricket Glub Enterprises Limited in the same period. 16 Controlling Partles The trustees consider the members of Seaham Harbour Crfcket Club to be the ultimale oontrolling parties of the company. No trustee recetved remuneration or expenses for their services as trustees during the current year or the previous period. 17 Company Ilmlted by guarantee. The charty is a private company limited by guarantee registered in England and Wales, which has its registered office at Seaham Harbour Cricket Club. New Drive. Seaham. Co Durham SR7 7BX. In the event of the company being wound up members are required to contribute an amount not exceeding £10. 12